According to Stratistics MRC, the Cold Chain Packaging Market is accounted for $22.97 billion in 2022 and is expected to reach $47.57 billion by 2028 growing at a CAGR of 12.9% during the forecast period.
In order to maintain a consistent temperature of a product from production to the end-user, a “cold chain” is classified as the transportation of temperature-sensitive products using thermal and refrigerated packing methods.
A method for shipping and packing goods that need to be kept at particular temperatures is called “cold chain packaging. Due to the high level of demand from the pharmaceutical industry, its adoption in international trade is anticipated to rise. Injections, vaccinations, medicines, and other products requiring particular temperatures are packed using it. These factors influence the market growth.
By geography, Asia Pacific is the region with the highest CAGR in the world and is anticipated to regulate the market by the end of the forecast period. Due to the rapid growth of cold storage projects, rising disposable incomes, and rise in population, cold packaging solutions are being implemented in the region at a healthy rate.
Some of the key players profiled in the Cold Chain Packaging Market include Pelican Products, Inc., Sealed Air Corporation, Peli BioThermal, Softbox Systems, Inc, Cold Chain Technologies, Coolpac, Nordic Cold Chain Solutions, Tempack, Sofrigam Company, Cryopak A TCP Company, Sonoco ThermoSafe, Clip-Lok SimPak and Cascades Inc.
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By Product Types:
- Polyurethane (PUR) Containers
- Expanded Polystyrene (EPS) Containers
- Vacuum Insulated Panels
- Pallet Shippers
- Crates
- Insulated Container & Boxes
- Labels
- Cold Packs
- Temperature Controlled Pallet Shippers
- Temperature Monitoring
By Materials:
- Insulating Material
- Refrigerants
- Polymer
- Metal
- Paper
By Packaging Formats:
- Disposable Packaging
- Reusable Packaging
By Applications:
- Industrial
- Pharmaceuticals
- Bakery & Confectionaries
- Food
- Fruits & Vegetables
- Fruit & Pulp Concentrates
- Dairy Products
- Fish, Meat & Seafood
- Processed Food
- Medical Devices
- Agriculture
By End Users:
- Cosmetics & Personal Care
- Chemical
- Homecare
- Beverages
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- Competitive Benchmarking
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