Passive Temperature Controlled Packaging Solutions Market

2019 Analysis and Review of Passive Temperature Controlled Packaging Solutions Market by Product - Insulated Container and Insulated Shipper for 2019 - 2029

  • 2020-01-08
  • REP-GB-5073
  • 32 Tables
  • 92 Figures
  • 176 pages
  • PDF PPT EXCEL
Passive Temperature Controlled Packaging Solutions Market
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Passive Temperature-controlled Packaging Solutions Market to Cross US$ 20 Bn Mark in 2029

Preferred for their economical nature and effective packaging capabilities in temperature-controlled shipping environments, passive temperature-controlled packaging solutions continue to garner traction at a significant rate. This study expects the global passive temperature-controlled packaging solutions market to surpass revenues worth US$ 20 Bn in 2029, witnessing an impressive CAGR during 2019 - 2029. Reduced in-transit damage and unmatched flexibility would remain the USPs of passive temperature-controlled packaging solutions such as insulated shippers and containers. Third-party logistics (3PL) service providers are widely adopting passive temperature-controlled packaging solutions to limit exposure of products to high or low temperatures.

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FREQUENTLY ASKED QUESTIONS ABOUT Passive Temperature Controlled Packaging Solutions Market

Which factors are at the forefront of generating demand for passive temperature-controlled packaging solutions?

Solid expanse of pharmaceutical industry and the ever-growing perishable food sector would be the key growth drivers associated with the passive temperature-controlled packaging solutions market. Gradual growth of this industry in developing regions will present opportunity to globally leading providers of passive temperature-controlled packaging solutions.

What course of growth will the adoption of these packaging solutions observe in pharma industry?

Passive temperature-controlled packaging has been a preferred economical and effective solution for shipping of pharmaceutical products. Increasing need for cost-effective shipping of vaccines, particularly to remote geographies, offers a prominent push to market growth.

Which regional markets will display above-average growth potential for manufacturers of passive temperature-controlled packaging providers?

Latin America and Asia Pacific excluding Japan (APEJ) are set to emerge as highly attractive regions in the passive temperature-controlled packaging solutions market. The latter is particularly projected to clock a CAGR of more than 10% during 2019 – 2029.

How is rising adoption of rental packaging solutions impacting overall demand for passive temperature-controlled packaging solutions?

There has been rising preference for cost-effective passive temperature-controlled shippers or containers. Many logistics and packaging companies are providing rental services for shipping temperature-sensitive products so as to reduce the overall shipping costs and overcome maintenance challenges incurred in their handling.

Which strategies would key market players adopt for competitive edge?

Leaders in passive temperature-controlled packaging solutions market such as Sonoco Products Inc., GEBHARDT Logistic Solutions GmbH, and ACH Foam Technologies, LLC are focusing on supply and distribution partnerships for regional stronghold. New product developments will also remain a priority.

VIP Insulated Shippers Emerging Attractive in Market

Although insulated containers remain the preferred passive temperature-controlled packaging solution with over 3/5th of total sales, the preference for insulated shipper has also been increasing over the recent past. Towards 2019 end, the latter will outpace former in terms of rate of demand growth. Expanded polystyrene (EPS) based shippers will remain top selling, followed by polyurethane (PUR) based counterparts. Though these variants are superior in terms of heat conductivity and temperature sensitivity for pharmaceutical products, the market will witness strong emergence of vacuum insulated panel (VIP) shippers. These shippers are gaining popularity as an advanced packaging solution, attributing to their compactness, lighter weight, reduced distribution costs, and optimum temperature ranges and refrigerant requirements.

Expanding Cold Chain Brings in Opportunities to Developing Markets

The passive temperature-controlled packaging solutions market in North America and Europe captures around 45% of market value share, majorly driven by the food and pharmaceutical industries. On the other hand, developing regional markets such as Asia Pacific excluding Japan (APEJ) and Latin America would exhibit higher, double-digit CAGRs during latter half of forecast period. This high growth potential is owing to the exploding demand for pharmaceutical products, frozen foods, and perishable foods such as meat, seafood, and dairy products.

* This data is only a representation. Actual data may vary and will be available in report.

