Cold Form Blister Packaging Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2030
The report on the global cold form blister packaging market provides qualitative and quantitative analysis for the period from 2021-2030. The global cold form blister packaging market was valued at USD 3380.1 million in 2022 and is expected treach USD 5123.9 million in 2030 with a CAGR of 4.6% during the forecast period 2023-2030. The study on cold form blister packaging market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
Cold form blister packaging, alsknown as aluminum blister packaging or cold-formed foil blister packaging, is a precise type of pharmacological packaging widely used in the pharmaceutical and healthcare industries. Due trising unhealthy lifestyles and chronic diseases such as diabetes, cardiovascular illnesses, and obesity, the pharmaceutical industry is growing thus the market for cold-form blister packaging is expanding significantly. Cold form blister packaging is widely used in the developing pharmaceutical sector as it provides a safe and practical way tpackage and safeguard pharmaceutical items. Also, the demand for cold form blister packaging is rising as ready-to-eat food products become more and more popular. Thus, as Food and beverages industry expands the market share of the cold-form blister packaging market alsincreases.
The global cold form blister packaging market is bifurcated By Material Type and By Application, the segment is further bifurcated intHealthcare (Tablets & Capsules, Inhalants), Consumer products, Electronics & Semiconductors, Food, and Industrial goods). The healthcare segment is anticipated tdominate the market growth during the forecast period. Pharmaceuticals and medical supplies are both included in the healthcare sector's substantial use of cold-form blister packaging. It is employed by the pharmaceutical sector tpackage a variety of goods, such as pills, capsules, tablet medications, containers, ampoules, syringes, and liquids. Cold form foils with features like push-through, peelable, peel-push, tear-open, and child resistance are produced depending on the needs of pharmaceutical clients across the globe.
The global cold form blister packaging market is segmented intAsia Pacific, North America, Europe, the Middle East & Africa, and South America. North America is predicted tbe the dominating region within the global market share. As the North American region is widely growing in the Pharma sector and other industrial sectors the market share of the region has the potential tgrow at a faster rate. For instance, “ In 2021, North America was responsible for 49.1% of global pharmaceutical sales, compared tEurope's 23.4%. Moreover, due trising disposable income, the demand for ready-to-eat meals in the North American region has surged.
Report Findings
1) Drivers
Rising pharmaceutical demand brought on by a rise in lifestyle disorders drives the market for cold-form blister packaging.
The growing popularity of ready-to-eat food products is leading tan increase in demand for cold-form blister packaging solutions.
2) Restraints
The availability of raw materials can limit the cold-form blister packaging market growth.
3) Opportunities
Due trapid urbanization and rising disposable income levels in emerging economies sectors such as cosmetics & personal care are growing thus, the demand for cold form blisters is alsrising.
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global cold form blister packaging market is segmented on the basis of material type, and application.
The Global Cold Form Blister Packaging Market by Material Type
Oriented-Polyamide
Aluminum
Polyvinyl Chloride
Polypropylene
Others
The Global Cold Form Blister Packaging Market by Application
Healthcare
Tablets & Capsules
Inhalants
Consumer Products
Electronics & Semiconductors
Industrial Goods
Others
Company Profiles
The companies covered in the report include
Honeywell International Inc.
Constantia Flexibles
SonocProducts Company
Tekni-Plex, Inc.
Amcor plc
Bilcare Limited
Wasdell Packaging Group
FlexiPack
UFlex Limited
GREEN PACK FOILS PVT. LTD.
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the cold form blister packaging market.
2. Complete coverage of all the segments in the cold form blister packaging market tanalyze the trends, developments in the global market and forecast of market size up t2030.
3. Comprehensive analysis of the companies operating in the global cold form blister packaging market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus tinvest, consolidate, expand and/or diversify.