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

The global pharmaceutical temperature controlled packaging solutions market was valued at US$ 3.75 billion in 2019 and predicted to reach US$ 6.41 billion by 2027.

Growth Factors

One of the most challenging supply chains include shipping temperature-controlled products from source to destination while preserving product temperature. Normal supply chains have numerous variables to manage to safeguard a successful outcome. Yet, when temperature control is encompassed another 30 to 40 variables add to the complication. Employment of firm government regulation and rulesby the government to progress the distribution practices of pharmaceutical goods are predictable to spur the market growth. As per the Food & Drug Administration (U.S.), Regulation 21 CFR 211.150 Distribution procedures, pharmaceutical products must be shipped insuitable temperatures and underneath accurate circumstances in harmony with necessities and suitable manual, electronic or electromechanical temperature and humidity recording equipment, and/or logs, devices must be used to document appropriate storage of prescription drugs.

Escalating research and development programs across the world for improving packaging and manufacturing process in pharmaceuticals and biotech sectors are predictable to bolster the market growth of temperature-controlled packaging solutions for pharmaceuticals. Furthermore, the swelling development of novel drugs and therapies like r-proteins, monoclonal antibodies stem cells together with pharmaceutical materials have elevated the demand for cold chain packaging system at numerous phases of product development, thus boosting the growth of the market.  However, future demand for temperature-controlled packaging solutions is anticipated to be curtailed owed to rising concerns connected to the environmental influence of packaging waste and severe government rules for the same.

Application Insights

Among different applications, temperature-sensitive pharmaceutical applications led the global temperature controlled pharmaceutical solution market with more than 65% share in 2019. This growth is credited to the growing challenge of catering more patients located in remote locations.

Product Insights

The upsurging growth in the pharmaceutical sector, reusable packaging and intensifying usage in the transport of medicines, donor organs, emerging technology, clinical trial distribution products, blood transfers are also anticipated to advance the growth of the market.In 2019, reusable temperature controlled pharmaceutical solution conquered the overall market with around 74% share in terms of revenue. Reusable systems on the market are emerging gas stronger in due to their exterior with hard shells currently being installed compared to the cardboard material structuring disposable solutions.

Regional Insights

North America emerged as largest market for temperature-controlled packaging solutions for pharmaceuticals with considerable market share. The market is perceiving high growth on the background of escalating demand from healthcare industry. In this region, high demand for transportation vaccines, drugs and clinical trials has prompted the substantial growth of temperature-controlled packaging solutions. North America, particularly the U.S. is home to many recognized market participants those are involved in evolving technologies and process essential to develop cold chain system proficiently.The present strain of coronavirus has overturned the pharmaceutical supply chain across the globe which has become a foremost roadblock for significant market players. China’s leading role as the ‘world’s factory’ and the domino effect of worldwide lockdowns, product slowdowns, dearth of raw materials, and labor scarcities are putting the international supply chain in general and North America’s temperature-controlled pharma packaging marketplace in specific at risk.

Pharmaceutical temperature-controlled packaging solutions industry in Asia Pacific is projected to grow at the highest CAGR during years to come. This growth can be attributed to the cumulative demand for insulated packaging from nations, such as Japan, China, and India.Asia Pacific is anticipated to perceive momentous growth on account of current stress of coronavirus as well as due to current restrictions on the export of numerous active pharmaceutical ingredients (APIs) from India. Further,restriction on high number of U.S. based generic drug manufacturers whose supply chain is profoundly dependent on Chinese suppliers is also stimulating market growth.

Key Companies & Market Share Insights

Rising emphasis of manufacturer to make use of reusable packaging containers is probable to support the growth of pharmaceuticals temperature-controlled packaging solutions market. On account of regulatory pressure and necessity to diminish the transportation costs, merchants are concentrating on approving reusable packaging container than one-way or disposable systems as it decreases the practice of insulation products and refrigerants that are linked with global warming and ozone depletion. Above-mentioned influences are expected to substitute growth of the market across the world during estimate period.

Majority of the crucial players uphold a strategic focus on North American and Western European markets, on account of the high penetration of related products in the region, while APEJ is also striking market with nations such as China and India with astonishing healthcare and medical facilities. Foremost market companies in the pharmaceuticals temperature-controlled packaging solutions market are also directed on the development of new-fangled products with improved properties, at the same time cost competitiveness will endure a robust differentiation strategy.

Certain noteworthy players in the Pharmaceutical Temperature Controlled Packaging Solutions market are as follows:

  • 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

Segments Covered in the Report

This research report includes comprehensive assessment of the market with the help of wide-ranging qualitative and quantitative insights, and projections concerning the marketplace. This research study offers breakdown of market into prospective and niche sectors. Further, this research study calculates market revenue and its growth trend at global, regional, and country from 2016 to 2027.This report includes market segmentation and its revenue estimation by classifying it on the basis of end-use and region as follows:

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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FAQ's

How much is the pharmaceutical temperature controlled packaging solutions market size?
The pharmaceutical temperature controlled packaging solutions market size was valued at US$ 3.75 billion in 2019 and market to reach US$ 6.41 billion by 2027.
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.
North America is predicted to occupy major stake in the global pharmaceutical temperature-controlled packaging solutions market. This region is likely to have a pool of large market players and more usage of pharmaceutical temperature-controlled products in the Canada and U.S. Further, the Asia Pacific excluding Japan (APEJ) region is expected to observe high growth latent for pharmaceutical temperature-controlled packaging solutions.
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.
Crucial players operating in the arena of global pharmaceuticals temperature-controlled packaging solutions are Pelican Biothermal, Sonoco, Sofrigam SA Ltd., Cryopak, Inmark Packaging, Cold Chain Technologies, VA-Q-Tec AG, Envirotainer Ltd., and American Aerogel Corporation among others.
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.

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