Blister Packaging Market Poised for 6.4% CAGR Growth to $47 Billion by 2032, Driven by Asia-Pacific Demand and Healthcare Sector
-
The global blister packaging market size is projected to reach $47.44 billion by 2032, growing at a CAGR of 6.4% between 2023-2032.
-
Asia-Pacific dominates the market with a 43% share due to rising demand from healthcare and food industries in China and India.
-
Thermoforming technology is crucial in blister packaging, allowing creation of customizable and appealing packs.
-
Surging demand in healthcare sector driven by need for efficient, tamper-evident packaging for pharmaceuticals and medical products.
-
Key players include Amcor, WestRock Company, Constantia Flexibles, and Sonoco Products Company, known for innovation and sustainability.