Expanding Cold Chain Brings in Opportunities to Developing Markets
Expanding Cold Chain Brings in Opportunities to Developing Markets
Expanding Cold Chain Brings in Opportunities to Developing Markets
Expanding Cold Chain Brings in Opportunities to Developing Markets
  • 2014
  • 2018
  • 2022
  • 2029
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New Product Developments Trending Competition Landscape

Leading providers of passive temperature-controlled packaging solutions are augmenting their investments in new launches in an effort to gain competitive advantage. Recently in 2019, Cryopak released a new version of Mirador Express: 1.2.0 that is capable of delivering real-time temperature monitoring. The special feature is easy-to-use and safe methods for storing and calculating data. Earlier in 2018, Cold Chain Technologies (CCT), a leading provider of temperature-controlled delivery systems, launched the industry’s first integrated phase change material (PCM) pallet cover device- KoolTemp® GTS Enshield.

Insulated container accounts for over 60% of total sales

Insulated shipper to witness robust growth in demand

 

Significant application inchilled category

Application in frozen sector to accelerate

 

F&B remains top end-use industry

Adoption by pharma industry growing at rapid pace

 

How Growth will Unfold

Chilled sector currently holds more than 50% of revenues through demand for passive temperature-controlled packaging solutions, globally. However, there are strong indications that the noteworthy expansion of cold chain sector, rapid demand growth of rare disease drugs and other specialty pharmaceuticals, and flourishing market prospects of perishable F&B sector will push application of these packaging solutions in the frozen sector. Meat and dairy products, fresh produce, and soft fruits will particularly fuel demand for passive temperature-controlled packaging solutions in frozen category through 2029.

Passive Temperature-Controlled Packaging Solutions Market Analysis, by Application

* This data is only a representation. Actual data may vary and will be available in report.

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Overview

Passive Temperature-controlled Packaging Solutions Market Analysis 2019 - 2029

A recent market study published by Future Market Insights, “Passive Temperature-controlled Packaging Solutions Market: Global Industry Analysis 2014 - 2018 and Opportunity Assessment 2019 - 2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on historical as well as current growth parameters of the passive temperature-controlled packaging solutions market, growth prospects of the market are obtained with maximum precision.

Passive Temperature Controlled Packaging Solutions Market Taxonomy

The global passive temperature-controlled packaging solutions market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product

  • Insulated Shipper
    • Envelops & Panels
    • EPS
    • PUR
    • VIP
    • Others
  • Insulated Container
    • Chest
    • Upright
  • Others

Application

  • Frozen
  • Chilled
  • Ambient

End-use Industry

  • Pharmaceuticals
  • Food & Beverages
  • Others

Region

  • North America
  • Latin America
  • APEJ
  • Western Europe
  • Eastern Europe
  • Middle East & Africa
  • Japan

What's Included

The report commences with the executive summary of the passive temperature-controlled packaging solutions market, which includes a summary of key findings and statistics of the market. It also includes prominent segments in the global market, along with key facts about passive temperature-controlled packaging solutions. It also includes graphical representation of segments according to market size and growth rate.

Readers can find detailed segmentation and definition of the passive temperature-controlled packaging solutions market in this chapter, which will help them understand the basic information about passive temperature-controlled packaging solutions present in the market. This section also highlights inclusions and exclusions, which help readers understand the scope of the passive temperature-controlled packaging solutions market report.

The report provides key market trends that are expected to impact market growth significantly in the coming years. Detailed industry trends are provided in this section, along with key market developments or product innovations, which are likely to have significant impact on the passive temperature-controlled packaging solutions market.

This section explains the global market value & volume analysis and forecast for the passive temperature-controlled packaging solutions market during the forecast period of 2019-2029. It includes detailed analysis of the historical passive temperature-controlled packaging solutions market, along with an opportunity analysis of the future. Readers can also find the absolute opportunity for the current year (2019–2020), and an incremental opportunity for the forecast period (2019–2029).

This section highlights the average pricing analysis of various thicknesses of passive temperature-controlled packaging solutions in different regions across the globe. The weighted average pricing at the manufacturer level is also analyzed in this section.

This chapter explains key macroeconomic factors that are expected to influence the growth of the passive temperature-controlled packaging solutions market during the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis, along with key market dynamics, which include drivers and restraints. Moreover, readers will understand key trends followed by leading manufacturers in the passive temperature-controlled packaging solutions market. This section also covers Porter’s analysis as well as the PESTLE analysis for the global passive temperature-controlled packaging solutions market.

