Passive Temperature-controlled Packaging Solutions Market Outlook 2032
The global passive temperature-controlled packaging solutions market size was USD 12.27 Billion in 2023 and is projected to reach USD 21.57 Billion by 2032, expanding at a CAGR of 9.1% during 2024–2032. The market growth is attributed to the increasing demand for advanced temperature-controlled product quality and sustainable packaging practices.
Evolving landscape of industries such as pharmaceuticals, healthcare, food & beverage, and biotechnology are propelling the market. Companies are increasingly recognizing the importance of maintaining product integrity during storage and transportation, driving the adoption of advanced packaging solutions. These solutions leverage insulation materials and advanced design techniques to ensure temperature stability and protect sensitive products from temperature variations.
Growing environmental awareness and regulations regarding sustainable packaging are fueling the market. With an emphasis on reducing carbon footprint and minimizing waste, companies are exploring eco-friendly packaging materials and designs. Regulatory bodies are playing a crucial role in promoting sustainable practices and encouraging the adoption of passive temperature-controlled packaging solutions. For instance,
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In 2021, the European Medicines Agency (EMA) released guidelines on Good Distribution Practice (GDP) for medicinal products for human use. These guidelines outline the requirements for the storage and transportation of temperature-sensitive pharmaceuticals, emphasizing the need for proper temperature-controlled packaging and monitoring throughout the supply chain.
Rising investments in research & development are boosting innovation in passive temperature-controlled packaging. Companies are focusing on enhancing insulation performance, optimizing packaging designs for efficiency, and developing reusable & recyclable solutions. These advancements are improving product protection and offering cost-effective & sustainable options for businesses looking to streamline their supply chain operations.
Impact of Artificial Intelligence in the Passive Temperature-controlled Packaging Solutions Market
Artificial Intelligence (AI) is revolutionizing the passive temperature-controlled packaging solutions market. AI-powered analytics and predictive modeling have enhanced temperature monitoring and control, ensuring optimal conditions for sensitive products during storage and transportation. These AI-driven solutions offer real-time insights, proactive risk management, and automated adjustments, improving efficiency and reducing the risk of temperature excursions, thereby enhancing product integrity and customer satisfaction.
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In July 2021, Cold Chain Technologies, a major provider of temperature-controlled packaging solutions, announced the integration of AI-based sensors and monitoring systems into their passive packaging products. This integration allowed for real-time temperature monitoring, predictive analytics, and automated alerts in case of temperature deviations.
Passive Temperature-controlled Packaging Solutions Market Dynamics
Major Drivers
Rising demand for temperature-sensitive products such as pharmaceuticals, biologics, vaccines, and perishable goods is driving the market in the forecast period. The need to maintain precise temperature conditions during storage and transportation to ensure product efficacy and safety is growing, due to the advancements in the healthcare and biotechnology industries. For instance,
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In 2022, Pelican BioThermal launched its new Credo Cube Series, featuring reusable passive temperature-controlled packaging solutions designed for the pharmaceutical, biotechnology, and healthcare industries.
Surging focus on maintaining product integrity and quality throughout the supply chain is a signficnat factor in boosting the market. Industries such as food & beverage, healthcare, and biotechnology are increasingly prioritizing the protection of sensitive products from temperature variations, contamination, and damage, driving the need for reliable and efficient packaging solutions. For instance,
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In 2021, Softbox Systems collaborated with AT&T to integrate Internet of Things (IoT) technology into its temperature-controlled packaging solutions, enabling real-time monitoring and data analytics for improved shipment visibility and control.
Growing regulatory requirements and standards for the transportation and storage of temperature-sensitive goods are anticipated to drive the market during the forecast period. Regulatory bodies such as the FDA, EMA, and WHO have strict guidelines regarding temperature control and monitoring, creating a demand for innovative packaging solutions that comply with industry regulations and ensure product compliance and safety. For instance,
Existing Restraints
High implementation costs are expected to hamper the widespread adoption of passive temperature-controlled packaging solutions in the coming years. The investment required for specialized packaging materials, temperature-monitoring devices, and regulatory compliance poses challenges for businesses to incorporate these solutions into their supply chains effectively.
Limited compatibility with certain products is likely to limit the market. Products with unique temperature requirements or sensitivity levels restrain the effectiveness of passive temperature-controlled packaging solutions.
