The expansion of the food packaging sector across regions is essentially driving the expansion of the blister packaging market. Einsteiner uploading up to get together with. Increasing environmental consciousness is propelling market expansion in order to decrease environmental effect and footprints while maintaining blister packing functionality. Government constraints on pharmaceutical blister packaging are projected to stymie blister packaging industry expansion. Asia-Pacific is predicted to dominate market growth in terms of revenue. Throughout the projected period, the worldwide blister packaging market will grow. Growth is ascribed to an expanding pharmaceutical business, greater consumer awareness of sustainable packaging, and the introduction of novel blister packaging materials.
According to Coherent Market Insights, Global Blister Packaging Market was valued at US$ 15.2 Billion in 2021 in terms of revenue, exhibiting a CAGR of 6.9% during the forecast period (2022 to 2030).
Top Companies in the Blister Packaging Industry:
1. Amcor PLC
Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. Amcor plc was incorporated in 2018 and is headquartered in Zürich, Switzerland. Amcor today announced the successful completion of its acquisition of Bemis Company Inc., effective 11 June 2019. In April 2021, Amcor PLC, a global packaging company launched the recyclable AmSky blister system for the healthcare packaging. It is aimed to meet the stringent requirements of regulated and specialized pharmaceutical packaging.
2. Honeywell International Inc.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. The company was founded in 1885 and is headquartered in Charlotte, North Carolina. Pharmaceutical packaging provider Honeywell launched its new cost-effective thermoformable barrier film at Pharmapack on February 2019.
3. VisiPak,
VisiPak, Inc. designs and manufactures clear plastic packaging products. The company was established in 1950, headquartered in Missouri, U.S.
4. Sonoco Products Company
Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina. Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates through two segments: Consumer Packaging and Industrial Paper Packaging. On Dec. 20, 2021 Sonoco announced it has entered into a definitive agreement to acquire Ball Metalpack, a leading manufacturer of sustainable metal packaging for food and household products and the largest aerosol producer in North America, for $1.35 billion in cash before taking into consideration tax benefits with an estimated net present value of approximately $180 million. In January 2020, Sonoco, one of the most sustainable, diversified global packaging companies, completed the acquisition of Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD
5. Clearwater Packaging Inc.
Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. It operates through two segments, Pulp and Paperboard, and Consumer Products. Clearwater Paper Corporation was founded in 1900 and is based in Spokane, Washington.
6. Constantia Flexibles GmbH
Constantia Flexibles is a manufacturer of flexible packaging headquartered in Vienna, Austria. Constantia Flexibles is one of the world's leading manufacturers of flexible packaging. The group supplies its products to numerous multinational corporations and local market leaders in the food, pet food, pharmaceuticals and beverage industries.founded in 1912.
7. Westrock Company
WestRock Company, together with its subsidiaries, provides fiber-based paper and packaging solutions in North America, South America, Europe, Asia, and Australia. It operates in four segments, Corrugated Packaging, Consumer Packaging, Global Paper, and Distribution. The company is based in Atlanta, Georgia. On December 2, 2022 WestRock Acquisition of Grupo Gondi Completed. The acquisition of Grupo Gondi includes four paper mills, nine corrugated packaging plants and six high graphic plants throughout Mexico that produce sustainable packaging for a wide range of end markets in the region. This acquisition will enhance the Company’s leading position in the growing Latin American containerboard, paperboard and consumer and corrugated packaging markets.
*Definiton- Blister packing is a form of packaging that is commonly used for tiny consumer goods, medical gadgets, and medicines. Blister packaging is often created by thermoforming a plastic sheet into several blisters, as well as a tiny pocket or cup to hold the goods.
