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Global Temperature Controlled Packaging Systems Market Size By Product Type, By End-User Industry, By Technology, By Geographic Scope And Forecast


Published on: 2024-06-09 | No of Pages : 240 | Industry : FOOD-AND-BEVERAGES

Publisher : MRI | Format : Text

Global Temperature Controlled Packaging Systems Market Size By Product Type, By End-User Industry, By Technology, By Geographic Scope And Forecast

Temperature Controlled Packaging Systems Market Size And Forecast

Temperature-controlled Controlled Packaging Systems Market size was valued at USD 13.5 Billion in 2023 and is projected to reach USD 29.03 Billion by 2031, growing at a CAGR of 8.2% during the forecast period 2024-2031.

Global Temperature Controlled Packaging Systems Market Drivers

The market drivers for the Temperature Controlled Packaging Systems Market can be influenced by various factors. These may include

  •  Growth in the Pharmaceutical Sector The need for these systems is driven by the pharmaceutical industry’s frequent requirement for temperature-controlled packaging for the transportation of medications and vaccines.
  •  Growing Need for Perishable Food Products As e-commerce expands and fresh food delivery becomes more necessary, there is a greater need for temperature-controlled packaging methods to keep perishable food items fresh.
  •  Tight Regulations The industry is growing because regulatory authorities frequently require the transportation of specific goods, particularly food and pharmaceuticals, to be packaged at a specific temperature.
  •  Increased Trade in Temperature-Sensitive Products Worldwide Temperature-sensitive products like medicines, biologics, and specialty chemicals are being traded internationally, which is boosting demand for dependable temperature-controlled packaging solutions.
  •  Technological Developments The creation of more sustainable and effective materials, along with ongoing improvements in temperature-controlled packaging technologies, are propelling the market’s expansion.
  •  A Growing Emphasis on Sustainability The industry is seeing an increase in innovation and acceptance due to a growing emphasis on environmentally friendly packaging options, such as temperature-controlled packaging.
  •  Infrastructure Development for the Cold Chain The adoption of temperature-controlled packaging methods is being propelled by the development of cold chain infrastructure, especially in developing nations.
  •  Demand from the Healthcare industry The need for temperature-controlled packaging for the secure transportation of medical supplies and samples is being driven by the healthcare industry, which includes clinics, hospitals, and diagnostic centers.

Global Temperature Controlled Packaging Systems Market Restraints

Several factors can act as restraints or challenges for the Temperature Controlled Packaging Systems Market. These may include

  •  High Initial Cost The cost of purchasing temperature-controlled packaging equipment may be prohibitive for smaller companies or those operating on a tighter budget.
  •  Maintenance Costs Regular maintenance and calibration are generally necessary for these devices, which raises the total cost of ownership.
  •  Complexity Some systems are difficult to operate and maintain due to their complexity, necessitating specialist knowledge or training.
  • Challenges and Resource Demands in Complying with Temperature Adherence to laws pertaining to temperature-sensitive items might pose difficulties and necessitate the allocation of supplementary funds and resources.
  •  Limited Shelf Life If not used within a specific period of time, some temperature-controlled packaging methods have a limited shelf life that may incur additional expenditures.
  •  Environmental Concerns The energy used by temperature-controlled systems and the packing materials disposed of can have an adverse effect on the environment, as well as the system’s overall cost and sustainability.
  •  Logistical Challenges Handling the storage, distribution, and transportation of temperature-sensitive goods can be a difficult and expensive task.

Global Temperature Controlled Packaging Systems Market Segmentation Analysis

The Global Temperature Controlled Packaging Systems Market is Segmented on the basis of Product Type, End-User Industry, Technology and Geography.

Temperature Controlled Packaging Systems Market, By Product Type

  •  Active Temperature-Controlled Packaging Systems These systems use an external power source to actively regulate the temperature inside the packaging. They are often used for long-distance transportation of temperature-sensitive products.
  •  Passive Temperature-Controlled Packaging Systems These systems do not require an external power source and rely on insulation and temperature-controlling materials (such as phase change materials or gel packs) to maintain the desired temperature. They are often used for shorter distances or when power sources are not available during transportation.

Temperature Controlled Packaging Systems Market, By End-User Industry

  •  Pharmaceuticals Temperature-controlled packaging systems are crucial for maintaining the integrity of pharmaceutical products, especially biologics and vaccines, which are sensitive to temperature variations.
  •  Healthcare In the healthcare industry, these systems are used for transporting medical devices, samples, and other temperature-sensitive healthcare products.
  •  Food & Beverages Temperature-controlled packaging is essential for maintaining the quality and safety of perishable food and beverages during transportation.
  •  Chemicals Certain chemicals and products in the chemical industry require specific temperature conditions for storage and transportation to ensure their stability and safety.
  •  Others This category may include industries such as electronics, where temperature-sensitive components need to be transported under controlled conditions.

