Global Temperature Controlled Packaging Solutions Market to Reach $227.2 Billion by 2030
The global market for Temperature Controlled Packaging Solutions estimated at US$67 Billion in the year 2023, is expected to reach US$227.2 Billion by 2030, growing at a CAGR of 19.1% over the period 2023-2030. Insulated Shippers, one of the segments analyzed in the report, is expected to record 19.8% CAGR and reach US$145 Billion by the end of the analysis period. Growth in the Insulated Containers segment is estimated at 17.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $20.7 Billion, While China is Forecast to Grow at 18.1% CAGR
The Temperature Controlled Packaging Solutions market in the U.S. is estimated at US$20.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$38.1 Billion by the year 2030 trailing a CAGR of 18.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17% and 16.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 13.9% CAGR.
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