Blister Packaging Market was valued at USD 23.51 Bn in 2022, and it is expected to reach USD 42.49 Billion by 2029, exhibiting a CAGR of 8.82 % during the forecast period (2023-2029)
Blister Packaging Market Overview:
The primary goal of this research is to assist the user in understanding the Blister Packaging market in terms of definition, segmentation, market potential, significant trends, and the problems that the Blister Packaging industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Market Dynamic:
Pharmaceutical products are increasingly being demanded by consumers in unit-dose blister packaging rather than traditional bottles. In the healthcare sector, blister packs are used to package medications and medical supplies. They are used in a wide range of various fields, including food, manufacturing, and consumer goods. Additionally, blister packaging offers a great hang-hook presentation, uses less packing materials, and takes up less shelf space. Blister packs are more cost-effective since they are less expensive than other types of packaging, such hard bottles. These elements are therefore fueling the expansion of the blister packaging market.
Segmentation:
In 2022, aluminium foil made up roughly 15% of the total volume, by Material Type. For the packaging of medicinal products, aluminium foil is frequently used. Because of its superior moisture protection qualities and high rate of recycling, aluminium foil is in high demand in the blister packaging industry. In addition, the expansion of novel packaging choices made of aluminium and the ease with which they may be used will increase demand for aluminium foil during the projection period. For instance, Uflex received a US patent grant in September 2020 for their Alu-Alu blister packs, which provide clients a number of advantages like easy wearability and child-resistant packaging.
Global Blister Packaging Market Size, by Type (2022-2029)
• Carded
• Clamshell
Global Blister Packaging Market Size, by Material Type (2022-2029)
• Plastic
• Paper
• Aluminum
Global Blister Packaging Market Size, by End-user (2022-2029)
• Food
• Consumer Goods
• Pharmaceutical
• Others
Global Blister Packaging Market Size, by Packaging Machine (2022-2029)
• Roller Type
• Roller-Plate Type
• Plate Type
Global Blister Packaging Market Size, by Technology (2022-2029)
• Thermoforming
• Cold Forming
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Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Blister Packaging market are
1. Bemis Company, Inc. (US)
2. Nosco Inc. (US)
3. The Dow Chemical Company (US)
4. WestRock Company (US)
5. Sonoco Products Company (US)
6. Rohrer Corporation (US)
7. CONSTANTIA (Austria)
8. Klöckner Pentaplast (Luxembourg)
9. DuPont (US)
10.Honeywell International Inc. (US)
11.Tekni-Plex. (US)
12.DISPLAY PACK (US)
13.Winpak Ltd (Canada)
14.Perlen Packaging (Switzerland)
15.SteriPack Group (Ireland)
16.Amcor Limited (Australia)
17.CPH GROUP (Australia)
18.ACG (India)
19.UFlex Limited (India)
20.Shanghai Haishun (China)
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Regional Analysis:
The report focuses on Global Regions and Market Size of Blister Packaging , and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Blister Packaging Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Blister Packaging industry in 2021.
See also Immunocytokines Market: Revolutionizing Industries with Disruptive Growth Strategies
Key Questions answered in the Blister Packaging Market Report are:
- What is the function of Blister Packaging ?
- What is the predicted revenue generation of the Blister Packaging market?
- At what growth rate is the Blister Packaging market evolving?
- Who are the major market giants operating in the Blister Packaging market?
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