Press release
Temperature Controlled Pharmaceutical Containers Global Market to Generate $9.38 Billion By 2028, Registering at a CAGR of 11.3% | Envirotainer Ltd., FedEx Corporation, Inmark LLC, Intelsius Ltd., Sofrigam SAS
Temperature Controlled Pharmaceutical Containers Global Market
The temperature controlled pharmaceutical containers market size has grown rapidly in recent years. It will grow from $5.53 billion in 2023 to $6.11 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to increased pharmaceutical transport, regulatory compliance, globalization of pharmaceutical supply chains, increasing complexity of pharmaceutical products, focus on patient safety.
The temperature controlled pharmaceutical containers market size is expected to see rapid growth in the next few years. It will grow to $9.38 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to growing biopharmaceutical market, focus on last-mile delivery, increased regulatory stringency, rise in personalized medicine, global health emergencies and vaccination needs. Major trends in the forecast period include advancements in cold chain technologies, globalization of pharmaceutical supply chains, use of advanced insulation and thermal barrier materials, rise in cold chain logistics outsourcing.
Market Overview -
Temperature-controlled pharmaceutical containers refer to containers that are accessed with sensors to protect the contents they can detect minute temperature changes and even discern if the materials get exposed to light, which could contaminate the products. It is used to maintain product integrity and avoid contamination.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8819&type=smp
Soaring Vaccine Sales Drive Temperature-Controlled Pharmaceutical Containers Market
Increasing sales of vaccines are driving the demand for the temperature-controlled pharmaceutical containers market, going forward. Vaccines are medication employed to boost the body's immunological defenses against diseases, enabling it to combat an infection that has never been encountered before as well as intended to prevent disease rather than to treat it. Vaccines and other temperature-sensitive goods must be stored and transported in temperature-controlled containers for safety. For an instance, in March 2022, according to the annual report published by Sanofi S.A, a France-based biopharmaceutical and healthcare company, the vaccines segment recorded net revenue of USD 6,197.96 million in 2021 and USD 58,548.8 million in 2020, recording an increase of 6.8% CER and 5.9%, reported basis, which included growth across all franchises. Therefore, an increasing sale of vaccines will drive the growth of the temperature-controlled pharmaceutical container market.
Competitive Landscape -
Major companies operating in the temperature controlled pharmaceutical containers market report are Peli BioThermal LLC, American Aerogel Corporation, AmerisourceBergen Corporation, Cold Chain Technologies Inc., Envirotainer Ltd., FedEx Corporation, Inmark LLC, Intelsius Ltd., Snyder Industries LLC, Sofrigam SAS, Sonoco Company, Tempack Packaging Solutions SL, United Parcel Service of America Inc., Va-Q-tec AG, Pelican BioThermal LLC, Softbox Systems Ltd., Cryopak Industries Inc., DHL International GmbH, Kuehne + Nagel International AG, World Courier Inc., Kalibox SA, Kodiak Technologies, Mesa Laboratories Inc., NOVA Chemicals Corporation, Sorba-Freeze Ltd., Termo-Kont MK LLC, Thermal Shipping Solutions, Thomas EMS, The Wool Packaging Company, Zarges GmbH, AeroSafe Global Inc., B Medical Systems SàRL, Croda International, Insulated Packaging Corp.
Novel Packaging Solutions Revolutionize Temperature-Controlled Pharmaceutical Containers
Innovation and development of novel packaging solutions are a key trend gaining popularity in the temperature-controlled pharmaceutical containers market. Major players in the temperature-controlled pharmaceutical containers sector are focused on innovation and the development of novel packaging solutions to sustain their marketplace. For an instance, in March 2022, Tower Cold Chain, a UK-based company, engaged in packaging and container manufacturing, launched the KTEvolution container for the transportation of pharma, life sciences, and biomedical products under temperature control. Compact vacuum-insulated panels with phase-change technology were used in the KTEvolution container to enable long-term thermal protection without the need for human intervention. KTEvolution uses a few fasteners and fittings to achieve innovation, particularly a lightweight webbing system that wraps around the container's exterior body.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/temperature-controlled-pharmaceutical-containers-global-market-report
Key Segments -
The temperature controlled pharmaceutical containers market covered in this report is segmented -
1) By Control: Active, Passive
2) By Form: Chest Style, Upright Style
3) By Content Type: Vaccines Or Drugs, Samples, Reagents, Genetic Materials
4) By End User: Pharmaceutical, Clinical Trial
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Temperature Controlled Pharmaceutical Containers Global Market to Generate $9.38 Billion By 2028, Registering at a CAGR of 11.3% | Envirotainer Ltd., FedEx Corporation, Inmark LLC, Intelsius Ltd., Sofrigam SAS here
News-ID: 3486695 • Views: …
More Releases from The Business research company
2024 Global Type 2 Diabetes Market Size, Share, Trends And Growth Analysis Repor …
"The type 2 diabetes market size has grown strongly in recent years. It will grow from $44.56 billion in 2023 to $48.14 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to lifestyle and dietary changes, aging population, pharmaceutical developments, public health initiatives.
