Isothermal Boxes for Vaccines Market: Long Range Isothermal Boxes to Witness Increase in Market Share During the Forecast Period: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028

  • Published: 2018-06-22
  • Report Code: REP-GB-6973

An Incisive, In-depth Analysis on the Isothermal Boxes For Vaccines Market

This study offers a comprehensive, 360 degree analysis on the Isothermal Boxes For Vaccines market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Isothermal Boxes For Vaccines market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Isothermal Boxes for Vaccines Market Analysis: Over 60% of sales expected to be generated by long-range isothermal boxes for vaccines, which is expected to increase to nearly 70% by the end of 2028

The global isothermal boxes for vaccines market was valued at US$ 131.7 Mn in 2017 and is projected to grow at a CAGR of 6.8%, to reach a market size of US$ 269.3 Mn by the end of the forecast period.

Cold boxes and small vaccine carriers are products used to keep vaccines cool during transportation. In this report, the superset of cold boxes and vaccine carriers has been considered as isothermal boxes. Vaccine carriers are the same as cold boxes, except that they have a relatively smaller volume. Since both short range and long range vaccine carriers have a lower capacity as compared to short range cold boxes, they have been considered in the capacity category of <5 litres. The market standards for the production of isothermal boxes are set by the WHO. The market consists of several organizations and companies that supply/manufacture only WHO-approved isothermal boxes as well as independent companies that sell their own variants. However, isothermal boxes are fairly easy to use and require minimum level of skills. Both cold boxes and vaccine carriers are passive carriers, and therefore, require coolant packs that provide warming for a certain time period. Vaccine carriers, owing to their lower capacity, are more portable. They are used for transporting vaccines and diluents from healthcare facilities to remote areas where ice and refrigeration are not available. 

Passive container systems are thermally insulated containers with opening lids and compatible coolant packs. It is advised to have an extra set of coolant packs ready while traveling with isothermal boxes. Coolant packs can be frozen, conditioned, cooled and warmed before use in order to cater to various temperature requirements of vaccines. Isothermal boxes for vaccines are majorly used to aid last mile reach.

Drivers & Restraints

The usage of isothermal boxes for vaccines is expected to increase rapidly during the forecast period owing to an increase in the demand for economical cold chain solutions for the last-mile reach of vaccines. Despite heavy support from the local government and various organizations, a number of children die each every year due to improper vaccinations owing to lack of last-mile reach of immunization campaigns. Isothermal boxes for vaccines, especially vaccine carriers, due to their small size, can be carried by a single health worker on foot or on a bicycle to an outreach session. Furthermore, isothermal boxes for vaccines are also used in transportation of vaccines from the primary healthcare centres to intermediate vaccines stores.

Poor management of supply chain is likely to hamper the growth of the global isothermal boxes for vaccines market. Poor management includes the incorrect usage of coolant-packs and the selection of inappropriate isothermal boxes, among others. Moreover, vaccines are likely to lose their potency in case of failure to maintain the supply chain at the desired range of temperatures. As a result, concentrated efforts are being made to introduce freeze-safe isothermal boxes for vaccines in the market.

Market Taxonomy

The market has been segmented on the basis of materials, product type and region. 

The various materials considered in this report include – Polypropylene (PP), Polystyrene Foam (PS), Polyurethane (PU), Polyethylene (PE), and other plastics. The others segment includes plastics such as PVC that are rarely used in isothermal boxes.

By product type, the market has been segmented as ‘short range’ and ‘long range’. The short range segment has further been subdivided into three categories: <5 litres, 5 – 15 litres and 15 – 25 litres. The long range segment has been sub-divided into the following two categories: 5 – 15 litres, and 15 – 25 litres.  The study has been divided into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA) and Japan. It is to be noted that any cold chain product with a vaccine storage capacity of more than 25 litres has not been considered in this market assessment report.

