PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1446993
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1446993
Cold Form Blister Packaging Market Forecasts to 2030 - Global Analysis By Material (Polypropylene, Aluminum, Oriented Polyamide, Polyvinyl Chloride, Polyethylene, Polyethylene Terephthalate and Other Materials), Application, and By Geography
According to Stratistics MRC, the Global Cold Form Blister Packaging Market is accounted for $4.21 billion in 2023 and is expected to reach $7.54 billion by 2030 growing at a CAGR of 8.7% during the forecast period. Cold form blister packaging is a method of packaging pharmaceuticals and other sensitive products where the blister is formed at room temperature rather than being pre-formed. It involves a combination of PVC, aluminum, and a cold-form foil, typically composed of aluminum with a layer of plastic. Cold forming allows for deep cavities, intricate designs, and improved barrier properties compared to thermoformed blisters. This packaging technique is widely used in the pharmaceutical industry for its ability to maintain product stability and extend shelf life.
According to the International Federation of Pharmaceutical Manufacturers & Associations, in 2020, 53 new medicines were launched, while currently, more than 9,000 compounds are at different stages of development globally.
Market Dynamics:
Driver:
Pharmaceutical industry growth
Cold form blister packaging is extensively utilized in the pharmaceutical sector for its ability to provide high barrier properties, ensuring the safety, integrity, and shelf-life of sensitive drugs. As the pharmaceutical industry continues to expand globally, the demand for cold form blister packaging rises. Moreover, these industries' emphasis on compliance with stringent regulatory standards, such as those imposed by the FDA in the United States and the European Medicines Agency (EMA) in Europe, further drives the adoption of cold form blister packaging.
Restraint:
High initial investment
Investing in state-of-the-art machinery capable of producing high-quality cold form blister packaging involves significant upfront costs. These machines are complex and require specialized knowledge for operation and maintenance, further adding to the initial investment burden. Moreover, the procurement of raw materials, including aluminum foil and specialized laminates, can further impact investment planning and the profitability of this market.
Opportunity:
Technological advancements
Advancements encompass various aspects of manufacturing processes, materials, and design capabilities, contributing to the enhancement of product quality, efficiency, and customization. Their design capabilities allow for greater customization and personalization of cold form blister packaging. Furthermore, innovative printing technologies enable intricate designs, branding, serialization, and regulatory requirements, which thereby drive this market size.
Threat:
Lack of awareness
Manufacturers and stakeholders within the pharmaceutical and healthcare industries may lack sufficient education about cold form blister packaging. Without adequate education, companies may overlook cold form blister packaging as a viable solution for their packaging needs or may struggle to implement it effectively. Additionally, consumers may also lack awareness of the advantages offered by cold form blister packaging, which can impede this market further.
Covid-19 Impact
The COVID-19 pandemic has presented various challenges to the cold-form blister packaging market. As the pandemic disrupted global supply chains and manufacturing operations, it led to supply chain disruptions, raw material shortages, and logistical challenges. Additionally, stringent lockdown measures and social distancing regulations hindered business operations, leading to project delays and decreased investments in packaging technologies and infrastructure upgrades, potentially impacting the demand for cold-form blister packaging.
The polyvinyl chloride (PVC) segment is expected to be the largest during the forecast period
The polyvinyl chloride (PVC) segment is estimated to hold the largest share due to its crucial role in providing essential features to the packaging process. It is a thermoplastic polymer known for its versatility, durability, and cost-effectiveness, making it a preferred material for blister packaging. Additionally, these films are typically rigid and resistant to punctures and can be easily thermoformed at relatively low temperatures during the packaging process, thereby boosting this segment's expansion.
The healthcare segment is expected to have the highest CAGR during the forecast period
The healthcare segment is anticipated to have highest CAGR during the forecast period due to its stringent requirements for product protection, tamper resistance, and patient safety. Healthcare products, particularly pharmaceuticals, require protection from environmental factors such as moisture, oxygen, and light to maintain their efficacy and stability. Moreover, the healthcare industry often deals with a wide range of product shapes and sizes, requiring a flexible packaging solution, which is driving this segment's growth.
