Temperature-controlled packaging solutions are extensively used by pharmaceuticals industry for transportation of drugs and other products, which are sensitive to temperature. Drugs with lower shelf-life requires specific temperature conditions during their storage and distribution. Temperature-controlled packaging solutions helps in mitigation of these risks and maintain product quality in adverse external environmental conditions.
Market Dynamics
The global temperature-controlled packaging solutions for pharmaceuticals market has witnessed an increase of demand in recent few years, owing to the rising growth of pharmaceuticals industry in emerging economies. Pharmaceuticals companies are encouraging the usage of temperature-controlled packaging solutions as they provide better performance than conventional insulating materials by reducing the weight and volume of the cold source required and maintaining the thermal conditions according to the requirements.
Government and international organisations are focused to implementation of better temperature-controlling supply chain for pharmaceutical products. Various programs and initiatives started to monitor the wastage of temperature-sensitive drugs and vaccines. The global demand for critical vaccines is expected to grow substantially in forthcoming years, which is expected to boost the demand for temperature-controlled packaging solutions in pharmaceuticals services.
Key features of the study:
- This report provides in-depth analysis of global temperature-controlled packaging solutions for pharmaceuticals market size (US$ Billion), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global temperature-controlled packaging solutions for pharmaceuticals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study includes Neptune Biotech Pvt. Ltd., Aker BioMarine AS, Enzymotec Ltd, Fuji Chemicals, Krill Canada, Rimfrost, Norwegian Fish Oil, Darduck Frd and Quingdao Kangjing Marine Biotechnology Co. Ltd.
- Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global temperature-controlled packaging solutions for pharmaceuticals market report caters to various stakeholders in this industry including investors, suppliers, global temperature-controlled packaging solutions for pharmaceuticals manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global temperature-controlled packaging solutions for pharmaceuticals market
Detailed Segmentation:
- Global Temperature-controlled Packaging Solutions for Pharmaceuticals Market, By Product Type:
- Insulated Shippers
- Panels and Envelopes
- EPS Foam Container
- Fiberboard
- Polyurethane (PUR)
- Insulated Protective Shippers
- Insulated Containers
- Chest Style
- Upright Style
- Others (refrigerants, gel, icepacks, and phase change materials)
- Global Temperature-controlled Packaging Solutions for Pharmaceuticals Market, By Application:
- Global Temperature-controlled Packaging Solutions for Pharmaceuticals Market, By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Sonoco Products Company
- Pelican Biothermal
- Sofrigam SA Ltd.
- Cryopak
- Cold Chain Technologies
- Envirotainer Ltd.
- va-Q-tec AG
- Inmark Packaging
- American Aerogel Corporation