Passive Temperature-Controlled Packaging Solutions Market By Product (Insulated Shipper, Insulated Containers), Application (Frozen, Chilled, Ambient), End Use (Pharmaceuticals, Food & Beverage), & Region for 2021 – 2031
Passive Temperature-Controlled Packaging Solutions Market - Analysis, Outlook, Growth, Trends, Forecasts
- January 2022
- 173 pages
Passive Temperature-Controlled Packaging Solutions Market Outlook- 2021-2031
[173 pages Report] The global passive temperature-controlled packaging solutions market is estimated to reach US$ 10.6 Bn in 2021. Sales of passive temperature-controlled packaging solutions are expected to increase at 9.1% CAGR between 2021 and 2031.
Passive Temperature Controlled Packaging Solution Market Size 2021
~US$ 10.6 Bn
Value CAGR (2021-2031)
2020-2021 Year-Over-Year Growth
Overall passive temperature-controlled packaging solutions market is forecasted to increase at a year-on-year (YoY) growth of 9.0% in 2021. Regionally, Asia Pacific excluding Japan is expected to dominate the market, holding over 23.9% of market share in 2021.
Apart from this, in 2021, the U.S. passive temperature-controlled packaging solutions market will register 7.7% YoY. Sales of passive temperature-controlled packaging solutions in North America are projected to reach US$ 2.1 Bn in 2021.
The global passive temperature-controlled packaging solutions constituted around 80% of the total temperature-controlled packaging solutions market, surpassing US$ 1.1 Bn in 2020.
2014-2020 Passive Temperature-Controlled Packaging Solutions Market Outlook Compared to 2021-2031 Forecast
FMI projects the global passive temperature-controlled packaging (PTCP) solutions market to expand at 7.9% CAGR between 2021 and 2031, in comparison to the CAGR of 7.5% registered between the period 2014 and 2020.
Growth in the market is underpinned by expansion of pharmaceutical industry. Temperature-controlled passive packaging solutions consist of shippers and containers.
They are designed especially for the packaging of products that are required to be kept under specific temperature conditions.
They also have the ability to maintain a temperature-controlled environment to limit the high or low temperatures exposure of the packed product during transit.
Passive packaging solutions do not use active temperature controls such as heating systems to alter the temperature. They use insulation mediums to limit the temperature change of the packaged products.
Key players in temperature-controlled packaging solution market offer active as well as passive packaging solutions. Passive packaging solutions consist of a varied range of products such as insulated shippers, insulated containers, large pallet shippers, coolants, an temperature monitoring tools.
Passive cold chain solutions are gaining popularity among the manufacturers of the food and beverage industry for products that are sensitive to temperature changes but do not require stringent temperature control.
Hence, manufacturers are investing extensively in research to develop more temperature efficient and cost-effective solutions. They are also aiming to develop products of higher acceptance (universal solutions), ease of use to meet the requirement of healthcare, food & beverage, and chemical industries.
Further, rising awareness regarding the importance packaging solutions to minimize wastage and environmental impact is boosting the market. On the back of this, preference for reusing and renting passive packaging solutions is also increasing the sales in the market.
Meanwhile, growing shift in consumer preference towards paper packaging is anticipated to boost the demand for rental passive temperature-controlled packaging solutions. In order to capitalize on this trend, these solutions are offered by several manufacturers in the passive temperature-controlled packaging solutions market.
Increasing Consumption of Processed and Frozen Food to Boost the Market
Growing urbanization and fast-paced lifestyle across the globe are bolstering the demand for processed and frozen food products. Several processed and ready-to-eat products are needed to be kept chilled to achieve desired shelf life and taste. T
As passive temperature-controlled packaging solutions are efficient to keep the food products chilled during storage and transit, food and beverages industry giants are increasing the adoption.
Increasing trade in the food and beverage industry is another factor positively influencing the passive temperature-controlled packaging solutions. The passive thermal control facilitates the traders in the industry to keep the quality of the products intact till it reaches the desired destination.
With passive temperature controlled packaging solution, the loss or wastage incurred is minimum. On account of this, consistent increase in trade activities in the processed and frozen food industry is anticipated to support the growth in the market.
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How will Expansion of Pharmaceutical Industry Influence Passive Temperature-Controlled Packaging Solutions Market?
The pharmaceutical products are being increasingly shipped for longer distances, incorporating multi-modal supply routes, which require optimal temperature handling of products.
Clinical trial supply and logistics, which require rigorous temperature controlled packaging, is witnessing a trend of outsourcing trails across the U.S. and Asia Pacific region.
The clinical trial supply and logistics activities significantly increased following the outbreak of COVID-19. Also, several pharmaceutical products manufactured for the treatment of rare diseases often include high-value ingredients with relatively short shelf-life and carry strict temperature requirements.
The temperature requirements are set in order to ensure that the initial formulation and active ingredient in the composition are intact and not hampered in any possible way. Passive thermal packaging solutions are widely used in the transportation and storage of such pharmaceutical products.
Pharmaceuticals, biotechnology, and medical device industry use passive temperature-controlled packaging solutions on a large scale and the growth of these industries coupled with factors mentioned above among several others is anticipated to augment the demand for target products in the pharmaceutical end-use.
Temperature-Controlled Packaging Solutions Market - Country-wise Insights
Why is the U.S. Considered Most Lucrative Passive Temperature-Controlled Packaging Solutions Market?
