PHARMA BLISTER PACKAGING MARKET ANALYSIS

Pharma Blister Packaging MarketSize and Trends

Market Dynamics:-

Increasing demand for pharma blister packaging across the globe is driving pharma blister packaging market growth. This is owing to its advantages over alternatives such as cost-effectiveness, enhanced durability, tamperproof, it improves shelf life, and lower risk of contamination. Pharma blister packaging is a plastic packaging and its function is to protect the packaged material from air, moisture, and contamination from external sources.

However, stringent government regulations on pharma blister packaging is expected to restrain growth of the global market. For instance, the U.S. government has prescribed stringent set of specification under regulation US 21 CFR and USP 34 NF 29 for controlling the quality of packaging material. Therefore these stringent norms are expected to hinder the market growth.

Market Outlook:-

Among technology, thermoforming segment accounted for the significant market share in global pharma blister packaging in 2018. Thermoformed plastics are versatile, lightweight, and aesthetically pleasing. Cold formed plastics have more tensile strength and stiffness. Blister cards are used in the pharmaceuticals industry, and they are manufactured by heat sealing a sheet foil.

Europe was accounted for significant market share in the global pharma blister packaging market in 2017 and expected to increase during forecast period. This owing to new product launches by key players in the European market. For instance, in 2016, Klockner Pentaplast launched Pentapharm LiquiGuard, a new range of pharmaceutical blister films. The new film offers low leachability, high heat stability, odor & flavor retention, and one stage forming & packaging of hot-fill products. The product can be used in wide range of applications such as nutraceuticals, chewables, pharmaceuticals, unit dose liquids, veterinary, and formulations sensitive to flavor or odor loss packaging.