PUBLISHER: Market Research Future | PRODUCT CODE: 1549983
PUBLISHER: Market Research Future | PRODUCT CODE: 1549983
Global Temperature-controlled Packaging for Pharmaceutical Market Research Report Information by Product (Shippers and Containers), by Type (Active System and Passive System), by Temperature Range (-20°C and Below, -20°C to 0°C, 2°C to 8°C, 8°C to 25°C, and Above 25°C), by Payload Capacity (Up to 10 L, 10 L - 20 L, 20 L - 40 L, 40 L - 150 L, and Above 150 L), by Use (Single Use and Reusable), Medicine Type (Temperature Sensitive Pharmaceutical Drugs, Vaccine, and Regenerative Medicine), by End-use Industry (Pharmaceuticals and Clinical Trails), and by Region (North America, Europe, Asia Pacific, and Rest of the World) - Forecast Till 2030
A compound annual growth rate (CAGR) of 9.2% is anticipated for the Global Temperature-controlled Packaging for Pharmaceutical industry during the forecast period.
The Temperature-controlled Packaging for Pharmaceutical Market is being driven by the Pharmaceutical Industry's growth, the adoption of intelligent cold chain technology, and a variety of government initiatives to support the regional pharmaceutical industry.
The expansion of temperature-controlled packaging for the pharmaceutical market has been facilitated by the increasing demand for packaging in the pharmaceutical industry. Temperature-controlled packaging for pharmaceuticals is intended to ensure that sensitive products are maintained at the appropriate temperature. The healthcare industry is the primary application of these packaging solutions for the transportation and storage of temperature-sensitive products in a controlled temperature environment.
Market segment insights
The Temperature-controlled Packaging for Pharmaceutical Market is segmented into Shippers and Containers based on the product.
The market is segmented into Active System and Passive System based on type.
The Pharmaceutical Market's Temperature-controlled Packaging is segmented into the following categories: -20°C and Below, -20°C to 0°C, 2°C to 8°C, 8°C to 25°C, and Above 25°C.
The market is segmented into five categories: Up to 10 L, 10 L - 20 L, 20 L - 40 L, 40 L - 150 L, and Above 150 L, all of which are based on payload capacity.
The Temperature-controlled Packaging for Pharmaceutical Market is categorized as either Single Use or Reusable, depending on its intended use.
The Temperature-controlled Packaging for Pharmaceutical Market is segmented into Temperature Sensitive Pharmaceutical Drugs, Vaccine, and Regenerative Medicine, based on the type of medicine.
The Market is segmented into Pharmaceuticals and Clinical Trials based on the end use industry.
Regional Perspectives
In 2023, North America held the largest market share and is anticipated to experience the highest compound annual growth rate (CAGR) during the forecast period. North America is anticipated to be a highly profitable market during the forecast period as a result of the high disposable income levels, numerous patients, and a variety of lifestyle disorders. A expanding geriatric population, in conjunction with pharmaceutical product safety regulations, may increase regional market demand. Increased international trade and bilateral trade agreements may be advantageous to the market.
Asia Pacific has the second largest market share in the global temperature-controlled packaging for pharmaceuticals. It is expected to increase at a revenue-based CAGR during the forecast period. APAC is considered to be highly profitable due to the increase in infectious diseases and the need for cold chain solutions to preserve vaccines. In order to optimize their financial revenues, the Temperature-controlled Packaging for Pharmaceutical Market's most prominent participants may concentrate on the highly promising Asian countries.
In 2017, the European Union (EU) authorities implemented a series of new criteria for pharmaceutical packaging that were directed at counterfeit pharmaceuticals. It is anticipated that Europe will experience substantial growth during the projection period. EU authorities have implemented anti-counterfeiting technologies, including overt, clandestine, and forensic technology, in pharmaceutical packaging. As a result, pharmaceutical packaging companies in the region are continuing to refine their packaging methods and procedures.
Africa, South America, and the Middle East comprise the Rest of the World. The Middle East & Africa market is anticipated to experience a substantial increase in the coming years due to the increasing per capita disposable income, healthcare awareness, and pharmaceutical and drug consumption.
Sonoco Thermosafe, UNITED PARCEL SERVICE AMERICA, INC, kaneka Corporation, DHL International GmbH, Deutsche Bahn AG, Cold Chain Technologies, LLC, EMBALL'ISO, Inmark, LLC, kuehne + nagel inc., and CSafe Globalva-Q-tec AG are among the key companies in the Temperature-controlled Packaging for Pharmaceutical Market.
SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
SECTION III: QUALITATIVE ANALYSIS
SECTION IV: QUANTITATIVE ANALYSIS
SECTION V: COMPETITIVE ANALYSIS