TEMPERATURE CONTROLLED PHARMACEUTICAL CONTAINERS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Temperature Controlled Pharmaceutical Containers Market Size and Trends

Global temperature controlled pharmaceutical containers market is estimated to be valued at USD 5.09 Bn in 2024 and is expected to reach USD 10.26 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.

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Global temperature controlled pharmaceutical containers market  growth is driven by rising demand for temperature-sensitive drugs and biologics due to the increasing prevalence of chronic diseases. Stringent regulations regarding the transportation of pharmaceutical products compels pharmaceutical manufacturers and logistics companies to utilize innovative temperature controlled packaging solutions. Growing focus on cold chain management of vaccines and development of next-generation temperature-controlled packaging such as intelligent & smart containers are expected to create lucrative opportunities for market players. However, high costs associated with advanced temperature controlled solutions can hamper the market growth.

Increasing Product Launches by Key Market Players

Increasing adoption of organic growth strategies such as product launches by key market players is expected to drive the market growth over the forecast period. For instance, in September 2023, Pluss Advanced Technologies (PLUSS), the phase change material technology company, announced the launch of Celsure XL Pallet Shipper series and Celsure VIP Multi-use parcel shipper series, two new temperature-controlled packaging solutions for the pharmaceutical industry, that offers a alternative to conventional gel pack solutions and expensive leased containers.

Market Concentration and Competitive Landscape

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The demand for temperature controlled packaging solutions for pharmaceutical products has been increasing significantly over the past few years. With more medicines and vaccines requiring strict temperature control during storage and transportation, the need for specialized temperature controlled containers and packaging has risen tremendously. This stringent requirement is driven by the fact that exposing drugs and biological products to temperatures outside their recommended range, even briefly, can potentially reduce their efficacy and potency or even render them ineffective.

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Lack of adequate infrastructure and standardization can hamper the growth of the temperature controlled pharmaceutical containers market in emerging economies. While the demand for temperature sensitive drugs is increasing due to the rising income levels and awareness, lack of proper cold chain facilities hampers the last mile delivery of such products. This limits the effective distribution of biologics, vaccines and other drugs that require temperature control during transport and storage. Absence of standardized protocols for monitoring, tracking and validation of shipment conditions from manufacturing to the patient also reduces supply chain efficiency and trust in these markets.

Market Opportunity – Increasing Inorganic Growth Strategies by Key Market Players

Increasing adoption of inorganic growth strategies, such as agreement, is expected to offer lucrative growth opportunities for the market growth over the forecast period. For instance, in November 2022, Sonoco ThermoSafe, a unit of Sonoco and one of the largest global providers of temperature assurance packaging, and LATAM Cargo, an international cargo airline, announced a global lease agreement for the new Pegasus ULD temperature-controlled bulk shipping container.

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Product Type segment is sub-segmented into insulated shippers, insulated containers, and others. Insulated shippers sub-segment is estimated to hold 43.9% of the market share in 2024 due to continuous innovations. Insulated shippers offer reliable temperature control during transit, thus, making them indispensable for transporting temperature sensitive medications and biological samples. Leading manufacturers are focusing on developing advanced insulation technologies that can withstand challenging climate conditions and extend product lifetime. For example, new vacuum insulated panels significantly reduce heat transfer, keeping contents within recommended temperature ranges for longer durations as compared to traditional materials. Some companies have also engineered shippers with improved assembly/disassembly mechanisms for reuse that eases costs and environmental impact.

Insights, By Application: Specialized cold chain infrastructure drives the frozen segment

Application segment is sub-segmented into frozen, chilled, ambient. Frozen sub-segment is estimated to hold 41.4% of the market share in 2024 as stringent regulations mandate specialized logistics for medications requiring sub-zero storage and transportation. However, developing robust cold chain infrastructure presented challenges initially especially in emerging pharma hubs. To address this issue, several logistics companies invested in centralized refrigerated warehouses, controlled atmosphere carriers and advanced facility monitoring systems. Courier fleets were upgraded with temperature mapping, GPS tracking and multi-compartment refrigeration, thus, enabling separation of doses with varying freezing requirements.