In this report, Future Market Insights (FMI) offers a 10-year forecast of the global isothermal boxes for vaccines market between 2018 and 2028. In terms of value, the market is expected to grow at a CAGR of 6.8% over the forecast period. The study reveals market dynamics in seven geographic segments along with market analysis for the current market environment and future scenario over the forecast period.

Report Description

This Future Market Insights report studies the global isothermal boxes for vaccines market for the period 2018–2028. The prime objective of this report is to offer insights and key market trends pertaining to the global isothermal boxes for vaccines market that gradually help transform global businesses.

Market numbers have been assessed on the basis of consumption and weighted average pricing of isothermal boxes for vaccines on the basis of product type. Market size and forecast for each segment has been provided in the context of regional markets. All the segmentation has been considered after appropriate secondary research and revalidation of the data obtained through interviews with key thought leaders in the industry. Top-down approach has been used to estimate the isothermal boxes for vaccines market by country. Company-level market share has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates.

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, World Bank, Packaging Digest and Hoover’s, as well as company annual reports & publications.

The global isothermal boxes for vaccines market report begins with an executive summary for various categories and their share in the isothermal boxes for vaccines market. It is then followed by a thorough definition of the product describing the scope of the study. A detailed description of the Performance, Quality and Safety (PQS) specifications mandated by the WHO for cold boxes as well as vaccine carriers has been highlighted in the report. A detailed infographic has been provided in the report for a better understanding of the immunization supply chain, of which isothermal boxes are an integral part.

A porter’s analysis section ensures thorough understanding of the level of competition in the isothermal boxes for vaccines market. PESTLE analysis has been performed to identify the various factors that influence the market. This is followed by market dynamics and overview of the global isothermal boxes for vaccines market, which includes FMI analysis of market drivers, restraints, and trends that are affecting the growth of the isothermal boxes for vaccines market.

The various materials considered in this report include – Polypropylene (PP), Polystyrene foam (PS), Polyurethane (PU), Polyethylene (PE) and other plastics. The others segment includes plastics such as PVC that are rarely used in isothermal boxes.

By product type, the market has been segmented as ‘short range’ and ‘long range’. The short range segment has been further subdivided into three categories: <5 litres, 5 – 15 litres and 15 – 25 litres. The long range segment has been sub-divided into the following two categories: 5 – 15 litres and 15 – 25 litres.  The study has been divided into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA) and Japan. It is to be noted that any cold chain product with a vaccine storage capacity of more than 25 litres has not been considered in this market assessment report.

The next section of the report highlights the isothermal boxes for vaccines market by region and provides the market outlook for 2018–2028. The study investigates the regional year-on-year (Y-o-Y) growth. Main regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, the Middle East & Africa (MEA) and Japan. The report evaluates the present scenario and growth prospects of the regional isothermal boxes for vaccines market for 2018–2028.

To ascertain the market size in terms of value and volume, revenue generated by the key manufacturers and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value across the isothermal boxes for vaccines market. In order to provide an accurate forecast, we started by sizing up the current market, which forms the basis on how the isothermal boxes for vaccines market is expected to develop in the future. Given the characteristics of the market, we have triangulated the outcome on the basis of three different types of analysis: based on supply side, downstream industry demand and the economic envelope. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market based on key parameters, such as Y-o-Y growth rates, to understand the predictability of the isothermal boxes for vaccines market and identify the right opportunities for players.

The market segments for the global isothermal boxes for vaccines market have been analysed in terms of Basis Point Share (BPS) to understand the relative contributions of each segment to market growth. This detailed level of information is important for identifying various key trends in the isothermal boxes for vaccines market. Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. Absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve as well as to identify potential resources from a delivery perspective of the isothermal boxes for vaccines market. The overall absolute dollar opportunity is mentioned in the report.

To understand key growth segments in terms of growth and adoption for isothermal boxes for vaccines globally, Future Market Insights developed the isothermal boxes for vaccines market ‘Attractiveness Index.’ The resulting index is expected to help providers identify real market opportunities.

