Global Packaged Oxygen Market Size, Share, Opportunities, And Trends By Oxygen Type (Medical Oxygen, Industrial Oxygen), By End-User (Hospitals, Industries, Others), And By Geography - Forecasts From 2025 To 2030

Packaged Oxygen Market Size:

The global packaged oxygen market is expected to grow at a CAGR of 5.25%, reaching a market size of US$2,031.09 billion in 2030 from US$1,572.85 billion in 2025.

Packaged oxygen is the packaging of oxygen compressed in liquid, gas, or solid-state. Its application in the health sector was its initial market driving force, but since then, it has been used in many industrial processes. All living beings require oxygen, a non-metallic, odorless gas that forms a significant part of the ecosystem and finds application in various industries, medicines, and sciences. The demand for packaged oxygen has increased over time due to the growing need for oxygen in industrial applications. As concerns about air pollution increase, more people are requesting packaged oxygen for home care.

Furthermore, there has been an increased demand for packaged oxygen across every industry that utilizes it. Major respiratory diseases mentioned in the WHO report are lung cancer, COPD, asthma, acute lower respiratory tract infections, and tuberculosis. Hence, the healthcare sector has seen a significant increase in demand, leading to market expansion. The alarming rise in air pollution is also contributing to this increase.

What are the Global Packaged Oxygen Market drivers?

• Increased technological advancement is contributing to the global packaged oxygen market growth

The packaged oxygen market has been driving technological advancements and innovations to adapt to emerging changes. New technologies often result in new products, efficiencies, and experiences, leading to increased demand and subsequent market growth.

Moreover, the majority of the market is driven by rising consumer awareness of oxygen-packaged products and services. The businesses are innovating their product lines to meet consumer demands for more advanced, efficient, or sustainable options.

• Regulatory support and initiatives are anticipated to boost the global packaged oxygen market.

Government initiatives and regulatory frameworks are boosting the market's growth by raising investments, lowering entry barriers, and stimulating innovation in the packaged oxygen industry. Further injections can be made into this industry through new geographical markets or some emerging industries. Identifying these novel trends, capturing their nuances, and defining market presence will help businesses gain a competitive advantage. Collaborations among technology suppliers, research institutes, and industry participants may spur innovation and hasten market expansion. Through these collaborations, companies can build new products or enter unexplored markets with the added benefit of stronger resources and capabilities.

• Growing demand for industrial oxygen is anticipated to boost the global packaged oxygen market.

The demand for industrial oxygen is directly linked to the overall growth of the industrial sector. As industries expand, particularly manufacturing, chemicals, and healthcare, more oxygen is required for various tasks.  Strict environmental regulations aimed at reducing emissions and enhancing air quality can positively influence the use of oxygen in pollution control systems. For instance, incineration and wastewater treatment plants use oxygen to lower pollution emissions. New advancements in oxygen production and delivery techniques will also propel market expansion. By improving access to oxygen for a broader range of businesses, technological advances can lead to more cost-effective and energy-efficient production methods, ultimately boosting market share.

• Growing demand from the healthcare industry is increasing the market expansion

The healthcare industry saw a sharp increase in demand for packaged oxygen due to the rising respiratory diseases worldwide. Packaged oxygen is recommended as the disease primarily affects the respiratory system, causing difficulties in breathing for patients. Patients were allowed to quarantine at home and receive remote medical consultations as the daily case count began to rise. They were directed to use packaged oxygen, a safer option to avoid breathing the contaminated air, which would negatively impact the patient's health.

What are the restraints of the Global Packaged Oxygen Market?

• High transportation cost is anticipated to hamper the market growth 

Pure oxygen production involves advanced technology, which is very expensive. Transporting packaged oxygen cylinders requires strict safety precautions, increasing logistics costs. Packaged oxygen cylinders occupy great volume, requiring specialized storage units. Poor handling or storage results in safety hazards such as leaks and explosions. Thus, the high cost of transporting can hinder this market’s growth.

Global Packaged Oxygen Market Geographical Outlook:

• Asia Pacific is witnessing exponential growth during the forecast period.

There is a surge in demand for packaged oxygen across several industries in the Asia-Pacific region. This rise in demand may be attributed to several factors affecting several industries, such as hospitals, healthcare settings, and home care use, due to increased investment in health systems and rapid urbanization.

