Vaccine Storage And Packaging Market Ready to Experience Exponential Growth with Leading Players
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 rise in the global population are driving growth of the global vaccine storage & packaging market. Rising awareness among the global population about the importance of vaccination for babies for various life threatening diseases, including polio, diphtheria, hepatitis, rotavirus, and measles is expected to drive demand for vaccine storage & packaging. Such factors are expected to drive growth of the global vaccine storage & packaging market during the forecast period. Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/vaccine-storage-and-packaging-market-4313
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 rise in the global population are driving growth of the global vaccine storage & packaging market. Rising awareness among the global population about the importance of vaccination for babies for various life threatening diseases, including polio, diphtheria, hepatitis, rotavirus, and measles is expected to drive demand for vaccine storage & packaging. Such factors are expected to drive growth of the global vaccine storage & packaging market during the forecast period.
Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/vaccine-storage-and-packaging-market-4313
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<strong>Market</strong> Size (2019)<br />
US$ 8.34 MN<br />
CAGR (2020 –<br />
2027)<br />
8.04%<br />
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Segmentation (Scope)<br />
STORAGE<br />
‣ <strong>S<strong>to</strong>rage</strong> Equipment<br />
Freezer<br />
Refrigera<strong>to</strong>r<br />
‣ Service<br />
Warehouse <strong>S<strong>to</strong>rage</strong><br />
Transportation<br />
PACKAGING<br />
‣ <strong>Packaging</strong> Material<br />
Plastic Bottles<br />
Blister Packs<br />
Vials<br />
Others<br />
‣ <strong>Packaging</strong> Level<br />
Primary<br />
<br />
<br />
Secondary<br />
Tertiary<br />
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Major Drivers<br />
<br />
<br />
Rising demand for<br />
packaging & srorage of<br />
vaccine due <strong>to</strong> the<br />
COVID-19 pandemic<br />
Growing global<br />
population<br />
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Asia Pacific<br />
Major Driver<br />
The dominance of the<br />
region is attributed <strong>to</strong><br />
the growing<br />
population of the<br />
region<br />
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Major <strong>Players</strong><br />
Corning Incorporated<br />
DHL Group<br />
Piramal Glass Private Limited<br />
FedEx<br />
Schott AG<br />
UPS<br />
Amcor<br />
SF Express<br />
AptarGroup Inc<br />
World Courier<br />
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Global <strong>Vaccine</strong> <strong>S<strong>to</strong>rage</strong> & <strong>Packaging</strong><br />
<strong>Market</strong> Revenue Share (%), By Function, 2019<br />
60%<br />
?<br />
<strong>Packaging</strong><br />
<strong>S<strong>to</strong>rage</strong><br />
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Global <strong>Vaccine</strong> <strong>S<strong>to</strong>rage</strong> & <strong>Packaging</strong><br />
<strong>Market</strong> – Opportunity Analysis<br />
Opportunity<br />
Analysis<br />
Strategic long term<br />
contract <strong>with</strong> vaccine<br />
manufacturers<br />
Increasing demand for<br />
vaccines owing <strong>to</strong><br />
increasing number of<br />
various duseases<br />
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