Global Temperature Controlled Packaging Solutions Market, By Product (Insulated Shippers, Insulated Containers, Refrigerants, Others), Type (Active Systems, Passive Systems), Usability (Single, Reuse), Revenue Type (Products, Services), End User (Food and Beverages, Healthcare, Others) - Industry Trends and Forecast to 2030.
Temperature Controlled Packaging Solutions Market Analysis and Size
The temperature-controlled packaging solutions is the increasing demand for safe and reliable transportation of temperature-sensitive products such as pharmaceuticals, vaccines, food, and biologics. These solutions employ advanced insulation materials and cooling technologies to maintain specific temperature ranges during transit, ensuring product efficacy and safety. With the growth of global supply chains and stringent regulatory requirements, businesses are adopting these solutions to mitigate temperature excursions and reduce product wastage, ultimately enhancing customer trust and reducing financial risks associated with spoilage. Temperature-controlled packaging solutions are a critical enabler for industries requiring cold chain logistics to deliver quality products to consumers and patients and will result in the overall growth of the global temperature controlled packaging solutions market.
Data Bridge Market Research analyses that the global temperature controlled packaging solutions market which was USD 37.49 billion in 2022, is expected to reach USD 74.65 billion by 2030, and is expected to undergo a CAGR of 8.99% during the forecast period of 2023 to 2030. “Insulated Shippers” dominates the product segment of the global temperature controlled packaging solutions market due to their versatility and suitability for a wide range of temperature-sensitive products, from pharmaceuticals to food. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Temperature Controlled Packaging Solutions Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Insulated shippers, Insulated Containers, Refrigerants, Others), Type (Active Systems, Passive Systems), Usability (Single, Reuse), Revenue Type (Products, Services), End User (Food and Beverages, Healthcare, Others)
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Countries Covered
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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, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa
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Market Players Covered
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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 (Canada), Tempack (Spain), Exeltainer (Spain), OMEGA Engineering (U.S.), and Olympus Corporation (Japan)
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Market Opportunities
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Market Definition
Temperature controlled packaging is a strong semi-rigid liner which offers superior insulation than Bio foam along with better physical protection against impact or crushing. For the production of temperature controlled packaging solutions use cold chain. The cold chain is thus more than a process of tasks which must be performed to transport, prepare, store and monitor temperature sensitive products. It is also a science which needs understanding of the biological and chemical that determine perishability. Together, cold chain is also a technology which uses combinations of physical means and specialized equipment to ensure suitable temperature conditions along the supply chain.
Global Temperature Controlled Packaging Solutions Market Dynamics
Driver
- Rising Demand for Fresh and Frozen Food
Increasing demand for fresh and frozen food overall the globe is key factor which are expected to drive the growth of the global temperature controlled packaging solutions market. Due to changing lifestyles along with busy schedules have increased the demand for the frozen foods overall the globe. Time limitation has become the main factor for changing consumer preferences towards ready to eat meals. These frozen foods need a precise temperature for their delivery according to the trend of the intake of frozen foods is expected to boost the growth of temperature controlled packaging.
Opportunity
- Immense Potential in Pharmaceutical Industry
Increasing the focus of pharmaceutical manufacturers on manufacturing therapies and drugs for rare disease which is anticipated to create profitable growth opportunities in the global temperature controlled packaging solutions market. Key players working in the pharmaceutical industry are capitalizing immensely on the research and development of vaccines for the rare diseases which is including blood diseases. Increasing support and growing government initiatives and boosting companies to develop orphan drugs for the rare diseases globally. Moreover, increase in emerging new markets and new strategic collaborations will act as market drivers and further increase useful opportunities for the market's growth rate.
Restraint/Challenge
- Limited Adoption due to Awareness and Regulatory Constraints
Lack of understanding of the benefits of temperature controlled packaging solutions due to this few companies in the industry are using temperature controlled pharmaceutical packaging solutions which is anticipated to hamper the market growth during forecast period of 2023 to 2030. The stringent government rules which has associated with the use of particular types of pharmaceutical products for the manufacture of temperature controlled packaging solution is the key factor which is expected to restrict the growth of the global temperature controlled packaging solutions market.
This global temperature controlled packaging solutions market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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 global temperature controlled packaging solutions market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In August 2023, Ranpak has introduced the RecyCold climaliner, a paper-based thermal liner catering to the temperature-controlled packaging solutions market, especially in e-commerce and industrial sectors. This innovative solution helps maintain product temperatures within their ideal range for up to 48 hours. The climaliner technology supports various temperature ranges, making it suitable for ambient, chilled, and frozen products, benefiting applications like meal kits, ready meals, online grocery, and specialty foods
Global Temperature Controlled Packaging Solutions Market Scope
The global temperature controlled packaging solutions market is segmented on the basis of product, type, usability, revenue type, end user and application. 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.
Product
- Insulated shippers
- Insulated Containers
- Refrigerants
- Others
Type
- Active Systems
- Passive Systems
Usability
- Single
- Reuse
Revenue Type
- Products
- Services
End User
- Food and Beverages
- Healthcare
- Others
Global Temperature Controlled Packaging Solutions Regional Analysis/Insights
The global temperature controlled packaging solutions market is analysed and market size insights and trends are provided by product, type, usability, revenue type, end user and application are referenced above.
The countries covered in the global temperature controlled packaging solutions market report are 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, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa
North America region is dominating the global temperature controlled packaging solutions market due to the increasing demand for temperature controlled packaging solutions in this region.
Asia-Pacific region had the highest growth rate in the global temperature controlled packaging solutions market during the forecasted period of 2023 to 2030 due to rising sale of pharmaceutical products and increasing disposal income in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically 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, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Temperature Controlled Packaging Solutions Market Share Analysis
The global temperature controlled packaging solutions market competitive landscape provides details by competitors. 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 the global temperature controlled packaging solutions market.
Some of the major players operating in the global temperature controlled packaging solutions 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 (Canada)
- Tempack (Spain)
- Exeltainer (Spain)
- OMEGA Engineering (U.S.)
- Olympus Corporation (Japan)
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