Blister Packaging Market : Industry Report By Knowledge Sourcing Intelligence
Introduction
The global blister packaging market is expected to grow at a decent CAGR during the forecast period(2018-2024). Blister packaging is a type of packaging used to sell products in a
cavity which is backed by cardboard paper, aluminum or film seal. The
growth is driven by a rise in demand for blister packaging in pharmaceutical,
food and consumer goods. Focus on patient compliance, medicine adherence, and
product quality is expected to further fuel the blister packaging market
growth.
Blister Packaging Market By Type:
By type, the market is segmented into
compartment, slide and wallet blister packaging. Compartment type holds a considerable portion
of blister packaging market size since it is a convenient packaging
option for pharmaceuticals, food and consumer goods. In the case of
pharmaceuticals, it is increasingly being used since this type of blister
packaging helps improve compliance among the patients. The market for wallet
and slide packaging is anticipated to grow at a substantial rate over the
forecast period. The slide packaging provides the easy open and close option and
clearly displays and protects the product. Blister wallets is commonly used in the
pharmaceutical and healthcare industry for clinical trials and drugs promotion.
The advantage of using wallets in combination with blister strips is that the
information printed on the wallet always remains with the drug,
unlike the folding boxes where the information is lost once the blister strip
is removed from the box.
Blister Packaging Market By Material:
By
material, the global blister packaging market is segmented as PVC, PVDC, PP,
and others. The blister packaging market share for PVC is expected to be
significant owing to the widespread usage of the material in the pharmaceutical
and consumer goods packaging, low cost and ease of thermoforming.It is
anticipated to grow at a good rate over the forecast period due to its
increased use in the manufacturing of cold-form blister films and packaging of
consumer goods. But PVC provides poor protection against moisture and oxygen
ingress. So PVDC is often coated onto a PVC film as it has very high oxygen and
moisture barrier properties. Increasing demand for high barrier protection from
the pharmaceutical and food industry is expected to boost the demand for
materials such as PVDC, and PP.
Blister Packaging Market By End Use:
By
end-user, the global blister packaging market is segmented as consumer goods,
food, and pharmaceutical. Pharmaceutical segment dominates the market since
this type of packaging is primarily used for medicine and other pharmaceutical
products packaging to help patients be compliant with the required medicine
dosage and timing. In the case of consumer goods, the demand is set to rise
over the forecast period since it makes the packaging visually appealing and allows
the consumers to view the product before making a purchase decision. Blister
packaging is primarily used to pack toys, hardware, and electrical instruments.
The food segment is also expected to have a notable growth due to high demand
for blister packaging to reduce wastage of food items due to microbes, moisture
and other factors during storage, transportation and display. So, the blister
packaging market trend is going to be positive for all segments based on
end-use.
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