Cold Form Blister Packaging Market Trends

  • Report ID: 6334
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Cold Form Blister Packaging Market Trends

Growth Drivers

  • Surging need for food safety: Cold form blister packaging offers superior properties against moisture, light, and oxygen, which are crucial for preserving the freshness and extending the shelf life of food products. Moreover, the increasing popularity of specialty foods such as organic products and dietary supplements is driving demand for packaging solutions that ensure product safety and quality, and cold form blister packaging is well-suited to such needs. For instance, according to the United States Department of Agriculture (USDA), U.S. organic retail sales in 2021 were estimated to be more than USD 52 billion, or about 5.5% of all retail food sales.
  • Increasing focus on sustainability: The drive for sustainability is leading to significant advancements in cold form blister packaging, with a focus on reducing environmental impact and meet consumer and regulatory demands for more eco-friendly solutions. Governments and regulatory bodies worldwide are implementing stricter regulations on packaging waste. For instance, the European Packaging and Packaging Waste Directive (PPWR) aims to minimize packaging waste and promote recycling. To comply with these regulations, manufacturers are adopting more sustainable cold form blister packaging options.
  • Expanding consumer electronics sector: As consumer electronics become more advanced, they often come with numerous small parts and accessories that need secure and organized packaging. Cold form blister packaging offers precise and customizable compartments to keep these components neatly arranged and protected.

Challenges

  • Fluctuations in aluminum prices: Thin aluminum-containing laminate film sheets are used in the cold-forming blister packing method, which can be expensive, and impact the overall production cost. Globally, the price of aluminum has fluctuated significantly over the last ten years owing to the equilibrium between supply and demand, geopolitical tensions, economic slowdown, and natural disasters.
  • Presence of alternatives: The most popular type of blister pack is thermoformed, which employs clear PVC material provides a variety of seal options, and safeguards the goods during travel as it is strong, resilient, and impervious to tampering. Besides this, heat seal blister cards, a form of blister packing produced by applying heat, are the perfect packaging option for pharmacies to shield food items and medications from impurities, moisture, and air. All these factors may limit the adoption of cold form blister packaging.

Cold Form Blister Packaging Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

6.2%

Base Year Market Size (2024)

USD 4.47 billion

Forecast Year Market Size (2037)

USD 9.77 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: 6334
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of cold form blister packaging is assessed at USD 4.69 billion.

The cold form blister packaging market size was valued at USD 4.47 billion in 2024 and is expected to reach USD 9.77 billion by 2037, registering around 6.2% CAGR during the forecast period i.e., between 2025-2037. The market growth is owing to increasing demand for secure and tamper-evident packaging in the pharmaceutical industry.

Asia Pacific industry is likely to hold largest revenue share of 35% by 2037, led by expansion of the e-commerce industry in this region.

The major players in the market are SteriPackGroup, Klöckner Pentaplast, ACG, Amcor plc, Constantia Flexibles, Sonoco Products Company, WINPAK LTD., Bilcare Limited, Svam Toyal Packaging Industries Pvt. Ltd., Tekni-Plex, Inc., Essentra plc, and others.
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