The travel vaccines market in Asia Pacific is expected to grow from US$ 486.56 million in 2021 to US$ 1,023.07 million by 2028; it is estimated to grow at a CAGR of 11.2% from 2021 to 2028.
Rising awareness related to the benefits of vaccines is the major factor leading to the growth of the travel vaccines market in the region. Most countries have mandated vaccination against various infectious diseases. However, there is a lack of awareness about vaccination in most low-and middle-income countries. Many countries conduct awareness campaigns for vaccination. In 2018, 17 countries in the Western Pacific region had celebrated “world immunization week” with the theme of “protected together VaccinesWork.” Moreover, international organizations offer vaccines to children in low- and middle-income countries against pneumonia, HPV infections, and rotavirus in Asia Pacific. On the other hand, vaccination awareness is also an important part of the public health system among developed countries. Such initiatives are increasing the immunization and production of vaccines to offer growth opportunities for the market. Also, it will educate people regarding travel vaccines. As there has been an increase in travel across regions in search of better job opportunities and health, domestic and international travelers are always at a risk of exposing to infectious diseases and may transmit them to others before or after travel. Therefore, such initiatives and programs are creating a scope for travel vaccines and establish a robust market in low- and middle-income countries.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific travel vaccines market. The Asia Pacific travel vaccines market is expected to grow at a good CAGR during the forecast period.
Abbott; Bharat Biotech; Emergent BioSolutions Inc.; GlaxoSmithKline plc; Merck & Co., Inc.; Novartis AG; Pfizer Inc.; and Sanofi are among the leading companies in the travel vaccines market in the region.
Rising awareness related to the benefits of vaccines is the major factor leading to the growth of the travel vaccines market in the region. Most countries have mandated vaccination against various infectious diseases. However, there is a lack of awareness about vaccination in most low-and middle-income countries. Many countries conduct awareness campaigns for vaccination. In 2018, 17 countries in the Western Pacific region had celebrated “world immunization week” with the theme of “protected together VaccinesWork.” Moreover, international organizations offer vaccines to children in low- and middle-income countries against pneumonia, HPV infections, and rotavirus in Asia Pacific. On the other hand, vaccination awareness is also an important part of the public health system among developed countries. Such initiatives are increasing the immunization and production of vaccines to offer growth opportunities for the market. Also, it will educate people regarding travel vaccines. As there has been an increase in travel across regions in search of better job opportunities and health, domestic and international travelers are always at a risk of exposing to infectious diseases and may transmit them to others before or after travel. Therefore, such initiatives and programs are creating a scope for travel vaccines and establish a robust market in low- and middle-income countries.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific travel vaccines market. The Asia Pacific travel vaccines market is expected to grow at a good CAGR during the forecast period.
Asia Pacific Travel Vaccines Market Segmentation
Asia Pacific travel vaccines market is segmented into product, application, and country. The Asia Pacific travel vaccines market, based on product, is segmented into hepatitis A, hepatitis B, meningococcal vaccines, and others. In 2021, the others segment held the largest share of the market. The Asia Pacific travel vaccines market, based on application, is segmented into domestic travel and outbound travel. In 2021, the outbound travel segment held the largest market share. Based on country, the Asia Pacific travel vaccines market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific.Abbott; Bharat Biotech; Emergent BioSolutions Inc.; GlaxoSmithKline plc; Merck & Co., Inc.; Novartis AG; Pfizer Inc.; and Sanofi are among the leading companies in the travel vaccines market in the region.
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Travel Vaccines Market - By Product
1.3.2 APAC Travel Vaccines Market - By Application
1.3.3 APAC Travel Vaccines Market - By Country
2. APAC Travel Vaccines Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Travel Vaccines Market- Market Landscape
4.1 Overview
4.2 APAC PEST Analysis
4.3 Expert Opinion
5. APAC Travel Vaccines Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Travel and Tourism on Rise
5.1.2 Surge in Incidences of Infectious Diseases
5.2 Market Restraints
5.2.1 High Cost of Travel Vaccines
5.3 Market Opportunities
5.3.1 Rising Awareness Regarding Vaccines
5.4 Future Trends
5.4.1 Never-ending Demand for Vaccines
5.5 Impact Analysis
6. Travel Vaccines Market - APAC Analysis
6.1 APAC Travel Vaccines Marker Revenue Forecast and Analysis
7. APAC Travel Vaccines Market Analysis - By Product
7.1 Overview
7.2 APAC Travel Vaccines Market Revenue Share, by Product (2021 and 2028)
7.3 Hepatitis A
7.3.1 Overview
7.3.2 Hepatitis A: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
7.4 Hepatitis B
7.4.1 Overview
7.4.2 Hepatitis B: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
7.5 Meningococcal Vaccines
7.5.1 Overview
7.5.2 Meningococcal Vaccines: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
8. APAC Travel Vaccines Market Analysis - By Application
8.1 Overview
8.2 APAC Travel Vaccines Market Revenue Share, by Application (2021 and 2028)
8.3 Domestic Travel
8.3.1 Overview
8.3.2 Domestic Travel: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Outbound Travel
8.4.1 Overview
8.4.2 Outbound Travel: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
9. APAC Travel Vaccines Market - Country Analysis
9.1 Overview
9.1.1 APAC: Travel Vaccines Market, by Country, 2020 & 2028 (%)