Region with largest share:
Europe commanded the largest market share during the extrapolated period owing to increased adoption of cold form blister packaging across various industries, particularly pharmaceuticals and healthcare. Some of the major players are also increasingly relying on cold form blister packaging due to its superior barrier properties, ensuring the protection of sensitive drugs from moisture, oxygen, and contamination. In addition, the region's growing aging population and the rising prevalence of chronic diseases have further fueled the demand for this market in this region.
Region with highest CAGR:
North America is expected to witness highest CAGR over the projection period, owing to the use of a special aluminum-based laminate that provides high barrier properties, making it suitable for protecting sensitive pharmaceuticals and healthcare products. Moreover, in North America, the stringent regulations imposed by regulatory bodies such as the FDA regarding packaging and labeling also contributed to the adoption of cold-form blister packaging, which is thereby propelling this region's expansion.
Key players in the market
Some of the key players in the Cold Form Blister Packaging Market include UFlex Limited, Amcor plc, SteriPackGroup, Constantia Flexibles, Sonoco Products Company, WestRock Company, Honeywell International Inc, Klockner Pentaplast, ACG, Bilcare Limited, Svam Toyal Packaging Industries Pvt. Ltd., Tekni-Plex, Inc., Essentra plc, Ningbo Dragon Packaging Technology Co., Ltd. And Wasdell Group.
Key Developments:
In January 2024, Amcor announced a significant expansion of its North American thermoforming capabilities for the healthcare market.
In December 2023, Honeywell announced plans to enhance and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation's Global Access Solutions business for $4.95 billion, in an all-cash transaction.
In September 2023, Amcor announced the North American launch of curbside-recyclable AmFiber(TM) Performance Paper packaging, part of the company's AmFiber portfolio.
Materials Covered:
- Polypropylene (PP)
- Aluminum
- Oriented Polyamide
- Polyvinyl Chloride (PVC)
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Other Materials
Applications Covered:
- Consumer Products
- Healthcare
- Food & Confectionary
- Electronics & Semiconductors
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Cold Form Blister Packaging Market, By Material
- 5.1 Introduction
- 5.2 Polypropylene (PP)
- 5.3 Aluminum
- 5.4 Oriented Polyamide
- 5.5 Polyvinyl Chloride (PVC)
- 5.6 Polyethylene (PE)
- 5.7 Polyethylene Terephthalate (PET)
- 5.8 Other Materials
6 Global Cold Form Blister Packaging Market, By Application
- 6.1 Introduction
- 6.2 Consumer Products
- 6.3 Healthcare
- 6.4 Food & Confectionary
- 6.5 Electronics & Semiconductors
- 6.6 Other Applications
7 Global Cold Form Blister Packaging Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 UFlex Limited
- 9.2 Amcor plc
- 9.3 SteriPackGroup
- 9.4 Constantia Flexibles
- 9.5 Sonoco Products Company
- 9.6 WestRock Company
- 9.7 Honeywell International Inc
- 9.8 Klockner Pentaplast
- 9.9 ACG
- 9.10 Bilcare Limited
- 9.11 Svam Toyal Packaging Industries Pvt. Ltd.
- 9.12 Tekni-Plex, Inc.
- 9.13 Essentra plc
- 9.14 Ningbo Dragon Packaging Technology Co., Ltd.
