Global Temperature Controlled Packaging Solutions Market Analysis 2022
The Global Temperature Controlled Packaging Solutions Market is expected to reach $22.13 billion by 2028 growing at a CAGR of 10.1% from 2021 to 2028. Temperature-controlled packaging solutions are widely utilized as they enable the transportation of any size of the temperature sensitive shipment. Passive temperature-controlled packaging solution allows bulk shipping with lesser cost. Major types of the thermal packaging solutions available in order to pack the heat sensitive products include active/dynamic and passive/static packaging solutions.
Factors such as rising usage of advanced insulation materials, increase in biopharmaceuticals due to pandemic, and growing adoption of digitization to help companies decrease manual checks are driving the growth of the market. However, presence of stringent regulations and lack of infrastructure for temperature-sensitive shipment are restraining the growth of the market.
Based on type, the active systems segment is going to have a lucrative growth during the forecast period which can be attributed to the growing transportation of bulk volume payload of temperature-sensitive pharmaceutical products. The active system is an expensive option and provides a stable temperature for long-distance shipment. The system can efficiently manage the delay caused in the supply chain. There is less possibility of temperature excursion with the availability of a power source. Active containers have active temperature control and the temperature inside the container is maintained at a specific temperature range with electric cooling or with the help of dry ice. The temperature accuracy provided by the active system is highest compared to the passive system.
The key vendors mentioned are EcoCool GmbH, Exeltainer SL, GEBHARDT Logistic Solutions GmbH, American Aerogel Corporation, Cold Chain Technologies, Cryopak Industries Inc, DGP Intelsius Ltd, Sofrigam SA Ltd, Softbox Systems Ltd, Sonoco Products Company, Tempack Packaging Solutions S.L, TKT GmbH, Inmark, LLC, NanoCool, Pelican BioThermal LLC, Saeplast Americas Inc, Snyder Industries Inc, va-Q-tec AG, and ACH Foam Technologies, LLC.
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