Blister Packaging Market in the US by Technology and Component - Forecast and Analysis 2022-2026

The predicted growth for the blister packaging market share in the US from 2021 to 2026 is USD 18.32 billion, at a progressing CAGR of 9.19%.

This blister packaging market in the US forecast report extensively covers segmentations by:

• Technology - Thermoforming and cold forming
• Component - Forming film and lidding material

The blister packaging market in the US report offers information on several market vendors, including Amcor Plc, AmerisourceBergen Corp.,  Andex Industries, Inc, Carton Service Inc., Combined Technologies Inc., Constantia Flexibles Group GmbH, Deufol SE, Honeywell International Inc., KP Holding GmbH and Co. KG,  Lafayette Industries, Omnicell Inc., Rohrer Corp., Sinclair & Rush Inc., Sonoco Products Co., SouthPack , Tekni Plex Inc., The Dow Chemical Co., Walter Drake Inc., WestRock Co., and Winpak Ltd. among others. Furthermore, our analysts have provided valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches for the coming years.

What will the Blister Packaging Market Size in the US be During the Forecast Period?

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Blister Packaging Market in the US: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The cost benefits of blister packaging is notably driving the blister packaging market growth in the US, although factors such as volatility of raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the blister packaging industry in the US. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Blister Packaging Market Driver in the US

•  The cost benefits of blister packaging is one of the key drivers supporting the blister packaging market growth in the US.
• The cost of over-the-counter drug packaging is estimated to be higher than the prescribed pharmaceutical products.
• The pharmaceutical products are commonly packed in glass bottles, plastic bottles, and blister packs. Among all the three types of packaging, blister packaging is more economical throughout the supply chain of a pharmaceutical product.
• The blisters packaging is more sustainable, as it creates fewer landfills compared with plastic and bottle packages.
• The amount of energy and carbon emission during blister package manufacturing is lesser than in plastic and glass bottle manufacturing. These cost benefits of blister packaging are expected to influence the demand for blister packaging in the pharmaceutical industry in the US during the forecast period. 

Key Blister Packaging Market Trend in the US

• The emergence of contract packaging is one of the key blister packaging market trends in the US fueling the market growth.
• Most of the contract manufacturers and packaging vendors are certified by the Food and Drug Administration (FDA), which maintains detailed standard operation procedures (SOP) and follows Good Manufacturing Practices (GMP).
• The contract packaging companies offer services such as barcoding, a process required by the FDA, where all drugs manufactured for medical use should be encoded with national drug barcodes.
• If some of the medicines go off-patent, the production of generic medicines increases, and pharmaceutical manufacturers function at a high level of productivity. It is also difficult for pharmaceutical manufacturers to invest in the RD of innovative and customized packaging. Hence, the demand for contract packaging increases as contract manufacturers has the required infrastructure and skilled expertise. This is driving the market growth.

Key Blister Packaging Market Challenge in the US

• The volatility of raw material prices is one of the challenges hindering the US blister packaging market growth.
• The main raw materials used in the blister packaging are plastic films and aluminum foils.
• The plastic film includes PVC, Aclar, polyvinylidene chloride (PVDC), COC, and PP. These films are made up of polymers and monomers.
• Polymers are derived from crude oil and natural gas. Thus, the fluctuations in global crude oil prices are expected to affect the cost of blister packages.
• Aluminum, which is used as a raw material for manufacturing packaging machinery and its parts, has witnessed fluctuations in the last decade. This uncertainty in the prices of raw materials poses a serious challenge to various blister packaging vendors. Such factors can hamper the growth of the market in focus during the forecast period. 

This blister packaging market in the US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the blister packaging market in the US as a part of the global metal and glass containers market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the blister packaging market in the US during the forecast period.

Who are the Major Blister Packaging Market Vendors in the US?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Amcor Plc
• AmerisourceBergen Corp.
•  Andex Industries, Inc
• Carton Service Inc.
• Combined Technologies Inc.
• Constantia Flexibles Group GmbH
• Deufol SE
• Honeywell International Inc.
• KP Holding GmbH and Co. KG
•  Lafayette Industries
• Omnicell Inc.
• Rohrer Corp.
• Sinclair & Rush Inc.
• Sonoco Products Co.
• SouthPack 
• Tekni Plex Inc.
• The Dow Chemical Co.
• Walter Drake Inc.
• WestRock Co.
• Winpak Ltd.

This statistical study of the blister packaging market in the US encompasses successful business strategies deployed by the key vendors. The blister packaging market in the US is fragmented and the vendors are deploying growth strategies such as product customization and price differentiation to compete in the market.

Product Insights and News

• Amcor.com - The company offers Formpack coldform pharmaceutical blister packaging that provides an impermeable barrier to moisture, light, oxygen, extended shelf life, and long-term delamination resistance.
• Amerisourcebergen.com - The company offers comprehensive unit dose products such as blister packaging that simplify scanning and support extended shelf life.
• Honeywellsafety.com - The company offers blister packaging for oral solid medicine that supports therapeutic treatment regimens.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The blister packaging market in the US forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Blister Packaging Market in the US Value Chain Analysis

Our report provides extensive information on the value chain analysis for the blister packaging market in the US, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

What are the Revenue-generating Technology Segments in the Blister Packaging Market in the US?

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The blister packaging market share growth in the US by the thermoforming segment will be significant during the forecast period. By adopting high barrier thermoforming, the blister packaging manufacturers can reduce the blister footprint, even in the case of packing big-size capsules or tablets. Thermoforming can reduce the blister footprint by up to 65% more than cold forming technology. Therefore, the waste disposal in thermoforming packaging is lower than cold forming packaging. This will drive the growth of the thermoforming segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the blister packaging market size in the US and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Blister Packaging Market in the US Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive blister packaging market growth in the US during the next five years
• Precise estimation of the blister packaging market size in the US and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the blister packaging industry in the US  
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of blister packaging market vendors in the US

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