Blister Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
Blister Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global blister packaging market size reached US$ 24.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 33.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.65% during 2023-2028.
Blister packaging refers to a pre-formed plastic packaging which comprises of a cavity that is made using a thermoformed plastic and a paper or aluminum foil back. This type of packaging displays a large part of the content to consumers while protecting it from heat, UV rays, humidity and contamination. Due to this, it eliminates the need for cartons and helps in reducing packaging costs. Additionally, as it provides easy product handling and transportation, it is extensively used for packing toys, consumer goods, food and medicines.
Market Drivers:
The growing need for convenient and tamper-free packaging has proliferated the demand for blister packaging in the pharmaceutical industry. Moreover, factors like rising demand for unit dose packaging, sales of OTC drugs and monitored dosage system for improving patient compliance are providing a thrust to the market growth. Further, technological advancements in the pharmaceutical and food industries have enabled manufacturers to incorporate radio-frequency identification (RFID) tags in blister packs for simplifying supply-chain management. In addition, products like child-resistant packaging with push-through, peelable, pressure-sensitive and anti-lock mechanism are modifying the production methods. Some of the other factors driving the market include rising prevalence of life style diseases, ageing population, stringent regulatory requirements and increasing demand of generic drugs.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global blister packaging market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, technology, raw material and end-use.
Breakup by Product Type:
Carded
Clamshell
Currently, carded blister packaging represents the most popular product type. It is commonly utilized in the packing of medicines, food products and small consumer goods due to its cost-effectiveness and the ability to be formed in different shapes.
Breakup by Raw Material:
Polyvinyl Chloride (PVC)
Aclar
Polyvinylidene Chloride (PVDC)
Cyclic Olefin Copolymer (COC)
Polypropylene (PP)
Amongst these, polyvinyl chloride (PVC) is the most popular raw material, accounting for the majority of the total market share. PVC is used owing to its light weight, low cost, excellent barrier properties and inert nature.
Breakup by Technology:
Thermoforming
Cold Forming
At present, thermoforming technology is widely used for manufacturing blister packs and holds most of the market share.
Breakup by End-Use:
Healthcare
Consumer Goods
Industrial Goods
Food
On the basis of end-uses, the healthcare sector accounts for the majority of the total market share.
Regional Insights:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Region-wise, Asia Pacific exhibits a clear dominance in the global blister packaging market.
Competitive Landscape:
The competitive landscape has also been analyzed in the report along with the detailed profiles of the leading market players. Some of them include:
Amcor Limited
Bemis Company, Inc.
The DOW Chemical Company
Westrock Company
Sonoco Products Company
Constantia Flexibles GmbH
E.I.Du Pont De Nemours and Company
Honeywell International Inc.
Tekni-Plex, Inc.
Display Pack, Inc.
Pharma Packaging Solutions
Key Questions Answered in This Report
1. What was the size of the global blister packaging market in 2022?
2. What is the expected growth rate of the global blister packaging market during 2023-2028?
3. What are the key factors driving the global blister packaging market?
4. What has been the impact of COVID-19 on the global blister packaging market?
5. What is the breakup of the global blister packaging market based on the product type?
6. What is the breakup of the global blister packaging market based on the raw material?
7. What is the breakup of the global blister packaging market based on the technology?
8. What is the breakup of the global blister packaging market based on the end-use?
9. What are the key regions in the global blister packaging market?
10. Who are the key players/companies in the global blister packaging market?
The global blister packaging market size reached US$ 24.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 33.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.65% during 2023-2028.
Blister packaging refers to a pre-formed plastic packaging which comprises of a cavity that is made using a thermoformed plastic and a paper or aluminum foil back. This type of packaging displays a large part of the content to consumers while protecting it from heat, UV rays, humidity and contamination. Due to this, it eliminates the need for cartons and helps in reducing packaging costs. Additionally, as it provides easy product handling and transportation, it is extensively used for packing toys, consumer goods, food and medicines.
Market Drivers:
The growing need for convenient and tamper-free packaging has proliferated the demand for blister packaging in the pharmaceutical industry. Moreover, factors like rising demand for unit dose packaging, sales of OTC drugs and monitored dosage system for improving patient compliance are providing a thrust to the market growth. Further, technological advancements in the pharmaceutical and food industries have enabled manufacturers to incorporate radio-frequency identification (RFID) tags in blister packs for simplifying supply-chain management. In addition, products like child-resistant packaging with push-through, peelable, pressure-sensitive and anti-lock mechanism are modifying the production methods. Some of the other factors driving the market include rising prevalence of life style diseases, ageing population, stringent regulatory requirements and increasing demand of generic drugs.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global blister packaging market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, technology, raw material and end-use.
