Blister Packaging Market to Reach US$ 26,940.0 Million by 2033, Fueled by Growing Pharmaceutical Sector.

Oct 19, 2023

The blister packaging market is expected to experience rapid growth, reaching a value of US$ 26,940.0 million by 2033, driven primarily by developments in the pharmaceutical sector. Manufacturers prefer carded or clamshell blisters over flat-bottomed containers like tubs due to their ability to meet specific requirements.

In 2021, the blister packaging market is projected to reach 5.18 thousand tonnes, with the pharmaceutical industry’s continued preference for blister packing driving demand. The food, consumer products, and veterinary industries are also contributing to the increasing demand for blister packaging.

Folding boxboard, known for its high stiffness, is a popular packing material, consisting of a mechanical pulp layer sandwiched between chemical pulp top and back sheets, often bleached and painted with colors.

Future Market Insights predicts a promising future for the global blister packaging industry, fueled by a significant increase in healthcare and pharmaceutical spending worldwide. The demand for convenient, sustainable, and customizable packaging solutions is expected to drive market growth in the coming years.

In summary, the blister packaging market is set for substantial expansion due to the growth of the pharmaceutical industry and the rising demand for specialized packaging solutions. Compliance with regulatory standards and cost-effectiveness further contribute to its popularity. The industry is well-positioned to capitalize on the expanding healthcare and pharmaceutical sectors while meeting the need for efficient and customizable packaging solutions.

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Key takeaways from the blister packaging market study include:

Competitive Landscape

When it comes to protecting highly sensitive medicines, high-barrier packaging films play a crucial role. On the back of this factor, leading packaging companies operating in the global blister packaging market are introducing blister packaging made up of high-barrier packaging films that maintain the integrity and quality of tablets and capsules against moisture and oxygen.

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Key Players:

Key Insights from the Report:

Country-Wise Analysis:

Market Insights by Region: US, Asia Pacific, and Germany

United States: Strong Growth in Pharmaceutical Industry Drives Demand for Blister Packaging The United States holds a significant share of the global market, capturing 27.4% in 2022. The country’s pharmaceutical industry has experienced substantial growth, fueled by rising per capita consumption and expenditure on pharmaceutical drugs.

Asia Pacific: India and China as Key Players in Pharmaceutical Manufacturing The Asia Pacific region, particularly India and China, are prominent pharmaceutical manufacturers and exporters. India offers low-cost production and packaging, leading to the expansion of manufacturing facilities. Rising investments in pharmaceutical research and development, along with improving healthcare infrastructure, are driving the demand for blister packaging in India. In China, the growing aging population has resulted in increased demand for prescription drugs, particularly oral-form drugs, to cater to the healthcare needs of the elderly population.

Germany: Growing Demand for Blister Packaging in the Pharmaceutical Industry Germany holds 6.5% of the European blister packaging market share in 2022. The German pharmaceutical industry is expected to generate significant demand for blister packs due to increased investment in pharmaceutical production.

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Key Segments Covered In Blister Packaging Industry Research

Blister Packaging Market by Product Type :

Blister Packaging Market by Technology Type :

Blister Packaging Market by Material Type :

Blister Packaging Market by End-Use :

About FMI

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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