The pharmaceutical industry’s growth is expected to increase demand for these products, which will propel the blister packaging market to reach US$22.9 billion by 2031. Flat-bottomed containers like tubs are not as well suited to manufacturers’ specialist demands, hence they prefer carded or clamshell blisters.
The blister packaging market will grow to 5.18 thousand tonnes in 2021, predicts Future industry Insights, an ESOMAR-certified market research and consultancy business. The primary driver of demand is still the pharmaceutical industry’s preference for blister packing over carton boxes. Blister packaging sales are also on the rise, thanks to increased demand from the food, consumer products, and veterinary industries.
The demand-supply curve is being pushed upward by the pharmaceutical industry’s continued growth, while blister packaging firms’ expansion is being sped up by a number of packaging rules for pharmaceuticals.
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For instance, pharmaceutical packaging must adhere to FDA standards that specify features that minimise mix-ups and cross-contamination and mechanisms for evaluating packaging for suitability prior to packaging activities. Blister packing is heavily used in the pharmaceutical business since it meets all of these requirements.
According to the India Brand Equity Foundation, the Indian pharmaceutical industry also satisfies over 50% of the demand for various vaccines globally, 40% of the demand for generic drugs in the United States, and 25% of the total demand for medicines in the United Kingdom (IBEF). The pharmaceutical business still controls the majority of the global market in terms of value, but blister packaging is also very popular since it is so reasonably priced.
Future Market Insights (FMI) believes that the global blister packaging industry has a promising future given the huge increase in healthcare and pharmaceutical spending worldwide. Overall, it is anticipated that the blister packaging industry will expand over the next few years due to the rising need for easy, sustainable, and customised packaging solutions.
Key Takeaways from Blister Packaging Market Study
- Carded blister packaging remains lucrative, capturing over 55% share
- Pharmaceutical segment to maintain the lead in terms of end use, holding over one-third share
- High demand for thermoforming technology in manufacturing blister packaging to fuel sales
- By material, plastic and aluminium collectively projected to hold over 75% of market share
- The United States to remain at the epicentre, holding over 84% market value
- The United Kingdom, Germany, France, China, and a few others to emerge lucrative for the suppliers
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Competitive Landscape
When it comes to protecting the highly sensitive medicines, high barrier packaging films play a crucial role. On the back of this factor, leading packaging companies operating in the global blister packaging market are introducing blister packaging made up of high barrier packaging films that maintain the integrity and quality of tablets and capsules against moisture and oxygen.
- Klockner Pentaplast one of the leading pharmaceutical packaging manufacturers, has its kpMax – a four-layer structure blister packaging, specially designed for oxygen- and moisture-sensitive pharmaceuticals. The same packaging innovation provides several benefits such as 30% higher production output, minimizes blister card size which reduces secondary packaging and also requires minimum transition cost.
- In January 2020, AptarGroup Inc., leader in material science and active packaging solution, launched fully-integrated Active-Blister packaging solution combining moisture absorption and oxygen scavenging properties. The company added the combined moisture absorption and oxygen scavenging capability to the Activ-Film product to provide end-users with a highly integrated solution for pharmaceutical products that are highly sensitive to the moisture and oxidation.
- In 2019, Huhtamaki Oyj, one of the packaging giants, introduced recyclable Push Tab blister solution for pharmaceutical industry with the highest barrier properties.
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Key Players:
- Amcor plc
- Constantia Flexibles GmbH
- Sonoco Products Company
- Winpak Ltd.
- West Rock Company
- Honeywell International, Inc
- Uflex Ltd
Key Segments Covered In Blister Packaging Industry Research
Blister Packaging Market by Product Type :
- Clamshell
- Carded
Blister Packaging Market by Technology Type :
- Cold Forming Technology
- Thermoforming Technology
Blister Packaging Market by Material Type :
- Plastic
- PVC/Vinyl
- PET
- PE
- Others
- Aluminum
- Paper & Paperboard
- Others
Blister Packaging Market by End-Use :
- Food
- Pharmaceuticals
- Veterinary & Nutraceuticals
- Medical Devices
- Electronics & Electricals
- Industrial Goods
- Consumer Goods
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