Temperature Controlled Packaging For Pharmaceutical Market Revenue, Future Scope, Trends, Key Players And Forecast To 2023
Summary
Global Temperature Controlled Packaging for Pharmaceutical Market Size, Share, Growth, Trends: By Product (Insulated Shippers and Insulated Containers), By Type (Active Systems and Passive Systems), By Temperature Range (Up to 10°C, 10°C to 20°C and More than 20°C), By Payload Capacity (Up to 10 L, 10-20 L, 20-40 L, 40-150 L and More than 150 L), By Type of Use (Single Use and Reusable), By End-Use Industry (Pharmaceutical and Clinical Trial) and By Region - Forecast Till 2023
Market Study
The rise in need to meet pharmaceutical industry standards to deliver temperature-sensitive products, such as lab samples and vaccines is driving the need for temperature controlled packaging. Market Research Future (MRFR), in its latest report reveals the impact of COVID-19 pandemic on the temperature controlled packaging market 2020.
Regional Analysis
In North America, the Temperature Controlled Packaging for Pharmaceutical market is observed to hold great potential. Factors that are responsible for the rise of the market in the region are stringent safety policies of pharmaceutical products. The US and Canada can rise at a high pace across the review period.
In Asia Pacific, the temperature controlled packaging for pharmaceutical products market holds several growth prospects. The high investment in R&D rise in pharmaceutical spending by government of different countries of the region can support the expansion of APAC market.
Competitive Landscape
DB Schenker, Sonoco ThermoSafe, Cold Chain Technologies, Sofrigam, United Parcel Service of America, Inc. (UPS), , KUEHNE + NAGEL INC, Softbox Systems Limited DHL International GmbH, Pelican Bio Thermal, Envirotainer AB, Storopack va-Q-tec AG, and Hans Reichenecker GmbH are some notable players in the world Temperature Controlled packaging for pharmaceutical market.
Market Segmentation
Temperature range, end-use industry, product, type, payload capacity, and type of use are parameters used for the global Temperature Controlled packaging for pharmaceutical market segment study.
The product-based segments of the Temperature Controlled packaging for pharmaceutical market are insulated containers and insulated shippers. The insulated shippers segment can dominate the market across the review period.
The type based segments of the global Temperature Controlled packaging for pharmaceutical market are re-usable and single-use. The single-use segment can value above USD 4,549.1 Mn on the conclusion of the review period.
The end-use based segments of the Temperature Controlled packaging for pharmaceutical market are clinical trialand pharmaceutical. The pharmaceutical segment can thrive at 10.08% CAGR in the forecast period.
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