Based on product, the passive temperature-controlled packaging solutions market is segmented into insulated shipper, insulated container, and others. The insulated shipper segment is further sub-segmented into envelops & panels, EPS, PUR, VIP, and others. The insulated containers segment is further sub-segmented into chest and upright. In this chapter, readers can find information about key attractive segments during the forecast period.

Based on application, the passive temperature-controlled packaging solutions market is segmented into frozen, chilled, and ambient. In this chapter, readers can find information about key segments during the forecast period.

This chapter provides details about the passive temperature-controlled packaging solutions market on the basis of end-use industry, and has been classified into pharmaceuticals, food & beverages, and others.

This chapter explains how the passive temperature-controlled packaging solutions market is expected to grow across various geographical regions such as North America, Latin America, APEJ, Western Europe, Eastern Europe, the Middle East & Africa, and Japan.

This chapter includes a detailed analysis of the growth of the North American passive temperature-controlled packaging solutions market, along with a country-wise assessment that includes the U.S. and Canada. Readers will also find some of key points on the basis of estimated market size and consumption of passive temperature-controlled packaging solutions.

Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting the growth of the Latin America passive temperature-controlled packaging solutions market. This chapter also includes growth prospects of the passive temperature-controlled packaging solutions market in leading LATAM countries such as Brazil, Mexico, Argentina, and the rest of Latin America.

Important growth prospects of the passive temperature-controlled packaging solutions market based on product, application, and end-use industry in several countries such as China, India, ASEAN, Australia & New Zealand and the rest of APEJ are included in this chapter.

Spain, Italy, Germany, the UK, Benelux, France, Nordic, and the rest of Western Europe are leading countries in the Western Europe region that are prime subjects of assessment to obtain growth prospects of the Western Europe passive temperature-controlled packaging solutions market in this chapter. Readers can find detailed information about growth parameters of the Western Europe passive temperature-controlled packaging solutions market during the forecast period.

This chapter highlights the growth of the passive temperature-controlled packaging solutions market in Eastern Europe by focusing on Russia, Poland, and the rest of Eastern Europe. The section also highlights data points regarding the growth of the passive temperature-controlled packaging solutions market in the Eastern Europe region.

This chapter provides information about how the passive temperature-controlled packaging solutions market will grow in major countries in the MEA region such as GCC countries, South Africa, Turkey, Northern Africa, and the rest of MEA during the forecast period.

This chapter provides information about how the passive temperature-controlled packaging solutions market will grow in Japan during the forecast period.

In this chapter, readers can find detailed information about tier analysis and market concentration of key players in the passive temperature-controlled packaging solutions market, along with their market presence analysis by region and product portfolio.

In this chapter, readers will find a comprehensive list of all leading manufacturers in the passive temperature-controlled packaging solutions market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Some market players featured in the report are Sonoco Products Company, Cold Chain Technologies Inc., Pelican Biothermal LLC, Snyder Industries, Inc., Saeplast Americas Inc, Cryopak Industries Inc., Sofrigam SA Ltd, Inmark Packaging LLC, Tower Cold Chain Solutions, va-Q-tec AG, ACH Foam Technologies, LLC, Tempack Packaging Solutions, S.L., EcoCool GmbH, Exeltainer SL, Inno Cool India Private Limited, Rak Associate, Softbox Systems Ltd, DGP Intelsius Ltd, GEBHARDT Logistic Solutions GmbH, Aeris Dynamics, Topa Thermal Packaging, and TAPS International.

This chapter includes a list of acronyms and assumptions that provide a base to information and statistics included in the passive temperature-controlled packaging solutions market report.

This chapter helps readers in understanding the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information about the passive temperature-controlled packaging solutions market.

How the research was conducted?

Primary Research

Primary research interviews with key opinion leaders and other participants were conducted for data collection and validation of the below information: 

  • Key Segments in the passive temperature-controlled packaging solutions Market
  • Market Share Analysis
  • Average Selling Price (US$) and Market Growth
  • Market Size 
  • Key Trends & Developments
  • Competition & Key Vendor Strategies

Secondary Research

  • Industry Journals
  • Annual Reports/SEC filings/Investor Presentations
  • International Conference on Food Technology & Processing
  • World Congress on Food Science & Technology
  • The Pharmaceutical Research and Manufacturers of America
  • The European Federation of Pharmaceutical Industries and Associations
  • International Pharmaceutical Federation

Primary Interview Splits

Primary Interview Splits passive temperature controlled packaging solutions market synopsis

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