Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 46.28 Billion | USD 106.94 Billion | 8.7% | 2023 |
According to the report published by Zion Market Research, the global Blister Packaging Equipment Market size was valued at USD 46.28 Billion in 2023 and is predicted to reach USD 106.94 Billion by the end of 2032. The market is expected to grow with a CAGR of 8.7% during the forecast period. The report analyzes the global Blister Packaging Equipment 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 Blister Packaging Equipment Market.
Blister packaging equipment is a tool that seals products in a cavity with a film seal or aluminum or paper backing. The blister packs are used for any product but are most commonly used for packaging pharmaceuticals, food, and consumer goods. With the growth of the food and pharmaceutical industry, the demand for blister packaging is expected to spur. Blister packaging offers convenient and cheap packaging solutions which is why the equipment that manufactures blisters will expect healthy demand during the future period.
The global blister packaging equipment market is growing at a significant rate. Major factors that are expected to fuel the market growth include rapidly growing pharmaceutical, growing demand for blister packaging from packaged food, and the consumer electronics sector. Blister packaging is been widely used in the pharmaceutical industry to pack capsules, pills, tablets, lozenge, or granules. Blister packs can also offer barrier protection for a degree of tamper resistance and shelf-life requirements.
For additional security, many cosmetics often come in sealed plastic containers in blister packaging. The robust plastic enclosing of a traditional blister package permits products to be effortlessly accessible while protected from damage. Cosmetics like lip balms, eye shadow, and mascara are key candidates for blister packaging. Blister plastic packaging is often used for hanging items because it can display an item's features while providing additional security from tampering. Owing to all these factors there is a rise in the adoption of blister packaging equipment to fulfill the demand of the end-user. This is propelling the growth of the global market. Moreover, new product launches and an increase in consumption of packed products are also some of the features that are contributing to the growth of the market.
Furthermore, the growing expansion of the food and pharmaceutical sector in developing and middle-income countries is expected to provide huge opportunities for the growth of the global blister packaging equipment market over the forecast period. However, the blister packaging cannot be used for heavy products which may reduce the demand for blister packaging equipment. This in turn may hamper the growth of the global blister packaging equipment market.
The Covid-19 pandemic has affected almost all businesses around the world. However, the global blister packaging equipment market is observed to be moderately affected in the current pandemic period. Blister packaging equipment manufacturers suffered temporarily due to strict lockdown imposed by several governments around the world. Though the production activities halted temporarily, continuous demand from the pharmaceutical sector propel the demand for pharmaceutical blisters and ultimately spur the demand for blister packaging equipment. The market is expected to get traction over the forecast period as many blister manufacturers are increasing their production activity to overcome the shortage of products in the market.
The global blister packaging equipment market is segregated based on process type, product type, technology type, equipment type, end-use, and region.
Based on the process type, the global blister packaging equipment market is categorized into semi-automatic, automatic, and manual.
Based on the product type, the global market is divided into liquid, semi-solid, and solid.
The technology type segment is split into ultrasonic, thermoforming, heat sealing, and cold-sealing.
The equipment type segment is split into the inline filler, rotary blister, and shuttle blister.
Based on the end-user, the market is classified into consumer electronics, cosmetics, food industry, pharmaceutical, and others.
Report Attributes | Report Details |
---|---|
Report Name | Blister Packaging Equipment Market |
Market Size in 2023 | USD 46.28 Billion |
Market Forecast in 2032 | USD 106.94 Billion |
Growth Rate | CAGR of 8.7% |
Number of Pages | 210 |
Key Companies Covered | IMA Industria Macchine Automatiche S.p.A., Fabrima Maquinas Automatics Ltda, Romaco Pharmatechnik GmbH, Zed Industries Inc., Sonoco Products Company, Marchesini Group S.p.A., ULMA Packaging, Gebo Cermex, Jorgen Machinery Co., Ltd., and S. Coop |
Segments Covered | By process type, By product type, By technology type, By equipment type, By end-use 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 |
Regionally, North America is anticipated to account for the maximum share in the global blister packaging equipment market in terms of revenue over the forecast period. Factors such as the presence of key players, the rise in adoption of technologies, and growing demand from the food industry are expected to drive regional market growth. On the other hand, Asia Pacific is expected to be the fastest-growing region during the forecast period. This is due to the rise in demand from the pharmaceutical and consumer electronic industry.
are some of the major players that are operating in the global blister packaging equipment market.
By process type
By product type
By technology type
By equipment type
By end-use
FrequentlyAsked Questions
The global blister packaging equipment market is growing at a significant rate. Major factors that are expected to fuel the market growth include rapidly growing pharmaceutical, growing demand for blister packaging from packaged food, and the consumer electronics sector. Furthermore, the growing expansion of the food and pharmaceutical sector in developing and middle-income countries is expected to provide huge opportunities for the growth of the global blister packaging equipment market over the forecast period.
IMA Industria Macchine Automatiche S.p.A., Fabrima Maquinas Automatics Ltda, Romaco Pharmatechnik GmbH, Zed Industries Inc., Sonoco Products Company, Marchesini Group S.p.A., ULMA Packaging, Gebo Cermex, Jorgen Machinery Co., Ltd., and S. Coop are some of the major players that are operating in the global blister packaging equipment market.
Regionally, North America is anticipated to account for the maximum share in the global blister packaging equipment market in terms of revenue over the forecast period. Factors such as the presence of key players, the rise in adoption of technologies, and growing demand from the food industry are expected to drive regional market growth.
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