- 9.15 Wasdell Group
List of Tables
- Table 1 Global Cold Form Blister Packaging Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Cold Form Blister Packaging Market Outlook, By Material (2021-2030) ($MN)
- Table 3 Global Cold Form Blister Packaging Market Outlook, By Polypropylene (PP) (2021-2030) ($MN)
- Table 4 Global Cold Form Blister Packaging Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 5 Global Cold Form Blister Packaging Market Outlook, By Oriented Polyamide (2021-2030) ($MN)
- Table 6 Global Cold Form Blister Packaging Market Outlook, By Polyvinyl Chloride (PVC) (2021-2030) ($MN)
- Table 7 Global Cold Form Blister Packaging Market Outlook, By Polyethylene (PE) (2021-2030) ($MN)
- Table 8 Global Cold Form Blister Packaging Market Outlook, By Polyethylene Terephthalate (PET) (2021-2030) ($MN)
- Table 9 Global Cold Form Blister Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 10 Global Cold Form Blister Packaging Market Outlook, By Application (2021-2030) ($MN)
- Table 11 Global Cold Form Blister Packaging Market Outlook, By Consumer Products (2021-2030) ($MN)
- Table 12 Global Cold Form Blister Packaging Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 13 Global Cold Form Blister Packaging Market Outlook, By Food & Confectionary (2021-2030) ($MN)
- Table 14 Global Cold Form Blister Packaging Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
- Table 15 Global Cold Form Blister Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 16 North America Cold Form Blister Packaging Market Outlook, By Country (2021-2030) ($MN)
- Table 17 North America Cold Form Blister Packaging Market Outlook, By Material (2021-2030) ($MN)
- Table 18 North America Cold Form Blister Packaging Market Outlook, By Polypropylene (PP) (2021-2030) ($MN)
- Table 19 North America Cold Form Blister Packaging Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 20 North America Cold Form Blister Packaging Market Outlook, By Oriented Polyamide (2021-2030) ($MN)
- Table 21 North America Cold Form Blister Packaging Market Outlook, By Polyvinyl Chloride (PVC) (2021-2030) ($MN)
- Table 22 North America Cold Form Blister Packaging Market Outlook, By Polyethylene (PE) (2021-2030) ($MN)
- Table 23 North America Cold Form Blister Packaging Market Outlook, By Polyethylene Terephthalate (PET) (2021-2030) ($MN)
- Table 24 North America Cold Form Blister Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 25 North America Cold Form Blister Packaging Market Outlook, By Application (2021-2030) ($MN)
- Table 26 North America Cold Form Blister Packaging Market Outlook, By Consumer Products (2021-2030) ($MN)
- Table 27 North America Cold Form Blister Packaging Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 28 North America Cold Form Blister Packaging Market Outlook, By Food & Confectionary (2021-2030) ($MN)
- Table 29 North America Cold Form Blister Packaging Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
- Table 30 North America Cold Form Blister Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 31 Europe Cold Form Blister Packaging Market Outlook, By Country (2021-2030) ($MN)
- Table 32 Europe Cold Form Blister Packaging Market Outlook, By Material (2021-2030) ($MN)
- Table 33 Europe Cold Form Blister Packaging Market Outlook, By Polypropylene (PP) (2021-2030) ($MN)
- Table 34 Europe Cold Form Blister Packaging Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 35 Europe Cold Form Blister Packaging Market Outlook, By Oriented Polyamide (2021-2030) ($MN)
- Table 36 Europe Cold Form Blister Packaging Market Outlook, By Polyvinyl Chloride (PVC) (2021-2030) ($MN)
- Table 37 Europe Cold Form Blister Packaging Market Outlook, By Polyethylene (PE) (2021-2030) ($MN)
- Table 38 Europe Cold Form Blister Packaging Market Outlook, By Polyethylene Terephthalate (PET) (2021-2030) ($MN)
- Table 39 Europe Cold Form Blister Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 40 Europe Cold Form Blister Packaging Market Outlook, By Application (2021-2030) ($MN)
- Table 41 Europe Cold Form Blister Packaging Market Outlook, By Consumer Products (2021-2030) ($MN)
- Table 42 Europe Cold Form Blister Packaging Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 43 Europe Cold Form Blister Packaging Market Outlook, By Food & Confectionary (2021-2030) ($MN)
- Table 44 Europe Cold Form Blister Packaging Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
- Table 45 Europe Cold Form Blister Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 46 Asia Pacific Cold Form Blister Packaging Market Outlook, By Country (2021-2030) ($MN)
