Global Passive Temperature-Controlled Packaging Solutions Market Size study, by Product Type (Insulated Shipper, Insulated Containers, Others) by Application (Frozen, Chilled, Ambient) by end use industries (foods & beverages, Pharmaceutical, others) and

Global Passive Temperature-Controlled Packaging Solutions Market Size study, by Product Type (Insulated Shipper, Insulated Containers, Others) by Application (Frozen, Chilled, Ambient) by end use industries (foods & beverages, Pharmaceutical, others) and Regional Forecasts 2022-2028Global Passive Temperature-Controlled Packaging Solutions Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Passive temperature-controlled packaging solutions are insulated boxes or containers without any active temperature control. Passive packaging makes no adjustments according to ambient temperatures. Passive packaging solutions do not use heating or cooling systems to alter the temperature instead they use insulation mediums to limit the temperature change of the packaged products. Growing Pharmaceuticals industry and rising technological advancements and new product launches from leading market players are key drivers for the growth of Passive Temperature-Controlled Packaging Solutions market. For instance, according to global database Management Company Statista- as of 2020, the worldwide pharmaceutical market was valued at approximately USD 1.16 trillion and sales of pharmaceuticals in the United States generated over USD 530 billion. In recent events in December 2021, Tower Cold Chain, an UK based Packaging and Container company has launched its new passive temperature control system, KTM42D, is a reusable double-pallet temperature-controlled packaging container for the transportation and storage of perishable products to be maintained in range of -80˚C to -60˚C. Also, with rapid urbanization and rising cross border trade in post covid era, the adoption & demand for Passive Temperature-Controlled Packaging Solutions is likely to increase the market growth during the forecast period. However, high cost of Passive Temperature-Controlled Packaging Solutions and disruption in global supply chain due to lockdown restrictions impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Passive Temperature-Controlled Packaging Solutions Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of well-established pharmaceutical industry and growing technological advancements in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing food and beverages industry in the region would create lucrative growth prospects for the Passive Temperature-Controlled Packaging Solutions Market across Asia-Pacific region.

Major market player included in this report are:
Sonoco Product Company
Snyder Industries Inc.
ACH Foam Technologies, LLC
Cold Chain Technologies
Cryopak Industries Inc.
Sofrigam SA Ltd.
Pelican Biothermal
Va-Q-tec AG
Saeplast Americas Inc.
Inmark Packaging LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Insulated Shipper
Insulated Containers
Others
By Application:
Frozen
Chilled
Ambient
By End Use Industries:
foods & beverages
Pharmaceutical
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Passive Temperature-Controlled Packaging Solutions Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Sonoco Product Company
Snyder Industries Inc.
ACH Foam Technologies, LLC
Cold Chain Technologies
Cryopak Industries Inc.
Sofrigam SA Ltd.
Pelican Biothermal
Va-Q-tec AG
Saeplast Americas Inc.
Inmark Packaging LLC