The Asia-Pacific Temperature Controlled Packaging Solutions Market is expected to grow with a CAGR of 6.4% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.
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The Asia-Pacific temperature controlled packaging solutions market is fragmented and includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to a favorable market scenario.
The major players in the Asia-Pacific temperature controlled packaging solutions market are introducing a strong range of product providers and adopting strategic initiatives such as publications, acquisition, business expansion, awards, and recognition. This helped companies to maximize sales with an enhanced product portfolio.
For instance,
- In July 2022, DS Smith collaborated with the Valencian company and developed innovative packaging for their new line of Soul Series 2 juicers. The packaging is 100% recyclable. This launch will help the company to expand in the market.
DS Smith is the dominating player in the Asia-Pacific temperature controlled packaging solutions market. Some other key players existing in the market include Cold Chain Technologies, Intelsius, Peli BioThermal Limited, Sonoco Products Company, va-Q-tec AG AG, Global Cold Chain Solutions, Catalent, Inc, Envirotainer, CSafe, among others.
DS Smith
DS Smith was founded in 1940 and is headquartered in London, England. It has public ownership. The company focuses on providing sustainable packaging solutions, paper products, and recycling services worldwide. The company has product categories such as protective packaging, traceability, temperature controlled packaging, customer experience, pack range optimization, tamper proof, reusable and returnable, out of which temperature controlled packaging is the market-focused category.
For instance,
- In May 2022, DS Smith developed innovative technology in industrial packaging by using digital printing to customize reusable containers. Due to this technology, the company can provide personalized solutions to each client's requirements.
The company has a wide presence across North America, Europe, South America, Asia-Pacific, the Middle East and Africa. Some of the subsidiaries of the company are DS Smith Austria Holdings GmbH (Austria), DS Smith Packaging (Austria), Beteiligungsverwaltungs GmbH (Austria), DS Smith Packaging Marketing N.V. (Belgium), DS Smith Packaging Marketing N.V. (Belgium), among others.
Va-Q-tec-AG
Va-Q-tec AG was founded in 2001 and is headquartered in Würzburg, Germany. It has public ownership. The company focuses on providing and selling innovative insulation solutions based on energy-efficient, space-saving, and environmentally friendly vacuum insulation panels. The company has business segments such as products, systems, services, and other, out of which services is the market-focused segment. The company has product categories such as healthcare & logistics, construction, appliances, technics & industry mobility, out of which healthcare & logistics is the market-focused category.
For instance,
- In September 2022, va-Q-tec launched a va-Q-one 300P transport container in Euro pallet size, a temperature-controlled transport option. The box is especially well suited for cross-country shipments in areas without return transportation options. This launch will help the company to expand globally.
The company has a wide presence across North America, South America, Europe, and Asia-Pacific. One of the company's subsidiaries is va-Q-tec Switzerland AG (Switzerland).
Sonoco Products Company
Sonoco Products Company was founded in 1899 and is headquartered in South Carolina, the U.S.. It has public ownership. The company focuses on providing packaging and customer-oriented packaging solutions to enhance the quality of products. The company has business segments such as consumer packaging, industrial paper packaging, and all other, out of which industrial paper packaging is the market-focused segment. The company has product categories such as consumer packaging, industrial products, protective packaging, and healthcare packaging, out of which protective packaging and healthcare packaging are market-focused categories.
For instance,
- In September 2022, Sonoco ThermoSafe, a Sonoco subsidiary, and United Cargo entered into a global lease arrangement for the latest Pegasus ULD temperature-controlled bulk shipping container. The partnership gives pharmaceutical freight forwarders direct access to Pegasus ULD containers from United Cargo.
The company has a wide presence across North America, South America, Europe, Asia-Pacific, the Middle East and Africa.
