Press release
Passive Temperature Market Consumption Analysis, Business Overview and Upcoming Trends 2032
Passive Temperature Market
Thermally insulated packaging is included in passive temperature regulated packaging. Rather than relying on energy and active refrigeration systems, passive temperature controlled packaging use frozen water packs, gel packs, dry ice, and a variety of other phase-change materials (PCM), as well as sophisticated insulation technologies, to keep the contents cool or hot.
The growing worldwide population, particularly the senior population, as well as the increasing number of communicable and noncommunicable diseases, are driving the pharmaceutical sector forward. As a result of their vital nature, prescription and non-prescription medications labelled as temperature-sensitive are in high demand. Various countries, including South Africa, South Korea, India, and others, are substantially investing in bio sciences R&D, raising demand for clinical trial supplies, lab samples, APIs, vaccines, and other products.
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As a result of this increase, several corporations are extending their operations in this industry. CSafe Global, the leader in temperature-controlled container solutions for the pharmaceutical business, for example, purchased Softbox Systems, a producer of passive temperature-controlled packaging solutions for the pharmaceutical, life science, and cold chain industries, in December 2021. Logistics supply chain industry.
The insulated containers segment accounted for the largest market share in 2021, owing to its widespread use, which is being spurred by increased international trade.
Furthermore, with the world's growing working population, balancing work, family, and social life is becoming increasingly difficult. These variables are critical in fueling the expansion of the food and beverage business. Popular food service brands such as McDonalds, Starbucks, KFC, Subway, Pizza Hut, and others are expanding. Furthermore, the expanding commerce in vegetables, fruits, fish, and other products benefits the food and beverage business. Many perishable products that are vulnerable to high temperatures are produced by the food and beverage and pharmaceutical industries, including ice cream, beverages, fruits, medicines, vaccines, and others. Transporting such commodities necessitates passive temperature-controlled packaging to prevent spoiling. As a result, the rise of the aforementioned industries that heavily rely on passive temperature controlled packaging is expected to fuel passive temperature controlled packaging market growth during the forecast period.
Because of increased demand for food and beverages, the food and beverages market generated higher revenue in 2021.
Product releases and other methods were used by major industry players as important development strategies to sustain competitiveness and improve their product portfolio in order to remain competitive in the passive temperature controlled packaging market. Softbox, a subsidiary of Csafe, a producer of passive temperature controlled packaging and other cold chain logistics solutions, for example, unveiled a new plastic-free 100% curbside-recyclable cardboard insulated shipper to transport chilled food in May 2020. Other firms that provide passive temperature controlled packaging include Cold Chain Technologies, LLC, Intelsius, and Sonoco Products Company, among others.
Market Segmentation:
By product type:
• Insulated shippers
• Insulated containers
• Insulated blankets
• Phase change materials
• Others
By material:
• Expanded Polystyrene (EPS)
• Polyurethane (PU)
• Vacuum Insulated Panels (VIP)
• Others
By packaging type:
• Boxes and containers
• Pallet shippers
• Envelopes and pouches
• Others
By application:
• Pharmaceutical and biotechnology products
• Food and beverage
• Chemicals
• Others
By end-use industry:
• Healthcare
• Food and beverage
• Chemicals
• Others
By region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
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Competitive Landscape:
The global passive temperature-controlled packaging market is highly competitive and fragmented, with several key players operating in the market.
Some of the prominent players in the market include:
Sonoco Products Company
Cold Chain Technologies
Pelican BioThermal
va-Q-tec AG
Sofrigam SA Ltd.
Cryopak Industries Inc.
ACH Foam Technologies LLC
Tempack Packaging Solutions S.L.
Inmark Packaging
Envirotainer AB
These players focus on various strategies such as mergers and acquisitions, partnerships, collaborations, and product innovations to maintain their market position and expand their customer base. The market is also witnessing the entry of new players, which is further intensifying the competition. To gain a competitive edge, companies are also investing in research and development activities to develop new and innovative passive temperature-controlled packaging solutions.
Key Points:
Define, describe and forecast Food Waste Management product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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