Latin America Blister Packaging Market Report and Forecast 2025-2034
Description
The Latin America blister packaging market size reached USD 1.14 Billion in 2024. The market is projected to grow at a CAGR of 7.10% between 2025 and 2034, reaching almost USD 2.26 Billion by 2034.
To prevent unintended incidences of poisoning among children, the pharmaceutical industry in Latin America is switching towards child-resistant blister packaging in which manufacturers utilise a coating of aluminium, along with PVC, PP, and coldform foils to make it difficult for children to access the medicine. This is expected to drive the Latin America blister packaging market growth in the forecast period.
Blister packaging is a low-cost solution for various industries and also has a smaller ecological footprint, which is expected to drive its demand among end users. Moreover, the integration of nanotechnology into the manufacturing processes of blister packets is likely to result in lesser weight and greater barrier protection for goods, thereby driving the Latin America blister packaging market growth.
Manufacturers are switching towards the usage of high-quality raw materials for blister packets. For instance, thermoform plastics that are resistant to the impact of chemicals and enhance the durability of blister packaging have gained high popularity as a raw material among manufacturers.
Rising concerns surrounding plastic waste are driving manufacturers towards sustainable materials, including fibre, paper and paperboard, and biodegradable plastics, for designing blister packaging. This is expected to accelerate the Latin America blister packaging market development. Moreover, as Latin American countries strengthen regulations surrounding the usage of eco-friendly packaging materials, the market is expected to witness significant growth over the forecast period.
Market Segmentation
Latin America Blister Packaging Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Carded
Clamshell
Market Breakup by Material
Paper and Paperboard
Plastic_x000D_ _x000D_ Polyvinyl Chloride (PVC) _x000D_ Polyethylene Terephthalate (PET) _x000D_ Polyethylene (PE) _x000D_ Others _x000D_ _x000D_
Plastic_x000D_ _x000D_ Polyvinyl Chloride (PVC) _x000D_ Polyethylene Terephthalate (PET) _x000D_ Polyethylene (PE) _x000D_ Others _x000D_ _x000D_
Aluminium
Market Breakup by Technology
Thermoforming
Cold Forming
Market Breakup by End Use
Healthcare
Consumer Goods
Industrial Goods
Food
Market Breakup by Country
Brazil
Mexico
Argentina
Others
Competitive Landscape
The key market players are:
Honeywell International Inc.
WestRock Company
Amcor Plc
Huhtamäki Oyj
Sonoco Products Company
Tekni-Plex, Inc.
Constantia Flexibles International GmbH
KP Holding GmbH & Co. KG
Nelipak Corporation
Others
To prevent unintended incidences of poisoning among children, the pharmaceutical industry in Latin America is switching towards child-resistant blister packaging in which manufacturers utilise a coating of aluminium, along with PVC, PP, and coldform foils to make it difficult for children to access the medicine. This is expected to drive the Latin America blister packaging market growth in the forecast period.
Blister packaging is a low-cost solution for various industries and also has a smaller ecological footprint, which is expected to drive its demand among end users. Moreover, the integration of nanotechnology into the manufacturing processes of blister packets is likely to result in lesser weight and greater barrier protection for goods, thereby driving the Latin America blister packaging market growth.
Manufacturers are switching towards the usage of high-quality raw materials for blister packets. For instance, thermoform plastics that are resistant to the impact of chemicals and enhance the durability of blister packaging have gained high popularity as a raw material among manufacturers.
Rising concerns surrounding plastic waste are driving manufacturers towards sustainable materials, including fibre, paper and paperboard, and biodegradable plastics, for designing blister packaging. This is expected to accelerate the Latin America blister packaging market development. Moreover, as Latin American countries strengthen regulations surrounding the usage of eco-friendly packaging materials, the market is expected to witness significant growth over the forecast period.
Market Segmentation
Latin America Blister Packaging Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Carded
Clamshell
Market Breakup by Material
Paper and Paperboard
Plastic_x000D_ _x000D_ Polyvinyl Chloride (PVC) _x000D_ Polyethylene Terephthalate (PET) _x000D_ Polyethylene (PE) _x000D_ Others _x000D_ _x000D_
Plastic_x000D_ _x000D_ Polyvinyl Chloride (PVC) _x000D_ Polyethylene Terephthalate (PET) _x000D_ Polyethylene (PE) _x000D_ Others _x000D_ _x000D_
Aluminium
Market Breakup by Technology
Thermoforming
Cold Forming
Market Breakup by End Use
Healthcare
Consumer Goods
Industrial Goods
Food
Market Breakup by Country
Brazil
Mexico
Argentina
Others
Competitive Landscape
The key market players are:
Honeywell International Inc.
