The latest report by IMARC Group, titled “Blister Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the blister packaging market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global blister packaging market size reached US$ 25.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 40.5 Billion by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032.
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Blister Packaging Market Trends:
The global blister packaging market is experiencing robust growth driven by the increasing demand for convenient and tamper-evident packaging solutions in the pharmaceutical industry, as blister packaging provides excellent protection for individual doses and enhances patient safety. Along with this, the growing consumer preference for unit-dose packaging, which ensures precise medication administration, is further bolstering market demand. Additionally, the rise in the consumption of over-the-counter (OTC) drugs and dietary supplements is expanding the application scope of blister packaging.
The food industry also contributes to market growth, utilizing blister packaging for its ability to preserve product freshness and extend shelf life. Technological advancements in packaging materials and machinery, coupled with the trend towards eco-friendly and sustainable packaging solutions, are further driving market expansion. Moreover, stringent regulatory requirements for safe and secure packaging in the healthcare sector are positively influencing the adoption of blister packaging globally.
Blister Packaging Market Scope and Growth Analysis:
The scope of the global market encompasses a wide range of applications across pharmaceuticals, food, consumer goods, and industrial products. Market growth analysis reveals a positive trajectory, driven by the increasing adoption of blister packaging in emerging markets due to rising healthcare awareness and expanding pharmaceutical production. Innovations in blister packaging materials, such as the development of biodegradable and recyclable options, are creating new opportunities for market players.
The market is also witnessing significant investment in advanced packaging technologies, such as cold-form and thermoform blister packaging, which offer enhanced product protection and visual appeal. Concurrently, the integration of smart packaging solutions, including QR codes and NFC tags, is enhancing consumer engagement and product traceability, further enhancing market demand. Furthermore, the rising e-commerce sector, which requires durable and secure packaging for logistics, is also contributing to the market's growth.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Amcor Limited
- Bemis Company, Inc.
- The DOW Chemical Company
- Westrock Company
- Sonoco Products Company
- Constantia Flexibles GmbH
- I.Du Pont De Nemours and Company
- Honeywell International Inc.
- Tekni-Plex, Inc.
- Display Pack, Inc.
- Pharma Packaging Solutions
Blister Packaging Market Segmentation:
Our report has categorized the market based on region, product type, technology, raw material, and end-use.
Breakup by Product Type:
- Carded
- Clamshell
Breakup by Raw Material:
- Polyvinyl Chloride (PVC)
- Aclar
- Polyvinylidene Chloride (PVDC)
- Cyclic Olefin Copolymer (COC)
- Polypropylene (PP)
Breakup by Technology
- Thermoforming
- Cold Forming
Breakup by End-Use:
- Healthcare
- Consumer Goods
- Industrial Goods
- Food
Breakup by Region:
- North America (USA, Canada)
- Europe (Germany, France, UK, Italy, Spain, Russia, others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
- Middle East/Africa
- Latin America (Brazil, Mexico, others)
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a leading market research firm that provides management strategy and market research worldwide. We work with clients in every sector and geography to identify their most valuable opportunities, address their most important challenges and transform their businesses.
The IMARC Group's information offerings include key market trends, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high technology sectors. Market forecasts and industry analysis in biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and innovative processing methods are among the company's top areas of expertise.
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