Insights, By End User: Growing Biotech Sector Catalyzes Demand from Biopharma Companies

End User segment is sub-segmented into biopharmaceutical companies, research institutes, others. Biopharmaceutical companies sub-segment is estimated to hold 54.6% of the market share in 2024, due to rising share of biologics in drug pipelines. While working on novel targets, these companies rely heavily on contract manufacturers and logistics providers for finished drug supply. Given their resource constraints and focus on R&D, outsourcing non-core operations like packaging, storage and transportation helps speed products to market. Experienced temperature-controlled packaging vendors provide compliant, cost-effective solutions tailored to each stage of clinical trials and commercialization. As biologics commercialization grows exponentially, large pharma firms also leverage specialized third-party logistics to ensure seamless supply chain execution worldwide, and this reduces investment risks. Technology alliances further help optimize packaging, refrigeration and monitoring approaches.

Regional Insights

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North America remains the dominant region in the global temperature controlled pharmaceutical containers market and is estimated to hold 41.2% of the market share in 2024. The U.S. accounts for the bulk of the regional market owing to a well-developed pharmaceutical industry and strong healthcare infrastructure. Major pharmaceutical companies have their headquarters located in the U.S. and have an extensive distribution network across North America that requires reliable temperature-controlled packaging solutions. Furthermore, rising healthcare expenditure in the U.S. and growing demand for biologics and specialty drugs has compelled pharmaceutical manufacturers to focus on maintaining an uninterrupted cold chain. This has boosted adoption of temperature controlled pharmaceutical containers in North America.

The Asia Pacific region is poised to be the fastest growing market for temperature controlled pharmaceutical containers during the forecast period. With improved healthcare access and a rapidly expanding middle-class population, the pharmaceutical industry in Asia Pacific countries has witnessed rampant growth. Countries like China, India and South Korea have emerged as global manufacturing hubs for pharmaceuticals and biologics. The increasing exports of medicines from these countries requires robust cold chain management, which is a key factor supporting the market growth. The presence of major global pharmaceutical firms actively engaged in manufacturing and supply in Asia Pacific boosts demand for temperature controlled pharmaceutical containers.

Market Report Scope

Temperature Controlled Pharmaceutical Containers Industry News

• In August 2021, Sonoco ThermoSafe, a unit of Sonoco and the leading global provider of temperature assurance packaging, and Korean Air, one of the world’s largest air cargo carriers, announced a global partnership agreement for the leasing of the new Pegasus ULD temperature-controlled bulk shipping container.
• In March 2021, Cold Chain Technologies, a global provider of reusable and single-use thermal packaging solutions for the shipment of temperature-sensitive material, announced its expansion into Europe, the Middle East, and Africa with the opening of its new regional headquarters based in the Netherlands
• In February 2021, SkyCell, a manufacturer of temperature-controlled hybrid containers for the pharmaceutical company, announced the launch of 1500F container for -20° C pharm transport

*Definition: Temperature controlled pharmaceutical containers consists of pharmaceutical shipping containers and packaging that are designed to maintain temperature-controlled environments for medicines such as vaccines, insulin, biologics, and other drugs requiring strict temperature control during transport. These specialized containers uses various techniques like insulation, gel packs, dry ice, or powered cooling to keep medications within required temperature ranges to ensure their efficacy and safety during distribution through global supply chains.

Market Segmentation

• Product Type Insights (Revenue, USD Bn, 2019 - 2031)
  • Insulated Shippers
  • Insulated Containers
  • Others
•  Control Type Insights (Revenue, USD Bn, 2019 - 2031)
  • Active
  • Passive
•  Application Insights (Revenue, USD Bn, 2019 - 2031)
  • Frozen
  • Chilled
  • Ambient
•  End User Insights (Revenue, USD Bn, 2019 - 2031)
  • Biopharmaceutical Companies
  • Research Institutes
  • Others
• Regional Insights (Revenue, USD Bn, 2019 - 2031)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • Cold Chain Technologies
  • Va-Q-Tec AG
  • Pelican BioThermal Limited
  • SOFRIGAM GROUP
  • Sonoco 
  • Inmark Packaging
  • Snyder Industries
  • ACH Foam Technologies, LLC
  • Cryopak Industries Inc.
  • Saeplast
  • Exeltainer 
  • OMEGA Engineering
  • Envirotainer Ltd
  • Klinge Corporation
  • American Aerogel Corporation