The global Blister Packaging market reached a value of about USD 15.71 billion in 2021. The industry is projected to grow at a CAGR of around 4.75% in the forecast period of 2022-2027 to reach a value of about USD 20.76 billion by 2027.
The global Blister Packaging industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The market is being driven by the growing demand for cost-effective and tamper-evident design for protective packaging in end-user sectors, including healthcare, food, consumer products, and industrial goods. In the industry report, the key demand indicator is the highest category spender by region—Europe, the Middle East and Africa.
Blister packs are pre-formed plastic cards containing pharmaceutical pills or capsules that are separately wrapped in a clear plastic casing sealed to the card. This generally has a paperboard backing, aluminium foil, or plastic lidding closure, and a clamshell blister flips over on itself. The packs are excellent for safeguarding materials from environmental influences such as humidity and contamination for long periods. Light-sensitive items are also protected from UV radiation by opaque blisters. The Blister Packaging industry report comprises segments by component (Films, Lidding materials, Semiconductor Container, Packaging Accessories), by type (Compartment Packs, Slide Packs, Wallet Packs), and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
Europe, the Middle East and Africa are the regions holding the largest share in the market due to the improvements in the healthcare system encouraging the rise of blister packs. Due to increased healthcare improvements and the sale of OTC pharmaceuticals, the blister packaging market is propelling.
The market is being driven by the growing demand for packaging that is distinct and difficult to imitate. Packaging is a viable alternative as the need for product safety from businesses, consumers, and regulatory bodies is rising. Product integrity and longer shelf life are critical in the pharmaceutical industry, given that most consumers store their medications in a temperature-variable environment that might damage unprotected pharmaceuticals. Adherence is better when drugs are packaged in blisters because customers can track their pills and doses. Blisters' unit dose feature decreases the chance of incorrect dosing, further driving the demand. Other factors driving the market include the increased prevalence of lifestyle illnesses, the ageing population, rigorous regulatory requirements, and the rising need for generic medications. Furthermore, increasing demand for unit-dose packaging, OTC medicine sales, and monitored dosage systems for improved patient compliance propel the market forward.
However, the inability of the packaging to carry heavy-weight products is hampering the industry growth.
The global Blister Packaging industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Blister Packaging regions, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
In thermoforming, a plastic film or sheet is unwound off the reel and directed along the blister line through a pre-heating station. The plastic will soften and become malleable as the temperature of the pre-heating plates (upper and lower plates) rises. The heated plastic will then be sent to a forming station, where it will be formed into a harmful mould under high pressure (4 to 8 bar). When the mould is withdrawn from the oven, the plastic becomes stiff again and keeps its shape.
An aluminium-based laminate sheet is pushed into a mould using a stamp in the case of cold forming, and the metal will be extended while still maintaining its shape. These blisters are known as cold form foil (CFF) blisters in the industry. Aluminium in cold form foil blisters provides a nearly complete barrier for water and oxygen, allowing for a more extended product expiration date. The following are the main drawbacks of cold form foil blisters: slower manufacturing speed than the thermoforming, loss of package transparency (a therapeutic compliance issue), and bigger blister card size (aluminium cannot be formed with tight 90-degree angles).
The packaging is also employed in various consumer items, industrial goods, and food-related applications. In addition, blister packaging is utilised with a smaller number of resources for packing, holds up less retail shelf space, and has a tremendous hang-hook display. because of this, blister packs are less pricey than conventional packaging styles such as hard bottles, making them cost-effective. The adoption of novel technologies in blisters, such as radio frequency identification tags (RFID) deployed with a seal placed outside the packaging, is furthering the market's expansion. Furthermore, the growing need for compliance with safety regulations and increased demand for convenient and easy-to-use packaging products are leading to partnerships between market vendors and technology companies to broaden their product differentiation advantages.
The regional markets for the industry can be divided into Europe, North America, South America, the Middle East and Africa, and the Asia Pacific.
Blister packaging is a fragmented market. To strengthen their market status, these corporations have applied a variety of growth tactics. These companies use expansion, new product development, mergers and acquisitions, and cooperation as essential growth strategies to improve their product portfolio and geographical presence to fulfil the rising demand for blister packaging from emerging nations.
1. Executive Summary
2. Global Blister Packaging Market Snapshot
2.1. Blister Packaging Market Outlook
2.2. Blister Packaging Industry Analysis by Component
2.2.2. Lidding Material
2.2.3. Semiconductor Container
2.2.4. Packaging Accessories
2.3. Blister Packaging Industry Analysis by Type
2.3.1. Compartment Packs
2.3.2. Slide Packs
2.3.3. Wallet Packs
2.4. Regional Overview
2.4.1. North America
2.4.5. Latin America
3. Impact of Recent Events
4. Blister Packaging Value Chain Analysis
5. Blister Packaging Production Process
6. Trade Analysis
7. Major Risk Factors in Sourcing
8. Blister Packaging Cost Structure
9. Blister Packaging Price Analysis
10. Key Demand Indicator Analysis
11. Key Price Indicator Analysis
12. Blister Packaging Market Dynamics
12.1. Drivers & Constraints
12.2. Industry Events
12.3. Innovations & Trends
12.4. SWOT Analysis
12.5. Porter’s Five Forces
12.5.1. Buyer Power
12.5.2. Supplier Power
12.5.3. Threat of New entrants
12.5.4. Threat of Substitutes
12.5.5. Industry Rivalry
13. Feedstock Market Analysis
13.1. Market Overview
13.2. Price Analysis
14. Industry Best Practices
14.1. Sourcing Strategy
14.2. Procurement Model
14.3. Contract Structure
14.4. Negotiation Levers
14.5. Pricing Model
14.6. Key Factors Influencing the Quotation
15. Key Supplier Analysis
15.1. Amcor plc
15.2. Placon Corporation
15.3. Prent Corporation
15.4. Klöckner Pentaplast Group
15.5. Constantia Flexibles Corporation
The global Blister Packaging market size was valued at USD 15.71 billion in 2021.
As per the component provided, the Films segment is anticipated to lead the market between the period 2022 – 2027.
The significant demand for cost-effective and challenging copy packaging is one of the essential drivers of the Blister Packaging market growth.
Mitsubishi Chemical Corporation, Constantia Flexibles International GmbH, UFlex Limited, Amcor plc, Winpak Ltd., CCL Industries Corporation, and UACJ Foil Corporation are the major companies in the market.
Europe, the Middle East and Africa region of the Blister Packaging industry holds a significant share in the market.
The global Blister Packaging market reached USD 15.71 billion in 2021, driven by the rising demand for safe and challenging to imitate packaging. The product is employed extensively in the pharmaceutical industry to package medicines. Furthermore, it is also used to pack various consumer items, industrial goods, and food-related applications furthering the market's expansion. Aided by the growing product innovations like the introduction of RFID, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 4.75%. The market is projected to reach USD 20.76 billion by 2027. Some of the leading players in the industry are Mitsubishi Chemical Corporation, Constantia Flexibles International GmbH, UFlex Limited, Amcor plc, Winpak Ltd., CCL Industries Corporation, UACJ Foil Corporation.
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