Published Date: 21-Feb-2023
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According to a new report, published by KBV research, The Global Passive Temperature Controlled Packaging Market size is expected to reach $18.1 billion by 2028, rising at a market growth of 9.2% CAGR during the forecast period.
The Insulated Shipper market is experiencing a CAGR of 10.5% during (2022 - 2028). The insulated shippers can transport highly temperature-sensitive items ranging from 4 to 100 liters throughout several industrial sectors. The insulated shippers are also considered for the effective transportation of sensitive products like vaccines and blood.
The Transportation market is leading the segment in the Global Passive Temperature Controlled Packaging Market by Business in 2021; thereby, achieving a market value of $11.8 Billion by 2028. The demand in this segment is increasing due to increasing need to transport the pharmaceuticals cross-borders or at distant areas.
The Pharmaceuticals market is showcasing a CAGR of 9.5% during (2022 - 2028). The outbreak of the COVID-19 pandemic has raised the clinal trial supply and logistics processes. Moreover, various products are being manufactured by the pharmaceutical industry which sometimes consist of high-value ingredients with less shelf-life and carry stringent temperature requirements.
The Asia Pacific market dominated the Global Passive Temperature Controlled Packaging Market by Region in 2021; thereby, achieving a market value of $6.5 Billion by 2028. The Europe market is poised to grow at a CAGR of 9% during (2022 - 2028). Additionally, The North America market would witness a CAGR of 8.5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/passive-temperature-controlled-packaging-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Sonoco Products Company, Deutsche Post DHL Group (The Deutsche Post AG), FedEx Corporation, AmerisourceBergen Corporation, Cold Chain Technologies (Aurora Capital Partners), Csafe Global (Softbox Systems), Sofrigam S.A., Atlas Roofing Corporation (Atlas Molded Products) (Hood Companies, Inc.), Intelsius (DGP Group) and Peli BioThermal Limited (Pelican Products, Inc.)
By Product Type
By End Use
Unique Offerings from KBV Research
North America Passive Temperature Controlled Packaging Market size & Opportunities 2022-2028
Europe Passive Temperature Controlled Packaging Market & Growth Forecast 2022-2028
Asia Pacific Passive Temperature Controlled Packaging Market Share & Industry Outlook to 2028
LAMEA Passive Temperature Controlled Packaging Market Growth, Trends & Forecasts 2022-2028