Temperature Controlled Packaging Systems Market, By Technology

  •  Insulated Shippers These are packaging containers with insulating materials to prevent temperature fluctuations.
  •  Insulated Containers Larger containers designed to maintain temperature for bulk shipments.
  •  Refrigerants These are cooling agents used in packaging to maintain low temperatures.
  •  Phase Change Materials These materials change their state (solid to liquid or vice versa) at a specific temperature, helping to maintain a constant temperature inside the packaging.
  •  Others This could include various technologies used in temperature-controlled packaging, such as vacuum insulation panels or advanced monitoring systems.

Temperature Controlled Packaging Systems Market, By Geography

  •  North America Includes the United States, Canada, and Mexico, where the demand for temperature-controlled packaging is driven by stringent regulations and the need to transport pharmaceuticals and perishable goods.
  •  Europe Known for its strict regulations regarding temperature-sensitive products, the European market for temperature-controlled packaging is driven by the pharmaceutical and food industries.
  •  Asia-Pacific With a growing pharmaceutical industry and increasing demand for high-quality food products, the Asia-Pacific region offers significant opportunities for temperature-controlled packaging.
  •  Latin America The pharmaceutical and food industries in countries like Brazil and Mexico are driving the demand for temperature-controlled packaging in this region.
  •  Middle East & Africa The Middle East is witnessing growth in pharmaceuticals and healthcare, while Africa’s food industry is driving the demand for temperature-controlled packaging systems in these regions.

Key Players

The major players in the Temperature Controlled Packaging Systems Market are

  •  Sonoco Products Company
  •  Envirotainer Ltd.
  •  Pelican Biothermal
  •  Cryopak
  •  DS Smith Plc
  •  Cold Chain Technologies
  •  Intelsius
  • CSafe Global
  •  Softbox Systems
  •  World Courier
  •  Skycell
  •  va-Q-tec AG
  •  Sofrigam SA Ltd.
  •  American Aerogel Corporation
  •  EcoCool GmbH

Report Scope

REPORT ATTRIBUTES DETAILS
STUDY PERIOD

2020-2031

BASE YEAR

2023

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Sonoco Products Company, Envirotainer Ltd., Pelican Biothermal, Cryopak, DS Smith Plc, Cold Chain Technologies, Intelsius, CSafe Global, Softbox Systems, World Courier, Skycell, va-Q-tec AG, Sofrigam SA Ltd., American Aerogel Corporation, EcoCool GmbH

SEGMENTS COVERED

By Product Type, By End-User Industry, By Technology By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our 

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Table of Content

1. Introduction
· Market Definition
· Market Segmentation
· Research Methodology

2. Executive Summary
· Key Findings
· Market Overview
· Market Highlights

3. Market Overview
· Market Size and Growth Potential
· Market Trends
· Market Drivers
· Market Restraints
· Market Opportunities
· Porter's Five Forces Analysis

4. Temperature Controlled Packaging Systems Market, By Product Type
• Active Temperature-Controlled Packaging Systems
• Passive Temperature-Controlled Packaging Systems

5. Temperature Controlled Packaging Systems Market, By End-User Industry
• Pharmaceuticals
• Healthcare
• Food & Beverages
• Chemicals
• Others

6. Temperature Controlled Packaging Systems Market, By Technology
• Insulated Shippers
• Insulated Containers
• Refrigerants
• Phase Change Materials
• Others

7. Regional Analysis
· North America
· United States
· Canada
· Mexico
· Europe
· United Kingdom
· Germany
· France
· Italy
· Asia-Pacific
· China
· Japan
· India
· Australia
· Latin America
· Brazil
· Argentina
· Chile
· Middle East and Africa
· South Africa
· Saudi Arabia
· UAE

8. Market Dynamics
· Market Drivers
· Market Restraints
· Market Opportunities
· Impact of COVID-19 on the Market

9. Competitive Landscape
· Key Players
· Market Share Analysis

10. Company Profiles
• Sonoco Products Company
• Envirotainer Ltd.
• Pelican Biothermal
• Cryopak
• DS Smith Plc
• Cold Chain Technologies
• Intelsius
• CSafe Global
• Softbox Systems
• World Courier
• Skycell
• va-Q-tec AG
• Sofrigam SA Ltd.
• American Aerogel Corporation
• EcoCool GmbH

11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix
• List of Abbreviations
• Sources and References

  • Sonoco Products Company
  •  Envirotainer Ltd.
  •  Pelican Biothermal
  •  Cryopak
  •  DS Smith Plc
  •  Cold Chain Technologies
  •  Intelsius
  • CSafe Global
  •  Softbox Systems
  •  World Courier
  •  Skycell
  •  va-Q-tec AG
  •  Sofrigam SA Ltd.
  •  American Aerogel Corporation
  •  EcoCool GmbH