Global Pharmaceutical Temperature-Controlled Packaging Market Report 2023: A $16.8 Billion Market by 2028 with Sonoco, FedEx, Cold Chain Technologies, DGP Intelsius, and CSafe Global Dominating

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Aug 31, 2023, 11:30 ET

DUBLIN, Aug. 31, 2023 /PRNewswire/ -- The "Temperature-Controlled Packaging for the Pharmaceutical Market" report has been added to ResearchAndMarkets.com's offering.

Pharmaceutical Temperature-Controlled Packaging Market is projected to reach a value of $16.8 billion by 2028 from $10.6 billion in 2023, growing at a CAGR of 9.5%

This research report offers a comprehensive analysis of the global market landscape. With a focus on market estimates, trends, and dynamics up to the year 2028, the report explores various applications and sheds light on key players, innovative technologies, and sustainability considerations within the cold chain. Examining the TCP market through the lenses of type, product, and regional perspectives, this report provides a nuanced understanding of the evolving industry.

Temperature-controlled packaging is meticulously designed and validated to ensure products remain within specific temperature ranges for predefined periods. Whether it's maintaining temperatures between 2°C and 8°C for medications or preserving controlled room temperatures of 15°C to 25°C, TCP solutions span across different requirements. These solutions manifest in three primary forms: hybrid, passive, and active systems.

Active systems, known for their previous reliance on pallet-sized containers with built-in cooling mechanisms, demanded external power sources such as plug-ins or batteries. In contrast, passive systems utilized phase change materials (PCMs) to regulate temperature, offering a lighter alternative with the requirement of precise planning and material quantities.

The report unveils a comprehensive view of the TCP market, capturing the diversity of applications and technologies driving its evolution. Through meticulous analysis and insights, stakeholders gain valuable perspectives to navigate the landscape's complexities and potential opportunities.

Active systems run on a power source like a lithium battery. A refrigerant, such as wet or dry ice, gel packs or wraps, foam bricks, PCM, or liquid nitrogen, is used in passive systems together with insulated packaging. Since there is a growth in demand for the shipping of vaccines around the world, the market for temperature-controlled packaging is anticipated to expand.

The U.S. is home to three companies that make COVID vaccines: Janssen (Johnson & Johnson), Pfizer-BioNTech (Pfizer), and Moderna (Moderna Inc.). All COVID-19 vaccines must be stored by detailed instructions. For instance, once withdrawn, the Moderna COVID vaccine must be stored between 2C and 8C and retained between -25C and -15C in the freezer.

Thus, it is essential to maintain a cold chain when COVID-19 vaccines are stored. As a result, the aforementioned facts contributed to the market expansion in the area. Additionally, it is expected that Europe would hold the second-largest market share for temperature-controlled packaging. The rapidly expanding pharmaceutical industry in the area has increased the demand for temperature-controlled packaging.

This market study on temperature-controlled packaging reveals that market items are in high demand in nations like the U.S., Germany, the UK, China, India, Japan, and others. The publisher estimated market growth from 2023 to 2028 by analyzing major categories and geographical areas to evaluate the status of the current and future temperature-controlled packaging industry.

Report Includes

Analyses of the global market trends, with historical and current revenue (sales figures) for 2021 and 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
Estimation of the actual market size and revenue forecast for global temperature-controlled packaging market, and corresponding market share analysis based on the technology type, application, and region
Updated information on key market drivers and opportunities, industry shifts and regulations, and other demographic factors that will influence the market demand in the coming years (2023-2028)
Country specific data and market value analysis for the U.S., Germany, the U.K., China, India, Japan, and other emerging countries in the temperature-controlled packaging market
Discussion of viable technology drivers through a holistic review of various packaging technologies for current and future applications of temperature-controlled packaging solutions in the pharmaceutical and food and beverage industry and other application markets
A look at the recent trends and ESG (Environmental, Social, and Governance) related developments in the global temperature-controlled packaging market
Review of key patent grants and patent applications on temperature-controlled packaging markets, and emerging technologies and new developments in this market
Analysis of the competitive landscape based on recent market developments, financial performance, segmental revenues, and operational integration
Company profiles of major players within the industry, including Sonoco Products Co., FedEx Corp., Cold Chain Technologies, DGP Intelsius GMBH, and CSafe Global

