Dublin, Dec. 05, 2024 (GLOBE NEWSWIRE) -- The "Cold Chain Packaging Market Global Forecast Report by Material, Product, Application, Countries and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.
The cold chain packaging market will go up from US$ 29.98 billion in 2024 to US$ 68.98 billion by 2033, with a CAGR of 9.70% from 2025 to 2033. The pharmaceutical industry is growing, innovations in the technologies related to cold chain packaging are high, and the consumption of perishable products such as fresh food, drugs, and vaccines will be on the higher side.
Pharmaceutical Industry Growth
The pharmaceutical industry serves to drive the cold chain packaging market, considering the number of drugs that are placed under controlled temperatures during transportation and storage, including vaccines, biologics, and insulin. The global demand for pharmaceuticals and vaccines is increasing on day-to-day basis, especially after the COVID-19 pandemic breakout. Latest demand for the pharmaceutical sector requires cold chain packaging, which must be able to preserve the quality and safety of temperature-sensitive drugs. Future growth and innovation in the pharmaceutical sector will probably generate much higher demand for advanced solutions in cold chain and make high-quality packaging demands for the integrity of the product.
Rising Demand for Perishables
Increasingly demanded fresh and perishable produce of seafood, dairy, fruits, and vegetables are also driving demands for efficient cold chain packaging. High-quality food products with greater shelf life are sought after by consumers as well as reliable packaging solutions by businesses to address these expectations. E-commerce has increased around the world, and when it comes to foods, especially delivery services, this demand has accelerated growth to a great extent. With cold chain packaging, it is possible to retain the freshness, nutritional value, and safety of perishable goods during transit, thus opening up growth opportunities for markets in both developed and emerging economies.
Advancements in Packaging Technologies
Market growth has been significant due to the technological advancements in cold chain packaging, including better materials for insulation, smart packaging solutions, and temperature monitoring devices. These innovations would leverage improved efficiency and sustainability of cold chain systems, with enhanced temperature control and energy consumption. Smart packaging, which provides real-time tracking, would further enable businesses to track the condition of products at various stages in the supply chain, thereby satisfying health and safety requirements. Here is where future technologies are going to play a deep-rooted role in expanding the cold chain packaging market.
Canada Cold Chain Packaging Market
The Canada cold chain packaging market is developing rapidly as the growth in demand for temperature-sensitive products has been growing rapidly, especially in the pharmaceutical, food, and healthcare industry. Fast growing consumption of fresh food, pharmaceuticals, and vaccines demands innovative packaging solutions that ensure a safe environment in transit. Others are insulated containers, gel packs, and temperature control pallets. The growing e-commerce sector, especially in the perspective of food delivery services in Canada, heightens the demand for fresh and perishable items. Technological advancements in packaging materials as well as temperature monitoring systems are also expected to fuel the industry.
France Cold Chain Packaging Market
The pharmaceutical, food and biotechnology industries, respectively, are witnessing a rise in demand for temperature-sensitive products. Among the various markets in France Cold Chain Packaging, their demands are the current driving forces. Due to the growing demand for secure transportation of perishable products, cold chain packaging solutions such as insulated containers and temperature monitoring systems have grown essential. The pharmaceutical industry, in particular, has increased its volume, as there is a high demand for temperature-controlled medicines and vaccines. Furthermore, development of packaging technologies is becoming smarter, with added real-time monitoring capabilities, to deliver more efficient and reliable cold chain solutions and thereby expand the market in France.
India Cold Chain Packaging Market
The growth in the India Cold Chain Packaging market is being largely witnessed due to the increasing demand for temperature-sensitive products in food and pharmaceutical industries. With the population growing continuously and more increasing middle class, demand for fresh, perishable food like fruits, vegetables, dairy, and meat is on the rise which requires cold chain packaging for the improvement of quality and safety of the product.
These factors include the growth of the pharmaceutical industry, especially with regards to vaccination supply in the country. Recently, interest has also emerged in better insulation materials and real-time temperature monitoring technologies, among others. Cold chain packaging is gaining prominence while delivering perishable goods across India, especially with the growth of e-commerce and online grocery shopping.
UAE Cold Chain Packaging Market
Rising demand for temperature-sensitive products in sectors such as food, pharmaceuticals, and healthcare is one of the key factors propelling the UAE Cold Chain Packaging market. Being recognized as a key global trade hub, the UAE also boasts a developing e-commerce sector, which will further boost market growth. With the rapid growth in demand for fresh and perishable foods, such as seafood, fruits, and vegetables, throughout the world, customers will not only be needing these products but the importance of cold chain packaging solutions in preventing product degradation and contamination during shipment will also rise.
Additionally, the constantly growing pharmaceutical market in the UAE, particularly through vaccine logistics and distribution, fuels the need for innovative temperature-controlled packaging solutions. Innovations in technologies related to smart packaging and temperature monitoring have placed cold chain packaging in the UAE on a growth trend, promising it an advancement toward the country's vision of efficient and secure supply chains.
Company Analysis
- Cascades Inc.
- Sonoco Products Company
- Pelican BioThermal LLC
- Cold Chain Technologies Inc.
- Cryopak Industries Inc.
- Sofrigam Company
- Intelsius (A DGP Company)
Key Attributes:
Report Attribute | Details |
No. of Pages | 125 |
Forecast Period | 2024 - 2033 |
Estimated Market Value (USD) in 2024 | $29.98 Billion |
Forecasted Market Value (USD) by 2033 | $68.98 Billion |
Compound Annual Growth Rate | 9.7% |
Regions Covered | Global |
Key Topics Covered:
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Cold Chain Packaging Market
6. Market Share Analysis
6.1 Material
6.2 Product
6.3 Application
6.4 Country
7. Material
7.1 Expanded Polystyrene (EPS)
7.2 Polyurethane Rigid Foam (PUR)
7.3 Paper & Paperboard
7.4 Others
8. Product
8.1 Insulated Pallet Shippers
8.2 Insulated Containers
8.3 Vacuum Insulated Panels
8.4 Gel Packs
8.5 Others
9. Application
9.1 Fruits & Vegetables
9.2 Dairy Products
9.3 Milk
9.4 Butter
9.5 Cheese
9.6 Ice Cream
9.7 Fish, Meat & Seafood
9.8 Processed Food
9.9 Pharmaceuticals
9.10 Vaccines
9.11 Blood Banking
9.12 Bakery & Confectionaries
9.13 Others
10. Country
10.1 North America
10.1.1 United States
10.1.2 Canada
10.2 Europe
10.2.1 France
10.2.2 Germany
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Belgium
10.2.7 Netherlands
10.2.8 Turkey
10.3 Asia Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 Australia
10.3.5 South Korea
10.3.6 Thailand
10.3.7 Malaysia
10.3.8 Indonesia
10.3.9 New Zealand
10.4 Latin America
10.4.1 Brazil
10.4.2 Mexico
10.4.3 Argentina
10.5 Middle East & Africa
10.5.1 South Africa
10.5.2 Saudi Arabia
10.5.3 UAE
11. Porter's Five Analysis
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Rivalry
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threat
13. Company Analysis
13.1 Overview
13.2 Key Persons
13.3 Recent Development & Strategies
13.4 Product Portfolio
13.5 Financial Insights
For more information about this report visit https://www.researchandmarkets.com/r/oji2v1
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