Blister Packaging Market Trends, Growth and Key Developments (2023-2032)

Table of Contents

Blister Packaging Market Trends and Forecast (2023-2032)

The global blister packaging market is expected to expand from USD 25.63 billion in 2022 to approximately USD 47.44 billion by 2032. This growth represents a compound annual growth rate (CAGR) of 6.4% from 2023 to 2032.

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Report Highlights: Key Insights

The blister packaging market is on track to reach an impressive USD 47.44 billion by 2032.
The Asia-Pacific region is leading the market, holding a dominant 43% share.
The role of thermoforming in blister packaging is becoming increasingly important in shaping the market dynamics.
The demand for blister packaging in the healthcare sector is experiencing rapid growth.

Blister packaging, a pre-formed plastic container, is widely used for packaging a variety of products. The cavities or pockets in blister packs are created from thermoformed plastic, providing a transparent view of the product inside. This transparency is especially beneficial in showcasing the actual product to consumers. The backing material of blister packs is typically made from paperboard, aluminum foil, or plastic, depending on the product’s requirements.

Blister packs are commonly used in the pharmaceutical industry to package medications like capsules, tablets, and other delicate products. Additionally, they are used to pack contact lenses, which are sealed in a predetermined amount of saline solution to ensure safety and cleanliness. The packs help protect items from moisture and contamination, ensuring their integrity.

There are various types of blister packaging, such as clamshells and carded packs, each designed for specific packaging needs. The advantages of blister packaging are numerous: it ensures product freshness, offers a wide range of materials, provides visibility, and allows for customized designs.

The rising demand for better product safety—driven by manufacturers, consumers, and regulatory bodies—makes blister packaging an increasingly attractive option. In sectors like pharmaceuticals, where product integrity and long shelf life are crucial, blister packaging helps maintain the quality of medications, even when stored in environments with fluctuating temperatures.

The Role of Thermoforming in Blister Packaging

Thermoforming is a key technology in blister packaging, offering businesses a cost-effective way to create visually appealing, protective packaging. By heating and molding plastic sheets, it allows for transparent packaging that enhances product visibility, building consumer trust, especially in industries like pharmaceuticals. Its versatility suits various sectors, from food to electronics. Additionally, thermoforming supports sustainable practices by using recyclable materials, while innovations like RFID and NFC integration open opportunities for better tracking and anti-counterfeiting, helping businesses stay competitive.

Recent Developments

In October 2023, Aluflexpack AG, a leading European producer of high-quality circular flexible packaging and barrier solutions, announced its acquisition of a 68% stake in Helioflex. Helioflex is the top provider of pharmaceutical flexible packaging in Tunisia and surrounding regions.
In December 2022, Praxis Packaging Solutions, a U.S.-based contract packaging company, expanded its capabilities by acquiring a TF2 Blister Pack Machine to support its growing operations.
In September 2022, Amcor HealthCareTM received the Recyclable Packaging award at the 2022 Packaging Europe Sustainability Awards for its AmSkyTM Blister System. The recognition highlighted the system’s sustainability improvements and innovative approach to healthcare packaging.
In July 2021, Australian pharmaceutical company Probiotec made a strategic move to acquire Australian Blister Sealing (ABS) for $23 million, with the potential for an additional $5 million cash bonus if specific revenue goals were met within the first year.

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