Market Size of Ampoules and Blister Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 7.49 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Ampoules & Blister Packaging Market Analysis
The ampoules and blister packaging market registered a CAGR of 7.49% over the forecast period 2021 - 2026. The ampoules and blister packaging have common benefits in terms of dosage, serving size and customization according to the products and their application.
- The rising need for product safety through tamper-evident packaging from manufacturers, consumer, and regulatory organizations, have been instrumental in the adoption of ampoules and blister packaging across the pharmaceutical and food industry.
- Also, the rising geriatric ages are increasing the consumption of medicines across the world. According to the Energy Source Outlook 2018, the proportion of the population above 65 years of age is expected to cross 14% by the year 2025 from over 10% in 2016.
- The cases of pharmaceutical counterfeits have been increasing year on year globally. The protection of pharmaceuticals is necessary for any company to retain its client, revenue growth, and brand reputation. WHO estimated 116 thousand deaths occurred due to pharmaceutical counterfeits in sub-Saharan Africa. Ampoules and blister packaging allow prevention from counterfeit tamper-evident incidences, driving the market growth for these packaging solutions.
- The use of innovative technologies in ampoules and blisters, such as radio frequency identification (RFID) tags, deployed with a seal applied outside the packaging, are growing, owing to the potential to provide individual security throughout supply chains. Also, the expansion of rural healthcare infrastructure is expected to drive the ampoules and blister packaging market over the forecast period.
- However, due to volatile raw material prices and stringent government regulations in certain end-user industries are limiting the adoption of ampoules and blister packaging market.
Ampoules & Blister Packaging Industry Segmentation
The scope of the study for ampoules and blister packaging market is limited to the solutions offered by vendors made of different materials and their respective applications in a wide range vertical globally.
By Packaging Type | |
Ampoules | |
Blisters |
By Material | |
Plastic | |
Glass | |
Aluminium | |
Other Materials |
By End-user Vertical | |
Consumer Goods | |
Pharmaceuticals and Healthcare | |
Personal care | |
Industrial | |
Other End-user Verticals |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
Latin America | |
Middle East & Africa |
Ampoules and Blister Packaging Market Size Summary
The ampoules and blister packaging market is experiencing significant growth, driven by the increasing demand for tamper-evident packaging solutions in the pharmaceutical and food industries. This demand is largely fueled by the need for product safety and the rising geriatric population, which is contributing to higher medicine consumption globally. The prevalence of pharmaceutical counterfeits has further propelled the adoption of these packaging solutions, as they offer protection against tampering and counterfeiting. Innovative technologies, such as RFID tags, are being integrated into ampoules and blister packaging to enhance security throughout supply chains. Additionally, the expansion of rural healthcare infrastructure is expected to bolster market growth, despite challenges posed by volatile raw material prices and stringent regulations in certain sectors.
In Europe, the market is gaining momentum due to the incorporation of sustainable materials like green plastics and biodegradable options in packaging production. This shift aligns with the region's stringent environmental regulations, encouraging manufacturers to minimize packaging size. The UK, with its robust pharmaceutical industry, is a key player in this market, benefiting from substantial investments in research and development. The competitive landscape is moderately fragmented, with several players like Amcor Limited and Keystone actively pursuing expansion strategies and innovative solutions to meet the growing demand. These developments highlight the dynamic nature of the ampoules and blister packaging market, with significant opportunities for growth and investment.
Ampoules and Blister Packaging Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Geriatric Population and Prevalence Of Diseases
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1.2.2 Counterfeit and Tamper-Evident Design for Product Protection
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1.3 Market Restraints
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1.3.1 Volatile Raw Material Prices
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1.3.2 Stringent Government Regulations in Certain End-user Industries
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1.4 Industry Value Chain Analysis
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1.5 Industry Attractiveness - Porter's Five Force Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Packaging Type
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2.1.1 Ampoules
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2.1.2 Blisters
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2.2 By Material
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2.2.1 Plastic
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2.2.2 Glass
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2.2.3 Aluminium
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2.2.4 Other Materials
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2.3 By End-user Vertical
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2.3.1 Consumer Goods
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2.3.2 Pharmaceuticals and Healthcare
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2.3.3 Personal care
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2.3.4 Industrial
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2.3.5 Other End-user Verticals
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2.4 Geography
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2.4.1 North America
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2.4.2 Europe
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2.4.3 Asia-Pacific
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2.4.4 Latin America
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2.4.5 Middle East & Africa
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Ampoules and Blister Packaging Market Size FAQs
What is the current Ampoules and Blister Packaging Market size?
The Ampoules and Blister Packaging Market is projected to register a CAGR of 7.49% during the forecast period (2024-2029)
Who are the key players in Ampoules and Blister Packaging Market?
Amcor Limited, WestRock Company, Constantia Flexibles International Gmbh, Sonoco Products Company and Klockner Pentaplast Group are the major companies operating in the Ampoules and Blister Packaging Market.