by Market Overview:
Blister packaging provides effective protection to products from damage and contamination during transportation and storage. It is popular for pharmaceutical products packaging owing to ease of use and tamper evidence.
Market key trends:
Thermoforming continues to gain traction as a preferred manufacturing process for blister packaging. Thermoplastic materials such as PVC, PVDC, and PET are most commonly used for thermoforming. New 3D printing technologies enable customized blister packages for niche applications. Demand for sustainable and biodegradable packaging materials is also fueling R&D into innovative bio-based materials such as polylactic acid (PLA) for blister packaging. The pharma industry is increasingly adopting specialized unit-dose and personalized blister packaging solutions to enhance patient experience and compliance. Automation in blister packaging lines has boosted productivity and reduced cost of production.
Segment Analysis
The blister packaging market is segmented into material, technology, type and end-use industry. Based on material, the plastic films segment dominates the market. Plastic films offer advantages such as high mechanical resistance, moisture and gas barriers. Based on technology, the thermoforming segment holds the highest market share as it is easy to use and ideal for moisture-sensitive products.
Key Takeaways
The Global Blister Packaging Market Demand is expected to witness high growth, exhibiting CAGR of 6.9% over the forecast period, due to increasing demand for convenient packaging from pharmaceutical and food industries.
North America dominates the global blister packaging market. The region accounts for over 30% share of the global market due to well-established pharmaceutical industry. Asia Pacific is projected to be the fastest growing market during the forecast period owing to rapid growth of end-use industries in developing economies such as China and India.
Key players operating in the blister packaging market are Amcor PLC, Blisters Inc., Honeywell International Inc., Blisterpak Inc., VisiPak, Sonoco Products Company, Powerpak Industries L.L.C., Clearwater Packaging Inc., Constantia Flexibles GmbH, Westrock Company, and Algus Packaging Inc. Amcor PLC dominates the global market due to wide product portfolio and geographic presence across major markets.
Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
