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The global blister packaging market was pegged at around 2,350 kilo tons in 2018, in terms of volume, according to Blister Packaging Market Report, by Product Type (Clamshells, Trapped Blisters, Face Seal Blisters, and Blister Cards), by Technology (Thermoforming and Cold Forming), by Material Type (Plastic, Paper & Paperboard, and Aluminum), by Application (Consumer Goods, Pharmaceuticals, Electronics & Semiconductors, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa), published by Coherent Market Insights.

The global blister packaging market is expected to reach over 3,400 kilo tons by 2027, in terms of volume, exhibiting a CAGR of 4.2% over the forecast period.

Blister packs are different kinds of plastic-based pre-formed packaging products that is widely used for pharmaceuticals, small sized consumer goods, and foods products. The primary component of the blister packaging products is void or cavity formed by plastic, usually thermoformed plastic. This is usually covered with lidding seal of aluminum or plastic as well as paperboard. Blister packaging offers various advantages such as protection of the packaged product from various surrounding factors such as humidity and unwanted contamination of the product for extended period of time.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/blister-packaging-market-694

*Browse 45 market data tables and 30 figures* on "Blister Packaging Market” – Global forecast to 2027.

Key Trends and Analysis of the Blister Packaging Market:

  • The global blister packaging market has witnessed a substantial growth in the recent past, owing to rising growth of pharmaceutical and healthcare industry across the globe. This in turn, has resulted in rising demand for convenient and damage-free packaging solutions. Blister packaging is widely preferred in pharmaceutical industry, as it prevents exposure of the medicines and different small sized medical devices such as medical trays, catheters and drills from moisture, oxygen, and odor. Moreover, it also increases their lifespan. This scenario is expected to drive the growth of global blister packaging market.

Key Takeaways of the Market

Among regions, according to Coherent Market Insights, Asia Pacific is expected to witness significant growth and eventually surpass 1,800 kilo tons, in terms of volume, by the end of 2027. The rapid growth of pharmaceutical industry observed in the region is expected to drive demand for packaging solutions for medicines. For instance, according to the Indian Brand Equity Foundation’s (IBEF) report, in 2017, the pharmaceutical industry in India was valued at US$ 33 billion. Moreover according to the same source, in 2019, the pharmaceutical exports from India reached US$ 19.14 billion, from US$ 17.27 billion in 2018. This scenario is expected to drive growth of the global blister packaging market during the forecast period.

Key players

  • Major players operating in the global blister packaging market include Amcor PLC, Blisters Inc., Honeywell International Inc., Blisterpak Inc., VisiPak, Sonoco Products Company, Powerpak Industries L.L.C., Clearwater Packaging Inc., Constantia Flexibles GmbH, Westrock Company, and Algus Packaging Inc.
  • Companies engaged in manufacturing of blister packaging are adopting different strategies such as mergers and acquisitions, in order to expand their product portfolio and their market presence globally. For instance, in January 2018, Perlen Packaging, a Switzerland-based company, which produces film & coatings for pharmaceutical industry acquired Sekoya Indústria e Comércio, a Brazil-based manufacturer of barrier films and PVdC-coated blister films. The acquisition was done with an aim of increasing company’s market presence in Latin America region and enhance supply chain flexibility in the region.
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