Temperature Controlled Packaging Solutions Market

2019 Analysis and Review of Temperature Controlled Packaging Solutions Market by Product Type - Insulated Shippers, Insulated Containers, and Others for 2020 - 2030

  • 2020-02-06
  • REP-GB-594
  • 14 Tables
  • 58 Figures
  • 144 pages
  • PDF PPT EXCEL
 Temperature Controlled Packaging Solutions Market
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Temperature Controlled Packaging Solutions Market Set for 8% CAGR during 2020-2030

Rise in cross-border trade of perishables across remote geographies that incorporate multi-modal supply routes require optimal temperature handling for longer durations. While the consumption of perishable food items, including yogurt and cheese, has surged nearly threefold in the recent past, the biotechnology sector is shifting towards the development of biologics and specialty drugs. Receiving a spurt from these evolving industrial and consumer trends, the global temperature controlled packaging solutions (TCPS) market will grow at an impressive CAGR of over 8% through 2030. This FMI study emphasizes over 2X surge in revenue of the temperature controlled packaging solutions market by 2030.

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Frequently Asked Questions about Temperature Controlled Packaging Solutions Market

What are the future prospects of the temperature controlled packaging solutions market?

The temperature controlled packaging solutions market is anticipated to witness an impressive growth rate, creating an incremental opportunity of US$ 13.4 Bn by the end of 2030.

What are the key factors shaping the dynamics of the temperature controlled packaging solutions market?

Rising need for cost-effective shipping solutions for temperature-sensitive products drives the adoption of temperature controlled packaging solutions across all regions. Increasing demand for perishable food products from the rapidly growing middle-class in developing regions plays a role in the high demand for effective temperature controlled packaging solutions. This is attributable to the fact that most of these products are extensively imported from distant geographies.

Which end-use industries hold high growth prospects for manufacturers of temperature controlled packaging solutions?

The food & beverage industry is estimated to account for a lion’s share in the global temperature controlled packaging solutions market, and remain the most lucrative segment throughout the forecast period. Moreover, the food & beverage industry is expected to be closely followed by the healthcare sector.

Which region is expected to lead in terms of global sales of temperature controlled packaging solutions?

In terms of market growth, the North America temperature controlled packaging solutions market is projected to be at the forefront during the forecast period. This is on account of North America’s position as the largest pharmaceuticals and biologics research hub, which exports bio-pharma and bio-similar products across the globe.

What is degree of competition in the temperature controlled packaging solutions market?

Sonoco Products Company, Pelican BioThermal LLC, Snyder Industries Inc., GEBHARDT Logistic Solutions GmbH, and ACH Foam Technologies, LLC have been identified as the leading players operating in the global temperature controlled packaging solutions market. These players were estimated to cumulatively account for nearly 15-20% of the global temperature controlled packaging solutions market in 2018.

Insulated Containers Preferable Thermal Packaging Format

Increasing consumption of perishable products is among the key factors supporting the growth of the temperature controlled packaging solutions market. By capturing over 3/5 of overall revenue, insulated containers, both chest style and upright style, will remain the preferred packaging choice among end users. Additionally, insulated containers worth around US$ 3 Bn are estimated to be used in freight transportation in 2020. Although insulated shippers, including PUR and EPS shippers, significantly lag behind insulated containers in terms of revenue, they are likely to see higher demand growth in the near future.

Developed Regional Markets Capture over 60% Revenues Share

Frozen food product consumption is high among consumers, especially the working demographics cohort. The trend has been at its peak in Europe and North America, which hold over 60% share of total market value. Coupled with a well-established cold chain management, the temperature controlled packaging solutions market continues to thrive in these developed regions. In addition, high imports of processed food such as fruits, meat, and poultry products in East and South Asia are also influencing market players to rethink their strategies.

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

Developed Regional Markets Capture over 60% Revenues Share
Developed Regional Markets Capture over 60% Revenues Share
Developed Regional Markets Capture over 60% Revenues Share
Developed Regional Markets Capture over 60% Revenues Share
  • 2014
  • 2018
  • 2022
  • 2029
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PCM to Replace Conventional Coolants in Passive Packaging Formats

Conventional coolants such as dry ice, if not handled properly, can result in increased carbon footprint due to leakage of CO2 vapors. Manufacturers, in turn, are replacing these conventional coolants with alternatives such as phase change materials (PCMs), which are non-toxic, reusable, and require lesser energy to freeze. While material compatibility and availability of PCMs are some of the standing concerns, their cost-saving attribute and other benefits outweigh the negatives. Leading players in the temperature controlled packaging solutions market - Sonoco, Tempack, and Cold Chain Technology – are already onboard in providing PCM-based packaging solutions.

Manufacturers prefer passive solutions

Demand for active solutions to grow gradually

Insulated containers account for largest share

Insulated shippers to exhibit higher CAGR

High application in packing chilled products

Adoption in frozen product packaging expected to increase

Food & beverages remain key end-use industry

Healthcare sector to exhibit high demand in coming years

How Growth will Unfold

Temperature controlled packaging solutions are increasingly becoming an imperative in various industries, globally. Having that said, their utilization in the food & beverage and healthcare sectors is anticipated to reach greater heights, as these are the production hub of perishable and temperature-sensitive products. Realizing the intricacy in transportation and delivery, manufacturers continue to reap huge profits from these end-use industries. Towards the end of forecast period, both, F&B and healthcare would accent a collective revenue of over US$ 20 Bn in the global temperature controlled packaging solutions market.

