The global Alu Alu blister packaging machine market is poised for substantial growth, with an anticipated market value of US$ 24.27 billion in 2023, projected to reach a significant US$ 42 billion by 2033, reflecting an impressive 5.6% compound annual growth rate (CAGR) during the forecast period from 2023 to 2033. Notably, the market exhibited a solid performance in the historical period from 2018 to 2022, with a CAGR of 4.5%.
The escalating demand for prepared and packaged food products, such as meat and seafood, combined with the expanding presence of organized retail and e-commerce networks worldwide, is expected to be a key driver of the alu alu blister packaging machine market. Blister packaging involves heating the packaging sheet until it softens, and then molding it into the desired shape using molds, typically with the assistance of vacuum, heat, and pressure. This process necessitates blister packaging machines, which are poised to experience increased demand in the years ahead.
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In the pharmaceutical sector, there is a notable shift towards blister packaging for the packaging of oral solid doses in the United States. This transition is primarily attributed to the superior protection offered by blister packaging against oxygen and moisture for individual solid doses. The cost-effectiveness and convenience of transporting blister packs are also attracting pharmaceutical companies, further boosting the demand for alu alu blister packaging machines.
Moreover, blister packaging is cost-effective, lightweight, and visually appealing, making it a popular choice for food manufacturers. The increasing adoption of Modified Atmosphere Packaging (MAP) in the food industry, which involves the use of controlled gaseous mixtures within blister pack containers to enhance the shelf life of food products, is expected to contribute to the growing demand for blister packaging equipment in the near future. The combination of these factors positions the Alu Alu blister packaging machine market for substantial expansion and economic significance.
The Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Alu Alu Blister Packaging Machine
With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.
In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Alu Alu Blister Packaging Machine market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
Key Takeaways and Projections
- The U.S. is expected to lead the North America Alu Alu Blister Packaging Machine market, projecting the fastest growth in the region between 2023 and 2033
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2033.
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Report Benefits & Key Questions Answered
- Historical Market Analysis: The detailed survey by FMI, examines key factors in the Alu Alu Blister Packaging Machine market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Alu Alu Blister Packaging Machine market for the forecast period 2023-2033.
- Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Alu Alu Blister Packaging Machine for the assessment period. As per the study, the demand for Alu Alu Blister Packaging Machine will grow at a robust CAGR between 2023 and 2033.
- Market Trend Analysis: The latest study by FMI on the Alu Alu Blister Packaging Machine market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Alu Alu Blister Packaging Machine market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
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Key Segments:
By Product Type:
- Cantilever Type
- Liquid automatic filling blister
- Flat blister
- Rotary Clamshell Sealers
- Shuttle Blister Sealer
- Leak Detection Blister Sealer
- Other
By Sealing Type:
- Platen sealing
- 12mm
- 17mm
- 22mm
- 35mm
- Rotary sealing
By Packaging Type:
- Air and moisture-proof
- folding carton
- shrinkage bundling
- Other
By End-Use:
- Pharmaceuticals
- Laboratory use
- Small batch production
- Mass production
- Food & beverages
- Confectionery
- Personal & Home Care
- Electrical and Electronics
- Other
By Region:
- North America
- USA
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- France
- Spain
- United Kingdom
- Italy
- BENELUX
- Russia
- Rest of Europe
- East Asia
- China
- Japan
- South Korea
- South Asia Oceania
- India
- Thailand
- Malaysia
- Indonesia
- Australia
- New Zealand
- Rest of SAO
- Middle East and Africa
- GCC Countries
- South Africa
- Turkey
- Rest of MEA
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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