As you need to know who handles your product and how well it is handled, the packaging is designed to protect products from physical damage and harm provoked by exterior factors such as vibration, temperature, humidity, and more. Therefore, finding an effective means of shipping their goods worldwide is a key issue for most industrial sectors. This is where temperature controlled packaging comes into play.
Temperature controlled packaging market is expanding significantly due to a rise in the demand for frozen foods and biopharmaceutical products. Throughout the whole process of manufacture and delivery, many items, including enzymes, vaccines, and other temperature-sensitive materials, require exact temperature control.
What is Temperature Controlled Packaging?
Temperature controlled packaging, or cold chain packaging, describes packaging and transportation systems designed primarily to maintain products at a constant temperature from processing through final sale.
Also, temperature controlled packaging options were initially developed to safeguard temperature-sensitive goods (frozen or chilled) during transit. Still, they have since expanded to include packaging that shields goods at a constant room temperature from extreme outside temperatures.
Benefits of the Temperature Controlled Packaging
Here are some of the benefits why you must choose temperature controlled packaging market for your products:
- Ensures the product integrity
- Customer happiness
- It saves money
- Distribution standards
- Meets industry standards and regulations
The Increasing Demand for Temperature Controlled Packaging
The pharmaceutical company’s priority on maintaining product integrity and efficacy along the entire supply chain emphasizes the crucial role of temperature-controlled packaging in maintaining these cutting-edge healthcare items’ therapeutic efficacy and quality. Additionally, the pharmaceutical industry’s strict requirements for maintaining the proper temperature range throughout storage and transportation require temperature controlled packaging solutions.
Furthermore, these technologies offer essential temperature monitoring, control, and insulation to guarantee that biopharmaceutical products stay within the predetermined temperature ranges, driving the temperature controlled packaging industry growth.
Passive Systems Sector Accounts for the Largest Share
In 2022, the passive market category held the highest temperature controlled packaging market share. This is explained by passive systems being more economical and environmentally friendly than active systems. Without requiring external power or mechanical components, passive systems offer temperature stabilization and thermal insulation to temperature controlled packaging solutions.
Insulated Shippers Hold the Significant Share
Due to the growing demand for dependable temperature controlled packaging solutions for delivering individual or smaller quantities of goods across numerous industries, the market for insulated shippers is predicted to continue strong.
Moreover, to preserve the quality of their priceless and delicate cargoes and maintain ideal temperature conditions, the food, pharmaceutical, and healthcare industries depend on insulated shippers.
Leading Regions in the Industry
Due to a boom in cross-border commerce of temperature-sensitive agricultural goods, the Asia Pacific region experienced a consistent increase. By implementing effective packaging solutions, exporters can retain market competitiveness and meet quality standards. There is an increasing need for effective temperature controlled packaging options as the trade of these temperature-sensitive agricultural products grows.
Moreover, the temperature controlled packaging market in North America is dominating the market. The region’s thriving healthcare industry creates a sizable need for temperature controlled packaging solutions. These solutions are essential to maintain the integrity and effectiveness of temperature-sensitive medications, biologics, vaccines, and medical devices during shipping and storage.
Final Thoughts
Increased requirement for frozen foods and biopharmaceuticals, such as enzymes, vaccines, and others, which need a consistent temperature throughout their production-to-distribution cycle, drives the market for temperature controlled packaging solutions.
In fact, the global temperature controlled packaging market was valued at USD 34.87 billion in 2022 and is expected to grow to USD 74.72 billion at a CAGR of 7.9% during the forecast period of 2032.