BLISTER PACKAGING MARKET ANALYSIS

Blister Packaging Market, By Product Type (Clamshells, Trapped Blisters, Face Seal Blisters, and Blister Cards), By Technology (Thermoforming and Cold Forming), By Material Type (Plastic, Paper & Paperboard, and Aluminum), By Application (Consumer Goods, Pharmaceuticals, Electronics & Semiconductors, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).

Published In : Mar 2024
Code : CMI694
Pages :120
Formats :
Excel and PDF
Industry : Packaging

Market Challenges: Fluctuations in raw material costs

The blister packaging market faces certain challenges. Raw material costs are volatile and increasing frequently. Additionally, manufacturers face pressures to reduce packaging costs while improving user convenience features. Regulatory compliance for pharmaceutical packaging grows more stringent each year. Environmental concerns are rising over non-biodegradable plastic materials commonly used. Manufacturers must overcome these resource and operational hurdles to produce profitable, compliant products.

Market Opportunities: Growth sectors like pharmaceuticals and consumer goods

Growth sectors like pharmaceuticals and consumer goods rely heavily on the tamper evidence and extended shelf life these packages provide. As populations age, demand will increase for convenient, individually packaged single-dose products. Developing economies seek more accessible healthcare, augmenting necessity for effective drug delivery and storage options. Advancements in material science may yield lower-cost, eco-friendlier alternatives to traditional plastics.