The global blister packaging market to expand at 7.4% CAGR from 2020 to 2025, attributed to enhanced demand from pharmaceutical and FMCG sectors
Blister Packaging Market Procurement Intelligence, Supplier Intelligence and Pricing Report to 2025
The global blister packaging market is expected to expand at a CAGR of 7.4% from 2020 to 2025 due to the growing demand for unit-dose packaging, short-cycle medication, and a monitored dosage system to improve patient adherence. The blister packaging market features a highly fragmented competitive landscape as several small players are entering the market. Moreover, low manufacturing and operating costs have lowered the entry barriers for new players and increased the threat of new entrants.
