Temperature Controlled Packaging Solutions Market 2023-2030: Rapid Rise Of Third-Party Logistics Service Providers Globally Is Another Factor To Drive Revenue Growth
The Global Temperature-Controlled Packaging Solutions Market size was USD 11.50 Billion in 2021 and is expected to register a revenue CAGR of 8.0% over the forecast period, according to the latest report by Reports and Data.
There are many different types of temperature-controlled protective packaging solutions, each with specific applications and sets of properties. The sensitivity of the goods being transported and the nature of the package itself determine the type of package. There are many different types of protective packaging solutions, and some products must be protected against rough handling, shock, vibration, compression, and more. To maintain acceptable temperatures during transportation of temperature sensitive products, insulation is required to help prevent or reduce heat transfer. Expanded polystyrene (EPS) is one of the most common protective packaging insulation materials used in the food and healthcare industries.
Compared to traditional shipping materials, EPS limits the growth of surface fungi and bacteria. This is important for grocery stores because EPS meets FDA 21 CFR regulations and allows for safe contact with food. Products in the food and beverage industry that must be packed and shipped in temperature-controlled packaging include fresh produce, dairy products, eggs, and frozen foods. Various cold chain packaging solutions are available to freeze food at the right temperature, preserve product freshness, and prevent sensitive items such as chocolates and confectionery from melting during transit. In addition, the increasing use of innovative bioplastics such as polylactic acid (PLA) effectively helps in temperature control of perishable foods and keeps food cool during transportation, thus increasing the demand for temperature-controlled packaging solutions. Demand is expected to increase, driving revenue growth at the temperature-controlled packaging solutions market.
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Market Overview:
A rapidly increasing global population, a significant increase in consumer goods demand worldwide, increased development of advanced and environmentally friendly packaging materials, a focus on reducing carbon emissions, and the introduction of environmentally sustainable packaging solutions all play a key role in driving revenue growth in the global packaging industry. Retail & e-commerce, food & beverage, consumer electronics, pharmaceutical, and others are among the industries that are requiring environmentally sustainable packaging solutions. Increasing research & development activities for advanced and environmentally sustainable packaging techniques, rapid growth of the manufacturing industry, increasing imports and exports of consumer goods around the world, and increases in government investment in the transportation and logistics industry are some of the major factors contributing to the growth of the global packaging industry. The development of cold chain logistics infrastructure and technological advances are also major factors driving growth in the global packaging market.
Some of the Leading Market Players Are Listed Below:
- 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.
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The Global Temperature Controlled Packaging Solutions Market Is Segmented Into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentation:
By Product Outlook
- Insulated Shipper
- Insulated Containers
- Refrigerants
By Type Outlook
- Active System
- Passive System
- Hybrid System
By Services Type Outlook
- Airways
- Waterways
- Roadways
By End Use Outlook
- Pharmaceutical
- Food & Beverage (F&B)
- Chemical and Materials
- Others
Some Points on How the Report Benefits Readers:
- Deep-dive analysis of the key drivers, opportunities, and restraints.
- Qualitative and quantitative analyses of the global Temperature Controlled Packaging Solutions market.
- Comprehensive analysis of the key regional markets and their respective revenue CAGRs.
- Precise evaluation of each regional market’s production & consumption capacities.
- An overview of the highly competitive environment of the Temperature Controlled Packaging Solutions industry and company overviews.
- Focus on the key strategies implemented by the key market players, such as partnerships, collaborations, acquisitions, new product launches, and various other strategies.
Table of Contents (ToC) – Global Temperature Controlled Packaging Solutions Market
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary Sources
1.4.2. Secondary Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2023-2030
Chapter 3. Key Insights
Chapter 4. Global Pharma & Healthcare Market Segmentation
4.1. Global Pharma & Healthcare Market COVID-19 Impact Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Porter’s Five Forces Analysis
4.5. Regulatory Framework
4.6. Price trend Analysis
4.7. Competitive Metric Space Analysis
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