Blister Packaging Equipment Market Analysis

End-user Segment Analysis

The global blister packaging equipment market is segmented and analyzed for demand and supply by end-user into food & beverage, healthcare, cosmetics, pharmaceuticals, and others. Out of these segments, the food & beverage segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the increasing prevalence of packaged and ready-to-eat meal. For instance, the volume growth of the ready-to-eat meals is forecasted to hit approximately 85,000 mkg by 2027. Now a day, packaged food is highly in demand owing to the growing economically active population. Additionally, escalating penetration of internet and smartphones also boosting the demand online food delivery where food packaging becomes vital to deliver the best quality food to the consumers. By 2026, there will be nearly 2,500 million users of online food delivery while currently approximately 72% of the global population prefer online food delivery system.

Material Segment Analysis

The global blister packaging equipment market is also segmented and analyzed for demand and supply by material into plastic, aluminum, and paper & paperboard. Amongst these three segments, the plastic segment is expected to garner a significant share. Blister packaging comprises PVC (polyvinyl chloride) plastic packaging. It is the most common packaging blister packaging material. Generally, PVC sheets with thickness of nearly 0.3mm are utilized to make blister packs. PVC sheets are used in blister packaging to make it robust, appealing, and durable which also makes blister packs hard to bend. For instance, the consumption volume of PVC (polyvinyl chloride) was stated to reach approximately 55,000 thousand tons across the globe. Hence, such factors are anticipated to propel the market growth over the forecast period.

Our in-depth analysis of the global market includes the following segments: