Blister Packaging Market Share, Opportunities, Industry 2031

Report Description

The global blister packaging market size is anticipated to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to rising requirement for the level of product safety from manufacturers, consumers, and regulatory organizations.

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Blister pack is a plastic packaging type where it is mostly used in the healthcare industry for drugs and medical devices, small items such as consumer goods, industrial goods, and food products. This type of packaging is widely used for protecting products from humid conditions, UV rays, and contamination. The advantages of blister packaging include freshness, visibility, security, easy recyclability, and customization, while the disadvantage of blister packaging is that it costs more than other packaging methods.

The COVID-19 pandemic negatively impacted the blister packaging industry. The positive trend in the market emerged due to increasing demand for pharmaceutical and  food products.

Market Trends, Drivers, Restraints and Opportunities

• Rising unit dose packaging is projected to drive the market growth during the forecast period.
• Growing requirement for convenient and tamper free packaging is projected to drive the market growth during the forecast period.
• Increasing consumption of high visibility products is expected to boost the market growth in the coming years.
• The short cycle medication is projected to drive the market growth during the forecast period.
• Growing diseases and stringent government regulations against counterfeit drugs is expected to boost the market growth in the coming years.
• Increasing rapid urbanization & industrialization is expected to boost the market growth in the coming years.
• Growing middle-class and geriatric population is projected to drive the market growth during the forecast period.
• High cost of aluminum films and not suitable for packaging heavy items are major factor restraining the market growth in the coming years.
•  Lack of awareness about this technology is estimated to restrict the market growth in the coming years.
• Recent research studies have made blister packaging highly discrete and visible to appeal customers and adhere to daily dosing guidelines, and such factors can offer high growth potential can create lucrative opportunities during the forecast period.

Scope of the Report

The report on the global blister packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Blister Packaging Market Segment Insights

Coldforming segment to hold a significant market share

Based on process, the market is divided into thermoforming and coldforming. The thermoforming segment is anticipated to hold a key share of the market in the coming years, as it requires low initial tools and equipment costs. However, the coldforming segment is anticipated to expand at a rapid pace during the forecast period owing to use of aluminum offers a nearly complete barrier for moisture, light and oxygen, allowing an extended product expiration date.

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Aluminum segment is expected to grow at a rapid pace

On the basis of materials, the market is divided into plastic films, paper and paperboards, aluminum, and others. The plastic films segment is expected to represent a major share of the market in the coming years due to its excellent visibility to the product and secure & attractive packaging. On the other hand, the aluminum segment is anticipated to expand at a rapid pace during the forecast period owing to its suitability for medicines that are ultraviolet light sensitive, with strong hygroscopicity, or requires heat and cold resistance.

Pharmaceuticals segment is anticipated to hold a large market share

Based on end-users, the market is bifurcated into consumer goods, pharmaceuticals, industrials, and others. The consumer goods segment is anticipated to hold a key share of the market in the coming years, as it offers clean area for instructions & mandatory information and wider range of colors and designs for enhanced retail value. However, the pharmaceuticals segment is anticipated to expand at a rapid pace during the forecast period owing to good quality sealing and easy to test for leaks, cost effective, and easier to produce in high volume.

North America is estimated to account a major market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period due to increase in income and purchasing power of people. However, the market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to rising demand for using over the counter process.

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