The delivery of temperature-sensitive products is a major challenge for transportation businesses. It is important to note that this is not the case with the supply of high-value biologics in the healthcare industry. However, the adoption of temperature-controlled packaging systems depends largely on the aspect of mechanical issues and external forces. This has led to a surging adoption of passive temperature-controlled packaging systems over their active counterparts.
Developed by Future Market Insights, an exclusive market study on passive temperature-controlled packaging reveals that in the near future, the ability of these solutions in averting mechanical damages during transportation wants to continue their drive. The report says that by the end of 2027, the global passive temperature-controlled packaging market is worth about US $ 18 billion. The report has addressed the growth of the global passive temperature-controlled packaging market for the forecast period, 2017-2027.
Reverse Logistics Capabilities & Global Cold Chain Consolidation to Drive the Demand for Passive Temperature-Controlled Packaging
On the surface, the growing consolidation of companies partaking in the cold chain and cold storage work across the globe is pegged to drive the demand for passive temperature-controlled packaging solutions. With a unification of the global cold chain network, the infrastructure in developed and developing markets wants to be harmonized for the adoption of passive temperature-controlled packaging. In addition, passive temperature-controlled packaging systems are identified as holding passive temperature-controlled packaging.
Moreover, reusability of passive temperature-controlled packaging solutions is also considered as a key driver for their growing demand. Certain configurations in passive temperature-controlled packaging systems can provide reverse logistics capabilities, and can reuse the packaging solutions for product returns and redistribution. Other key drivers for the global passive temperature-controlled packaging market include the ability of passive temperature-controlled packaging.
Request to Sample of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5073
Global Passive Temperature-Controlled Packaging Market: Key Insights
According to the report, the global market for passive temperature-controlled packaging wants to expand at a CAGR of 9% during the forecast period. The report has comprehensively analyzed the global passive temperature-controlled packaging market, segmenting its growth on the basis of application, end-use and types of products (solutions).
By 2017, the sales of insulated containers in the global passive temperature-controlled packaging market will rake in over US $ 4.3 billion. Throughout the forecast period, insulated containers are projected to remain top-selling products in the global market.
Food and beverage industry is anticipating the largest end-user of passive temperature-controlled packaging in the world. During the forecast period, the global demand for the end-use of passive temperature-controlled packaging in food & beverage industries will increase to a CAGR of 8.6%.
Chilled applications of these systems are anticipated to gain traction, and are considered to be high traction in European regions where supply chain partners are encouraged to offer effective packaging for perishable pharmaceuticals.
Request to Report Methodology @ https://www.futuremarketinsights.com/askus/rep-gb-5073
The report thus has developed a regional analysis on the future of global passive temperature-controlled packaging market. By 2017, nearly one-fourth of procurements in the global market will emerge from the adoption of passive temperature-controlled packaging in North America. The demand for these packaging solutions, therefore, is aimed at gain traction in the Asia-Pacific excluding Japan (APEJ) region, as well as China, India and Australia.
Key players in the global passive temperature-controlled packaging market have been profiled in the report as well. Through 2027, Sonoco Products Company, Cold Chain Technologies Inc., Pelican Biothermal LLC, Saeplast Americas Inc., Snyder Industries, Inc., Cryopak Industries Inc., Inmark, LLC, Sofrigam SA Ltd., va-Q-tec AG, Tempack Packaging Solutions S.L., ACH Foam Technologies, LLC, EcoCool GmbH, American Aerogel Corporation, Exeltainer SL, Inno Cool India Private Limited, Softbox Systems Ltd., Rak Associate, Softbox Systems Ltd., GEBHARDT Logistic Solutions GmbH, and TKT GmbH will be observed as leading companies partaking in the expansion of the global passive temperature-controlled packaging market.
Report Overview @ https://www.futuremarketinsights.com/reports/passive-temperature-controlled-packaging-solutions-market-092017