9.1.1.1 China: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.1.1 China: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.1.2 China: Travel Vaccines Market, by Product, 2019-2028 (US$ ‘Million)
9.1.1.1.3 China: Travel Vaccines Market, by Application, 2019-2028 (US$ ‘Million)
9.1.1.2 Japan: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.2.1 Japan: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.2.2 Japan: Travel Vaccines Market, by Product, 2019-2028 (US$ ‘Million)
9.1.1.2.3 Japan: Travel Vaccines Market, by Application, 2019-2028 (US$ ‘Million)
9.1.1.3 India: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.3.1 India: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.3.2 India: Travel Vaccines Market, by Product, 2019-2028 (US$ ‘Million)
9.1.1.3.3 India: Travel Vaccines Market, by Application, 2019-2028 (US$ ‘Million)
9.1.1.4 Australia: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.4.1 Australia: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.4.2 Australia: Travel Vaccines Market, by Product, 2019-2028 (US$ ‘Million)
9.1.1.4.3 Australia: Travel Vaccines Market, by Application, 2019-2028 (US$ ‘Million)
9.1.1.5 South Korea: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.5.1 South Korea: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.5.2 South Korea: Travel Vaccines Market, by Product, 2019-2028 (US$ ‘Million)
9.1.1.5.3 South Korea: Travel Vaccines Market, by Application, 2019-2028 (US$ ‘Million)
9.1.1.6 Rest of APAC: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.6.1 Rest of APAC: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
9.1.1.6.2 Rest of APAC: Travel Vaccines Market, by Product, 2019-2028 (US$ ‘Million)
9.1.1.6.3 Rest of APAC: Travel Vaccines Market, by Application, 2019-2028 (US$ ‘Million)
10. Travel Vaccines Market-Industry Landscape
10.1 Overview
10.2 Growth Strategies in the Travel Vaccines Market, (%)
10.3 Organic Developments
10.3.1 Overview
10.4 Inorganic Developments
10.4.1 Overview
11. Company Profiles
11.1 GlaxoSmithKline plc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Merck & Co., Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Sanofi
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Novartis AG
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Pfizer Inc.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Emergent BioSolutions Inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Abbott
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 BHARAT BIOTECH
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Glossary of Terms
List of Figures
Figure 1. APAC Travel Vaccines Market Segmentation
Figure 2. APAC Travel Vaccines Market - By Country
Figure 3. APAC Travel Vaccines Market Overview
Figure 4. APAC Outbound Segment Held Largest Share of Travel Vaccines Market by Product
Figure 5. India to Show Significant Growth During Forecast Period
Figure 6. APAC: PEST Analysis
Figure 7. Expert Opinion
Figure 8. APAC Travel Vaccines Market Impact Analysis of Drivers and Restraints
Figure 9. APAC Travel Vaccines Market - Revenue Forecast and Analysis - 2021- 2028
Figure 10. APAC Travel Vaccines Market Revenue Share, by Product (2021 and 2028)
Figure 11. APAC Hepatitis A: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Hepatitis B: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Meningococcal Vaccines: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Others: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC Travel Vaccines Market Revenue Share, by Application (2021 and 2028)
Figure 16. APAC Domestic Travel: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Outbound Travel: Travel Vaccines Market- Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC: Travel Vaccines Market, by Key Country - Revenue (2021) (US$ ‘Million)
Figure 19. APAC: Travel Vaccines Market, by Country, 2020 & 2028 (%)
Figure 20. China: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
Figure 21. Japan: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
Figure 22. India: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
Figure 23. Australia: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
Figure 24. South Korea: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
Figure 25. Rest of APAC: Travel Vaccines Market - Revenue and Forecast to 2028 (US$ ‘Million)
Figure 26. Growth Strategies in the Travel Vaccines Market, (%)List of Tables
Table 1. China: Travel Vaccines Market, by Product - Revenue and Forecast to 2028 (US$ ‘Million)
Table 2. China: Travel Vaccines Market, by Application - Revenue and Forecast to 2028 (US$ ‘Million)
Table 3. Japan: Travel Vaccines Market, by Product - Revenue and Forecast to 2028 (US$ ‘Million)
Table 4. Japan: Travel Vaccines Market, by Application - Revenue and Forecast to 2028 (US$ ‘Million)
Table 5. India: Travel Vaccines Market, by Product - Revenue and Forecast to 2028 (US$ ‘Million)
Table 6. India: Travel Vaccines Market, by Application - Revenue and Forecast to 2028 (US$ ‘Million)
Table 7. Australia: Travel Vaccines Market, by Product - Revenue and Forecast to 2028 (US$ ‘Million)
Table 8. Australia: Travel Vaccines Market, by Application - Revenue and Forecast to 2028 (US$ ‘Million)
Table 9. South Korea: Travel Vaccines Market, by Product - Revenue and Forecast to 2028 (US$ ‘Million)
Table 10. South Korea: Travel Vaccines Market, by Application - Revenue and Forecast to 2028 (US$ ‘Million)
Table 11. Rest of APAC: Travel Vaccines Market, by Product - Revenue and Forecast to 2028 (US$ ‘Million)
Table 12. Rest of APAC: Travel Vaccines Market, by Application - Revenue and Forecast to 2028 (US$ ‘Million)
Table 13. Organic Developments Done by Companies
Table 14. Inorganic Developments Done by Companies
Table 15. Glossary of Terms, APAC Travel vaccines Market
Companies Mentioned
- Abbott
- Bharat Biotech
- Emergent BioSolutions Inc.
- GlaxoSmithKline plc
- Merck & Co., Inc.
- Novartis AG
- Pfizer Inc.
- Sanofi
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 124 |
| Published | August 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 486.56 Million |
| Forecasted Market Value ( USD | $ 1023.07 Million |
| Compound Annual Growth Rate | 11.2% |
| Regions Covered | Asia Pacific |
| No. of Companies Mentioned | 8 |
