$15 Billion Vaccine Storage & Packaging Market - Global Size, Share, Outlook, and Opportunity Analysis to 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Vaccine Storage & Packaging Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027" report has been added to ResearchAndMarkets.com's offering.

The global vaccine storage & packaging market is expected to surpass US$ 15 billion by 2027, exhibiting a CAGR of 8.04% during the forecast period (2020-2027).

Rapid surge in demand for vaccine, owing to increasing population being infected by the COVID-19 virus coupled with the significant growth in the global population are driving growth of the global vaccine storage & packaging market.

The pandemic has had a huge impact on the global economy, and the vaccine for the infection is essential to retain normalcy in the global economy. In 2020, numerous countries across the world were under lockdown for extensive period of time. By the end of 2020, some countries are locked down to safeguard themselves from the second wave of the infection.

Among regions, Asia Pacific accounted for a significant market share in 2019. The growth of the population in the region and the rising awareness among individuals in the region are expected to boost demand for vaccines in the region, thus driving the vaccine storage & packaging market growth in Asia Pacific.

According to statistical data from the World Bank, the Indian population grew from 1.353 billion in 2018 to 1.366 billion in 2019. Similarly, the population of China grew from 1.386 billion in 2018 to 1.398 billion in 2019. The demand for vaccine storage & packaging products and services will increase, owing to rising awareness regarding vaccinations of new born babies, which in turn will drive growth of the vaccine storage & packaging market.

Key features of the study:

• This report provides in-depth analysis of vaccine storage & packaging market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global vaccine storage & packaging market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
• The global vaccine storage & packaging market report caters to various stakeholders in this industry including investors, suppliers, vaccine storage & packaging manufacturers, service providers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vaccine storage & packaging market

Detailed Segmentation:

Global Vaccine Storage & Packaging Market, By Function:

• Storage
• Storage Equipment
• Freezer
• Refrigerator
• Service
• Warehouse Storage
• Transportation
• Packaging
• Packaging Material
• Plastic Bottles
• Blister Packs
• Vials
• Others
• Packaging Level
• Primary
• Secondary
• Tertiary

Companies Mentioned

• Corning Incorporated
• Piramal Glass Private Limited
• Schott AG
• Amcor
• AptarGroup Inc
• DHL Group
• FedEx
• UPS
• SF Express
• World Courier

For more information about this report visit https://www.researchandmarkets.com/r/aofwdj