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This “Vaccine Storage and Packaging Market-Size, Share, Prospect and Opportunity Analysis, 2019-2027” Report has been added to ResearchAndMarkets.com provide.
By 2027, the global vaccine storage and packaging market is expected to exceed USD 15 billion, with a compound annual growth rate of 8.04% during the forecast period (2020-2027).
As the population infected with the COVID-19 virus continues to increase, coupled with the significant increase in the global population, the demand for vaccines has surged rapidly, which has promoted the growth of the global vaccine storage and packaging market.
The pandemic has had a huge impact on the global economy, and the infection vaccine is vital to keeping the global economy normal. In 2020, many countries in the world have been blocked for a long time. By the end of 2020, some countries will be blocked to protect themselves from the second wave of infection.
Among the regions, the Asia-Pacific region accounted for a significant market share in 2019. The population growth in the region and the increase in personal awareness in the region are expected to drive the demand for vaccines in the region, thereby driving the growth of the vaccine storage and packaging market in the Asia-Pacific region.
According to World Bank statistics, India’s population has grown from 1.353 billion in 2018 to 1.366 billion in 2019. Similarly, China’s population has grown from 1.386 billion in 2018 to 1.398 billion in 2019. Demand for vaccine storage and packaging products As the awareness of neonatal vaccination continues to increase, services will increase, which in turn will drive the growth of the vaccine storage and packaging market.
The main features of the study:
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This report provides an in-depth analysis of the vaccine storage and packaging market and provides the market size (in millions of US dollars) and compound annual growth rate (CAGR %) for the forecast period (2020-2027) based on 2019.
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It clarifies the potential revenue opportunities in different market segments and explains the attractive investment proposition matrix for that market
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This research also provides important insights on market drivers, constraints, opportunities, new product launches or approvals, regional prospects, and competitive strategies adopted by major players
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It describes the major players in the global vaccine storage and packaging market based on the following parameters-company profile, financial performance, product portfolio, geographic distribution, distribution strategy, key developments and strategies, and future plans
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The insights of this report will enable marketers and company management to make informed decisions about future product launches, technology upgrades, market expansion, and marketing strategies
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The global vaccine storage and packaging market report caters to various stakeholders in the industry, including investors, suppliers, vaccine storage and packaging manufacturers, service providers, distributors, new entrants and financial analysts
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Through various strategic matrices used to analyze the global vaccine storage and packaging market, stakeholders can easily make decisions
Detailed breakdown:
The global vaccine storage and packaging market, by function:
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Store
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Storage device
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refrigerator
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refrigerator
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service
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Warehouse storage
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transport
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package
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Materials used for packaging
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plastic bottle
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Blister packaging
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Vial
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other
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Packing level
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basic
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Middle school
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third
Companies mentioned
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Corning Incorporated
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Pilamar Glass Pte Ltd
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Schott AG
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Amko
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Apuda Group of Companies
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DHL Group
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Federal Express
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ups
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SF Express
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World express
For more information about this report, please visit https://www.researchandmarkets.com/r/aofwdj
View the source version on businesswire.com: https://www.businesswire.com/news/home/20210601005381/en/
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