Global Temperature Controlled Packaging Solutions Market Size, Insights, Drivers, Opportunities, Covid-19 Impact, by Type (Active, Passive), Product, Usability (Single, Reuse), Revenue type (Product, Service), End-Use Industry (Pharma and Biopharma), By Region, Growth, Trends and Forecast From 2021 To 2027
Global Temperature Controlled Packaging Solutions Market Size, Insights, Drivers, Opportunities, Covid-19 Impact, by Type (Active, Passive), Product, Usability (Single, Reuse), Revenue type (Product, Service), End-Use Industry (Pharma and Biopharma), By Region, Growth, Trends and Forecast From 2021 To 2027
Historic years: 2015 to 2019 Base Year: 2020 Forecast Years: 2021 to 2027
Number of pages: 193 Category: Chemical Report Id: MISCH9417
Market Size
The global temperature-controlled packaging solutions market size was valued at USD 34.4 billion in 2020 and is estimated to reach a value of USD xx billion in 2027. The Temperature Controlled Packaging Solutions market analysis shows that it will grow with a CAGR of 18.4% over the forecast period of 2021 to 2027.Market Driver
The healthcare sector is likely to boost the temperature-controlled packaging solutions market over the coming years. With increased demand from the United States, North America is the most dominant region of the healthcare market. Biopharmaceuticals, also known as BioPharma drugs, are pharmaceuticals made from biological materials (animal, human, and microorganisms). Biopharmaceuticals include vaccines, enzymes, tissues, gene therapy, and cell therapies, to name a few. These materials are sensitive to heat and humidity, and they must be shipped and processed at low temperatures. Transporting vaccines and cell therapies necessitates a lower temperature. Transporting vaccines and cell therapies necessitates a lower temperature. Because of the COVID-19 pandemic, demand for the COVID-19 vaccine, cell and gene therapy, and other flu vaccinations is expected to skyrocket in 2020. The global demand for vaccine shipping is expected to rise, boosting the market for temperature-controlled packaging. Pfizer – BioNTech's COVID-19 vaccine is an Ultra-Low Temperature vaccine, which means it must be kept at a low temperature to ensure its consistency and efficacy. The temperature-sensitive payload is transported through the cold chain. Temperature excursions during shipping placed these payloads at risk of disruption and failure. The biopharmaceutical industry is the primary source of temperature-sensitive materials, and they are extremely important. Failures in temperature-controlled logistics cost the industry about USD 35 billion a year. In the wake of the COVID-19 pandemic in 2020, the shipping of COVID-19 vaccines and other drugs such as cell and gene therapies has increased. Temperature-sensitive packaging solution vendors are working on a program to increase real-time awareness of cargo temperature and position across the cold chain.Segment Outlook
Based on type, the market is segmented into Active, Passive. The active system segment is estimated to be the largest segment over the forecast period. Based on product reusability, the market is segmented into Single, Reuse. Based on revenue type, the market is segmented into Product, Service. The pharma segment is estimated to be the largest segment over the forecast period. Based on end use industry, the market is segmented into Pharma and Biopharma.Regional Outlook
The Temperature Controlled Packaging Solutions market research report provides an in-depth analysis of the industry, incorporating quantitative and qualitative data. It includes historical, present, and forecast data of the global market for temperature-controlled packaging solutions by segment. Furthermore, it provides market size and forecast estimates for five regions, namely Asia Pacific, North America, Europe, Central & South America, Middle East, and Africa from 2015 to 2027. The Temperature Controlled Packaging Solutions market is by region and then by country and segment. It has been estimated that North America accounted for the largest market share in the global temperature-controlled packaging solutions market. The key countries in this market include U.S., Italy, Germany, France, China, India, and Japan. The report analyzes supply and demand-side factors affecting the Temperature Controlled Packaging Solutions market and then evaluates market dynamics affecting the market in coming years. Qualitative insight available in this report are opportunities, drivers, restraints, and future trends.Company Profile Outlook
Key companies profiled in this market are Sonoco Products Company (US), Va-Q-Tec AG (Germany), Pelican BioThermal LLC (US), United Parcel Service, Inc. (US) Cold Chain Technologies, LLC (US), Softbox Systems (UK), Sofrigam SA (France), Inmark, LLC (US), Envirotainer AB (Sweden), DGP Intelsius GMBH (UK), FedEx Corporation (US), and AmerisourceBergen Corporation (US). However, we have also considered other companies for detailed primary interviews.Research Methodology
Temperature Controlled Packaging Solutions market report consists of market analysis including both primary and secondary research. Primary research comprises of the interaction between manufacturers, industry experts, channel partners, and end-users, while the secondary research presents an analytical interpretation of relevant published databases, which contains details like company annual reports, and financial reports, white papers, and purchased databases. For single, team, and corporate user licenses, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.About Us
Market Insight Solutions is a leading market research firm that caters to a diverse portfolio of research campaigns. We are one of the fastest-growing research organizations led by an extensive team of individuals. Our team has individuals with more than 10 years of experience in diverse research domains. Our strategic insights aim at providing credible and practical solutions to meet the specific requirements of our clients. We offer market studies on basis of facts across cross domains.Segments covered in the report
Temperature Controlled Packaging Solutions Market Size and Outlook by Type
- Active Systems
- Passive Systems
Temperature Controlled Packaging Solutions Market Size and Outlook by Usability
- Single
- Reuse
Temperature Controlled Packaging Solutions Market Size and Outlook by Revenue Type
- Products
- Services
Temperature Controlled Packaging Solutions Market Size and Outlook by Product
- Insulated Shippers
- Insulated Containers
- Refrigerants
Temperature Controlled Packaging Solutions Market Size and Outlook by End Use
- Pharma
- Biopharma
Temperature Controlled Packaging Solutions Market Size and Outlook by Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Russia
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- Indonesia
- South Korea
- Australia
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
Companies Profiled in this Report
- 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
- Fedex Corporation
- United Parcel Service, Inc.
- Amerisourcebergen Corporation
Actionable Outcomes
Our Temperature Controlled Packaging Solutions Market Report offers a thorough assessment of estimations and projections on the market dynamics. Further, it helps in the implementation of these results as they show tangible benefits to business stakeholders and industry entities decisions as leaders.Strategic Planning
Every business needs to understand how their product will grow in the forthcoming years. With the current uncertainness due to the COVID-19 scenario, this analysis becomes significant to understand past disruptions and boost the preparedness for the next steps of decision. We at Market Insight Solutions are trying to break down the complex market for the business leaders through strategic insights and resilience in unpredictable situations.Highlights of the report:
- COVID-19 impact on Temperature Controlled Packaging Solutions market size
- Temperature Controlled Packaging Solutions market size, drifts, drivers and opportunities
- Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
- Temperature Controlled Packaging Solutions market size in United States
- Understanding the dynamics of the parent market
- Prime fluctuations of the market dynamics
- Evaluation of the market opportunities
- Historical, current, and projected Temperature Controlled Packaging Solutions market size from the standpoint of both value and volume
- Market segmentation and comprehensive analysis in the second or third level
- Reporting and evaluation of recent industry developments
- Analysis of market share and developments
- Detailed company profiling of leading companies
- Opportunities to newer markets in global and regional markets
- Analyzing the trajectory line of the business
- Analyze Temperature Controlled Packaging Solutions market share
- Measures to consider for Temperature Controlled Packaging Solutions market