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Blister Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Blister Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • February 2021
  • 107 pages
  • ID: 6024245
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global blister packaging market reached a value of US$ 21.3 Billion in 2020. 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. Looking forward, the analyst expects the global blister packaging market to exhibit moderate growth during 2021-2026.

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

North America enjoys the leading position in the industry, on account of the growing shift from plastic bottles to blister packaging in the healthcare sector coupled with the rising demand for packaged food products in the region.

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:
How has the global blister packaging market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global blister packaging market?
What are the key regions in the global blister packaging market?
Which are the popular product types in the global blister packaging market?
What is the breakup of the global blister packaging market based on the raw material?
What is the breakup of the global blister packaging market based on the technology?
What is the breakup of the global blister packaging market based on the end use?
What are the various stages in the value chain of the global blister packaging market?
What are the key driving factors and challenges in the global blister packaging market?
What is the structure of the global blister packaging market and who are the key players?
What is the degree of competition in the global blister packaging market?

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