Pharmaceutical Temperature Controlled Packaging Solutions Market Insight and Outlook to 2027

Precedence Research has published a new report titled, "Pharmaceutical Temperature Controlled Packaging Solutions Market Size, Share & Trends Analysis Report by Type (Reusable Solutions and Single Use Solutions), Application (Temperature-Sensitive Pharmaceuticals, Vaccines, Others) By Region, And Segment Forecasts, 2020 - 2027". According to the study, the global pharmaceutical temperature controlled packaging solutions market is expected to reach a market size of US$ 6.4 Billion by the end of 2027.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, market share analysis, and the overall market environment.

Pharmaceuticals temperature-controlled packaging solution is an imperative tool in plummeting the hazard and upholding quality of product during the supply chain process by steadying internal temperature. This system benefits to protect shipments across each aspect of the medical supply chain. Some of the foremost application areas of temperature-controlled packaging solutions include inactive pharmaceutical ingredients with balanced temperature, vaccines, biological products and samples, clinical trials, and medical products with detailed timeline necessities.

Temperature-controlled packaging is a vital aspect of the pharmaceutical supply chain, nonetheless is frequently underestimated. It encompasses many components; which all must interrelate in the way they were intended to for temperature to be preserved. Countless influences impact product temperatures and duration, such as heat transfer by conduction, convection and altering external temperatures, contradictory conditioning necessities, masses of diverse temperatures trying to match, phase change materials (PCM) and ice packs. Temperature-controlled packaging solutions are essential to reduce risk and sustaining product integrity from production to the patient by steadying internal temperature irrespective of external environment.

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Growth Factors

Implementation of novel high-performance convection systems that are well-organized for warehousing and supply of pharmaceutical products is anticipated to provide novel growth prospect to the pharmaceutical temperature-controlled packaging solutions industry. Increasing practice of vacuum panel insulation along with the phase change materials can augment the life of warehoused pharmaceutical product. Consequently, the intensifying adoption of such progressive technologies in the pharmaceutical sector is projected to subsidize the growth of the market worldwide.

Emphasis of pharmaceutical manufacturer is budding to manufacture drugs and therapies for rare diseases. These drugs are consisting of high-value ingredients and have small shelf lives as outcome of which they need stringent temperature-controlled environment. Thus, this is predictable to support the ultra-low temperature range packaging solutions. Temperature-controlled pharma packaging solutions will endure to see a sturdier influence of regulations, seeing the nature of products to be shipped and packed. Furthermore, the demand for quality and compliance is rising at a greater rate than innovation. Several market participants are emphasizing towards reinforced composite materials with stability and high thermal protection to set their products apart from the rivalry.

Report Highlights

• In 2019, reusable temperature controlled pharmaceutical solution dominated the global market with around 74% share in terms of revenue
• Temperature-sensitive pharmaceutical applications led the global pharmaceutical temperature-controlled solution market with more than 65% share in 2019. The effort of addressing more and more patients present in distant locations is predictable to support the requirement for pharmaceuticals temperature-controlled packaging solutions across the world
• The necessity for improved handling of temperature-sensitive pharmaceutical products has caused in augmented research for more cutting-edge temperature-controlled packaging insulation materials

Key Players:

The pharmaceutical temperature controlled packaging solutions market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research.

Top Manufacturers in the pharmaceutical temperature controlled packaging solutions market are

• Pelican Biothermal
• Cryopak
• Sonoco Products Company
• Envirotainer
• DS Smith Pharma
• Cold Chain Technologies
• World Courier
• Intelsius
• CSafe
• Softbox Systems
• Skycell
• Va-Q-tec AG
• Sofrigam

Market Segmentation

By Product

• Reusable Solutions
• Single Use Solutions

By Application

• Temperature-Sensitive Pharmaceuticals
• Vaccines
• Others

By Regional Outlook

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Middle East & Africa
• Latin America

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