The isothermal boxes for vaccine market value is pegged at US$ 202.6 million in 2024, with the top 3 countries holding 41% of the market share. Surging demand and transport of vaccines can increase the sales of isothermal boxes at a rate of 5.8% over the next ten years. By following this moderate CAGR, the isothermal box for vaccine industry is supposed to garner US$ 355.8 million by 2034, which is 1.6X of the current market value.
| Report Attribute | Details |
|---|---|
| Isothermal Box for Vaccine Market Size (2024) | US$ 202.6 million |
| Market Anticipated Forecast Value (2034) | US$ 355.8 million |
| Market Projected Growth Rate (2024 to 2034) | 5.8% CAGR |
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The isothermal container for vaccine market was valued at US$ 139.3 million in 2019. The isothermal boxes for vaccines market saw soaring growth in 2021 with five years (2019 to 2023) revenue up by a CAGR of 6.5%. The overall market value was about US$ 190.5 million in 2023.
The COVID-19 pandemic has had a positive impact on the isothermal boxes for vaccine market during this historical period. The isothermal box suppliers experienced a rapid rise in demand due to the development of an array of vaccines across the world. This increasing number of vaccine doses across the globe augments the sales of isothermal boxes to store and transport vaccines in appropriate conditions & temperatures.
| Attributes | Details |
|---|---|
| Isothermal Box for Vaccine Market Value (2019) | US$ 139.3 million |
| Market Revenue (2023) | US$ 190.5 million |
| Market Historical Growth Rate (CAGR 2019 to 2023) | 6.5% CAGR |
Principal Consultant
Rising awareness for massive immunization programs by government and privately funded alliances such as GAVI and organizations such as UNICEF has led to an increase in vaccination programs globally. Thus, the growing demand for sustainable cold chain packaging solutions such as vaccine storage boxes, vaccine carriers, and others that can maintain the integrity of the vaccines during transit is likely to augment the market.
Despite such prospects, some pressing challenges persist for the industry, including the inability to keep up with the inventory network at the strategic locations. Also, isothermal boxes can provide only temporary solutions to temperature control and maintenance and can be easily replaced by cryogenic refrigerators, especially in the pharmaceutical market.
The table below lists the countries that can provide better growth prospects for isothermal box sellers to vaccine suppliers.
| Regional Market Comparison | CAGR (2024 to 2034) |
|---|---|
| United States | 4.5% |
| Germany | 4.0% |
| United Kingdom | 5.6% |
| India | 7.7% |
| China | 6.9% |
The United States isothermal box for vaccine market is anticipated to advance at a rate of 4.5% per year till 2034.
The large portion of the North American isothermal box for vaccine market is captured by the industry players based in the United States. Some new developments that have taken place in the regional market include the increasing level of investments in research and development along with the prevalence of improved healthcare.
Germany is holding the top position as a supplier of isothermal vaccine boxes in Europe and could progress at 4.0% CAGR from 2024 to 2034.
The requirement for isothermal boxes has grown as vaccine distribution from Germany has expanded into many Eastern European countries. New developments in isothermal box design by German manufacturers to improve thermal efficiency and dependability are popularizing the product in other parts as well.
The regional market in the United Kingdom has the potential to continue rising at a higher CAGR of 5.6% until 2034.
The sales of isothermal boxes skyrocketed during the pandemic period as some drug manufacturers in the United Kingdom were at the forefront in finding vaccination for COVID-19. Vaccine exports are still on the rise in the country, creating a higher demand for isothermal boxes to maintain the integrity of vaccines throughout transit.
Recent occurrences indicate that the isothermal box for the vaccine industry in China is going to expand at a 6.9% CAGR till 2034.
Asia Pacific Excluding Japan (APEJ), followed by the North America, is estimated to remain the leading region generating high demand for different types of vaccines in the coming decade. The increasing production and administration of vaccines in this region is the reason behind the higher export of isothermal boxes from China.
Demand for isothermal boxes for vaccines in the Indian market is set to grow at a 7.7% annual rate over the next ten years.
