Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Temperature Controlled Packaging Solutions Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 17.9% during the review period (2022 to 2027).
The factors such as rising consumption of perishable products and reusable packaging, globalization, rise product wastage control movements along with increasing growth in the pharmaceutical industry is driving the growth in the market value. Moreover, emergence of new technology and rising usage in the transport of medicines, clinical trial distribution products, donor organs and blood transfers further induce the demand for the market. However, the strict rules and regulations formulated by government agency will create hindrances for the market growth rate.
The high potential growth markets for insulated packaging and rising application scope from pharmaceutical, food and beverages and others provide profitable opportunities for the growth of the market. The presence of strict regulatory standards and compliances regarding the usage of plastic is projected to further dampen the market growth rate, resulting in generating challenges for the market’s growth rate.
Industry Developments:
Pelican BioThermal Announces Acquisition of NanoCool
Feb 7th, 2020:Pelican BioThermal, a supplier of temperature controlled packaging, announced the acquisition of NanoCool, an Albuquerque, New Mexico-based manufacturer of temperature-controlled packaging systems. This acquisition further increases the breadth of the Pelican BioThermal product portfolio. The addition of NanoCool customers, market segments, and product technologies will enable Pelican BioThermal to expand its access to patients, laboratories, and other last-mile players in the distribution of life sciences materials and collection of patient laboratory samples.
The Temperature Controlled Packaging Solutions Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Sonoco Products Company, Pelican BioThermal LLC, Snyder Industries Inc., GEBHARDT Logistic Solutions GmbH, ACH Foam Technologies,, LLC, TKT GmbH, Cold Chain Technologies, Cryopak Industries Inc., Sofrigam SA Ltd., va-Q-tec AG, Saeplast Americas Inc., Inmark, LLC, Tempack Packaging Solutions S.L., EcoCool GmbH, Exeltainer SL, American Aerogel Corporation, Softbox Systems Ltd., DGP Intelsius Ltd., NanoCool and others.
Temperature Controlled Packaging Solutions Market is segmented based on the Types, applications, End users, companies and regions.
Global Temperature Controlled Packaging Solutions Market, by System Type
Global Temperature Controlled Packaging Solutions Market, by Product Type
By Application:
By End-use :
North America is estimated to dominate the temperature controlled packaging solutions market and will continue to flourish its trend of dominance during the forecast period due to increasing demand for temperature-controlled packaging within the region. Asia Pacific is projected to show lucrative growth due to rising disposal income and growing sale of pharmaceutical products.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 17.9% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Sonoco Products Company, Pelican BioThermal LLC, Snyder Industries Inc., GEBHARDT Logistic Solutions GmbH, ACH Foam Technologies,, LLC, TKT GmbH, Cold Chain Technologies, Cryopak Industries Inc., Sofrigam SA Ltd., va-Q-tec AG, Saeplast Americas Inc., Inmark, LLC, Tempack Packaging Solutions S.L., EcoCool GmbH, Exeltainer SL, American Aerogel Corporation, Softbox Systems Ltd., DGP Intelsius Ltd., NanoCool |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 127 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Temperature Controlled Packaging Solutions Market is studied from 2017 - 2027.
What is the growth rate of Temperature Controlled Packaging Solutions Market?
The Temperature Controlled Packaging Solutions Market is growing at a CAGR of 17.9% over the next 5 years.
Who are the leading key players in Temperature Controlled Packaging Solutions Market?
Sonoco Products Company, Pelican BioThermal LLC, Snyder Industries Inc., GEBHARDT Logistic Solutions GmbH, ACH Foam Technologies,, LLC, TKT GmbH, Cold Chain Technologies, Cryopak Industries Inc., Sofrigam SA Ltd., va-Q-tec AG, Saeplast Americas Inc., Inmark, LLC, Tempack Packaging Solutions S.L., EcoCool GmbH, Exeltainer SL, American Aerogel Corporation, Softbox Systems Ltd., DGP Intelsius Ltd., NanoCool
What regions regions does this Temperature Controlled Packaging Solutions Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Temperature Controlled Packaging Solutions Market?
Active, Passive
What are the significant applications of Temperature Controlled Packaging Solutions Market?
Frozen, Chilled, Ambient
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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