The global blister packaging market is estimated to grow at a CAGR of 5.6% during the forecast period. The market growth is attributed to the increasing demand from the healthcare industry owing to the rising incidences of chronic diseases coupled with the increasing geriatric population pool. Patient safety is always at the top priority along with the quality of the product. Therefore, sensitive products should be reliably protected from external influences such as humidity, oxygen, and/or light. The increasing incidences of chronic diseases significantly increase the demand for medicines and tablets and in order to protect these from external impacts, the demand for blister packs in the industry increases.
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According to the International Diabetes Federation, in 2019, around 463 million adults (20-79 years) were living with diabetes. This number by 2045 is projected to rise to 700 million. The proportion of people with type 2 diabetes is increasing in most countries. 79% of adults with diabetes were living in low- and middle-income countries. The changing lifestyle of the people increases the risk of diabetes and with the growing number of diabetes cases, the demand for diabetes drugs will increase, which in turn, will create demand for blister packs.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Blister Packaging Market – Segmentation
By Process
- Thermoforming Blister Pack
- Cold Forming Blister Pack
By Application
- Consumer Goods
- Pharmaceutical
- Food
- Others
Global Blister Packaging Market – Segmentation by Region
North America
- US
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global blister packaging market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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