Global Blister Packaging Market Research Report - Forecast to 2027

Blister Packaging Market Information by types (Carded Blister Packaging, Consumer Goods Blister Packaging, Clamshell Blister Packaging), by applications (pharmaceuticals, food & beverages, consumer goods & others), by production methods (Thermoforming & Cold forming), by materials (PVC, PVDC, COC, Cold Form Foil and others) - Forecast to 2027

ID: MRFR/PNT/0675-HCR | February 2021 | Region: Global | 110 pages

Blister Packaging Market Overview


Blister Packaging is projected to be worth USD 38.17 billion by 2027, registering a CAGR of 7.2% during the forecast period (2021 - 2027), The market was valued at USD 21.3 billion in 2020.


Regional Analysis


The blister packaging market revenue is divided into four regions like Asia-Pacific, Europe, America, the Middle East & Africa. Asia-Pacific is expected to register the highest CAGR in the market for its rapid expansion of end-use sectors like healthcare, food, consumer, and industrial goods. The Middle East & Africa dominates this market for their better healthcare services and the sale of OTC drugs maintains a CAGR of 9%. In North America, manufacturers are shifting to blisters from plastic containers to provide better protection and patient care services. Europe, one of the major regions in the manufacturing industry contains consumer goods companies who are leading manufacturers of food items such as Nestle and HUL.


Competitive Landscape


The prominent key players in the global market are the following:



Klockner Pentaplast, one of the leading pharmaceutical packaging manufacturers announced a four-layer structure blister packaging named “kpMax”. It is designed for oxygen and moisture-sensitive pharmaceuticals products.


COVID-19 Analysis


The COVID-19 pandemic shows a negative effect on all the business sectors like automotive, food & beverages, and chemical industries. But blister packaging market has a positive impact during this pandemic. Because blister packaging is a highly used application in the healthcare industry. Nearly, 70% of the blister packaging is accounted to the healthcare packaging system.  During the COVID-19 period, the demand for pharmaceuticals and medical products has increased which leads to increase an in demand for blister packaging.


Due to the rise of COVID patients, the establishment of new hospitals and COVID-19 centers has increased all over the world and hence increases the demand for medical services. The demand for blister packaging in industrial and consumer goods may be expected to increase the growth of this market.


Blister packaging is a pre-formed plastic packaging that comprises a cavity. It is made of a thermoformed plastic and a paper or aluminum foil back. This packaging protects from heat, UV rays, humidity, and contamination. It avoids the need for cartons and reduces packaging costs. These are used in several applications like consumer goods, pharmaceuticals, food & beverages, medicines, packing toys, etc has increased the huge demand for Blister packaging. Pharmaceuticals is the leading application compared to others.


Rising population and emerging economies are also the main factors driving the growth of this market.


Market Dynamics


Drivers


Unit-dose packaging, Short-cycle medication, Monitored dosage system to improve patient adherence are the major factors driving the global blister packaging market. These factors combined will increase this market share from 18% to 25% by 2023 in overall pharmaceutical packaging.


By growing the need for convenient and tamper-free packaging has increased the demand for blister packaging. In addition to that, the blister packaging occupies less retail shelf space, few resources for packing, and hence this packing is available at a low cost. The prevalence of lifestyle diseases, aging population, increasing demand for a generic drug, and stringent regulatory requirements are some more factors driving the blister packaging market.


Restraint


To extend the shelf life of the product, blister packaging is used. But, it is not suitable for packaging heavy items and is ideal for protecting lightweight items. Due to the heavyweight placing on the paper board backing or plastic film, it may result in breakage of packages while handling, storing, and transporting the product results in an increased cost and loss of the product. Due to this reason, heavy packaging may break or damage the product and gets product loss to the manufacturer.


Opportunities


In the upcoming years, blister packaging is going to be having high growth in emerging economies like BRIC (Brazil, Russia, India, and China) and CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa). By growing some factors like favorable demographics, changing consumer’s lifestyle, and adoption of rising preference for on-go products are the opportunities to drive the growth of blister packaging trends.


Challenges


Especially in the healthcare industry, strong regulations imposed on blister packaging may be a challenge to the blister packaging market. A package with a small defect may destroy both the product and the manufacturer’s profit. A blister packaged cell must contain the following things like established name, Iot number, strength, expiration date, bar code, and the manufacturer name should appear over each blister cell. These regulations require efforts, costs, time, and resources that become a challenge to the growth.


Study Objectives



  • To provide detailed information about this market structure along with various forecast segments and sub-segments for the next 10 years.

  • To provide the factors that are affecting the growth of blister packaging market analysis.

  • To analyze this market-based porter’s five force analysis, factors-price analysis, supply chain analysis, etc.

