Pharmaceutical Blister Packaging Market Size 2023-2028: Amcor PLC, WestRock Company, Constantia Flexibles, Renolit SE, Carcano Antonio

According to MarkNtel Advisors study the Global Pharmaceutical Blister Packaging Market is projected to grow at a CAGR of around 5.4% during the forecast period, i.e., 2023-28.

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Key Findings of the Study: Pharmaceutical Blister Packaging market

Key Trends in the Market

• The Advent of Cost Effective and Eco-Friendly Blister Packages

Citing the hazardous impact of single-use plastics and materials like PVC, PVDC, foil, etc., on the environment, manufacturers are adopting eco-friendly raw materials for blister packages, making a substantial shift towards sustainability. For instance, Bilcare Research Inc., a blister packaging manufacturer, launched ECOmply, which blends PVC film with a special additive to make it biodegradable. In fact, companies are willing to procure eco-friendly blister packaging machines suitable for packaging products from low to high volume production potential. Along similar lines, the leading players are relentlessly investing in R&D activities to develop eco-friendly and cost-effective pharma blister packaging that can withstand mechanical, thermal, and biological stress during the blister-forming process.

Growth Opportunities

• Innovation in Pharmaceutical Blister Packaging Solutions

Integrating the blister packaging with robust technologies might bring a plethora of opportunities for the new entrants seeking to invest and getting benefitted out of this lucrative possibility. As such, Innovation in blister packaging can simplify product tracking on smartphones with real-time reminders regarding patients' medicine intake. It may also lead disabled persons, like the blind identify pharmaceutical drug requirements and details printed on blister packs. Thus, companies may focus on developing pharmaceutical blister packaging solutions with attributes that offer easy access to basic product information.

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Scope of the Report and Pharmaceutical Blister Packaging Market Segmentation:

 By Material Type

• Polyethylene Terephthalate (PET)
• Polyethylene (PE)
• Polyvinyl Chloride (PVC)
• Aluminium
• Others (Polyolefin (PO), Paper Solutions, etc.)

By Technology

• Thermoforming
• Cold Forming

By Application

• Tablets and Capsules
• Syringes
• Ampoules
• Medical Device
• Others (Vials, etc.)

Here, Thermoforming Technology is expected to attain a swift growth pace during the forecast period.

Pharmaceutical Blister Packaging Market Development:

• April 2022: Amcor revealed the customer trials of the world's first recyclable Polyethylene-based thermoform blister packaging, AmSky, marking a breakthrough innovation in blister packaging. The packaging is in line with the highly specialized and regulated pharmaceutical packaging. The design uses a Polyethylene (PE) thermoform blister and lidding film instead of PVC (PolyVinyl Chloride).

Geographical Analysis:

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Among all regions, North America is anticipated to exhibit enormous growth potential in the Global Pharmaceutical Blister Packaging Market during the forecast period.

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