The North America Pharmaceutical Blister Packaging Market size was valued at USD 3.2 billion in 2023 & is estimated to grow at a CAGR of around 6.4% during the forecast period, i.e., 2024-30.
Key Findings of the Study: North America Pharmaceutical Blister Packaging Market
North America Pharmaceutical Blister Packaging Market Challenge: Compliance with Strict Regulation to Hinder the Market
North America has no such comprehensive legislation regulating the pharmaceutical sector. However, via FDI, the US does have the authority to regulate the pharmaceutical industry & related sectors to ensure that the industry is meeting safety standards. Therefore, the companies are enforced to follow the regulations to meet the satisfactory need. The strict regulations imposed on blister packaging are creating a barrier to the expansion of the market.
In adherence to the regulations, there should be no small defect, as it would abolish the entire product, which would adversely affect the manufacturer’s profit margin. Moreover, as per the FDI, the packaging must have the name of the manufacturer, lot number, expiration date, bar code, etc. Hence, to fulfill all the regulation extra vigilance & effort is required, leading to surplus cost, time, and resource, further creating a challenge for the manufacturers & eventually hindering the growth of the North America Pharmaceutical Blister Packaging Market.
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Scope of the Report and North America Pharmaceutical Blister Packaging Market Segmentation
By Material Type
-Polyethylene Terephthalate (PET)
-Polyethylene (PE)
-Polyvinyl Chloride (PVC)
-Polyvinylidene chloride (PVDC)
–20 GSM
–40 GSM
–60 GSM
–90 GSM
–120 GSM
-Aclar Films
–15 microns
–23 microns
–51 microns
-Aluminum
-Others (Polyolefin (PO), Paper Solutions, etc.)
- Polyethylene Terephthalate (PET) is estimated to be the most prominent material type in the North America Pharmaceutical Blister Packaging market in the forecast years
By Technology
-Thermoforming
-Cold Forming
By Application
-Tablets & Capsules
-Syringes
-Ampoules
-Medical Device
-Others (Vials, etc.)
Top leading companies in the North America Pharmaceutical Blister Packaging Market includes:
Amcor PLC, Westrock Company, Constantia Flexibles , Sonoco Products Company, Honeywell International Inc, Klockner Pentaplast , Gerresheimer AG, Rohrer Corporation, Aphena Pharma Solutions, Winpack Ltd., Others
North America Pharmaceutical Blister Packaging Market Development
- 2022: AmSky, one of the leading recycle-ready healthcare blister system innovations by Amcor, bested the US Plastics Pact Sustainable Packaging Innovation Award in the Recyclability category. It offers more sustainable packaging & optimizes carbon emission.
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Geographical analysis:
The US
Canada
Mexico
- The US has captured the dominating share of the market & is anticipated to be the flourishing region in terms of consumption & development of pharmaceutical products.
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