Temperature Controlled Packaging for Pharmaceutical Market Size Snapshot

Global temperature controlled packaging for pharmaceutical market size is set to increase at 9.48% CAGR between 2018 and 2023. Investment in pharmaceutical packaging has spiraled upwards, signaling towards a favorable status for the market during the projected future. Growing demand for effective packaging solutions in the pharmaceutical industry is primarily driving the market’s growth. In addition, players are likely to find tremendous opportunities in emerging markets over the next several years.

global temperature-controlled packaging for pharmaceutical market is projected to attain a valuation of USD 8,762.4 Mn.

Key Players

Some of the prominent players in the Self-adhesive labels market are Avery Dennison Corporation, Americk Packaging Group, Constantia Flexibles Group Gmbh, SVS Labels, and CCL Industries Inc. H.B. Fuller Company, Müroll GmbH, Coveris Holdings S.A., Royston Labels Ltd., UPM-Kymmene Oyj, Henkel AG & Co., Mondi Group, S&K LABEL spol.sare among others.

Regional Analysis

By region, the global Temperature Controlled Packaging Market Size has been segmented into Europe, North America, Asia Pacific (APAC), and the Rest of the World (RoW).

North America is one of the significant growth pocket for temperature-controlled packaging for pharmaceutical products. Stringent pharmaceutical products safety policies in the region, especially in the US and Canada coupled with the steep growth in the pharmaceutical industry is responsible for driving the growth of the North America market. A considerable rise in R&D investment and innovations within the industry are other growth influencers. The US boasts of one of the largest pharmaceutical industries across the globe and is a key contributor to the North America market.

Europe is an emerging market for temperature-controlled packaging for pharmaceutical products spurred by strict regional goods distribution practices. Additionally, the region has been a frontrunner in the field of innovation and development of novel packaging solutions. Germany is a key contributor to the Europe market where renowned companies such as Bayer, BASF, and Deutsche Post AG (DHL) have their presence. The Europe market is expected to capture a CAGR of 9.42% over the forecast period. 

Research Methodology

Market Research Future (MRFR) employs a multi-layered statistical solution for the analysis of critical market elements to garner highly accurate insights. The advanced data triangulation technique aids in conducting extensive qualitative and quantitative analysis of macroeconomic indicators and governing factors of market such as historical trends, key market dynamics, consumer landscape, possible disruptions, and growth opportunities. Primary and secondary research processes ensure the authenticity and objectivity of the research findings. Primary research process aids in collection of data by conducting one-on-one interviews with key opinion holders across the value chain and undertaking detailed surveys. Secondary research module is utilized for verifying the collected data through inputs from existing industry documentations such as whitepapers, paid databases, annual reports, SEC filings and others. In addition to this, top-down and bottom-up approaches are utilized for optimum evaluation of research findings. 

By Product

• Insulated shippers
• Insulated containers

By Type

• Active systems
• Passive systems

By Temperature Range

• Up to 10°C
• 10°C to 20°C
• More than 20°C

By Payload Capacity

• Up to 10 L
• 10-20 L
• 20-40 L
• 40-150 L
• More than 150 L

By Type of Use

• Single use
• Reusable

By End-Use Industry

• Pharmaceutical
• Clinical trial

By Region

• North America
• Europe
• Asia Pacific
• The Middle East & Africa (MEA)
• Latin America

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