The blister packaging market is projected to grow significantly in the coming years. The market size is expected to reach US$ 13,953.6 million in 2023 and rise to US$ 26,940.0 million by 2033. The sales of blister packaging are anticipated to thrive at a CAGR of 6.8% during the forecast period.
Blister packs integrated with digital technology offer features such as dosage reminders, time-temperature indication, and product quality feedback, aligning with the convenience expectations of today’s modern consumers. The increasing inclination of tech-savvy consumers toward pharmaceutical packaging with digital capabilities is anticipated to boost the sales of blister packs.
The global pharmaceutical sector’s increasing production output has created a significant demand for pharmaceutical packaging, particularly blister packs. The precise packaging capabilities of blister packaging formats, such as carded and clamshell blisters, make them preferred choices for pharmaceutical companies.
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The market growth is further supported by the growing expenditure on healthcare and the outsourcing trend in the pharmaceutical industry. Pharmaceutical companies are increasingly adopting contract development and manufacturing services to reduce costs and complexity.
Prominent pharmaceutical companies are investing heavily in research activities to enhance their product pipelines. This investment in research and development drives the demand for pharmaceutical packaging, including blister packs. As new products are developed and launched in the market.
Child-resistant and senior citizen-friendly packaging formats are gaining prominence in the blister packaging market. Packaging manufacturers are focusing on designing and manufacturing blister packs with child-resistant and tamper-evident features. To ensure safety and prevent accidental poisoning in children.
The market is also witnessing the emergence of smart blister packs. Incorporating digital technology, these blister packs provide functionalities. Such as dosage reminders, time temperature indications, and product quality indications.
Thermoforming technology is expected to dominate the blister packaging market, accounting for more than three-fourths of the market share in the next decade. The segment is projected to expand by 1.9 times its value from 2021 to 2031.
Plastics play a dominant role in blister packaging, holding a significant share of 43.8% in 2022. Plastics offer cost-effectiveness, lightweight properties, and high-volume manufacturing capabilities, making them preferable over alternatives like glass or metal.
The use of biodegradable plastics in blister packaging is expected to reduce environmental pollution. The consumption of plastic blister packs is predicted to reach over 2.8 million tons by the end of 2026.
Recent Developments
• Amcor PLC, a worldwide packaging firm, deploys the recyclable AmSky blister system for healthcare packaging in April 2021. Its goal is to satisfy the strict criteria of regulated and specialized pharmaceutical packaging.
• TerraCycle, an innovative recycling company, recognized Honeywell’s Aclar barrier film blisters as technically recyclable for polyethylene terephthalate glycol (PETG) and polyvinyl chloride (PVC)-based blisters in May 2022.
• Pharmaworks, a developer of blister packaging technology for the consumer products, pharmaceutical, and contract packaging industries, was bought by ProMach. A provider of packaging machinery solutions, in March 2020. This program aims to broaden ProMach’s product portfolio and blister packaging applications.
The Major Key Players Are:
• Amcor plc
• Constantia Flexibles GmbH
• Sonoco Products Company
• Winpak Ltd.
• West Rock Company
• Honeywell International, Inc
• Uflex Ltd
• Tekni-Plex, Inc
• ACG Pharmapack Pvt. Ltd.
• Klockner Pentaplast Group
• SteriPack Group
Key Segments Covered in the Market Report
Blister Packaging Market by Product Type:
• Clamshell
• Carded
Blister Packaging Market by Technology Type:
• Cold Forming Technology
• Thermoforming Technology
Blister Packaging Market by Material Type:
• Plastic
• PVC/Vinyl
• PET
• PE
• Others
• Aluminum
• Paper & Paperboard
• Others
Blister Packaging Market by End Use:
• Food
• Pharmaceuticals
• Veterinary & Nutraceuticals
• Medical Devices
• Electronics & Electricals
• Industrial Goods
• Consumer Goods
By Region:
• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan (APEJ)
• Japan
• The Middle East & Africa (MEA)
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As per the recent market research conducted by FMI, the global disposable cutlery market is expected to value US$ 2.6 billion by 2033. In 2023, the market size is anticipated to be US$ 1.6 billion. The CAGR during the forecast period is projected to be at 4.9%.
The United States is experiencing a substantial expansion in the online food delivery market, with a 2022 valuation of US$ 29.4 billion. Online food delivery services commonly offer disposable cutlery as a complementary feature. This, in conjunction with a thriving barbecue market in the United States, is anticipated to drive the demand for disposable cutlery during the forecast period. Additionally, the country is witnessing an increased adoption of packaged food products through online stores, opening up lucrative opportunities in this sector.
In the United Kingdom, mobile food services have become a dominant player, with the market currently valued at nearly US$ 2.1 billion. The hectic and sedentary lifestyles of people in the UK have left them with minimal time for meal preparation. Consequently, they frequently turn to mobile food service outlets, often using disposable cutlery due to its cost-effectiveness. This trend underscores the growing importance of disposable cutlery in enhancing convenience for consumers of mobile food services in the United Kingdom.
