Global Adherence Packaging Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Adherence Packaging Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Material (Plastic (PE, PET, PVC, and PP), Paper and Paperboard, and Aluminum), Type (Unit-dose Packaging, and Multi-dose Packaging), Packaging Type (Blisters, Pouches, and Other Packaging Types), End-user Industry (Pharmacies, Hospitals, and Other End-user Industries), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Adherence Packaging Market was valued at USD 1,087.5 million in 2023 and is expected to reach USD 1,854.6 million by 2031 while growing at a CAGR of 6.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global adherence packaging market growth. Adherence packaging, also called compliance or blister packaging in the healthcare sector, organizes and dispenses medication based on a patient's prescribed schedule. This type of packaging enhances medication adherence, crucial for effective treatment and prevention. It includes individual compartments for each dose and may feature reminders or alarms to assist patients in remembering to take their medication.
The increasing incidence of chronic diseases like diabetes, hypertension, and cardiovascular diseases, coupled with ongoing advancements in packaging technology featuring smart solutions such as reminder systems, dose tracking, and mobile app connectivity, fuels the growth of the adherence packaging market. Nevertheless, challenges such as data security and privacy concerns, along with integration issues, could hamper market expansion.
Furthermore, the global adherence packaging industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Material Analysis
The Global Adherence Packaging Market is segmented among Plastic (PE, PET, PVC, and PP), Paper and Paperboard, and Aluminum, based on Material. In 2023, Plastic (PE, PET, PVC, and PP) accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Type Analysis
The Global Adherence Packaging Market is segmented among Unit-dose Packaging, and Multi-dose Packaging, based on Type. In 2023, Multi-dose Packaging accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Adherence Packaging Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Westrock Company, Keystone Folding Box Co., Cardinal Health Inc., Omnicell Inc., Jones Healthcare Group, Drug Package LLC, Parata Systems LLC, Manrex Limited, Medicine-On-Time LLC, and Rx Systems Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Adherence Packaging Market Dynamics
Drivers
Restraints
Opportunity
4. Global Adherence Packaging Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Adherence Packaging Market Segmentation, By Material
Global Adherence Packaging Market Share Analysis, By Material
Global Adherence Packaging Market Growth Analysis, By Material
Global Adherence Packaging Market Trends, By Material
o Plastic (PE, PET, PVC, and PP)
o Paper and Paperboard
o Aluminum
6. Global Adherence Packaging Market Segmentation, By Type
Global Adherence Packaging Market Share Analysis, By Type
Global Adherence Packaging Market Growth Analysis, By Type
Global Adherence Packaging Market Trends, By Type
o Unit-dose Packaging
o Multi-dose Packaging
7. Global Adherence Packaging Market Segmentation, By Packaging Type
Global Adherence Packaging Market Share Analysis, By Packaging Type
Global Adherence Packaging Market Growth Analysis, By Packaging Type
Global Adherence Packaging Market Trends, By Packaging Type
o Blisters
o Pouches
o Other Packaging Types
8. Global Adherence Packaging Market Segmentation, By End-user Industry
Global Adherence Packaging Market Share Analysis, By End-user Industry
Global Adherence Packaging Market Growth Analysis, By End-user Industry
Global Adherence Packaging Market Trends, By End-user Industry
o Pharmacies
o Hospitals
o Other End-user Industries
9. Global Adherence Packaging Market Segmentation, By Region
Global Adherence Packaging Market Share Analysis, By Region
Global Adherence Packaging Market Growth Analysis, By Region
Global Adherence Packaging Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
10. Competitive Landscape
Westrock Company*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Keystone Folding Box Co.
Cardinal Health Inc.
Omnicell Inc.
Jones Healthcare Group
Drug Package LLC
Parata Systems LLC
Manrex Limited
Medicine-On-Time LLC
Rx Systems Inc
*Similar analysis will be provided for each company listed above.