Global Temperature Controlled Pharmaceutical Containers Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 4.32 Billion |
Market Size (Forecast Year) |
USD 10.17 Billion |
CAGR |
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Major Markets Players |
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Global Temperature Controlled Pharmaceutical Containers Market, By Control Type (Active, Passive), Form Type (Chest Style, Upright Style), Content Type (Vaccines/Drugs, Samples, Reagents, Genetic Materials), Application (Frozen, Chilled, Ambient), End User (Pharmaceutical, Clinical Trial) – Industry Trends and Forecast to 2029.
Temperature Controlled Pharmaceutical Containers Market Analysis and Size
Biopharma products or Biopharmaceuticals are known to be as a derivative of biological sources such as an animal, microorganisms and humans. Gene therapies, and others like cell therapies, Vaccines, enzymes, tissues, are some examples of biopharmaceuticals. These products are part of the pharmaceutical market's temperature-controlled packaging. These packaging are susceptible to humidity and heat and, hence, need to be stored in low temperatures for storage and shipping.
Data Bridge Market Research analyses that the temperature controlled pharmaceutical containers market was valued at USD 4.32 billion in 2021 and is expected to reach USD 10.17 billion by 2029, registering a CAGR of 11.30 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Temperature Controlled Pharmaceutical Containers Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Control Type (Active, Passive), Form Type (Chest Style, Upright Style), Content Type (Vaccines/Drugs, Samples, Reagents, Genetic Materials), Application (Frozen, Chilled, Ambient), End User (Pharmaceutical, Clinical Trial) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa |
Market Players Covered |
Sonoco Products Company (U.S.), Cold Chain Technologies (U.S.), Va-Q-Tec AG (Germany), Pelican BioThermal Limited (U.S.), Softbox (U.K.), Sofrigam SA (France), Intelsius (U.K.), Inmark Global Holdings, LLC (U.S.), Envirotainer (Sweden), Fedex (U.S.), United Parcel Service of America, Inc (U.S.), Amerisourcebergen Corporation (U.S.), Snyder Industries (U.S.), ACH Foam Technologies, LLC (U.S.), Cryopak Industries Inc. (Canada), Saeplast (U.S.), Tempack (Spain), Exeltainer (Spain), OMEGA Engineering (U.S.), Olympus Corporation (Japan) |
Market Opportunities |
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Market Definition
Temperature controlled pharma packaging (TCP) is a strong semi-rigid liner that delivers greater insulation than other Bio foam and enhanced physical protection against environmental impact. During the production of temperature controlled containers used cold chain process. The cold chain is more than a process that must be performed to monitor information such as temperature, the sensitivity of store products and many other. It is also a science that needs to understand the chemical and biological concepts that determine perishability. Together, cold chain is also a technology which uses combinations of specialized equipment and physical means to ensure suitable temperature conditions along the supply chain.
Temperature Controlled Pharmaceutical Containers Market Dynamics
Drivers
- Maintaining quality and provide safety
Temperature-controlled pharma packaging solution is an imperious tool used to reduce the upholding quality of product and hazard during the supply chain process by maintaining internal temperature in the pharma sector. This system supports to protect shipments through every stage of the medical supply chain. Some of the main application areas of temperature-controlled containers in which included medical products with detailed timeline and pharma products, vaccines, biological samples, clinical trials and inactive pharmaceutical ingredients with balanced temperature requirements due to these factors increase the demand of temperature controlled pharmaceutical containers and expected to drive the market growth rate.
- Rising demand due to maintain hygiene and for thermal obligation
The U.S. Food and Drug Administration has calculated the thermal requirements for the transporting, storing, and handling the drugs. These containers mainly address the thermal obligation and the hygiene of the pharmaceutical products such as organs, blood, vaccines and drugs. Over the past few years, the World Health Organization (WHO) has emphasized dropping vaccine waste. Also, increasing initiatives to monitor vaccine wastage are expected to boost the demand for the temperature controlled pharmaceutical containers in the market.
