Thermoformed Blister Packaging Market - Global Forecasts from 2023 to 2028

The global thermoformed blister packaging market was valued at US$9,163.811 million in 2021 and is projected to expand at a CAGR of 5.07% over the forecast period to reach US$12,954.697 million by 2028.

Thermoformed blister packs are commonly used for packaging food, consumer goods, and pharmaceutical products. It is witnessing increasing adoption on account of its ease of production and cost-efficiency. The widespread adoption of thermoformed blister packaging technology in the food and personal care industry in both developed and developing regions has resulted in an increased demand for thermoformed blister products. Good growth of the FMCG industry in developing countries due to rapid urbanization and growing population has resulted in an increased demand for packaging solutions that are inexpensive, versatile, and highly reliable, thus driving the thermoformed blister packaging market growth. Also, the constant demand for thermoformed blister packaging in the pharmaceutical industry is boosting market growth. Thus, manufacturers are continuously working towards introducing enhanced thermoform films for various end-users.

This research study examines the global thermoformed blister packaging market based on various segments: material, end-users, and geography. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model analyzes the thermoformed blister packaging industry comprehensively. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.

The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the global thermoformed blister packaging market. Moreover, the research study analyzes the overall regulatory framework of the thermoformed blister packaging sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.

Global Thermoformed Blister Packaging Market - Forecasts from 2023 to 2028 is a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.

The scope and coverage of the Global thermoformed blister packaging market report is as below:

• Global thermoformed blister packaging market data tables and charts
• Market outlook with sections on drivers, restraints, Porter’s, and industry value chain analysis
• Detailed market trends, analysis, and graphical representation by material into PVC, PVDC, PP, and Others
• In-depth analysis by end-users into consumer goods, food, and pharmaceuticals
• A 360o view of the demand for global thermoformed blister packaging market solutions/services across different geographies (North America, South America, Europe, Middle East and Africa, and Asia Pacific) with further breakdown for key countries within those regions.

Different segments covered under the global thermoformed blister packaging market report are as below:

By Material

• PVC
• PVDC
• PP
• Others

By End-User

• Consumer Goods
• Food
• Pharmaceuticals

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Indonesia
• Thailand
• Others