Acknowledging the kind of traction gained by this market, recently published a study report asserts the Passive Temperature Controlled Packaging in Pharma Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 8.2% during the review period (2022 to 2027).
Growth in the market is underpinned by expansion of pharmaceutical industry. Temperature-controlled passive packaging consist of shippers and containers.They are designed especially for the packaging of products that are required to be kept under specific temperature conditions.They also have the ability to maintain a temperature-controlled environment to limit the high or low temperatures exposure of the packed product during transit. Passive Temperature Controlled Packaging do not use active temperature controls such as heating systems to alter the temperature. They use insulation mediums to limit the temperature change of the packaged products.
The global Passive temperature-controlled packaging for the pharmaceutical market is likely to enhance its investment and funding to carry on the functioning of the market followed by the rising ability to meet the global target audience that is spread in an array of market locations, especially during the ongoing forecast period. The market investment is also helpful in maintaining a proper flow of the demand and supply chain mechanism of the temperature-controlled packaging for pharmaceutical market share amid the ongoing forecast period of 2022-2027.
The global Passive Temperature Controlled Packaging in Pharma Market includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Sonoco ThermoSafe ,Hazgo ,Cold Chain Technologies ,Marken ,Jarden Life Sciences,Softbox Systems Ltd,GEBHARDT Logistic Solutions GmbH and many others
March 2022:Cold Chain Technologies, LLC ("CCT" or "Company"), a portfolio company of Aurora Capital Partners and leading global provider of thermal packaging solutions for the transportation of temperature-sensitive products for the life sciences industry, announced that it has acquired Packaging Technology Group, LLC ("PTG"), a leading provider of sustainable, curbside-recyclable thermal packaging solutions for the life sciences industry. Terms of the transaction were not disclosed.
April 2021, Softbox Systems Ltd. announced its partnership with Pfizer to support in the distribution of COVID-19 vaccines through the supply of a high-performance temperature-controlled parcel shipper developed specifically for ultra-low temperature applications.
By Type, it is segmented into
By Application, it is segmented into
North America is anticipated to remain the second-largest market for Passive Temperature Controlled Packaging in Pharma. Sales of Passive Temperature Controlled Packaging in Pharma across North America are expected to account for over 21% in the global market share by 2027. Favorable state and national government policies coupled with strong desire for developed healthcare system in the U.S. is expected to aid the growth in the market.
The Passive Temperature Controlled Packaging in Pharma Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Foil and Foam Heat Shield report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 8.2% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Sonoco ThermoSafe ,Hazgo ,Cold Chain Technologies ,Marken ,Jarden Life Sciences |
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 | 87 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Passive Temperature Controlled Packaging in Pharma in Pharma is studied from 2017-2027.
What is the growth rate of Passive Temperature Controlled Packaging in Pharma Market?
The Passive Temperature Controlled Packaging in Pharma in Pharma is growing at a CAGR of 8.2% over the next 5 years.
Who are the key players in Passive Temperature Controlled Packaging in Pharma Market?
Sonoco ThermoSafe ,Hazgo ,Cold Chain Technologies ,Marken ,Jarden Life Sciences,Softbox Systems Ltd,GEBHARDT Logistic Solutions GmbH and many others
What regions do this Passive Temperature Controlled Packaging in Pharma Market report covers?
North America (US, Canada)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
Rest of the World (Middle East & Africa, Latin America)
What are the significant types of Passive Temperature Controlled Packaging in Pharma Market?
Insulated Boxes, Insulated Containers, Other
What are the major end-use applications of Passive Temperature Controlled Packaging in Pharma Market?
Pharma Industry, Others
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
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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