Breakup by Product Type:
Carded
Clamshell
Currently, carded blister packaging represents the most popular product type. It is commonly utilized in the packing of medicines, food products and small consumer goods due to its cost-effectiveness and the ability to be formed in different shapes.
Breakup by Raw Material:
Polyvinyl Chloride (PVC)
Aclar
Polyvinylidene Chloride (PVDC)
Cyclic Olefin Copolymer (COC)
Polypropylene (PP)
Amongst these, polyvinyl chloride (PVC) is the most popular raw material, accounting for the majority of the total market share. PVC is used owing to its light weight, low cost, excellent barrier properties and inert nature.
Breakup by Technology:
Thermoforming
Cold Forming
At present, thermoforming technology is widely used for manufacturing blister packs and holds most of the market share.
Breakup by End-Use:
Healthcare
Consumer Goods
Industrial Goods
Food
On the basis of end-uses, the healthcare sector accounts for the majority of the total market share.
Regional Insights:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Region-wise, Asia Pacific exhibits a clear dominance in the global blister packaging market.
Competitive Landscape:
The competitive landscape has also been analyzed in the report along with the detailed profiles of the leading market players. Some of them include:
Amcor Limited
Bemis Company, Inc.
The DOW Chemical Company
Westrock Company
Sonoco Products Company
Constantia Flexibles GmbH
E.I.Du Pont De Nemours and Company
Honeywell International Inc.
Tekni-Plex, Inc.
Display Pack, Inc.
Pharma Packaging Solutions
Key Questions Answered in This Report
1. What was the size of the global blister packaging market in 2022?
2. What is the expected growth rate of the global blister packaging market during 2023-2028?
3. What are the key factors driving the global blister packaging market?
4. What has been the impact of COVID-19 on the global blister packaging market?
5. What is the breakup of the global blister packaging market based on the product type?
6. What is the breakup of the global blister packaging market based on the raw material?
7. What is the breakup of the global blister packaging market based on the technology?
8. What is the breakup of the global blister packaging market based on the end-use?
9. What are the key regions in the global blister packaging market?
10. Who are the key players/companies in the global blister packaging market?
Table of Contents
108 Pages
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Global Blister Packaging Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Product Type
- 5.5 Market Breakup by Technology
- 5.6 Market Breakup by Raw Material
- 5.7 Market Breakup by End-Use
- 5.8 Market Breakup by Region
- 5.9 Market Forecast
- 6 Market Breakup by Product Type
- 6.1 Carded
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Clamshell
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 7 Market Breakup by Technology
- 7.1 Thermoforming
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Cold Forming
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 8 Market Breakup by Raw Material
- 8.1 Polyvinyl Chloride (PVC)
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Aclar
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Polyvinylidene Chloride (PVDC)
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Cyclic Olefin Copolymer (COC)
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Polypropylene (PP)
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 9 Market Breakup by End-Use
- 9.1 Healthcare
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Consumer Goods
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Industrial Goods
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Food
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 10 Market Breakup by Region
- 10.1 North America
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Europe
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Asia Pacific
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Middle East and Africa
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Latin America
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
- 11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
- 12 Value Chain Analysis
- 12.1 Overview
- 12.2 Research and Development
- 12.3 Raw Material Procurement
- 12.4 Manufacturing
- 12.5 Marketing
- 12.6 Distribution
- 12.7 End-Use
- 13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
- 14 Price Analysis
- 15 Blister Packaging Manufacturing Process
- 15.1 Product Overview
- 15.2 Raw Material Requirements
- 15.3 Manufacturing Process
- 15.4 Key Success and Risk Factors
- 16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Amcor Limited
- 16.3.2 Bemis Company, Inc.
- 16.3.3 The DOW Chemical Company
- 16.3.4 Westrock Company
- 16.3.5 Sonoco Products Company
- 16.3.6 Constantia Flexibles GmbH
- 16.3.7 E.I.Du Pont De Nemours and Company
- 16.3.8 Honeywell International Inc.
- 16.3.9 Tekni-Plex, Inc.
- 16.3.10 Display Pack, Inc.
- 16.3.11 Pharma Packaging Solutions
Pricing
Currency Rates
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