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Temperature Controlled Packaging Solutions Market Size By Product (Insulated container, Insulated shipper), By Application (Food & beverage, Healthcare, Others), By Region - Global Industry Analysis, Trends, Segment Forecasts, Regional Outlook 2024 - 2033
The global temperature controlled packaging solutions market size was valued at USD 13.90 billion in 2023 and is projected to reach around USD 33.78 billion by 2033, poised to grow at a CAGR of 9.28% during the forecast period 2024 to 2033.
Temperature-controlled packaging solutions help to mitigate risks associated with the temperature change and improve quality of goods under unfavorable external environmental conditions. Temperature-controlled packaging solutions are used widely by the pharmaceutical industry to transport temperature-sensitive drugs and other products. During their storage and delivery, drugs with shortened shelf-life need complex temperature conditions. Major types of the thermal packaging solutions available in order to pack the heat sensitive products includes active/dynamic and passive/static packaging solutions. Dynamic packaging solutions require external source of the power in order to ensure the temperature consistence during the usage while the static packaging solutions comes with insulating material and phase change material as a source of energy which helps to create required temperature range by creating microclimate. Passive packaging solutions are widely preferred solutions in the air transport as it is least expensive solution, however, active packaging solutions are widely used in the group transportation of products such as in pharmaceutical products worldwide.
North America has held largest revenue share in the temperature controlled packaging solutions market in 2023. The market is witnessing high growth on the backdrop of burgeoning demand from healthcare sector. The demand for transportation drugs, vaccines and clinical trials in North America has triggered the temperature controlled packaging solutions growth. North America, especially the U.S. is home to many established players which are engaged in developing technologies and process necessary to develop cold chain system efficiently.
Due to the increasingly rising demand for frozen goods and well developed infrastructure in large urban populations, China is a top market for cold chain production. A rapid transition from a manufacturing and construction-led economy to a consumer-led economy is currently under way in China. In the middle class, rapid growth provides tremendous opportunities. The demand for the use of cold chain storage and transportation systems has increased in cities such as Beijing and Shanghai.
Growing demand for fresh and frozen foods, combined with increasing use in the pharmaceutical industry, is expected to fuel market growth in the future. In addition, the rapid global growth of the cold-chain industry is expected to have a positive effect on business growth.
Further, rising consumer health awareness has fuelled the worldwide market for fresh fruits and vegetables. China and South Africa have seen rapid increases in fresh food over the past few years. As a result, grocery stores, including supermarkets, hypermarkets and convenience stores, have increased their investment in advanced fruit and vegetable packaging technology.
Additionally, the demand for frozen foods around the world has been boosted by evolving lifestyles and busy schedules. Owing to time constraints, customer tastes are moving towards ready to eat meals. For their shipping, these frozen and ready to cook foods need a particular temperature. Therefore, it is expected that a favorable trend in the consumption of frozen foods would benefit the scope of temperature-controlled packaging. The countries with a strong demand for frozen food are the U.S., China, India and the Philippines.
| Report Highlights | Details |
| Market Size | USD 33.78 Billion by 2033 |
| Growth Rate | CAGR of 9.28% from 2024 to 2033 |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | Product Type, Application Type, Region Type |
| Companies Mentioned | Sonoco Products Company, Cryopak Industries Inc, DHL International GmbH, DGP Intelsius, Cold Chain Technologies, Inc., Envirotainer AB, Softbox Systems Ltd, AmerisourceBergen Corporation, Inmark Temperature Controlled Packaging |
Rising demand for fresh and frozen food
Rising demand for fresh and frozen food across the globe is major factor driving growth of the global temperature-controlled packaging solutions market. Changing lifestyles along with busy schedules have driven the demand for the frozen foods across the globe especially in the developed countries like U.S. Canada etc. Time constraint has become main factor for shifting consumer preferences towards ready to eat meals. These frozen and ready to cook foods need a specific temperature for their shipment, owing to which the favorable trend of the consumption of frozen foods is predictable to encourage the scope of temperature-controlled packaging.
