Vaccine Packaging Market 2024 Size, Global Report Till 2031 | Gerresheimer AG, West Pharmaceutical Services, Inc, Becton.
Global Vaccine Packaging Market reached US$ 1.3 billion in 2023 and is expected to reach US$ 2.9 billion by 2031, growing with a CAGR of 13.2% during the forecast period 2024-2031.A comprehensive examination of statistical data concerning current and emerging trends provides insight into the dynamics of the vaccine packaging market 2024-2031. The report employs Porter's Five Forces framework to assess the significance of different aspects, including supplier and customer understanding, risks from various stakeholders, competitive intensity, and potential newcomers.
Additionally, it encompasses research findings on various companies, including their benefits, gross margins, strategic choices in the global market, and more, presented through tables, charts, and info graphics, thus serving as a valuable resource.
The vaccine packaging market involves the design, production, and distribution of packaging solutions specifically tailored for vaccines. With the rise in vaccine development and distribution, especially highlighted by the COVID-19 pandemic, this market has gained significant attention. The focus is on ensuring vaccine stability, safety, and efficacy throughout the supply chain.
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Key Players:
Gerresheimer AG, West Pharmaceutical Services, Inc, Becton, Dickinson & Company, SCHOTT AG, SGD S.A., Catalent, Inc, Stevanato Group, Nipro Corporation, Piramal Glass Private Limited and UDG Healthcare plc.
Our expert team consistently collects and analyzes updated data on the business processes of key market players. This information is essential for developing future strategies and forecasting market trends.
Key Developments:
• In 2023, Va-Q-tec launched the COOLPACK, a portable and reusable cool bag specifically designed for the safe transportation of vaccines, especially in areas with limited infrastructure. Its innovative design allows for extended temperature maintenance, effectively addressing the challenges of vaccine distribution in remote locations.
• In 2021, Sonoco ThermoSafe introduced the Pegasus ULD, a unit load device for air transportation of temperature-sensitive pharmaceuticals, including vaccines. This device features advanced insulation and phase change materials to ensure precise temperature control and protection during air travel, which is essential for the global distribution of vaccines.
• Additionally, in 2022, Softbox unveiled the Tempcell ECO, a single-use, fully recyclable packaging solution for transporting temperature-sensitive pharmaceuticals and vaccines. It provides temperature control for up to 168 hours, making it ideal for long-distance vaccine distribution.
**Note: The full version of the report includes an in-depth analysis of emerging players and startups, providing valuable insights into the evolving market landscape and key strategies being adopted.**
Market Segments:
The vaccine packaging market is segmented
By Type: Vaccine Cool Bags, Vials and Ampoules, Corrugated Boxes, Others.
By Level: Primary, Secondary, Tertiary.
By End-User: Biopharmaceutical Companies, Hospitals, Medical Laboratories, Others.
Regional Analysis for vaccine packaging Market:
The market undergoes regional analysis across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, France, Spain, and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, Australia, Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Rest of South America)
⇥ Middle East & Africa
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Frequently Asked Questions:
⇥ What are the global sales value, production value, consumption value, and import and export figures for the vaccine packaging market?
⇥ Who are the key global manufacturers in the vaccine packaging industry, and what is their current operational status in terms of capacity, production, sales, pricing, costs, gross profit, and revenue?
⇥ What opportunities and threats do vendors in the global vaccine packaging industry face?
⇥ Which product types or applications are likely to experience incremental growth opportunities? What is the market share for each type and application?
⇥ What factors are driving and constraining the vaccine packaging market's growth?
⇥ What are the various sales, marketing, and distribution channels utilized within the global industry?
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