Vaccine Storage And Packaging Market

Vaccine storage and packaging refer to various laboratory devices and equipment used to preserve, store and transport vaccines. Some of the commonly used vaccine storage equipment include refrigerators and freezers that store vaccine vials, ampoules, and corrugated boxes. The vaccines are packed and stored in individual containers and bundled together in cold boxes and carriers under cold chain facilities that regulate and maintain the desired internal temperature for ensuring the safe transportation of the product. As a result, they find extensive applications across blood banks, hospitals, laboratories, pharmacies, and other healthcare centers.

Market Dynamics

The increasing prevalence of various viral infections and immunological disorders across the globe represents one of the key factors driving the growth of the market. With the onset of the coronavirus disease (COVID-19), there is a significant increase in the requirement for efficient vaccine storage and packaging facilities. Furthermore, rising awareness regarding the early diagnosis and prevention of infectious diseases has enhanced the demand for protective vaccines and is also driving the market growth The demand for vaccine storage & packaging products and services will increase, owing to rising awareness regarding vaccinations of newborn babies, which in turn will drive the growth of the vaccine storage & packaging market.

Covid-19 pandemic has positively affected the vaccine storage and packaging market attributed to the lockdown in various countries worldwide. The major demand for vaccine storage and packaging products was noticed from giant manufacturing countries like the U.S., Germany, Italy, U.K., China, and India which have been affected by the spread of coronavirus, thereby increasing the demand for vaccine storage and packaging.  

Key features of the study:

• This report provides in-depth analysis of the global vaccine storage and packaging market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue opportunity across different segments and explains an attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global vaccine storage and packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study Corning Incorporated, Piramal Glass Private Limited, Schott AG, Amcor, AptarGroup Inc, DHL Group, FedEx, UPS, SF Express, and World Courier.
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global vaccine storage and packaging market report caters to various stakeholders in this industry including investors, suppliers, Vaccine Storage and Packaging manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Vaccine Storage And Packaging Market

Detailed Segmentation:

• Global Vaccine Storage and Packaging Market, By Function:
  • Storage (Storage Equipment and Service)
  • Packaging (Packaging Material and Packaging Level)
• Global Vaccine Storage and Packaging Market, By Region:
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • Central Africa
    • South Africa
• Company Profiles
  • Corning Incorporated
  • Piramal Glass Private Limited
  • Schott AG
  • Amcor
  • AptarGroup Inc
  • DHL Group
  • FedEx
  • UPS
  • SF Express
  • World Courier