In the final section of the report on isothermal boxes for vaccines, a ‘dashboard view’ of the companies is provided to compare the current industrial scenario and their contribution in the total isothermal boxes for vaccines market. Moreover, it is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors.

Some of the key players operating in the market are Nilkamal Limited, Apex International, B Medical Systems, AOV International, Blowkings, Giostyle S.P.A., EBARA Corporation, AUCMA, Termo-Cont MK LLC, CIP Industries cc and Cold Pack Systems S.A.S.

Key segments covered

  • By Product Type

    • Short range

      • < 5 litres

      • 5 – 15 litres

      • 15 – 25 litres

    • Long range

      • 5 – 15 litres

      • 15 – 25 litres

  • By Material

    • Polypropylene (PP)

    • Polystyrene (PS)

    • Polyurethane (PU)

    • Polyethylene (PE)

    • Others

Key regions covered

  • North America

    • U.S.

    • Canada

  • Latin America

    • Brazil

    • Mexico

    • Argentina

    • Rest of Latin America

  • Western Europe

    • Germany

    • France

    • U.K.

    • Spain

    • Italy

    • Nordic

    • Benelux

    • Rest of Western Europe

  • Eastern Europe

    • Russia

    • Poland

    • Rest of Eastern Europe

  • Asia Pacific Excluding Japan

    • China

    • India

    • ASEAN

    • Australia & New Zealand

    • Rest of APEJ

  • Middle East & Africa

    • GCC Countries

    • North Africa

    • South Africa

    • Rest of MEA

  • Japan

Isothermal Boxes For Vaccines Market Reports - Table of Contents

Isothermal Boxes For Vaccines Market Reports - List of Tables

Table 01: Global Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Product Type, 2013(A) – 2028(F)

Table 02: Global Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Material, 2013(A) – 2028(F)

Table 03: Global Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Region, 2013(A) – 2028(F)

Table 04: North America Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Country, 2013(A) – 2028(F)

Table 05: North America Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Product Type, 2013(A) – 2028(F)

Table 06: North America Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Material, 2013(A) – 2028(F)

Table 07: Latin America Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Country, 2013(A) – 2028(F)

Table 08: Latin America Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Product Type, 2013(A) – 2028(F)

Table 09: Latin America Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Material, 2013(A) – 2028(F)

Table 10: Western Europe Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Country, 2013(A) – 2028(F)

Table 11: Western Europe Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Product Type, 2013(A) – 2028(F)

Table 12: Western Europe Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Material, 2013(A) – 2028(F)

Table 13: Eastern Europe Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Country, 2013(A) – 2028(F)

Table 14: Eastern Europe Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Product Type, 2013(A) – 2028(F)

Table 15: Eastern Europe Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Material, 2013(A) – 2028(F)

Table 16: APEJ Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Country, 2013(A) – 2028(F)

Table 17: APEJ Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Product Type, 2013(A) – 2028(F)

Table 18: APEJ Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Material, 2013(A) – 2028(F)

Table 19: MEA Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Country, 2013(A) – 2028(F)

Table 20: MEA Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Product Type, 2013(A) – 2028(F)

Table 21: MEA Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Material, 2013(A) – 2028(F)

Table 22: Japan Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Product Type, 2013(A) – 2028(F)

Table 23: Japan Isothermal Boxes for Vaccines Value (US$ ‘000) and Volume (Units) Forecast, by Material, 2013(A) – 2028(F)

Isothermal Boxes For Vaccines Market Reports - List of Figures

Figure 01: Global Isothermal Boxes for Vaccines Market BP Analysis, by Product Type, 2013(A), 2018(E), & 2028(F)

Figure 02: Global Isothermal Boxes for Vaccines Market Revenue Y-o-Y Growth Analysis, by Product Type, 2014(A) - 2028(F)

Figure 03: Global Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Product Type, 2018 (E) - 2028 (F)

Figure 04: Global Isothermal Boxes for Vaccines Market BP Analysis, by Material, 2013(A), 2018(E), & 2028(F)

Figure 05: Global Isothermal Boxes for Vaccines Market Revenue Y-o-Y Growth Analysis, by Material, 2014(A) - 2028(F)

