What is Temperature Controlled Primary Packaging Solutions Market?
Temperature controlled primary packaging is the primary level of packaging which provides temperature control for long distance while transporting the goods. It protects and prevents the products from harsh environments and helps in maintaining the temperature to prevent them from spoiling. There are two type of temperature-controlled packaging which are active and passive. The former one allows transportation of any size of the temperature sensitive shipment. While the latter allows bulk shipping with lesser cost. This type of packaging is being used in various industries which is fuelling the market growth.
The market study is being classified by Type (Active and Passive), by Application (Frozen, Chilled and Ambient) and major geographies with country level break-up.
Cryopak (United States), Capsugel (United States), Clondalkin Group (Netherlands), West Pharmaceutical Services, Inc. (United States), Wipak (Germany), Eutecma GmbH (Germany), WestRock Company (United States), SCHOTT AG (Germany), AR Packaging Group AB (Sweden), CONSTANTIA (Austria), Huhtamaki (Finland), Pelican Products (United States), ACH Foam Technologies, Inc. (United States) and Softbox (United Kingdom) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Temperature Controlled Primary Packaging Solutions market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Temperature Controlled Primary Packaging Solutions market by Type, Application and Region.
On the basis of geography, the market of Temperature Controlled Primary Packaging Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Consumption of Convenience Food Products
- Rising Need to Reduce Costs Associated with Transit of Goods
- Advancements in Modern Technological Solutions
- High Costs Associated with The Supply Chain with Adoption of Packaging Products
- Increasing Levels of Globalisation
- Rise in Product Wastage Control Movement
- Lack of Usage in Developing Regions
Market Leaders and some development strategies
In October 2018, PCI Pharma Services has acquired Sherpa Clinical Packaging which is a temperature-controlled primary and secondary packaging solutions. This will expand the geographical presence of PCI and provide greater technological capabilities such as “Cold Chain” and “Ultra Cold Chain” facilities to the life-sciences market.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organisations and Others
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