Temperature Controlled Packaging Solutions Market Key Factors, Trends & Analysis
Posted by Supriya Kokate on August 25th, 2021
The global Temperature Controlled Packaging Solutions Market is expected to reach USD 21.36 Billion by 2028, according to a new report by Reports and Data. This is mainly contributed by the growth of canned and packaged food in the food and beverage industry. Increasing disposable income and increasing purchasing power, as well as the emerging wastage control of food and medicines, will drive the growth of the market. Moreover, increasing trade of frozen food and drugs internationally, which require constant temperature control, will also fuel the growth of the market.
Temperature controlled packaging solutions are ideal for the transport of heat sensitive products in extreme conditions, such as through prolonged periods and intense heat. They provide the end users with higher performance, more efficiency than other insulating materials, better temperature maintenance, and a reduced thickness on the sides, which reduces the volume and weight of the cold source used. However, the volatile costs of raw materials, as well as high initial investment and maintenance costs, are expected to restrain the growth of the market.
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Key participants include Sonoco Products Company, Pelican BioThermal LLC, FedEx Corp, Cold Chain Technologies, Deutsche Post AG (DHL), AmerisourceBergen Corp, ACH Foam Technologies, Sofrigram SA Ltd, Testo SE & Co, Tempack and Cropak, WIKA Alexander Wiegand SE & Co, OMEGA Engineering, KIMO, Olympus Corporation, SKF, and ILLIG Maschinenbau GmbH & Co, among others.
Further key findings from the report suggest
For the purpose of this report, Reports and Data have segmented global Global Temperature Controlled Packaging Solutions Market on the basis of product, type, services type, end user, and region:
Products Outlook (Revenue, USD Billion; 2020-2028)
Type Outlook (Revenue, USD Billion; 2020-2028)
Services type Outlook (Revenue, USD Billion; 2020-2028)
End users Outlook (Revenue, USD Billion; 2020-2028)
Regional Outlook (Revenue, USD Billion; 2020-2028)
Table Of content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Global Temperature Controlled Packaging Solutions Market Segmentation & Impact Analysis
4.1. Global Temperature Controlled Packaging Solutions Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
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About the AuthorSupriya Kokate
Joined: January 23rd, 2019
Articles Posted: 588
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