Market Size of United States Blister Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.60 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
US Blister Packaging Market Analysis
The US blister packaging market is expected to register a CAGR of 5.6% during the forecast period. There Russia-Ukraine war has had an impact on the overall packaging ecosystem. The outbreak of COVID-19, growth in regulatory norms worldwide, population health management, new inventions, more informed customers, and an increase in OTC drugs have augmented packaging growth.
- Blister packaging is witnessing moderate growth in the United States. The high safety offered by blister packaging solutions augments the demand for these solutions. The strict regulations and demand from manufacturers and consumers alike have led to growth in the usage of blister packages. An increase in over-the-counter drugs has also provided an impetus to the market.
- Innovative technologies in blisters, such as RFID (radio frequency identification tags), deployed with a seal applied outside the packaging, are increasing due to the potential to offer individual security throughout supply chains. Contamination of samples in blisters only occurs when the protective barrier is broken when a single capsule or tablet is dispensed or administered.
- Vendors are also focusing on environmentally friendly blister packaging solutions and are introducing paper-based packaging. For instance, in July 2021, Hutamaki Oyj launched Push Tab, a paper-based blister solution for the healthcare industry. The product is certified by FSC and is designed to meet the stringent safety requirements of regulated pharmaceutical packaging.
- Under the blister packaging process, individual tablets or capsules are sealed within their cavity, usually made of thermo-formed plastic or cold-form aluminum, protecting the drug from contaminants such as moisture and oxygen by a barrier of foil, film, or paperboard. Also, according to the US Census Bureau, the manufacturing of pharmaceutical products could reach 365 thousand by the end of 2024. This further drives the market studied in the country.
- Russia's invasion of Ukraine has dealt a blow to the global economy, weakening the post-pandemic recovery and aggravating already-high inflation. Even if the worst fears of rising geopolitical tensions and more significant economic disruptions do not materialize, private forecasters anticipate an inflationary slump in the world economy. In this context, the US economy faces significant headwinds from higher food, energy, and raw material prices. Private forecasters do not anticipate a robust fiscal/monetary policy mix to quell surging prices through 2023, raising concerns that above-target inflation could become entrenched. The war's economic damage will partly depend on the persistence of high inflation and economic 'scarring' over the medium to long term.
US Blister Packaging Industry Segmentation
Blister packaging, or blister packs, are pre-formed packaging materials composed of a thermoformed plastic cavity and a pliable lid. The study tracks the market for blister packaging specific to the United States through value (USD Million) accrued from the sale or consumption of blister packaging offered by vendors. The US blister packaging market is segmented by Process (Thermoforming, Cold forming), Material (Plastic Films, Paper, Paperboard, Aluminum, Other Materials), End-User Industry (Consumer Goods, Pharmaceutical, Industrial, Other End-User Industries). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
By Process | |
Thermoforming | |
Coldforming |
By Material | |
Plastic Films | |
Paper and Paperboard | |
Aluminum | |
Other Materials |
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 Market Drivers
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1.2.1 Growing Geriatric Population and Prevalence of Diseases
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1.2.2 Product Innovations Such as Downsizing Coupled with Relatively Low Costs
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1.3 Market Challenges
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1.3.1 Stringent Government Regulations
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1.4 Industry Attractiveness - Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Intensity of Competitive Rivalry
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1.4.5 Threat of Substitutes
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1.5 Assessment of the impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Process
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2.1.1 Thermoforming
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2.1.2 Coldforming
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2.2 By Material
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2.2.1 Plastic Films
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2.2.2 Paper and Paperboard
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2.2.3 Aluminum
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2.2.4 Other Materials
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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
What is the current United States Blister Packaging Market size?
The United States Blister Packaging Market is projected to register a CAGR of 5.60% during the forecast period (2024-2029)
Who are the key players in United States Blister Packaging Market?
Amcor PLC, Westrock Company, Constantia Flexibles GmbH, Sonoco Products Company and Du Pont De Nemours and Company are the major companies operating in the United States Blister Packaging Market.