Global Temperature Controlled Packaging Market To Grow At A CAGR Of 12.5% By 2030

The global temperature controlled packaging market size was worth around USD 14.2 billion in 2021 and is predicted to grow to around USD 40.9 billion by 2030 with a compound annual growth rate (CAGR) of roughly 12.5% between 2022 and 2030.

To keep sensitive products at the right temperature, temperature-controlled packaging is specially made. Products are shielded from harm or imperfection by this kind of packaging. To protect food, medical, dairy, and other heat-sensitive products from exposure to extreme weather, many businesses utilize temperature-controlled packaging. This packaging is quite useful because many sellers want to send their goods in fresh condition till they are used. The phase of liquid materials like dry ice and water can be maintained better using this packaging. For varying temperatures, high degree protection, and consistent thermal performance, temperature-controlled packaging offers the better option.

To preserve the original content until it is delivered to the intended end user, temperature-controlled packaging is used in a variety of industries, including pharmaceutical, food and beverage, and others; this factor is anticipated to have a favorable impact on market growth. However, in the upcoming years, it is anticipated that evolving technologies and reusable packaging will promote market expansion.

The main issue for the market for temperature-controlled packaging, on the other hand, is the delivery of medications and syringes for the long voyage. Food, drinks, and pharmaceutical products all need to be maintained in a cool environment because they are perishable by nature. Pharmaceuticals, donor organs, pharmaceuticals, and blood transfusions are all transported using temperature-controlled packing options. Future market growth is projected to be fueled by these factors.

The global temperature controlled packaging market is segmented based on product, type, usage type, temperature control medium, application, and region.

Based on the temperature control medium, the market is segmented into insulating materials, phase change materials, and others. The phase change materials segment is expected to hold the highest revenue share over the forecast period. Thermal packaging methods using phase change materials (PCM) offer accurate temperature control. To maintain a consistent temperature for extended periods when transporting and storing biological, pharmaceutical, medical, and life science products, these PCMs store thermal energy as latent heat. To transport pharmaceutical products, blood, biologics, and tissue samples, temperature-controlled packaging solutions, such as dry ice, liquid nitrogen, gel packs, and other PCM, are carefully chosen for the best system and temperature control medium.

Geographically, the global temperature controlled packaging market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America has the largest market share in 2021 and is likely to maintain its dominance over the projection period due to increased demand for temperature-controlled packaging in the pharmaceuticals sector. Furthermore, due to the rising healthcare sector and innovative product releases, Europe is the second largest market for temperature-controlled packaging, which is expected to drive the global market in this region. Furthermore, Asia Pacific is expected to have impressive growth in the pharmaceutical industry due to increased disposable income and sales of pharmaceutical products, which will further boost the market growth in the future.

This review is based on a report by Zion Market Research, titled “Temperature Controlled Packaging Market By Product (Insulated Shippers, Protective Packaging, Insulated Containers, Refrigerants, And Others), By Type (Active Packaging, Hybrid Packaging, And Passive Packaging), By Usage Type (Single-Use Packaging And Reusable Packaging), By Temperature Control Medium (Insulating Materials, Phase Change Materials, And Others), By Application (Healthcare & Pharmaceuticals, Food And Beverages, Cosmetics And Personal Care, Chemicals And Others) And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2030.”- Report at https://www.zionmarketresearch.com/report/temperature-controlled-packaging-market

Recent Development:

• In December 2021, CSafe Global, the industry pioneer in temperature-controlled container solutions for the pharmaceutical sector, recently announced the acquisition of Softbox Systems, a provider of passive temperature-controlled packaging solutions for the biotech, pharmaceutical, and cold chain logistics sectors. This acquisition will significantly expand CSafe's passive product line. Together, they will offer the most complete range of thermal shipping solutions and turn into a one-stop shop for all pharmaceutical cold chain shipping requirements, enabling delivery of crucial temperature-sensitive goods like next-generation biologics, cell and gene therapies, and mRNA therapies like the COVID-19 vaccine.
• In February 2020, Pelican BioThermal, a leading manufacturer of temperature-controlled packaging, announced the acquisition of NanoCool, an Albuquerque, New Mexico-based provider of such services. The Pelican BioThermal product portfolio, already the most extensive in the sector, has been expanded further by this acquisition. Pelican BioThermal will be able to increase its access to patients, laboratories, and other last-mile participants in the provision of life sciences materials and collection of patient laboratory samples due to the inclusion of NanoCool customers, market categories, and product technologies.

The global temperature controlled packaging market is dominated by players like:

• Cold Chain Technologies
• Sonoco Products Company
• Va-Q-Tec AG
• Pelican BioThermal Limited
• Softbox
• Sofrigam SA
• Intelsius
• Inmark Global Holdings LLC
• Envirotainer
• FedEx
• United Parcel Service of America Inc.

The global temperature controlled packaging market is segmented as follows:

By Product

• Insulated Shippers
• Protective Packaging
• Insulated Containers
• Refrigerants
• Others

By Type

• Active Packaging
• Hybrid Packaging
• Passive Packaging

By Usage Type

• Single-Use Packaging
• Reusable Packaging

By Temperature Control Medium

• Insulating Materials
• Phase Change Materials
• Others

By Application

• Healthcare & Pharmaceuticals
• Food and Beverages
• Cosmetics and Personal Care
• Chemicals
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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