The global demand for Vaccine Storage and Packaging Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
Vaccine storage and packaging refers to a method used to preserve and store vaccines in ideal temperature and ensure proper handling of vaccine vials and containers during transportation and storage. These storage solutions consist of refrigerators and freezers, are widely available in a massive range of capacities that vary depending upon the requirements. Since temperatures contact outside the suggested scope can decrease the strength and protection offered by the vaccines, they are packed in single cylindrical vials and then bundled together in cold boxes and vaccine carriers. Therefore, these devices are primarily used across hospitals, pharmacies, blood banks, laboratories, and other healthcare facilities.
The increasing occurrences of many viral infections and immunological disorders have encouraged the need for efficient vaccine storage and packaging facilities. In addition to this, growing awareness among the masses regarding primary diagnosis and prevention of infectious diseases has provided a push to the demand for protective vaccines, which, in turn, is anticipated to create a positive impact on the market. Several government initiatives on immunization programs coupled with rising expenditure in the healthcare industry are driving the demand. Further, technological advancement in cold chain transportation, which assists in storing vaccine safely and under quality control, coupled with logistics companies are aggressively investing in infrastructure development due to the growing requirement for efficient global distribution of the vaccine, has fuelled the demand. Other factors include rising R&D activities, and an increasing number of the vaccine in clinical trials drives the growth of the market. However, the higher cost of the primary packaging design and development is likely to restrict the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of vaccine storage and packaging. The growth and trends of vaccine storage and packaging industry provide a holistic approach to this study.
This section of the vaccine storage and packaging market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Vaccine Storage
- Vaccine Storage
- Vaccine Packaging
By Vaccine Packaging Type
- Storage Equipment (refrigerators, freezers and others)
- Services (warehouse storage and transportation services)
By End User
- Packaging Type (vaccine cool bags, vials and ampoules, corrugated boxes, and others)
- Packaging Level (primary, secondary and tertiary)
- Biopharmaceutical Companies
- Medical Laboratories
This section covers the regional outlook, which accentuates current and future demand for the Vaccine Storage and Packaging market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Vaccine Storage and Packaging Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the vaccine storage and packaging market include Amerisource, Bergen Corporation, Arctiko A/S, Cardinal Logistics Management Corporation, DHL International GmbH (The Deutsche Post AG), Lineage Logistics LLC, McKesson Corporation, Nipro Corporation, PHC Holdings Corporation, Schenker Aktiengesellschaft (Deutsche Bahn), and Thermo Fisher Scientific Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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