A recent report published by
Infinium Global Research on temperature controlled packaging market provides
in-depth analysis of segments and sub-segments in the global as well as
regional temperature controlled packaging market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
temperature controlled packaging market over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of the global temperature controlled packaging market. According to the
report, the global temperature controlled packaging market is projected to grow
at a CAGR of 9% over the forecast period of 2021-2027. The global temperature
controlled packaging market was valued at nearly USD 12 billion in 2021 and is
expected to reach around USD 20 billion in 2027.
Market Insight
The temperature-controlled
packaging ensures that both temperature-sensitive and insensitive products can
be shipped within one single packaging unit that can contain any size of the
temperature-sensitive shipment. Temperature-sensitive goods require suitable
packaging to protect them from damage and insulate them from different
temperature conditions. That's because food and medicines have precisely defined
temperature profiles and these are not only important during manufacture and
storage, but also during transportation activities. Temperature-controlled
packaging is also known as cold chain technology referring to packaging and
distribution methods specifically engineered to keep products at a constant
temperature from production through final distribution. The most common
material that is been used to create Temperature Controlled Packaging is
insulation materials, phase change materials, and also heating elements.
Temperature-controlled packaging solutions come under different types, designed
in order to provide protection for specific cold chain applications. The
COVID-19 outbreak had a significant impact on packaging for the food &
beverage industry across the world. After the covid crisis, the buying behavior
of consumers has changed because they are afraid that the packaging may contain
a virus that could infect them. As governments had imposed various
regulations in order to stop the spread of this virus, supply chain activities
got disrupted due and the food and beverage industries got majorly impacted
due to a shortage in packaging materials. Moreover due to lockdowns being imposed
people were been restricted to move out of their houses so this, in turn, affected the production activities across various industries. Many market
players initiated for helping the covid-19 infected patients by providing them with advanced technology material-based temperature-controlled packaging.
Growing demand from the foods
industry and combined with increasing use in the pharmaceutical industry is
expected to propel market growth in the future. Moreover, the evolving
lifestyle and busy schedules from the work culture have increased the demand for
frozen food as the consumer is more aware related to health awareness. Due to
the increasing research and development programs across the globe to boost the
manufacturing and packaging processes in the pharmaceutical and biotech
industries. Many safety measures are required to maintain during the packaging of
pharmaceutical products like the container should be clean, dry, etc. These
factors are expected to hinder the market growth of temperature-controlled
packaging solutions for pharmaceuticals. The growing focus of pharmaceutical
manufacturers on producing drugs and therapies for rare diseases is expected to
create lucrative growth opportunities in the global market
Among the regions, North America
accounted for the largest share in the global temperature controlled packaging market. The increasing demand for transportation drugs, vaccines, and clinical
trials in North America has prompted the temperature-controlled packaging
solutions growth. Moreover, the key players that are engaged in developing
technologies and processes necessary to develop cold chain systems efficiently.
However, the Asia Pacific region is anticipated to grow at the highest rate
in the global temperature controlled packaging market over the forecast period.
China is considered to be one of the top markets for cold chain production. The
demand for the use of cold chain storage and transportation systems has
increased majorly in cities such as Beijing and Shanghai. The rising demand for
frozen goods and well-developed infrastructure in large urban populations
create tremendous opportunities for its market growth in this region.
Segment Covered
The report on global temperature
controlled packaging market covers segments such as product, application, and
end-user. On the basis of product, the sub-markets include active systems, and
passive systems. On the basis of application, the sub-markets include
perishable goods delivery, cold chain stock, cold chain airfreight, clinical
supply chain, and others. On the basis of end-user, the sub-markets include
food & beverage, healthcare, chemicals, biothermal, and others.

Companies Profiled:
The report provides profiles of
the companies in the market such as Sonoco Products Company, Cold Chain
Technologies LLC, Va-Q-Tec AG, Pelican BioThermal LLC, Softbox Systems,
Sofrigam SA, DGP Intelsius GMBH, Inmark, LLC, Envirotainer AB, and
AmerisourceBergen Corporation.
Report Highlights:
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of temperature controlled packaging market. Moreover, the study
highlights current market trends and provides forecast from 2021-2027. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.