The Global Temperature Controlled Primary Packaging Solutions Market research report is a powerful research manual which provides detailed analytical information about the Global Temperature Controlled Primary Packaging Solutions Market. The report gives comprehensive data identified with the Global Temperature Controlled Primary Packaging Solutions Market starting from its introductory segment to the market division alongside the estimate of its development patterns. Readers can get important market details in terms of revenue and sales as well as highlights the bolstering factors which contribute in the revenue generation.
The Temperature Controlled Primary Packaging Solutions Market report highlights all the dominant facets and key players of the Temperature Controlled Primary Packaging Solutions Market which contributes a lot in ever-changing growth patterns of the market. This is report has been designed for readers who wants to know how the market is going to behave in forecast period from 2019 till 2026.
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Global temperature controlled primary packaging solutions market is expected to register a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the overall growth of the pharmaceutical industry along with increased trading of food & beverage products globally. Global Temperature Controlled Primary Packaging Solutions Market By Type (Active, Passive), Product (Blister Packs, Clamshell Packaging, Paperboard Packaging, Unit Dose Packs, Shrink-Wrapping), Application (Food & Beverages, Pharmaceutical, Personal Care & Household, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Competitive Analysis:
Global temperature controlled primary packaging solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of temperature controlled primary packaging solutions market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa. Few of the major competitors currently working in the global temperature controlled primary packaging solutions market are:
Sonoco Products Company;
Cryopak A TCP Company;
Capsugel;
CLONDALKIN GROUP;
West Pharmaceutical Services, Inc.;
Wipak;
Eutecma GmbH;
WestRock Company;
SCHOTT AG;
AR Packaging Group AB;
CONSTANTIA;
Huhtamaki;
Pelican BioThermal;
ACH Foam Technologies, Inc.;
Softbox;
PCI Pharma Services;
Tempack Packaging Solutions, S.L.;
Intelsius;
IGH Holdings, Inc.;
Envirotainer;
DS Smith and va Q tec AG among others.
Market Drivers:
- High growth trend in usage of cold chain in the overall logistics; this factor is expected to drive the growth of the market
- Increased consumption and usage of convenience and packaged food products which require these solutions to maintain the freshness and integrity; this factor is expected to drive the growth of the market
- Growing advancements and availability of modern technological solutions; this factor is expected to drive the growth of the market
- Increasing levels of globalization and the need for reducing the costs associated with transit of goods; this factor is expected to drive the growth of the market
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Segmentation:
By Type
- Active
- Passive
By Product
- Blister Packs
- Clamshell Packaging
- Paperboard Packaging
- Unit Dose Packs
- Shrink-Wrapping
By Application
- Food & Beverages
- Pharmaceutical
- Personal Care & Household
- Others
By Geography
- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa
Key Developments in the Market:
- In October 2018, PCI Pharma Services announced that they have completed the acquisition of Sherpa Clinical Packaging, a leading innovator and provider of temperature-controlled primary and secondary packaging solutions. This acquisition will further expand the geographical presence of PCI and provide greater technological capabilities such as “Cold Chain” and “Ultra Cold Chain” facilities to the life-sciences market.
- In April 2018, PCI Pharma Services announced the establishment of contained packaging facility situated in Dublin, Ireland providing primary and secondary packaging solutions for highly potent products. The facility is expected to increase the capacity of services offered by the organisation, and this investment is a strategic step in expanding high containment operations worldwide.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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