What Was The Growth Path of The Blister Packaging Machinery Consumption Market In The Historic Period?
The Blister Packaging Machinery Consumption Market has registered tangible growth in past years.
• The market surged from $25.42 billion in 2024 to $27.62 billion in 2025, recording a compound annual growth rate (CAGR) of 8.6%.
This growth can be linked to various factors including the flourishing pharmaceutical and healthcare industries, the rise in over-the-counter (OTC) drug sales, growing demand for tamper-evident and child-resistant packaging, and the expansion of consumer goods and electronics packaging due to stringent regulatory requirements.
What Can Be Expected From The Blister Packaging Machinery Consumption Market In The Future?
The blister packaging machinery consumption market is poised for considerable growth in the coming years.
• It is projected to reach $39.6 billion by 2029 at an impressive CAGR of 9.4%.
Main drivers propelling this growth include the rise in contract manufacturing and packaging services, improvement in healthcare access, increasing demand for sustainable and eco-friendly packaging solutions, and the increasing use of blister packaging in cosmetics and personal care. Innovations such as industry 4.0 technologies and smart packaging solutions will also shape the growth trajectory during the forecast period.
What Factors Are Expected To Drive The Growth of the Blister Packaging Machinery Consumption Market?
A surge in demand for the pharma industry is set to drive the blister packaging market. Rising healthcare spending and increasing insurance penetration are pushing the demand for medicine which, in turn, is boosting the consumption of blister packaging machinery designed to protect products from environmental factors. By 2024, India's pharmaceutical industry is projected to reach $65 billion and $130 billion by 2030 according to Invest India, leading to a corresponding growth in the blister packaging machinery consumption market.
How is the Blister Packaging Machinery Consumption Market Segmented?
The blister packaging machinery consumption market can be divided as follows:
1) By Technology: Thermoforming, Cold Forming
2) By Type: Carded, Clamshell
3) By Material: Plastic, Paper, Aluminum
4) By Application: Pharmaceutical Industry, Food Industry, Cosmetics And Personal Care, Consumer Electronics
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What Are Some Emerging Trends in the Blister Packaging Machinery Consumption Market?
New product innovations in packaging design are a major trend gaining traction in the blister packaging machinery consumption market. Companies are focused on developing new product innovations to strengthen their market position. For instance, in April 2022, Huhtamaki, a Finland-based consumer packaging company, launched Push Tab blister lid, a recyclable PET blister lidding compatible with high-performance blister packaging lines without the need for modifications or additional investment.
Who are the Major Players in the Blister Packaging Machinery Consumption Market?
Key players making a significant impact in the blister packaging machinery consumption market include:
• WestRock Company
• Sonoco Products Company
• Tekni-Plex Inc.
• Display Pack Inc.
• Pharma Packaging Solutions
• Winpak Ltd.
• SteriPack Group
• DuPont de Nemours Inc.
• Perlen Packaging, Uhlmann Group
• Industria Macchine Automatiche S.p.A.
How Does The Regional Landscape Look For The Blister Packaging Machinery Consumption Market?
In 2024, Asia-Pacific was the largest region in the blister packaging machinery consumption market. However, North America is set to be the fastest-growing region in the forecast period. The report covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
