Global Vaccine Storage & Packaging Market Size & Outlook
Global vaccine storage & packaging market, 2018-2030 (US$M)
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Global vaccine storage & packaging market highlights
- The global vaccine storage & packaging market generated a revenue of USD 22,260.2 million in 2020 and is expected to reach USD 43,254.9 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 10% by 2027.
- In terms of segment, storage accounted for a revenue of USD 13,112.4 million in 2020.
- Storage is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2020.
- Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2027.
Global data book summary
| Market revenue in 2020 | USD 22,260.2 million |
| Market revenue in 2027 | USD 43,254.9 million |
| Growth rate | 10% (CAGR from 2020 to 2027) |
| Largest segment | Storage |
| Fastest growing segment | Storage |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Storage, Packaging |
Other key industry trends
- In terms of revenue, the North America accounted for 27.9% of the global vaccine storage & packaging market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 8,452.4 million by 2027.
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Vaccine Storage & Packaging Market Scope
Vaccine Storage & Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global vaccine storage & packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vaccine storage & packaging market will help companies and investors design strategic landscapes.
Storage was the largest segment with a revenue share of 58.91% in 2024. Horizon Databook has segmented the Global vaccine storage & packaging market based on storage, packaging covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Vaccine Storage & Packaging Function Outlook (Revenue, USD Million, 2018-2030)
- Storage
- Storage Equipment
- Refrigerator
- Freezer
- Others
- Service
- Warehouse Storage
- Tranportation
- Others
- Storage Equipment
- Packaging
- Vaccine Bags, Vials, Ampoules
- Corrugated Boxes
- Others
- Storage
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Target buyers of Global vaccine storage & packaging market databook
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Our clientele includes a mix of vaccine storage & packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global vaccine storage & packaging market, including forecasts for subscribers. This global databook contains high-level insights into Global vaccine storage & packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global vaccine storage packaging market size, by regions, 2018-2030 (US$M)
Top 10 countries: Vaccine storage packaging market size, 2024 (US$M)
Global vaccine storage packaging market share, by function, 2024 & 2030 (%, US$M)
Vaccine storage & packaging market: Opportunity assessment by country
Global vaccine storage & packaging market, by region, 2024 (US$M)
| Function | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 5,134.3 | 5,523.9 | 6,050.3 | 6,997.3 | 7,894.1 | 8,596.1 | 9,396.1 | 10,302.6 | 11,340.7 | 12,525.7 | 13,868.7 | 15,388.1 | 17,112.5 | 10.7% |
| Europe | 4,040.3 | 4,328.7 | 4,722.0 | 5,439.6 | 6,113.3 | 6,632.3 | 7,223.6 | 7,893.1 | 8,659.4 | 9,533.6 | 10,523.2 | 11,641.7 | 12,909.9 | 10.3% |
| Asia Pacific | 2,420.9 | 2,639.9 | 2,931.1 | 3,436.7 | 3,931.2 | 4,340.9 | 4,812.1 | 5,351.8 | 5,976.0 | 6,696.5 | 7,523.3 | 8,471.2 | 9,561.4 | 12.3% |
| Latin America | 888.0 | 959.0 | 1,054.4 | 1,224.3 | 1,386.9 | 1,516.6 | 1,664.9 | 1,833.7 | 2,027.7 | 2,250.2 | 2,503.5 | 2,791.7 | 3,120.4 | 11.2% |
| MEA | 1,125.3 | 1,224.1 | 1,356.0 | 1,586.1 | 1,809.8 | 1,993.8 | 2,205.1 | 2,446.5 | 2,725.4 | 3,046.6 | 3,414.6 | 3,835.9 | 4,319.3 | 12.0% |
| Overall | 13,608.8 | 14,675.6 | 16,113.9 | 18,684.1 | 21,135.2 | 23,079.7 | 25,301.9 | 27,827.6 | 30,729.1 | 34,052.6 | 37,833.3 | 42,128.5 | 47,023.5 | 11.1% |
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