COVID-19 Vaccine Packaging and Delivery Devices Market - Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Market Overview

The global COVID-19 vaccine packaging and delivery devices market is expected to expand from USD 1,102.25 million in 2024 to around USD 1,936.76 million by 2032, registering a compound annual growth rate (CAGR) of 7.3% over the forecast period.

This projected growth highlights the vital importance of reliable packaging and delivery systems in global vaccination campaigns—not only for COVID-19 but also for other emerging infectious diseases. These solutions play a crucial role in maintaining vaccine integrity during storage and transportation while ensuring compliance with stringent regulatory standards and addressing rising worldwide demand.
Market Drivers

Increased Investment in R&D and Packaging Innovation
Rising investments in research and development are significantly propelling market growth. A notable example is Corning Incorporated, which secured $204 million in funding from the Biomedical Advanced Research and Development Authority (BARDA) to scale up production of its Valor® Glass vials. These vials offer enhanced durability and chemical stability, reducing the risks of breakage and delamination. Such developments underscore the industry's focus on safer, more efficient packaging materials that support vaccine efficacy.
Market Challenges

Compliance with Stringent Regulatory Standards
A key hurdle in the market is the complex regulatory landscape governed by agencies such as the U.S. Food and Drug Administration (FDA), European Medicines Agency (EMA), and the World Health Organization (WHO). These bodies enforce rigorous standards for safety, quality, and performance of packaging and delivery devices. Compliance often requires substantial investment in testing and validation, increasing both operational complexity and production costs—especially challenging for smaller firms and emerging market participants.
Market Segmentation

By Product Type:

Vials

Plastic

Glass

Syringes

Empty

Prefilled

By Region:

North America

United States

Canada

Mexico

Europe

Germany

France

United Kingdom

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Southeast Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

Key Players in the Market

BD (Becton, Dickinson and Company)

B. Braun Melsungen AG

Hindustan Syringes & Medical Devices Ltd.

Terumo Corporation

Nipro Medical Corporation

SCHOTT AG

Gerresheimer AG

Cardinal Health

West Pharmaceutical Services, Inc.

Stevanato Group