Carded Packaging Companies and Competitive Landscape
The carded packaging market is accelerating, with forecasts predicting hundreds of millions in revenue growth between 2023 and 2034, powering sustainable infrastructure globally. According to estimates, the worldwide online pharmacy market was worth 32 billion dollars by the end of 2023. Its place as one of the biggest online pharmacy markets is expected to be cemented when this number rises to about 5.7 billion in the US.
Carded Packaging Market Key Players
Latest Announcements by Carded Packaging Industry Leaders
- In October 2024, The CEO of Liveo Research, Dr. Carsten Heldmann, stated that Liveo Research have demonstrated that more environmental friendly blister packaging is feasible on a big, worldwide scale by introducing PET One-Material Blister into Bayer's Aleve product line. Liveo Research stated that by using sustainable PET introduced by them, consumers can save CO2 emission and waste. As a specialist in pharmaceutical packaging, by using the sustainable PET will keep helping this sector meet its sustainability goals while adhering to the stringent legal requirements.
Bayer AG, pharmaceutical and biotechnology company developed a "first-of-its-kind" PET blister pack for its over-the-counter Aleve medication brand in collaboration with Live Research. By doing away with PVC, the company claims to have reduced its carbon footprint by 38%. Blister packaging's conventional multilayer plastic and aluminum composition makes it challenging to sort and recycle. However, according to Bayer, PET is a plastic that is frequently recycled in other sectors.
New Advancements in Carded Packaging Industry
- In January 2024, the pharmaceutical-grade PET blister film with post-consumer recycled content, created by TekniPlex Healthcare, pharmaceutical company and Alpek Polyester, chemical company, will be on display at Pharmapack 2024. According to reports, post-consumer recycled monomers make about 30% of the movie. This is accomplished by chemically breaking down post-consumer plastic waste into its monomer building components, which are then repolymerized into PET to create a recycled resin that is supposed to have the same qualities as virgin plastics.
- In November 2024, SÜDPACK Medica, medical grade packaging providing company, will participate in Pharmapack in Paris from January 24 to 25, 2024, as a prosperous pharmaceutical industry solution provider. With its workshop and booth D79 in hall 7.2, the company will put a lot of attention on environmentally friendly packaging options. The focus will be on coextruded flexible and rigid films and other pouch options in addition to the PharmaGuard blister idea for the production of sterilizable thermoformed packaging.
