Introduction
In a world increasingly dependent on vaccines, the importance of vaccine packaging cannot be overstated. The Vaccine Packaging Market plays a pivotal role in ensuring the safety, efficacy, and accessibility of life-saving shots. This article delves deep into this critical industry, shedding light on its key aspects and innovations.
Vaccine Packaging Market: Safeguarding Global Health
The Vital Role of Vaccine Packaging
Vaccine packaging is not just about aesthetics; it’s a matter of life and death. It ensures that vaccines remain potent, sterile, and safe for administration.
The Impact of Innovation
In recent years, technological advancements have revolutionized vaccine packaging. From temperature-sensitive labels to tamper-evident seals, these innovations are enhancing the security and reliability of vaccine packaging.
From its estimated value of US$ 1.3 Billion in 2022, the global vaccine packaging market is poised to achieve a remarkable US$ 3.5 Billion by 2030, with an impressive CAGR of 13.2% during the period from 2022 to 2030.
The rise of the global vaccine packaging market is fuelled by an increase in demand for end-use sectors such as diagnostic centres, hospitals, research programmes and other healthcare units. Globally, North America and Europe becomes the prominent regions in terms of the demands of the vaccines among the end-use segment. North America and Europe are anticipated to dominate with market value share by approximately 50% in the global vaccine packaging market by 2030.
Get our Sample Report to discover how recent industry developments, like: https://www.futuremarketinsights.com/reports/sample/rep-gb-12943
Vaccine Packaging Market: Competitive Analysis
The latest study by FMI presents a detailed view on the market players operating in the Vaccine Packaging market. With an in-depth analysis on positioning of prominent players as well the players emerging in the industry, the FMI offers a detailed SWOT analysis for the market players over the forecast period.
Key players profiled by FMI in Vaccine Packaging market includes:
- Gerresheimer AG
- West Pharmaceutical Services, Inc.
- Becton, Dickinson & Company
- SCHOTT AG
- SGD S.A.
- Catalent, Inc
- Stevanato Group
- Nipro Corporation
- Piramal Glass Private Limited
- UDG Healthcare plc
For instance,
- In January 2022, Gerresheimer is improving its capacity for glass vials at its Wertheim site as well as at two other locations in China and the United States. The company is investing in Wertheim production to increase vial capacity by 150 Mn vials per year, with plans to create 70 new jobs in the process.
- In October 2021, Becton Dickinson expands syringe production in the US. It claimed that it had decided to add production lines for safe operation injection devices at its Nebraska facility in order to increase stock of syringes as the US enters the flu vaccination period while giving patients COVID-19 jabs.
- In March 2021, SCHOTT reached a significant milestone, 1 billion COVID 19 vaccine doses in vials. The vials have been sent to organizations all around the world, with a special priority on Europe, the United States, and China. 90% of certified vaccinations utilize SCHOTT vials.
Ready to Learn About Our Approach? Explore Our Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-12943
Vaccine Packaging Market: Segmentation
Detailed analysis covered in the FMI’s Vaccine Packaging market report has been classified into key segments and sub-segments.
Packaging Type
- Vials
- Prefilled Syringes
- Ampoules
- Bags and Pouches
Material
- Plastic
- Glass
- Polystyrene
- Others (Metallic Films)
The Impact of Vaccine Packaging on Global Healthcare
In this section, we explore the profound impact of vaccine packaging on global healthcare and its role in shaping public health outcomes.
Enhancing Vaccine Distribution in Remote Areas
Vaccine packaging innovations have the potential to improve the distribution of vaccines to remote and underserved regions, strengthening healthcare systems and protecting vulnerable populations.
Mitigating Vaccine Wastage
Vaccine wastage is a significant concern in healthcare. How can innovative packaging solutions reduce vaccine wastage and maximize the number of people immunized?
Combating Counterfeit Vaccines
Counterfeit vaccines pose a severe threat to public health. Discover how advanced packaging technologies can help in the fight against counterfeit products.
Supporting Future Vaccination Campaigns
As the world faces new health challenges, vaccine packaging will play a pivotal role in supporting future vaccination campaigns. Explore the possibilities of flexible and adaptable packaging solutions.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube