The sliding blister packaging market is predicted to grow at a moderate CAGR of 5.5% during the forecast period covering 2022 to 2032. The sliding blister packaging market share is estimated to reach a value of nearly US$ 41 Billion by 2032 expanding from a total worth of US$ 23.9 Billion in 2022.
| Attributes | Details |
|---|---|
| Sliding Blister Packaging Market Share (2021) | US$ 22.7 Billion |
| Sliding Blister Packaging Market Size Value (2022) | US$ 23.9 Billion |
| Sliding Blister Packaging Market Size Value (2032) | US$ 41 Billion |
| Sliding Blister Packaging Market Growth Rate (2022 to 2032) | 5.5% |
The demand for sliding blister packaging in the pharmaceutical business has increased, and as a result, the market participants are shifting their focus to the rising requirement for practical and tamper-proof packaging.
Additionally, factors such as increasing OTC medicine sales, increased demand for unit dose packaging, and monitored dosage systems for enhancing patient compliance have generated a huge opportunity for the sliding blister packaging market players.
In present years the major end-user verticals of sliding blister packaging products are getting diversified with its adoption by several consumer handy items such as home appliances and electronic devices.
Sighting this opportunity, many start-ups have come up in non-industrial economies to serve the packaging sector particularly. Provisioning of sliding blister packaging machine on the site is a very recent model taken up by many players to expand their business and strengthen their client base.
Further integration of other new technologies for making the product more useful and market-oriented is getting more traction these days. Many manufacturers may now include radio-frequency identification (RFID) tags in blister packets to streamline supply-chain management, thanks to the adoption of technology improvements by the food and pharmaceutical industries.
As the major objective of the packaging of pharmaceutical products continues to be protecting the integrity of the structure, and like in many other sectors of the packaging business, efforts are being made to lower the cost of the manufacturing procedure. Moreover, the ever-increasing concern for plastic pollution has severely affected the whole market penetration of sliding blister packaging companies.
The production processes in sliding blister packaging industries are also changing due to items like child-resistant packaging with push-through, peel-able, pressure-sensitive, and anti-lock mechanisms. On the other hand, strict regulatory requirements and rising demand for generic medications have emerged as major challenges for the existing and new market players alike.
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Packaging comprises a combination of components which are essential to preserve and protect products from biological contamination and physical damages. But with the increasing complexity of packaging materials and the nature of product packaged causes a problem for the manufacturer to choose the perfect material for packaging.
To overcome such significant problem, manufacturers have adopted thermoforming technology which renders aseptic packaging solution along with high product visibility.
One such form of thermoforming packaging which is extensively prevalent across the pharmaceutical industry is sliding blister packaging market. The design of sliding blister packaging is relatively simpler which renders convenience of easy product removal which is encased in a printed paperboard. The global blister packaging market accounts for more than 17 percent of pharmaceutical packaging market.
With manufacturers of sliding blister packaging are increasingly gaining traction across other industries such as food, cosmetic, general industries, and automobile. Moreover, sliding blister packs are highly advantageous for long distance transportation which ultimately saves an immense distribution cost of manufacturers. With manufacturers operating in APEJ region are highly preferring sliding blister packaging solution for components and products.
The rising health awareness among the consumers about the aseptic packaging is one of the prominent reasons of gaining demand for sliding blisters packaging market. Such form of packaging has helped to increase the shelf life of perishable products which has contributed to increasing its application use across the food industry. Moreover, the use of paperboard in sliding blister packaging, it has aided manufacturers to saves the sealing cost.
Also, the manufacturer is increasingly focusing on eco-friendly packaging solution, and with sliding blister packaging, the quantity of packaging required for packaging are reduced. Also, the material used in sliding blister packaging is recycled, this is one of the reasons for high preference of sliding blister packaging market. Such factors are directly fueling the demand for sliding blister packaging market across food and pharmaceutical industries.
On the flip side, manufacturers are constantly facing repercussion with local authorities for the increasing use of plastic material for manufacturing packaging products. Such factors are proving to be a backlash for manufacturers which is directly hindering the sales of packaging manufacturers.
Principal Consultant
Geographically, the sliding blister packaging market is segmented into end user base and material type. On the basis of end user base the sliding blister packaging market is segmented into food, pharmaceutical, cosmetic, automobile, personal and healthcare, general industries, others. On the other hand, the material type of the sliding blister packaging market is segmented into plastic and paperboard.
Whereas, the plastic market of the global sliding blister packaging market is further sub segmented into polyethylene terephthalate (PET), cyclic olefin copolymer (COC), cyclic olefin polymer (COP), polychlorotrifluoroethylene (PCTFE), polyvinylidene chloride (PVC), ethylene vinyl alcohol (EVOH), others.
The global sliding blister packaging market is monopolized by APEJ region, with countries such as China and India accounting a larger share of sliding blister packaging market.
The growth rate of pharmaceutical market is burgeoning across the region of Japan and North America, this is anticipated to fuel the demand for sliding blisters packaging market. Overall the demand for sliding blister packaging market is projected to showcase a strong growth over the forecast period.
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Some of the key players operating in the global sliding blister packaging market include Aikpak Plastic Forming, Ecobliss Hoilding BV, KPAK, National Plastics, Inc., Rohrer Corporation, Display Pack, Inc., Tekni-Plex, VisiPak, Blsiterpak, Inc.
North America Sliding Blister Packaging Market
Latin America Sliding Blister Packaging Market
Western Europe Sliding Blister Packaging Market
Eastern Europe Sliding Blister Packaging Market
Asia Pacific Sliding Blister Packaging Market
Japan Sliding Blister Packaging Market
Middle East and Africa Sliding Blister Packaging Market
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Sliding Blister Packaging Market
