Temperature Controlled Packaging Solutions Market
Visiongain has published a new report entitled Temperature Controlled Packaging Solutions Market Report 2024-2034: Forecasts by Type (Active Systems, Passive Systems), by Product (Insulated Container, Insulated Shipper, Refrigerants), by End-users (Pharmaceuticals, Food & Beverages, Others) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies.
The global temperature controlled packaging solutions market is estimated at US$38.4 billion in 2024 and is projected to grow at a CAGR of 14.6% during the forecast period 2024-2034.
Rising Demand for Temperature-Controlled Packaging Driven by Frozen Foods, Biopharmaceuticals, and Stricter FDA Regulations
The temperature-controlled packaging solutions industry is experiencing significant growth, driven by increasing demand for frozen foods and biopharmaceuticals, particularly vaccines and enzymes that require strict temperature management. In the U.S., stringent FDA regulations on food and beverage exports mandate temperature-controlled packaging to ensure food safety and product integrity, especially for key exports such as soybean oil and fruits to major trade partners.
The expanding pharmaceutical sector, with a growing focus on biopharmaceuticals like vaccines and personalized medicines, is also contributing to this demand. The COVID-19 pandemic has further accelerated the need for specialized cold chain logistics, particularly for vaccines requiring ultra-low storage temperatures.
How will this Report Benefit you?
Visiongain’s 371-page report provides 121 tables and 158 charts/graphs. Our new study is suitable for anyone requiring commercial, in-depth analyses for the temperature controlled packaging solutions market, along with detailed segment analysis in the market. Our new study will help you evaluate the overall global and regional market for Temperature Controlled Packaging Solutions. Get financial analysis of the overall market and different segments including type, process, upstream, downstream, and company size and capture higher market share. We believe that there are strong opportunities in this fast-growing temperature controlled packaging solutions market. See how to use the existing and upcoming opportunities in this market to gain revenue benefits in the near future. Moreover, the report will help you to improve your strategic decision-making, allowing you to frame growth strategies, reinforce the analysis of other market players, and maximise the productivity of the company.
What are the Current Market Drivers?
Increasing Demand for Reusable Containers Due to Lower Environmental Impact Helping Companies to Become More Sustainable
The temperature-controlled packaging solutions market is undergoing a significant transformation, driven by the rising demand for reusable containers. This shift reflects more than just a passing trend; it represents a growing commitment to sustainability and environmental responsibility within the packaging industry. As sectors like biopharmaceuticals, food, and logistics grapple with the challenges posed by single-use packaging waste, reusable containers are emerging as a strategic solution that balances economic viability with environmental stewardship.
Traditionally, the temperature-controlled packaging market has relied heavily on single-use containers, vital for maintaining the integrity of sensitive products such as vaccines, pharmaceuticals, and perishable foods. However, the environmental impact of this dependence is becoming increasingly clear. Single-use packaging contributes significantly to plastic waste, much of which ends up in landfills or oceans, worsening pollution levels.
Growing E-commerce and Home Delivery Services
The rapid growth of e-commerce and home delivery services has become a key driver for the temperature-controlled packaging solutions market. With consumers increasingly opting for the convenience of ordering perishable goods—such as groceries, meal kits, and pharmaceuticals—online, the demand for effective temperature-controlled packaging has surged to ensure product safety and quality throughout transit.
This trend is particularly evident in food delivery and pharmaceutical e-commerce, where maintaining the integrity of temperature-sensitive items is critical. Companies are now investing in advanced packaging technologies designed to keep products within precise temperature ranges during shipment, thereby preventing spoilage or degradation.
For instance, meal kit delivery services rely on fresh ingredients that must remain cold to preserve their quality. Temperature-controlled packaging solutions, like insulated containers and gel packs, help ensure these perishable items arrive at consumers’ doorsteps in perfect condition. Additionally, the growing demand for same-day delivery has prompted companies to adopt efficient packaging solutions that not only maintain temperature but also streamline logistics.
