Global temperature controlled pharmaceutical containers market is estimated to be valued at USD 5.09 Bn in 2024 and is expected to reach USD 10.26 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 5.09 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
10.50% |
2031 Value Projection: |
US$ 10.26 Bn |
Figure. Temperature Controlled Pharmaceutical Containers Market Share (%), By Region, 2024
Global temperature controlled pharmaceutical containers market has been witnessing growth due to increasing demand for temperature-sensitive drugs across the world. Pharmaceutical products such as vaccines, biologics, blood, and plasma require reliable temperature controlled packaging solutions during storage and transportation to maintain their efficacy. Growing pharmaceutical sales, increasing focus on cold chain logistics, and stringent regulations regarding drug transportation and storage can boost demand for temperature controlled pharmaceutical containers in the near future.
Market Dynamics:
Growing demand for biologics and specialty drugs, increasing focus on reduction of wastage across pharmaceutical cold chain, and stringent regulations pertaining to drug transportation and storage are expected to drive the growth of global temperature controlled pharmaceutical containers market during the forecast period. High costs associated with continuous temperature monitoring equipment and lack of harmonized regulatory framework in some countries can hamper the market growth. Growing pharmaceutical outsourcing trend from emerging markets and advancements in reusable system with smart technologies represent high growth opportunities for market players.
Key Features of the Study:
- This report provides an in-depth analysis of the global temperature controlled pharmaceutical containers market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global temperature controlled pharmaceutical containers market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this includes Cold Chain Technologies, Va-Q-Tec AG, Pelican BioThermal Limited, SOFRIGAM GROUP, Sonoco Products Company, Inmark Packaging, Snyder Industries, ACH Foam Technologies, LLC, Cryopak Industries Inc., Saeplast, Exeltainer, OMEGA Engineering, Envirotainer Ltd, Klinge Corporation, American Aerogel Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global temperature controlled pharmaceutical containers market caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global temperature controlled pharmaceutical containers market
Detailed Segmentation-
- By Product Type:
- Insulated Shippers
- Insulated Containers
- Others
- By Control Type:
- By Application:
- By End User:
- Biopharmaceutical Companies
- Research Institutes
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Company Profiles:
- Cold Chain Technologies
- Va-Q-Tec AG
- Pelican BioThermal Limited
- SOFRIGAM GROUP
- Sonoco Products Company
- Inmark Packaging
- Snyder Industries
- ACH Foam Technologies, LLC
- Cryopak Industries Inc.
- Saeplast
- Exeltainer
- OMEGA Engineering
- Envirotainer Ltd
- Klinge Corporation
- American Aerogel Corporation