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Temperature Controlled Pharmaceutical Containers Market Trends, Top Companies, Share, Growth And Forecast 2033
Temperature Controlled Pharmaceutical Containers Market
As per the report, 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 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%.
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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.
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 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
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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.
Contents of the report:
1. Executive Summary
2. Temperature Controlled Pharmaceutical Containers Market Report Structure
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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