openPR Logo
Press release

Temperature Controlled Pharmaceutical Packaging Solutions Market will Increase at a CAGR of 9.3% during 2016-2026

03-06-2017 09:45 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Temperature Controlled Pharmaceutical Packaging Solutions

“Temperature Controlled Pharmaceutical Packaging Solutions (TCPPS) Market: Global Industry Analysis and Opportunity Assessment, 2016-2026”, FMI’s latest report estimates the global temperature controlled pharmaceutical packaging solutions market to increase at 9.3% CAGR through 2026. The report estimates the market to rake in US$ 2.77 Bn in revenues by the end of 2016.

What’s Driving Global Demand for Temperature-controlled Packaging Solutions?

Focus on preventing temperature excursion and delivering drugs in a timely manner without any degradation in quality are the biggest challenges for pharmaceutical industry currently. Temperature-controlled packaging’s effectiveness in addressing these challenges is driving adoption across end-use industries. Reusable packaging and technology advancements that enable access to real-time temperature data are the key trends expected to shape the market in the future.

FMI’s report offers 10-year market forecast and analysis on the basis of product type, application, and region.

On the basis of product type, FMI’s report has segmented the market into insulated shippers, insulated protective shippers, insulated containers, and others (refrigerants, gel, icepacks, phase change materials etc.).

Insulated containers are expected to witness high demand in Asia Pacific excluding Japan (APEJ), whereas insulated shippers are anticipated to gain traction in North America during the forecast period. FMI estimates demand for insulated protective shippers to be the lowest among all the product-types.

Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1446

On the basis of application, the TCPPS market has been segmented into,

Frozen

Chilled

Ambient

Among these, the chilled application segment is expected to increase at the highest CAGR during the forecast period.

Region-wise, North America, Western Europe, and Asia Pacific excluding Japan (APEJ) are the three largest markets for TCPPS globally. The APEJ TCPPS market is expected to expand at a higher than average CAGR owing to increased use of temperature-controlled packaging solutions for pharmaceuticals in biologics and in treatment of rare diseases in the region.

The Latin America TCPPS market is anticipated to account for 4.7% revenue share of the overall global market by 2026. The market in the region is expected to be driven by rapid investment in the pharmaceuticals sector in the region.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-1446

The TCPPS market in Eastern Europe is estimated to witness an average increase in revenue due to lower GDP growth in the region.

Key companies profiled in the report include Sonoco Products Company, Pelican Biothermal, Cryopak, Sofrigam SA Ltd., Envirotainer Ltd., and American Aerogel Corporation.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Temperature Controlled Pharmaceutical Packaging Solutions Market will Increase at a CAGR of 9.3% during 2016-2026 here

News-ID: 457373 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Temperature

Global Temperature Monitoring Devices Market | Global Temperature Monitoring Dev …
Temperature monitoring devices market comprises of the sales of temperature monitoring devices & related services which are used to autonomously record the temperature for particular period of time. These monitors assist in measuring a patient’s temperature during the postoperative care, critical care, shock, surgery, sepsis & infections, fertility & ovulation assessment, treatment of hypothermia & hyperthermia, or in other cases where there is a need to constantly monitor the body
Global Non-Contact Temperature Measurement Instrument Market By Type (Portable, …
The global non-contact temperature measurement instrument market was valued at US$ 728.3 Mn in 2018 and is expected to reach US$ 1,059.0 Mn in 2026, growing at a CAGR of 4.89% during the forecast period. Non-contact temperature measurement instruments measure temperature from a certain distance. Every matter with a temperature above absolute zero (0 K) emits infrared radiation relative to its temperature known as characteristic radiation. Whereas, the emissivity of a
Monitoring Concrete Curing Temperature
Using the Bestselling dataTaker DT80 Intelligent Data Logger CAS DataLoggers provided a local construction company with the data logging solution for one of their larger contracts. The customer needed to measure and monitor the curing progress of freshly-poured concrete to determine when the new structure could be loaded without causing damage to its foundations. With industry accepted concrete curing temperature methods, a newly-poured concrete structure does not reach full strength for
Temperature Sensor Market Report 2018: Segmentation by Product (Thermistor, Resi …
Global Temperature Sensor market research report provides company profile for exas Instruments Inc. (U.S.), Analog Devices Inc. (U.S.), Microchip Technology Inc. , Honeywell International Inc. (US), STMicroelectronics N.V. (Switzerland), Infineon Technologies AG (Germany), General Electric Company (U.S.), ABB Ltd. (Switzerland), Maxim Integrated Products Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast
Temperature Switches Market: To Continuously Monitor Temperature Of Equipment An …
Temperature switches are finding lot of applications in the food and beverages industry. Temperature switches are being widely used in the food and beverages industry for the quality assurance of products through various stages of production to storage. Most of the products in the food and beverages industry need to remain fresh until consumed. Even small changes in temperature can damage quality of the product, contaminate it, and render the
Temperature Sensor Deep Analysis on Industrial and Deep Analysis on Industrial a …
Press Release - 26 Feb 2018 Global Research and Development News -- . . Report Description- '