Blister Packaging Equipment Market – Exhibit a CAGR of 5.4% during the forecast period of 2017 to 2025

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KONICA MINOLTA DIGITAL CAMERA

The demand in the global blister packaging equipment market is projected to increment at a notable CAGR of 5.4% during the forecast period of 2017 to 2025, gaining traction from a number of factors such as growing need for intelligent modernization of manufacturing facilities to enhance production efficiency and reduce product changeover time, high degree of automation in the packaging line, and increasing adoption of blister equipment in production lines.

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Based on product type, the global blister packaging equipment market has been segmented into solid, semi-solid, and liquid. Globally, solid packaging equipment segment for blister packaging equipment dominates the market, with an estimated share of a little over 83%, by value. Solid products are easier to fill and more suitable than liquid and semi-solid products. Liquids and semi-solid products are preferred to be packaged in bottles and ampoules over blisters as minute leakage are probable due to shocks or load experienced by the blisters.

By process type, automatic segment contributes with more than two third of market share by value, while the rest belongs to manual and semi-automatic. The increasing automation decreases the human involvement and also the skill requirement of the operator. This indirectly reduces the possibility of errors in manufacturing of blisters.

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On the basis of end-use industry, the blister packaging equipment market has been segmented into food industry, pharmaceutical, cosmetics & personal care, consumer electronics and other manufacturing. Among these, pharmaceutical segment is expected to dominate the market with around three fourth of market share by value. Based on equipment type, the inline filler equipment market is projected to register a solid CAGR of 5.6%, in terms of value, over the forecast period.

By technology, the blister packaging equipment market has been classified into cold sealing, heat sealing, thermoforming, and ultrasonic sealing. Heat sealing can be further bifurcated into card-to-card, plastic-to-card and plastic-to-plastic. Currently, thermoforming category is dominating the global blister packaging equipment market with share of around half of the market, followed by heat sealing.

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