The market for sliding blister packaging is anticipated to expand at a moderate CAGR of 5.5% from 2022 to 2032. The market share for sliding blister packaging is anticipated to grow from a total value of US$ 23.9 billion in 2022 to around US$ 41 billion by 2032.
As a result of the rise in sliding blister packaging demand in the pharmaceutical industry, market players are now concentrating on the demand for practical and tamper-proof packaging.
Additionally, factors including rising OTC drug sales, rising unit dose packaging demand, and monitored dosage systems to improve patient compliance have created a sizable market opportunity for sliding blister packaging market competitors.
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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.
Global Sliding Blister Packaging Market: Introduction
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.
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Global Sliding Blister Packaging Market – Market Dynamics
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.
Global Sliding Blister Packaging Market – Market Segmentation
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.
Global Sliding Blister Packaging Market – Regional Outlook
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific excluding Japan (APEJ)
- Middle East & Africa (MEA)
- Japan
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.
Sliding Blister Packaging Market – Key Players
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.
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The report covers exhaustive analysis on
- Global Sliding Blister Packaging Market Segments
- Global Sliding Blister Packaging Market Dynamics
- Historical Actual Market Size, 2012 – 2016
- Global Sliding Blister Packaging Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain for Sliding Blister Packaging Market
- Global Sliding Blister Packaging Market Current Trends/Issues/Challenges
- Competition & Companies involved in Sliding Blister Packaging Market
- High Altitude Aeronautical Platform Stations Technology
- Value Chain of High Altitude Aeronautical Platform Stations
- Global Sliding Blister Packaging Market Drivers and Restraints
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