Wilmington, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Global Temperature-Controlled Packaging Solutions Market value is estimated at US$ 12.4 billion in 2023 and is expected to grow at a significant CAGR of over 11.2% over the forecast period of 2023-2030, according to the latest market report by RationalStat
Market Definition, Market Scope, and Report Overview
The market is driven by the increasing demand for fresh and frozen food, the growing pharmaceutical and biologics industry, and the expansion of e-commerce. Consumers are becoming more aware of the health benefits of fresh and frozen food, and they are willing to pay a premium for these products. This is leading to a growing demand for temperature-controlled packaging solutions that can ensure the freshness and safety of food products during transportation and storage.
Furthermore, the growing pharmaceutical and biologics industry is another major driver of the global temperature-controlled packaging solutions market. Pharmaceutical and biologics products are often temperature-sensitive, and they require specialized packaging solutions to maintain their potency and efficacy. This is leading to a growing demand for temperature-controlled packaging solutions in the pharmaceutical and biologics industries.
- According to a deep-dive market assessment by RationalStat, the global temperature-controlled packaging solutions market has been analyzed on the basis of market segments, including type, crop type, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global temperature-controlled packaging solutions market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global temperature-controlled packaging solutions market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Temperature-Controlled Packaging Solutions Market: Segmental and Market Share Analysis
- On the basis of type, the active system segment is dominating the global temperature-controlled packaging solutions market. Active systems are able to maintain precise temperature control throughout the entire supply chain. This is important for temperature-sensitive products that require a specific temperature range to be maintained.
- Based on product, the insulated shipper’s segment is expected to dominate the global temperature-controlled packaging solutions market. Insulated shippers are versatile and can be used to transport a wide range of temperature-sensitive products.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 12.4 billion |
| Market Size Forecast | US$ 26.2 billion |
| Growth Rate | 11.2% |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global temperature-controlled packaging solutions market include,
- In December 2021, CSafe Global announced the acquisition of Softbox Systems to create the global leader in temperature-controlled shipping solutions
Some of the prominent players and suppliers operating and contributing significantly to the global temperature-controlled packaging solutions market growth include Sonoco Products Company, Pelican BioThermal LL, Cold Chain Technologies LLC, DHL International GmbH, FedEx Corporation, AmerisourceBergen Corporation, Softbox Systems Ltd, Sofrigam SA Ltd, va-Q-tec AG, and Envirotainer AB, among others.
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RationalStat has segmented the global temperature-controlled packaging solutions market based on type, product usability, product, revenue type, end use, and region
- Global Temperature-Controlled Packaging Solutions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
- Active System
- Passive System
- Global Temperature-Controlled Packaging Solutions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Product
- Insulated Shippers
- Insulated Containers
- Refrigerants
- Global Temperature-Controlled Packaging Solutions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Product Usability
- Single
- Reuse
- Global Temperature-Controlled Packaging Solutions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Revenue Type
- Product
- Service
- Global Temperature-Controlled Packaging Solutions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End Use
- Pharmaceutical
- Bio-Pharmaceuticals
- Global Temperature-Controlled Packaging Solutions Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Temperature-Controlled Packaging Solutions Market
- US
- Canada
- Latin America Temperature-Controlled Packaging Solutions Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Temperature-Controlled Packaging Solutions Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Temperature-Controlled Packaging Solutions Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Temperature-Controlled Packaging Solutions Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Temperature-Controlled Packaging Solutions Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Temperature-Controlled Packaging Solutions Market
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Key Questions Answered in the Temperature-Controlled Packaging Solutions Report:
- What will be the market value of the global temperature-controlled packaging solutions market by 2030?
- What is the market size of the global temperature-controlled packaging solutions market?
- What are the market drivers of the global temperature-controlled packaging solutions market?
- What are the key trends in the global temperature-controlled packaging solutions market?
- Which is the leading region in the global temperature-controlled packaging solutions market?
- What are the major companies operating in the global temperature-controlled packaging solutions market?
- What are the market shares by key segments in the global temperature-controlled packaging solutions market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
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