Blister Packaging Market Industry Statistics and Growth Trends Analysis Forecast 2016 - 2030

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Blister Packaging Market is expected to reach USD 41.1 billion by the year 2030 from $ 24.1 billion in the year 2020. It is expected to grow at a CAGR of 7.2 % during the forecasted period.

The most durable packaging in the pharmaceutical sector is blister packing, which serves to shield different pharmaceutical items from elements like air, humidity, and moisture because contact with these might cause contamination. The best packaging for protecting medications, enhancing dosage compliance, and quickly adapting to the product design is blister packaging. The market is anticipated to exhibit a positive growth trend over the assessment period as a result of the aforementioned factors.

The term "blister packing" describes a pre-formed plastic container with a cavity created by thermoforming plastic and a paper or aluminium foil back. Customers can see a significant portion of the content thanks to this style of packaging, which also shields it from contaminants, heat, UV light, and humidity. As a result, it does away with the need for cartons and lowers the cost of packaging. Additionally, it is often used to package toys, consumer products, food, and medications since it makes for easier product handling and transportation

Products can be shielded by this kind of packaging from contamination, humidity, and UV radiation. Additionally, it provides barrier protection and temper resistance to ensure the products have a longer shelf life.

 

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Blister Packaging Market: Segmentation Analysis

Top Key Players:-

  • WestRock Company
  • Sonoco Products Company
  • Constantia Flexibles
  • Klockner Pentaplast Group
  • I. du Pont de Nemours and Company
  • Honeywell International Inc.
  • Tekni-Plex
  • Win pak Ltd
  • Display Pack
  • Penner Corporation
  • Schott AG
  • Gerresheimer AG
  • Nipro Corporation
  • ACG Group
  • Perlen Packaging AG
  • Klöckner Pentaplast Group
  • James Alexander Co. Ltd company
  • Uflex Ltd
  • Steripack
  • Mister Blister Limited
  • Formpaks International Co. Ltd
  • Constantia Flexibles GmbH
  • Huhtamaki Oyj
  • Graphic Packaging Holding Company

Blister packaging market based on Product type:

  • Clamshell
  • Carded

 In the current times, the Carded category of blister packaging is the most popular type. This type is largely utilized in packaging needs for food products, consumer goods, medicines and so on. Additionally, the cost-effectiveness of such type of packaging makes it an attractive option. Moreover, the Carded type can be made into various shapes, thus making it attractive for packaging needs.

Blister Packaging market by Technology:

The market for blister packaging based on technology is further classified into two:

  • Cold Forming
  • Thermoforming

The thermoforming packaging technology is the current market leader. Increased demand in the need for packaging in food products has ensured that the thermoforming type has risen in value. Further, low cost involved in equipment and tools also makes it the major market share holder.

 Blister Packaging Market based on Materials

The segmentation based on Materials is further classified into:

  • Plastic films
  • Aluminium
  • Paper Paper board

Plastic films is considered to be the section that will witness fastest growth amongst all.

Blister Packaging Market: End-user Segment Analysis

The market for blister packaging is growing and the most important end-user segment is pharmaceuticals and healthcare. With the effects of the pandemic, the need for safe and cost-effective packaging solutions is a necessity for the pharma sector. This has risen the demand for blister packaging which keeps away moisture and UV rays from affecting the pharma products.

Other sectors such as Consumer Goods and the Food industry too form a part of the end-user segmentation for blister packaging market.

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Frequently Asked Questions (FAQ):

  1. What are the upcoming hot bets for the blister packaging market?
  2. What are the market dynamics for the different materials of blister packaging?
  3. What are the market dynamics for the different end-use industry of blister packaging?
  4. Who are the major manufacturers of blister packaging market?
  5. What are the major factors which will impact market growth during the forecast period?
  6. What are the effects of COVID-19 on blister packaging market?

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