
DUBLIN, April 11, 2023 /PRNewswire/ -- The "Temperature Controlled Packaging Solutions Market By Product, By Type, By Services Type, By End Use, and By Region Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The market for temperature controlled packaging solutions is experiencing growth, with a current market size of USD11.50 billion in 2021, and an expected revenue compound annual growth rate (CAGR) of 8.0% during the forecast period.
Companies Mentioned
- Sonoco Products Company
- Peli BioThermal Limited
- FedEx
- Cold Chain Technologies
- AmerisourceBergen Corp.
- ACH Foam Technologies LLC.
- Sofrigram
- Cryopak
- Envirotainer
- United Parcel Service of America Inc.
This growth can be attributed to several factors, such as the increasing popularity of biodegradable insulation bags for food preservation, rising demand for temperature-controlled packaging solutions in various industries like pharmaceuticals, Food & Beverage (F&B), cosmetics, personal care, and others, and the rapid rise of Third-Party Logistics (3PL) service providers globally .
Temperature-controlled packaging, also known as cold chain packaging, involves strategies for packaging and distribution that ensure products are kept at a constant temperature from manufacturing until delivery. This includes packaging that protects products kept at room temperature from extreme temperatures outside.
Originally developed to keep temperature-sensitive goods chilled or frozen in transit, temperature-controlled packaging has become increasingly important due to the risks involved in exporting perishable goods, such as the adverse impact of temperature changes on the effectiveness of pharmaceuticals, the shelf life of products, and the growth of bacteria .
The rapid rise of third-party logistics (3PL) service providers globally is also driving revenue growth in the temperature controlled packaging solutions market. Logistic service providers have developed various temperature-controlled solutions to meet customer requirements, including reliable express distribution, dry ice supplies, real-time shipment status updates, regulatory clearance, validation services, and project management.
The packaging used is made of environmentally-friendly materials that are recyclable and cost-effective. These solutions ensure safe and compliant transport in frozen, chilled, and ambient conditions, and can deliver temperatures ranging from -20C, 2-8C, to 15-25C for varying distribution times, using conducive cooling mediums. As a result, demand for thermally controlled packaging is expected to rise.
Key Topics Covered:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Temperature Controlled Packaging Solutions Market Segmentation & Impact Analysis
4.1. Temperature Controlled Packaging Solutions Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers' analysis
4.2.2.1. Increasing popularity of biodegradable insulation bags for preserving food
4.2.2.2. Rising demand for temperature-controlled packaging solutions across industry verticals such as pharmaceuticals, Food & Beverage (F&B), cosmetics and personal care, and others
4.2.2.3. Rapid rise of Third-Party Logistics (3PL) service providers globally
4.2.3. Market restraints analysis
4.2.3.1. Higher initial investments for thermally controlled packaging
4.2.3.2. Less awareness regarding packaging solutions in several developing countries
4.2.3.3. Stringent government regulations on shipment of temperature sensitive products such as drugs and pharmaceutical products
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price Trend Analysis
4.9. Customer Mapping
4.10. COVID-19 Impact Analysis
4.11. Global Recession Influence
Chapter 5. Temperature Controlled Packaging Solutions Market by Product Insights & Trends
5.1. Product Dynamics & Market Share, 2022 & 2030
5.2. Insulated Shipper
5.2.1. Market estimates and forecast, 2019 - 2030 (USD Billion)
5.2.2. Market estimates and forecast, By Region, 2019 - 2030 (USD Billion)
5.3. Insulated Containers
5.4. Refrigerants
Chapter 6. Temperature Controlled Packaging Solutions Market by Type Insights & Trends
6.1. Type Dynamics & Market Share, 2022 & 2030
6.2. Active System
6.3. Passive System
6.4. Hybrid System
Chapter 7. Temperature Controlled Packaging Solutions Market by Services Type Insights & Trends
7.1. Services Type Dynamics & Market Share, 2022 & 2030
7.2. Airways
7.3. Waterways
7.4. Roadways
Chapter 8. Temperature Controlled Packaging Solutions Market by End Use Insights & Trends
8.1. End Use Dynamics & Market Share, 2022 & 2030
8.2. Pharmaceutical
8.3. Food and Beverage
8.4. Chemical and Materials
8.5. Others
Chapter 9. Temperature Controlled Packaging Solutions Market Regional Outlook
Chapter 10. Competitive Landscape
10.1. Market Revenue Share By Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market Positioning
10.5. Strategy Benchmarking
10.6. Vendor Landscape
Chapter 11. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/3trjo5
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