Radioactive Packaging Market By Type (Type A, Type B, Others), By Product (Bottles, Intermediate bulk containers (IBCs), Drums, Pails, Others) By Material (Metal, Plastic, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2032

Description

Radioactive Packaging Market

The radioactive packaging market was valued at $757.6 million in 2023 and is projected to reach $1.2 billion by 2032, growing at a CAGR of 5.1% from 2024 to 2032.

Radioactive packaging involves the storage and packing of radioactive materials to prevent their exposure. Radioactive materials are highly unstable materials that demand highly secure packaging to prevent contamination risks during handling, transport, and storage. Packaging involves the usage of specialized dense materials such as lead and steel to form a shield, which contains vials or bottles inside to store radioactive materials. Radioactive packaging is subject to the stringent regulations established by institutions such as the U.S. Nuclear Regulatory Commission and the International Atomic Energy Agency.

Increase in the use of radioactive materials in diverse industries such as healthcare, oil exploration, and nuclear power generation is a significant driver of the radioactive packaging market. In addition, globalization of the trade of radioactive materials has led to surge in the transport of the material, hence boosting the demand for robust packaging solutions. Current trends in the radioactive packaging market indicate an inclination toward sustainability. Innovative designs with reusable packaging and collapsible containers are becoming the prominent choices for suppliers of radioactive materials.

However, volatility in the prices of raw materials necessary to develop the packing materials leads to uncertainty in the radioactive packaging market. Moreover, compliance with regulatory standards leads to boost in upfront expenses, hence presenting significant challenges for the market players. On the contrary, innovations in engineering and material science are expected to create highly efficient, safe, and cost-effective packaging solutions. Furthermore, decommissioning of old nuclear reactors and rise in awareness regarding the need to manage nuclear waste is projected to open new avenues for the radioactive packaging market.

Segment Review

The radioactive packaging market is segmented into type, product, material, and region. On the basis of type, the market is divided into type A, type B, and others. Depending on product, it is classified into bottles, intermediate bulk containers (IBCs), drums, pails, and others. As per material, it is classified into plastic, metals, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Key Findings

On the basis of type, the type A segment is expected to grow throughout the forecast period.

Depending on product, the intermediate bulk containers (IBCs) segment is anticipated to be the highest shareholder by 2032.

As per material, the metal segment is projected to dominate during the forecast period.

Region wise, Asia-Pacific is predicted to be the highest revenue generator by 2032.

Competition Analysis

The major players operating in the global radioactive packaging market include Air Sea Containers, Waste Control Systems, ATB Group S.p.A., Kvark Ltd., General Plastics, PerkinElmer, Croft Limited, Strategic Packaging Systems LLC, and Sosny Research and Development Company. These players have adopted various key developmental strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the market.

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Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Supply Chain Analysis & Vendor Margins
New Product Development/ Product Matrix of Key Players
Additional company profiles with specific to client's interest

Key Market Segments

By Type

Type A
Type B
Others

By Product

Bottles
Intermediate bulk containers (IBCs)
Drums
Pails
Others

By Material

Metal
Plastic
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Argentina
- Rest of LAMEA
Middle East and Africa
- UAE
- Saudi Arabia
- Africa
- Rest of Middle East and Africa

Key Market Players:

Air Sea Containers
Waste Control Systems
ATB Group S.p.A.
Kvark Ltd.
General Plastics
PerkinElmer
Croft Limited
Strategic Packaging Systems LLC
Sosny Research and Development Company

Product Code: A74682

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: RADIOACTIVE PACKAGING MARKET, BY TYPE

4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Type
4.2. Type A
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
4.3. Type B
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
4.4. Others
- 4.4.1. Key Market Trends, Growth Factors and Opportunities
- 4.4.2. Market Size and Forecast, By Region
- 4.4.3. Market Share Analysis, By Country

CHAPTER 5: RADIOACTIVE PACKAGING MARKET, BY PRODUCT

5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Product
5.2. Bottles
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
5.3. Intermediate Bulk Containers (IBCs)
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
5.4. Drums
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country
5.5. Pails
- 5.5.1. Key Market Trends, Growth Factors and Opportunities
- 5.5.2. Market Size and Forecast, By Region
- 5.5.3. Market Share Analysis, By Country
5.6. Others
- 5.6.1. Key Market Trends, Growth Factors and Opportunities
- 5.6.2. Market Size and Forecast, By Region
- 5.6.3. Market Share Analysis, By Country

CHAPTER 6: RADIOACTIVE PACKAGING MARKET, BY MATERIAL

6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Material
6.2. Metal
- 6.2.1. Key Market Trends, Growth Factors and Opportunities
- 6.2.2. Market Size and Forecast, By Region
- 6.2.3. Market Share Analysis, By Country
6.3. Plastic
- 6.3.1. Key Market Trends, Growth Factors and Opportunities
- 6.3.2. Market Size and Forecast, By Region
- 6.3.3. Market Share Analysis, By Country
6.4. Others
- 6.4.1. Key Market Trends, Growth Factors and Opportunities
- 6.4.2. Market Size and Forecast, By Region
- 6.4.3. Market Share Analysis, By Country

CHAPTER 7: RADIOACTIVE PACKAGING MARKET, BY REGION

7.1. Market Overview
- 7.1.1 Market Size and Forecast, By Region
7.2. North America
- 7.2.1. Key Market Trends and Opportunities
- 7.2.2. Market Size and Forecast, By Type
- 7.2.3. Market Size and Forecast, By Product
- 7.2.4. Market Size and Forecast, By Material
- 7.2.5. Market Size and Forecast, By Country
- 7.2.6. U.S. Radioactive Packaging Market
  - 7.2.6.1. Market Size and Forecast, By Type
  - 7.2.6.2. Market Size and Forecast, By Product
  - 7.2.6.3. Market Size and Forecast, By Material
- 7.2.7. Canada Radioactive Packaging Market
  - 7.2.7.1. Market Size and Forecast, By Type
  - 7.2.7.2. Market Size and Forecast, By Product
  - 7.2.7.3. Market Size and Forecast, By Material
- 7.2.8. Mexico Radioactive Packaging Market
  - 7.2.8.1. Market Size and Forecast, By Type
  - 7.2.8.2. Market Size and Forecast, By Product
  - 7.2.8.3. Market Size and Forecast, By Material
7.3. Europe
- 7.3.1. Key Market Trends and Opportunities
- 7.3.2. Market Size and Forecast, By Type
- 7.3.3. Market Size and Forecast, By Product
- 7.3.4. Market Size and Forecast, By Material
- 7.3.5. Market Size and Forecast, By Country
- 7.3.6. France Radioactive Packaging Market
  - 7.3.6.1. Market Size and Forecast, By Type
  - 7.3.6.2. Market Size and Forecast, By Product
  - 7.3.6.3. Market Size and Forecast, By Material
- 7.3.7. Germany Radioactive Packaging Market
  - 7.3.7.1. Market Size and Forecast, By Type
  - 7.3.7.2. Market Size and Forecast, By Product
  - 7.3.7.3. Market Size and Forecast, By Material
- 7.3.8. Italy Radioactive Packaging Market
  - 7.3.8.1. Market Size and Forecast, By Type
  - 7.3.8.2. Market Size and Forecast, By Product
  - 7.3.8.3. Market Size and Forecast, By Material
- 7.3.9. Spain Radioactive Packaging Market
  - 7.3.9.1. Market Size and Forecast, By Type
  - 7.3.9.2. Market Size and Forecast, By Product
  - 7.3.9.3. Market Size and Forecast, By Material
- 7.3.10. UK Radioactive Packaging Market
  - 7.3.10.1. Market Size and Forecast, By Type
  - 7.3.10.2. Market Size and Forecast, By Product
  - 7.3.10.3. Market Size and Forecast, By Material
- 7.3.11. Rest of Europe Radioactive Packaging Market
  - 7.3.11.1. Market Size and Forecast, By Type
  - 7.3.11.2. Market Size and Forecast, By Product
  - 7.3.11.3. Market Size and Forecast, By Material
7.4. Asia-Pacific
- 7.4.1. Key Market Trends and Opportunities
- 7.4.2. Market Size and Forecast, By Type
- 7.4.3. Market Size and Forecast, By Product
- 7.4.4. Market Size and Forecast, By Material
- 7.4.5. Market Size and Forecast, By Country
- 7.4.6. China Radioactive Packaging Market
  - 7.4.6.1. Market Size and Forecast, By Type
  - 7.4.6.2. Market Size and Forecast, By Product
  - 7.4.6.3. Market Size and Forecast, By Material
- 7.4.7. Japan Radioactive Packaging Market
  - 7.4.7.1. Market Size and Forecast, By Type
  - 7.4.7.2. Market Size and Forecast, By Product
  - 7.4.7.3. Market Size and Forecast, By Material
- 7.4.8. India Radioactive Packaging Market
  - 7.4.8.1. Market Size and Forecast, By Type
  - 7.4.8.2. Market Size and Forecast, By Product
  - 7.4.8.3. Market Size and Forecast, By Material
- 7.4.9. South Korea Radioactive Packaging Market
  - 7.4.9.1. Market Size and Forecast, By Type
  - 7.4.9.2. Market Size and Forecast, By Product
  - 7.4.9.3. Market Size and Forecast, By Material
- 7.4.10. Rest of Asia-Pacific Radioactive Packaging Market
  - 7.4.10.1. Market Size and Forecast, By Type
  - 7.4.10.2. Market Size and Forecast, By Product
  - 7.4.10.3. Market Size and Forecast, By Material
7.5. Latin America
- 7.5.1. Key Market Trends and Opportunities
- 7.5.2. Market Size and Forecast, By Type
- 7.5.3. Market Size and Forecast, By Product
- 7.5.4. Market Size and Forecast, By Material
- 7.5.5. Market Size and Forecast, By Country
- 7.5.6. Brazil Radioactive Packaging Market
  - 7.5.6.1. Market Size and Forecast, By Type
  - 7.5.6.2. Market Size and Forecast, By Product
  - 7.5.6.3. Market Size and Forecast, By Material
- 7.5.7. Argentina Radioactive Packaging Market
  - 7.5.7.1. Market Size and Forecast, By Type
  - 7.5.7.2. Market Size and Forecast, By Product
  - 7.5.7.3. Market Size and Forecast, By Material
- 7.5.8. Rest of LAMEA Radioactive Packaging Market
  - 7.5.8.1. Market Size and Forecast, By Type
  - 7.5.8.2. Market Size and Forecast, By Product
  - 7.5.8.3. Market Size and Forecast, By Material
7.6. Middle East And Africa
- 7.6.1. Key Market Trends and Opportunities
- 7.6.2. Market Size and Forecast, By Type
- 7.6.3. Market Size and Forecast, By Product
- 7.6.4. Market Size and Forecast, By Material
- 7.6.5. Market Size and Forecast, By Country
- 7.6.6. UAE Radioactive Packaging Market
  - 7.6.6.1. Market Size and Forecast, By Type
  - 7.6.6.2. Market Size and Forecast, By Product
  - 7.6.6.3. Market Size and Forecast, By Material
- 7.6.7. Saudi Arabia Radioactive Packaging Market
  - 7.6.7.1. Market Size and Forecast, By Type
  - 7.6.7.2. Market Size and Forecast, By Product
  - 7.6.7.3. Market Size and Forecast, By Material
- 7.6.8. Africa Radioactive Packaging Market
  - 7.6.8.1. Market Size and Forecast, By Type
  - 7.6.8.2. Market Size and Forecast, By Product
  - 7.6.8.3. Market Size and Forecast, By Material
- 7.6.9. Rest of Middle East And Africa Radioactive Packaging Market
  - 7.6.9.1. Market Size and Forecast, By Type
  - 7.6.9.2. Market Size and Forecast, By Product
  - 7.6.9.3. Market Size and Forecast, By Material

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top Winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top Player Positioning, 2023

CHAPTER 9: COMPANY PROFILES

9.1. Air Sea Containers
- 9.1.1. Company Overview
- 9.1.2. Key Executives
- 9.1.3. Company Snapshot
- 9.1.4. Operating Business Segments
- 9.1.5. Product Portfolio
- 9.1.6. Business Performance
- 9.1.7. Key Strategic Moves and Developments
9.2. Waste Control Systems
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Operating Business Segments
- 9.2.5. Product Portfolio
- 9.2.6. Business Performance
- 9.2.7. Key Strategic Moves and Developments
9.3. ATB Group S.p.A.
- 9.3.1. Company Overview
- 9.3.2. Key Executives
- 9.3.3. Company Snapshot
- 9.3.4. Operating Business Segments
- 9.3.5. Product Portfolio
- 9.3.6. Business Performance
- 9.3.7. Key Strategic Moves and Developments
9.4. Kvark Ltd.
- 9.4.1. Company Overview
- 9.4.2. Key Executives
- 9.4.3. Company Snapshot
- 9.4.4. Operating Business Segments
- 9.4.5. Product Portfolio
- 9.4.6. Business Performance
- 9.4.7. Key Strategic Moves and Developments
9.5. General Plastics
- 9.5.1. Company Overview
- 9.5.2. Key Executives
- 9.5.3. Company Snapshot
- 9.5.4. Operating Business Segments
- 9.5.5. Product Portfolio
- 9.5.6. Business Performance
- 9.5.7. Key Strategic Moves and Developments
9.6. PerkinElmer
- 9.6.1. Company Overview
- 9.6.2. Key Executives
- 9.6.3. Company Snapshot
- 9.6.4. Operating Business Segments
- 9.6.5. Product Portfolio
- 9.6.6. Business Performance
- 9.6.7. Key Strategic Moves and Developments
9.7. Croft Limited
- 9.7.1. Company Overview
- 9.7.2. Key Executives
- 9.7.3. Company Snapshot
- 9.7.4. Operating Business Segments
- 9.7.5. Product Portfolio
- 9.7.6. Business Performance
- 9.7.7. Key Strategic Moves and Developments
9.8. Strategic Packaging Systems LLC
- 9.8.1. Company Overview
- 9.8.2. Key Executives
- 9.8.3. Company Snapshot
- 9.8.4. Operating Business Segments
- 9.8.5. Product Portfolio
- 9.8.6. Business Performance
- 9.8.7. Key Strategic Moves and Developments
9.9. Sosny Research And Development Company
- 9.9.1. Company Overview
- 9.9.2. Key Executives
- 9.9.3. Company Snapshot
- 9.9.4. Operating Business Segments
- 9.9.5. Product Portfolio
- 9.9.6. Business Performance
- 9.9.7. Key Strategic Moves and Developments