by Corinne Gangloff
February 1, 2022
Cleveland OH, February 1, 2022 – A new Freedonia Group analysis projects global demand for vaccine packaging to rise 6.9% annually to $3.6 billion in 2025. Factors driving this gain will include:
Through 2022 and into 2023, the increasing availability and use of vaccines to combat COVID-19 will generate a significant spike in demand for vaccine packaging. However, by 2025 the market is expected to have moderated as the pandemic is brought under control, mass vaccination efforts seize, and average prices for the vaccine fall as production normalizes and a higher proportion of doses are sold to low-income countries.
Glass vials will be among the most used types of vaccine packaging due to their low cost, strong barrier properties, and breadth of applications served. Demand in the short-term will be bolstered by the widespread distribution of COVD-19 vaccines, which were exclusively packaged in glass vials in 2020 and 2021 as mass vaccination campaigns around the world made multi-dose packaging both efficient and effective.
However, prefillable syringes – which pose a much lower risk of cross contamination and are easier to use because they do not require pre-injection preparation – continue to provide stiff competition to multi-dose glass vial packaging. As the global vaccination rate for COVID-19 increases, it is likely that more doses will be packaged in prefilled syringes, which reduce waste if there are not many people who require doses at the same time.
Want to Learn More?
Global Vaccine Packaging, now available from The Freedonia Group, presents historical data (2010, 2015, and 2020) and forecasts for 2025 and 2030 for vaccine packaging demand by global region and country. Among the specific products covered are:
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