The Europe Temperature Controlled Packaging Solutions Market is a segment within the broader packaging industry that specializes in the design, manufacturing, and distribution of packaging solutions specifically engineered to maintain a controlled temperature environment for sensitive and perishable goods during transportation and storage. These solutions are crucial for industries where maintaining the integrity and quality of products, especially those sensitive to temperature variations, is paramount.
According to Future Market Insights’ latest report, Europe Temperature Controlled Packaging Solutions Market is forecast to be valued at US$ 3.9 billion in 2023. Total sales of temperature controlled packaging solutions across Europe are slated to increase at 7.3% CAGR between 2023 and 2032, taking the market valuation to US$ 6.9 billion by 2033.
Demand for frozen food is growing rapidly across the world, with Europe accounting for around 40% share of the market. Insulated shipping containers are mainly used for exports and imports of frozen foods products in bulk quantities across European countries. Hence, rising consumption and export of frozen foods will continue to fuel temperature controlled packaging solution sales across Europe over the next ten years.
Increasing export of temperature sensitive products such as food & beverages and pharmaceuticals and rising demand for efficient packaging solutions for transporting perishable food products are key factors driving Europe’s temperature controlled packaging solutions industry.
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Market Dynamics and Trends:
- Pharmaceutical Logistics: The pharmaceutical and biotechnology industries are significant consumers of temperature-controlled packaging solutions. The need to transport and distribute temperature-sensitive medications and vaccines has driven innovation in this sector.
- E-commerce Growth: The expansion of e-commerce, particularly for products like perishable foods and pharmaceuticals, has increased the demand for effective temperature-controlled packaging solutions to maintain product quality during shipping.
- Cold Chain Management: The evolution of cold chain logistics, where products are maintained within a specified temperature range from manufacturing to end-user, has heightened the importance of temperature-controlled packaging.
- Environmental Sustainability: There is a growing focus on developing sustainable temperature-controlled packaging solutions. This involves using eco-friendly materials and designing packaging that minimizes environmental impact.
- Emerging Technologies: Advancements in technology, including the integration of temperature-monitoring sensors and data loggers, contribute to the reliability and efficiency of temperature-controlled packaging solutions.
Key Takeaways from Europe Temperature Controlled Packaging Solutions Market
Europe’s temperature controlled packaging solutions market is forecast to expand at 7.3% CAGR between 2023 and 2033.
By system type, passive segment holds a significant share of the Europe Temperature Controlled Packaging Solutions Market.
Based on product type, insulated containers segment remains the most remunerative category in the market.
By end use, food, beverages, and pharmaceutical segments collectively hold a prominent share of the Europe Temperature Controlled Packaging Solutions Market.
Germany is anticipated to account for about 21.8% share of the Europe market by the end of 2033.
France holds around 16.8% share of Europe’s temperature controlled packaging solutions industry.
Historical Analysis
- Europe’s temperature-controlled packaging market had a 6.7% CAGR, reaching US$ 3.7 billion by 2022.
- Future Market Insights predicts a 7.3% CAGR for 2023-2033 in temperature-controlled packaging demand in Europe.
- Protection of temperature-sensitive products drives the industry’s growth.
- Pharmaceutical demand, especially for stem cells and vaccines, sustains the need for temperature-controlled packaging solutions.
- Innovations in cold storage, increased food and beverage import/export, and concerns about food wastage contribute to sales growth in the next decade.
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Key Players
- IP-GROUP
- GEBHARDT Logistic Solutions GmbH
- INKA Pallets Ltd.
- TKT GmbH
- OLIVO Cold Logistics
- SÆPLAST Iceland ehf
- Sofrigam SA Ltd.
- va-Q-tec AG
- Topa Thermal
- Inmark Global Holdings, LLC
- Tempack Packaging Solutions S.L.
- EcoCool GmbH
- Exeltainer SL
- KRAUTZ – TEMAX Europe
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Segment Segmentation
By System Type:
- Active
- Passive
By Product Type:
- Insulated Shippers
- Insulated Containers
- Others (Mailers, Gel Packs, etc.)
By Application:
- Frozen
- Chilled
- Ambient
By End Use:
- Food
- Beverages
- Pharmaceutical
- Cosmetics & Personal Care
- Chemicals
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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