Reports
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200
Continental Drive, Suite 401,
Newark, Delaware - 19713,
United States
Americas
Future Market Insights, Inc.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989, United States
MEA
Future Market Insights
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
W1B 3HH London
United Kingdom
Asia Pacific
Future Market Insights
IndiaLand Global Tech Park, Unit UG-1, Behind Grand HighStreet, Phase 1, Hinjawadi, MH, Pune – 411057, India
According to Future Market Insights research, during the projected period, the global carded blister packaging market is set to enjoy a market valuation of US$ 7.4 Billion in 2022, and register a CAGR of 6.2% to reach US$ 13.6 Billion by 2032. The carded blister packaging market revenues are projected to bolster with the top 5 players expected to hold 15-20% of the global carded blister packaging market by the end of 2022.
The newly released data from carded blister packaging market analysis showcase that sales of the overall thermoforming technology segment under technology are projected to expand 1.8x the current market value during 2022 to 2032 and is projected to hold around 4/5 portion of the market by the end of 2032.
Market Size 2022 |
US$ 7.4 Billion |
Market Size 2032 |
US$ 13.6 Billion |
Value CAGR (2022 to 2032) |
6.2% |
Collective Value Share: Top 5 Companies (2022E) |
15-20% |
The global carded blister packaging market accounts for around 55-60% of the global blister packaging market worth US$ 12.4 Billion, in 2021.
According to the FMI analysis, the carded blister packaging market reached US$ 7.0 Billion in 2021. The global carded blister packaging market is anticipated to reach US$ 13.6 Billion by the end of 2032, registering at a CAGR of 6.2% from 2022 to 2032. The demand for carded blister packaging in the healthcare segment by end use is projected to bolster with the top 3 countries holding 25-30% of the global carded blister packaging market by the end of 2022.
The carded blister packaging demand is projected to bolster by the increasing preference for unit doses and small-size packs in the healthcare industry. A new forecast by FMI analysis estimates that carded blister packaging sales will propel during the foreseeable period and is anticipated to create a growth opportunity of US$ 6.5 Billion.
The surge in demand for a rigid packaging solution offering product visibility in various end-use industries is projected to augment the sales of carded blister packaging. The carded blister packaging market is anticipated to expand 1.9x the current market value from 2022 to 2032.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global carded blister packaging market witnessed a growth rate of 5.4% from 2012 to 2021 and reached US$ 7.0 Billion in 2021.
Carded blister packaging was first utilized in healthcare serving the purpose of primary packaging. With the advancement in technology, carded blister packaging is extensively being employed in all other end-use segments such as homecare, cosmetics & personal care, electrical & electronics, food, and others.
There are generally two types of carded blister packaging being utilized, one in which the cavity is made from clear thermoformed plastic and the other one in which the foil is present as an essential component and the cavity is created by cold stretching.
Healthcare accounts for a major share in the global carded blister packaging market, the packaging has been specially designed for healthcare to enable the patients to check whether the prescribed dosage has been taken or not. Easy portability and convenience as compared to conventional packages are also one of the prime reasons behind the growth of the carded blister packaging market.
Moreover, carded blister packaging offers added security as the product packed in carded blister packaging is pre-formed and sealed. This makes it easy for the end users to identify whether the product is opened or damaged. The carded blister packaging also works as a display packaging solution offering requirement information along with product visibility. Overall, the global carded blister packaging market is anticipated to expand during the forecast period gaining traction in various end-use industries.
In the healthcare industry, carded blister packaging is predominantly used for sealing, air-tight packing, and storing medicines and other small healthcare equipment. Most consumers prefer a single serving of medicines instead of using large-sized containers and worrying about contamination or product spoilage. Carded blister packaging ensures maximum protection of the inside product against several environmental factors and increases product shelf life.
Numerous benefits provided by unit dosing over bulk-packed and sealed products have led packaging manufacturers offering pharmaceutical products to pack the majority of their drugs in small pack sizes. Rising preference for such small sizes and unit dose packaging formats, including blister packs in the global pharmaceutical industry, is anticipated to fuel the market growth during the forecast period.
By technology, the thermoforming technology segment holds the major portion of the global carded blister packaging market which is estimated to account for 80% of the global market. The benefits offered by thermoforming technology such as faster production speed and cost-effectiveness gains traction among the end-users.
The healthcare segment by end use is projected to generate hefty demand for carded blister packaging during the forecast period. The healthcare segment is anticipated to expand at a CAGR of 7.1% during the forecast period. The increasing export of pharma products such as tablets directly affects the sales of carded blister packaging.
Germany is estimated to account for 22% of the European carded blister packaging market by the end of 2022. The carded blister packaging is preferred in the electrical & electronic industry to provide security to the product along with product visibility. The expanding consumer electronics industry in Germany fuels the demand for carded blister packaging. According to the German Electro and Digital Industry Association (ZVEI), the German consumer electronic industry achieved a market volume of US$ 7 Billion in 2021. Thus, the consumer electronics industry in Germany is the major factor fuelling the demand for carded blister packaging.
The Indian carded blister packaging market is estimated to grow 1.7 times the current market value from 2022 to 2032. The pharmaceutical industry in India is expanding at a faster pace. According to the Ministry of Commerce & Industry, Government of India, over the next decade, India’s domestic pharmaceutical market is expected to grow 3 times. This is estimated to create a growth opportunity for the carded blister packaging market.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The players engaged in manufacturing carded blister packaging are trying to focus on expanding their presence, product portfolio, capacity, and resources to meet the growing demand for packaging in various regions. The key players are adopting merger/acquisition and expansion strategies. Some of the latest developments are as follows -
Attribute |
Details |
Growth Rate |
CAGR of 6.2% from 2022 to 2032 |
Base Year for Estimation |
2021 |
Historical Data |
2012 to 2020 |
Forecast Period |
2022 to 2032 |
Quantitative Units |
Revenue in USD Million, Volume in Units, and CAGR from 2022 to 2032 |
Report Coverage |
Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
|
Regions Covered |
|
Key Countries Covered |
|
Key Companies Profiled |
|
Customization & Pricing |
Available upon Request |
The global carded blister packaging market reached US$ 7.0 Billion in 2021.
The carded blister packaging market expanded at a CAGR of 5.4% from 2012 to 2021.
By 2032, the global carded blister packaging market is projected to reach US$ 13.6 Billion.
From 2022 to 2032, the global carded blister packaging market is anticipated to register a CAGR of 6.2%.
The carded blister packaging market is estimated to grow 1.9 times the current market value during the forecast period.
During the forecast period, the thermoforming technology segment by the technology is likely to be the fastest-growing segment in the global carded blister packaging market.
The increasing demand for safe & secure packaging is increasing the demand for carded blister packaging.
Amcor plc, Klöckner Pentaplast Group, Sonoco Products Company, WestRock Company, and Constantia Flexibles Group are the key players operating in the global carded blister packaging market.
As per the FMI analysis, the Indian carded blister packaging market is projected to expand at 1.7 times the current market value from 2022 to 2032.
Explore Packaging Insights
View Reports