Medicine Blister Packaging Market: Trends, Challenges & Opportunities
The global medicine blister packaging market is experiencing remarkable growth, primarily driven by increasing demand for secure, tamper-evident, and user-friendly pharmaceutical packaging solutions. With the market valued at USD 15.6 billion in 2023 , projections indicate it will expand at a CAGR of over 5.2% from 2024 to 2032, eventually surpassing USD 25.4 billion by the end of the forecast period. This growth is closely tied to the rising consumption of prescription and over-the-counter (OTC) medications, the need for more advanced drug packaging technologies, and the increasing regulatory requirements for safety and sustainability in pharmaceutical packaging. The global medicine blister packaging market benefits from several key trends such as the increasing aging population, the prevalence of chronic diseases, and innovations in packaging technology. From smart blister packs that improve medication adherence to eco-friendly, biodegradable materials , the market is poised...