Pharmaceutical Blister Packaging Market
Over the last decade, the global market landscape has changed dramatically and this period have been critical for the pharmaceutical industry. Until the mid-1990s, the United States, Europe, and Japan supplied 90% of the world's APIs (Active Pharmaceutical Ingredients). However, in the last ten years, changing market clusters, trade issues, and shifting manufacturing bases have shifted the focus to the Asia Pacific region. According to a recent study, China manufactures more than 40% of all APIs worldwide; however, India and China are the primary sources, accounting for more than 75% of API imports into the United States.
Global pharmaceutical blister packaging Market was valued at USD 6.55 billion in 2021 and is expected to reach USD 10.39 billion by 2029, registering a CAGR of 5.60% during the forecast period of 2022-2029. "Polyvinyl chloride (PVC) " accounts for the largest material segment in the pharmaceutical blister packaging market owing to its lightweight, low cost, excellent barrier properties and inert nature.
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Some of the major players operating in the pharmaceutical blister packaging market are Schott (Germany), Amcor plc (Switzerland), Dow (U.S), AptarGroup, Inc., (US), Klöckner Pentaplast (Germany), West Pharmaceutical Services, Inc. (US), Berry Global Inc. (US), Honeywell International, Inc. (U.S), ACG (India), Nipro (Japan), Gerresheimer AG (Germany), Catalent Inc., (US), and WestRock Company (US) among others.
Global Pharmaceutical Blister Packaging Market Scope
The pharmaceutical blister packaging market is segmented on the basis of product type, technology type, material and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Clamshell
- Carded
On the basis of product type, the pharmaceutical blister packaging market has been segmented into clamshell and carded.
Technology Type
- Cold Forming
- Thermoforming
On the basis of technology type, the pharmaceutical blister packaging market has been segmented into cold forming and thermoforming.
Material
- Polyethylene Terephthalate,
- High Density Polyethylene (HDPE)
- Polyvinyl Chloride (PVC)
- Low Density Polyethylene (LDPE)
- Aluminum
- Paper and Paper Board
The pharmaceutical blister packaging market has also been segmented on the basis of material into polyethylene terephthalate, high density polyethylene (HDPE), polyvinyl chloride (PVC), low density polyethylene (LDPE), aluminum, paper and paper board. Polyethylene terephthalate includes PET, PETE, PETG or Polyester. Polyvinyl chloride (PVC) is the highest growing segment as compared to other materials as it the most popular raw material and is used owing to its light weight, low cost, excellent barrier properties and inert nature.
Application
- Tablets
- Capsules
- Powders
- Medical Devices
On the basis of application, the pharmaceutical blister packaging market is segmented into tablets, capsules, powders and medical devices.
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Pharmaceutical Blister Packaging Market Regional Analysis/Insights
The pharmaceutical blister packaging market is analyzed and market size insights and trends are provided by country, product type, technology type, material and application as referenced above.
The countries covered in the pharmaceutical blister packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the pharmaceutical blister packaging market because of the presence of major pharmaceutical companies, availability of advanced technological research platforms and the increasing funding towards research and development.
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