As per FMI, North America is anticipated to remain the second-largest market for passive temperature-controlled packaging solutions. Sales of passive temperature-controlled packaging solutions across North America are expected to account for over 22% in the global market share by 2026.
According to the passive temperature-controlled packaging solutions industry analysis, the U.S. is projected to hold nearly 84% of the total North America market in the next ten years.
Favorable state and national government policies coupled with strong desire for developed healthcare system in the U.S. is expected to aid the growth in the market. As per the Organization for Economic Co-operation and Development (OECD), in 2019, the U.S. held highest per capita healthcare spending globally totaling US$ 11,072.
Apart from this, increasing awareness and high spending on healthcare are anticipated to strengthen the growth of the pharmaceutical industry, fueling the sales of passive temperature-controlled packaging solutions.
How will Expansion of Food & Beverage Industry Affect Germany Market?
The passive temperature-controlled packaging solutions market in Germany is estimated to reach a market valuation of US$ 508 Mn by the end of 2021. Germany is projected to be the largest market across the Western Europe.
Furthermore, Germany is projected to capture for around ~23% market share in Western Europe by the end of 2021. Rising demand for fast food products and growing consumer preference for packaged food and beverage products improving the growth in food and beverage industry in Germany.
As stated by the German Trade and Invest (GTAI) in its report on the German food and beverage industry issued in 2020, almost one-third of all the processed food manufactured in Germany is exported.
According to the report, the food and beverage companies in Germany spent around 1.7 Bn EUR on innovative product development. On account of these factors, the food and beverage industry is witnessing immense growth.
Hence, increasing applications of passive shipping solutions in the packaging of a variety of food and beverage products and presence of leading passive temperature-controlled packaging solutions manufacturers are propelling the growth in Germany.
How Big is the China Passive Temperature Controlled Packaging Solutions Market?
In the APEJ region, China is estimated to hold the largest market share, contributing over ~41%of sales in passive temperature-controlled packaging solutions market.
The food and beverage sector of China is consistently growing on the back of the increasing purchase power of the consumers coupled with the transition of the country to a consumer-driven economy.
According to the Chain Store & Franchise Association, China’s food and beverage industry reached a valuation of US$ 595 Bn in the year 2019, with a year-on-year increase of 7.8%. Hence, expansion of food and beverage sector in China is anticipated to create conducive environment for passive temperature-controlled packaging solutions market.
Temperature-Controlled Packaging Solutions Market - Category-wise Insights
Why are Sales of Insulated Shippers for Passive Temperature-Controlled Packaging Solutions Rising?
In terms of product type, the insulated shippers segment is estimated to register a CAGR of nearly ~9.7% during the forecast period (2021-2031). The insulated shippers are projected to gain significant demand compared to other segments as they are feasible for a large number of applications.
Introduction of vacuum insulated panel shippers has further enhanced the efficiency of insulated shippers segment, bolstering the demand for the segment in the market.
Furthermore, expansion of pharmaceutical industry owing to the pandemic is estimated to bolster the sales of passive temperature-controlled packaging solutions in the pharmaceutical end use.
Will Application in Food & Beverage Industry Fuel Passive Temperature-Controlled Packaging Solutions Sales?
In terms of end use, food & beverage is the most lucrative end use segment in the market for passive temperature-controlled packaging solutions. Food & beverage segment followed by the pharmaceutical segment is estimated to account for over ~51% and ~42% market share, respectively, in 2021.
Both these segments are estimated to cumulatively reach a valuation of ~US$ 9.9 Bn by the end of 2021. Growing urban population, per capita income of consumers, and rising prevalence of diseases across the globe are the factors propelling the demand in food & beverage and pharmaceutical industries.
Temperature-Controlled Packaging Solutions Market - Competitive Landscape
Companies operating in the passive temperature-controlled packaging solutions market are aiming at product launches, expansions and strategic partnerships with other manufacturers. They are also focusing on expanding their product manufacturing capabilities, product portfolio and global presence.
Meanwhile, other players are extensively investing in research and development of the product to offer innovative passive temperature-controlled packaging solutions targeted towards specific end-use industry application.
- In November 2021, Sonoco ThermoSafe, a unit of Sonoco and Singapore Airlines, a trusted partner in transporting high-value, time and temperature sensitive pharmaceutical cargo across the world, announced a global partnership agreement for leasing the new Pegasus ULD® passive temperature-controlled bulk shipping container.
- In April 2021, Softbox Systems Ltd. announced its partnership with Pfizer to support in the distribution of COVID-19 vaccines through the supply of a high-performance temperature-controlled parcel shipper developed specifically for ultra-low temperature applications.
- In May 2020, Softbox Systems Ltd. launched new cardboard insulated shipper for passive temperature-controlled packaging solution to deliver chilled food.
- In July 2020, GEBHARDT Logistic Solutions GmbH launched ISOtec TBX digitalized insulated containers that are prepared for use in the frozen and fresh food sector.
Scope of Report
Historical Data Available for
US$ Million for Value
Key Regions Covered
North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and the Middle East & Africa
Key Countries Covered
United Stated, Canada, Brazil, Mexico, Germany, Italy, France, U.K., Spain, Russia, Poland, GCC Countries, Turkey, China, India and ASEAN
Key Segments Covered
Product Type, Application, End-Use and Region
Key Companies Profiled
Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing
Available upon Request
Passive Temperature-Controlled Packaging Solutions Market by Category
By Product Type :
- Insulated Shipper
- Envelops & Panels
- Insulated Containers
By Application :
By End-Use :
- Food & Beverage
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- Middle East & Africa