Unlock 20% Off Global Market Reports Using Code ONLINE20 – Stay Informed on Trade Policies, Market Growth, and Key Disruptors
How Strong Is the Market Growth Outlook for the Blister Packaging Market?
The blister packaging market size has grown strongly in recent years. It will grow from $24.08 billion in 2024 to $25.64 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to rise in pharmaceutical industry, consumer demand for convenience, enhanced product protection, regulatory compliance, tamper resistance features, extended shelf life.
The blister packaging market size is expected to see strong growth in the next few years. It will grow to $34.11 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to growing aging population, shift toward sustainable packaging, e-commerce expansion, customized packaging solutions, prevention of medication errors, globalization of supply chains. Major trends in the forecast period include smart blister packaging, cost-effective packaging solutions, integration of anti-counterfeiting features, flexible packaging formats, innovation in materials and printing technologies, increased focus on recyclability and circular economy.
Claim your free report sample now:
Which Major Growth Drivers Will Influence the Blister Packaging Market by 2029?
The rising growth of the pharmaceutical industry is expected to propel the growth of the blister packaging market going forward. The pharmaceutical industry refers to the industry that discovers, develops, manufactures, and distributes medical drugs for patients’ treatment. Pharma businesses increasingly rely on their packaging to safeguard and advertise various drugs and medical devices. A blister packaging design is used by pharmaceutical companies for the packaging of medicines.For instance, in May 2024, according to the reports published by the Department of Health & Social Care, a UK-based organization, the UK life sciences industry, which includes pharmaceuticals, generated £108.1 billion in turnover for the year 2021/22, marking a 13% increase from £95.9 billion in 2020/21. Therefore, the rising growth of the pharmaceutical industry is driving the growth of the blister packaging market.
How Is the Blister Packaging Market Segmented?
The blister packaging market covered in this report is segmented –
1) By Product Type: Clamshell, Carded
2) By Technology Type: Cold Forming Technology, Thermoforming Technology
3) By Material Type: Plastic, Aluminum, Paper And Paperboard, Other Materials
4) By End-User: Food, Pharmaceuticals, Veterinary And Nutraceuticals, Medical Devices, Electronics And Electricals, Industrial Goods, Other End Users
Subsegments:
1) By Clamshell: Standard Clamshells, Custom Clamshells,
2) By Carded: Standard Carded Blisters, Custom Carded Blisters.
Which Trends Are Expected to Redefine the Blister Packaging Market Landscape?
Technological advancements are the key trends gaining popularity in the blister packaging market. Major companies operating in the market are focused on innovative and advanced packaging designs to gain a competitive advantage. For instance, in April 2022, Huhtamaki, a Finland-based consumer packaging company operating in the blister packaging market, introduced the first-to-market sustainable innovative packaging product Push Tab Blister Lid for the global pharmaceutical and healthcare industry. The Push Tab blister lid is comprised of a mono-material Polyethylene terephthalate (PET), which considerably enhances the package's ability to be recycled while still being compatible with high-performance blister packaging machines already in use. It offers the industry a more environmentally friendly option than conventional push-through blister packaging while still meeting the exacting safety standards of highly regulated pharmaceutical and healthcare packaging.
Which Organizations Are Key Contributors to the Blister Packaging Market?
Major companies operating in the blister packaging market are Amcor Limited, Bemis Company Inc., Constantia Flexibles GmbH, Display Pack Inc., E.I.Du Pont De Nemours and Company, Klockner Pentaplast India Pvt. Ltd., Sonoco Products Company, Tekni-Plex Inc., Westrock Company, Honeywell International Inc., Blisterpak Inc., VisiPak Private Limited, Algus Packaging Inc., Powerpak Industries LLC, Clearwater Packaging Inc., Blisters Inc., Pharma Packaging Solutions Ltd., Winpak Ltd., Uflex Ltd., ACG Pharmapack Pvt. Ltd., Renolit SE, Carcano Antonio SpA, Caprihans India Limited, Romaco Ltd., iPharmachine Corp., Ridat Ltd., Jornen Machinery Co. Ltd., Intimac World Ltd., Uhlmann Pac-Systeme GmbH & Co. KG, Visual Packaging Ltd., Alma Limited, Starview Packaging Machinery Inc., Zed Industries Inc., Ecobliss Holding BV, Rohrer Corporation, Prent Corporation, Dordan Manufacturing Company
Get the full blister packaging market report here:
What Are the Regional Market Share Projections for the Blister Packaging Market?
Asia-Pacific was the largest region in the blister packaging market in 2024. The regions covered in the blister packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Contact Us:
The Business Research Company
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: info@tbrc.info
Follow Us On:
LinkedIn: The Business Research Company | LinkedIn
Comments
Post a Comment