Blister Packaging Market 2024 Assessment and Key Insights Analyzed Till 2034
The global blister packaging market is on a strong growth trajectory, with estimated sales valued at USD 29.3 billion in 2024. Revenue is projected to expand at a robust CAGR of 6.5% over the forecast period, reaching a total valuation of USD 55.1 billion by 2034.
In 2023, the global blister packaging market size stood at
US$ 27.6 billion, and it is expected to exhibit a year-over-year growth rate of
6.1% in 2024. This growth is primarily driven by the increasing adoption of
blister packs across various sectors.
Plastic blister packaging continues to dominate the market
due to its versatility and cost-effectiveness. It is anticipated that plastic
blister packs will account for 44.5% of the global blister packaging market
share by 2034.
Carded blisters, known for their high visibility, are
experiencing significant adoption in industries such as healthcare, food and
beverage, and cosmetics. According to the latest industry analysis, the carded
segment is projected to hold a value share of 55.3% in 2034.
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Blister packs offer key advantages such as convenience,
dosage control, and tamper evidence, making them ideal for pharmaceutical
packaging. The growing demand for pharmaceuticals, driven by rising chronic
disease cases and increased health awareness, is expected to further boost
blister packaging sales.
Moreover, the development of smart blister packs is
revolutionizing the blister packaging industry. Leading players are integrating
novel technologies such as RFID tags and sensors into their products,
addressing challenges like medication adherence and enhancing overall packaging
functionality.
Key Takeaways:
- Japan’s
blister packaging market is expected to reach a value of USD 2.1 billion
by 2034, with a projected growth rate of 6.2% CAGR, driven primarily by
increased use in the food sector.
- Carded
blister segment to hold a 55.3% value share in 2034.
- Smart
blister packs incorporating RFID tags and sensors are transforming the
industry.
Competitive Landscape
With increased environmental concerns, there is a stronger
demand for biodegradable and recycled blister packs. Leading blister packaging
manufacturers are focusing on creating innovative products with enhanced
functionality.
Several players are experimenting with blister package
designs to improve their attractiveness and functionality. They offer bespoke
blister packaging solutions to fit their clients’ individual branding and
product requirements. Furthermore, corporations use methods such as new product
launches, alliances, distribution agreements, acquisitions, and facility
expansions to acquire a competitive advantage in the marketplace.
Key Players in the Blister Packaging Market
- Klockner
Pentaplast Group
- Amcor
plc
- Constantia
Flexibles GmbH
- Honeywell
International
- Sonoco
Products Company
- Tekni-Plex,
Inc.
- Uflex
Ltd
- Rohrer
Corporation
- R-Pharm
Germany GmbH
Recent Developments in the Blister Packaging Market
- In
January 2024, TekniPlex Healthcare and Alpek Polyester launched the
world’s first pharmaceutical-grade blister film made with 30%
post-consumer recycled content. This innovative Octal rDPET™ blister film
includes PCR content, enabling pharmaceutical companies to stay ahead of
upcoming sustainability legislation that is expected to impact packaging
across all industries.
- In
February 2024, PulPac and PA Consulting formed the Blister Pack
Collective, and Sanofi Consumer Healthcare joined as a member. This
alliance intends to reduce single-use plastic packaging by embracing dry
molded fiber technology. This will help reduce the 100,000 tonnes of
plastic medication packaging used annually.
- In
June 2020, SEA Vision and Marchesini Group introduced a novel blister
T&T technology.
Global Blister Packaging Market Segmentation
By Material Type:
- Plastic
- Polyvinyl
Chloride (PVC)
- Polyethylene
Terephthalate (PET)
- Polyethylene
(PE)
- Others
- Aluminum
- Paper
& Paperboard
- Others
By Product Type:
- Clamshell
- Carded
By Technology Type:
- Cold
Forming Technology
- Thermoforming
Technology
By End-use:
- Food
- Pharmaceutical
- Veterinary
& Nutraceutical
- Medical
Devices
- Electronics
& Electricals
- Industrial
Goods
- Consumer
Goods
By Region:
- North
America
- Latin
America
- East
Asia
- South
Asia & Pacific
- Western
Europe
- Eastern
Europe
- Middle
East & Africa
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