Packaging plays a vital role in Health care industry as it is directly concerned with the health of the people. The packaging in Pharma is not only confined to make it attractive and convenient but it has to be safer to use for a longer period of time as it is for the restoration of patient’s health. There is a vigorous acceptance of blisters packaging in the pharmaceutical industry, mainly focused by order for tamper-evident & suitable packaging. Blisters packaging thwarts dense medical devices and medicines from oxygen, whiff, and humidity, along with increasing their shelf life. The healthcare sector exceedingly favours blisters packaging on the back of its suppleness to unit-dose format coupled with enlarged visibility, implied track & trace features, and developed label content.
Automation is progressively more eyed upon by vendors in the Pharma blisters packaging market, in a bid to save time and reduce labour cost. Inclination toward smart blister packaging is one of the growing trends in the market. Many packaging industries are focusing on the development of smart blisters packs for skirmishing medical counterfeiting and trailing status of drugs & medication during supply and carrying processes. The healthcare packaging market was valued at USD 110.36 billion in 2018, recording a CAGR of 6.35% over the forecast period (2019-2024). Increasing geriatric population, as a result of increased life expectancy rates globally, is creating a scope for medical device manufacturers and pharmaceuticals. The advent of novel products, owing to advancements in the fields of biopharmaceutical and biology, supported by the requirements for better compliance, is expected to drive the growth of the market further.
Pharmaceutical pre-fillable inhalers and pouches are likely to witness rapid growth in FMCG packaging market during the forecast period on account of growing number of allergic and asthmatic patients. New innovations and therapies constantly occurring in pharmaceutical industry will further create growth avenues for FMCG packaging market. The presence of many multinational and local players has made the global pharma blisters packaging market to be fragmented in nature. Intense competition is likely to prevail in the market on the back of occupancy of several established players competing in terms of financial stability, cost, quality, product features, innovation, and performance.
Polyethylene terephthalate (PET, PETE, PETG or polyester) is expected to be preferred among materials for production of pharma blisters packaging during the forecast period. Relatively affordable costs and easy availability, along with added benefits such as ease of thermoforming are driving demand for polyethylene terephthalate for pharma blisters packaging production. Aluminum will also remain a lucrative material in the market. Spangle Propack manufactures Insulin Pen Tray, Tray for Pen Injection, Ampoule Tray- 1ml to 15ml,Vial Tray- 2ml to 100ml,Base cap for Vial – 2ml to 100ml,Tray for Prefilled Syringes – 0.5ml to 5ml,and Customized Tray as per customers need.
