The vaccine is transported throughout the globe in vaccine shippers, which are temperature-controlled storage containers. Vaccine shippers guarantee that vaccines are shielded from physical harm and temperature fluctuations while in transit. In the pharmaceutical sector, these are highly helpful for shipping vaccinations around the globe, which enables the businesses to grow.
Because vaccine shippers are temperature-controlled, there is less chance of vaccine harm or waste. Because of the logistical difficulties caused by temperature, volume, safety, and other crucial aspects, vaccine shipping is extremely significant.
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Which are the Main Drivers of the Vaccine Shippers Market’s Growth?
Shortly, vaccination will likely be necessary due to the global outbreak of new diseases and the quick spread of existing ones; this will increase the demand for more sophisticated vaccine shipment packaging. Healthcare industry innovations are driving more demand for efficient transportation products.
Since each vaccine is distinct, it needs to be kept in different storage containers and at varied temperatures. This gives the makers of vaccine shippers a chance to develop new goods and technology that will meet the various needs of the vaccines.
The Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Vaccine Shippers
With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.
In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Vaccine Shippers market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
Key Vaccine Shippers Market Takeaways and Projections
- The U.S. is expected to lead the North America Vaccine Shippers market, projecting the fastest growth in the region between 2021 and 2031
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.
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Report Benefits & Key Questions Answered
- Vaccine Shippers Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Vaccine Shippers for the assessment period. As per the study, the demand for Vaccine Shippers will grow at a robust CAGR between 2021 and 2031.
- Vaccine Shippers Market Trend Analysis: The latest study by FMI on the Vaccine Shippers market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Vaccine Shippers market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
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Key segments of vaccine shippers
Based on Product:
- Parcel shippers
- Pallet Shippers
Based on Temperature:
- < -2°C
- -2 to -8°C
- 15-25°C
- > 25°C
Based on Usage:
- Single-use Vaccine shippers
- Reusable vaccine shippers
Based on Duration:
- Up to 96 hours
- Up to 120 hours
- Up to 400 Hours
Based on Region:
- North America
- APAC
- Europe
- MEA
- Latin America
Based on End-users:
- Pharmaceutical companies
- Research and development organizations
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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