Temperature Controlled Packaging Solutions Market Growing At CAGR Of 10.0% Globally With Players Like Sofrigam, Cold chain technologies, Tempack packaging solutions

Global Temperature Controlled Packaging Solutions Market
Global Temperature Controlled Packaging Solutions Industry Forecast 2018

The real end-utilize enterprises of the temperature controlled packaging solutions market are sustenance and drinks, human services, and others, which incorporate biomedical and concoction businesses. Keeping up the coveted temperature extend for a predefined time is basic for temperature-delicate items. Temperature change may debase the nature of transitory products. Temperature controlled packaging solutions help address this issue. Temperature controlled packaging incorporates an external defensive packaging layer, an internal protection layer, and refrigerants that encompass the real item. This keeps up a recommended temperature go and averts debasement of items. The medicinal services end-utilize industry section is relied upon to develop at the most noteworthy CAGR amid the figure time frame. This development is primarily ascribed to the expanding use of temperature controlled packaging solutions to send antibodies and claim to fame drugs

Global Temperature controlled packaging solutions market is expected to reach USD 75,113.00 million by 2025 from USD 35,700.00 million in 2017, growing at a CAGR of 10.0% in the forecast period 2018 to 2025.

 

The major factors contributing to the growth of the market includes factors such as increasing volume and variety of business data. On the other hand, lack of integration with legacy systems may hinder the growth of the market. The market is further segmented into Products and Services, Type, Industry,  Geography.

 

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North America Industry Segmentation:

North America temperature controlled packaging solutions market is expected to reach USD 23,448.85 million by 2025 from USD 11,959.50 million in 2017, growing at a CAGR of 9.0% in the forecast period 2018 to 2025.

 

By Product and Services: Services segment is estimated to rule with 68.1% shares and will cross USD 16,217.80 million by 2025, rising at the CAGR of 9.3%.

By Material: Passive system segment is estimated to rule with 64.9% shares and will cross USD 14,795.72 million by 2025, rising at the CAGR of 8.6%. However, Active system segment is expected to grow at the highest CAGR of 9.8% in the forecast period, and is expected to reach USD 8,653.13 million in 2025 from USD 4,168.84 million in 2017.

By Industry: Food & beverages segment is estimated to rule with 53.0% shares and will cross USD 12,143.96 million by 2025, rising at the CAGR of 8.7%. However, Healthcare segment is expected to grow at the highest CAGR of 9.9% in the forecast period, and is expected to reach USD 8,297.25 million in 2025 from USD 3,965.53 million in 2017.

 

Europe Industry Segmentation:

 

By Product and Services: Services segment is estimated to rule with 69.8% shares and will cross USD 16,025.05 million by 2025, rising at the CAGR of 10.1%.

By Material: Passive system segment is estimated to rule with 66.5% shares and will cross USD 14,664.33 million by 2025, rising at the CAGR of 9.5%. However, Active system segment is expected to grow at the highest CAGR of 10.7% in the forecast period, and is expected to reach USD 7,987.98 million in 2025 from USD 3,606.28 million in 2017.

By Industry: Food & beverages segment is estimated to rule with 57.7% shares and will cross USD 12,730.90 million by 2025, rising at the CAGR of 9.5%. However, Healthcare segment is expected to grow at the highest CAGR of 10.8% in the forecast period, and is expected to reach USD 7,641.23 million in 2025 from USD 3,421.78 million in 2017.

 

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Asia-Pacific Industry Segmentation:

 

By Product and Services: Services segment is sub segmented into airways, waterways and roadways. In 2018, services segment is estimated to rule with 70.0% shares and will cross USD 16813.79 million by 2025, rising at the CAGR of 11.5%.

By Material: Passive system segment is estimated to rule with 66.3% shares and will cross USD 15318.66 million by 2025, rising at the CAGR of 10.9%. However, Active system segment is expected to grow at the highest CAGR of 12.1% in the forecast period, and is expected to reach USD 8397.32 million in 2025 from USD 3423.16million in 2017.

By Industry: Food & beverages segment is estimated to rule with 58.4% shares and will cross USD 13498.68 million by 2025, rising at the CAGR of 10.9%. However, Healthcare segment is expected to grow at the highest CAGR of 12.3% in the forecast period, and is expected to reach USD 7935.54 million in 2025 from USD 3204.30 million in 2017.

 

Global Industry Segmented by key market players for global temperature controlled packaging solution are listed below:

  • Sofrigam,
  • Cold chain technologies,
  • Tempack packaging solutions, s.l.,
  • Intelsius – a dgp company
  • Softbox
  • Inmark inc
  • Ds smith,
  • United parcel service, inc,
  • Deutsche post ag,
  •  pelican biothermal,
  •  sonoco products company
  • Fedex.
  • Amerisourcebergen
  • Va-q-tec ag
  • Csafe
  • Dokasch group
  • Skycel

 

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