The Blister Packaging Market is anticipated to cross USD 35 Billion by 2028
The pharmaceutical industry's growing desire for easy and tamper-proof packaging has increased demand for blister packaging. Furthermore, factors such as increased demand for unit dose packaging, OTC medicine sales, and monitored dosage systems for improving patient compliance are propelling market expansion. Furthermore, advances in technology in the pharmaceutical and food industries have enabled manufacturers to embed radio-frequency identification (RFID) tags in blister packets to facilitate supply-chain management. Furthermore, items such as child-resistant packaging with push-through, peelable, pressure-sensitive, and anti-lock mechanisms are changing manufacturing procedures. Other factors driving the market include an increase in the prevalence of lifestyle illnesses, an aging population, stringent regulatory requirements, and an increase in the need for generic pharmaceuticals. The quick shift in consumer preference for blister packaging, which is unit-dose packaging, for pharmaceutical items from traditional bottles Blister packing is utilized in the pharmaceutical and medical device industries. These containers are widely used in the consumer, industrial, and food industries. Furthermore, blister packaging uses fewer packaging resources, takes up less retail shelf space, and gives a superb hang-hook display. As a result, blister packs are less expensive than alternative packaging styles, such as hard bottles, making them cost-effective. Blister packaging is expected to develop rapidly in emerging economies such as Brazil, Russia, India, China, Colombia, and South Africa in the coming years as a result of improving demographics, rising household incomes, changing consumer lifestyles, and encouraging a rising preference for on-the-go products. These factors promote changes in lifestyle and will drive the demand for convenience in terms of packaging and use.
According to the research report, “Global Blister Packaging Market Outlook, 2028” published by Bonafide Research, the market is anticipated to cross USD 35 Billion by 2028, increasing from USD 24.58 Billion in 2022. The market is expected to grow with 6.32% CAGR by 2023-28. Consumer demand for pharmaceutical items has increasingly evolved away from traditional bottles and toward unit-dose blister packaging. Blister packs are used to package drugs and medical equipment in the healthcare industry. They have a variety of other applications in the culinary, industrial, and consumer goods industries. Blister packaging also provides an excellent hang-hook display, requires fewer packing resources, and takes up less shelf space. Blister packs are so much less expensive than other types of packaging, such as hard bottles, and thus more cost-effective. Buyers are shifting away from unit-dose packaging, such as standard pharmaceutical bottles, and toward blister packaging. Pharmaceutical blister packing is used in the healthcare business for drugs and medical devices. Furthermore, they are commonly employed in a variety of industrial, consumer, and food and beverage products. Blister packaging uses fewer packaging resources, takes up less space on retail shelves, and offers a superior hang-hook presentation. Blister packing is therefore less expensive than other packaging methods, including hard bottles, and is therefore more economical. In the blister packaging industry, there is a rising need for eco-friendly packaging options as environmental concerns gain traction. In order to lessen the environmental effect of blister packing, manufacturers are increasingly using eco-friendly materials, including recycled plastics and biodegradable substrates. This pattern is consistent with the global movement towards the adoption of more sustainable practices and the reduction of plastic waste. In today's cutthroat retail environment, product exposure and brand uniqueness are essential. Blister package makers are offering greater customization possibilities, allowing firms to develop unique packaging designs that stand out on the shelf. This tendency is especially noticeable in the consumer goods sector, where consumers' decisions are heavily influenced by visual appeal.