The Cold Chain Packaging Market was valued at USD 20.08 billion in 2020, and it is projected to be worth USD 36.65 billion by 2028, registering a CAGR of approximately 10% during the forecast period 2022-2028.
The service quality of “Cold Chain” is highly dependent on the latest technology and equipment, especially the increased investment in cold chain packaging solutions. Over the past decade or two, the highly competitive market has faced economic hardship, and pharmaceutical companies have sought a variety of ways to minimize the cost of packaging their products. One of the ways to achieve cost savings is to use inexpensive packaging solutions such as passive packaging systems, but at the risk of exposing the drug to ambient temperature. Therefore, for the logistics of temperature-sensitive drugs, pharmaceutical companies have shifted their focus towards using cold chain packaging solutions suitable for specific situations. Cold chain packaging solutions include different types of refrigerated containers, temperature monitors and integrators for product lifecycle management.
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A full report of Global Cold Chain Packaging Market is available at: https://orionmarketreports.com/cold-chain-packaging-market/84215/
Market Segments
Based on material type
- Expanded polystyrene (EPS)
- Vacuum insulated panel (VIP) solutions
- Polyurethane (PUR)
- Others
Based on Product type
- Phase Change Materials (PCMs)
- Gel Packs & Bricks
- Insulated shipping containers
- Temperature Loggers
Key Players
- Sonoco ThermoSafe
- Pelican Products, Inc.
- Sofrigam SAS
- Cryopak Industries Inc.
- CSafe Global, LLC
- Softbox Systems Ltd.
- TOWER Cold Chain Solutions
- DGP Intelsius LLC
- TemperPack Technologies, Inc.
- Tempack Packaging Solutions SL.
Scope of the Report
The research study analyzes the global Cold Chain Packaging industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cold Chain Packaging Market Report
1. What was the Cold Chain Packaging Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Cold Chain Packaging Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Cold Chain Packaging Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Cold Chain Packaging market.
- The market share of the global Cold Chain Packaging market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Cold Chain Packaging market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Cold Chain Packaging market.
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