Market Size of United States Blister Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 7.61 Billion |
Market Size (2029) | USD 10.99 Billion |
CAGR (2024 - 2029) | 7.63 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
United States Blister Packaging Market Analysis
The United States Blister Packaging Market size is estimated at USD 7.61 billion in 2024, and is expected to reach USD 10.99 billion by 2029, growing at a CAGR of 7.63% during the forecast period (2024-2029).
Blister packs are pre-formed plastic packaging for various consumer goods, foods, and pharmaceuticals. These packaging solutions safeguard products from external factors like humidity and contamination, ensuring prolonged protection.
Blister packaging involves placing products in pre-formed blisters or cavities secured with cards or pads. This packaging method is widely used for various consumer goods, especially in the pharmaceutical and industrial industries. The pharmaceutical industry dominates the blister packaging market, holding a substantial share. Pharmaceutical companies prefer blister packaging because it offers enhanced product protection, streamlined distribution, unit dosage convenience, and clear product identification.
According to the United States Department of Commerce, the US population aged 85 and over is projected to triple by 2050. Clinicians and public health service providers cultivate a culture of compassion for this population and its subgroups. The prevalence of osteoarthritis and diabetes, as well as related mobility impairments, will continue to rise as people age and become more overweight. All such factors are anticipated to boost the demand for oral medication, thus propelling the demand for blister packaging in pharmaceuticals.
According to the Centers for Disease Control and Prevention (CDC), the number of people over 50 in the United States is expected to increase, reaching almost 61 million between 2020 and 2050. That means the number of people with one or more chronic diseases is expected to go up by nearly 99 million, from 71.5 million in 2020 to over 142 million in 2050.
As lifestyles evolve, consumers favor on-the-go packaging for food products, prioritizing convenience and ease of use. Confectionery and bakery manufacturers are increasingly using blister packaging to meet this demand. With the region experiencing a rise in retail sales of bakery goods, blister packaging is expected to see significant growth in the food industry.
Blister packaging raises significant environmental concerns. If not disposed of correctly, it poses risks to the environment. Additionally, specific packs that combine plastic and foil complicate the recycling process. Pharmaceutical blister packaging is one of the largest sources of solid waste. Recycling is difficult due to the complexity of these packages with multiple layers.
United States Blister Packaging Industry Segmentation
The study's scope includes processes such as thermoforming and cold forming, and materials include plastic, paper, paperboard, and aluminum for a range of end-user industries across various countries in the region, such as consumer goods, pharmaceuticals, industrial, and other end-user industries. The research also examines underlying growth influencers and significant industry vendors, all of which will help to support market estimates and growth rates throughout the forecast period.
The US blister packaging market is segmented by process (thermoforming and cold forming), material (plastic films, paper and paperboard, and aluminum), and end-user industry (consumer goods, pharmaceutical, industrial, and other end-user industries). The report offers market size and forecasts in value (USD) for all the above segments are provided.
By Process | |
Coldforming | |
Thermoforming |
By Material | |
Plastic | |
Paper and Paperboard | |
Aluminum |
By End-user Industry | |
Consumer Goods | |
Pharmaceutical | |
Industrial | |
Other End-user Industries |
United States Blister Packaging Market Size Summary
The United States blister packaging market is experiencing moderate growth, driven by factors such as the high safety standards of blister packaging solutions and the increasing demand from both manufacturers and consumers. The market is influenced by the rise in over-the-counter drugs and the adoption of innovative technologies like RFID tags, which enhance security throughout the supply chain. The pharmaceutical sector, in particular, demands blister packaging for its protective properties, cost-effectiveness, and compliance with stringent regulations. The packaging process, which involves sealing individual tablets or capsules in protective cavities, helps maintain the integrity of the medication by shielding it from contaminants. The market is also seeing a shift towards environmentally friendly solutions, with companies introducing paper-based packaging options to meet sustainability goals.
The US blister packaging market is moderately fragmented, with key players such as Amcor Ltd, Westrock Company, and Sonoco Products Company actively engaging in partnerships, mergers, and acquisitions to enhance their product offerings. The market's growth is further supported by the expansion of manufacturing facilities for solid-dose pharmaceuticals, driven by the increasing prevalence of diseases and the rising expenditure on medicine in the country. The geopolitical tensions and economic challenges, such as inflation, have impacted the global economy, but the demand for blister packaging remains robust due to its critical role in ensuring the safety and efficacy of pharmaceutical products. Companies are continuously innovating to meet the evolving needs of the market, focusing on both functionality and sustainability in their packaging solutions.
United States Blister Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Process
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2.1.1 Coldforming
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2.1.2 Thermoforming
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2.2 By Material
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2.2.1 Plastic
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2.2.2 Paper and Paperboard
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2.2.3 Aluminum
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2.3 By End-user Industry
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2.3.1 Consumer Goods
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2.3.2 Pharmaceutical
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2.3.3 Industrial
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2.3.4 Other End-user Industries
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United States Blister Packaging Market Size FAQs
How big is the United States Blister Packaging Market?
The United States Blister Packaging Market size is expected to reach USD 7.61 billion in 2024 and grow at a CAGR of 7.63% to reach USD 10.99 billion by 2029.
What is the current United States Blister Packaging Market size?
In 2024, the United States Blister Packaging Market size is expected to reach USD 7.61 billion.