PVC has been the traditional choice in blister packaging for a very long time as it offers low prices and strong durability while maximizing product visibility at the same time. PVC pricing had been stagnant for some time before 2020 and it was generally readily available. However, during the Covid-19 pandemic, the housing market started to gain traction and the construction market continues to buy more PVC, hence the price has increased drastically, making it hard to procure PVC for blister packaging. Moreover, recent economic and environmental policy changes compel some brands to think and find a PVC alternative for their blister packaging. Polyethylene terephthalate (PET) and recycled polyethylene terephthalate (RPET) are the two major strong alternatives to the traditional PVC blister. It is majorly used in soda bottles and is known for its strong durability and transparency. PET and RPET are most preferable for brands with high sustainability goals as they can be easily recycled.
One of the leaders in the packaging industry, Amcor has already started working on developing alternatives for PVC in blister packaging. In April 2021, the company announced the customer trials of the world's first recyclable polyethylene-based thermoform blister packaging named AmSky. It reduces carbon footprint by 70% compared to PVC and other alternatives. PVC makes packaging recycling more difficult or contaminates other materials if consumers attempt to recycle them. Therefore, Amcor’s solution eliminates PVC from the packaging by using a mono-material Polyethylene thermoform blister and lidding film.
Request a free sample copy or view report summary: Blister Packaging Market Procurement Intelligence Report
Blister packaging suppliers are collaborating with regional players to benefit from their knowledge of the local market, and maintain high profit margins, low overhead costs, and their overall competitiveness in the market
The blister packaging market features a highly fragmented competitive landscape as several small players are entering the market
Suppliers widely prefer approved provider operating models to reduce risks and improve the potential for value creation
Grand View Research has identified the following key cost components for availing blister packaging:
Raw Materials
Forming Film
Lidding Material
Heat Seal Coating
Printing Ink
Others
Fixed Costs
Labor
SG&A
R&D
Depreciation
Interest
Tax
Profit
Raw material is the biggest cost component of blister packaging, accounting for more than 60% of the total cost of manufacturing.
Amcor Plc
DOW
WestRock Company
Sonoco Products Company
Constantia Flexibles
Klockner Pentaplast Group
E.I. du Pont de Nemours and Company
Honeywell International Inc.
Tekni-Plex
Display Pack
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