The Philippines, India, China, and the U.S. are the highly demanding frozen food countries that are propelling global industry growth. Demand for convenient foods has also increased with the growing buying power of South Asian countries such as Pakistan, Bangladesh and India. In addition, the variety of processed foods that is expected to continue and will fuel the growth of the target industry in the near future has been endorsed by the rising participation rate of women in the workforce.
The demand for vegetables as well as fresh fruits worldwide has been powered by rising health awareness among consumers. China and South Africa have seen rapid increases in fresh food over the past few years. As a consequence, grocery retailers, including supermarkets, hypermarkets and convenience stores, have increased their investment in advanced fruit and vegetable packaging technology.
In addition, the leading importers of fresh fruits and vegetables from developed countries are the Netherlands, the United Kingdom and Belgium. The banana is the fruit most eaten in the U.S. and European countries. Therefore, within the next few years, fresh fruit and vegetable suppliers worldwide are expected to use temperature-controlled packaging solutions for their finished products.
Intensifying product type in the pharmaceutical industry
Intensifying product type in the pharmaceutical industry is among major factors expected to augment growth of the global temperature-controlled packaging solutions market. Wide application reach of the pharmaceutical industry is fueling the demand for temperature-controlled packaging products considerably. Temperature controlled pharmaceutical packaging solutions is an important tool for mitigating risk and preserving product quality during the supply chain phase by stabilizing the internal temperature.
This scheme helps to secure shipments in any part of the medical supply chain. Inactive pharmaceutical ingredients with balanced temperatures, vaccines, biological samples & products, clinical trials, and medical products with unique timeline specifications are some of the main applications of temperature-controlled packaging solutions. The Food and Drug Administration has defined thermal specifications for the various drugs to be shipped, treated, and processed. The thermal and hygiene requirements of healthcare goods, including medications, vaccines, blood, and organs, are met by these containers.
International health organizations like the World Health Organization have stressed reducing vaccine waste over the past few years. Moreover, rising vaccine wastage monitoring programs are expected to fuel demand for the commodity in the future. It is expected that the introduction of strict government rules and government regulations to improve the distribution practices of pharmaceutical products would fuel market growth.
The market growth of temperature-controlled packaging solutions for pharmaceuticals is expected to be fueled by increasing research and development programs across the globe to enhance the manufacturing and packaging processes in the pharmaceutical and biotech industries. In addition, the growing production, alongside pharmaceutical materials, of novel drugs and therapies including monoclonal antibodies, r-proteins, stem cells, has further increased demand for a cold chain packaging system thereby driving market growth.
Stringent rules & regulations formulated by government agencies
Stringent government regulations associated with the usage of specific types of pharmaceutical products for production of temperature-controlled packaging solution is major factor expected to limit growth of the global temperature-controlled packaging solutions market over the forecast time frame.
Additionally, many safety measures are essential to maintain during packaging of pharmaceutical product like the container should be clean, dry etc. These factors are predictable to limit the market growth of temperature-controlled packaging solutions for pharmaceuticals. Moreover, certain precautions need to be maintained during the packaging of pharmaceutical products, such as clean and dry containers, etc.
It is expected that the above factors will limit the market growth of temperature-controlled packaging solutions for pharmaceuticals. In the pharmaceutical industry, the high investment and maintenance costs associated with the temperature-controlled pharmaceutical packaging solution are expected to inhibit market growth over the forecast period.
Lack of understanding of the advantages of temperature-controlled pharmaceutical packaging solutions, as only a few companies in the industry are using temperature-controlled pharmaceutical packaging solutions, is expected to hamper market growth over the forecast period.
Growing focus of pharmaceutical manufacturer to produce drugs and therapies for rare diseases
Growing focus of pharmaceutical manufacturers on producing drugs and therapies for rare disease is expected to create lucrative growth opportunities in the global market. Key layers operating in the pharmaceutical industry are investing hugely on the research and development of vaccines for the rare diseases including blood diseases. Increasing government initiatives and rising support encouraging companies worldwide to develop orphan drugs for the rare diseases.
