Sarasota, FL -- (SBWIRE) -- 11/26/2018 -- Global Isothermal Boxes for Vaccines Market: Overview
Small vaccine carriers and cold boxes are utilized to keep vaccines cold while shipping. The superset of vaccine carriers and cold boxes are called isothermal boxes. These vaccine carriers are almost similar to cold boxes; apart from they have a comparatively smaller volume. The demand and popularity of the market for isothermal boxes for vaccines are mainly due to the growing need for cost-effective and cold chain solutions for vaccine transportation.
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Global Isothermal Boxes for Vaccines Market: Growth Factors
Increasing demand for cold chain, economic solutions for transporting vaccines is likely to be the major growth driver in the isothermal boxes for vaccines market in the forecast time period. In spite of extreme support from the regional governments and different organizations, several children die annually owing to inappropriate vaccinations due to the shortage of last-mile reach of vaccination campaigns. In addition, the isothermal boxes for vaccines are also utilized in shipping of vaccines from the key healthcare centers to intermediary vaccines stores. In case of a breakdown, vaccines can lose their effectiveness and need to be kept at the required range of temperatures. Thus, the market for isothermal boxes for vaccines globally is gaining popularity.
Poor administration of supply chain might obstruct the expansion of the isothermal boxes for vaccines market on a global scale. Poor administration incorporates the incorrect utilization of coolant-packs and the choice of inapt isothermal boxes.
Global Isothermal Boxes for Vaccines Market: Segmentation
The isothermal boxes for vaccines market can be classified based on product type and material. By product type, this market is bifurcated into long range and short range. The long range isothermal boxes for vaccines segment is sub-categorized into between 5 and 15 liters and between 15 and 25 liters. The short range isothermal boxes for vaccines segment is sub-categorized into between 15 and 25 liters, between 5 and 15, less than 5 liters. By material, the market for isothermal boxes for vaccines includes Polystyrene (PS), Polypropylene (PP), Polyethylene (PE), Polyurethane (PU), and others.
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Global Isothermal Boxes for Vaccines Market: Regional Analysis
Based on geography, the global isothermal boxes for vaccines market is classified into Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. The Asia Pacific region is projected to register the highest growth rate in the upcoming years. This is due to rapid urbanization witnessed in the emerging economies, such as India and China. The major share of vaccine sales is mainly sourced from five key MNCs. High income countries comprise a major share of the vaccine sales globally. On the other hand, based on vaccines volume, these countries are likely to account for a minimum share of the market. The global isothermal boxes for vaccines market in North America is mainly dominated by the U.S and Canada. This regional dominance can be attributed to advanced healthcare facilities and continuous investments made in the research and development activities across the region.
Global Isothermal Boxes for Vaccines Market: Competitive Players
Some key players in the global isothermal boxes for vaccines market are B Medical Systems, CIP Industries, Cold Pack Systems, Termo-Cont, AirContainer Packaging System, EBARA Corporation, Giostyle, Polar Tech, AOV International, InsulTote, Sonoco, Apex International, Blowkings, AUCMA, and Nilkamal Limited, among others.
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Global Isothermal Boxes for Vaccines Market: Regional Segment Analysis
The Asia Pacific
The Middle East and Africa
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