Press release
Temperature Controlled Packaging Solutions Market | Key players operating in the market include Sonoco Products Company, Cold Chain Technologies, Va-Q-Tec AG, Pelican BioThermal, Softbox Systems
According to recent market research "Temperature Controlled Packaging Solutions Market by Type (Active, Passive), Product, Usability (Single, Reuse), Revenue type (Product, Service), End-Use Industry (Pharma and Biopharma) & Region - Trends and Forecasts Up to 2026", size is estimated to be USD 34.4 billion in 2021 and is projected to reach USD 80.1 billion by 2026, at a CAGR of 18.4% between 2021 and 2026 Biopharma and Pharma are major end-use industries for TCP market. It includes Vaccines, drugs, enzymes, tissues, gene therapies, cell therapies and others are some examples of the product from the industries. These products require a lower temperature for shipping. In 2020, due to the COVID-19 pandemic, the demand for the COVID-19 vaccine, cell and gene therapies, other flu vaccines have increased significantly. The growing demand for pharmaceutical products is driving TCP market during the forecast period. Moreover, utilisation of advance insulation material in packaging and increasing demand of reusable container due to lower environment impact are other driving factors for TCP market.Browse 217 market data Tables and 52 Figures spread through 226 Pages and in-depth TOC on "Temperature Controlled Packaging Solutions Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/temperature-controlled-packaging-solutions-market-5227701.html
Pharma industries include products that are derived from synthetic or chemical processes (artificial sources). The medicines, raw materials, active pharmaceutical ingredients (API), and other drugs require a temperature-controlled environment to maintain their efficacy and other properties. The demand for pharma products is growing steadily across the globe and for safe & secure distribution, these products are shipped in temperature-controlled packaging (TCP) solutions. The growing demand for pharmaceutical products expects to drive the market for temperature-controlled packaging solutions during the forecast period.
Single-use packaging systems are basic containers that are suitable for one shipment. These containers are a lightweight and an inexpensive option for shipment of temperature sensitive products. The single-use products provide a low total cost of ownership (TCO) to its customers. The growing demand for pharmaceutical or biopharma products (Vaccines, cell and gene therapy, and clinical trials) is expected to drive the market for single-use packaging systems in the forecast period.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=5227701
The global TCP market size is estimated to be USD 34.4 billion in 2021 and is projected to reach USD 80.1 billion by 2026, at a CAGR of 18.4% between 2021 and 2026. The TCP market is expected to witness steady growth forecast period due to growth in Biopharmaceuticals amid COVID-19 pandemic. Moreover, the increase in demand for reusable containers and utilisation of advanced insulation material for passive system is driving the TCP market. The adoption of digitization and focus towards green initiatives to minimize environment impact are opportunities in TCP market.
Temperature-controlled packaging solution is involved in maintaining the desired temperature range for a predefined time for temperature-sensitive products. Pharma and Biopharma are end-use industries for Temperature-controlled packaging solutions. The products from these industries are temperature sensitive and are prone to temperature excursion during storage & shipment, degrading the efficacy of these products. There are two types of packaging systems for shipment of temperature-sensitive products: active system and passive system. The preference of the packaging system primarily depends on the type of product and cost incurred during shipment. Technology innovation and development in the packaging industry have led to the development of highly advance temperature-controlled packaging products.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5227701
Sonoco Products Company manufactures industrial & consumer packaging solutions and provides packaging service to varied industrial verticals. It was founded in 1899 and headquarted in Hartsville, US. The business is divided into four segments: Consumer Packaging; Paper & Industrial Converted Products; Display & Packaging; and Protective Solutions. The company has its operation in 320 locations across 34 countries globally. Protective Solutions segment consists of protective packaging based on paperboard & expanded foam and temperature-controlled packaging. Protective Solutions segment has 32 plants worldwide and its market includes electronics, appliances, automotive, medical devices, and temperature-sensitive food and pharmaceutical products. The company provides the temperature control packaging solution under the name Sonoco ThermoSafe. The application industries include Biotech, Fresh & Frozen Food, Pharmaceutical and Clinical Diagnostics.
Cold Chain Technologies, LLC is a manufacturer and distributor of thermal packaging solutions for temperature-sensitive products. It was founded in 1967 and headquartered in Franklin, US. The product portfolio includes Qualified Shipping Solutions, Refrigerants, Insulated Containers, and Temperature Monitoring. The company provides products and services to end-use industries such as Pharmaceutical & Biotech Manufacturers, Clinical Trial Distribution, Third Party Logistics (3PL), Mail Order & Specialty Pharmacies, and Tissue/Organ Donors. The company has business operations globally across the Americas, EMEA, and APAC. The company has a production facility present in Massachusetts, Tennessee, and Nevada in the US.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/temperature-controlled-packaging-solutions.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/temperature-controlled-packaging-solutions-market.asp
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Temperature Controlled Packaging Solutions Market | Key players operating in the market include Sonoco Products Company, Cold Chain Technologies, Va-Q-Tec AG, Pelican BioThermal, Softbox Systems here
News-ID: 2322918 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Temperature
The principle of high temperature resistance of high temperature tape
High temperature tape is a kind of tape that can withstand high temperature, and it can be used in high temperature. Generally used in the electronics industry, its temperature resistance can reach 120 degrees -260 degrees , often used for painting, paint leather processing, coating cover and electronic parts in the process of fixing, printed circuit board and high temperature treatment cover use.
So, what is the principle of high temperature…
Advanced temperature monitoring for temperature-controlled transports with BLE t …
Stuttgart, June 5, 2024 - Arealcontrol, an innovative provider of telematics, IoT and IT solutions from the private cloud, is presenting an exciting new product today: BLE tags (Bluetooth Low Energy) with an integrated temperature sensor, which are certified according to DIN/EN 12830 and therefore meet the high requirements for pharmaceutical, chemical and food transportation. This solution makes it quick and easy to equip vehicles for temperature-controlled transportation and ensures…
Passive Temperature Controlled Packaging Market 2023-2032: Temperature-Controlle …
In a world where the pharmaceutical industry is experiencing unprecedented growth due to an expanding global population, particularly the elderly, and a rising number of communicable and non-communicable diseases, the demand for both prescription and non-prescription drugs has never been higher. This surge in critical pharmaceutical needs has become a driving force behind the remarkable growth of the global passive temperature-controlled packaging market.
Allied Market Research has recently unveiled a…
Pt500 Temperature Sensor Market: Increasing Need for Accurate Temperature Measur …
Global Pt500 Temperature Sensor Market Overview:
The Pt500 Temperature Sensor market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Pt500 Temperature Sensor market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth…
Mine Temperature Transmitter Market Monitoring and Controlling Temperature in Mi …
Global Mine Temperature Transmitter Market Overview:
The Mine Temperature Transmitter market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Mine Temperature Transmitter market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth…
Global Temperature Monitoring Devices Market | Global Temperature Monitoring Dev …
Temperature monitoring devices market comprises of the sales of temperature monitoring devices & related services which are used to autonomously record the temperature for particular period of time. These monitors assist in measuring a patient’s temperature during the postoperative care, critical care, shock, surgery, sepsis & infections, fertility & ovulation assessment, treatment of hypothermia & hyperthermia, or in other cases where there is a need to constantly monitor the body…