Emerging Opportunities
High demand for eco-friendly solutions is projected to create lucrative opportunities in the market in the coming years. There is a rising demand for eco-friendly passive temperature-controlled packaging solutions in response to the growing environmental concerns and sustainability initiatives. Companies are increasingly focusing on reducing carbon footprint and adopting biodegradable materials and reusable packaging designs.
Increasing focus on cold chain logistics is a significant factor in creating new opportunities in the market. The growing emphasis on maintaining an efficient cold chain logistics network in the pharmaceutical and food industries is contributing to an increase in the demand for advanced packaging technologies that offer reliable temperature control and monitoring capabilities.
Scope of the Passive Temperature-controlled Packaging Solutions Market Report
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics are included in the report.
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Attributes
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Details
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Report Title
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Passive Temperature-controlled Packaging Solutions Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2023
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Historic Data
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2017 -2022
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Forecast Period
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2024–2032
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Segmentation
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Type of Insulation Material (Expanded Polystyrene (EPS), Polyurethane (PUR), Vacuum Insulated Panels (VIP), Fiberglass Insulation, and Others), Packaging Type (Boxes, Containers, Pallet Shippers, Envelopes, and Others), Temperature Range (Ambient Temperature, Refrigerated Temperature (2-8°C), Frozen Temperature (<-20°C), and Controlled Room Temperature (CRT)), and End-user (Pharmaceuticals, Food & Beverage, Healthcare, Chemicals, Biotechnology, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Avery Dennison; Cold Chain Technologies; Cryopak; DHL; Envirotainer; FedEx; Marken; Pelican BioThermal; Softbox Systems; and Sonoco ThermoSafe.
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Regional Outlook
In terms of region, the global passive temperature-controlled packaging solutions market is classified as Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. North America held a major market share in 2023, due to its well-established pharmaceutical and healthcare industries. These industries demand stringent temperature control during the transportation of sensitive products such as vaccines and biologics.
The presence of key market players, advanced infrastructure, and regulatory compliance is contributing to the growth of the market. Moreover, the US Food and Drug Administration (FDA) regularly updates regulations related to the transportation and storage of temperature-sensitive drugs and biologics boost the market. For instance,
The market in Asia Pacific is projected to grow at a significant pace during the forecast period, owing to the increasing adoption of temperature-sensitive products in the food & beverage industry. With consumers prioritizing freshness and quality, companies are investing in temperature-controlled packaging solutions to maintain product integrity during transit. Additionally, stringent regulations regarding the transportation of perishable goods are driving the demand for advanced packaging solutions in the region. For instance,
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In 2021, Marken expanded its cold chain logistics network with the opening of a new facility in Beijing, China to support the growing demand for temperature-controlled transportation and storage of clinical trial materials and pharmaceutical products.
Passive Temperature-controlled Packaging Solutions Market Segment Insights
Type of Insulation Material Segment Analysis
Based on type of insulation material, the passive temperature-controlled packaging solutions market is divided into expanded polystyrene (EPS), polyurethane (PUR), vacuum insulated panels (VIP), fiberglass insulation, and others. The expanded polystyrene (EPS) segment held a major share of the market in 2023, due to its excellent thermal insulation properties such as lightweight, cost-effectiveness, and widespread availability. These factors made EPS a preferred choice for temperature-sensitive shipments in the pharmaceutical and food industries.
The vacuum insulated panels (VIP) segment is expected to expand at a significant growth rate in the coming years, as it offers superior insulation performance as compared to traditional materials such as EPS and polyurethane. VIPs provide ultra-low thermal conductivity, leading to small package sizes, reduced shipping costs, and enhanced temperature control during transit. These advantages are driving the adoption of VIPs, particularly in industries requiring precise temperature maintenance for high-value products.
Packaging Type Segment Analysis
On the basis of packaging type, the global market is segregated into boxes, containers, pallet shippers, envelopes, and others. The boxes segment held the largest market share in 2023, attributed to the versatility, cost-effectiveness, and widespread use of boxes across various industries. Boxes offer good insulation properties when combined with suitable materials such as EPS or VIPs, making them suitable for transporting temperature-sensitive goods in pharmaceuticals, food, and other sectors.
