The demand for safe and effective transportation of products including pharmaceuticals, biologics, food and drinks, and chemicals that are sensitive to temperature is met by the market for temperature-controlled packaging solutions, which is a sector of the economy that is expanding quickly. To preserve their efficacy and safety during shipping and storage, many products need specific temperature ranges.
Insulated shipping containers, refrigerated transport vehicles, and temperature monitoring equipment are examples of temperature regulated packing options. The integrity of the goods being delivered is ensured by these solutions, which are made to maintain a certain temperature range during the transit procedure.
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The increasing demand for temperature-sensitive products, particularly in the pharmaceutical and biotechnology industries, is driving the growth of the market. The rising demand for vaccines, biologics, and specialty drugs is expected to further boost the market growth. Furthermore, the growing e-commerce industry and the need for safe and efficient delivery of perishable goods are also contributing to the market growth.
The market can be segmented based on product type, end-use industry, and geography. Based on product type, the market can be segmented into insulated shipping containers, refrigerated transport vehicles, and temperature monitoring devices. Based on the end-use industry, the market can be segmented into pharmaceuticals, biotechnology, food and beverages, and chemicals.
Geographically, the market can be segmented into North America, Europe, Asia-Pacific, and rest of the world. North America is expected to dominate the market due to the presence of a large number of pharmaceutical and biotechnology companies in the region. Europe is also expected to show significant growth due to the increasing demand for temperature-sensitive products in the region.
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In conclusion, the temperature controlled packaging solutions market is expected to grow significantly in the forecast period due to the increasing demand for temperature-sensitive products and the growing e-commerce industry. The market is competitive and is expected to see new players entering in the forecast period.
Competitive Landscape
FMI has identified Sonoco Products Company, Pelican BioThermal LLC, Snyder Industries Inc., GEBHARDT Logistic Solutions GmbH, and ACH Foam Technologies as the tier-1 players in the global temperature controlled packaging solutions market. The above mentioned tier-1 players have technically advanced product offerings for temperature controlled packaging solutions for manufacturers in the food and pharmaceuticals industries.
Key Players:
- Sonoco Products Company
- Pelican BioThermal LLC
- Snyder Industries Inc.
- GEBHARDT Logistic Solutions GmbH
- ACH Foam Technologies, LLC
- TKT GmbH
- Cold Chain Technologies
Key Segments Covered In Temperature Controlled Packaging Solutions Industry Research
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
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