Temperature Controlled Packaging Solutions Market Worth $16.8 Billion By 2025: Grand View Research, Inc.
Read 150 page research report with TOC on "Temperature Controlled Packaging Solutions Market Size, Share & Trends Analysis Report By Product (Insulated Container, Insulated Shipper), By Application (Food & Beverage, Healthcare), And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/temperature-controlled-packaging-solutions-market
Asia Pacific is expected to witness significant growth in the upcoming years due to expansion of the pharmaceutical and food and beverage industries in emerging economies, including China and India. Furthermore, increasing number of organized retail has augmented the demand for food packaging in the abovementioned countries.
Innovation has been a crucial part of the industry. Over the past few years, manufacturers have been emphasizing on R&D of the products. For instance, in 2018, Softbox Systems Ltd introduced MAX range containers. The Tempcell MAX range containers are for single-use with improved coolant barrier system. The water-based model has been replaced by an internal barrier film to enhance thermal retention. However, Silverpod MAX is a recyclable coolant system with a solar barrier film. Similarly, in July 2017, Sonoco Products Company launched a new range of reusable packaging, ChillTech, for the shipment of pharmaceutical and biological products. It provides temperature control from 2 to 6 days.
Grand View Research has segmented the global temperature controlled packaging solutions market on the basis of product, application, and region:
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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