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Blister Packaging Market – Insights

Blister packaging is a type of packaging, which is used for small consumer goods products, medical devices, and pharmaceuticals, therefore it is categorized as unit dose packaging. Blister packaging is usually made from thermoforming of plastic sheet to form multiple blisters, a small pocket or cup to hold the product. Blister packs offer cost-efficient packaging solution for protecting the product from tampering and in avoiding exposure to external factors such as temperature, humidity, and others.

The global blister packaging market was pegged at around 2,350 kilo tons, in 2018 and is expected to exhibit a CAGR of 4.2% over the forecast period (2019-2027), to surpass 3,400 kilo tons by 2027.

Among regions, Asia Pacific held a dominant position in the global blister packaging market in 2018, accounting for 48% market share, in terms of volume, followed by Europe and North America, respectively. Asia-pacific is expected to grow substantially over the forecast period due to the rise in growth of the pharmaceutical industry in the region

Figure 1. Global Blister Packaging Market, Volume Share (%) Analysis, By Region, 2018

Source: Coherent Market Insights, 2018-19

Manufacturers in the packaging industry are aiming towards reducing their overall environmental footprint. For instance, on 5th February 2020, Sonoco introduced its retail blister packaging product, EnviroSense PaperBlister, which is completely made from paper. This all-paper blister package is designed to provide an efficient alternative to conventional thermoformed plastic based packaging, as it bio-degradable as well as it require lesser number of shipping cartons during transportation. Moreover, EnviroSense PaperBlister exhibits lesser weight and more packages per truckload to ship the product same amount of product.

Furthermore, increasing number of collaborations among leading companies with an aim for increasing their market presence across the globe is expected to fuel growth of the global blister packaging market over the forecast period. For instance, Probiotec acquired South Pack Laboratories (Aust) Pty Ltd., an Australia-based company, which offers packaging solutions for nutraceutical and pharmaceutical products and Australian Blister Sealing (ABS), a packaging manufacturer specialized in production of blister and clamshell packaging for pharmaceutical industry, in October 2017 and July 2019, respectively.

Figure 2. Global Blister Packaging Market – Opportunity Analysis

Source: Coherent Market Insights, 2018-19

Moreover, governments across the world are encouraging adoption of biodegradable packaging products over plastic-based packaging, owing to the rising concerns about excessive use of plastics, which is eventually harmful to the environment. This is expected to hamper growth of the global blister packaging market during the forecast period. On account of this, key players are focused on introducing new substitutes for non-recyclable blister packaging products, which are recyclable in nature. For instance, in November 2019, Romaco developed first recyclable unit packaging for solid drugs products, Push Packs, which are manufactured from recyclable polyolefin laminates. The production cost of Push Packs are lower as compared to conventional blister packs by around 60%, as it requires much lesser consumption of material.

On the basis of product type, in 2018, blister cards accounted for largest market share of 36% in terms of volume, followed by clamshells and face seal blisters, respectively. Blister card is widely used in packing of smaller consumer goods, food products, small medical devices, and pharmaceutical products, owing to their ability to be molded into different shapes and cost-efficiency.

Figure 3. Global Blister Packaging Market, Volume Share (%) Analysis, By Product Type, 2018

Source: Coherent Market Insights, 2018-19

Major companies operating in the global blister packaging market include Amcor PLC, Blisters Inc., Honeywell International Inc., Blisterpak Inc., VisiPak, Sonoco Products Company, Powerpak Industries L.L.C., Clearwater Packaging Inc., Constantia Flexibles GmbH, Westrock Company, and Algus Packaging Inc.

Leading companies such as Nelipak Corporation, Inc. is focused on adopting strategies such as mergers & acquisitions to expand its market presence in the global blister packaging market. For instance, in August 2019, Nelipak Corporation, Inc., one of the leading providers of custom designed packaging products for pharmaceutical and medical device industries and Kohlberg & Company, L.L.C., a New York-based private equity firm together acquired Bemis Healthcare Packaging, a company which is involved in manufacturing of packaging products for pharmaceutical industry. This is expected to boost growth of the global blister packaging market growth over the forecast period.