As the geriatric population grows, the demand for medical oxygen is increasing, particularly in Japan. Most of the oxygen is being consumed by the steel, welding, and cutting industries, which are thriving in Asia-Pacific because of industrialization and infrastructure-related projects. Its demand is driven by the expanding petrochemical and chemical industries in China and India, which require oxygen for various processes.

Moreover, the rising populations of countries such as China and India have increased the necessary packaged oxygen demand for healthcare. Due to the rapid urbanization in Southeast Asia, there is now a higher demand for packaged oxygen due to increased industrial activity. Supportive policies and subsidies in countries like China and India promote medical and industrial oxygen uses, leading to a significant market for packaged oxygen.

Key launches in the Global Packaged Oxygen Market:

• In July 2024, Air Liquide India invested INR 3500 million (roughly USD 41.79 million) to open a new manufacturing facility in Mathura, Uttar Pradesh. The purpose of this air separation unit is to support Kosi, Mathura's industrial and healthcare operations. The unit produces liquid and medical oxygen, with a daily production capacity of more than 300 tonnes.
• In April 2024, the Oxygen Equipment Supplier Certification Program was launched by WHA. To make sure that processes related to oxygen service and fire risk reduction adhere to industry best practices, WHA established a new Oxygen Equipment Supplier Certification Program. This new product can potentially support the safe and secure expansion of the oxygen industry for both suppliers and their clients.
• In August 2023, Bhutan inaugurated two oxygen generator plants intending to bolster the nation's health systems and enhance its capacity for emergency preparedness and response. Jigme Dorji Wangchuk National Referral Hospital and Mongar Regional Referral Hospital are the locations of these Pressure Swing Adsorption (PSA) plants. The inauguration is anticipated to support the packaged oxygen market’s expansion over the forecast period, given their ability to manufacture and refill 100 medical oxygen cylinders per day.

Packaged Oxygen Market Scope:

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%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Type End-User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Packaged Oxygen Market	Oxy99.in Messer Group GmbH Leeden National Oxygen Ltd. Vitality Air The Linde Group
Customization Scope	Free report customization with purchase

 

The Global Packaged Oxygen Market is analyzed into the following segments:

• By Oxygen Type
  • Medical Oxygen
  • Industrial Oxygen
• By End-user
  • Hospitals
  • Industries
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View 

5. GLOBAL PACKAGED OXYGEN MARKET BY OXYGEN TYPE

5.1. Introduction

5.2. Medical Oxygen

5.3. Industrial Oxygen

6. GLOBAL PACKAGED OXYGEN MARKET BY END-USER

6.1. Introduction

6.2. Hospitals

6.3. Industries

6.4. Others 

7. GLOBAL PACKAGED OXYGEN MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Oxygen Type

7.2.2. By End-User

7.2.3. By Country

7.2.3.1. USA

7.2.3.2. Canada

7.2.3.3. Mexico

7.3. South America

7.3.1. By Oxygen Type

7.3.2. By End-User

7.3.3. By Country 

7.3.3.1. Brazil

7.3.3.2. Argentina

7.3.3.3. Others

7.4. Europe

7.4.1. By Oxygen Type

7.4.2. By End-User

7.4.3. By Country

7.4.3.1. United Kingdom

7.4.3.2. Germany

7.4.3.3. France

7.4.3.4. Italy

7.4.3.5. Spain

7.4.3.6. Others

7.5. Middle East and Africa

7.5.1. By Oxygen Type

7.5.2. By End-User

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.2. UAE

7.5.3.3. Others

7.6. Asia Pacific

7.6.1. By Oxygen Type

7.6.2. By End-User

7.6.3. By Country

7.6.3.1. China

7.6.3.2. Japan

7.6.3.3. India

7.6.3.4. South Korea

7.6.3.5. Indonesia

7.6.3.6. Taiwan

7.6.3.7. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Oxy99.in

9.2. Messer Group GmbH

9.3. Leeden National Oxygen Ltd.

9.4. Vitality Air

9.5. The Linde Group

9.6. Gupta Oxygen Pvt Ltd.

9.7. Oxygen Plus. Inc.

9.8. Boost Oxygen, LLC

9.9. Wild Goose Filling

9.10. Gaztron Engineering

9.11. Gulf Cryo

9.12. Matheson

9.13. GENERON

9.14. JSC Grasys

9.15. Air Liquide

Packaged Oxygen Companies:

• Oxy99.in
• 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