South Africa Vaccine Storage & Packaging Market Size & Outlook
The vaccine storage & packaging market in South Africa is expected to reach a projected revenue of US$ 1,687.8 million by 2027. A compound annual growth rate of 11.7% is expected of South Africa vaccine storage & packaging market from 2021 to 2027.
Revenue, 2020 (US$M)
$776.1
Forecast, 2027 (US$M)
$1,687.8
CAGR, 2021 - 2027
11.7%
Report Coverage
South Africa
South Africa vaccine storage & packaging market, 2016-2027 (US$M)
Related Markets
South Africa vaccine storage & packaging market highlights
- The South Africa vaccine storage & packaging market generated a revenue of USD 776.1 million in 2020 and is expected to reach USD 1,687.8 million by 2027.
- The South Africa market is expected to grow at a CAGR of 11.7% from 2021 to 2027.
- In terms of segment, storage was the largest revenue generating source in 2020.
- Storage is the most lucrative source segment registering the fastest growth during the forecast period.
Vaccine storage & packaging market data book summary
| Market revenue in 2020 | USD 776.1 million |
| Market revenue in 2027 | USD 1,687.8 million |
| Growth rate | 11.7% (CAGR from 2020 to 2027) |
| Largest segment | Storage |
| Fastest growing segment | Storage |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Storage, Packaging |
| Key market players worldwide | Lineage Logistics, AmerisourceBergen Drug Corporation, DHL Group, DB Schenker, Cardinal Health Inc, McKesson Corp, Panasonic Holdings Corp, American Baler Company, Nipro Corp |
Other key industry trends
- In terms of revenue, South Africa accounted for 3.5% of the global vaccine storage & packaging market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Middle East & Africa, South Africa vaccine storage & packaging market is projected to lead the regional market in terms of revenue in 2027.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,687.8 million by 2027.
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Vaccine Storage & Packaging Market Scope
Vaccine storage & packaging market segmentation & scope
Refrigerator
Freezer
Others (accessories)
Warehouse storage
Tranportation (Cold Retainers)
Other
Vaccine bags, vials, ampoules
Corrugated boxes
Others
Vaccine Storage & Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 61.93% in 2020. Horizon Databook has segmented the South Africa vaccine storage & packaging market based on storage, packaging covering the revenue growth of each sub-segment from 2016 to 2027.
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Target buyers of South Africa 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 country-level data and insights on the South Africa vaccine storage & packaging market, including forecasts for subscribers. This country databook contains high-level insights into South Africa vaccine storage & packaging market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa vaccine storage packaging market size, by source, 2016-2027 (US$M)
South Africa Vaccine Storage & Packaging Market Share, 2020 & 2027 (US$M)
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