Blister packaging market size will reach USD 46.74 billion in 2030 driven by growing demand for convenient and easy-to-use packaging products, according to reports and data

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NEW YORK, April 7, 2022 /PRNewswire/ — The World blister packaging market the size should reach $46.74 billion in 2030 and register a revenue CAGR of 6.8% over the forecast period, according to the latest Reports and Data report. The profitability of blister packaging and tamper evident design for product protection are the major factors that are expected to drive the market revenue growth over the forecast period.

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Blister packaging is a type of preformed plastic packaging used for a variety of applications including small consumer products, food and pharmaceuticals. It is used in the healthcare industry to package medical devices and pharmaceuticals. Blister solutions are also commonly used in food and consumer goods packaging. Blister packaging uses limited resources and provides solutions that take up less shelf space and offer good environmental protection. This packaging is made of a tough polymer that is suitable for a wide range of uses, including pharmaceuticals, electronic equipment and toys.

Blister packs minimize the need for additional cartons, reducing the cost of packaging. Hardware, sheets and films, toys, electrical products and other items are all packed in this way. Blister packaging secures the product while allowing it to be easily displayed, and it can also be used for advertising. It is tamper evident and less expensive than other types of packaging.

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Blister packs are expected to see strong demand globally, especially for drug packaging. Steady adoption in consumer goods and food applications has bolstered the use of this technology to deliver more reliable, personalized packaging that meets specific convenience and safety standards. Additionally, blister packs can last a long time and help maintain product quality while waiting for purchase.

Manufacturers are investing in new technologies and focusing on product improvement, resulting in continuous development in the industry. Most blister packaging machines traditionally use pressure and heat to produce a cavity from a sheet of plastic or paper. However, advances in thermoforming and cold forming technologies have allowed for steeper forming depths and angles, as well as a reduction in the amount of material used for each cavity, in recent years.

Some highlights of the report

  • Revenue from aluminum foil segment is expected to register a significantly faster growth rate during the forecast period. Aluminum foils are commonly used in pharmaceutical applications for drug packaging. The high recyclability rate of these packaging solutions, along with their excellent moisture-proofing characteristics, are driving the demand for aluminum materials. Additionally, the development of new foil packaging solutions, along with the ease of handling of these new solutions, is expected to increase the demand for aluminum foil during the forecast period.

  • The Clamshell segment is expected to register a significantly rapid revenue growth rate over the forecast period. Clamshell packaging is made up of two pieces of packaging material that are joined together to form a protective shell around the product. It is translucent, has a nice aesthetic and adds to the shelf appeal of the product. Many retail and specialty food products are packaged in blister packs because they protect items from poor packaging, seal them tightly to prevent contamination, and maintain freshness.

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  • Pharmaceuticals and medical devices are packaged in cold thermoformed packaging, which is widely used in the healthcare industry. The pharmaceutical sector uses it to package various items including tablets, capsules, drugs, vials, ampoules, syringes and liquids. Cold forming films, such as transparent, peelable, peelable, tearable and childproof films, are manufactured to meet the demand of pharmaceutical customers around the world.

  • The healthcare segment is expected to register a significantly faster revenue growth rate in the global blister packaging market during the forecast period. Health products are packaged in blister packs to limit the risk of contamination and protect them from humidity, gas, light and temperature. This increases the demand for blister packaging in the healthcare sector, which is expected to drive the revenue growth of this segment.

  • Blister packaging market in North America is expected to register a rapid revenue growth rate over the forecast period. Rapid industrialization enhanced by the governments of various countries in the region to improve their economies is driving the growth of health and cosmetics industries in North America. Additionally, the region’s ever-increasing population and growing preference of individuals to invest more in their healthcare and personal care are driving the revenue growth of this regional market.

  • The companies profiled in the market report are Amcor plc, Sonoco Products Company, Constantia Flexibles, Klöckner Pentaplast Group, Honeywell International Inc., Tekni-Plex, Inc., Display Pack, Uflex Ltd, ACG Pharmapack Pvt Ltd and SteriPack Group Ltd.

To identify key industry trends, a research study at https://www.reportsanddata.com/report-detail/blister-packaging-market

For the purposes of this report, Reports and Data has segmented the global blister packaging market on the basis of material type, packaging type, technology, end-use, and region:

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