Temperature Controlled Packaging Solutions Market End-use Analysis

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

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Overview

Temperature Controlled Packaging Solutions Market Analysis 2020-2030

A recent market report published by Future Market Insights on the temperature controlled packaging solutions market provides global industry analysis for 2015-2019 and forecasts for 2020-2030. The report offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the temperature controlled packaging solutions market, the growth prospects of the market are obtained with maximum precision.

Temperature Controlled Packaging Solutions Market Taxonomy

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

System Type

  • Active
  • Passive

Product Type

  • Insulated Shippers
    • Panels & Envelopes
    • EPS Shippers
    • PUR Shippers
    • VIP Shippers
  • Insulated Containers
    • Chest Style
    • Upright Style
  • Others

Application

  • Frozen
  • Chilled
  • Ambient

End Use

  • Healthcare
  • Food & Beverages
  • Others

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

What's Included

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

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

It includes a comprehensive analysis of key trends that are impacting the global temperature controlled packaging solutions market.

This section explains the global market value analysis and forecast for the temperature controlled packaging solutions market between the forecast period of 2020-2030. Readers can also find the absolute opportunity for the current year (2019 – 2020), and an incremental opportunity for the forecast period (2020 – 2030).

This chapter explains the key macroeconomic factors that are expected to influence the growth of the temperature controlled packaging solutions market over the forecast period. This section also highlights the opportunity analysis for the temperature controlled packaging solutions market along with macroeconomic factors. This chapter also highlights the key market dynamics of the temperature controlled packaging solutions market, which includes the drivers and restraints. This section also includes outlook of list of active participants, Porter’s analysis, key industry perspectives, and value chain analysis.

Based on system type, the temperature controlled packaging solutions market is segmented into active and passive systems. In this chapter, readers can find information about key attractive segments during the forecast period.

Based on product type, the temperature controlled packaging solutions market is segmented into insulated shippers, insulated containers, and others. The insulated shippers segment is further segmented into panels & envelopes, EPS shippers, PUR shippers, and VIP shippers. The insulated containers segment is divided into chest style and upright style. In this chapter, readers can find information about key segments during the forecast period.

This chapter provides details about the temperature controlled packaging solutions market on the basis of chilled, ambient, and frozen.

This chapter provides details about the temperature controlled packaging solutions market on the basis of food & beverages, healthcare, and others.

This chapter explains how the temperature controlled packaging solutions market is expected to grow across various geographical regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East & Africa (MEA).

This chapter includes a detailed analysis of growth of the North American 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 temperature controlled packaging solutions.

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

Important growth prospects of the temperature controlled packaging solutions market based on system type, product type, application, and end-use in several countries such as Germany, the U.K., France, Spain, Italy, Russia, Poland, BENELUX, Nordic countries, and the Rest of Europe are included in this chapter.

India, Indonesia, Thailand, and Malaysia are the leading countries in the South Asia region that are the prime subjects of assessment to obtain the growth prospects of the South Asia temperature controlled packaging solutions market in this chapter. Readers can find detailed information about the growth parameters of the South Asia temperature controlled packaging solutions market during the forecast period of 2020-2030.

This chapter highlights the growth of the temperature controlled packaging solutions market in East Asia by focusing on China, Japan, and South Korea. The section also highlights data points regarding the growth of the temperature controlled packaging solutions market in East Asia.

In this chapter, Australia and New Zealand are among the leading countries in the Oceania region that are the prime subjects of assessment to obtain the growth prospects of the Oceania temperature controlled packaging solutions market.

This chapter provides information about how the temperature controlled packaging solutions market is anticipated to grow in major countries in the MEA region such as the GCC Countries, South Africa, Turkey, Northern Africa, and the Rest of MEA during the forecast period 2020 – 2030.

In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the 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 temperature controlled packaging solutions market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Sonoco Products Company, Pelican BioThermal LLC, Snyder Industries Inc., GEBHARDT Logistic Solutions GmbH, ACH Foam Technologies, LLC, TKT GmbH, Cold Chain Technologies, Cryopak Industries Inc., Sofrigam SA Ltd., va-Q-tec AG, Saeplast Americas Inc., Inmark, LLC, Tempack Packaging Solutions S.L., EcoCool GmbH, Exeltainer SL, American Aerogel Corporation, Softbox Systems Ltd., DGP Intelsius Ltd., and NanoCool.

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

This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as, important qualitative and quantitative information, about the 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 Temperature Controlled Packaging Solutions Market
  • Market Share Analysis
  • Average Selling Price (US$) and Market Growth
  • Key Regulations in Packaging Industry
  • Market Size
  • Key Trends & Developments
  • Competition & Key Vendor Strategies

Secondary Research

  • Industry Journals
  • Beverage Packaging Industry Growth
  • Regional Metal Packaging Consumption
  • Annual Reports/SEC Filings/Investor Presentations

Primary Interview Splits

Primary Interview Splits temperature controlled packaging solutions market share synopsis

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