NEWARK, Del, July 10, 2023 (GLOBE NEWSWIRE) -- Active and passive packaging systems are revolutionizing the temperature controlled vaccine packaging market, driving its growth and meeting the increasing demand for reliable solutions. Active packaging systems employ advanced technologies and external power sources to actively regulate and maintain the desired temperature inside the packaging. This precise temperature control is crucial for vaccines that are highly sensitive to temperature variations, such as mRNA-based vaccines. By leveraging cooling or heating mechanisms, active packaging systems can ensure that vaccines remain within the required temperature range for extended periods, preserving their efficacy and potency.
In 2023, the market for Temperature-Controlled Vaccine Packaging is expected to be worth US$ 917.1 million. By 2033, the market is anticipated to reach US$ 2,016.9 Million, with a CAGR of 8.2% over the projected period.
Passive packaging systems, on the other hand, provide an efficient and sustainable solution without relying on external power sources. These systems utilize insulating materials and phase change materials (PCMs) that absorb or release thermal energy to maintain the desired temperature. PCMs enable passive packaging to regulate temperatures for shorter durations, typically during transportation from distribution centres to healthcare facilities. This approach is particularly effective in scenarios where power sources may be limited or inaccessible.
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The transformative impact of active and passive packaging systems goes beyond traditional vaccine storage and transportation. These advanced technologies play a vital role in emergency response situations, such as outbreaks or natural disasters. By providing reliable temperature control, they enable swift deployment of vaccines to affected regions, saving lives and mitigating the spread of diseases.
Key Takeaways from this Market:
- The temperature controlled vaccine packaging industry in the United States is predicted to reach US$ 361.0 million by 2033, increasing at a 6.8% CAGR.
- The temperature controlled vaccine packaging industry in China is estimated to reach a market share of US$ 201.7 million, expanding at a CAGR of 8.5% by 2033.
- During the forecast period, the temperature controlled vaccine packaging industry in India is expected to reach a market share of US$ 104.9 million, securing a 9.8% CAGR.
- With a CAGR of 6.9% from 2022 to 2033, the insulated container segment is expected to dominate the temperature controlled vaccine packaging industry.
- With a CAGR of 7.2% from 2022 to 2033, the diagnostic center is expected to dominate the temperature controlled vaccine packaging industry.
Insulated Containers Spurring the Growth of Temperature Controlled Vaccine Packaging Market:
Insulated containers play a crucial role in maintaining the required temperature range for vaccines during transportation, especially in challenging environments or when extended travel times are involved. These containers are designed with advanced insulation materials that offer excellent thermal resistance, minimizing temperature fluctuations and heat transfer. A unique advantage of insulated containers is their ability to provide long-lasting temperature stability. They are capable of preserving the desired temperature for extended periods, ranging from several hours to several days, depending on the insulation quality and container design. This feature is particularly valuable for vaccine distribution to remote or underserved areas, where access to electricity or refrigeration facilities may be limited. By ensuring extended temperature stability, insulated containers enable the safe and effective transportation of vaccines over long distances, including international shipments. This is especially significant for vaccines that require strict temperature control. During mass vaccination campaigns or emergency situations, mobile clinics or temporary vaccination centres can benefit from insulated containers to store and transport vaccines while maintaining their temperature integrity.
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Key Players are:
- Sonoco ThermoSafe
- Cold Chain Technologies
- Sealed Air Corp.
- Nordic Cold Chain Solutions
- Cryopak
- CSafe Global LLC
- TemperPack Technologies, Inc.
- Insulated Product Corp.
- Pelican BioThermal LLC
- Envirotainer AB
- va-Q-tec AG
- Emball’iso
- Sofrigam SAS
- DGP Intelsius LLC
- Tempack Packaging Solutions SL
- Tower Cold Chain Solutions
- SkyCell AG
Key Segmentations:
By Packaging Format:
- Insulated Shippers
- Insulated Containers
By Insulation Material:
- EPS
- PUR
- VIP
- PCM
By Packaging System:
- Active Systems
- Passive Systems
- Hybrid Systems
By End Use:
- Diagnostic Centers
- Clinical Research Organization
- Other Healthcare Units
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About the Packaging Division at Future Market Insights (FMI):
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, and packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
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Temperature Controlled Packaging Solutions for Pharmaceuticals Market Scope: The temperature-controlled packaging solutions for the pharmaceuticals market is expected to record an above-average growth rate during the forecast period.
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Vaccine Shippers Market Demand: Research and development organizations and other pharmaceutical companies are investing in the development of new vaccines this will increase the demand for different vaccine shippers.
Vaccine Transport Carrier Market Analysis: The global Vaccine Transport Carrier Market is expected to grow at a rapid rate for the next few years.
Vaccine Ampoules Market Values: The global Vaccine Ampoules Market is anticipated to accumulate a market value of US$ 8.11 billion in 2023 and is expected to garner a valuation of US$ 21 billion by exhibiting a CAGR of 9.9% in the forecast period 2023 to 2033.
Medication Pouch Inspection Systems Market Outlook: The Medication Pouch Inspection Systems Market, which is projected to grow at a CAGR of 7.6% between 2023 and 2033, totaling around US$ 82.8 million by 2033.
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