India is estimated to hold around 40% of the market value share for the Asia Pacific isothermal boxes for vaccines market by the end of 2034. The increasing production of vaccines in India is the major factor propelling the demand for isothermal boxes for vaccines. Serum Institute, located in India, is one of the world’s largest vaccine producers.
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Based on the material used in making vaccine boxes, the polyethylene (PE) segment is projected to account for 44.2% of the current market value in 2024.
| Attributes | Details |
|---|---|
| Top Material Type Segment | Polyethylene (PE) |
| Total Market Share in 2024 to 2034 | 44.2% |
Polyethylene (PE) material is preferred by vaccine manufacturers and suppliers as it is highly adaptable, flexible, lightweight, and durable. The Polyethylene (PE) segment, followed by Polyurethane (PU) segment, is anticipated to remain the most lucrative segment among others. Both segments collectively are estimated to hold two-thirds of the demand for the isothermal boxes for vaccines through the projected years.
Based on product type, the long-range segment is anticipated to hold around 66.4% of the market value share in 2024.
| Attributes | Details |
|---|---|
| Top Product Type Segment | Long Range |
| Total Market Share in 2024 | 66.4% |
The long-range isothermal boxes for vaccines are demanded by the end users owing to their high cold life which is a minimum of 96 hours offered by the long-range segment. Demand for long-range isothermal boxes is also booming to facilitate the safe delivery of vaccines to isolated and rural areas without access to any viable refrigeration facilities.
The overall market is evolving fast with the growing emphasis on the use of sustainable materials in healthcare products and industries. Moreover, reusable packaging aids in the reduction of the usage of refrigerants and insulation materials that are linked with ozone depletion and global warming. The use of reusable insulated containers for multiple transportation is also significantly cost-effective.
The key players operating in isothermal boxes for the vaccines sector are adopting the partnership & collaboration strategy to utilize the resources along with efficiently catering to the increasing demand in the market. Also, the key players are expanding their presence by establishing manufacturing facilities across the untapped regions.
Recent Developments in the Global Isothermal Box for Vaccine Market
| Attribute | Details |
|---|---|
| Estimated Market Size (2024) | US$ 202.6 million |
| Projected Market Size (2034) | US$ 355.8 million |
| Anticipated Growth Rate (2024 to 2034) | 5.8% |
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | US$ million or billion for Value and Units for Volume |
| Key Regions Covered | North America, Latin America, Europe, Middle East & Africa (MEA), East Asia, South Asia and Oceania |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
| Key Segments Covered | By Product Type, By Material Used, and By Region |
| Key Companies Profiled |
|
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The isothermal box for vaccine market is valued at US$ 202.6 million in 2024.
The isothermal box for vaccine market is to develop at 5.8% during the forecast period.
The isothermal box for vaccine market is predicted to be valued at US$ 355.8 million by 2034.
The isothermal box for vaccine market was valued at US$ 139.3 million in 2019.