The type 2 diabetes market size is expected to see strong growth in the…
Global Esophageal Dysphagia Market 2024 : SWOT Analysis Of Key Driving Factors F …
"The esophageal dysphagia market size has grown strongly in recent years. It will grow from $1.96 billion in 2023 to $2.08 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to aging population, gastroesophageal reflux disease (gerd), advances in endoscopy, esophageal motility testing.
The esophageal dysphagia market size is expected to see strong growth in the next…
Osteoarthritis Market 2024 Analysis By Size, Share, Growth, Trends Up To 2033 | …
"The osteoarthritis market size has grown rapidly in recent years. It will grow from $6.24 billion in 2023 to $6.87 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to aging population, obesity epidemic, advances in imaging, pain management.
The osteoarthritis market size is expected to see strong growth in the next few years. It will grow…
Global Caps And Closures Market 2024 : Trends, Business Growth And Major Driving …
"The caps and closures market size has grown strongly in recent years. It will grow from $73.17 billion in 2023 to $77.46 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to consumer packaging trends, food and beverage industry growth, pharmaceutical packaging needs, environmental concerns.
The caps and closures market size is expected to see strong growth…
More Releases for Temperature
Global Temperature Monitoring Devices Market | Global Temperature Monitoring Dev …
Temperature monitoring devices market comprises of the sales of temperature monitoring devices & related services which are used to autonomously record the temperature for particular period of time. These monitors assist in measuring a patient’s temperature during the postoperative care, critical care, shock, surgery, sepsis & infections, fertility & ovulation assessment, treatment of hypothermia & hyperthermia, or in other cases where there is a need to constantly monitor the body…
Global Non-Contact Temperature Measurement Instrument Market By Type (Portable, …
The global non-contact temperature measurement instrument market was valued at US$ 728.3 Mn in 2018 and is expected to reach US$ 1,059.0 Mn in 2026, growing at a CAGR of 4.89% during the forecast period.
Non-contact temperature measurement instruments measure temperature from a certain distance. Every matter with a temperature above absolute zero (0 K) emits infrared radiation relative to its temperature known as characteristic radiation. Whereas, the emissivity of a…
Monitoring Concrete Curing Temperature
Using the Bestselling dataTaker DT80 Intelligent Data Logger
CAS DataLoggers provided a local construction company with the data logging solution for one of their larger contracts. The customer needed to measure and monitor the curing progress of freshly-poured concrete to determine when the new structure could be loaded without causing damage to its foundations. With industry accepted concrete curing temperature methods, a newly-poured concrete structure does not reach full strength for…
Temperature Sensor Market Report 2018: Segmentation by Product (Thermistor, Resi …
Global Temperature Sensor market research report provides company profile for exas Instruments Inc. (U.S.), Analog Devices Inc. (U.S.), Microchip Technology Inc. , Honeywell International Inc. (US), STMicroelectronics N.V. (Switzerland), Infineon Technologies AG (Germany), General Electric Company (U.S.), ABB Ltd. (Switzerland), Maxim Integrated Products Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast…
Temperature Switches Market: To Continuously Monitor Temperature Of Equipment An …
Temperature switches are finding lot of applications in the food and beverages industry. Temperature switches are being widely used in the food and beverages industry for the quality assurance of products through various stages of production to storage. Most of the products in the food and beverages industry need to remain fresh until consumed. Even small changes in temperature can damage quality of the product, contaminate it, and render the…
Temperature Sensor Deep Analysis on Industrial and Deep Analysis on Industrial a …
Press Release - 26 Feb 2018
Global Research and Development News --
. .
Report Description-
' …
