Global Blister Packaging Market to Surpass Valuation of US$ 18 Bn by 2027
The global blister packaging market is forecasted to progress on a positive growth trajectory through the forecast period, according to a new market study by XploreMR. The growth of the market is majorly attributed to the rising prevalence of diseases and increased production of pharmaceuticals. Furthermore, stringent regulation by the FDA in the US, coupled with changing consumer lifestyles are equally contributing to the growth of the market.
Besides, blister packagings are finding significant adoption among pharmaceuticals owing to their durability, affordability, resistance to heat and tampering, and affordability. Moreover, increased demand for convenient and attractive packaging in the consumer goods sector is also fuelling the growth of the market. Likewise, blister packaging is expected to gain prominence in the years to come on the back of increasing emphasis on reducing sizes of packaging. On the back of the aforementioned factors, the global blister packaging market is forecasted to surge past valuation of US$ 18 Bn by the end of 2027, progressing at a CAGR of 6.3%.
Stringent Regulations and Rising Prevalence of Diseases Fosters Market Growth
Macro factors such as the rising prevalence of diseases, widening base of the geriatric population, and changing consumer lifestyles are increasing the need for medicines, subsequently propelling the demand for packaging in pharmaceuticals. Complementing this, stringent government regulations are also impelling the market revenue of blister packaging. On these lines, regulations by FDA spell out that all prescribed pharmaceuticals dispensed in nursing homes and hospitals must be packed in unit-dose formats with barcodes to avoid dispensing errors.
Such guidelines are working in favor of the blister packaging. Besides, the manufacturers are working on the shortcomings of blister packaging to bolster adoption in numerous ways. For instance, blister packs have a very thin film, which makes peeling extremely easier. As this poses a child hazard, manufactures are working on tweaking the product design.
Pharmaceutical Sectors Continues to Bestow Lucrative Growth Opportunities
The pharmaceuticals segment is forecasted to remain the most prominent end-use sector for blister packaging. Leveraging the persistent demand, market players are innovating novel designs. On these lines, market players are working on developing blister packaging that facilitates product tracking on smartphones and also reminds patients to take medicines on time.
Furthermore, to enable visually challenged people to identify the drug specification, manufacturers are focusing on different types of printing. In the recent past, smart packaging technology has gained remarkable traction in the pharmaceutical industry, thereby mutually rewarding the consumers and manufacturers. Such innovations will continue to drive the blister packaging market on a positive growth trajectory.
North America Continues to Spearhead Regional Growth
North America is forecasted to expand at an impressive growth rate, and is expected to surpass a valuation of more than US$ 6 Bn by the end of 2027. Blister packaging in the region is gaining traction in the food and pharmaceutical industries in the United States, while Canada is also forecasted to grow at a healthy CAGR of 6.3% during the assessment period. In North America, the US market accounts for about 88.1% market revenue.
Competitive Landscape of Global Blister Packaging Market
Some of key players studied in the report include Amcor Limited, Bemis Company, Inc., The Dow Chemical Company, WestRock Company, and Sonoco Products Company, Constantia Flexibles, E.I. du Pont de Nemours and Company, Klockner, Honeywell International Inc., Tekni-plex, Inc., and Display Pack, Inc., among others.
A recent market report published by XploreMR on the blister packaging market provides global industry analysis for 2016-2020 & forecast for 2021-2031. The report offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the blister packaging market, the growth prospects of the market are obtained with maximum precision.
The global blister packaging market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
By Technology Type
By Material Type
By End Use
Chapter 01 – Executive Summary
The report begins with the executive summary of the blister packaging market, which includes a summary of the key findings and statistics of the market. It also includes dominant segments in the global blister packaging market, along with key the facts about market. This section also highlights XploreMR analysis and recommendations which will help the reader for further decisions.
Chapter 02 – Market Overview
Readers can find detailed taxonomy and definition of the blister packaging market in this chapter, which will help them understand the basic information about blister packaging market present in the market. This section also highlights the inclusions and exclusions, which help readers to understand the scope of the blister packaging market report.
Chapter 03 – Key Market Trends
It includes a comprehensive analysis of key trends such as product innovation and technological advancements that are impacting the global blister packaging market.
Chapter 04 – Global Blister Packaging Market Demand Analysis (Volume in tonnes) 2016-2020 and Forecast, 2021-2031
This section explains the global market volume analysis and forecast for the blister packaging market between the forecast period of 2021-2031. It includes the detailed analysis of the historical blister packaging market.. Readers can also find the Y-o-Y growth trend for the forecast period (2021-2031).
Chapter 05 – Global Blister Packaging Market - Pricing Analysis
This section highlights the average pricing analysis based on material type (plastic, aluminium, paper & paperboard, and others) of blister packaging market in different regions across the globe. The weighted average pricing approach at the manufacturer-level is considered for more précised market analysis.
