Blister Packaging Market to be Worth $46.72 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, June 28, 2023 /PRNewswire/ -- The global blister packaging market size is expected to reach USD 46.72 billion by 2030, expanding at 7.2% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. This market growth is attributed to the increasing demand from healthcare end-use industries for tamper-evident packaging designs provided by blister packaging solutions and their high visibility properties.

Key Industry Insights & Findings from the report:

• A shift in consumer preference from traditional bottles for healthcare products to tamper-evident designed unit-dose blister packaging solutions and their cost-effective properties is driving the blister packaging industry.
• The blister packaging made up of lightweight plastic films and paper is designed for smaller and lighter products. It cannot pack large and heavy products due to its limited strength and durability, which restrains market growth to a limited extent.
• The plastic films segment is expected to grow at a fast CAGR during the forecast period of 2023-2030. This is attributed to plastic films such as polyethylene terephthalate (PET) and polyvinyl chloride (PVC) offering unique characteristics to the blister packaging solution such as high visibility, lighter weight, and low-cost properties.
• The healthcare end-use segment recorded the highest market share in the base year 2022 due to the wide application of blister packaging in the packaging of generic drugs to protect them from external factors such as moisture and oxygen.
• North America accounted for one of the largest market shares owing to the presence of several healthcare end-user industries such as Merck & Co., Inc.; Abbott; others, and an advanced healthcare system.
• Several key companies are developing new products to strengthen their market positions in the blister packaging industry. For instance, in April 2023, SÜDPACK introduced mono-polypropylene blister packaging which is recyclable for the life science, medical goods, and pharmaceutical industries.
• In January 2023, Amcor plc won the 2023 worldstar global packaging awards in four categories. Amcor received an award for its new HealthCare AmSky Blister System, an aluminum-free and PVC-free blister packaging of daily for dietary supplements and medications.

Read 160-page market research report, "Blister Packaging Market Size, Share & Trends Analysis Report By Material (Paper & Paperboard, Plastic Films, Aluminum), By Technology, By Type (Carded, Clamshell), By End-use, By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.

Blister Packaging Market Growth & Trends

This packaging solution is often used for tamper-evident packaging as it provides a sealed and visible container for products, allowing consumers to see if the product has been opened or tampered with. This type of packaging also makes it difficult to replace the product with counterfeit or other harmful substances without breaking the seal, providing an additional layer of protection for consumers.

Moreover, the demand for blister packaging is being driven by advancements in packaging design, including child-resistant packaging configurations, the emphasis on the use of recyclable materials, and the introduction of smart blister packaging solutions to provide information about the product and monitor its usage.

The industry players are adopting several strategies including partnerships, expansions, mergers & acquisitions, joint ventures, and partnership agreements to increase the customer base and individual market share. For instance, in January 2023, TekniPlex announced an expansion in its product portfolio by launching a highly visible and mid-barrier polypropylene (PE) blister packaging solution to cater to the healthcare end-use industry.

Blister Packaging Market Report Scope

Blister Packaging Market Segmentation 

Grand View Research has segmented the global blister packaging market based on material, technology, type, end-use, and region

Blister Packaging Market - Material Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Paper & Paperboard
• Solid Bleached Sulfate (SBS)
• White-lined chipboard
• Others
• Plastic Films
• Polyvinyl Chloride (PVC)
• Polyethylene Terephthalate (PET)
• Polyethylene (PE)
• Others
• Aluminum

Blister Packaging Market - Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Thermoforming
• Cold Forming

Blister Packaging Market - Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Carded
• Clamshell

Blister Packaging Market - End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Healthcare
• Consumer Goods
• Industrial Goods
• Food

Blister Packaging Market - Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Southeast Asia
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• Saudi Arabia
• United Arab Emirates
• South Africa

List of Key Players in the Blister Packaging Market

• Amcor plc
• Constantia Flexibles
• UFlex Limited
• Sonoco Products Company
• WINPAK LTD.
• WestRock Company
• SteriPackGroup
• Honeywell International Inc
• Klöckner Pentaplast
• ACG
• SÜDPACK
• Tekni Plex
• Blisterpack Inc.
• Abhinav Enterprises
• YuanPeng Plastic Products Co., Ltd

Check out more market research studies published by Grand View Research:

• U.S. Rigid Thermoform Plastic Packaging Market - The U.S. rigid thermoform plastic packaging market size is projected to reach USD 8.99 billion by 2025, expanding at a CAGR of 2.7%, according to a new report by Grand View Research, Inc. The growing scope of the products in food & beverages, pharmaceutical, and personal care applications is expected to be the major factor driving the market growth over the forecast period.
• U.S. Cannabis Packaging Market - The U.S. cannabis packaging market size is expected to reach USD 9.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 30.6% over the forecast period. Cannabis is the most consumed drug other than alcohol and tobacco. According to the National Institute on Drug Abuse, more than 11.8 million young adults reported consumption of marijuana in 2018. The growing support of U.S. citizens for the use of medical cannabis will also fuel the market growth. With the rising popularity of vaping devices, teens have started vaping THC and nearly 4.0% of 12th graders respond they vape THC on daily basis.
• Aluminum Foil Packaging Market - The global aluminum foil packaging market size is expected to reach USD 47.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.5% from 2020 to 2028. Aluminum foil packaging products such as pouches, foils, and wraps, among others, are used in the food and beverage industry as they provide an excellent barrier against moisture, light, and oxygen.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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SOURCE Grand View Research, Inc.