Press release
Temperature Controlled Pharmaceutical Containers Market Report 2024: Exploring Growth Drivers and Industry Size 2033
Temperature Controlled Pharmaceutical Containers
The Business Research Company offers in-depth market insights through Temperature Controlled Pharmaceutical Containers Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The temperature controlled pharmaceutical containers market size has grown rapidly in recent years. It will grow from $5.53 billion in 2023 to $6.11 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to increased pharmaceutical transport, regulatory compliance, globalization of pharmaceutical supply chains, increasing complexity of pharmaceutical products, focus on patient safety..
The temperature controlled pharmaceutical containers market size is expected to see rapid growth in the next few years. It will grow to $9.38 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to growing biopharmaceutical market, focus on last-mile delivery, increased regulatory stringency, rise in personalized medicine, global health emergencies and vaccination needs.. Major trends in the forecast period include advancements in cold chain technologies, globalization of pharmaceutical supply chains, use of advanced insulation and thermal barrier materials, rise in cold chain logistics outsourcing..
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Market Segmentation:
The temperature controlled pharmaceutical containers market covered in this report is segmented -
1) By Control: Active, Passive
2) By Form: Chest Style, Upright Style
3) By Content Type: Vaccines Or Drugs, Samples, Reagents, Genetic Materials
4) By End User: Pharmaceutical, Clinical Trial
Major Driver - Soaring Vaccine Sales Drive Temperature-Controlled Pharmaceutical Containers Market
Increasing sales of vaccines are driving the demand for the temperature-controlled pharmaceutical containers market, going forward. Vaccines are medication employed to boost the body's immunological defenses against diseases, enabling it to combat an infection that has never been encountered before as well as intended to prevent disease rather than to treat it. Vaccines and other temperature-sensitive goods must be stored and transported in temperature-controlled containers for safety. For an instance, in March 2022, according to the annual report published by Sanofi S.A, a France-based biopharmaceutical and healthcare company, the vaccines segment recorded net revenue of USD 6,197.96 million in 2021 and USD 58,548.8 million in 2020, recording an increase of 6.8% CER and 5.9%, reported basis, which included growth across all franchises. Therefore, an increasing sale of vaccines will drive the growth of the temperature-controlled pharmaceutical container market.
Competitive Landscape:
Major companies operating in the temperature controlled pharmaceutical containers market report are Peli BioThermal LLC, American Aerogel Corporation, AmerisourceBergen Corporation, Cold Chain Technologies Inc., Envirotainer Ltd., FedEx Corporation, Inmark LLC, Intelsius Ltd., Snyder Industries LLC, Sofrigam SAS, Sonoco Company, Tempack Packaging Solutions SL, United Parcel Service of America Inc., Va-Q-tec AG, Pelican BioThermal LLC, Softbox Systems Ltd., Cryopak Industries Inc., DHL International GmbH, Kuehne + Nagel International AG, World Courier Inc., Kalibox SA, Kodiak Technologies, Mesa Laboratories Inc., NOVA Chemicals Corporation, Sorba-Freeze Ltd., Termo-Kont MK LLC, Thermal Shipping Solutions, Thomas EMS, The Wool Packaging Company, Zarges GmbH, AeroSafe Global Inc., B Medical Systems SàRL, Croda International, Insulated Packaging Corp.
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Top Trend - Novel Packaging Solutions Revolutionize Temperature-Controlled Pharmaceutical Containers
Innovation and development of novel packaging solutions are a key trend gaining popularity in the temperature-controlled pharmaceutical containers market. Major players in the temperature-controlled pharmaceutical containers sector are focused on innovation and the development of novel packaging solutions to sustain their marketplace. For an instance, in March 2022, Tower Cold Chain, a UK-based company, engaged in packaging and container manufacturing, launched the KTEvolution container for the transportation of pharma, life sciences, and biomedical products under temperature control. Compact vacuum-insulated panels with phase-change technology were used in the KTEvolution container to enable long-term thermal protection without the need for human intervention. KTEvolution uses a few fasteners and fittings to achieve innovation, particularly a lightweight webbing system that wraps around the container's exterior body.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Temperature Controlled Pharmaceutical Containers Market Characteristics
3. Temperature Controlled Pharmaceutical Containers Market Trends And Strategies
4. Temperature Controlled Pharmaceutical Containers Market - Macro Economic Scenario
5. Temperature Controlled Pharmaceutical Containers Market Size And Growth
…..
27. Temperature Controlled Pharmaceutical Containers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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