Temperature-controlled Packaging Solution Market Size, Share, Opportunities, And Trends By System Type (Active, Passive), By Product Type (Insulated Shippers (Panel And Envelopes, Eps Shippers, Others), Insulated Containers (Chest Style, Upright Style, Others), By Application (Frozen, Chilled, Ambient), By End-user (Healthcare, Food And Beverages, Others), And By Geography - Forecasts From 2024 To 2029

The temperature-controlled packaging solutions market was valued at US$15.881 billion in 2022 and is expected to grow at a CAGR of 6.97% during the forecast period.

The expansion of the bio-pharmaceutical Market is a significant factor in the expansion of the global temperature-controlled packaging solutions market. The biopharmaceuticals industry, now valued as a multi-billion-dollar industry, is anticipated to increase at a significant pace over the projected period. Ensuring the required temperature for shipping organs, blood, plasma, and vaccines is crucial since it directly impacts the quality of the medications. Therefore, the market for temperature-controlled packaging solutions benefits from expansion in the biopharmaceutical sector. The rapidly growing demand for frozen meals is another factor driving market expansion.

Introduction:

Temperature-controlled packaging is made particularly to regulate the temperature of the goods during shipping so that it is secure and unharmed by temperature variations. The pharmaceutical, and food and beverage industries have a very high need for temperature-controlled packaging. Due to the increase in demand for frozen and ready-to-eat foods, which is mostly driven by time restraints, the healthcare industry has significantly impacted the market. This is because it is necessary to preserve the product's quality and shelf life along the supply chain by preserving its internal temperature. The rise of consumer demand for fresh and frozen food on a worldwide basis is a major driver of the temperature-controlled packaging market's expansion. The rising demand for frozen food products is a result of people's changing lives and time restraints. The expansion of the temperature-controlled packaging market is mostly due to the pharmaceutical industry's use of temperature-controlled packaging as a key tool for extending the quality and shelf life of pharmaceutical products and medications. The demand for temperature-controlled packaging solutions that can securely convey perishables, such as food products, flowers, etc. over long distances, is expected to increase as online shopping becomes more and more popular.

Drivers:

• Growing demand for frozen food is boosting market growth: The increased demand for fresh and frozen food globally is one of the key factors projected to drive the rise of the global market for temperature-controlled packaging solutions. Worldwide, demand for frozen meals has increased as a result of evolving lifestyles and busy schedules. Time restrictions are the main factor driving consumers' inclinations toward packaged food. These frozen commodities require a precise temperature for delivery, this has resulted in a growth in the consumption of frozen meals and consequently boosting market expansion.
• Rising demand from the pharmaceutical industry is fueling market expansion: One of the key reasons anticipated to boost the growth of the worldwide market for temperature-controlled packaging solutions is the pharmaceutical industry's expansion of product types. The pharmaceutical industry's broad range of applications is significantly boosting demand for goods with temperature control in packaging. By maintaining the interior temperature, temperature-controlled pharmaceutical packaging solutions are a crucial tool for risk management and maintaining product quality during the supply chain phase.
• Advent of rental options also creating market opportunities: Due to the high prices of strong insulated containers, several rivals in the market for temperature-controlled packaging solutions are now providing rental possibilities. A small number of companies, most of which are situated in developed nations, now provide pharmaceutical manufacturers with temperature-controlled packaging rentals which is positively influencing market dynamics.
• Increasing demand for organic food is driving market growth: The demand for organic food products has increased recently, which necessitates a greater adoption of suitable solutions for temperature-controlled packaging. Food logistics temperature management is crucial since natively grown or organic items are very sensitive to temperature variations. Therefore, the passive cooling strategy might be advantageous for those who produce and distribute organic food. In these circumstances, temperature-controlled shipper packaging is more cost-effective.

Products offered by key companies:

• CoolGuard Advance, Pelican BioThermal LLC: The single-use, temperature-controlled CoolGuardTM Advance shippers can hibernate at any time during travel and are engineered for maximum performance. Simple pack-out is provided by standardized parts, which may be switched out using CoolGuard PCM shippers for maximum flexibility. Phase change material and vacuum insulation panels are used in CoolGuardTM Advance cold chain shippers to decrease excursions, boost compliance, and offer an affordable total cost of ownership for life sciences enterprises. With durations of up to 120 hours, temperature ranges include choices for freezing and refrigeration.
• The Pegasus ULD, Sonoco Products Company: Sonoco is providing the Pegasus ULD®, the first passive unit load device (ULD) on the market, for the transportation of large volumes of life science items. The Pegasus ULD® provides a straightforward, clever, and environmentally friendly alternative to conventional temperature-controlled containers by utilizing cutting-edge cooling technology and integrated telemetry.

The prominent growth in the Food and beverages sector under the End-User segment

Due to the growing use of these packaging solutions for frozen and perishable food items, the food and beverage category saw a larger revenue share and is expected to expand significantly over the forecast period. Fresh produce, dairy products, meats, seafood, and baked goods are perishable foods that need to be refrigerated or packaged in controlled environments to preserve their flavor, texture, and nutritional content. The need for packaging solutions that can sustain low temperatures for frozen goods, such as frozen dinners, ice cream, and frozen desserts, prevents melting and preserves product quality, which furthers the segment's growth.