As the e-commerce sector continues its rapid expansion, the need for innovative, reliable temperature-controlled packaging solutions is expected to grow, offering companies opportunities to create specialized products tailored to this dynamic market.
Where are the Market Opportunities?
Technological Advancements in Packaging Solutions
The temperature-controlled packaging solutions market stands to benefit significantly from ongoing technological advancements. Innovations such as smart packaging, which incorporates sensors and IoT connectivity, offer opportunities to enhance temperature monitoring and control throughout the supply chain.
Smart packaging solutions can provide real-time data on temperature fluctuations, humidity levels, and even the location of the shipment. This not only ensures that products are maintained within the required temperature range but also enables companies to take proactive measures in case of potential temperature excursions. For example, if a sensor detects a rise in temperature during transit, stakeholders can be alerted to investigate and mitigate any risks before the product reaches the end user.
Additionally, advancements in insulation materials and refrigerants are creating more efficient and sustainable packaging options. Companies that invest in research and development to create lightweight, durable, and eco-friendly packaging solutions can differentiate themselves in a competitive market, meeting both consumer demand and regulatory requirements.
Expansion into Emerging Markets
Another significant opportunity for the temperature-controlled packaging solutions market lies in the expansion into emerging markets. As economies in regions such as Asia-Pacific, Latin America, and Africa continue to grow, there is an increasing demand for temperature-sensitive products, particularly in the food and pharmaceutical sectors.
Emerging markets often face challenges related to the existing cold chain infrastructure, but the rising demand for perishable goods, coupled with growing urbanization and consumer purchasing power, presents a ripe opportunity for companies in the temperature-controlled packaging sector.
For instance, as the pharmaceutical industry expands in countries like India and China, there is a pressing need for effective temperature-controlled solutions for vaccines and biopharmaceuticals. Companies that can tailor their packaging solutions to meet the specific needs of these markets—such as affordability, accessibility, and compliance with local regulations—can establish a strong foothold and drive growth.
By leveraging local partnerships and understanding regional logistics challenges, companies can create customized temperature-controlled packaging solutions that cater to the unique demands of these emerging markets, further enhancing their market presence and profitability.
Competitive Landscape
The major players operating in the temperature controlled packaging solutions market are Aeris Dynamics Pte Ltd., AmerisourceBergen Corporation, APEX Packaging Corporation, Cold Chain Technologies, Cryopak, CSafe, DHL Express, DGR Packaging & Supply Pte Ltd., EMBALL’ISO, Envirotainer AB, Inbox Solutions, Inmark, Intelsius, Nordic Cold Chain Solutions, PCI Pharma Services (PCI), Peli BioThermal Limited, Marken (A UPS Company), Sealed Air, Sofrigam, Sonoco ThermoSafe, TPC Packaging Solutions, va-Q-tec Thermal Solutions GmbH. These major players operating in this market have adopted various strategies comprising M&A, investment in R&D, collaborations, partnerships, regional business expansion, and new product launch.
Recent Developments
- On 29th July 2024, CSafe, the provider of active and passive temperature-controlled shipping solutions for the pharmaceutical industry, launched a new reusable pallet shipper – the Silverpod MAX RE – with a host of updated features. The new and improved product will help pharmaceutical customers around the world save on disposal costs, meet their sustainability targets and improve logistical transparency during the shipping journey.
- On 24th June 2024, KPS Capital Partners, LP (“KPS”) entered into an agreement for its portfolio company, Eviosys, to be sold to Sonoco ThermoSafe for approximately US$3.9 billion.
- On 2nd March 2023, Peli BioThermal recently expanded its reusable Crēdo™ shipper range to include five new Crēdo Cube™ Dry Ice shippers. By utilizing tried and tested VIP (Vacuum Insulation Panels) technology pioneered by Crēdo Cube shippers, dry ice sublimation is minimized, while ensuring correct temperature control at all phases of distribution. Additionally, Crēdo Cube’s excellent payload to volume ratio means less dry ice is required, which helps lower operation and transport costs.
Notes for Editors
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