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Temperature Controlled Packaging Solutions Market by Type, Product, End-Use Industry And Region - Global Forecast to 2021

Temperature Controlled Packaging Solutions Market: Global Forecast until 2021

  • February 2017
  • 161 pages
  • ID: 4751619
In this report:
The healthcare end-use industry segment of the global temperature controlled packaging solutions market is projected to grow from USD ##.## billion in 2015 to USD ##.## billion by 2021, at the highest CAGR of ##.##% during the forecast period.
The other end-use industries segment of the global temperature controlled packaging solutions market was valued at USD ##.## million in 2016 and it is projected to reach USD ##,##.## million by 2021, at a CAGR of ##.##% during the forecast period.

Summary

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Temperature controlled packaging solutions market is estimated to rise at a compound annual growth rate of 9.70 percent

The temperature controlled packaging solutions market is estimated to grow ~$11.8B by 2021, at a compound annual growth rate of 9.70 percent from 2016 to 2021. Increase in the pharmaceuticals market is helping create a demand for temperature controlled packaging solutions. However stringent rules & regulations formulated by government agencies are anticipated to restrain the temperature controlled packaging solutions market.

Active systems segment to register the more important rise in the temperature controlled packaging solutions market

Active temperature controlled packaging solutions are insulated containers which encompass a dedicated refrigeration unit installed onboard. These systems are of two types, systems with only cooling function and systems with both cooling and heating functions. As these containers are offered on lease, firms worldwide are increasingly adopting active temperature controlled packaging systems, which, in turn, is driving the increase of this segment.

Insulated containers segment to register the more considerable rise in the temperature controlled packaging solutions market

By product, the insulated containers segment is anticipated to rise at the maximal CAGR (Compound annual growth rate) during the outlook period owing to growing demand for active insulated containers for big shipments. Insulated containers are used in applications that involve a long transit time. Rising use of insulated containers, which encompass an onboard refrigeration system, in the healthcare sector is driving the increase of the insulated containers product segment.

Healthcare segment to register the more important rise in the temperature controlled packaging solutions market

Temperature controlled packaging systems help in the storage of medicines, syringes, and drugs at a constant temperature. As the packaging of pharmaceutical products is a very tedious process, the drug needs to be processed and packaged in a temperature controlled environment that needs to be maintained till the product reaches its final destination. The food & beverages market is the biggest end-use sector of the temperature controlled packaging solutions market

The temperature controlled packaging solutions market in the Asia-Pac region is expected to rise at the maximal compound annual growth rate (CAGR) during the estimate period

The Asia-Pacific temperature controlled packaging solutions market is expected to grow at the highest CAGR (Compound annual growth rate) from 2016 to 2021. The growth in demand for insulated packaging materials, especially from the healthcare market, is propelling the increase of the temperature controlled packaging solutions market in the Asia Pacific (APAC) area. China (CN) and Japan (JP) are the two main countries which are anticipated to register the highest compound annual growth rate (CAGR) during the outlook period.

BREAKDOWN OF PROFILE OF PRIMARY PARTICIPANTS:

• By Company category: Tier 1 - 33 %, Tier 2 - 50.0 percent, and Tier 3 - 17.0 percent

• By Description: C-suite - 58.0 percent, D-level - 25.0 percent, and Others - 17.0 percent

• By Area: Europe (EU) - 34.0 percent, North America (NA) - 25.0 percent, , APAC - 25.0 percent, Middle East region & African continent - 8.0 percent, and Latin America area - 8%.

Main firms decribed in this market report contain Pelican BioThermal LLC, Sonoco Products Company, Cold Chain Technologies, Incorporated, FedEx Corp., AmerisourceBergen Corp., and Deutsche Post AG.

Segment Research

This business report affords an overview of the market trends, drivers, and barriers with respect to the temperature controlled packaging solutions market. It also offers a exhaustive overview of the market across five regions, that is, Asia-Pac, North America continent, EU, Middle East area & African continent, and Latin America area. The analysis classifies the temperature controlled packaging solutions market based on type, product, end-use sector, and area. An in-depth study of the leading actors, together with the top increase strategies approved by them is also covered in the market research.

Why Purchasing This Study Can Help You:

This industry report includes the following main aspects:

• The market size by 2021, and the increase rate from 2016 to 2021

• The top market trends

• The factors projected to drive the increase of the market

• The barriers that impact industry growth

• The main actors in this sector

• The overall temperature controlled packaging solutions market report includes key regions, like North America, Europe (EU), and Asia Pacific (APAC), Middle East (ME) & African continent, and Latin America area containing main countries in these areas, including the U.S., China (CN), South Korea (KR), India (IN), and Germany (DE).

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