Blister Packaging Market- Analysis, Statistics, Trends, Forecast Report, 2022

Packaging and Printing
Robin White's picture
Blister Packaging Market

The global blister packaging market was valued at USD 17.49 Billion in 2015 and is projected to reach USD 28.38 Billion by 2022, at a CAGR of 7.2%.

The primary objective of the study is to define, segment, and project the blister packaging market size on the basis of type, technology, material, end-use sector, and region. The study also aims at strategically analyzing micro markets with respect to individual growth trends, future prospects, and their contribution to the total market. It also provides detailed information about the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). In addition to this, the study analyzes competitive developments such as acquisitions, new product launches, expansions & investments, and research & development activities in the blister packaging market.

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Target Audience

  • Manufacturers of blister packaging
  • Importers and exporters of blister packaging
  • Traders, distributors, and suppliers of blister packaging
  • End users (healthcare, consumer goods, industrial goods, and food industries)

The blister packaging market, on the basis of type, is classified into carded and clamshell. The carded segment accounted for the largest share in 2015, due to its ability to form different shapes, stack many products, and its ease of handling and damage prevention properties. The increase in demand for consumer durables, pharmaceuticals, and food & beverages supports the growth of the blister packaging market.

Under the end-use sector, the healthcare sector is projected to grow at the highest rate due to the high demand for pharmaceutical packaging as it offers durability and product protection & security features. Blister packaging for healthcare products reduces the possibility of product contamination. It also protects healthcare products from moisture, gas, light, and temperature.

the North American region accounted for the highest share in the total market of the blister packaging market, in terms of value, followed by Asia-Pacific and Europe, owing to manufacturers’ focus on developing low-cost blister packaging options. However, as the blister packaging market in developed countries is matured, the markets in the U.S. and Canada are projected to grow the highest rates from 2016 to 2022.

High initial capital investments have caused an unfavorable impact on the profitability of the packaging industry. The global blister packaging market is dominated by players such as Amcor Limited (Australia), The Dow Chemical Company (U.S.), WestRock Company (U.S.), Bemis Company, Inc. (U.S.), and Sonoco Products Company (U.S.). Other payers include Constantia Flexibles (Austria), Klockner Pentaplast Group (Germany), E.I. du Pont de Nemours and Company (U.S.), Honeywell International (U.S.), Display Pack, Inc. (U.S.), Tekni-Plex, Inc. (U.S.), and Pharma Packaging Solutions (U.S.). These players adopted various strategies such as acquisitions, new product launches, agreements & collaborations, and expansions to cater to the needs of the blister packaging market.