Global Carded Blister Packaging Market, By Product (Thermoforming and Cold Forming), Application (Pharmaceuticals, Cosmetics and Personal Care, Nutraceutical and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights of Carded Blister Packaging Market
Data Bridge Market Research analyses that the carded blister packaging market will project a CAGR of 4.5% for the forecast period of 2022-2029 and would reach an estimated value of USD 2,731.44 million by the end of forecast period. The global carded blister packaging market has grown as a result of incremental expansion in the e-commerce industry and increase in the sale of protective packaging products.
Carded blister packaging is a pre-formed plastic pack used for packaging. The formable web in blister packs is created using thermoformed plastic. These moldable webs are used to create cavities or pockets for blister packs. The backing of blister packs is made of paperboard, aluminium foil, or plastic. Blister packaging is used in pharmaceutical applications to package disintegrated capsules, tablets, and other pharmaceutical products. Blister packs are also used in the packaging of contact lenses, which are filled with a predetermined amount of saline solution and heat-sealed around the contact lens compartment. Blister packs shield the product from moisture and contamination.
The blister packs market value is increasing due to rising demand for appealing and convenient packaging solutions. Increased emphasis on shrinking packaging size and increased emphasis by manufacturers on providing innovative packaging solutions will drive up demand for blister packs. The increasing use of robotic blister packaging machinery, as well as the growth and expansion of the packaging industry, will drive up the value of the blister packs market.
Growth and expansion of the consumer goods and pharmaceutical industries, particularly in developing economies, as well as rising personal disposable income, are some other indirect factors that will boost the blister packs market growth rate. The growing popularity of multi-functional blister packaging machinery will also pave the way for the blister packs market to expand. Other factors driving the blister packaging market include the prevalence of lifestyle diseases, an ageing population, rising demand for generic drugs, and stringent regulatory requirements.
However, rising environmental concerns will slow the blister pack market's growth rate. The government's stringent regulations on the use of plastic will further slow the blister pack market's growth rate. The inability of blister packs to hold heavy materials will further impede market growth.
This carded blister packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on carded blister packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Carded Blister Packaging Market Scope and Market Size
Global carded blister packaging market is segmented on the basis of product and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the carded blister packaging market is segmented into thermoforming and cold forming.
- On the basis of application, the global carded blister packaging market is segmented into pharmaceuticals, cosmetics and personal care, nutraceutical and others.
Carded Blister Packaging Market Country Level Analysis
The global carded blister packaging market is analysed and market size insights and trends are provided by country, product and application referenced above.
The countries covered in the carded blister packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America currently dominates the carded blister packaging market and will do so for the coming years. This is due to the presence of advanced and well-established end-user industries in the region, such as healthcare and pharmaceutical. Asia-Pacific, on the other hand, is expected to grow at the fastest rate during the forecast period. This is due to increased urbanization, industrialization, and the increased use of convenient packaging solutions. Growth and expansion of various end user verticals in this region, such as the packaging industry, will create more lucrative and remunerative market growth opportunities.
The country section of the carded blister packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Carded Blister Packaging Market Share Analysis
The carded blister packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to carded blister packaging market.
Some of the major players operating in the carded blister packaging market are Klöckner Pentaplast, Amcor plc, Constantia Flexibles, WestRock Company., Honeywell International Inc., Berry Global Inc., Bemis Manufacturing Company, Sonoco Products Company, Dow, Pharma Packaging Solutions, Tekni-Plex., Blisterpak, Inc., VisiPak, Algus Packaging, Inc., Powerpak Industries LLC, Clearwater Packaging, Inc., VP Plastics and Engineering., Navnitblisters, ECOBLISS and Nirmala Industries. among others.
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