India is predicted to witness a CAGR of 7.7% in sales of isothermal boxes for vaccine through 2034.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Manufacturer 3.5.1.2. Mid-Level Participants 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2024 to 2034 5.3.1. Short Range Isothermal Boxes 5.3.1.1. <5 Litres 5.3.1.2. 5 - 15 Litres 5.3.1.3. 16 - 25 Litres 5.3.2. Long Range Isothermal Boxes 5.3.2.1. <5 - 15 Litres 5.3.2.2. 16 to 25 Litres 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Material, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Material, 2024 to 2034 6.3.1. Polypropylene (PP) 6.3.2. Polystyrene (PS) 6.3.3. Polyurethane (PU) 6.3.4. Polyethylene (PE) 6.3.5. Others 6.4. Y-o-Y Growth Trend Analysis By Material, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Material, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023 7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034 7.3.1. North America 7.3.2. Latin America 7.3.3. Western Europe 7.3.4. Eastern Europe 7.3.5. South Asia and Pacific 7.3.6. East Asia 7.3.7. Middle East and Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 8.2.1. By Country 8.2.1.1. USA 8.2.1.2. Canada 8.2.2. By Product Type 8.2.3. By Material 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Product Type 8.3.3. By Material 8.4. Key Takeaways 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Product Type 9.2.3. By Material 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Product Type 9.3.3. By Material 9.4. Key Takeaways 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. UK 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Western Europe 10.2.2. By Product Type 10.2.3. By Material 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product Type 10.3.3. By Material 10.4. Key Takeaways 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Poland 11.2.1.2. Russia 11.2.1.3. Czech Republic 11.2.1.4. Romania 11.2.1.5. Rest of Eastern Europe 11.2.2. By Product Type 11.2.3. By Material 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product Type 11.3.3. By Material 11.4. Key Takeaways 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. India 12.2.1.2. Bangladesh 12.2.1.3. Australia 12.2.1.4. New Zealand 12.2.1.5. Rest of South Asia and Pacific 12.2.2. By Product Type 12.2.3. By Material 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product Type 12.3.3. By Material 12.4. Key Takeaways 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.2. By Product Type 13.2.3. By Material 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product Type 13.3.3. By Material 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Product Type 14.2.3. By Material 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Product Type 14.3.3. By Material 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. USA 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2023 15.1.2.1. By Product Type 15.1.2.2. By Material 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2023 15.2.2.1. By Product Type 15.2.2.2. By Material 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2023 15.3.2.1. By Product Type 15.3.2.2. By Material 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2023 15.4.2.1. By Product Type 15.4.2.2. By Material 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2023 15.5.2.1. By Product Type 15.5.2.2. By Material 15.6. UK 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2023 15.6.2.1. By Product Type 15.6.2.2. By Material 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2023 15.7.2.1. By Product Type 15.7.2.2. By Material 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2023 15.8.2.1. By Product Type 15.8.2.2. By Material 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2023 15.9.2.1. By Product Type 15.9.2.2. By Material 15.10. Poland 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2023 15.10.2.1. By Product Type 15.10.2.2. By Material 15.11. Russia 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2023 15.11.2.1. By Product Type 15.11.2.2. By Material 15.12. Czech Republic 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2023 15.12.2.1. By Product Type 15.12.2.2. By Material 15.13. Romania 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2023 15.13.2.1. By Product Type 15.13.2.2. By Material 15.14. India 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2023 15.14.2.1. By Product Type 15.14.2.2. By Material 15.15. Bangladesh 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2023 15.15.2.1. By Product Type 15.15.2.2. By Material 15.16. Australia 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2023 15.16.2.1. By Product Type 15.16.2.2. By Material 15.17. New Zealand 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2023 15.17.2.1. By Product Type 15.17.2.2. By Material 15.18. China 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2023 15.18.2.1. By Product Type 15.18.2.2. By Material 15.19. Japan 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2023 15.19.2.1. By Product Type 15.19.2.2. By Material 15.20. South Korea 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2023 15.20.2.1. By Product Type 15.20.2.2. By Material 15.21. GCC Countries 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2023 15.21.2.1. By Product Type 15.21.2.2. By Material 15.22. South Africa 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2023 15.22.2.1. By Product Type 15.22.2.2. By Material 15.23. Israel 15.23.1. Pricing Analysis 15.23.2. Market Share Analysis, 2023 15.23.2.1. By Product Type 15.23.2.2. By Material 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Product Type 16.3.3. By Material 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. B Medical Systems Sarl 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. AOV International Llp 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. Nilkamal Limited 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. Apex International 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. Blowkings India 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. AUCMA Co., Ltd. 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. EBARA Inc. 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. Termo-Cont MK LLC. 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. CIP Industries cc 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 17.1.10. Gio'Style Lifestyle S.p.A. 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.10.5.2. Product Strategy 17.1.10.5.3. Channel Strategy 17.1.11. Coldpack Systems S.A.S. 17.1.11.1. Overview 17.1.11.2. Product Portfolio 17.1.11.3. Profitability by Market Segments 17.1.11.4. Sales Footprint 17.1.11.5. Strategy Overview 17.1.11.5.1. Marketing Strategy 17.1.11.5.2. Product Strategy 17.1.11.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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Isothermal Box for Vaccine Market