The North American region is expected to hold a significant share of the temperature-controlled packaging solutions market:

The North American region dominated the market and is poised to expand significantly over the forecast period. The growth can be linked to the country's thriving healthcare industry, which in turn fuels the desire for temperature-controlled packaging technologies used to carry and store drugs, immunizations, biologics, and medical equipment that are sensitive to changes in temperature. In addition, there is a need to make sure that perishable items, such as groceries, meal kits, and prepared foods, are delivered to customers at the proper temperatures given the growing trend of online grocery shopping and food delivery. To protect the integrity and safety of these goods throughout transit, temperature-controlled packaging solutions, including insulated shippers and containers, are essential, which further fuels market expansion in the area.

Key developments:

• In August 2023, Ranpak unveiled the RecyCold climaliner, a thermal liner made of paper that serves the market for temperature-controlled packaging solutions, particularly in the e-commerce and industrial industries. This ground-breaking methodology aids in preserving product temperatures within their appropriate range for up to 48 hours. The climaliner technology offers a range of temperature ranges, making it appropriate for ambient, chilled, and frozen items. This is advantageous for applications like meal kits, ready meals, online groceries, and specialty foods.
• In September 2022, Varcode and the National Packaging Group (NPG) signed a strategic cooperation agreement to create, produce, market, and distribute cutting-edge, intelligent packaging solutions for temperature-sensitive goods. In accordance with the agreement, NPG will incorporate Varcode's proprietary Smart TagTM technology into its production operations, establishing a single source for digitally enabled packaging solutions to enhance the transportation of cold chain foodstuffs.
• In March 2022, Cold Chain Technologies, LLC, a leading worldwide manufacturer of thermal packaging solutions for the transportation of temperature-sensitive goods, bought Packaging Technology Group, LLC, one of the providers of recyclable, ecologically friendly thermal packaging solutions for the life sciences industry. With a 100% curbside recyclable and ecologically friendly solution, the innovative design and production methods offer time-temperature performance at pharmaceutical-grade standards.

Temperature-controlled Packaging Solution Market Scope:

 

Report Metric	Details
Market Size Value in 2022	US$15.881 billion
Growth Rate	CAGR of 6.97% from 2022 to 2029
Base Year	2022
Forecast Period	2024 – 2029
Forecast Unit (Value)	USD Billion
Segments Covered	System Type Product Type Application End-user Geography
Companies Covered	Pelican BioThermal LLC Sonoco Products Company Sofrigam SA Ltd Deutsche Post AG (DHL) FedEx Corp And more
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope	Free report customization with purchase

 

 Segments

• BY SYSTEM TYPE
  • Active
  • Passive
• BY PRODUCT TYPE
  • Insulated Shippers
    • Panel and Envelopes
    • EPS Shippers
    • Others
  • Insulated Containers
    • Chest Style
    • Upright Style
    • Others
• BY APPLICATION
  • Frozen
  • Chilled
  • Ambient
• BY END-USER
  • Healthcare
  • Food and Beverages
  • Others
• BY GEOGRAPHY
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain  
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. TEMPERATURE-CONTROLLED PACKAGING SOLUTION MARKET, BY SYSTEM TYPE

5.1. Introduction

5.2. Active 

5.3. Passive

6. TEMPERATURE-CONTROLLED PACKAGING SOLUTION MARKET, BY PRODUCT TYPE

6.1. Introduction

6.2. Insulated Shippers

6.2.1. Panel and Envelopes

6.2.2. EPS Shippers

6.2.3. Others

6.3. Insulated Containers

6.3.1. Chest Style

6.3.2. Upright Style

6.3.3. Others

7. TEMPERATURE-CONTROLLED PACKAGING SOLUTION MARKET, BY APPLICATION

7.1. Introduction

7.2. Frozen

7.3. Chilled

7.4. Ambient

8. TEMPERATURE-CONTROLLED PACKAGING SOLUTION MARKET, BY END-USER

8.1. Introduction

8.2. Healthcare

8.3. Food and Beverages

8.4. Others

9. TEMPERATURE-CONTROLLED PACKAGING SOLUTION MARKET, BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. United States

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. United Kingdom

9.4.2. Germany

9.4.3. France

9.4.4. Italy

9.4.5. Spain

9.4.6. Others

9.5. The Middle East and Africa

9.5.1. Saudi Arabia

9.5.2. UAE

9.5.3. Others

9.6. Asia Pacific

9.6.1. Japan

9.6.2. China

9.6.3. India

9.6.4. South Korea

9.6.5. Taiwan

9.6.6. Thailand

9.6.7. Indonesia

9.6.8. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Vendor Competitiveness Matrix

11. COMPANY PROFILES

11.1. Pelican BioThermal LLC 

11.2. Sonoco Products Company

11.3. Sofrigam SA Ltd

11.4. Deutsche Post AG (DHL)

11.5. FedEx Corp

11.6. Cold Chain Technologies

11.7. SKF

11.8. OMEGA Engineering

11.9. Testo SE & Co

11.10. Tempack

Pelican BioThermal LLC

Sonoco Products Company

Sofrigam SA Ltd

Deutsche Post AG (DHL)

FedEx Corp

Cold Chain Technologies

SKF

OMEGA Engineering

Testo SE & Co

Tempack