The containers segment is anticipated to hold a major share of the market during the projected period, due to the increasing adoption of reusable and durable containers for temperature-controlled shipments. Containers provide improved protection against external environmental factors, offer space for large shipments, and support sustainable practices by reducing packaging waste. For instance,
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In 2021, Envirotainer collaborated with Qatar Airways Cargo to enhance its cold chain capabilities, offering temperature-controlled air freight services for pharmaceutical and healthcare shipments across global routes.
Temperature Range Segment Analysis
Based on temperature range, the passive temperature-controlled packaging solutions market is segmented into ambient temperature, refrigerated temperature (2-8°c), frozen temperature (<-20°c), and controlled room temperature (CRT). The ambient temperature segment led the market in terms of revenue in 2023, owing to the high demand for packaging solutions that maintain stable temperatures around room temperature for various products such as pharmaceuticals, chemicals, and some food items.
The refrigerated temperature (2-8°C) segment is projected to register a robust growth rate during the assessment years. This growth is driven by the increasing demand for temperature-controlled packaging solutions for pharmaceuticals, vaccines, and biologics that require storage and transportation within a specific refrigerated temperature range. The demand for refrigerated temperature packaging is expected to rise significantly, with advancements in cold chain logistics and regulatory requirements for maintaining the integrity of temperature-sensitive products.
End-user Segment Analysis
On the basis of end-user, the market is divided into pharmaceuticals, food & beverage, healthcare, chemicals, biotechnology, and others. The pharmaceuticals segment generated a major revenue share of the market in 2023, attributed to the strict regulations regarding the transportation and storage of pharmaceutical products, which require precise temperature control to maintain their efficacy and safety. The increasing demand for biologics, vaccines, and other temperature-sensitive drugs is expected to fuel the segment in the coming years.
The healthcare segment is expected to lead the market in terms of revenue during the projection period, due to the rising focus on patient care and the need for temperature-controlled packaging solutions for medical devices, diagnostic kits, and biological samples. The demand for temperature-controlled packaging solutions in the healthcare industry is anticipated to grow significantly in the coming years, with advancements in healthcare technologies and an increasing emphasis on maintaining product quality and safety. For instance,
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In 2021, Sonoco ThermoSafe introduced the Pegasus Unit Load Device (ULD) to its line of bulk temperature-controlled solutions, providing an efficient and secure option for air cargo shipments of pharmaceuticals and biologics.
Segments
The passive temperature-controlled packaging solutions market has been segmented based on
Type of Insulation Material
- Expanded Polystyrene (EPS)
- Polyurethane (PUR)
- Vacuum Insulated Panels (VIP)
- Fiberglass Insulation
- Others
Packaging Type
- Boxes
- Containers
- Pallet Shippers
- Envelopes
- Others
Temperature Range
- Ambient Temperature
- Refrigerated Temperature (2-8°C)
- Frozen Temperature (<-20°C)
- Controlled Room Temperature (CRT)
End-user
- Pharmaceuticals
- Food & Beverage
- Healthcare
- Chemicals
- Biotechnology
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global passive temperature-controlled packaging solutions market are Avery Dennison; Cold Chain Technologies; Cryopak; DHL; Envirotainer; FedEx; Marken; Pelican BioThermal; Softbox Systems; and Sonoco ThermoSafe.
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In 2023, Cold Chain Technologies announced a strategic collaboration with AeroSafe Global to expand its portfolio of passive thermal protection solutions for the pharmaceutical and life sciences sectors.
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In 2022, DHL announced a partnership with American Airlines Cargo to launch a transatlantic cold chain service, leveraging its temperature-controlled packaging solutions and extensive air cargo network of American Airlines.
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In 2022, Avery Dennison introduced its SmartSense Cold Chain Labels, incorporating RFID technology and temperature sensors to provide real-time monitoring and tracking of temperature-sensitive shipments, ensuring product integrity throughout the supply chain.
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In November 2021, Sonoco ThermoSafe signed an agreement with the most trustworthy company Singapore Airlines, for leasing Pegasus ULD, a passive temperature-controlled container that is aircraft friendly and carries the contents in bulk.
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In April 2021, Softbox System Ltd, one of the key players, partnered with Pfizer and supported the COVID-19 vaccine transportation with their temperature-controlled packaging specifically designed to suit the temperature requirements for vaccines. Furthermore, they also launched a cardboard-insulated temperature-controlled container to carry chilled foods.
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