Major players in the German food sector are actively pursuing sustainability initiatives, exemplified by Edeka Nord’s heightened commitment to reducing CO2 emissions. This proactive approach involves the adoption of various measures, with a notable focus on the use of recyclable disposable cutlery items. By incorporating sustainable practices into their operations, these key players are aligning with broader environmental goals and contributing to the reduction of their carbon footprint. The emphasis on recyclable disposable cutlery reflects a broader industry trend where sustainability is becoming a cornerstone of business strategies in the food sector. This shift not only showcases a commitment to environmental responsibility but also signals a growing awareness of the impact of business practices on the planet, marking a positive step towards a more sustainable and eco-friendly future in the German food market.
The disposable cutlery items are witnessing huge demand in the food service outlets and institutional food services. The cutlery items are manufactured and designed in such a manner that these fit according to the style of the occasion. The institutional organizations generally conducted afternoon parties, where the disposable cutlery items are highly preferred due to their small size and sturdy nature.
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The manufacturers in the market are making use of biodegradable products to put a check on land pollution. Moreover, biodegradable disposable cutleries are affordable as compared to their non-biodegradable counterparts.
The cloud kitchen market has been witnessing massive growth over the past few years. The US$ 65 billion worth of cloud kitchen market presents huge opportunities. The key players who are into cloud kitchens are making bulk purchases of disposable cutlery items. These are being given as complimentary products to the end customers.
The frozen food market is also expected to surge the sales of disposable cutlery during the forecast period. By 2025, the frozen food market is set to exceed US$ 320 billion. The wooden disposable cutleries are preferred as these are sturdy and the same time light as well. However, the adoption of plastic disposable cutleries is expected to challenge the growth as these lead to an increase in pollution.
FMI analysts are of the view that increasing focus on hygiene, application of biodegradable products, growth of cloud kitchen market and frozen food market, and number of other factors are expected to surge the disposable cutlery market during the forecast period.
Key Takeaways:
• In 2023, the market size is likely to be at US$ 1.6 billion.
• By 2033, the numbers are expected to be at US$ 2.6 billion.
• The market is expected to record a CAGR of 4.9%.
• On the basis of regional analysis, Asia Pacific is expected to hold the leading market share.
• The United States market is expected to secure a CAGR of 3.8%.
• The United Kingdom is projected to register a CAGR of 4.2%.
• Germany market is anticipated to witness a CAGR of 3.9%.
• India market is expected to advance at a CAGR of 7.8%.
• China market is projected to post a CAGR of 6.8%.
• On the basis of fabrication process, the thermoforming segment is expected to hold the leading market share, and is projected to expand at a CAGR of 4.5%.
• On the basis of cutlery type, the dispensed cutlery segment is projected to hold the dominant position in the market, and is anticipated to advance at a CAGR of 4.4%.
The Major Key PLAYERS Are:
• Huhtamaki
• Pactiv
• Gold Plast
Competitive Landscape:
The manufacturers who are operating in the disposable cutlery market are taking important steps toward sustainable development. Thus, there is an increasing effort toward adopting green products. The key players are also making massive investments in mergers and acquisitions to increase their market share. There are also lots of emphasis being laid on making use of the latest technology in order to produce the product of the right dimensions. Manufacturers are investing in research and development activities to focus on quality. The idea is also to invest in marketing and sales activity in order to increase awareness about the product.
In December 2022, Huhtamaki’s MSCI score was upgraded to ‘A,’ driven by improved management practices and decreased water intensity.
Manufacturers work towards achieving Sustainability Goals
Apart from developing new products that can be recycled, manufacturers are taking massive steps to establish a circular economy infrastructure. In order to achieve this, key players have been calling for collaboration with the stakeholders. In February 2023, Huhtamaki launched a 100% mono-PET blister packaging solution, which was a game-changing innovation. It allowed the company to offer the same healthcare-grade capability.
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Disposable Cutlery Market Segmentations
By Product Type:
• Spoon (Plastic, Wood)
• Fork (Plastic, Wood)
• Knife (Plastic, Wood)
By Fabrication Process:
• Thermoforming
• Die Cutting
• Injection Molding
By Cutlery Type:
• Wrapped Cutlery
• Dispensed Cutlery
By Sales Channel:
• Direct Sales
• Distributors
• E-retail
• Retailers (Hypermarkets, Supermarkets, Convenience Stores, Specialty Stores, Discount Stores & Warehouse/Wholesale Clubs)
By End Use:
• Food Service Outlets (Hotels, Restaurants & Cafes, Quick Service Restaurants)
• Institutional Food Services (Cinemas, Airline & Railway Catering, Schools & Offices, Hospitals)
• Household Use
Projected to exhibit a lively growth trajectory, the global bubble wrap packaging market is set to soar to a valuation of US$ 3.8 billion by 2029, driven by a steady CAGR of 3.4% from 2022 to 2029.
