Blister Packaging Market in the US to Record 7.23% Y-O-Y Growth Rate in 2022 | Evolving Opportunity with Amcor Plc & AmerisourceBergen Corp.| Technavio

NEW YORK, May 16, 2022 /PRNewswire/ -- Blister Packaging Market in US Facts at a Glance-

• Total Pages: 120
• Companies: 10+ ? 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., SouthPackÂ, Tekni Plex Inc., The Dow Chemical Co., Walter Drake Inc., WestRock Co., and Winpak Ltd. Oy among others.
• Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis
• Segments: Technology - Thermoforming and cold forming & Component - Forming film and lidding material
• Geographies: US

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The Blister Packaging Market in US  size is expected to increase by USD 18.32 billion from 2021 to 2026, with an accelerated CAGR of 9.19%. as per the latest market report by Technavio. The blister packaging market share growth in the US by the thermoforming segment will be significant for revenue generation. 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. 

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Vendor Insights-

The Blister Packaging Market in US is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.

• Amcor.com - The company offers Formpack cold form 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.

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Latest Drivers & Trends Driving the Market-

Blister Packaging Market in US Driver:

• 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. 

Blister Packaging Market in US Trend:

• 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.

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Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary ? Chart on Market Overview
• Exhibit 02: Executive Summary ? Data Table on Market Overview
• Exhibit 03: Executive Summary ? Chart on Country Market Characteristics
• Exhibit 04: Executive Summary ? Chart on Market Segmentation by Technology
• Exhibit 05: Executive Summary ? Chart on Market Segmentation by Component
• Exhibit 06: Executive Summary ? Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 07: Parent market
• Exhibit 08: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 09: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 10: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 11: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 12: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 13: Chart on US: Year-over-year growth 2021-2026 (%)
• Exhibit 14: Data Table on US: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 15: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 16: Chart on Bargaining power of buyers ? Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 17: Bargaining power of suppliers ? Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 18: Threat of new entrants ? Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 19: Threat of substitutes ? Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 20: Threat of rivalry ? Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 21: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Technology

• 5.1 Market segments
• Exhibit 22: Chart on Technology - Market share 2021-2026 (%)
• Exhibit 23: Data Table on Technology - Market share 2021-2026 (%)

• 5.2 Comparison by Technology
• Exhibit 24: Chart on Comparison by Technology
• Exhibit 25: Data Table on Comparison by Technology

• 5.3 Thermoforming - Market size and forecast 2021-2026
• Exhibit 26: Chart on Thermoforming - Market size and forecast 2021-2026 ($ million)
• Exhibit 27: Data Table on Thermoforming - Market size and forecast 2021-2026 ($ million)
• Exhibit 28: Chart on Thermoforming - Year-over-year growth 2021-2026 (%)
• Exhibit 29: Data Table on Thermoforming - Year-over-year growth 2021-2026 (%)

• 5.4 Cold forming - Market size and forecast 2021-2026
• Exhibit 30: Chart on Cold forming - Market size and forecast 2021-2026 ($ million)
• Exhibit 31: Data Table on Cold forming - Market size and forecast 2021-2026 ($ million)
• Exhibit 32: Chart on Cold forming - Year-over-year growth 2021-2026 (%)
• Exhibit 33: Data Table on Cold forming - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Technology
• Exhibit 34: Market opportunity by Technology ($ million)

6 Market Segmentation by Component

• 6.1 Market segments
• Exhibit 35: Chart on Component - Market share 2021-2026 (%)
• Exhibit 36: Data Table on Component - Market share 2021-2026 (%)

• 6.2 Comparison by Component
• Exhibit 37: Chart on Comparison by Component
• Exhibit 38: Data Table on Comparison by Component

• 6.3 Forming film - Market size and forecast 2021-2026
• Exhibit 39: Chart on Forming film - Market size and forecast 2021-2026 ($ million)
• Exhibit 40: Data Table on Forming film - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Chart on Forming film - Year-over-year growth 2021-2026 (%)
• Exhibit 42: Data Table on Forming film - Year-over-year growth 2021-2026 (%)