- Table 47 Asia Pacific Cold Form Blister Packaging Market Outlook, By Material (2021-2030) ($MN)
- Table 48 Asia Pacific Cold Form Blister Packaging Market Outlook, By Polypropylene (PP) (2021-2030) ($MN)
- Table 49 Asia Pacific Cold Form Blister Packaging Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 50 Asia Pacific Cold Form Blister Packaging Market Outlook, By Oriented Polyamide (2021-2030) ($MN)
- Table 51 Asia Pacific Cold Form Blister Packaging Market Outlook, By Polyvinyl Chloride (PVC) (2021-2030) ($MN)
- Table 52 Asia Pacific Cold Form Blister Packaging Market Outlook, By Polyethylene (PE) (2021-2030) ($MN)
- Table 53 Asia Pacific Cold Form Blister Packaging Market Outlook, By Polyethylene Terephthalate (PET) (2021-2030) ($MN)
- Table 54 Asia Pacific Cold Form Blister Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 55 Asia Pacific Cold Form Blister Packaging Market Outlook, By Application (2021-2030) ($MN)
- Table 56 Asia Pacific Cold Form Blister Packaging Market Outlook, By Consumer Products (2021-2030) ($MN)
- Table 57 Asia Pacific Cold Form Blister Packaging Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 58 Asia Pacific Cold Form Blister Packaging Market Outlook, By Food & Confectionary (2021-2030) ($MN)
- Table 59 Asia Pacific Cold Form Blister Packaging Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
- Table 60 Asia Pacific Cold Form Blister Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 61 South America Cold Form Blister Packaging Market Outlook, By Country (2021-2030) ($MN)
- Table 62 South America Cold Form Blister Packaging Market Outlook, By Material (2021-2030) ($MN)
- Table 63 South America Cold Form Blister Packaging Market Outlook, By Polypropylene (PP) (2021-2030) ($MN)
- Table 64 South America Cold Form Blister Packaging Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 65 South America Cold Form Blister Packaging Market Outlook, By Oriented Polyamide (2021-2030) ($MN)
- Table 66 South America Cold Form Blister Packaging Market Outlook, By Polyvinyl Chloride (PVC) (2021-2030) ($MN)
- Table 67 South America Cold Form Blister Packaging Market Outlook, By Polyethylene (PE) (2021-2030) ($MN)
- Table 68 South America Cold Form Blister Packaging Market Outlook, By Polyethylene Terephthalate (PET) (2021-2030) ($MN)
- Table 69 South America Cold Form Blister Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 70 South America Cold Form Blister Packaging Market Outlook, By Application (2021-2030) ($MN)
- Table 71 South America Cold Form Blister Packaging Market Outlook, By Consumer Products (2021-2030) ($MN)
- Table 72 South America Cold Form Blister Packaging Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 73 South America Cold Form Blister Packaging Market Outlook, By Food & Confectionary (2021-2030) ($MN)
- Table 74 South America Cold Form Blister Packaging Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
- Table 75 South America Cold Form Blister Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 76 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Country (2021-2030) ($MN)
- Table 77 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Material (2021-2030) ($MN)
- Table 78 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Polypropylene (PP) (2021-2030) ($MN)
- Table 79 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Aluminum (2021-2030) ($MN)
- Table 80 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Oriented Polyamide (2021-2030) ($MN)
- Table 81 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Polyvinyl Chloride (PVC) (2021-2030) ($MN)
- Table 82 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Polyethylene (PE) (2021-2030) ($MN)
- Table 83 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Polyethylene Terephthalate (PET) (2021-2030) ($MN)
- Table 84 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Other Materials (2021-2030) ($MN)
- Table 85 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Application (2021-2030) ($MN)
- Table 86 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Consumer Products (2021-2030) ($MN)
- Table 87 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Healthcare (2021-2030) ($MN)
- Table 88 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Food & Confectionary (2021-2030) ($MN)
- Table 89 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Electronics & Semiconductors (2021-2030) ($MN)
- Table 90 Middle East & Africa Cold Form Blister Packaging Market Outlook, By Other Applications (2021-2030) ($MN)
