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Latin America Blister Packaging Market Report and Forecast 2025-2034

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    Report

  • 115 Pages
  • May 2025
  • Region: Latin America
  • Expert Market Research
  • ID: 6095595
The Latin America blister packaging market size reached USD 1.14 Billion in 2024. The market is projected to grow at a CAGR of 7.10% between 2025 and 2034, reaching almost USD 2.26 Billion by 2034.

To prevent unintended incidences of poisoning among children, the pharmaceutical industry in Latin America is switching towards child-resistant blister packaging in which manufacturers utilise a coating of aluminium, along with PVC, PP, and coldform foils to make it difficult for children to access the medicine. This is expected to drive the Latin America blister packaging market growth in the forecast period.

Blister packaging is a low-cost solution for various industries and also has a smaller ecological footprint, which is expected to drive its demand among end users. Moreover, the integration of nanotechnology into the manufacturing processes of blister packets is likely to result in lesser weight and greater barrier protection for goods, thereby driving the Latin America blister packaging market growth.

Manufacturers are switching towards the usage of high-quality raw materials for blister packets. For instance, thermoform plastics that are resistant to the impact of chemicals and enhance the durability of blister packaging have gained high popularity as a raw material among manufacturers.

Rising concerns surrounding plastic waste are driving manufacturers towards sustainable materials, including fibre, paper and paperboard, and biodegradable plastics, for designing blister packaging. This is expected to accelerate the Latin America blister packaging market development. Moreover, as Latin American countries strengthen regulations surrounding the usage of eco-friendly packaging materials, the market is expected to witness significant growth over the forecast period.

Market Segmentation

Latin America Blister Packaging Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Carded
  • Clamshell

Market Breakup by Material

  • Paper and Paperboard
  • Plastic
  • Polyvinyl Chloride (PVC)
  • Polyethylene Terephthalate (PET)
  • Polyethylene (PE)
  • Others
  • Aluminium

Market Breakup by Technology

  • Thermoforming
  • Cold Forming

Market Breakup by End Use

  • Healthcare
  • Consumer Goods
  • Industrial Goods
  • Food

Market Breakup by Country

  • Brazil
  • Mexico
  • Argentina
  • Others

Competitive Landscape

The key market players are:

  • Honeywell International Inc.
  • WestRock Company
  • Amcor Plc
  • Huhtamäki Oyj
  • Sonoco Products Company
  • Tekni-Plex, Inc.
  • Constantia Flexibles International GmbH
  • KP Holding GmbH & Co. KG
  • Nelipak Corporation
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Countries
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Blister Packaging Market Overview
5.1 Key Industry Highlights
5.2 Global Blister Packaging Historical Market (2018-2024)
5.3 Global Blister Packaging Market Forecast (2025-2034)
5.4 Global Blister Packaging Market Share by Region
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 Latin America Blister Packaging Market Overview
6.1 Key Industry Highlights
6.2 Latin America Blister Packaging Historical Market (2018-2024)
6.3 Latin America Blister Packaging Market Forecast (2025-2034)
7 Latin America Blister Packaging Market by Type
7.1 Carded
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Clamshell
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
8 Latin America Blister Packaging Market by Material
8.1 Paper and Paperboard
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Plastic
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.2.3 Breakup by Type
8.2.3.1 Polyvinyl Chloride (PVC)
8.2.3.2 Polyethylene Terephthalate (PET)
8.2.3.3 Polyethylene (PE)
8.2.3.4 Others
8.3 Aluminum
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
9 Latin America Blister Packaging Market by Technology
9.1 Thermoforming
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Cold Forming
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Latin America Blister Packaging Market by End Use
10.1 Healthcare
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Consumer Goods
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Industrial Goods
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Food
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
11 Latin America Blister Packaging Market by Country
11.1 Brazil
11.1.1 Historical Trend (2018-2024)
11.1.2 Forecast Trend (2025-2034)
11.2 Mexico
11.2.1 Historical Trend (2018-2024)
11.2.2 Forecast Trend (2025-2034)
11.3 Argentina
11.3.1 Historical Trend (2018-2024)
11.3.2 Forecast Trend (2025-2034)
11.4 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators of Demand
12.4 Key Indicators of Price
13 Value Chain Analysis14 Manufacturing Process
15 Competitive Landscape
15.1 Supplier Selection
15.2 Key Global Players
15.3 Key Regional Players
15.4 Key Player Strategies
15.5 Company Profiles
15.5.1 Honeywell International Inc.
15.5.1.1 Company Overview
15.5.1.2 Product Portfolio
15.5.1.3 Demographic Reach and Achievements
15.5.1.4 Certifications
15.5.2 WestRock Company
15.5.2.1 Company Overview
15.5.2.2 Product Portfolio
15.5.2.3 Demographic Reach and Achievements
15.5.2.4 Certifications
15.5.3 Amcor Plc
15.5.3.1 Company Overview
15.5.3.2 Product Portfolio
15.5.3.3 Demographic Reach and Achievements
15.5.3.4 Certifications
15.5.4 Huhtamäki Oyj
15.5.4.1 Company Overview
15.5.4.2 Product Portfolio
15.5.4.3 Demographic Reach and Achievements
15.5.4.4 Certifications
15.5.5 Sonoco Products Company
15.5.5.1 Company Overview
15.5.5.2 Product Portfolio
15.5.5.3 Demographic Reach and Achievements
15.5.5.4 Certifications
15.5.6 Tekni-Plex, Inc.
15.5.6.1 Company Overview
15.5.6.2 Product Portfolio
15.5.6.3 Demographic Reach and Achievements
15.5.6.4 Certifications
15.5.7 Constantia Flexibles International GmbH
15.5.7.1 Company Overview
15.5.7.2 Product Portfolio
15.5.7.3 Demographic Reach and Achievements
15.5.7.4 Certifications
15.5.8 KP Holding GmbH & Co. KG
15.5.8.1 Company Overview
15.5.8.2 Product Portfolio
15.5.8.3 Demographic Reach and Achievements
15.5.8.4 Certifications
15.5.9 Nelipak Corporation
15.5.9.1 Company Overview
15.5.9.2 Product Portfolio
15.5.9.3 Demographic Reach and Achievements
15.5.9.4 Certifications
15.5.10 Others

Companies Mentioned

  • Honeywell International Inc.
  • WestRock Company
  • Amcor Plc
  • Huhtamäki Oyj
  • Sonoco Products Company
  • Tekni-Plex, Inc.
  • Constantia Flexibles International GmbH
  • KP Holding GmbH & Co. KG
  • Nelipak Corporation

Table Information