According to Stratistics MRC, the Global Temperature Controlled Pharma Packaging Solutions Market is accounted for $4.91 billion in 2024 and is expected to reach $7.29 billion by 2030 growing at a CAGR of 6.8% during the forecast period.
Temperature-controlled pharma packaging solutions are specialized systems designed to maintain specific temperature ranges for pharmaceutical products during transportation and storage. These solutions are essential for safeguarding the integrity and efficacy of temperature-sensitive drugs, vaccines, biologics, and other healthcare products. They include insulated packaging, active cooling or heating systems, and temperature monitoring devices that ensure compliance with regulatory standards.
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Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to the rising demand for sustainable and eco-friendly packaging solutions, in line with strict environmental regulations. The rise in e-commerce and the growing food and beverage sector further contribute to market growth. The advancements in packaging technology and the emphasis on strong, durable packaging to improve brand appeal are also driving the adoption of innovative packaging solutions.
Some of the key players profiled in the Temperature Controlled Pharma Packaging Solutions Market include Sonoco Products Company, Cold Chain Technologies, LLC, Va-Q-Tec AG, Pelican BioThermal LLC, Softbox Systems, Sofrigam SA, DGP Intelsius GmbH, Inmark, LLC, Envirotainer AB, FedEx Corporation, United Parcel Service, Inc. (UPS), AmerisourceBergen Corporation, Mondi Group, Snyder Industries, and H.B. Fuller Company.
Key Developments:
In December 2024, Sonoco Products Company announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business to TOPPAN Holdings Inc. for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments.
In October 2024, Cold Chain Technologies (“CCT”), a leading global provider of?advanced?thermal packaging and?digital monitoring?solutions for the transportation of temperature-sensitive life sciences products, announced?it has acquired Tower Cold Chain (“Tower”), a global provider of advanced passive reusable cold chain solutions. Terms of the transaction were not disclosed.
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