Blister Packaging Market - Global Industry Insights, Opportunity Analysis, 2017-25


Posted March 15, 2018 by sarodenikhil121

Blister packaging’s advantages over alternatives include cost-effectiveness, enhanced durability, tamper proof, improved shelf life and lower risk of contamination.

 
Blister Packaging Market Outlook

Asia Pacific is the fastest market due to burgeoning growth of the pharmaceuticals industry, which has been driven by large populations in India and China. Increase in the geriatric and infant population has led to surge in demand for medicines. Moreover, relatively low-cost healthcare in countries such as Thailand and India has boosted medical tourism in the region. Lax regulations have hindered exports to countries such as US and Canada. For instance, India-based manufacturer Ranbaxy was banned from drug sales in US due to manufacturing and quality violations.

North America and Europe markets are also expected to gain major traction due to high consumption of consumer goods and electronics. Also, the pharmaceuticals industry in these regions is matured and with the high prevalence of lifestyle diseases the market is projected to grow further. The market is supplemented by Latin American and Asian markets.

Middle East region population has high disposable incomes which drives consumerism. Electronics and consumer goods are growing rapidly, driving the blister packaging industry as well. Decline in markets of Syria and Iran have been compensated by high growth in the GCC countries.

Latin America is a growth engine, with Brazil positioned as the fourth largest pharmaceuticals market in the world. Argentina, Mexico and Brazil are also among the largest producers of non-patented generic drugs, which are exported to over 40 countries from these countries. Mexico being a member of North American Free Trade Agreement (NAFTA), has access to the lucrative markets of US and Canada, which has resulted in Mexico becoming a manufacturing hub for international pharmaceutical companies.

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Pharmaceuticals is the largest end-use industry in the blister packaging market. Tablets and capsules are widely sold in blister packaging. The added advantages are assurance of product safety and multiple product packaging. Despite its advantages, blister packaging is non-biodegradable and non-recyclable. This has led to environmental concerns regarding its large scale use.

Blister packaging market can be segmented on basis of fabricating process, thermoforming and cold forming respectively. Thermoformed plastics are versatile, lightweight and aesthetically pleasing. Cold formed plastics have more tensile strength and stiffness. Clamshell packaging is used for consumer goods. They are usually transparent in order to ensure that the consumer can see the contents of the packaging. Blister cards are used in pharmaceuticals industry, and they are manufactured by heat sealing a sheet foil. Plastic films, cardboard and aluminum are used as blister packaging materials.

Alternatives to blister packaging such as Stretch and Skin packaging are gaining popularity due to increased performance. More durability, toughness, improved aesthetics and lower material use are advantages over conventional blister packaging.

The major players in the blister packaging market are Constantia Flexibles, E.I. du Pont de Nemours and Company (U.S.), Klockner (Germany), Honeywell International Inc. (U.S.), Tekni-plex, Inc. (U.S.), and Display Pack, Inc. (U.S.).

Blister Packaging Market Taxonomy

On basis of technology

Thermoforming

Vacuum Forming

Pressure Forming

Cold forming

On basis of blister packing machine

Plate type

Roller type

Roller-Plate type

On basis of product type

Blister Cards

Face Seal

Full Face Seal

Trapped Blister

Full Card Blister

Clam Shell

Mock

Two piece

Trifold

On basis of Material

Plastic Films

PVC

PET

PE

Others

Paper and Cardboard

SBS

WLC

Others

Aluminum

On basis of end-use

Pharmaceutical

Electronics and Semiconductors

Consumer Goods

Others

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Issued By Mr.Nikhil
Website Coherent market insights
Phone +1-206-701-6702
Business Address Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702
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Categories Industry
Tags blister packaging market
Last Updated March 15, 2018