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Emerging Trends and Innovations for the Blister Packaging Market | projected to reach USD 46.6 Billion by 2030
According to a research report "Blister Packaging Market”, by Material (Paper & Paperboard {Solid Bleached Sulfate (SBS), White-lined chipboard, Others}, Plastic Films {Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Polyethylene (PE), Others}, Aluminum), Technology (Thermoforming, Cold Forming), Type (Carded, Clamshell), End-use (Healthcare, Consumer Goods, Industrial Goods, Food), & Region - Global Forecast to 2030.
Blister Packaging Market was valued USD 28 Billion in 2023 and projected to reach USD 46.6 Billion by 2030, growing at a CAGR of 7.5% during the forecast period of 2023-2030.
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Browse in-depth TOC on Blister Packaging Market
- 324 - Tables
- 56 - Figures
- 370 - Pages
Market Overview: Blister Packaging is a type of packaging where a product is enclosed between a pre-formed plastic cavity and a backing, typically sealed with a lidding material. It is commonly used for retail display, offering visibility and protection for various consumer goods, pharmaceuticals, and electronics. The blister packaging market is experiencing dynamic growth driven by several factors. With the increasing emphasis on product safety, convenience, and brand visibility, blister packaging has emerged as a popular choice across diverse industries such as pharmaceuticals, consumer goods, and electronics. The market is witnessing a rising demand for customizable and secure packaging solutions that not only protect the product but also serve as a branding tool. Additionally, the growing awareness of environmental sustainability has prompted a shift towards eco-friendly blister packaging materials, further influencing market dynamics. Advancements in material technology and smart packaging features are also contributing to the market's evolution. As e-commerce continues to expand, the demand for blister packaging that ensures product integrity during shipping remains high. Overall, the blister packaging market is characterized by innovation, customization, and a concerted effort towards sustainable and efficient packaging solutions to meet the diverse needs of modern industries.
Market Dynamics
Drivers:
- Growing demand for unit-dose packaging
- Rising demand for child-resistant packaging
- Growing popularity of blister packaging in consumer goods
Opportunities:
- Development of sustainable blister packaging solutions
- Innovation in blister packaging design
- Personalization of blister packaging
North America dominates the market for Blister Packaging.
North America secured a substantial market share, attributed to the presence of key healthcare end-users like Johnson & Johnson and Pfizer Inc. The region benefits from a concentration of highly advanced healthcare packaging manufacturers, contributing to the increased adoption of blister packaging. Notably, Huhtamaki is actively engaged in manufacturing blister packaging tailored for the healthcare sector in North America. Given the healthcare industry's reliance on blister packaging for safeguarding product integrity, the sector remains a major contributor to the market. Additionally, rising consumer awareness regarding the significance of safe and hygienic packaging for health is expected to drive further demand for blister packaging in the region.
The Asia Pacific region is emerging as the fastest-growing market for Blister Packaging Market due Asia Pacific is driven by increased needs in the personal care, electronics, and healthcare sectors, encompassing products like mobile charging cords, testers, generic drugs, and liquid cosmetics. The region is experiencing heightened pressure on pharmaceutical companies to meet the demands of population health management and address emerging diseases. Notably, key players such as UFlex Limited, Constantia Flexibles, and Amcor plc are contributing significantly to the growth of the blister packaging market in Asia Pacific. With China leading the way in 2022, boasting one of the largest pharmaceutical and consumer goods industries, the market benefits from the country's growing population and rising disposable income, resulting in increased demands for pharmaceuticals and consumer goods.
Top Key Players covered in the market report:
- Amcor plc
- Constantia Flexibles
- UFlex Limited
- Sonoco Products Company
- WINPAK LTD.
- WestRock Company
- SteriPackGroup
- Honeywell International Inc
- Klöckner Pentaplast
- ACG
- SÜDPACK
- Tekni Plex
- Blisterpack Inc.
- Abhinav Enterprises
- YuanPeng Plastic Products Co., Ltd
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Segmentations Analysis of Blister Packaging Market: -
- By Material
- By Technology
- By Type
- By End-use
- By Region
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