This professional and specialized report study examines the technical and business perspective of the Passive Temperature-Controlled Packaging Solutions industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Passive Temperature-Controlled Packaging Solutions market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall Passive Temperature-Controlled Packaging Solutions market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Kilotons) and value (USD Billion) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Passive Temperature-Controlled Packaging Solutions market in our study.
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Passive Temperature-Controlled Packaging Solutions market. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Passive Temperature-Controlled Packaging Solutions market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Passive Temperature-Controlled Packaging Solutions market.
The research study provides a critical assessment of the Passive Temperature-Controlled Packaging Solutions industry by logically segmenting the market on the basis of product, distribution channel and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the Passive Temperature-Controlled Packaging Solutions industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Passive temperature-controlled packages are normal water-based thermal insulated containers. Passive temperature-controlled packaging systems don’t rely on external power sources. Passive temperature-controlled packaging systems depend on initial and final temperatures od the product. Passive temperature-controlled packages are insulated with polystyrene, polyurethane or vacuum insulated panels. The manufacturer creates a thermally insulated container by using gel packs or various phase change materials. Combined with insulated materials, passive temperature-controlled packages provide the required temperature control range. Passive temperature-controlled packages can be used for reverse logistics capabilities, also supplier can re-use the packages for product return and redistribution. These packages don’t regulate the temperature, they offer autonomy. Passive temperature-controlled packaging solutions are used for drug delivery, air transport, etc. But these systems are best suited for materials shipped within a short transition period. Passive temperature-controlled packages are less expensive than active temperature-controlled packages.
Increasing demand for temperature-controlled packaging solutions by the pharmaceutical industry, healthcare sector for effective transportation of medicines and vaccines under exacting temperature ranges.Growing demand for preserving and maintaining the usability of products like food and beverage items. This demand is likely to propel the growth of the passive temperature-controlled packaging solutions market. Furthermore, the rapidly increasing processed food industry is anticipated to create more opportunities for the market.
Based on the type, the market is segmented into One-way and Returnable. Based on the temperature range segment, the market is segmented into Below -20 Degree, -20 to 0 Degree, 0 to 15 Degree and 15 to 25 Degree. 0-15 degree segment is likely to dominate in the near future. This is majorly due to the considerable use of this segment for different applications. 0-15 degree segment has significant applications in the pharmaceutical and pharma industry.
Some of the essential players operating in the Passive Temperature-Controlled Packaging Solutions market, but not restricted to include Pelican BioThermal LLC, Sonoco Products Company, Cold Chain Technologies, Inc., FedEx Corp., AmerisourceBergen Corp., Deutsche Post AG (DHL), Softbox, va-Q-tec AG, Saeplast, Sofrigam SA Ltd., Snyder Industries Inc., ACH Foam Technologies, LLC, Cryopak, Inmark Packaging, Tempack among others.
Key Insights from Primary Research
Key Recommendations from Analysts
Passive temperature-controlled packaging solutions – Cost Structure
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