Vaccine Packaging Market - By Product, By Type, By Material, By End User & Forecast, 2024 - 2032

Vaccine Packaging Market Size

The global vaccine packaging market was valued at USD 1.8 billion in 2023 and is estimated to grow at a CAGR of 10.4% from 2024 to 2032.
 

The vaccine packaging industry is experiencing growth due to several key factors. Global vaccination initiatives, supported by governments and health organizations, are increasing demand for advanced packaging solutions. These solutions must ensure vaccine safety, efficacy, and compliance with strict regulatory standards. Technological advancements in packaging materials, including smart packaging with monitoring capabilities, are improving vaccine integrity during storage and distribution.
 

The rise of biologics and complex vaccines requires specialized packaging designs for stability and extended shelf life. Sustainability concerns are influencing the market, with a focus on eco-friendly materials and waste reduction. The COVID-19 pandemic has highlighted the importance of efficient and scalable vaccine packaging solutions, leading to accelerated innovation and market expansion to meet increased healthcare needs. For instance, January 2024, SCHOTT Pharma launched the EVERIC freeze vials, specifically designed for the deep-cold storage of pharmaceuticals, including mRNA vaccines and gene therapies. These vials can withstand storage temperatures as low as -80°C, addressing the challenges posed by the freezing and thawing processes that often lead to glass breakage in conventional vials.
 

Vaccine Packaging Market Trends

The vaccine packaging industry is evolving rapidly, driven by new technologies and changing healthcare needs. Single-dose formats are gaining popularity, offering convenience and reducing waste in mass immunization programs. High-performance plastics like cyclic olefin polymers are replacing traditional glass containers, providing durability and design flexibility. Smart packaging with RFID tags and temperature sensors ensures vaccine integrity throughout the supply chain. The market is growing significantly in emerging regions like Asia Pacific and Latin America, where expanding healthcare infrastructure and increased government investment create new opportunities. These areas face unique challenges in vaccine delivery to diverse populations, making improved cold chain logistics and modern packaging solutions essential for safe distribution, even to remote locations.
 

Vaccine Packaging Market Analysis

The vaccine packaging industry faces several challenges, including strict regulations, high costs, and complex temperature control needs. These factors, along with material shortages and supply chain issues, create barriers for new entrants and operational hurdles for existing players. However, the market also offers significant opportunities. Growing immunization programs worldwide, especially in developing countries, presents expansion potential. Advances in smart packaging, such as temperature monitoring and anti-counterfeiting features, open new revenue streams. The rise of biological drugs, increased demand for prefilled syringes, and a shift towards sustainable materials further drive growth. Additionally, the development of innovative vaccine delivery systems provides promising avenues for market expansion and technological progress.
 

Based on type the market is segmented into primary packaging, secondary packaging, and tertiary packaging. The primary packaging segment dominate the market with a revenue share of over 52% in 2023.
 

• Primary packaging leads the vaccine packaging market by directly safeguarding vaccine stability and efficacy. Vials, syringes, and ampoules protect vaccines from contamination and maintain sterility throughout their shelf life. This is crucial for sensitive vaccines like mRNA types, which need specific storage conditions.
   
• Strict regulations demand high-quality packaging that meets safety standards for direct vaccine contact. As global vaccine production increases, including complex biologics, the need for specialized primary packaging grows. Manufacturers and healthcare providers prioritize these solutions to ensure safe delivery and maintain vaccine potency, cementing primary packaging's dominant market position.

Based on material, the market is segmented into glass, plastics, and metals. The plastics segment is projected to grow at a CAGR of over 11% and is expected to reach over USD 1 billion by 2032.
 

• The plastics segment in vaccine packaging is growing due to its versatility, cost-effectiveness, and ability to meet strict storage and transport requirements. Plastics offer lightweight, durable solutions that reduce breakage risks compared to glass. Advanced plastics like cyclic olefin polymers (COP) and copolymers (COC) provide excellent barrier properties, chemical resistance, and clarity, ideal for sensitive vaccines needing cold chain logistics.
   
