Blister Packaging Equipment Market Share

APAC Market Statistics

Asia Pacific industry is expected to account for largest revenue share of 34% by 2037. The market in this region is projected to grow mainly on the back of boom in the regional population that is propelling the demand for packaged food. For instance, in Asia Pacific, the total volume of packaged food production was estimated to reach around 1,000,000 by 2027. Furthermore, growing government initiatives in the region to develop healthcare infrastructure has also spurred the production of medicines.

North American Market Forecast

The North American blister packaging equipment market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the rising demand for packaged and ready-to-eat meals and the rising adoption of blister packaging in plastic bottles. For instance, it was observed that around 35% of Americans consumed ready-to-eat meals in 2020. Hence, such factors are estimated to hike the growth of the market in the region over the forecast period. Furthermore, growing prevalence of chronic diseases in the region has boosted the higher consumption of medicines in the region. Therefore, such a higher consumption triggered the escalated production and distribution of the medicine across the region resulting in higher adoption of blister packs. For instance, in 2020, the total number of medicine doses consumes in USA was estimated to reach approximately 5 trillion.