The Asia-Pacific region boasts the largest market share in the protective packaging industry, largely driven by the extensive use of bubble wrap packaging in economies such as India, China, and Indonesia. The flourishing e-commerce industry and the increasing demand for protective packaging are key factors propelling market growth. With the exponential rise in online shopping, the need to safeguard products during transit has fueled the adoption of protective packaging solutions in the region.
North America secures the second position in the global protective packaging market. This is primarily due to the robust demand for packaged products, spanning a wide range of industries, including electronics and the food sector. The convenience of pre-packaged items and the need for damage prevention contribute to the region’s substantial market share.
In Europe, there is a significant demand for eco-friendly protective packaging solutions, driven by heightened environmental awareness. Latin America (LATAM) and the Middle East and Africa (MEA) regions are also witnessing growth in the protective packaging market, albeit at a slightly slower pace, as they align with the global trend toward more sustainable and protective packaging practices.
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What Are The Factors Restraining The Bubble Wrap Packaging Market?
1. Environmental Concerns: One of the major challenges is the environmental impact of bubble wrap, which is primarily made from plastic materials. With growing environmental consciousness, there is increasing pressure to find more sustainable packaging alternatives. The negative perception of single-use plastics and their contribution to pollution has led to calls for reduced plastic usage and increased recycling, impacting the demand for bubble wrap.
2. Cost and Price Volatility: The production of bubble wrap involves plastic resin, the cost of which can be subject to fluctuations. As raw material prices rise, it can affect the cost-effectiveness of bubble wrap packaging, potentially making it less attractive to businesses looking for economical solutions.
3. Space and Storage: Bubble wrap occupies a significant amount of space, both in storage and during shipping. This can be a logistical challenge for businesses looking to maximize storage efficiency and reduce shipping costs.
4. Alternative Packaging Options: The packaging industry is continually innovating, offering alternative protective packaging solutions that are more environmentally friendly, efficient, or cost-effective. These alternatives, such as paper-based cushioning materials or air-pillow packaging, may pose competition to traditional bubble wrap.
5. Waste Management Regulations: Increasing regulations and restrictions on the disposal and recycling of plastic packaging waste, including bubble wrap, can make it more challenging for businesses to manage their packaging waste and adhere to legal requirements.
Key Players : Asia Pacific Sachet Packaging Market
• Veritiv Corporation
• Sealed Air Corporation
• Jiffy Packaging Co.
• Pregis Corporation
• Smurfit Kappa
• Barton Jones Packaging Ltd.
Moreover, the growing number of online resellers has motivated major players such as Amazon and Target to develop the best packaging formats to outperform competitors and offer cheaper, faster shipping with specialized packaging methods. Protective packaging, including bubble wrap, and air pillows are favored means of protection, especially for online orders, thus significantly contributing to the growth of the bubble wrap packaging market.
Competitive Landscape
The key players in bubble wrap packaging market are more into customized packaging, especially the eco-friendly ones.
• Polycell Corporation is offering oxo-biodegradable eco bubble. It has incorporated Reverte oxo-biodegradable additives into polyethylene resins, which can be degraded up to certain extent.
• Jiffy Packaging Co. Limited is providing green bubble, which is made of 50% recyclable materials.
• Sealed Air Corporation, in May 2019, did announce acquiring Automated Packaging Systems (leading in designing and production of packaging materials) for the latter to help the former in developing sustainable packaging solutions.
As of now, the global production capacities of bio-plastics is over 2 million tons in terms of volume, with nearly 65% of the volume utilized in the packaging industry. Companies can provide Kraft air bubble mailers and bags, with bubble film (bubble wrap packaging) made from bio-plastic. This will save on the overall cost and reduce the environmental impact of conventional bubble wrap packaging.
Leading the Way: E-Commerce Market Emerges as a Catalyst for the Packaging Industry’s Evolution
In the ever-evolving retail landscape, from hypermarkets to online platforms, the influence of e-commerce is reshaping the way products are packaged. Manufacturers and retailers are channeling substantial investments and efforts into ensuring their products meet performance standards, recognizing the profound impact that faulty packaging can have on consumer choices. The repercussions of damaged products can be financially significant for large retailers, making the role of effective packaging, such as bubble wrap, crucial in enhancing the consumer experience and ensuring product safety. Furthermore, the surge in mobile usage and the accessibility of low-cost data have propelled the growth of the e-commerce sector, thereby acting as a key driver for the expansion of the bubble wrap packaging market.
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Key Segments Covered In Bubble Wrap Packaging Industry Research
By Product:
• Bubble Sheets
• Bubble Bags/mailers
By Material:
• LDPE
• HDPE
• LLDPE
By End-use:
• Manufacturing & Warehousing
• Pharmaceuticals
• Electronics & Electricals
• Automotive & Allied Industries
• Food & Beverages
• Cosmetics & Personal Care
• Others (Agriculture, Healthcare etc.)
• e-Commerce
• Logistics & Transportation
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