Global Temperature Controlled Packaging Solutions Market
Dublin, Aug 25, 2021 (GLOBE NEWSWIRE) – The ‘Market for Temperature Controlled Packaging Solutions by Type (Active, Passive), Product, Usability (Unique, Reuse), Revenue Type (Product, Service), Industry end use (Pharma and Biopharma) & Region – Trends and Forecasts Up to 2026 “report has been added to ResearchAndMarkets.com offer.
The global TCP market size was $ 34.4 billion in 2021 and is expected to reach $ 80.1 billion by 2026, at a CAGR of 18.4% between 2021 and 2026.
Temperature Controlled Packaging Solution is a crucial part of the cold chain industry, involved in maintaining the desired temperature range for a predefined amount of time for temperature sensitive products. Pharma and Biopharma are end use industries for temperature controlled packaging solutions. The products of these industries are temperature sensitive and are subject to temperature variations during storage and shipping, degrading the effectiveness of these products. There are two types of packaging systems for shipping temperature sensitive products: the active system and the passive system. The preference of the packaging system depends mainly on the type of product and the costs incurred during shipping. Technological innovation and development in the packaging industry has led to the development of highly advanced temperature-controlled packaging products. The market is expected to grow steadily due to the increasing demand for these packaging solutions in various end use industries.
Active Systems is expected to be the largest segment by type in the TCP market
Active systems are the most important type segment for the TCP market. Active containers have active temperature control, which means they maintain a specific temperature range with minimum deviation. The systems are available in three types: – heating and cooling using dry ice; fresh only; and heating and cooling using compressors. Active systems are suitable for shipping large volumes of payloads with substantial transit time, such as international shipments. North America is the important market for active systems. The temperature accuracy provided by the active system is the highest compared to the passive system. The active system provides a stable temperature for long distance expeditions. The system can effectively deal with the delay caused in the supply chain. There is less possibility of temperature excursion with the availability of a power source.
Single-use is expected to be the most significant segment in terms of usability in the TCP market during the forecast region.
Single use is the largest segment of usability for the TCP market. These are basic containers that are suitable for a single shipment. These containers are a lightweight and cheaper option compared to reusable packaging systems. The packaging system tends to generate packaging waste with the disposal of containers. The single-use container market is driven by its ease of use, which offers unlimited distribution, and there is no need to return containers to their origin. These containers are a suitable option for remote locations where reverse logistics is not possible. Growing demand for pharmaceutical or biopharmaceuticals (vaccines, cell and gene therapy, and clinical trials) is expected to drive the single use packaging systems market during the forecast period.
Pharma is the largest segment by end-use industry in the TCP market during the forecast region.
Pharmaceutical industries include products derived from synthetic or chemical processes (artificial sources). Its products include drugs and other drugs. Pharmaceuticals are susceptible to damage due to temperature deviation, humidity and other reasons. As a result, products are transported in temperature-controlled packaging solutions around the world. The growing demand for pharmaceuticals is expected to drive the temperature-controlled packaging solutions market during the forecast period. Recent trends in temperature controlled packaging solutions for pharmaceuticals include the use of data loggers, temperature sensors and other software platforms to improve visibility throughout the cold chain and the use of insulation materials and advanced refrigerants in packaging materials for longer transit times.
By revenue type, products account for the largest share of the TCP market
The product in the temperature controlled packaging market includes packaging systems (shippers / containers) and refrigerants. These packaging systems are available in different sizes and temperature ranges. These temperature controlled packages are suitable for shipping products to the health care and life sciences industry and other industries. With the development of new drugs and vaccines, the requirement for safe and secure distribution has increased. The focus is on the development of packaging systems suitable for a long transit time and at the same time having a minimum temperature deviation. In the COVID scenario, the demand for vaccines, drugs, and cell and gene therapy has increased. Distributions of these products require temperature-controlled packaging products.
