The Reports and Insights, a leading market research company, has recently releases report titled “Passive Temperature-Controlled Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Passive Temperature-Controlled Packaging Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Passive Temperature-Controlled Packaging Market?
The global passive temperature-controlled packaging market size reached US$ 12.0 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 24.8 billion in 2032, exhibiting a growth rate (CAGR) of 8.4% during 2024-2032.
What are Passive Temperature-Controlled Packaging?
Passive temperature-controlled packaging describes packaging solutions that can uphold a particular temperature range for products sensitive to temperature changes, without requiring external power sources. These packages commonly utilize insulation materials and phase change materials to manage temperature fluctuations during shipping and storage. Passive temperature-controlled packaging is frequently employed for pharmaceuticals, biologics, and food items that demand precise temperature control to preserve their effectiveness and quality.
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What are the growth prospects and trends in the Passive Temperature-Controlled Packaging industry?
The passive temperature-controlled packaging market growth is driven by various factors and trends. The market for passive temperature-controlled packaging is expanding, driven by the rising need for maintaining the quality of temperature-sensitive goods in industries such as pharmaceuticals, biologics, and food. Effective packaging solutions are crucial for preserving product integrity during transit and storage. Growth in the market is further propelled by advancements in insulation and phase change materials, which enable precise temperature regulation without relying on external power. Additionally, strict regulations surrounding the transportation of temperature-sensitive products are encouraging the adoption of passive temperature-controlled packaging solutions. Hence, all these factors contribute to passive temperature-controlled packaging market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type:
- Insulated Shippers
- Envelops Panels
- EPS
- PUR
- VIP
- Others
- Insulated Containers
- Chest
- Upright
- Refrigerants
- Others
By Application:
- Frozen
- Chilled
- Ambient
By End-Use:
- Pharmaceuticals
- Food & Beverage
- Others
By Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Poland
- Benelux
- Nordic
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- ASEAN
- Australia New Zealand
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Argentina
Middle East & Africa
- Saudi Arabia
- South Africa
- United Arab Emirates
- Israel
- Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
- Sonoco Products Company
- Cold Chain Technologies
- Cryopak Industries Inc.
- Sofrigam SA Ltd.
- Pelican Biothermal
- Va-Q-tec AG
- Inmark Packaging LLC
- Tower Cold Chain Solutions
- Tempack Packaging Solutions
- EcoCool GmbH
- Intelsius
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