Opportunities
Increasing the concentration of pharmaceutical producers on manufacturing drugs and therapies for the rare disease which is projected to create profitable growth opportunities for the temperature controlled containers market. The major market players in the pharmaceutical industry are capitalizing immensely on the research and development of vaccines for rare diseases including blood diseases. Increasing support and rising government initiatives are boosting the companies to develop orphan drugs for the rare diseases globally. Furthermore, upsurge in the emerging new markets and new strategic collaborations will also act as market drivers, further increasing the useful opportunities for the temperature controlled pharmaceutical container market growth.
Restraints/ Challenges
However, Lack of understanding of the profits of temperature-controlled pharmaceutical containers due to the presence of only few companies in the industry which are using temperature-controlled pharmaceutical containers are anticipated to obstruct the temperature controlled pharmaceutical containers market growth during forecast period. Furthermore, stringent government rules associated with the use of specific types of pharmaceutical products for the production of temperature-controlled packaging solution is the major factor expected to hamper the growth rate of the temperature controlled pharmaceutical container market.
This temperature controlled pharmaceutical containers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the temperature controlled pharmaceutical containers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Temperature Controlled Pharmaceutical Containers Market
The outbreak of covid-19 pandemic has affected numerous industries but during this pandemic the temperature controlled containers market (TCP market) grew by 4% in terms of value. The demand of this packaging increased in market due to the distribution of the coronavirus vaccines overall the globe. The businesses advanced their packaging system for shipping vaccines, test kits and other critical medicines. The temperature-controlled packaging is susceptible to the product damage due to the temperature excursion. COVID-19 enhanced the trends in the temperature-controlled packaging solution market. The vaccine production company’s work together with the temperature-controlled packaging suppliers to develop which has modified the products for the delivery of vaccines.
Global Temperature Controlled Pharmaceutical Containers Market Scope
The temperature controlled pharmaceutical containers market is segmented on the basis of control type, form type, content type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Control Type
- Active
- Passive
Form Type
- Chest Style
- Upright Style
Content Type
- Vaccines/Drugs
- Samples
- Reagents
- Genetic Materials
Application
- Frozen
- Chilled
- Ambient
End User
- Pharmaceutical
- Clinical Trial
Temperature Controlled Pharmaceutical Containers Market Regional Analysis/Insights
The temperature controlled pharmaceutical containers market is analysed and market size insights and trends are provided by country, control type, form type, content type application and end-user as referenced above.
The countries covered in the temperature controlled pharmaceutical containers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the temperature controlled pharmaceutical containers market in terms of revenue and market share. This is due to the increasing demand for temperature controlled pharma containers in this region. North America region leads the temperature controlled pharmaceutical containers market due to its augmented demand for temperature-controlled packaging in this region.
During the projected period, Europe is anticipated to be the fastest developing region due to the growing healthcare sector and cloud computing.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Temperature Controlled Pharma Containers Market Share Analysis
The temperature controlled pharmaceutical container market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to temperature controlled pharmaceutical container market.
Some of the major players operating in the temperature controlled pharmaceutical container market are:
- Sonoco Products Company (U.S.)
- Cold Chain Technologies (U.S.)
- Va-Q-Tec AG (Germany)
- Pelican BioThermal Limited (U.S.)
- Softbox (U.K.)
- Sofrigam SA (France)
- Intelsius (U.K.)
- Inmark Global Holdings, LLC (U.S.)
- Envirotainer (Sweden)
- Fedex (U.S.)
- United Parcel Service of America, Inc (U.S.)
- Amerisourcebergen Corporation (U.S.)
- Snyder Industries (U.S.)
- ACH Foam Technologies, LLC (U.S.)
- Cryopak Industries Inc. (Canada)
- Saeplast (U.S.)
- Tempack (Spain)
- Exeltainer (Spain)
- OMEGA Engineering (U.S.)
- Olympus Corporation (Japan)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.