The Role of Artificial Intelligence in the Blister Packaging Industry: Emerging Trends for 2023-2030Posted by karls on February 13th, 2024 Blister Packaging Industry | Forecast 2030 Blister Packaging Industry Data Book - Healthcare, Consumer Goods, Industrial Goods and Food & Confectionary Blister Packaging Market The economic value generated by the blister packaging industry was estimated at approximately USD 27.09 billion in 2022. This economic output is an amalgamation of businesses that are involved in the raw material suppliers, manufacturers of blister packaging materials, distribution & supply, and application of blister packaging. Material types in the blister packaging market include aluminum, paper & paperboard, and plastic films, among which aluminum dominates the material segment. This is due to aluminum foil being widely utilized in the pharmaceutical industry to pack pharmaceutical drugs. The properties of aluminum foil such as resistance to corrosion, ability to withstand changes in temperature and humidity, and anti-permeability against oxygen, fats, and ultraviolet light support its adoption in the blister packaging industry. Access the Global Blister Packaging Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Blister Packaging Industry Data Book Coverage Snapshot Markets Covered
The aluminum foil, commonly known as Alu-PVC blister packaging, protects the pharmaceutical materials from the external environment and elements, leaving the material uncontaminated. In addition, plastic films such as PVC, polyethylene terephthalate (PET), and polyethylene (PE) provide sturdy packaging that is transparent and protects the material against external environmental factors, which is further driving the market growth for this segment. Order your copy of the Free Sample of “Blister Packaging Industry Data Book - Healthcare, Consumer Goods, Industrial Goods and Food & Confectionary Blister Packaging Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030, published by Grand View Research Healthcare Blister Packaging Market Growth & Trends The global healthcare blister packaging market size is expected to reach USD 32.46 billion by 2030, registering a CAGR of 7.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The primary growth-driving factor is the emphasis on patient safety. Blister packaging provides a secure and tamper-evident solution for pharmaceutical products, such as tablets, capsules, and pills, ensuring that the contents remain intact and protected from any outside contamination. This is particularly crucial for medications sensitive to moisture, light, or air. Hence, it provides a barrier between the product and the environment, helping in maintaining the potency and efficacy of the medication, and ultimately safeguarding the patient's well-being. The individual compartments or cavities in blister packs allow for easy organization and identification of medications. This feature is especially beneficial for patients who take multiple medications, as it reduces the risk of confusion or medication errors. In addition, blister packaging often includes features, such as perforations or easy-to-open tabs, making it convenient for patients of all ages and physical abilities to access their medications without hassle and confusion. Cost-effectiveness is also a significant driving factor for the market. Blister packaging is typically made from cost-efficient materials, such as plastic or aluminum, readily available and relatively inexpensive. Moreover, it allows efficient use of space during transportation and storage, maximizing the number of products that can be packaged, and reducing overall packaging costs. Food & Confectionary Blister Packaging Market Growth and Trends Blister packaging consists of a plastic cavity or blister that holds the product and a backing card or foil that provides visibility and protection. Blister packaging is often used to package single-serve snacks such as chocolates, candies, gum, or nuts. It keeps these items fresh and protected from external factors like moisture and air. Blister packaging is popular for medicated chewing gums and mints. The individual blisters ensure precise dosing, hygiene, and protection of the product. Some bakery items, like cookies, brownies, and pastries, are individually packed in blister packaging to maintain freshness and prevent breakage during transport. Blister packaging can be used for individual condiments and sauce servings in restaurants and takeout orders. It provides portion control and minimizes mess. Blister packaging plays a crucial role in the food and confectionery sector by providing protection, visibility, portion control, and convenience for various products, from snacks and candies to supplements and condiments. It helps ensure product integrity and enhances the overall consumer experience. Go through the table of content of Blister Packaging Industry Data Book to get a better understanding of the Coverage & Scope of the study Competitive Insights The blister packaging market witnesses highly competitive rivalry with the presence of a number of global blister packaging manufacturers such as Amcor plc, Constantia Flexibles, UFlex Limited, Sonoco Products Company, WINPAK LTD., and WestRock Company along with some other new and growing market players. The global blister packaging market players face strong competition from other regional and national players as well as from each other since they have a well-established supply chain network, knowledge of suppliers across markets, and are well-informed about the packaging compliances and regulations for various end-use sectors. Check out more Industry Data Books, published by Grand View Research About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it! More by this author |