Blister Foil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Blister Foil Market: Introduction

Blister foil is employed in several types of pre-formed packaging, which is used for small consumer goods, foods, and pharmaceuticals. Blister foil is manufactured from plastic or aluminum material.
Blister foil helps protect products against external factors, such as humidity and contamination, for extended period of time. Opaque blisters also protect light-sensitive products (for example, pharmaceutical products) against UV rays.

Key Drivers of Global Blister Foil Market

The global blister foil market is expected to expand significantly due to increase in demand for the foil in protective packaging in the health care sector, and rise in popularity of convenient packaging
Increase in production of medicines and drugs from pharmaceutical companies, owing to a rise in diseases and stringent governmental regulations against counterfeit drugs, is also a key factor propelling the global blister foil market
Need for product integrity and extended shelf life play an important role in the pharmaceutical sector, considering that most consumers store their drugs in a temperature variant atmosphere that can be harmful to unprotected medicines. This is estimated to boost the demand for blister foil in the near future.

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Plastic Film Material Segment to Dominate Global Market

In terms of material, the plastic segment accounted for major share of the market in 2018. The segment is anticipated to expand at a significant pace during the forecast period owing to the application of plastic films in all types of packaging variables, as it offers good visibility to the product and provides secure & attractive packaging.
Plastic material is used as a raw material in the manufacture of blister foil, as it is durable, lightweight, clean, transparent, and cost-effective
The aluminum segment also offers lucrative opportunities for the blister foil market, as aluminum-based blister foil is employed in packaging owing to its ability to protect items packaged inside against oxygen, bacteria, light, and moisture. It is primarily used in food & beverage, pharmaceutical, tobacco, and cosmetic packaging applications.

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Health Care and Pharmaceutical End-use Industry Segments Expected to Expand at Significant Pace:

Based on end-use industry segments, health care and pharmaceutical segments are projected to expand at rapid pace owing to the high demand for blister foil in pharmaceutical packaging, as it offers durability and product protection. Blister foil packaging reduces the possibility of product contamination in health care products. It also protects health care and pharmaceutical products from moisture, light, and temperature.

Asia Pacific to Hold Significant Share of Global Blister Foil Market:

In terms of region, the global blister foil market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
North America dominated the global blister foil market, owing to the presence of a well-established packaging industry in the region. However, the blister foil market in developed countries is mature; therefore, the market in the U.S. and Canada is projected to expand at a sluggish pace during the forecast period.
Asia Pacific is likely to offer lucrative opportunities to the market during the forecast period. This can be ascribed to the large customer base for FMCG products and consumer durables, due to the growth in population in countries of the region. In turn, this is expected to boost the blister foil market in Asia Pacific.
Europe has stronger environmental incentives to use blister foil packaging, owing to the enactment of stringent regulations on the usage of excess materials in packaging systems. The use of blister foil packaging allows manufacturers to reduce packages to a minimal size.
High investment in building of the pipeline of medicines and drugs in Europe is creating lucrative opportunities for the blister foil market in the region

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Key Players Operating in the Market

High initial capital investments are estimated to hamper the entry of new players in the market. The blister foil market is highly consolidated with few large players dominating the market.

Key players operating in the global blister foil market include:

Baddi Foils Group
ACG
Ultra Foil
Amcor Limited
The Dow Chemical Company
WestRock Company
Bemis Company, Inc.
Sonoco Products Company
Constantia Flexibles
Klockner Pentaplast Group
Honeywell International
Display Pack, Inc.
Tekni-Plex, Inc.

Global Blister Foil Market: Research Scope
Global Blister Foil Market, by Product
Plastic Foil
Aluminum Foil
Others

Global Blister Foil Market, by End-use Industry

Consumer Goods
Health Care & Pharmaceuticals
Industrial Goods
Others

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