WestRock Company
Amcor Plc
Huhtamäki Oyj
Sonoco Products Company
Tekni-Plex, Inc.
Constantia Flexibles International GmbH
KP Holding GmbH & Co. KG
Nelipak Corporation
Others
Table of Contents
115 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Blister Packaging Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Blister Packaging Historical Market (2018-2024)
- 5.3 Global Blister Packaging Market Forecast (2025-2034)
- 5.4 Global Blister Packaging Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Latin America Blister Packaging Market Overview
- 6.1 Key Industry Highlights
- 6.2 Latin America Blister Packaging Historical Market (2018-2024)
- 6.3 Latin America Blister Packaging Market Forecast (2025-2034)
- 7 Latin America Blister Packaging Market by Type
- 7.1 Carded
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Clamshell
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 8 Latin America Blister Packaging Market by Material
- 8.1 Paper and Paperboard
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Plastic
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.2.3 Breakup by Type
- 8.2.3.1 Polyvinyl Chloride (PVC)
- 8.2.3.2 Polyethylene Terephthalate (PET)
- 8.2.3.3 Polyethylene (PE)
- 8.2.3.4 Others
- 8.3 Aluminum
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 9 Latin America Blister Packaging Market by Technology
- 9.1 Thermoforming
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Cold Forming
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 Latin America Blister Packaging Market by End Use
- 10.1 Healthcare
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Consumer Goods
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Industrial Goods
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Food
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 11 Latin America Blister Packaging Market by Country
- 11.1 Brazil
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Mexico
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 Argentina
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 Others
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators of Demand
- 12.4 Key Indicators of Price
- 13 Value Chain Analysis
- 14 Manufacturing Process
- 15 Competitive Landscape
- 15.1 Supplier Selection
- 15.2 Key Global Players
- 15.3 Key Regional Players
- 15.4 Key Player Strategies
- 15.5 Company Profiles
- 15.5.1 Honeywell International Inc.
- 15.5.1.1 Company Overview
- 15.5.1.2 Product Portfolio
- 15.5.1.3 Demographic Reach and Achievements
- 15.5.1.4 Certifications
- 15.5.2 WestRock Company
- 15.5.2.1 Company Overview
- 15.5.2.2 Product Portfolio
- 15.5.2.3 Demographic Reach and Achievements
- 15.5.2.4 Certifications
- 15.5.3 Amcor Plc
- 15.5.3.1 Company Overview
- 15.5.3.2 Product Portfolio
- 15.5.3.3 Demographic Reach and Achievements
- 15.5.3.4 Certifications
- 15.5.4 Huhtamäki Oyj
- 15.5.4.1 Company Overview
- 15.5.4.2 Product Portfolio
- 15.5.4.3 Demographic Reach and Achievements
- 15.5.4.4 Certifications
- 15.5.5 Sonoco Products Company
- 15.5.5.1 Company Overview
- 15.5.5.2 Product Portfolio
- 15.5.5.3 Demographic Reach and Achievements
- 15.5.5.4 Certifications
- 15.5.6 Tekni-Plex, Inc.
- 15.5.6.1 Company Overview
- 15.5.6.2 Product Portfolio
- 15.5.6.3 Demographic Reach and Achievements
- 15.5.6.4 Certifications
- 15.5.7 Constantia Flexibles International GmbH
- 15.5.7.1 Company Overview
- 15.5.7.2 Product Portfolio
- 15.5.7.3 Demographic Reach and Achievements
- 15.5.7.4 Certifications
- 15.5.8 KP Holding GmbH & Co. KG
- 15.5.8.1 Company Overview
- 15.5.8.2 Product Portfolio
- 15.5.8.3 Demographic Reach and Achievements
- 15.5.8.4 Certifications
- 15.5.9 Nelipak Corporation
- 15.5.9.1 Company Overview
- 15.5.9.2 Product Portfolio
- 15.5.9.3 Demographic Reach and Achievements
- 15.5.9.4 Certifications
- 15.5.10 Others
Pricing
Currency Rates
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