Pharmaceutical Blister Packaging Market Poised for Robust Growth, Forecasted to Expand at 5.4% CAGR from 2023-28

MarkNtel Advisors has released its latest report highlighting strong growth in The Global Pharmaceutical Blister Packaging Market is projected to grow at a CAGR of around 5.4% during the forecast period, i.e., 2023-28.

Report Coverage

This report offers a comprehensive analysis of the Pharmaceutical Blister Packaging Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2022
• Forecast Years: 2023-28
• Historical Years: 2018-21

Pharmaceutical Blister Packaging Market Overview

With several new diseases keep coming every year, the demand for medicines has also augmented alongside, which, in turn, has influenced the adoption of packaging solutions positively. The most adopted methods would be flexible packaging options like blister packaging. In order to attain quick and reliable packing for bulk operations, blister packaging is used as they exhibit tamper-free and leak-proof packaging options. This aspect is likely to drive the market through 2028.

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Pharmaceutical Blister Packaging Market Segmentation Outlook

The Pharmaceutical Blister Packaging is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Material Type

• Polyethylene Terephthalate (PET)
• Polyethylene (PE)
• Polyvinyl Chloride (PVC)
• Aluminium
• Others (Polyolefin (PO), Paper Solutions, etc.)

By Technology

• Thermoforming
• Cold Forming

By Application

• Tablets and Capsules
• Syringes
• Ampoules
• Medical Device
• Others (Vials, etc.)

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Pharmaceutical Blister Packaging Market Trend

The Advent of Cost Effective and Eco-Friendly Blister Packages- Citing the hazardous impact of single-use plastics and materials like PVC, PVDC, foil, etc., on the environment, manufacturers are adopting eco-friendly raw materials for blister packages, making a substantial shift towards sustainability. For instance, Bilcare Research Inc., a blister packaging manufacturer, launched ECOmply, which blends PVC film with a special additive to make it biodegradable. In fact, companies are willing to procure eco-friendly blister packaging machines suitable for packaging products from low to high volume production potential. Along similar lines, the leading players are relentlessly investing in R&D activities to develop eco-friendly and cost-effective pharma blister packaging that can withstand mechanical, thermal, and biological stress during the blister-forming process.

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Top Pharmaceutical Blister Packaging Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies Amcor PLC, WestRock Company, Constantia Flexibles, Renolit SE, Carcano Antonio, Sonoco Products Company, Klockner Pentaplast Group, Du Pont De Nemours and Company, PCI Pharma Services, SteriPack Group, Others as key players shaping the market landscape.

Pharmaceutical Blister Packaging Market News

• April 2022: Amcor revealed the customer trials of the world's first recyclable Polyethylene-based thermoform blister packaging, AmSky, marking a breakthrough innovation in blister packaging. The packaging is in line with the highly specialized and regulated pharmaceutical packaging. The design uses a Polyethylene (PE) thermoform blister and lidding film instead of PVC (PolyVinyl Chloride). 

Key Questions Answered in the Report

• What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
• How the industry has been evolving, and which segments would dominate the market during the forecast period?
• What are the key opportunity areas that companies foresee in the coming years 2028?
• Who are the key players in the market, and what are their competitive strengths?
• What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

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