Figure 06: Global Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Material, 2018 (E) - 2028 (F)

Figure 07: Global Isothermal Boxes for Vaccines Market BP Analysis, by Region, 2013(A), 2018(E), & 2028(F)

Figure 08: Global Isothermal Boxes for Vaccines Market Revenue Y-o-Y Growth Analysis, by Region, 2014(A) - 2028(F)

Figure 09: Global Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Region, 2018 (E) - 2028 (F)

Figure 10: North America Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Country, 2018(E) – 2028(F)

Figure 11: North America Isothermal Boxes for Vaccines Market BP Analysis, by Country, 2013(A), 2018(E), & 2028(F)

Figure 12: North America Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Product Type, 2014(A) – 2028(F)

Figure 13: North America Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Product Type, 2018(E) – 2028(F)

Figure 14: North America Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Material, 2014(A) – 2028(F)

Figure 15: North America Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Material, 2018(E) – 2028(F)

Figure 16: Latin America Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Country, 2018(E) – 2028(F)

Figure 17: Latin America Isothermal Boxes for Vaccines Market BP Analysis, by Country, 2013(A), 2018(E), & 2028(F)

Figure 18: Latin America Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Product Type, 2014(A) – 2028(F)

Figure 19: Latin America Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Product Type, 2018(E) – 2028(F)

Figure 20: Latin America Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Material, 2014(A) – 2028(F)

Figure 21: Latin America Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Material, 2018(E) – 2028(F)

Figure 22: Western Europe Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Country, 2018(E) – 2028(F)

Figure 23: Western Europe Isothermal Boxes for Vaccines Market BP Analysis, by Country, 2013(A), 2018(E), & 2028(F)

Figure 24: Western Europe Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Product Type, 2014(A) – 2028(F)

Figure 25: Western Europe Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Product Type, 2018(E) – 2028(F)

Figure 26: Western Europe Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Material, 2014(A) – 2028(F)

Figure 27: Western Europe Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Material, 2018(E) – 2028(F)

Figure 28: Eastern Europe Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Country, 2018(E) – 2028(F)

Figure 29: Eastern Europe Isothermal Boxes for Vaccines Market BP Analysis, by Country, 2013(A), 2018(E), & 2028(F)

Figure 30: Eastern Europe Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Product Type, 2014(A) – 2028(F)

Figure 31: Eastern Europe Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Product Type, 2018(E) – 2028(F)

Figure 32: Eastern Europe Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Material, 2014(A) – 2028(F)

Figure 33: Eastern Europe Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Material, 2018(E) – 2028(F)

Figure 34: APEJ Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Country, 2018(E) – 2028(F)

Figure 35: APEJ Isothermal Boxes for Vaccines Market BP Analysis, by Country, 2013(A), 2018(E), & 2028(F)

Figure 36: APEJ Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Product Type, 2014(A) – 2028(F)

Figure 37: APEJ Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Product Type, 2018(E) – 2028(F)

Figure 38: APEJ Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Material, 2014(A) – 2028(F)

Figure 39: APEJ Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Material, 2018(E) – 2028(F)

Figure 40: MEA Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Country, 2018(E) – 2028(F)

Figure 41: MEA Isothermal Boxes for Vaccines Market BP Analysis, by Country, 2013(A), 2018(E), & 2028(F)

Figure 42: MEA Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Product Type, 2014(A) – 2028(F)

Figure 43: MEA Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Product Type, 2018(E) – 2028(F)

Figure 44: MEA Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Material, 2014(A) – 2028(F)

Figure 45: MEA Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Material, 2018(E) – 2028(F)

Figure 46: Japan Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Product Type, 2014(A) – 2028(F)

Figure 47: Japan Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Product Type, 2018(E) – 2028(F)

Figure 48: Japan Isothermal Boxes for Vaccines Market Y-o-Y Analysis, by Material, 2014(A) – 2028(F)

Figure 49: Japan Isothermal Boxes for Vaccines Market Attractiveness Analysis, by Material, 2018(E) – 2028(F)

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