• 6.4 Lidding material - Market size and forecast 2021-2026
• Exhibit 43: Chart on Lidding material - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Data Table on Lidding material - Market size and forecast 2021-2026 ($ million)
• Exhibit 45: Chart on Lidding material - Year-over-year growth 2021-2026 (%)
• Exhibit 46: Data Table on Lidding material - Year-over-year growth 2021-2026 (%)

• 6.5 Market opportunity by Component
• Exhibit 47: Market opportunity by Component ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview
• Exhibit 48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 49: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 50: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 51: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 52: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 53: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 54: Matrix on vendor position and classification

• 10.3 Amcor Plc
• Exhibit 55: Amcor Plc - Overview
• Exhibit 56: Amcor Plc - Business segments
• Exhibit 57: Amcor Plc - Key news
• Exhibit 58: Amcor Plc - Key offerings
• Exhibit 59: Amcor Plc - Segment focus

• 10.4 AmerisourceBergen Corp.
• Exhibit 60: AmerisourceBergen Corp. - Overview
• Exhibit 61: AmerisourceBergen Corp. - Business segments
• Exhibit 62: AmerisourceBergen Corp. - Key offerings
• Exhibit 63: AmerisourceBergen Corp. - Segment focus

• 10.5 Honeywell International Inc.
• Exhibit 64: Honeywell International Inc. - Overview
• Exhibit 65: Honeywell International Inc. - Business segments
• Exhibit 66: Honeywell International Inc. - Key offerings
• Exhibit 67: Honeywell International Inc. - Segment focus

• 10.6 KP Holding GmbH and Co. KG
• Exhibit 68: KP Holding GmbH and Co. KG - Overview
• Exhibit 69: KP Holding GmbH and Co. KG - Product / Service
• Exhibit 70: KP Holding GmbH and Co. KG - Key offerings

• 10.7 Omnicell Inc.
• Exhibit 71: Omnicell Inc. - Overview
• Exhibit 72: Omnicell Inc. - Business segments
• Exhibit 73: Omnicell Inc. - Key offerings
• Exhibit 74: Omnicell Inc. - Segment focus

• 10.8 Sonoco Products Co.
• Exhibit 75: Sonoco Products Co. - Overview
• Exhibit 76: Sonoco Products Co. - Business segments
• Exhibit 77: Sonoco Products Co. - Key offerings
• Exhibit 78: Sonoco Products Co. - Segment focus

• 10.9 Tekni Plex Inc.
• Exhibit 79: Tekni Plex Inc. - Overview
• Exhibit 80: Tekni Plex Inc. - Product / Service
• Exhibit 81: Tekni Plex Inc. - Key offerings

• 10.10 The Dow Chemical Co.
• Exhibit 82: The Dow Chemical Co. - Overview
• Exhibit 83: The Dow Chemical Co. - Business segments
• Exhibit 84: The Dow Chemical Co. - Key news
• Exhibit 85: The Dow Chemical Co. - Key offerings
• Exhibit 86: The Dow Chemical Co. - Segment focus

• 10.11 WestRock Co.
• Exhibit 87: WestRock Co. - Overview
• Exhibit 88: WestRock Co. - Business segments
• Exhibit 89: WestRock Co. - Key news
• Exhibit 90: WestRock Co. - Key offerings
• Exhibit 91: WestRock Co. - Segment focus

• 10.12 Winpak Ltd.
• Exhibit 92: Winpak Ltd. - Overview
• Exhibit 93: Winpak Ltd. - Business segments
• Exhibit 94: Winpak Ltd. - Key offerings
• Exhibit 95: Winpak Ltd. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 96: Inclusions checklist
• Exhibit 97: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 98: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 99: Research methodology
• Exhibit 100: Validation techniques employed for market sizing
• Exhibit 101: Information sources

• 11.5 List of abbreviations
• Exhibit 102: List of abbreviations

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