The Temperature Controlled Packaging Solutions market industry was valued at USD 34.55 billion in 2022. It is projected to reach USD 50.43 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.85% during the forecast period from 2023 to 2030.
Temperature Controlled Packaging Solutions play a crucial role in maintaining the integrity and quality of temperature-sensitive products during transportation and storage. These solutions ensure that products such as pharmaceuticals, food and beverages, and chemicals are kept within the required temperature range to prevent spoilage, degradation, or loss of efficacy.
The market for Temperature Controlled Packaging Solutions is driven by various factors, including the growing demand for temperature-sensitive drugs and vaccines, the increasing need for cold chain logistics in the food and beverage industry, and the rising adoption of biologics and biosimilars. Additionally, stringent regulations and quality standards imposed by regulatory bodies further contribute to the market growth.
In terms of product types, the market is segmented into active systems and passive systems. Active systems, which include refrigerated containers and active temperature-controlled packaging, accounted for the largest market share in 2022. These systems offer precise temperature control and are widely used in the pharmaceutical and healthcare sectors.
Geographically, North America dominated the Temperature Controlled Packaging Solutions market in 2022, owing to the presence of major pharmaceutical and biotechnology companies in the region. However, the Asia Pacific region is expected to witness significant growth during the forecast period, driven by the expanding pharmaceutical and food and beverage industries in countries like China and India.
Key players in the market include Sonoco Products Company, Pelican BioThermal LLC, Cold Chain Technologies, Sofrigam SA Ltd., and DGP Intelsius LLC, among others. These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position and cater to the growing demand for temperature-controlled packaging solutions.
Get A Sample Report@https://www.snsinsider.com/sample-request/3058
KEY MARKET SEGMENTS
By Type
· Active
· Passive
By Product Type
· Insulated Container
· Refrigerants
· Insulated Shipper
By Usability
· Single
· Reuse
By Revenue
· Product
· Service
By Application
· Healthcare
· Food Beverages
· Others
Key Players
Some major key players in the Temperature Controlled Packaging Solutions market areSonoco Products Company, Cold Chain Technologies, PCI Pharma Services,Valor Industries, AmerisourceBergen Corporation, DGP Intelsius, APEX Packaging Corporation, DGR PACKAGING SUPPLY PTE LTD, Inbox Solutions, Cryopak Industries Inc and other players.
Buy This Exclusive Report @https://www.snsinsider.com/checkout/3058
Other trending reports : Beverage Carton Packaging Machinery Market
About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our companys aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety.
Contact Us:
Akash Anand Head of Business Development Strategy
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
Website:https://www.snsinsider.com