The global Vaccine Storage And Packaging Market Size research report offers the definition, market shares, drivers, restraints, opportunities, and challenges in an voluminous format. On the basis of Type, the market is further categorized into based on the regions, the market is distributed into Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa. This markets competitive manufactures and the upcoming manufactures are studied with their research. Revenue, production, price, market share of these players is mentioned with detailed information.
Vaccine Storage And Packaging Market study offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain ruthless advantage. Vaccine Storage And Packaging Market Forecast provides sizing and growth opportunities. It provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market. it also includes a detailed analysis of growth drivers, challenges, and investment opportunities and delivers a complete overview of segments and the regional outlook of the market.
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The global vaccine storage and packaging market size is anticipated to value USD 43.3 billion by 2027. It is also expected to register a 10.0% CAGR over the forecasted period, 2020 to 2027. Rapid technological advances undertaken for efficient storage and packaging of medicines and vaccines are projected to propel the growth of the market.
The storage function segment held a share of 58.8% in 2019 due to the increasing demand for services and equipment for vaccine storage. The service segment is projected to gain traction in the upcoming years on account of third party hiring for transportation services and warehouses being carried out by the key players operating across the biopharma and healthcare sector.
In 2019, Europe accounted for the highest share across the global market owing to the surging number of research activities and the increasing number of vaccine awareness programs conducted across this region. On the other hand, the MEA is estimated to witness faster growth in the upcoming years on account of increasing expenditure on healthcare infrastructure.
List of Key Players of Vaccine Storage And Packaging Market
DB Schenker, DHL, AmerisourceBergen, Lineage Logistics, Arctiko A/S, McKesson, and American Biotech Supply
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