The US, Europe, & APAC to Create More than $1.5 Billion Opportunities in the Vaccine Packaging Market - Arizton
Arizton provides information related to the industry's key issues, existing market landscape, regulatory concerns, risks & opportunities, technology evolution, and future commercial potential.
These reports provides a comprehensive and current market scenario of the vaccine packaging market across various regions, including market size, anticipated market forecast, relevant market segmentations, and industry trends.
The US vaccine packaging market in the US to reach $1.3 Billion by 2028, growing at a CAGR of 6.99% during the forecast period.
The market in the US is witnessing significant growth due to increasing research and development (R&D) activities owing to the prevalence of various infectious diseases, the presence of leading pharmaceutical players, high investments in drug development, well-developed infrastructure, and substantial involvement of government in vaccination programs. The glass containers have witnessed the fastest gains among material type segmentation due to their external barrier properties and its highest demand in primary packaging.
Based on primary packaging type, the vials packaging segment accounted for a 38.13% market share in the US vaccine packaging market and dominated the other segments due to its wide usage as an essential primary packaging element for vaccine products.
Based on material type, the glass segment accounts for a 44.05% US vaccine packaging market share that can be attributed to its external barrier properties and its highest demand in primary packaging.
The pharmaceutical and biotech companies accounted for the highest share of more than 46% in the US vaccine packaging market, which is owing to the rise in communicable or infectious diseases, growing ageing population, the growing demand for vaccines, innovations in vaccine development are some of the major factors driving the vaccine packaging industry.
To Know More, Download the Free Sample Report: https://www.focusreports.store/request-sample/united-states-Vaccine-Packaging-Market-Focused-Insights?id=14
Europe's Vaccine Packaging Market Set to Soar, EU5 Region to Dominate the Market
The Europe vaccine packaging market is to reach $1.4 billion in 2028, with a compound annual growth rate (CAGR) of 6.55% during 2022-2028.
The Europe is one of the fastest growing markets for vaccine packaging across the globe. In Europe, the vaccine packaging market is growing gradually due to a rise in the demand for vaccines, the targeted patient population, the presence of leading key vendors, and high investment in drug development. In 2022, the EU5 dominated the vaccine packaging market with the highest revenue share, followed by Central and Eastern Europe & Nordic countries. The Europe vaccine market has significantly improved over the last few decades because of the increased focus on R&D activities.
In 2022, the EU5 dominated the vaccine packaging market with the highest revenue share of 53.76%, followed by Central and Eastern Europe with 35.37% and then Nordic countries with 10.87%.
The vaccine packaging market in Europe is witnessing significant growth due to increasing research and development (R&D) activities owing to the prevalence of various infectious diseases, leading vaccine players, well-developed infrastructure, high investments in drug development, and growing government initiatives.
Primary Packaging accounted for the highest share of more than 71% in the Europe vaccine packaging market due to attributable to growing demand for vials, ampoules, and syringes with the increasing demand for vaccines.
To Know More, Download the Free Sample Report: https://www.focusreports.store/request-sample/europe-vaccine-packaging-market-insights?id=10
APAC Vaccine Packaging Market: Robust Growth Driven by Rising Demand and Leading Players
The APAC vaccine packaging market is projected to reach $1.14 billion in 2028, with a compound annual growth rate (CAGR) of 8.73% during the study period.
APAC is one of the fastest-growing markets for vaccine packaging globally. The APAC vaccine packaging market is growing gradually due to a rise in vaccine demand and targeted patient population, the presence of leading key vendors, and high investments in drug development.
In 2022, the China vaccine packaging market was valued at $215.48 million 2022, growing at a CAGR of 8.95%. China was the largest market, followed by Japan and India. The China market witnesses growth due to a rise in non-communicable diseases, a rise in demand for vaccines, the presence of leading pharma and biotech companies, and high investments in drug development. The development of biological drugs has led to significant shifts in the pharma industry in recent years. From 2015 to 2019, the biologics market grew by 11.60% on average annually, more than twice the growth of the overall pharma industry. There is a high opportunity for eco-friendly vaccine packaging players with the increased demand for eco-friendly packaging materials.
