The global blister packaging market size surpassed USD 26.71 billion in 2022 and it is expected to touch around USD 41.2 billion by 2030, expanding at a CAGR of 5.57% from 2022 to 2030.
Blister packing is a pre-formed plastic container that shields the product from damp and moisture. A backing of aluminum foil, plastic, or paperboard is attached to thermoformed plastic blister packing. A broad variety of tiny consumer items may be packaged in blister packaging, which provides easy product handling.
The convenience products sector is expanding along with rising consumer demand for beautiful and practical packaging solutions, which is fueling the expansion of the blister packaging industry. The demand for blister packaging will rise as consumers become more aware of the advantages of blister packaging over competing options and manufacturers place a greater emphasis on developing creative packaging solutions.
The need for blister packaging in the pharmaceutical business has increased as a result of the rising requirement for practical and tamper-proof packaging. Additionally, factors such as increasing OTC medicine sales, increased demand for unit dose packaging, and monitored dosage systems for enhancing patient compliance are fueling market expansion.
Additionally, manufacturers may now include radio-frequency identification (RFID) tags in blister packets to streamline supply-chain management thanks to technology improvements in the food and pharmaceutical industries.
The production processes are also changing due to items like child-resistant packaging with push-through, peelable, pressure-sensitive, and anti-lock mechanisms. Other market-driving drivers include the increased incidence of lifestyle illnesses, the aging of the population, strict regulatory requirements, and rising demand for generic medications.
The blister packaging industry is anticipated to have strong growth because to the recent COVID-19 epidemic and the high need for packaging options for pharmaceutical items. The market for blister packaging will be driven by the exponential increase in demand for multivitamin pills as well as the growing demand for other medical items, such as syringes, medical blister trays, etc.
Additionally, there have been many new COVID-19 hospitals built across the world, and the number of new COVID-19 patients in certain European and Asian economies has increased exponentially.
Blister Packaging Market Report Scope
| Report Coverage | Details |
| Market Size in 2022 | USD 26.71 Billion |
| Market Size by 2030 | USD 41.2 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 5.57% |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2022 To 2030 |
| Segments Covered | By Product, By Technology, By Material and By Application |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Report Highlights
Regional Snapshots
Due to the region's rising packaged-goods consumption, North America is anticipated to account for the highest regional share in the worldwide blister packaging market during the projected period. Additionally, rigorous laws and regulations governing waste management and heightened consumer awareness of environmentally friendly products are driving up demand for blister packaging in this region.
Because of blister packaging's high adhesion and safety to address the changing needs of the elderly population, it is responsible for the blister packaging market growth in North America. The market is being driven ahead by the growing tendency in the pharmaceutical business to employ thermoformed blisters to draw customers in by giving transparency and barrier qualities.
Due to the region's growing economies, including India and China, which are rapidly urbanizing and increasing their industrialization, the Asia Pacific is expected to have the highest CAGR in the worldwide blister packaging market over the forecast period. In addition, the rising living standards of consumers and the rising purchasing power of the middle class are promoting blister packaging market expansion in this area.
Market Dynamics
Drivers
The need for blister packaging in the pharmaceutical business has increased as a result of the rising requirement for practical and tamper-proof packaging. Additionally, factors such as increasing OTC medicine sales, increased demand for unit dose packaging, and monitored dosage systems for enhancing patient compliance are fueling market expansion.
Additionally, manufacturers may now include radio-frequency identification (RFID) tags in blister packets to streamline supply-chain management thanks to technology improvements in the food and pharmaceutical industries.
The production processes are also changing due to items like child-resistant packaging with push-through, peelable, pressure-sensitive, and anti-lock mechanisms. Other market-driving drivers include the increased incidence of lifestyle illnesses, the aging of the population, strict regulatory requirements, and rising demand for generic medications.
Restraints
Blister packaging is designed to increase the product's shelf life; nevertheless, it is not the best option for safeguarding heavier objects and is typically used to package lightweight things. Heavy items will place too much stress on the plastic film or paperboard that supports them during packing. When handling, storing, and shipping the goods, this may lead to package breaking, which will raise the cost and cause the product to be lost.
Blister packing is thus not utilized for such items. For pricey and delicate items, this sort of packing is also not recommended since improper blister wrapping might cause the product to crack or be damaged, costing the maker money.
Opportunities
Healthcare is where blister packing is most frequently utilized. The healthcare packaging market accounts for over 71% of the demand for blister packaging. Due to the rise in demand for pharmaceutical and medical items during this pandemic, there is a greater need for blister packaging. International regulatory bodies like the FDA have authorized certain medications for use as a temporary treatment for COVID-19.
The need for medical equipment has expanded as more hospitals and COVID-19 centers have been up throughout the globe. The rise in demand for blister packing has been linked to several causes. Food products, consumer products, and industrial goods all employ blister packing. In contrast to a strong growth in food items, the demand for this packaging in industrial and consumer goods has decreased.
Challenges
The blister packaging market may be challenged by strict rules put on it, particularly in the healthcare sector. Regulation adherence is essential since even the tiniest packing flaw might render a product useless. Additionally, it will hurt the manufacturer's bottom line.
The proprietary and established name, strength, expiration date, bar code, and manufacturer name must be displayed above each blister cell, in accordance with the FDA. The expansion of the blister packaging industry is hampered by the time, money, resources, and effort required to comply with such laws.
Recent Developments
Major Key Players
Market Segmentation
By Product
By Technology
By Material
By Application
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