Blister Packaging Market Trends

  • Report ID: 2651
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Blister Packaging Market Trends

Growth Drivers

  • Increasing Demand for Blister Packaging in the Healthcare and Pharmaceutical Sector: An increment in the demand for blister packages can be witnessed owing to the growing demand for medicines in the healthcare and pharmaceutical sector.It is extremely necessary for the manufacturers in the pharmaceutical industries to follow the protocols of packaging pharmaceutical products, which in turn is raising the need for packaging methods, such as blister packaging. Moreover, blister packaging of pharmaceutical products promotes good insulation of medicines from external surroundings and also provides high levels of protection, in addition to cost-effectiveness packaging and ease of handling of the pharmaceutical products.
  • Stringent Packaging Norms in the Consumer Goods and Food Industry: Backed by the flourishing growth of the consumer goodsand food industry, governmental agencies worldwide are taking strict regulatory measures to avoid contamination of food and further to also ensure the freshness of the food products remain intact.Further, the increasing demand for attractive packaging methods amongst the manufacturer of food products as it helps in the promotion and branding of the food product is also estimated to support the development of the blister packaging market. Additionally, the increasing demand for attractive and convenient packaging for consumer goods and the growing emphasis on reducing the sizes of packaging of the products for efficient transportation of the products are also anticipated to drive the growth of the global market.

Challenges

  • Growing Concerns for Packaging Wastes: Increasing packaging wastes and the concern to regulate such wastes, followed by the stringent government norms to reduce pollution from packaging wastes are some of the factors anticipated to restrain the growth of the global market in the coming years.

Blister Packaging Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

7.3%

Base Year Market Size (2023)

USD 27.81 billion

Forecast Year Market Size (2036)

USD 69.5 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Anil


  • Report ID: 2651
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of blister packaging is assessed at USD 29.43 billion.

Blister Packaging Market size was over USD 27.81 billion in 2023 and is projected to reach USD 69.5 billion by 2036, witnessing around 7.3% CAGR during the forecast period i.e., between 2024-2036.

North America industry is set to dominate majority revenue share by 2036, on account of a growing shift from plastic bottles to blister packaging in the healthcare sector coupled with the rising demand for packaged food products in the region.

The major players in the market are Tauriga Sciences Inc., Bemis Company, Inc., The DOW Chemical Company, Westrock Company, Sonoco Products Company, Constantia Flexibles GmbH, Honeywell International Inc., Tekni-Plex, Inc., Display Pack, Inc., Pharma Packaging Solutions, and others.
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