The latest report by IMARC Group, titled “Blister Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the blister packaging market segmentation. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global blister packaging market size reached US$ 25.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 40.5 Billion by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032.
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Blister Packaging Market Trends:
The global blister packaging market is experiencing substantial growth driven by the increasing demand for convenient and tamper-evident packaging in the pharmaceutical and consumer goods industries. Blister packaging's ability to provide product protection, enhance shelf life, and ensure accurate dosage in the pharmaceutical sector is significantly boosting its adoption. Additionally, the rise in consumer awareness regarding hygiene and product safety is propelling the demand for blister packaging in food and healthcare products.
Along with this, technological advancements, such as the development of sustainable and eco-friendly blister packs, are also contributing to market expansion. Moreover, the growing need for cost-effective packaging solutions that offer durability and visual appeal is further augmenting market growth, making blister packaging a preferred choice across various industries.
Blister Packaging Market Scope and Growth Analysis:
The market market encompasses a wide range of applications, including pharmaceuticals, food, consumer goods, and industrial products, each benefiting from the unique advantages of blister packaging. In addition, the adoption of blister packaging is anticipated to surge due to its versatility, which includes thermoforming and cold forming processes tailored to specific product requirements. The market is also witnessing significant investments in research and development, aimed at enhancing material properties and packaging efficiency.
Emerging markets, particularly in Asia-Pacific and Latin America, are presenting lucrative opportunities due to increasing industrialization and rising consumer demand for packaged goods. Furthermore, stringent regulations regarding product safety and labeling, coupled with advancements in automation and packaging machinery, are driving the market's future growth, ensuring its continued relevance and expansion across diverse sectors.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Amcor Limited
- Bemis Company, Inc.
- The DOW Chemical Company
- Westrock Company
- Sonoco Products Company
- Constantia Flexibles GmbH
- I.Du Pont De Nemours and Company
- Honeywell International Inc.
- Tekni-Plex, Inc.
- Display Pack, Inc.
- Pharma Packaging Solutions
Blister Packaging Market Segmentation:
Our report has categorized the market based on product type, technology, raw material, and end-use.
Breakup by Product Type:
- Carded
- Clamshell
Breakup by Raw Material:
- Polyvinyl Chloride (PVC)
- Aclar
- Polyvinylidene Chloride (PVDC)
- Cyclic Olefin Copolymer (COC)
- Polypropylene (PP)
Breakup by Technology
- Thermoforming
- Cold Forming
Breakup by End-Use:
- Healthcare
- Consumer Goods
- Industrial Goods
- Food
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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