  • To provide history and forecast revenue segments and sub-segments of the blister packaging market share for the five main geographies and their countries.

  • To provide the country-level analysis of the current blister packaging market size and future prospective.

  • To provide country-level analysis of this market growth by region, form, and application.

  • To provide a strategic profile of the key players in the market, analyze their core competencies, and draw a landscape of the global market growth.

  • To track and analyze new product developments, strategic alliances, and global blister packaging market research.


Segment Overview


The global market research has been segmented based on the type, application, production methods, materials, and region.


Based on Type


This segmented into Carded Blister Packaging, Consumer Goods Blister Packaging, and Clamshell Blister Packaging. For its easy handling, excellent damage prevention properties, stack many products, ability to form different shapes, carded blister packaging projects to be the largest and faster-growing segment in the market. It increases the market growth through food packaging and e-commerce industries.


Based on Region


Based on the region, this divided into America, Europe, Asia-Pacific, and the Middle East & Africa. Asia-Pacific is expected to register the highest CAGR in the market for its rapid expansion of end-use sectors like healthcare, food, consumer, and industrial goods.


Based on Application


This market based on application is segmented into pharmaceuticals, food & beverages, consumer goods, and others. Out of these applications, pharmaceuticals dominate this market followed by the consumer goods segment. Applying blister packaging to pharmaceutical products reduces the possibility of product contamination and protects from moisture, light, gas, and temperature.


Based on the Production Method


Based on the production method, this classified into Thermoforming and Cold forming. Among these two, thermoforming holds the largest market share of the overall blister packaging market for its significant use in the end-use sectors like healthcare and food. It requires less initial tools and equipment costs compared to cold forming technology.


Based on Materials


This market is based on materials is divided into PVC, PVDC, COC, Cold Form Foil, and others. During the forecast period, polyvinyl chloride (PVC) is projected to be the largest and faster-growing material for its excellent barrier properties, lightweight, low cost, and inert nature.


Recent Developments



  • In January 2020, one of the leading company Aptar Group Inc. introduced a fully integrated Active-Blister packaging solution. It is a combination of moisture absorption and oxygen scavenging properties. This is added to the Activ-Film product to provide end-users with a highly integrated solution.

  • In January 2020, Amcor with Moda and launches multiple innovative packaging solutions in flexible packaging to provide new resources.

  • In 2019, Huhtamaki Oyj has introduced a recyclable Push Tab blister solution with the highest barrier properties which is used in the pharmaceutical industry.

  • In May 2018, Tekni-Plex launched SBC 240 super barrier coated thermoformable film. It is ideal for highly sensitive pharmaceuticals, probiotics, nutraceuticals, and other related products.


Report Overview


This global blister packaging market research includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent Developments, Segmentation Table and FAQs. The market dynamics include in this market drivers, restraints, opportunities, and challenges. This market is segmented into type, application, production method, materials, and region.


Segmentation Table


The blister packaging market research outlook is segmented into type, application, production methods, materials, and region.


By Type
Three types as Carded Blister Packaging, Clamshell Blister Packaging, and Consumer Goods Blister Packaging


By Region
Five regions as North America and Latin America, Europe, Asia-Pacific, and the Middle East & Africa


By Application
Pharmaceuticals, food & beverages, consumer goods, and others


By Production Methods
Thermoforming and Cold forming


By Materials
PVC, PVDC, COC, Cold Form Foil, and others.



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: USD 38.17 billion
  CAGR   7.2% (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application, Production Method, Materials
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Valley Industries, Bemis, Berry Plastics, Dupont, Albea, Mitsubishi Chemical Holdings, Steripack, DOW Chemical, Amcor Limited, Constantia Flexibles and others
  Key Market Opportunities

  • favorable demographics
  • changing consumer’s lifestyle
  • adoption of rising preference for on-go products
  •   Key Market Drivers

  • Growing need for convenient and tamper-free packaging
  • Unit-dose packaging
  • Short-cycle medication
  • Monitored dosage system to improve patient adherence


  • Frequently Asked Questions (FAQ) :


    Pharmaceuticalis the largest application segment in the global blister packaging market.

    Huge demand in several applications, growing pharmaceuticals& food industries, rising population,and economic growth, are major tailwinds pushing the growth of the global blister packaging market.

    Stringent regulations pertaining to import and export process are major growth impeders for the global blister packaging market.

    Europe holds the largest share in the global blister packaging market, followed by North Americaandthe Asia Pacific, respectively.

    Valley Industries, Constantia Flexibles, Bemis, Amcor Limited, Berry Plastics, DOW Chemical, Dupont, SteriPack, Albea, and Mitsubishi Chemical Holdings, are some of the top players operating in the global blister packaging market.

    Europe holds the largest share followed by North America and Asia -Pacific respectively.