DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Temperature Controlled Packaging Solutions Market by Type (Active, Passive), Product (Insulated Shippers, Insulated Containers, Refrigerants), End-Use Industry (Food & Beverages, Healthcare), and Region - Global Forecast to 2021" report to their offering.
The temperature controlled packaging solutions market is projected to reach USD 11.82 Billion by 2021, at a CAGR of 9.7% from 2016 to 2021.
The key factor driving the temperature controlled packaging market is the growth in the pharmaceutical industry.
The major end-use industries of the temperature controlled packaging solutions market are food & beverages, healthcare, and others, which include biomedical and chemical industries. Maintaining the desired temperature range for a predefined time is essential for temperature-sensitive products. Temperature fluctuation might degrade the quality of perishable goods. Temperature controlled packaging solutions help address this issue.
Temperature controlled packaging encompasses an outer protective packaging layer, an inner insulation layer, and refrigerants that surround the actual product. This helps maintain a prescribed temperature range and prevents degradation of products.
The healthcare end-use industry segment is expected to grow at the highest CAGR during the forecast period. This growth is mainly attributed to the increasing usage of temperature controlled packaging solutions to ship vaccines and specialty drugs.
- Growth in the Pharmaceutical Industry
- Stringent Rules & Regulations Formulated By Government Agencies
- High Potential Growth Markets for Insulated Packaging
- Rise in Raw Material Costs
- Amerisourcebergen Corporation
- Cold Chain Technologies, Inc.
- Deutsche Post Ag (Dhl)
- Envirotainer Ab
- Fedex Corporation
- Inmark Inc.
- Pelican Biothermal Llc
- Softbox Systems Limited
- Sonoco Products Company
- Tempack Packaging Solutions, S.L.
- United Parcel Service, Inc.
- Va-Q-Tec Ag
For more information about this report visit http://www.researchandmarkets.com/research/sszlvx/temperature