• The trend towards single-dose packaging to reduce waste favors plastics, which can be easily molded into various shapes like prefilled syringes and vials. As manufacturers aim to improve efficiency and lower costs while maintaining vaccine safety, plastics offer a flexible, scalable solution, driving their market growth.

North America market held a significant share of over 35% in 2023 in the global vaccine packaging market. The U.S. market is a key part of the global industry, with strict rules and a strong healthcare system. It focuses on quality and FDA compliance, driving new packaging ideas. As the U.S. expands vaccination efforts and prepares for future health crises, companies have chances to create better packaging that keeps vaccines safe and easy to transport.
 

India's vaccine packaging industry is booming, fueled by the country's role as a major vaccine producer and exporter. Government programs, a strong pharmaceutical industry, and pandemic preparedness efforts are driving demand for better packaging solutions. As healthcare and biotech sectors grow, there's an increasing need for innovative packaging, especially for vaccines that need careful temperature control.
 

China's vaccine packaging market is booming, driven by its expanding pharmaceutical sector and focus on domestic vaccine production. As a major global vaccine manufacturer, China faces growing demand for advanced packaging solutions. This trend aligns with the country's efforts to improve public health and fight infectious diseases. The government is investing in smart packaging technologies, like RFID tags and temperature monitors, to enhance cold chain logistics and maintain vaccine quality. China's large-scale immunization programs and vast population create opportunities for packaging manufacturers to innovate in this highly regulated healthcare landscape.
 

The UK market boasts a strong healthcare system and strict rules. As a key player in Europe's vaccine scene, the UK focuses on packaging that keeps vaccines safe and effective. The country's solid cold chain network supports special packaging needs, especially for delicate vaccines like COVID-19 shots. The UK is also investing in new tech, such as smart packaging that tracks temperature, to keep vaccines in top shape. At the same time, there's a push for eco-friendly options that still meet all the rules. This blend of safety, innovation, and sustainability is shaping the UK's approach to vaccine packaging.
 

Vaccine Packaging Market Share

The vaccine packaging industry is led by a few major global players, each with unique strengths to meet industry demands. Key competitors include Becton Dickinson, Schott, Gerresheimer, Nipro, Amcor, West Pharmaceutical Services, and Corning. These companies compete on their expertise in advanced packaging materials, smart packaging innovations, and regulatory compliance capabilities. They aim to gain market share by offering diverse portfolios for various vaccine types and delivery systems, while focusing on sustainability and cost-effectiveness. The market is shaped by strategic partnerships, mergers, acquisitions, and R&D investments as companies strive to maintain their positions and capitalize on global vaccination opportunities.
 

Vaccine Packaging Market Companies

Major players operating in the vaccine packaging industry are:

• Amcor
• Aptar Group
• Aseptic
• Becton Dickinson
• Blowkings
• Corning
• CSafe
• DWK Life Sciences
• Fengchen Group
• Gerresheimer
• Nipro
• Romaco Group
• Schott
• Sealed Air
• SGD Pharma
• Shandong Province Medicinal Glass
• Stevanato Group
• UFP Technologies
• West Pharmaceutical Services
   

Vaccine Packaging Industry News

• In March 2024, SCHOTT Pharma to expand its operations in the United States by investing USD 371 million in a new manufacturing facility located in Wilson, North Carolina. This facility will be the first in the U.S. dedicated to producing prefillable polymer and glass syringes, which are essential for the storage and transportation of mRNA medications, as well as therapies for conditions like diabetes and obesity.
   
• In February 2023, West Pharmaceutical Services, Inc. expanded its collaboration with Corning Incorporated, to include exclusive distribution rights for Corning Valor Glass vials and the launch of their first product, the West Ready Pack with Corning Valor RTU Vials utilizing SG EZ-fill technology.
   

This vaccine packaging market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2021 to 2032, for the following segments:

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Market, By Product

• Vials
• Prefillable syringes
• Vial closures
• Ampoules
• Insulated boxes
• Others

Market, By Type

• Primary packaging
• Secondary packaging
• Tertiary packaging

Market, By Material

• Glass
• Plastics
• Metals

Market, By End User

• Vaccine manufacturers
• Healthcare providers
  • Hospitals
  • Clinics
  • Vaccination centers 
• Research institutions
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa