Packaged Oxygen Market expected to reach USD 2,031.09 billion by 2030
Packaged Oxygen Market Trends & Forecast
According to a research study published by Knowledge Sourcing Intelligence (KSI), the packaged oxygen market will expand from USD 1,572.85 billion in 2025 to USD 2,031.09 billion in 2030 at a CAGR of 5.25% during the forecast period.
Packaged oxygen refers to oxygen that is compressed in liquid, gas, or solid-state and is enclosed in a container. Its use in the health sector was the first market that propelled the product, but now it has been employed in various industrial processes. Oxygen is a non-metallic, odourless gas, which is one of the essential things in the ecosystem and is used in several industries, medicines, and sciences. The demand for packaged oxygen has risen gradually as the need for oxygen in industrial applications has also increased. The number of people demanding packaged oxygen for home care is increasing because of the rising concern over air pollution.
Moreover, this has been a huge addition to the demand for packaged oxygen in every industry that is using it. The major respiratory diseases listed in the WHO report are lung cancer, COPD, asthma, acute lower respiratory tract infections, and tuberculosis. As a result, the medical sector has become a major consumer of the product, thus the market has been extended. The dangerous increase in air pollution is one of the factors pushing up demand, as well.
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Packaged Oxygen Market Report Highlights
- During the forecast period, the medical oxygen sector is expected to become a rapidly changing area in the overall global packaged oxygen market. Rising incidences of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and COVID-19-related complications have contributed significantly to the growth of this segment, as they have resulted in an increased need for oxygen therapy due to the awareness raised. Besides that, the growth of healthcare facilities in the developing areas, the increase of home care services and the use of portable oxygen cylinders are the factors that are boosting this segment further. Also, governments and health organisations are imposing stricter standards for medical grades that ensure demand consistency at a higher level. The global ageing population, as well as the increasing number of surgical operations, are, therefore, contributing to the continuous demand for medical oxygen both in hospital and home care settings.
- Among the end-users, the hospital segment is likely to have the maximum growth rate in the packaged oxygen market. Hospitals continue to be the major buyers of packaged oxygen as they require the use of very pure oxygen in operations, intensive care units, and emergency care. The rising number of hospitals, mainly in developing countries, as well as the refurbishment of already existing healthcare facilities, is contributing to the increase in demand. In addition, the post-pandemic focus on the readiness of oxygen supply and the increase in storage capacity has made hospitals choose more reliable packaged oxygen solutions. The segment growth is also being propelled by the hospital sector’s transformation towards the use of advanced oxygen delivery and monitoring systems, thereby ensuring a stable and safe oxygen supply for critical care operations.
- The need for packaged oxygen has been on the rise in diverse industries in the Asia-Pacific Such a demand increase can be explained by many factors that influence various industries, like hospitals, healthcare settings, and home care, due to the increased investment in health systems and the effect of rapid urbanisation. Advancing the geriatric population trend is considerably raising the demand for medical oxygen, mainly in Japan. However, most of the oxygen is consumed by the steel, welding, and cutting industries, which are prospering in the Asia-Pacific region due to industrialisation and the rise of infrastructure-related projects. The primary factor for its increase is the growing petrochemical and chemical industries in China and India, which require oxygen for different processes.
Report Coverage:
| Report Metric | Details |
| Packaged Oxygen Market Size in 2025 | US$1,572.85 billion |
| Packaged Oxygen Market Size in 2030 | US$2,031.09 billion |
| Growth Rate | CAGR of 5.25% |
| Drivers |
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| Restraints |
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| Segmentation |
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| List of Major Companies in Packaged Oxygen Market |
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Packaged Oxygen Market Growth Drivers and Restraints
Growth Drivers:
- Regulatory Support and Initiatives: The market is expanding with the help of government programs and laws that encourage the inflow of money, lower the cost of getting into the business, and foster innovation in the packaged oxygen sector. There can be more investments in this industry, not only by entering new geographical markets but also in some emerging industries. Understanding these new trends, getting to know the fine details of them, and determining your presence in the market will enable companies to have a competitive advantage. Cooperation between technology providers, research institutions, and industry participants may become a source of innovation and, thus, be a reason for the rapid market development.
- Increasing Technological Advancement: Technology changes and innovations have been at the forefront of the packaged oxygen market to remain relevant with the developing changes in the market. In most cases, the emergence of new technologies is followed by new products, efficiencies, and experiences which, in turn, escalate demand and lead to market growth.
Restraints:
- High Production and Storage Costs: Producing oxygen of very high purity requires quite expensive separation, compression, and purification processes. On top of that, the costs of keeping special storage and transportation systems for pressurised or liquefied oxygen cylinders are also added to the operational expenses, which can be a limiting factor in the profitability of small and medium-scale suppliers.
- Supply Chain and Distribution Challenges: It is a big logistical challenge to transport packaged oxygen safely over long distances. The lack of adequate infrastructure for cryogenic storage and distribution, especially in remote and developing areas, is causing delays in delivery and making it difficult to enter the market.
Packaged Oxygen Market Key Development
- Collaboration: In August 2025, GC-TPN FlexPak-W&H created a novel flexible packaging solution called Mono Material MDOPE (Machine Direction Orientation Polyethene) Film. It has a seven-layer structure and contains EVOH (Ethylene Vinyl Alcohol), which provides exceptional oxygen barrier qualities.
- Initiative: In April 2025, to make sure that processes related to oxygen service and fire risk reduction adhere to industry best practices, WHA has established a new Oxygen Equipment Supplier Certification Program.
Packaged Oxygen Market Segmentation
Knowledge Sourcing Intelligence has segmented the Global Packaged Oxygen Market based on oxygen type, end-user, and region:
Packaged Oxygen Market, By Oxygen Type
- Medical Oxygen
- Industrial Oxygen
Packaged Oxygen Market, By End-user
- Hospitals
- Industries
- Others
Packaged Oxygen Market, By Region
- North America
- USA
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Others
- South America
- Brazil
- Argentina
- Others
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- Others
Packaged Oxygen Market Key Players
- Oxy99
- Messer Group GmbH
- Leeden National Oxygen Ltd.
- Vitality Air
- The Linde Group
- Gupta Oxygen Pvt Ltd.
- Oxygen Plus. Inc.
- Boost Oxygen, LLC
- Wild Goose Filling
- Gaztron Engineering
- Gulf Cryo
- Matheson
- GENERON
- JSC Grasys
- Air Liquide
