Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 24.82 Billion | USD 39.85 Billion | 5.4% | 2023 |
According to the report published by Zion Market Research, the global Sliding Blister Packaging Market size was valued at USD 24.82 Billion in 2023 and is predicted to reach USD 39.85 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.4% during the forecast period. The report analyzes the global Sliding Blister Packaging Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Sliding Blister Packaging industry.
The extensively used thermoform packaging in the pharmaceutical industry is the sliding blister packaging. The sliding blister packaging is designed in a simple way so that it is convenient for the product removal that is enclosed in the printed paperboard. The sliding blister packs are efficient for the long distance transportation that helps in minimizing the manufacturer’s distribution cost.
Ecobliss, a manufacturer of the blister and high visibility packaging solutions have developed a simple, economical, and mass-producible carton box which satisfies the regulations that are implemented for the child-resistant packaging.
The global market for the sliding blister packaging is fragmented into its end-user industry and the material type.
Based on the end-user industry, the global market is segregated into pharmaceutical, automobile, general industries, food, cosmetic, personal and healthcare, and others.
Based on the type of the material, the market is categorized into paperboard and plastic.
The plastic segment is sub-categorized into cyclic olefin copolymer, polychlorotrifluoroethylene, ethylene vinyl alcohol, polyethylene terephthalate, cyclic olefin polymer, polyvinylidene chloride, and others.
The major reason that is fuelling the growth of the market is the increasing health awareness among the consumers regarding the aseptic packaging. This type of packaging gives the benefit of increasing the lifespan of the products that are perishable thus being used increasingly in the applications of the food industry. The development of using the paperboard in the sliding blister packaging has helped the vendors to save their sealing cost.
The materials that are required for developing the packaging is minimum thus it is an eco-friendly solution for packaging. The materials that are used can be recycled thus it is being used increasingly in the global market. Owing to all these factors the market is growing at a speedy rate. The factor that is limiting the growth of the market is the manufacturers are facing problems from the local authorities and the environmental organizations owing to the growing use of the plastic materials in the packaging which affects the packaging sales.
Report Attributes | Report Details |
---|---|
Report Name | Sliding Blister Packaging Market |
Market Size in 2023 | USD 24.82 Billion |
Market Forecast in 2032 | USD 39.85 Billion |
Growth Rate | CAGR of 5.4% |
Number of Pages | 204 |
Key Companies Covered | Ecobliss Holding BV, National Plastics, Inc., Display Pack, Inc., VisiPak, Aikpak Plastic Forming, KPAK, Rohrer Corporation, Tekni-Plex, and Blsiterpak, Inc |
Segments Covered | By end-user industry, By the material type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
In the coming years, the market for the sliding blister packaging will develop rapidly. The region that is leading the sliding blister packaging market is Asia Pacific region. The developing countries such as India and China are contributing a major share in the global market. The robust growth of the pharmaceutical sector in the country of Japan contributes toward the growth of the market. In the North American region, the sliding blister packaging market is growing at a significant rate due to the advancing pharmaceutical sector. The other regions such as Europe and the Latin America are also contributing a good share in the market revenue.
The key market players that are involved in the sliding blister packaging market include
By End-User Industry
By Material Type
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