Blister Packaging Market Size & Share 2023

1. Blister Packaging Market Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2027

2. The blister packaging market is poised to garner commendable gains by 2027 owing to proliferating consumer electronics and cosmetics sector, and rising demand for high protection blister packaging solutions. Additionally, increasing geriatric population and the subsequent rise in pharmaceutical products demand across the globe. • Blister packaging is known as a very unique kind of packaging that induces the idea of a blister, wherein the package is a flat surface that has a bubble protruding out of it. This bubble that protrudes is where the product is stored. • This type of packaging is extensively used across the pharmaceutical sector, mainly as a unit-dose packaging solution aiding people to take the right amount of medicine at the right time. Blister packaging includes of polyvinyl chloride (PVC) or polyethylene terephtalate (PET) plastic packaging. • The blister packaging market is segmented into several segments in terms of technology, type, material, application, and regional landscape. • With respect to technology, the market is divided into cold-forming and thermoforming. Among these, cold-forming technology segment will generate more than $6 billion revenue by 2027. The growth is ascribed to the rising demand for high protection blister packs mainly for pharmaceutical applications.

3. Aluminum-based blister pack are usually made using cold forming aluminum film as well as lidding material of aluminum foil. In this, generally an aluminum-based laminate film is just pressed into a mold by means of a stamp. The use of aluminum cold-forming packs offers an overall barrier for oxygen, light, and moisture, which also allows a long product expiration date. Based on type, the market for blister packaging is classified into clamshell and carded. Carded type blister packs segment is projected to show around 6.6% CAGR through the analysis timeline. The development of advanced improved protection and aesthetics of new carded blister packs will drive the segment growth. Talking of the material spectrum, the blister packaging market is categorized into plastic substrate, paper & paperboard and aluminum foil. Plastic substrate material expected to showcase highest growth rate of around 5.3% CAGR. Economic pricing along with ease availability of material will drive the segment growth. In terms of application, the overall blister packaging market is segmented into industrial goods, consumer goods, food, and pharmaceutical. In 2020, the pharmaceutical application segment of the blister packaging market was valued at around $17.7 billion. The segment will exhibit robust growth over the coming time period.

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