North America Temperature Controlled Packaging Solutions (Active Packaging, Passive Packaging) Market, Forecast To 2027

Temperature-controlled packaging is a system in which the change in the temperature is measured and is adjusted to achieve the desired temperature range. Temperature-controlled packaging has become a very popular trend in recent times. Many temperature-sensitive products require the proper and efficient temperature-controlled packaging system, which gives the desired range of temperature to those temperature-sensitive products. Temperature-controlled packaging is not only helpful for maintaining the product; it is also helpful in the transportation of the product from one country to another. That means countries use temperature-controlled packaging solutions for import and export activities also. The market for temperature-controlled packaging solutions in North America is currently growing very fast and will also achieve immense growth in the forecast period. The main factor in the growing temperature-controlled packaging market in North America is the diet patterns of the people. Changes in lifestyle, changes in preferences, and busy lifestyles are the main factors for the growth of the temperature-controlled packaging solutions market. The demand for food products like meat, fruits, and dairy products is increasing in the region, and all of these are temperature-sensitive products and require a proper and efficient temperature-control system. On the other hand, the US (United States) is known for pharmaceutical products. The US covers the largest market in temperature controlled packaging solutions. Temperature-controlled packaging solutions are required for the storage and transportation of vaccines, drugs, and medicines. Because of the COVID-19 the requirement and the transportations of the vaccines is increased so there is high demand for the temperature controlled packaging solutions in US. According to the report title, “North America Temperature Controlled Packaging Solutions Market Outlook, 2027”, publish by Actual research, the market was value at around USD 12.82 Billion in 2021 and it is anticipated to grow with the CAGR of more than 9% during 2022 to 2027. Changes in regulations, trade impacts, current and future demand analysis, and import-export analysis are the main factors which affect the temperature controlled packaging solutions market. High demand for food and beverages, pharmaceuticals, and other products will lead to the potential growth of the temperature-controlled packaging solutions market. The countries' import and export activities will increase demand for temperature-controlled packaging. The food, beverages, and pharmaceutical segments provide profitable opportunities for the temperature-controlled packaging solutions market. The North America temperature controlled packaging market is segmented into the three main countries, including the United States of America, Canada and Mexico. USA is estimated to lead the market share of the temperature controlled packaging market in the North America for the forecast period. Most of the pharmaceutical companies are based in USA, and it covers the highest portion of the market in temperature controlled packaging solutions. Government initiatives and supporting activities in the country helps the pharmaceutical industries in USA.

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North America shows the potential growth in the temperature controlled packaging market because of the adoption of the new and advanced technology. In USA operators are investing more in the pharmaceutical industries for the research and development of the various vaccines and drugs. These will need the efficient temperature controlled packaging solutions. Also rising demand for the frozen foods in the urban areas lead to high demand for the temperature controlled packaging. The Government is also supporting and initiating the temperature controlled packaging market in the North America. According to the report, based on application, the market is segmented into food, beverages, healthcare, and others. The food segment covers the largest portion of the market for temperature-controlled packaging solutions. The market share of the food segment in North America is estimated to reach more than 30% by 2027. Dairy products, canned food, frozen foods, eggs, and ready-to-eat meals require temperature-controlled packaging. Based on product type, market is segmented into insulated containers and insulated shippers. Insulated shipping containers maintain a hot and cold temperature between the internal and external surroundings of the product. Based on usability, the market is segmented into single use and reuse. The reusable segment has immense growth in the temperature-controlled packaging market in North America. Industries are adopting the reuse segment to sustain the environment. COVID-19 Impact: The COVID-19 pandemic has severely impacted the world’s economy and international trade. Because of COVID-19, the demand for temperature-sensitive products is increasing. The pandemic accelerated the demand for the temperature-controlled packaging solutions market. High demand for vaccines and medicines requires the proper temperature for storage and transportation in other countries. Pharmaceutical industries have more impact on the temperature-controlled packaging market. Vaccine transportation requires a low temperature for shipping. The demand for the shipment of vaccines in the world will lead to an increase in the demand for temperature-controlled packaging solutions in the forecast period. Major Companies presented in the market: Deutsche Post AG, FedEx Corporation, United Parcel Service, Inc, AmerisourceBergen Corporation, Cardinal Health, Inc, Sonoco Products Company, Envirotainer AB, Sealed Air Corporation, VA-Q-TEC AG, Pelican Bio Thermal LLC, Sofrigam SA, American Aerogel Corporation, Cryopak Industries Inc, DGP Intelsius Limited, EcoCool GmbH, Inmark Global Holdings, LLC, TKT GmbH, Insulated Products Corporation, Aeris Group, Cryopak Industries Inc

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Kripa Shah

Senior Analyst

Considered in this report • Geography: North America • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • North America Temperature Controlled Packaging Solutions market with its value and forecast along with its segments • Country-wise temperature controlled packaging solutions market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report • USA (United States) • Canada • Mexico

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Types of Packaging in the report: • Active Packaging • Passive Packaging By End-Use in the report: • Food • Beverages • Healthcare • Others Types of Product in the report: • Insulated Containers • Insulated Shippers By Usability in the report: • Single • Reuse The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to temperature controlled packaging solutions industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Key Words: North America, USA, Canada, Mexico, Temperature controlled packaging solutions, Active packaging, Passive packaging, Insulated Containers, Insulated shippers, Cold chain, Beverages, Food, Chemicals, Pharmaceuticals, Healthcare. This report would help you answer the following questions: 1. What is temperature controlled packaging? 2. Who are the key players in North America temperature controlled packaging market? 3. Which region covers most of the market share in the North America? 4. What has been the impact of COVID-19 on the North America cold chain logistics market? 5. What are the key driving factors and challenges in the market? Please get in touch with our sales team to find out more.