Europe Cold Chain Packaging Market Size, Share,Growth, Industry, Forecast and outlook (2024-2031)

The rise of e-commerce has led to an increase in the demand for cold chain packaging, as more and more consumers are purchasing perishable goods online. This has led to an increased need for packaging solutions that can maintain the temperature of the products during shipping which increases the cold chain packaging market value.

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Market Dynamics

Rising Demand From Various Industrial Applications Such as Medical Devices and Pharmaceuticals While shipping temperature-sensitive products such as vaccines, capsules and tablets, it's important to protect them from bumps, jostling, rough handling, bad weather and other unpredictable factors, all while ensuring a constant temperature range. According to WHO guidelines on the international packaging and shipping of vaccines, temperature monitoring devices should be included in all vaccine shipments to document whether temperature limits have been exceeded.

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Segment Analysis

The Europe cold chain packaging market is segmented based on nature, application, form, function, distribution channel and region.Closed-air Low-thermal Conductivity, Case of Handling and Environmental Advantages that Maximize Energy Efficiency Boost the Demand for Expanded Polystyrene Depending upon the material type, the Europe cold chain packaging market is divided into expanded polystyrene, vacuum-insulated panel, polyurethane and others.

The expanded polystyrene segment held the highest share of approximately more than 30% in the cold chain packaging industry, owing to its utilization as a natural sweetener in the food industry, usually in processed foods. EPS offers tangible environmental advantages that maximize energy efficiency, improve indoor environmental quality and enhance the durability of packaged products.

Competitive Landscape

Packaging Technology Group, Inc. (PTG), a supplier of thermal packaging solutions and services, introduced the cold chain industry's first extended-duration, curbside recyclable thermal shipper which maintains 2-8 degrees for 72 hours.Cold Chain Technologies paired with Luxembourg-based B Medical System to provide the life science market with end-to-end thermal transportation and storage solutions.Pelican BioThermal announced its collaboration with Asian Airlines, which broadens the business' expanding global network.

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