Recyclable Cold Chain Packaging Market to Partake Significant Development during 2030 | TMR Study

Recyclable Cold Chain Packaging Market: An Overview

Choosing efficient and effective packaging considering the cost and compliance is a crucial factor. Technological advancement in manufacturing and product development made recyclable cold chain packaging a highly competitive, more manageable, and economical solution.

Recyclable cold chain packaging is a packaging system for shipping goods from the manufacturing facility to the final destination with maintaining a consistent temperature. It involves complete and constant refrigeration of products during production, handling, storage, and transportation to retain their essential characteristics and value.

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Different types of cold chain packaging protection are available to cater to the needs of each kind of product. The manufacturers can choose their shipping containers depending upon the level of packaging security is required. The temperature-sensitive products are vulnerable to losses during the shipping process. Hence, the cold chain thermal packaging can reduce product losses during shipping leading to higher customer satisfaction. Medical products such as vaccines, insulin, blood bank, medicines, and food products such as frozen foods, vegetables, dairy products, seafood and meats utilize insulated cold chain products. It increases the shelf life of the products protects the products from temperature fluctuations throughout their distribution journey. Therefore, by attributing the benefits of recyclable cold chain packaging, it augments the extensive market growth. The surge in demand from the food & beverage industry and pharmaceutical industry will propel the recyclable cold chain packaging market growth.

Recyclable Cold Chain Packaging Market: Dynamics

The recyclable cold chain packaging with recyclable curb side packaging made from heavy duty Kraft paper and recycled paper fibers with insulated liners maintain the proper temperature. The recyclable cold chain packaging is considered as the best alternative to polystyrene or foil based bubble wrap form boxes, which are hard to dispose as compared to completely recyclable curbside thermal insulated shippers will strengthen the demand for recyclable cold chain packaging.

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The recyclable cold chain packaging is the best option with eco-thermal liners, removing the bulky, heavy internal cooling material and reduce the weight and overall size of the packaging. Therefore, it is the best option for the consumer to easily recyclable at home to dispose of the packaging responsibly.

Many packaging materials which are packed and transported cannot be recycled and litter the landfills. Further growing the online sales, the delivery suppliers use extensive packaging material. Therefore, many environment-conscious manufacturers are concerned about minimizing or eliminating post-consumer packaging waste by using recyclable, biodegradable, and compostable products. Hence, the environment-friendly recyclable cold chain packaging will have remarkable growth.

For instance,

On 30th June 2020, Softbox Systems Ltd. launched Tempcell™ ECO packaging solution for the pharma cold chain. It is made from 100% corrugated cardboard material utilizing Thermaflute™ plastic-free patent-pending insulation technology. The corrugated cardboard is easily disposable and recyclable at the consumer end.

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With the release of the Covid-19 vaccine, the complexity of vaccine storing and transporting at frozen, ultra-frozen, and refrigerated formulations has become the utmost priority. The objective is to transport safe, intact, and on-time delivery vaccines. The Covid-19 vaccines are wasted due to exposure to heat and broken vials during transportation. Therefore a temperature-controlled pharmaceutical recyclable cold chain packaging safeguards the integrity of the vaccine and keeps it safe, secure, and reliable. Pharmaceutical and food products are considered essential services as per Government regulations. During the Covid-19 pandemic, the cold chain supply packaging becomes highly crucial due to the safety and integrity of temperature-controlled products. In the Covid-19 pandemic, consumers focused on stockpiling of retail and food products and the evolution of e-commerce as a popular choice for temperature-sensitive food items delivery at home. Therefore food, beverages, and pharmaceutical products using recyclable cold chain packaging during Covid-19 will expect significant growth.

Recyclable Cold Chain Packaging Market: Segmentation
The recyclable cold chain packaging market can be segmented by material, product type, service type and end use industry.

By Material, recyclable cold chain packaging market can be segmented as

Corrugated Cardboard
Expanded Polystyrene (EPS)
Polyurethane(PUR)
Others ( Recycled Non-woven Textile)
By Product Type, recyclable cold chain packaging market can be segmented as

Insulated Shippers
Insulated containers
Refrigerants
Others

Recyclable Cold Chain Packaging Market: Regional Outlook
North American recyclable cold chain packaging is expected to witness the highest growth due to the presence of giant pharma and biopharma industries. There is an increasing demand for fast-frozen seafood items and beverages, fruits, vegetables, and dairy products in the region. The United States is the biggest market for cold-chain packaging health care products such as vaccines, biopharmaceuticals, and laboratory testing materials. The rising numbers of clinical trials for various temperature-sensitive products such as blood and tissue samples and some essential drugs have increased the market growth. The increasing e-commerce and the changing trend of outsourcing cold chain warehousing and transportation in the region will augment recyclable cold chain packaging growth.

The Asia Pacific is the fast-growing region rising the new trend of combining temperature-controlled protection with an enhanced sustainable profile. The adoption of paper-based insulators replacing polystyrene cold packaging will generate a lucrative demand for recyclable cold chain packaging demand the Asia Pacific region.

The insulated boxes and containers are essential for protecting temperature-sensitive perishable food items and drugs. With the rising awareness about consumers' sustainable, reusable, and recyclable packaging trends, manufacturers will witness a substantial growth of recyclable cold chain packaging in the European region.

Recyclable Cold Chain Packaging Market: Key Players
Key players in the recyclable cold chain packaging market are,

Cold Chain Technologies
Sonoco Thermosafe
Pelican Biothermal LLC
Cryopak Industries Inc.
Sofrigam Company
Softbox Systems Ltd
Tempack Packaging Solutions, S.L.
Coolpac
DGP Intelsius Ltd.
Sealed Air Corporation
The report recyclable cold chain packaging market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on cement packaging market segments and geographies.

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