In 2022, China dominated the vaccine packaging market with the highest revenue share of 30.98%, followed by Japan at 26.03% and India at 22.73%.
The vaccine packaging market in APAC is witnessing significant growth due to increasing research and development (R&D) activities due to the prevalence of various infectious diseases, leading vaccine players, well-developed infrastructure, high investments in drug development, and growing government initiatives.
Primary Packaging accounted for the highest share of more than 71% in the APAC vaccine packaging market due to growing demand for vials, ampoules, and syringes with the increasing demand for vaccines.
Based on primary packaging type, the vials packaging segment accounted for a 38.07% market share in the APAC vaccine packaging market and dominated the other segments due to its wide usage as an essential primary packaging element for vaccine products.
To Know More, Download the Free Sample Report: https://www.focusreports.store/request-sample/apac-vaccine-packaging-market-insights-forecast?id=9
Why Should You Buy This Report?
Short/Crisp, off-the-shelf reports intended to provide quick insights.
Provide Bird's eye view of market segments at the country & regional level.
Draw conclusions about markets and readily extract/integrate the data to use in presentations.
Navigate highly researched data & in-depth insights in less than 1 hour.
Compare similar reports market data across countries & regions.
Buy these Research Reports Now:
U.S. Vaccine Packaging Market - Focused Insights 2023-2028
Europe Vaccine Packaging Market - Focused Insights 2023-2028
APAC Vaccine Packaging Market - Focused Insights 2023-2028
About Focused Reports by Arizton
Welcome to Focused Reports, an esteemed Arizton Advisory & Intelligence subsidiary committed to delivering precise and insightful market research reports across all key geographies. Our unique selling proposition lies in our affordable pricing, accurate data, in-depth research, and presentation-ready reports. With us, expensive market research is a thing of the past. We aim to be strategic, providing valuable data.
+1 302 469 0707
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The US, Europe, & APAC to Create More than $1.5 Billion Opportunities in the Vaccine Packaging Market - Arizton here
News-ID: 3229284 • Views: 112
More Releases from Arizton Advisory & Intelligence
Global Body Contouring Devices Market Size to Reach USD 12.6 Billion by 2027 - A …
According to Arizton's latest research report, the body contouring devices market will grow at a CAGR of 14% from 2022-2027. The global market for body contouring devices is expanding due to the rising demand for medical aesthetics treatments. Medical aesthetics is rapidly growing due to the large aging population and advanced procedure launches. At present, micro-needling and skin tightening treatments are some medical aesthetic treatments with the highest global demand.
The Dental Water Flosser Market to Hit $1.27 Billion by 2028 - Arizton
According to Arizton's latest research report, the dental water flosser market is growing at a CAGR of 6.20% during 2022-2028. To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/4008 The adoption rate of dental water floss among end-users globally has been impressive. Due to the increased demand, the market has witnessed the entry of several new vendors. The competition among these companies has intensified, leading to the introduction of many
Nutraceuticals Market to Reach $693.06 Billion by 2028, Industry Analysis Report …
According to Arizton's latest research report, the nutraceuticals market is growing at a CAGR of 8.47% during 2022-2028. To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/4014 The global nutraceuticals market by product is segmented into functional foods, functional beverages, and vitamins. In 2022, the functional foods segment accounted for a 45.01% market share and is expected to dominate the market during the forecast period. Functional food products are nutrient-rich
Iceland Data Center Market to Witness Investment of USD 543 Million by 2028 - Ar …
According to Arizton's latest research report, the Iceland data center market will grow at a CAGR of 12.63% from 2022 to 2028. Get Insights on 07 Existing Data Centers and 1 Upcoming Facility across Iceland. To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/4031 Data center investments in Iceland over the next 2-3 years expect to be aggressive and high due to investments from local operators. The market is
More Releases for Packaging
Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Download PDF Sample of this Report @ http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2 The following manufacturers are covered: Owens Illinois Salazar Packaging Design Packaging PrimeLine Packaging International Packaging Elegant Packaging Pak Factory ABOX Packaging ACG Ecopak CB Group SoOPAK Company Huhtamaki
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it. Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563 The E-Commerce
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database. This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth. The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury