Cold Chain Packaging Market

The cold chain is a critical part of the delivery process for pharmaceutical and biotech products. These companies are able to ship products both domestically and internationally, which means they need thermal packaging that will withstand any shipping scenario. In addition to commercial distribution, cold chain packaging is critical to clinical trials. Proper packaging ensures the safety of drugs and accurate clinical results. Cold chain packaging is one way to ensure that products stay at their desired temperatures.

Perishable products in cold chains include vaccines, ice cream, and medical supplies. Without the correct temperature, these products will spoil, compromising public health and safety. Many pharmaceutical products require specific temperatures to prevent premature aging. Wine and frozen desserts must be frozen for extended periods of time to avoid bacterial growth. The same is true for perishable meat and poultry. Excess heat can cause bacterial growth and make the products dangerous.

Market Dynamics:

Expanding healthcare and pharmaceutical industry around the globe is driving demand for advanced packaging solution for storing medicines. This is expected to augment the growth of cold chain packaging market. Increasing demand for frozen food products due to changing eating patterns of consumers is again expected to drive the market growth of the market.

On the other hand, strict regulation regarding packaging material coupled with the increasing price of raw material used for developing packaging solution are major factors expected to hinder the market growth.

Key features of the study:

• This report provides in-depth analysis of the global Cold Chain Packaging market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global Cold Chain Packaging market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Pelican BioThermal LLC, Sonoco Thermosafe, Cold Chain Technologies Inc., Cryopak, Sofrigam Company, Intelsius (A DGP Company), Coolpac, Softbox Systems Ltd, Clip-Lok SimPak, and Chill-Pak
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global Cold Chain Packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Cold Chain Packaging market

Detailed Segmentation:

• Global Cold Chain Packaging Market, By Product:
• • Insulated Containers
  • Refrigerants
  • Temperature Monitoring
• Global Cold Chain Packaging Market, By End-User Application:
• • Food
  • Dairy
  • Pharmaceutical
  • Other End-user Applications
• Global Cold Chain Packaging Market, By Geography:
• • North America
  • Europe
  • Asia-Pacific
  • Rest of the World