Vaccines Packaging Market Trends and Forecast
The future of the global vaccines packaging market looks promising with opportunities in the porcine vaccine, poultry vaccine, canine vaccine, feline vaccine, equine vaccine, and aquaculture vaccine markets. The global vaccines packaging market is expected to reach an estimated $2.8 billion by 2030 with a CAGR of 12.7% from 2024 to 2030. The major drivers for this market are increasing demand for secure vaccine packaging and growing need for specialized packaging to maintain vaccine efficacy.
• Lucintel forecasts that plastic is expected to witness the higher growth over the forecast period.
• Within this market, porcine vaccine is expected to witness the highest growth.
• Europe is expected to witness highest growth over the forecast period.
United States: Pfizer has expanded its vaccine packaging capabilities, focusing on advanced cold chain solutions to meet FDA regulations and support large-scale vaccination efforts.
India: Bharat Biotech announced a partnership with local manufacturers to produce sustainable vaccine packaging, aligning with government initiatives to enhance vaccine distribution infrastructure.
Germany: Gerresheimer introduced innovative vial and syringe designs to improve vaccine storage and administration efficiency, in line with EU regulatory standards and government healthcare targets.
China: Sinovac invested in state-of-the-art packaging facilities to enhance vaccine distribution efficiency and comply with national and international safety standards, supporting the governmentÄX%$%Xs mass immunization programs.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Vaccines Packaging by Segment
The study includes a forecast for the global vaccines packaging by type, application, and region.
Vaccines Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Plastic
• Glass
• Others
Vaccines Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Porcine Vaccines
• Poultry Vaccines
• Canine Vaccines
• Feline Vaccines
• Equine Vaccines
• Aquaculture Vaccines
• Others
Vaccines Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Vaccines Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vaccines packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vaccines packaging companies profiled in this report include-
• Amcor
• Schott
• AptarGroup
• Gerresheimer
• Becton
• Dickinson and Company
• Capsugel
• Cardinal Health
• Shandong Pharmaceutical Glass
• Triumph Technology
Recent Development in the Vaccines Packaging Market
Pfizer: Pfizer has significantly expanded its vaccine packaging capabilities in the United States, focusing on advanced cold chain solutions. This initiative is designed to meet stringent FDA regulations and support the companyÄX%$%Xs large-scale vaccination efforts. PfizerÄX%$%Xs enhanced packaging solutions ensure the safe and effective distribution of vaccines, maintaining their efficacy during storage and transportation.
Bharat Biotech: Bharat Biotech in India has announced a strategic partnership with local manufacturers to produce sustainable vaccine packaging. This initiative aligns with government efforts to improve vaccine distribution infrastructure across the country. By focusing on eco-friendly packaging materials, Bharat Biotech aims to reduce environmental impact while ensuring the safe delivery of vaccines to various regions.
Gerresheimer: Gerresheimer, a leading German packaging company, has introduced innovative vial and syringe designs to improve vaccine storage and administration efficiency. These new packaging solutions meet stringent EU regulatory standards and support government healthcare targets. GerresheimerÄX%$%Xs initiative enhances the safety and effectiveness of vaccine delivery, contributing to the overall efficiency of vaccination programs.
Sinovac: Sinovac, a prominent Chinese vaccine manufacturer, has invested in state-of-the-art packaging facilities to enhance the efficiency of vaccine distribution. This investment supports the companyÄX%$%Xs compliance with national and international safety standards, aligning with the Chinese governmentÄX%$%Xs mass immunization programs. SinovacÄX%$%Xs modern packaging solutions ensure that vaccines remain safe and effective throughout the supply chain.
AptarGroup: AptarGroup has developed a new range of innovative packaging solutions for vaccines, focusing on user-friendly designs and enhanced safety features. This initiative aims to meet the growing demand for reliable vaccine packaging globally. AptarGroupÄX%$%Xs advanced packaging technology helps maintain vaccine integrity and supports efficient vaccine administration, aligning with global health objectives.
Features of the Global Vaccines Packaging Market
Market Size Estimates: Vaccines packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Vaccines packaging market size by type, application, and region in terms of value ($B).
Regional Analysis: Vaccines packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the vaccines packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vaccines packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the vaccines packaging market size?
Answer: The global vaccines packaging market is expected to reach an estimated $2.8 billion by 2030.
Q2. What is the growth forecast for vaccines packaging market?
Answer: The global vaccines packaging market is expected to grow with a CAGR of 12.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the vaccines packaging market?
Answer: The major drivers for this market are increasing demand for secure vaccine packaging and growing need for specialized packaging to maintain vaccine efficacy.
Q4. What are the major segments for vaccines packaging market?
Answer: The future of the vaccines packaging market looks promising with opportunities in the porcine vaccine, poultry vaccine, canine vaccine, feline vaccine, equine vaccine, and aquaculture vaccine markets.
Q5. Who are the key vaccines packaging market companies?
Answer: Some of the key vaccines packaging companies are as follows:
• Amcor
• Schott
• AptarGroup
• Gerresheimer
• Becton
• Dickinson and Company
• Capsugel
• Cardinal Health
• Shandong Pharmaceutical Glass
• Triumph Technology
Q6. Which vaccines packaging market segment will be the largest in future?
Answer: Lucintel forecasts that plastic is expected to witness the higher growth over the forecast period.
Q7. In vaccines packaging market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the vaccines packaging market by type (plastic, glass, and others), application (porcine vaccines, poultry vaccines, canine vaccines, feline vaccines, equine vaccines, aquaculture vaccines, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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