Global Temperature Controlled Materials Market, By Product (Insulated Shippers, Insulated Containers, Refrigerants and Others), End User Industry (Food and Beverage, Healthcare and Others), Type (Passive System and Active System), Application (Frozen, Chilled and Ambient), Services (Airways, Waterways and Roadways), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Growth and expansion of various end user industries is the root cause for the rise in demand of temperature controlled materials globally. Data Bridge Market Research analyses that the temperature controlled materials market will witness a CAGR of 8.85% for the forecast period of 2021-2028.
Temperature controlled materials are the packaging solutions that maintain the temperature levels of the goods to be packaged so that they don’t perish with time. Temperature controlled materials are the materials that are used in the transportation of those goods that are of highly perishable nature such as food and beverage items, pharmaceuticals drugs and injections among others. These are highly useful in the regions with the absence of temperature controlled warehousing and shipping facilities. Different types of materials are used to manufacture temperature controlled materials such as insulated materials, phase changing materials and heating elements.
Growth in the end user industries especially pharmaceutical and food and beverages industry will induce the growth of temperature controlled materials market. Rise in the demand for canned food and beverages will bolster the rate of growth in the upward direction. Rise in the personal disposable income coupled with the increase in purchasing power will further create lucrative temperature controlled materials market growth opportunities. Trading of pharmaceutical drugs and frozen food items internationally will also widen the scope of growth for the temperature controlled materials market.
However, high investment in the maintenance will restrict the scope of growth. Stringent governmental rules and regulations on the approval will further slowdown the rate of growth. Fluctuations or volatility in the prices of raw materials will also derail the rate of growth.
This temperature controlled materials market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on temperature controlled materials market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Temperature Controlled Materials Market Scope and Market Size
The temperature controlled materials market is segmented on the basis of product, end user industry, type, application and services. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of product, the temperature controlled materials market is segmented into insulated shippers, insulated containers, refrigerators and others. Insulated shippers are further sub-segmented into panels and envelope, EPS foam container, fibreboard and PUR. Insulated containers are also sub-segmented into chest style and upright style. Others are also bifurcated into gel, icepacks and phase change materials.
- On the basis of end user industry, the temperature controlled materials market is segmented into food and beverages, healthcare and others.
- Based on type, the temperature controlled materials market is segmented into passive system and active system.
- The temperature controlled materials market is also segmented on the basis of application into frozen, chilled and ambient.
- On the basis of service, the temperature controlled materials market is segmented into airways, waterways and roadways.
Global Temperature Controlled Materials Market Country Level Analysis
The temperature controlled materials market is analysed and market size, volume information is provided by country, product, end user industry, type, application and services as referenced above.
The countries covered in the temperature controlled materials market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America has been dominating the market and will continue to during the forecast period. Developed healthcare and pharmaceutical industries in the region are propelling the growth of the market here. However, Asia-Pacific is set to undergo the highest growth rate during this forecast period. Increase in demand for insulated packaging especially in the developing economies will induce the growth of the market in this region.
The country section of the temperature controlled materials market 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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Temperature Controlled Materials Market Share Analysis
The temperature controlled materials 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, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to temperature controlled materials market.
The major players covered in the temperature controlled materials market report are Sonoco Products Company, Cryopak, CLONDALKIN GROUP, West Pharmaceutical Services, Inc, Wipak Group,, WestRock Company., Schott Packaging, AR Packaging, Constantia Flexibles, Huhtamäki Oyj, Pelican BioThermal, Softbox, TEMPACK Packaging Solutions, S.L, DS Smith, Envirotaine, Insulated Products Corporation., Sæplast, Inno Cool and ILLIG Maschinenbau GmbH & Co. KG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.