Blister Packaging Market Size, Share, Growth, Trends, and Forecast 2032

Blister Packaging Market Insights

Zion Market Research has published a report on the global Blister Packaging Market, estimating its value at USD 27.82 Billion in 2023, with projections indicating that it will reach USD 52.25 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 6.5% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Blister Packaging industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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Blister Packaging Market: Overview

The blister packaging demand is increasing in the healthcare industry due to the need for convenient and tampered-free packaging. This kind of packaging safeguards the medicines and small medical devices from moisture, odor, oxygen, and also increases their lifespan. The use of automated techniques in blister packaging is expected to influence the global market.

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Blister Packaging Market: Growth Factors

The growth of the blister packaging market is rising due to increasing demand for blister packaged products by the aging population, healthcare industry. The rising awareness regarding packaged products, technological advancements in the medical and pharmaceutical industries, reduction in package wastage, and high packaged product consumption are influencing the growth of the blister packaging market.

The blister packaging for healthcare products reduce product contamination, and protects the product from oxygen, moisture, gas, temperature and light. The blister packaging wide design scope and a visually pleasing appearance boost its demand globally.

Blister Packaging Market: Segmentation

The global blister packaging market is divided based on technology, heat seal coating type, material type, and region.

The technology segment is further bifurcated into cold forming and thermoforming. The Thermoforming segment dominates in terms of volume due to its versatility, cost-effectiveness, and wide range of applications across industries. Thermoforming is widely used in food, consumer goods, and less-sensitive pharmaceutical packaging. Growth is fueled by cost-effectiveness, design versatility, and increasing demand for packaged goods. Challenges include lower barrier properties and environmental concerns. However, the cold forming segment is critical in the pharmaceutical sector due to its superior barrier properties and ability to protect sensitive products.

The heat seal coating type segment is categorized into solvent-based and water-based heat seal coatings. The Solvent-Based Heat Seal Coatings segment dominates in terms of market value due to its superior sealing performance and reliability in critical applications. However, the Water-Based Heat Seal Coatings segment is rapidly gaining traction as industries prioritize sustainability and regulatory compliance.

The material type segment is divided into aluminum, paper and paperboard, and plastic film. The plastic film subsegment is further segmented into PVC, rigid PVC, PP, PET, PS, PE, and OPA. The paper and paperboard subsegment is bifurcated into SBS, WLC, and CUK. The Plastic Film segment dominates in terms of volume due to its versatility, affordability, and widespread use across industries.

However, the Aluminum segment leads in terms of value in applications requiring high barrier protection, particularly in pharmaceuticals. Paper and Paperboard is eco-friendly alternative growing in consumer goods and some pharmaceutical applications. Growth is fueled by sustainability initiatives, with challenges in barrier properties and durability.

Blister Packaging Market: Report Scope

Blister Packaging Market: Regional Analysis

The regional segmentation includes North America, Asia-Pacific, Europe, Latin America, and Rest of the World. The thermoforming and healthcare segment accounts for the largest market.

The blister packaging market is witnessing substantial growth across various regions, with North America and Europe maintaining significant shares due to their established pharmaceutical industries and focus on sustainable packaging solutions. The Asia-Pacific region stands out as the fastest-growing market, driven by rapid industrialization and expanding healthcare sectors.

Latin America and the Middle East & Africa present emerging opportunities, propelled by developing industries and increasing healthcare awareness. Overall, the global blister packaging market is poised for continued expansion, supported by technological advancements and evolving consumer preferences toward convenient and secure packaging solutions.

Blister Packaging Market: Competitive Players

Some main participants of the Blister Packaging Market are

• Amcor Limited
• Bemis Company. Inc.
• WestRock Company
• Honeywell International
• The Dow Chemical Company
• Owens-Illinois
• Sonoco Products Company.
• Catalent Pharma Solutions
• Tekni-Plex. Inc.
• Compass Pharma Services
• Klockner Pentaplast Group
• Constantia Flexibles
• Innovative Plastics
• Pharma Packaging Solutions
• Display Pack. Inc.

The Blister Packaging Market is segmented as follows:

By Technology Type

• Cold Forming
• Thermoforming

By Heat Seal Coating Type

• Solvent-Based Heat Seal Coatings
• Water-Based Heat Seal Coatings

By Material Type

• Aluminum
• Paper and Paperboard
  • SBS
  • WLC
  • CUK
• Plastic Film
  • PVC
  • Rigid PVC
  • PP
  • PET
  • PS
  • PE
  • OPA

By Industrial Goods

• Consumer Goods
• Food
• Healthcare
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa