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Cold Chain Packaging Market 2022 Highlights Recent Trends, Market Growth, Business Opportunities till 2027

02-23-2022 01:20 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Cold Chain Packaging Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Cold Chain Packaging market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Cold Chain Packaging market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Cold Chain Packaging market.

The cold chain packaging market was valued at USD 132.6 billion in 2020 and is expected to reach USD 346.3 billion by 2026, at a CAGR of 18.3% over the forecast period 2021 - 2026

Get a Free Sample Copy of This Report:

https://www.marketinsightsreports.com/reports/02082592727/cold-chain-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=namita

Top Leading Companies of Cold Chain Packaging Market are - Pelican BioThermal LLC, Sonoco Thermosafe, Cold Chain Technologies Inc., Cryopak Industries Inc., Sofrigam Company, Intelsius (A DGP Company), Coolpac, Softbox Systems Ltd., Clip-Lok SimPak, Chill-Pak.com. and others.

Industry News and Updates:

- September 2020 - Sonoco ThermoSafe released its new Pegasus ULD bulk temperature controlled container which is one of the world's first passive bulk temperature-controlled container for pharmaceutical use that is an FAA-approved unit load device. It allows it to speed through existing international ground handling and customs processes at the lowest possible cost.

- June 2020 - Softbox launched ECO packaging solution Tempcell ECO, which is a new curbside-recyclable temperature control parcel shipper for the pharma cold chain industry. It is made from 100% corrugated cardboard and utilises the company's Thermaflute patent-pending plastic-free insulation technology. The product's cardboard is used to create effective insulation layers that offers thermal efficiencies similar to those of traditional expanded polystyrene shippers, whilst being easily and globally recyclable.

Key Market Trends:

Growth in Pharmaceutical Sector to Augment the Cold Chain Packaging Market

- Pharmaceutical manufacturers are mainly focusing on quality and product sensitivity. Increase in development of more complex biological-based medicines, shipments of hormone treatments, vaccines, and complex proteins that require cold chain refinements need to transport in a controlled temperature which can be achieved by cold chain packaging. Packaging of temperature-controlled pharmaceutical products and medical devices is witnessing considerable growth in the overall healthcare industry.
- According to Almac Pharma Services, the pipeline of biologic drugs in development are becoming more temperature-sensitive, resulting in an increase in storage of bulk drug substance at frozen temperatures (-40 to -70 C). 

North America to Hold the Largest Market Share

- North America occupies the major share in the cold chain packaging market and is expected to grow significantly in the forecast period owing to continuous growth in demand for cold storage medicinal products used in the healthcare industry.
- Also, the improvement in the shipping and warehousing of pharmaceutical products is driving the market further. For instance, according to pharmaceutical commerce study, the expenditure on cold chain logistics, transportation, and packaging in this region reached to USD 4.2 billion in 2020.

Investigator Observers Strong Growth in Specific Regions:

- Europe Market (Germany, UK, France, Russia, Italy)

- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

- South America Market (Brazil, Argentina, Colombia)

- North America Market (United States, Canada, Mexico)

- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Cold Chain Packaging Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Cold Chain Packaging Market (%),2016 - 2026
- Cold Chain Packaging Market Share, By Brand
- Cold Chain Packaging Market Share, By Company
- Cold Chain Packaging Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Cold Chain Packaging Market Value Analysis & Forecast
- Promising Cold Chain Packaging Development by Major Companies
- Detailed Cold Chain Packaging Portfolio of the Major Companies
- Major Deals in the Cold Chain Packaging Market
- Major Companies Analysis

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082592727/cold-chain-packaging-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita

We Offer Customization on Report Based on Specific Client Requirement:

- Country Level analysis for any 5 countries of your choice.

- Competitive analysis of any 5 key market players.

- 40 analyst hours to cover any other data point.

Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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