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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Increasing Demand for Blister Packaging in the Pharmaceutical Industry to Propel the Market
The global blister packaging market is driven by the increasing off-patenting of drugs, improved patient adherence, the rising trend of short-cycle medication, and the regulation imposed for unit-dosing. All these factors are expected to surge the demand for blister packaging in the overall pharmaceutical packaging industry. The market is primarily being boosted by the growing requirement for regulations and compliance with pharmaceutical packaging from the patients. The market in the developed regions is being bolstered by the rising use of innovative products and materials in the market for blister packaging. In the emerging regions, the market is being enhanced by the extension of healthcare benefits and the sale of OTC drugs.
In North America, the blister packaging market growth can be attributed to the from plastic containers to blister packaging owing to its high adherence and safety to meet evolving requirements of the geriatric population. The rising trend in the pharmaceutical industry to use thermoformed blisters to attract customer attention by offering transparency, along with barrier properties, is propelling the market forward.
Films, which are a component of blister packaging, are predicted to have an increase in growth in the forecast period due to the growing preference for thermoforming films over cold-form foils (CFF). Materials used for lidding, such as film, paper, and Alu sheets, are experiencing a shift, as plastic and paper films are being preferred over Alu lidding material due to their child-resistant and easy-open features, which is anticipated to provide impetus to the market in the coming years.
Blister Packaging Market Report Snapshots
Blister Packaging Market Growth
Blister Packaging Market Demand
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global blister packaging market attained a value of nearly USD 17.24 billion.
The market is projected to grow at a CAGR of 4.8% between 2024 and 2032.
The major drivers of the market are growing pharmaceutical packaging industry, increasing innovations in products and materials, and growing old age population.
The key trends guiding the growth of the market include the increasing demand for high visibility packaging and rising use of thermoformed blisters that offer improved features.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Films, lidding material, secondary containers, and packaging accessories are the leading components of blister packaging in the market.
Compartment packs, slide packs, and wallet packs are the significant types of blister packaging in the market.
The major players in the global blister packaging market are Mitsubishi Chemical Corporation, Constantia Flexibles International GmbH, UFlex Limited, Amcor plc, Winpak Ltd., CCL Industries Corporation, and UACJ Foil Corporation, among others.
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