Drug Blister Packaging Market to Gain US$ 23.3 Billion by 2034, with a CAGR of 7.40%

Drug Blister Packaging Market accounted for US$ 12.1 Billion in 2024 and is estimated to be worth US$ 23.3 Billion by 2034 and is anticipated to register a CAGR of 7.40%.

Packaging has become an essential component of the supply chain for various industries that deal with the manufacturing & transportation of products. Packaging has played an important role in the marketing of new products and drug delivery systems. Advanced and smart solutions of blister packaging have significantly revolutionized the packaging system in the pharmaceutical sector. Due to rapid technological advancement medical industries have become the primary application area for blister packaging. Blister packaging is made up of polyvinyl chloride or polyethylene terephthalate. Blister packaging is used in toy products, electronic equipment, and pharmaceutical products. Blister machines are designed for cold and hot forming processes for conventional films like PVDC, PVC, PP, Aclar, and Alu/Alu. Blister packaging is widely used in pharmaceutical industries as it provides protection from damage, moisture, and contamination, and keeps the drug safe. Blister packaging is also used in food & beverage, consumer goods, etc.

Blister packaging is made up of rugged polymers like cyclic olefin polymers (COP), polyethylene terephthalate (PET), polychlorotrifluoroethylene (PCTFE), polyvinylidene chloride (PVDC), and polyvinyl chloride (PVC). Blister packaging provides safety and a secure way of shipping medicines and other consumer items. Polyvinyl chloride (PVC) has become the most popular material for creating blister packaging due to its lower cost. Polyvinylidene chloride (PVDC), is combined with polyvinyl chloride (PVC) sheets to create blister packs with an extra layer of protection from moisture. Cyclic olefin polymers (COP), are used commonly for making blister packs that hold medicines. Blister packaging comes in various sizes, shapes, and strengths. Blister packaging is water resistant and protects against UV light to keep the product fresh and safe. The rising prevalence of the disease has had a positive impact on the blister packaging market growth.

Key Highlights:

• In June 2022, SEA Vision and Marchesini Group launched new blister serialization and aggregation technology to inspect, print, and pack serialized blisters. Newly launched products are strategic and have become the ideal choice for a pharmaceutical manufacturer to expect future regulatory implementation and to provide added value to their packaging processes.
• In April 2022, Jones Healthcare unveiled the new sustainable blister pack ‘FlexRx One. Newly launched products are suitable for long-term care pharmacies, retail packaging, etc. The newly launched product is made with eco-friendly bio-PET material.

Analyst View:

The key factors driving the growth of the drug blister packaging market are the rising prevalence of diseases, disposable income & rate of urbanization. Urbanization has given rise to unhealthy lifestyles, consumption of unhealthy food, alcohol intake, and smoking which has led to causes of diseases like heart disease, diabetes, etc. Another factor projected to assist the target market's expansion during the forecast period is due to environmental factors like climatic change zoonotic diseases are increasing. Rapid economic development has given the increase in the westernization of lifestyle. However, waterborne diseases, foodborne diseases, and zoonotic diseases are increasing in urban areas due to improper housing conditions, slum areas, inadequate sanitation, etc. The use of drugs in treating disease, the largest pharmaceutical manufacturing companies, high-scale production of branded and generic drugs, and rising investment in pharmaceutical R&D, are expected to give rise to the drug blister packaging market over the forecast period. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish a position in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Drug Blister Packaging Market, By Type (Carded, Clamshell), By Technology (Thermoforming, Cold Forming), By Application (Capsules, Tablets, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2034”

Request a free sample of our research report @ https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/4997

Key Market Insights from the report:

The Drug Blister Packaging Market is segmented based on Type, Technology, Application, and Region.

• Based on Type, the Drug Blister Packaging Market is segmented into Carded and clamshell.
• Based on Technology, Drug Blister Packaging Market is segmented into Thermoforming and cold Forming.
• Based on Application, Drug Blister Packaging Market is segmented into Capsules, Tablets, and others.
• By Region, the Drug Blister Packaging Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their Strategies of Drug Blister Packaging Market:

The prominent players operating in the Drug Blister Packaging Market include Honeywell International Inc., Amcor plc., Constantia Flexibles, Du Pont De Nemours and Company,  Westrock Company, Winpak Ltd., Huhtamaki PPL Ltd., CCL Industries Corporation, UFlex Limited, KlocknerPentaplast Group and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge their businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offer strategic and tactical support to clients for making well-informed business decisions and identifying and achieving high-value opportunities in the target business area. We also help our clients address business challenges and provide the best possible solutions to overcome them and transform their businesses.

Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

To know more

Contact Us:

Sales

Prophecy Market Insights

Email- [email protected]

Website- https://www.prophecymarketinsights.com