The report "Blister Packaging Market by Material (Paper & Paperboard, Plastic, Aluminum), Type (Carded, Clamshell), Technology (Thermoforming, Cold Forming), End-use Sector (Healthcare, Consumer Goods Industrial Goods, Food), and Region - Global Forecast to 2025", size is projected to grow from USD 24.1 billion in 2020 to USD 34.1 billion by 2025, at a CAGR of 7.2%. The blister packaging market is witnessing high growth owing to downsizing of packaging and requirement of fewer resources in blister packaging.
Browse 158 market data Tables and 63 Figures spread through 191 Pages and in-depth TOC on "Blister Packaging Market by Material (Paper & Paperboard, Plastic, Aluminum), Type (Carded, Clamshell), Technology (Thermoforming, Cold Forming), End-use Sector (Healthcare, Consumer Goods Industrial Goods, Food), and Region - Global Forecast to 2025"
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“Thermoforming is the largest technology segment of the blister packaging market.”
The thermoforming segment has a major market share in the global blister packaging market due to its large number of applications in the end-use industries majorly healthcare and food. For blister packaging, thermoforming technology is preferred over cold-forming technology, because in thermoforming technology the initial cost of tools and types of equipment are less than cold-forming technology.
“Carded is the largest type segment of the blister packaging market.”
Carded blister packaging is projected to be the largest market segment owing to its ability to form different shapes, stack many products, damage control properties, and is also easy to handle. Also, the increasing demand from food packaging and e-commerce industries will fuel the demand for carded blister packaging in the forecast period.
“Plastic films is the largest material segment of the blister packaging market.”
Plastic films are projected to be the largest and fastest-growing material segment of the blister packaging market during the forecast period. Plastic films provide several properties in the product such as excellent visibility, and secure & attractive packaging, which in turn supports the growth of plastic packaging.
“Healthcare is the largest end-use sector segment of the blister packaging market.”
The healthcare segment is the largest end-user market segment of the blister packaging market followed by the consumer goods segment. In the healthcare industry, blister packaging is required to reduce the possibility of product contamination and provide protection to healthcare products from moisture, gas, light, and temperature. All these factors are driving the demand for blister packaging in the healthcare end-user industry.
“APAC is the fastest-growing market for the blister packaging market.”
APAC is expected to register the highest CAGR during the forecasted period owing to factors such as rising disposable income, growing middle-class population, high consumption of visibility products, and the growth of end-use sectors such as healthcare, food, and consumer & industrial goods will drive the blister packaging market over the forecast period.
Amcor Plc (Switzerland), DOW (US), WestRock Company (US), Sonoco Products Company (US), Constantia Flexibles (Austria), Klockner Pentaplast Group (Germany), E.I. du Pont de Nemours and Company (US), Honeywell International Inc. (US), Tekni-Plex (US), and Display Pack (US) are the key players operating in the blister packaging market.
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