Food and Drug Administration has approved numbers of such drugs for rare diseases in last few years. These orphan drugs are formulated by the ingredients of high value and with the short shelf lives. This results into high requirement of the stringent temperature-controlled atmosphere and thereby this is predictable to raise the ultra-low temperature range packaging solutions and fuelling target industry growth.
Further, outbreak of COVID-19 across the globe has led to increase the research and development of vaccines for the treatment of COVID-19 and thereby boosting growth of the temperature-controlled packaging solutions across the word. Also, distribution range is expanding at rapid pace worldwide, in order to transfer the target products from different climatic zones. Most of the local as well as international players are increasing their global connections and focusing on shipping their products regularly to the end-users. Further, upraised demand for cold chain packaging system is expected to fuel industry growth in the near future.
Acceptance of novel great performance convection systems that are efficient for warehousing as well as supply of healthcare products is predictable to offer huge potential opportunities for the vendors in the global industry across the globe. Moreover, increased adoption of thermal controlled solutions that are used to enhance the shelf life is expected to support growth of the industry. For, instance, demand for the vacuum panel insulation with phase change materials can enhance the shelf life of stored pharmaceutical product hence increasing adoption of such advanced technologies in the pharmaceutical industry is anticipated to fuel the market growth.
The insulated shippers are expected to gain highest share of 55.83% in 2023. The convenience of shippers is expected to be promoted by a wide variety of applications in many industries including pharmaceutical, food and beverage, and chemical. The demand for insulated shippers has been increased constantly by developing technology. The introduction of phase change materials (PCMs) and vacuum insulated panels (VIP) technology, for example, has enabled insulated shippers to offer a low-distribution temperature range. The shipping of medicinal and pharmaceutical products has gained considerable utility from these products.
In 2023, insulated containers produced an income of USD 6.13 billion. These containers are used mainly to transport food, chemicals, biological materials, blood, and organs. To monitor and log the temperature of the entire distribution system, these containers are a vital part of the cold chain.
The temperature-controlled packaging solutions industry is divided into food & beverages, healthcare, and others (chemical and biothermal) depending on the type of end consumer. With the aid of a temperature-controlled packaging solution, the food & beverage business includes the transport of temperature-sensitive items from one place to another. During transportation, foods such as beef, dairy goods, frozen foods, and beverages such as cold drinks, milk, and others need temperature-controlled packaging solution.
The logistics industry has been substantially boosted by booming international trade and trade liberalization, including the North American Free Trade Agreement (NAFTA) and the European Union Free Trade Agreement (FTA). A big part of this industry is the transportation and packaging sector, and over the years it has seen tremendous growth.
Similarly, due to the globalization of foreign trade in perishable products, the cold-chain industry is rising at a lucrative pace worldwide. The advancement of technology has fuelled this industry's growth and increased demand for insulated packaging around the world. However, dielectric materials have gained significant importance over the past few years owing to their increasing demand and opportunity in applications such as food & beverages, healthcare, and others.
Global Temperature Controlled Packaging Solutions Market, by End User ($Million)
| End User | 2020 | 2021 | 2022 | 2023 |
| Food & Beverages | 5,211.10 | 5,670.60 | 6,178.50 | 6,739.85 |
| Healthcare | 4,800.60 | 5,258.80 | 5,768.18 | 6,334.40 |
| Others | 652.50 | 705.20 | 763.02 | 826.35 |
The global Temperature Controlled Packaging Solutions market seeks intense competition among the market players owing to rapid changing consumer preference. Further, the industry participants are prominently adopting inorganic as well as organic growth strategies that include partnership, collaboration, merger & acquisition, and many others to maintain their competitive edge in the global market. Apart from this, they invest prominently in the R&D activity for new product development & advancements.
This research study comprises complete assessment of the market by means of far-reaching qualitative and quantitative perceptions, and predictions regarding the market. This report delivers classification of marketplace into impending and niche sectors. Further, this research study calculates market size and its development drift at global, regional, and country from 2020 to 2032. This report contains market breakdown and its revenue estimation by classifying it on the basis of material, application, and region:
By Type
By Insulation Type
By Product Type
By End User
By Material
By Regional
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