Global Blister packaging is a type of packaging that uses a formable web to protect and display the product. It is made from a combination of thermoformed plastic and paperboard. It is used to protect products from moisture, dust, and other contaminants. Blister packaging is used for a wide range of products, including pharmaceuticals, food, toys, and other consumer goods.
Recent developments in the Blister Packaging Market include:
1. The use of advanced materials such as polyvinyl chloride, polyethylene, polypropylene, and polystyrene to improve the structural stability and barrier properties of blister packaging.
2. The use of smart technologies such as RFID and NFC to provide enhanced product traceability and improved consumer convenience.
3. The emergence of sustainable blister packaging solutions such as biodegradable and recyclable materials.
4. The increasing use of automated blister packaging systems to reduce production time and cost.
5. The increasing adoption of child-resistant packaging solutions to prevent accidental consumption of medications.
6. The growing demand for custom blister packaging designs to differentiate products in the marketplace.
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Thermoforming is the largest technology segment of the blister packaging market.
It is a process of heating a plastic sheet to a certain temperature, stretching it over a mold, and then cooling it to form a desired shape. Thermoforming offers a wide range of design capabilities and is used for a variety of product packaging applications, including food, medical, and consumer products. The blister packaging market is projected to grow at a CAGR of 7.0% from 2021 to 2026. This growth is attributed to the increasing demand for convenience and safety packaging, as well as the growing demand for packaged products due to the rising consumer preferences for convenience and safety.
The Blister packaging Market, By Technology:
The blister packaging market, by technology, is divided into cold forming and thermoforming. Cold forming is a process that involves the use of a plastic sheet that is placed into a mold, heated, and formed into a shape. The process is fast and cost effective, making it a popular choice in the industry. Thermoforming, on the other hand, involves the use of heat to form a plastic sheet into a desired shape. It is typically used for complex shapes and is more expensive than cold forming.
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The Blister packaging Market, By Region:
The global blister packaging market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America region is expected to dominate the global blister packaging market due to the presence of advanced technology and the increasing demand for pharmaceutical packaging. Europe is expected to hold a significant share of the global blister packaging market due to the presence of many pharmaceutical companies and the rising demand for customized packaging solutions. Asia Pacific region is expected to grow at a significant rate in the forecast period due to the increasing demand for cost-effective packaging solutions and the rising penetration of multinational companies in the region. The Middle East & Africa region is expected to witness a moderate growth rate in the forecast period due to the increasing application of blister packaging in the food and beverage industry. Latin America is expected to witness a sluggish growth rate due to the lack of advanced packaging technology and the presence of limited number of pharmaceutical companies.
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Blister packaging is an economical and cost-effective solution for product packaging. The cost savings associated with blister packaging are significant, particularly when compared to traditional packaging methods. In addition to being cost-effective, blister packaging offers a range of other benefits, including improved product visibility, reduced product damage, and improved product security. As a result, the market for blister packaging is expected to continue to grow.
Top Key Players: Amcor Plc (Switzerland), DOW (US), WestRock Company (US), Sonoco Products Company (US), Constantia Flexibles (Austrai), Klockner Pentaplast Group (Germany), E.I. du Pont de Nemours and Company (US), Honeywell International Inc. (US), Tekni-Plex (US), Display Pack (US)
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