Temperature-controlled packaging solutions ensure that perishable goods, such as food, pharmaceuticals, and biologics, are maintained at a specific temperature range throughout the supply chain. The global temperature-controlled packaging solutions market is expected to grow significantly in the coming years, driven by the increasing demand for fresh and safe food products and the growing pharmaceutical and biotechnology industries.
According to a recent market research report, the global temperature controlled packaging solutions market is all set to witness a staggering CAGR of 8.1% between 2022 and 2030. It is estimated to reach US$ 23.2 Billion by the year 2030. The report attributes this growth to the rising demand for temperature controlled packaging solutions in the food and pharmaceutical industries, as well as the growing awareness about the importance of maintaining the quality and safety of perishable goods.
One of the major factors driving the growth of the temperature controlled packaging solutions market is the increasing demand for fresh and safe food products. The rise in consumer awareness about the health benefits of fresh and safe food products has led to an increase in demand for temperature controlled packaging solutions, as these solutions help to maintain the freshness and safety of perishable goods throughout the supply chain.
The pharmaceutical and biotechnology industries are major drivers of the temperature controlled packaging solutions market. The growth of these industries is driven by the increasing demand for temperature controlled packaging solutions for the transportation and storage of sensitive and expensive drugs, biologics, and vaccines.
“Temperature-controlled packaging solutions are transforming logistics, safeguarding temperature-sensitive goods during transit,” notes the research manager. “With rising demand in pharmaceuticals and perishables, this industry is poised for substantial growth.”
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Key Benefits:
- It outlines the current trends and future scenarios to determine the overall market potential and gain a stronger market foothold.
- This report provides an in-depth analysis of the global temperature-controlled packaging solutions market to identify the potential investment pockets.
- Key drivers, restraints, and opportunities are elucidated.
- Quantitative analysis of the market from 2016 to 2023 is highlighted to recognize the financial competency of the market.
- Porter’s Five Forces model illustrates the threat of new entrants, the threat of substitutes, and the strength of the buyers & suppliers.
The report also highlights the growing awareness about maintaining the quality and safety of perishable goods as a key factor driving the growth of the temperature controlled packaging solutions market. The increasing awareness about the importance of maintaining the quality and safety of perishable goods has led to an increase in the adoption of temperature controlled packaging solutions by companies in the food and pharmaceutical industries.
In conclusion, the global temperature controlled packaging solutions market is expected to grow significantly in the coming years, driven by the increasing demand for fresh and safe food products and the growing pharmaceutical and biotechnology industries. The rising awareness about the importance of maintaining the quality and safety of perishable goods is also expected to drive the market’s growth.
Major Key Players:
- Sonoco Products Company
- Pelican BioThermal LLC
- Snyder Industries Inc.
- GEBHARDT Logistic Solutions GmbH
- ACH Foam Technologies, LLC
- TKT GmbH
- Cold Chain Technologies
- Cryopak Industries Inc.
- Sofrigam SA Ltd.
- va-Q-tec AG
- Saeplast Americas Inc.
- Inmark, LLC
- Tempack Packaging Solutions S.L.
- EcoCool GmbH
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Key Segmentations
By System Type:
- Active
- Passive
By Product Type:
- Insulated Shippers
- Panels & Envelopes
- EPS Shippers
- PUR Shippers
- VIP Shippers
- Insulated Containers
- Chest Style
- Upright Style
- Others
By Application:
- Frozen
- Chilled
- Ambient
By End-use:
- Healthcare
- Food & Beverages
- Others
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
Explore Trending Reports of Packaging:
Temperature Controlled Pharma Packaging Solutions Market Size: The global temperature-controlled pharma packaging solutions market is projected to rise at 7.8% CAGR and reach a valuation of US$ 7.4 Billion by 2032, up from US$ 4 Billion in 2022.
Passive Temperature-Controlled Packaging Solutions Market Demand: The global passive temperature-controlled packaging solutions market is estimated to reach US$ 10.6 Billion in 2021. Sales of passive temperature-controlled packaging solutions are expected to increase at 9.1% CAGR between 2021 and 2031.
Temperature Controlled Packaging Solutions for Pharmaceuticals Market Growth: The temperature controlled packaging solutions for pharmaceuticals market is expected to witness a CAGR of 7.8% by 2028
Originally Published By- https://www.chronicles24.com/index.php/2023/09/11/temperature-controlled-packaging-solutions-market-projected-to-reach-us-23-2-billion-by-2030-with-8-1-cagr-future-market-insights-inc/
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