According to IMARC Group latest report titled “Vaccine Storage and Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on vaccine storage and packaging market forecast. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global vaccine storage and packaging market size reached US$ 30.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 62.2 Billion by 2032, exhibiting a growth rate (CAGR) of 8% during 2024-2032.

The vaccine storage and packaging market encompasses a numerous products and solutions designed for the safe storage and transportation of vaccines. This includes specialized refrigeration units, freezers, packaging materials, temperature monitoring devices, and logistics services. The storage components are crucial for maintaining the potency of vaccines, which often require controlled temperatures. Types of storage and packaging solutions vary, including portable coolers for transportation, ultra-low temperature freezers for long-term storage, and insulated packaging materials for maintaining stable temperatures. These products are essential in preventing vaccine spoilage and ensuring efficacy. The advantages of effective vaccine storage and packaging are manifold, ensuring the integrity of vaccines from manufacturing to administration, thus playing a critical role in global health initiatives.

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Market Trends:

The global market is witnessing substantial growth, driven by an increasing focus on immunization programs and the rising demand for effective vaccine distribution systems. Additionally, the rapid development and deployment of vaccines, particularly in response to global health crises such as the COVID-19 pandemic, are enhancing the importance of reliable storage and packaging solutions. This is leading to growing investment in cold chain infrastructure and innovations in packaging technologies to enhance the stability and shelf-life of vaccines. Along with this, the market is also benefiting from advancements in temperature monitoring systems and data logging technologies, ensuring real-time tracking and maintaining the integrity of vaccines throughout the supply chain. Apart from this, government initiatives and funding in healthcare infrastructure, coupled with growing awareness about vaccination, are propelling market growth. The trend towards outsourcing vaccine storage and distribution to specialized companies is another factor contributing to market expansion, allowing pharmaceutical firms to focus on vaccine development and production.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • AmerisourceBergen 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 
  • Thermo Fisher Scientific Inc.

Vaccine Storage and Packaging Market Segmentation:

Our report has categorized the market based on region, segment, vaccine storage breakup by segment, vaccine packaging breakup by type and end user.

Breakup by Segment:

  • Vaccine Storage
  • Vaccine Packaging

Vaccine Storage Breakup by Segment:

  • Storage Equipment
    • Refrigerators
    • Freezers
    • Others
  • Service
    • Warehouse Storage Services
    • Transportation Services 

Vaccine Packaging Breakup by Type:

  • Packaging Type
    • Vaccine Cool Bags, Vials and Ampoules
    • Corrugated Boxes
    • Others
  • Packaging Level
    • Primary
    • Secondary
    • Tertiary 

Breakup by End User:

  • Biopharmaceutical Companies
  • Hospitals
  • Medical Laboratories
  • Others  

Breakup by Region:

  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe( Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • North America (United States, Canada)
  • Middle East and Africa
  • Latin America (Brazil, Mexico, Others)

Key Highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

About US:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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