Company Profiles

Amerisource Bergen Corp.
Cold Chain Technologies
Csafe Global
Dgp Intelsius GmbH
Envirotainer Ab
Fedex Corp.
Inmark Global Holdings LLC.
Peli Biothermal Ltd.
Sofrigam Sa
Sonoco Products Co.
United Parcel Service Inc.
Va-Q-Tec AG

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Market Outlook
Introduction
Market Size

Chapter 3 Market Dynamics

Economic Environment
Market Environment
Cold Chain Standards and Regulations
Swot Analysis
Market Drivers
Increasing Demand for Temperature-Controlled Packaging Across Various Industries to Drive the Market Growth
Increasing Emphasis on Producing Medicines and Treatments for Rare Diseases in the Pharmaceutical Industry
Growth in Healthcare Sector Owing to Covid-19 Spike
Market Challenges
Volatility in Crude Oil Prices Hampering the Market Growth
High Capital Investment and Lack of Awareness Act as a Major Challenge to the Market Growth
Rising Cost of Gas Leading to Dry Ice Shortages in UK and Europe
Dry Ice Releases Carbon Dioxide Generated Upon Use
Market Opportunities
Digitization of the Tcp Market Will Assist Businesses in Reducing Operating Costs and Human Checks
Growth in Healthcare Sector Owing to Covid-19 Spike
Macroeconomic Issues Impacting the Pharmaceutical Industry's Supply Chain

Chapter 4 Temperature-Controlled Packaging for the Pharmaceutical by Type

Introduction
Comparing Alternatives in Temperature-Controlled Packaging
The Importance of Insulated Packaging
Market Size Estimation and Forecast
Active Systems
Passive Systems

Chapter 5 Temperature-Controlled Packaging for the Pharmaceutical by Product

Highlights
Factors Influencing the Temperature-Controlled Packaging for the Pharmaceutical Market
Market Size Estimation and Forecast
Insulated Shippers
Insulated Containers
Refrigerants

Chapter 6 Temperature-Controlled Packaging for the Pharmaceutical by Region

Highlights
Market Size Estimation and Forecast
North America
Market Size Estimation and Forecast
Strategic Insights
Europe
Asia-Pacific
Row

Chapter 7 Sustainability in Temperature-Controlled Packaging for the Pharmaceutical Market

Sustainable Cold Chain Packaging
Sustainable Packaging and the Circular Economy
Importance of Esg in the Temperature-Controlled Packaging Industry
Esg Ratings and Metrics: Understanding the Data
Esg Practices in the Temperature-Controlled Packaging for the Pharmaceutical Market
Current Status of Esg in the Temperature-Controlled Packaging for the Pharmaceutical Market
Esg Score Analysis
Environmental Score
Social Score
Governance Score:
Total Score
Risk Scale, Exposure Scale, and Management Scale
Risk Scale
Exposure Scale
Management Scale
Example of Successful Esg Implementation
Concluding Remarks

Chapter 8 Emerging Technologies

Smart Technology for a Better Cold Chain
Iot Sensors
Artificial Intelligence and Machine Learning
Blockchain
3D Printing Technology
Smart Cold Chain Packaging
Cold Chain Technology is Still Developing
Pallet Containerization for Air Freight
Parcel-Size Containers
Covid-19 Vaccine Distribution
Expanding Operation
Cell and Gene Therapies
Technology Advancement Undertaken by Key Players
Switch to Unpigmented Trays Will Drive An Increase in the Circularity of Pet Trays
Next Generation Digital Supply Chain Solutions
Temperature-Controlled Packaging for Bulk Shipments Using Reusable Dry Ice
Phase Change Materials' Technology for the Box Used for Covid-19 Vaccine Transportation
New Product/New Technology Development
Patent Granted on Technologies

Chapter 9 Competitive Landscape

Major Strategic Developments
Recent Developments by Key Players

For more information about this report visit https://www.researchandmarkets.com/r/bh6wq8

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