Chapter 06 – Global Blister Packaging Market Demand (Value in US$ Mn) Analysis 2016-2020 and Forecast, 2021-2031
This section explains the global market value analysis and forecast for the blister packaging market between the forecast period of 2021-2031. It includes the detailed analysis of the historical blister packaging market, along with an opportunity analysis for the future. Readers can also find the Y-o-Y growth opportunity for the forecast period (2021-2031).
Chapter 07 – Market Background
This chapter explains the macroeconomic and forecast factors that are expected to influence the growth of blister packaging market over the forecast period. This chapter also highlights the key market dynamics of the blister packaging market, which include the drivers, restraints and opportunities. This section is continued with the detailed of value chain analysis which represents flow of the product from raw material supplier to end users. Profitability margin during each transition of the product is also provided.
Chapter 08 – Impact of COVID-19
This chapter explains how the COVID-19 has impacted the overall packaging industry. It also explains the impacts of COVID-19 on the key regions, current statistics and probable future impacts and current economic projections.
Chapter 09 – Global Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031, by Product Type
Based on product type, the blister packaging market is segmented into clamshell and carded. for better understanding of the market graphical representation of value share, y-o-y trend and market attractiveness analysis is provided in the chapter
Chapter 10 – Global Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031, By Technology Type
The blister packaging market is further analyzed on the basis of technology type. For this analysis, the market is segmented as cold forming technology and thermoforming technology. In this chapter, readers can find information about value and volume analysis along with the recent trends in the market.
Chapter 11 – Global Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031, By Material Type
As per material segment, the blister packaging market is classified into plastic, aluminium, paper & paperboard, and others. In this chapter, readers can find information about key attractive segments during the forecast period.
Chapter 12 – Global Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031, By End Use
This chapter covers the consumption and sales of blister packaging in the various end use industries. The blister packaging market is segmented into food, pharmaceuticals, veterinary and nutraceuticals, medical devices, electronics & electricals, industrial goods, and consumer goods. . In this chapter, readers can find information about key attractive segments during the forecast period.
Chapter 13 – Global Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031, by Region
This chapter explains how the blister packaging market is expected to grow across various geographical regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific ex. Japan (APEJ), Japan, and Middle East & Africa (MEA).
Chapter 14 – North America Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031
This chapter includes a detailed analysis of growth of the North America blister packaging market, along with a country-wise assessment that includes the U.S. and Canada. Readers will also find key points targeting market size and consumption of blister packaging market.
Chapter 15 – Latin America Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031
. This chapter includes the growth prospects of the blister packaging market in leading countries in Latin America such as Brazil, Mexico, Argentina, and the Rest of Latin America. BPS analysis, growth trends, market attractiveness analysis, as per considered taxonomy is also covered in the chapter.
Chapter 16 – Western Europe Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031
Important growth prospects of the blister packaging market based on the product type, technology type, material type, and end use in several countries such as Germany, the U.K., France, Spain, Italy, NORDIC, BENELUX, and the rest of Western Europe, are included in this chapter.
Chapter 17 – Eastern Europe Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031
This chapter highlights the growth of the blister packaging market in Eastern Europe by focusing Russia, Poland, and Rest of Eastern Europe. The section also highlights data points regarding the growth of the blister packaging market in Eastern Europe.
Chapter 18 – APEJ Shrink Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031
This chapter highlights the growth of the blister packaging market in APEJ by focusing on China, India, ASEAN, Australia & New Zealand, and Rest of APEJ. Detailed analysis based on taxonomy is provided in the chapter.
Chapter 19 – Middle East and Africa Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031
This chapter provides information about how the blister packaging market will grow in major countries in the MEA region such as GCC Countries, South Africa, Northern Africa, and the rest of MEA during the forecast period 2021-2031.
Chapter 20 – Japan Blister Packaging Market Analysis 2016-2020 and Forecast 2021-2031
This chapter provides information about the blister packaging market growth analysis in Japan during the forecast period of 2021-2031. This chapter highlights value and volume analysis during the historic and forecast period.
Chapter 21 – Blister Packaging Market Country-wise Analysis and Forecast
This chapter provides information about how the blister packaging market will grow in various countries such as United States, Canada, Brazil, Mexico, Germany, Italy, Russia, U.K., France, GCC Countries, South Africa, China, , India and Australia across the all regions during the forecast period 2021-2031..
Chapter 22 – Market Structure Analysis
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the blister packaging market along with their market presence analysis by region and product portfolio.
Chapter 23 – Competition Analysis
In this chapter, readers will find a comprehensive list of all leading manufacturers in the blister packaging market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Amcor plc, Constantia Flexibles GmbH, Sonoco Products Company, Winpak Ltd., Klockner Pentaplast Group, Honeywell International, Inc, Uflex Ltd, ACG Pharmapack Pvt. Ltd., Rohrer Corporation. SteriPack Group and others
Chapter 24 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the blister packaging market report.
Chapter 25 – Research Methodology
This chapter helps readers to understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, about the blister packaging market.
Sources and Primary Research Splits (%)
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