Europe Temperature Controlled Packaging Solutions Market, By Products and Services (Products and Services), Type (Active System and Passive System), Industry (Food & Beverages, Healthcare, Chemical, Research Laboratories), Country (Germany, France, U.K., Italy, Spain, Belgium, Netherlands, Switzerland, Russia, Turkey and Rest of Europe) Industry Trends and Forecast To 2028
Market Analysis and Insights: Europe Temperature Controlled Packaging Solutions Market
The temperature controlled packaging solutions market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 11.4% in the forecast period of 2021 to 2028 and is expected to reach USD 32,155.71 million by 2028. Rising demand of perishable food products and convenience food thus acts as driver for the temperature controlled packaging solutions market growth.
Temperature controlled packaging solutions are of different types such as dry ice, liquid nitrogen, foam brick etc. They are commonly used in the transportation of medicines, perishable products, blood sample and numerous clinical trials. The temperature controlled packaging solutions are prepared of stretched polystyrene, polyurethane and vacuum insulated panels.
Growth in international trade acts as driver for the temperature controlled packaging solutions market. The stringent rules & regulations formulated by government agencies which are restraining the temperature controlled packaging solutions market growth. High potential growth markets for insulated packaging, thus acts as an opportunity for the temperature controlled packaging solutions market. Rise in raw material costs, hence acts as challenge for the temperature controlled packaging solutions market growth.
The temperature controlled packaging solutions market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the temperature controlled packaging solutions market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Temperature Controlled Packaging Solutions Market Scope and Market Size
The temperature controlled packaging solutions market is segmented on the based on the product and services, type and industry. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product and service, the temperature controlled packaging solutions market is segmented into product and services. In 2021, services segment dominates the market due to the lower cost of fragmentation among the consumers..
- On the basis of type, the temperature controlled packaging solutions market is segmented into active system and passive system. In 2021, passive system dominates the market due to availability of variety of sources for the packaging solutions in varied forms.
- On the basis of industry, the temperature controlled packaging solutions market is segmented into food and beverages, healthcare, chemicals and research laboratories. In 2021, food and beverages segment is dominating the market as the high rate of temperature controlled packaging solutions is mostly used to store food as well as beverages.
Temperature Controlled Packaging Solutions Market Country Level Analysis
The temperature controlled packaging solutions market is analyzed and market size information is provided by the country, product and services, type and industry as referenced above.
The countries covered in the temperature controlled packaging solutions market report are the Germany, France, U.K., Italy, Spain, Belgium, Netherlands, Switzerland, Russia, Turkey and Rest of Europe.
Germany is the dominating country due to the rise in requirements from the food and beverages industry.
Services segment in North American region is expected to grow with the highest growth rate in the forecast period of 2021 to 2028 because of increasing demand in healthcare sector. The services segment in Germany is dominating the European market owing to increasing research and development for the temperature controlled packaging solutions used in vaccine preparation. France is following the growth of the Germany in European market and Services segment is dominating in this country due to presence of highest number of temperature controlled packaging solutions providers.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
High Potential Growth Markets for Insulated Packaging is Boosting the Market Growth of Temperature Controlled Packaging Solutions Market
The temperature controlled packaging solutions market also provides you with detailed market analysis for every country growth in particular market. Additionally, it provides the detail information regarding the market players’ strategy and their geographical presence. The data is available for historic period 2010 to 2019.
Competitive Landscape and Temperature Controlled Packaging Solutions Market Share Analysis
Temperature controlled packaging solutions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to temperature controlled packaging solutions market.
The major companies which are dealing in the temperature controlled packaging solutions are Sofrigam, Cold Chain Technologies, Tempack Packaging Solutions, S.L., Intelsius - A DGP Company, Softbox, IGH Holdings, Inc., Envirotainer AB, DS Smith, United Parcel Service, Inc., Deutsche Post AG, Csafe Global, Dokasch, Skycell, Pelican Biothermal, Sonoco Products Co., Fedex, Amerisourcebergen, VA-Q-TEC AG among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many contract and agreement are also initiated by the companies’ worldwide which are also accelerating the temperature controlled packaging solutions market.
- In January 2021, Deutsche Post AG has decided to expand medical and pharmaceutical logistics capacity in Germany. The company has expanded its Life Sciences & Healthcare (LSH) facility in Leipzig by approximately 2,500 square meters and also increases the equipment for storing and handling temperature controlled pharmaceutical and medical products such as vaccinations. This update helps the company to increase revenue.
- In November 2016, AmerisourceBergen Corp a provider of temperature controlled packaging solution of products and services in pharmaceutical has developed product branded as “Cocoon”. It is a passive pallet shipper with the temperature range of -15 to -250C. This new product has expanded the company portfolio of large scale high shipment and helped in reducing the transportation costs.
Collaboration, product launch, business expansion, award and recognition, joint ventures and other strategies by the market player is enhancing the company footprints in the temperature controlled packaging solutions market which also provides the benefit for organization’s profit growth.
Customization Available: Europe Temperature Controlled Packaging Solutions Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.