Temperature Controlled Packaging Market Size, Statistics 2028

Temperature Controlled Packaging Market to 2027 - Global Analysis and Forecasts by Packaging Type (Active, and Passive); End-user (Pharmaceutical, Healthcare, and Others)

Publication Month : Feb 2020

  • Report Code : TIPRE00005296
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 188
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The temperature controlled packaging market accounted for US$ 5.12 Bn in 2018 and is expected to reach US$ 8.71 Bn by 2027 with a CAGR growth rate of 6.1% during the forecast period.

North America and European region market are fragmented owing to the presence of the multiple numbers of market players operating in the temperature-controlled packaging solutions space. However, the temperature controlled packaging market does constitute a selected number of market players who have established themselves as prominent market players through extensive geographical presence as well as significant customer base through their business offerings. For instance, some of the prominent market players operating in the North American and European market are ACH Foam Technologies LLC, Cold Chain Technologies, Inc., Pelican BioThermal LLC, Sofrigram SA, Sonoco Products Company, Tempack Packaging Solutions, S.L., Exeltainer, Cryopak A TCP Company, Softbox Systems Ltd., Sorbafreeze Ltd, and Eutecma GmbH to name a few prominent market players present in the regional market. Presently the region collectively occupied a significant portion of market share in terms of revenue, however, are anticipated to witness a moderate growth rate compared to emerging markets of Asia and the Middle East & African regions.

Lucrative Regional Temperature Controlled Packaging Markets

Lucrative Regional Temperature Controlled Packaging Markets
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Market Insights

Significant surge in demand from healthcare and pharmaceutical industry

In the past few years, the healthcare and pharmaceutical industry has witnessed an unprecedented rise in demand for temperature-controlled packaging due to an increase in the number of the aging population globally. Factors such as rise in disposable income of the individuals, accessibility of medical facilities, growing investment towards the improvement of cold chain infrastructure and positive growth of end-user industries have attributed to the growth of the temperature-controlled packaging market. Additionally, diverse industry vertical across healthcare and pharmaceutical industries has also facilitated in substantial growth of a broad range of solutions and products offered by the companies is also continue to drive the market growth through meeting the functional requirement of the end-users.

The increasing percentage of the aging population across both developed as well as developing economies have shown a notable positive correlation with the growth of cold chain logistics value chain and subsequently temperature-controlled packaging in storage and transportation operations across the healthcare and pharmaceutical end-users. Moreover, the growing middle-class income group across different demographic regions have boosted the penetration of improved vacuum insulated packaging, phase change materials and other packaging systems into various markets in the past few years.

Packaging Type Insights

Packaging type of temperature controlled packaging includes active and passive types which are used in the various sectors such as pharmaceutical, healthcare, and other markets. Active packaging includes pallet shippers and refrigerated boxes, which function through a power source such as lithium battery. Passive packaging depends on insulated packaging together with a refrigerant, such as dry or wet ice, phase change materials, and others. Demand for active packaging is increasingly propelled by the food processing companies to keep food fresh for a longer period and to lessen food waste and stimulate more convenient packaging for the consumers. The passive packaging type market is also observing swift innovation in advanced temperature monitoring tools with a growing ability to monitor the temperature in real-time through the transit period.

End-user Industry Insights

Temperature controlled packaging solutions are designed to maintain better and protect temperature-sensitive products to confidently ship it over extended logistics cycles. This enables to deviate from costly shipping methods used to ship goods in the end-use industry. The packaging solutions as a simple instrument for marketing is changing to match the needs of various industry. New types of temperature controlled packaging have been and will be developed to meet the needs of the end-use industry. Apart from features of safety, quality, and distribution already outlined, temperature controlled packaging act as a potential marketing tool. The use of one or more types of temperature controlled packaging would increase the shelf-life of the product. Nevertheless, the development and implementation of packaging would depend on the acceptance and cost-effectiveness for the industry. Further, growth in globalization and the emergence of new technology drive the temperature controlled packaging market.    


Rest of APAC Temperature Controlled Packaging Market by End-User

Rest of APAC Temperature Controlled Packaging Market by End-User
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Temperature Controlled Packaging Market: Strategic Insights

temperature-controlled-packaging-market
Market Size Value inUS$ 5.12 Billion in 2018
Market Size Value byUS$ 8.71 Billion by 2027
Growth rateCAGR of 6.1% from 2019-2027
Forecast Period2019-2027
Base Year2019
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Acquisition strategy is commonly adopted by companies to expand their footprint across the North America and European region to meet the growing demand. The players present in the temperature controlled packaging market also adopted the strategy of market initiative and product development to enlarge customer base across the world, which also permits the players to maintain their brand name globally.

Temperature Controlled Packaging Market – By Packaging Type

  • Active
  • Passive
    • Single-use
    • Multi-use

Temperature Controlled Packaging Market – By End-user Industry

  • Pharmaceutical
  • Healthcare
  • Others

Temperature Controlled Packaging Market – By Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia-Pacific

    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • Middle East & Africa

    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of Middle East & Africa
  • South America

    • Brazil
    • Argentina
    • Rest of South America

Company Profiles

  • ACH Foam Technologies, LLC
  • Cold Chain Technologies, Inc.
  • Pelican BioThermal LLC
  • Sofrigram SA Ltd.
  • Sonoco Products Company
  • Tempack Packaging Solutions, S.L.
  • Exeltainer
  • Cryopak A TCP Company
  • Softbox Systems Ltd.
  • Sorbafreeze Ltd
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Packaging Type ; End-user

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are reasons behind Europe temperature controlled packaging market growth?

Surge in demand from end-user industries especially healthcare and pharmaceutical industries is expected to drive the growth of European temperature controlled packaging market. Furthermore, the growing emphasis towards ensuring quality of the goods through ensuring the integrity of temperature sensitive goods during transit among small & medium enterprise owners is also anticipated to propel the market growth during the coming years.

Who are the prominent market players in the temperature controlled packaging solutions market?

Presently, the temperature controlled packaging solution market constitutes a notable number of market players with regional focus offering multiple market related solutions. However, selected number of companies such as Tempack Packaging Solutions SL, Cold Chain Technologies Inc., Sonoco Products Company, Eutecma GmbH, and ACH Foam Technologies LLC among few others are some the prominent companies operating in the North America and European region.

What are the advantages of passive temperature controlled packaging technology type?

The passive temperature controlled packaging technology offer substantial advantages in terms of cost efficiency, energy requirements, and volume flexibility especially in short transit compared to active technology which is more suitable for bulk shipment. Moreover, rise in adoption of multi-use passive solution among cold logistics service and transportation providers is also projected to enable the technology popularity among small and medium enterprise owners.

The List of Companies - Temperature Controlled Packaging Market

  1. ACH Foam Technologies, LLC
  2. Cold Chain Technologies, Inc.
  3. Pelican BioThermal LLC
  4. Sofrigram SA Ltd.
  5. Sonoco Products Company
  6. Tempack Packaging Solutions, S.L.
  7. Exeltainer
  8. Cryopak A TCP Company
  9. Softbox Systems Ltd.
  10. Sorbafreeze Ltd

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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