Isolated senders account for the largest share of the TCP market by product
Isolated shippers are also known as parcel shipping systems. These are suitable for carrying a temperature sensitive payload with a volume ranging from 4 liters to 100 liters. These shippers are ideal for pharmaceutical and clinical trial shipments. Insulated shippers include both single-use and reused packaging systems. To provide thermal protection for highly temperature sensitive shipments, insulated shippers use advanced vacuum insulated materials and phase change materials. These are lightweight and economical options suitable for domestic, international and last mile delivery shipping.
Main topics covered:
2 Research methodology
3 Executive summary
4 main information
5 Market overview
5.2 Market dynamics
5.3 Porter’s five forces analysis
5.4 Macroeconomic indicators
5.5 Value chain analysis
5.6 Mapping of ecosystems / markets
5.7 Impact of COVID-19 on the Temperature Controlled Packaging Solutions Market
5.8 Customer analysis
5.9 YCC offset
5.10 Technology analysis (only qualitative information will be provided)
5.11 Range scenario of the Temperature-Controlled Packaging Market
5.12 Regulatory landscape
5.13 Patent analysis
6 Temperature Controlled Packaging Solutions Market, by Type 2019-2026 (Volume & Value)
6.2 Active systems
6.3 Passive systems
7 Temperature Controlled Packaging Solutions Market, by Usability 2019-2026 (Volume and Value)
8 Temperature Controlled Packaging Solutions Market, by Revenue Type 2019-2026 (Volume & Value)
9 Temperature Controlled Packaging Solutions Market, by Product 2019-2026 (Volume and Value)
9.2 Isolated shippers
9.3 Insulated containers
10 Temperature Controlled Packaging Solutions Market, By End Use Industry, 2019-2026 (Volume & Value)
11 Temperature Controlled Packaging Solutions Market, by Region, 2019-2026 (Volume & Value)
11.2 North America
11.2.1 United States
11.3.5 United Kingdom
11.3.6 Rest of Europe (RoE)
11.4.3 South Korea
11.4.5 Rest of APAC (RoAPAC)
11.5 South America
11.5.3 Rest of South America (RoSA)
11.6 Middle East and Africa
11.6.1 Saudi Arabia
11.6.2 South Africa
11.6.3 Rest of MEA (RoMEA)
12 Competitive landscape
12.1 Market valuation matrix
12.2 Ranking / market shares
12.3 Revenue Analysis of Top 5 Market Players
12.4 Market valuation matrix
12.5 Key positioning of key players
12.6 Competitive situation and trends
12.6.1 New product launches
12.6.2 Agreements, partnerships, collaborations and joint ventures
12.6.4 Mergers & Acquisitions
12.7 Company valuation quadrant
12.7.2 Emerging Leader
13 company profiles
13.1.1 Sonoco products company
13.1.2 Cold Chain Technologies, LLC
13.1.3 Va-Q-Tec SA
13.1.4 Pelican BioThermal LLC
13.1.5 Softbox systems
13.1.6 Sofrigam SA
13.1.7 DGP Intelsius GMBH
13.1.8 Inmark, LLC
13.1.9 Envirotainer AB
18.104.22.168 Cryopak Industries Inc.
22.214.171.124 EcoCooL GmbH
126.96.36.199 Cryoport, Inc.
188.8.131.52 Exeltainer SL
184.108.40.206 CSafe Global, LLC
220.127.116.11 American Airgel Company
18.104.22.168 Isolated products company
22.214.171.124 Sealed airline
126.96.36.199 Nordic cold chain solutions
188.8.131.52 Aeris Dynamics PTE LTD
184.108.40.206 Lifoam Industries, LLC
13.2.1 Fedex company
13.2.2 United Parcel Service, Inc.
13.2.3 Deutsche Post AG (DHL)
13.3.1 Amerisourcebergen Company
13.3.2 Cardinal Health, Inc.
13.3.3 McKesson Company
For more information on this report, visit https://www.researchandmarkets.com/r/fes7tz