The global cold form blister packaging market size was worth around USD 3.6 billion in 2021 and is predicted to grow to around USD 6.7 billion by 2030 with a compound annual growth rate (CAGR) of roughly 7.0% between 2022 and 2030.
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➤ The market is being driven by the increasing demand for cold blister packaging in a variety of industries, as well as its cost-effectiveness.
Compared to alternative packaging types, such as rigid bottles, cold blister packaging requires fewer resources for packaging, occupies less space on retail shelves, and offers a superior hang-hook display, resulting in reduced costs. Cold blister packaging has become increasingly necessary in the pharmaceutical industry due to the increasing demand for practical and tamper-proof packaging. As a consequence of the increasing demand from end-use sectors including food, industrial goods, healthcare, and consumer goods, the global cold blister packaging market is expanding.
➤ Cold blister packaging is not the most effective method for packaging weighty products.
Blister packaging is typically employed to safeguard lightweight items and is not the optimal choice for the packaging of heavier items. The plastic film or paperboard that supports heavy items during packaging will be subjected to increased pressure. This could result in product loss and an increase in costs due to packaging damage during handling, storage, and shipping. Furthermore, it is not advisable to employ blister packaging for expensive and fragile products, as it may result in the product being damaged or cracked, resulting in a financial loss for the producer. This scenario may result in growth challenges for the chilly blister packaging market.
➤ Expected to generate an opportunity for market expansion is the growing demand from culinary industries.
The food industry employs cold blister packaging the most frequently. Retailers have the ability to package a diverse selection of fresh foods, such as fruit, meat, bakery goods, candies, and ice cream, in blister packets that are highly practical. In addition to ensuring that the products are displayed effectively, blisters are used to safeguard food from damage during handling and transportation.
➤ The market growth is significantly impeded by the stringent regulation of blister packaging.
The blister packaging market may encounter challenges if stringent regulations are implemented, particularly in the healthcare sector. It is imperative to adhere to regulations, as even a minor packaging defect could have a detrimental impact on the product and the manufacturer’s financial performance. The Food and Drug Administration (FDA) regulations require that the label of each blister cell contain the manufacturer’s name, the trademarked and established name, the potency, the expiration date, and a bar code. The market’s expansion for cold blister packaging could be impeded by the difficulty of meeting the requirements of such regulations, which necessitates work, expense, time, and resources.
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The Global Cold Form Blister Packaging Market is segmented based on product, application and region
Global Cold Form Blister Packaging Market: Product Segment Analysis
● Oriented Polyamide
● Aluminum
● Polyvinyl Chloride
● Polypropylene
● PE
● PET
Global Cold Form Blister Packaging Market: Application Segment Analysis
● Healthcare
● Consumer Products
● Electronics & Semiconductors
● Food & Confectionery
● Others
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The global Cold Form Blister Packaging market profiles key players such as:
● Bemis Company Inc.
● Amcor plc
● CONSTANTIA
● Winpak Ltd.
● Bilcare Research
● Uflex Limited
● Svam Toyal Packaging Industries Pvt. Ltd.
● Tekni-Plex
● Ningbo Dragon Packaging Technology Co Ltd
● Essentra plc
● Rollprint.
● Wasdell Packaging Group
● Haishun New Pharmaceutical Packaging Ltd.
● Flexi Pack.
● Accupack
???? Recent Developments:
• HERBERTSTM EPS 8760/KN75, a high-performance, intelligent adhesive, was introduced by Bostik, a leading international expert in adhesives for the commercial, industrial, and consumer markets, in April 2021. This adhesive was developed to improve the process automation of coldforming blister packaging for the pharmaceutical industry. Pharmaceutical products must comply with rigorous cleanliness and safety standards to maintain the potency of their active ingredients, as any deviation from these standards could have a negative impact on the consumer.
• In April 2021, Sepha, a company that specializes in pharmaceutical packaging and equipment, introduced a contract packaging service to address the increasing demand for small, volume production. Sepha’s new contract packaging service is designed to cater to the pharmaceutical, nutraceutical, and medical device industries. It emphasizes the provision of blister and medical device packs in limited volume runs at reasonable prices, with a fast turnaround process.
➤ The market is anticipated to be dominated by the Asia Pacific region during the forecast period.
In 2021, the Asia Pacific region held the highest global cold form blister packaging market share of over 30%, and it is anticipated that this trend will persist throughout the forecast period. China is the greatest market share holder in the Asia Pacific region due to the availability of raw materials such as PVC and aluminum. For example, the Government of Canada reported that China produced 36 million tons of aluminum in 2019, with India, Russia, and Canada following in that order. Furthermore, the market growth in the region is fostered by the presence of prominent key competitors, including Shanghai Haishun New Pharmaceutical Packaging Ltd. and Ningbo Dragon Packaging Technology Co., Ltd. Additionally, contract manufacturing is becoming increasingly prevalent in developing countries such as China and India, which is contributing to the country’s market expansion.
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