Asia-Pacific Temperature Controlled Packaging Solutions Market - Industry Analysis, Growth, Demand, Share, & Forecast To 2027

Temperature-controlled packaging is designed to maintain the temperature of the packaged products while also preventing heat from the external environment. Temperature-controlled packaging is necessary for all types of perishable and temperature-sensitive products. It guards against damage or waste of valuable and critical goods. Temperature-controlled packaging solutions keep products at a constant or required temperature from production to final transportation. Temperature-controlled shippers, containers, and pouches are the types of products that are used to maintain the temperature of the products. The temperature-controlled packaging market in Asia-Pacific is growing and also estimates the potential growth in the forecast period. For better inventory management and cost reduction, the temperature-controlled packaging market is growing in the Asia-Pacific region. Businesses are investing more in temperature-controlled packaging for the effective, efficient, and reliable process of maintenance and transportation. Growth in the life science and food industries are the main drivers for creating opportunities in the Asia-Pacific temperature-controlled packaging market. Concerns about food safety, as well as shifting consumer tastes, drive the demand for temperature-controlled packaging. On the other hand, demand for meat and seafood in various countries also plays a major role in the temperature controlled packaging solutions market. Healthcare industries are also growing in the Asia-Pacific region. The expansion of multinational pharmaceutical and biotechnological industries resulted in a high demand for the Asia-Pacific temperature-controlled packaging market. The Asia-Pacific temperature-controlled packaging solutions market is segregated into five prominent countries, namely: China, Japan, India, Australia, and South Korea. China is a growing country in the Asia-Pacific temperature-controlled packaging market. According to the research report, "Asia-Pacific Temperature Controlled Packaging Market, 2027," published by Actual Research, the market is anticipated to grow at a 10.83% CAGR in terms of value during the forecast period. In China, the demand for meat, seafood, frozen food, vegetables, and dairy products accelerates the demand for the temperature controlled packaging solutions market. The region's thriving pharmaceutical sectors and transportation of healthcare products both require an efficient temperature-controlled packaging system. Japan is considered a producer and exporter of pharmaceuticals to all over the world in the Asia-Pacific region. India is also a growing market for the temperature controlled packaging solutions market because of e-commerce and technological advancement in the country. According to the report, the market is divided into food, beverages, healthcare, and others based on application. The food segment accounts for the highest market share in the temperature-controlled packaging market. The increasing demand for meat, seafood, and dairy products in countries like China and South Korea will lead to a high demand for temperature-controlled packaging because these products are temperature-sensitive. The food segment in the temperature controlled packaging market is estimated to reach more than 30% of the market share in the forecast period. Based on usability, the market is segmented into the single use and reuse segments. In Asia Pacific, the reuse segment is increasing in all time periods. The pharmaceutical industry and other industries are now moving towards the concept of the reuse segment and are trying to develop a temperature-controlled packaging system that can be used more than once. Based on the product type, the market is segmented into insulated shippers and insulated containers. Insulated shippers are the most usable type of product in temperature-controlled packaging, which controls the temperature of the product. Base on the packaging type, the market is segmented into active packaging and passive packaging based. Active system packaging provides the most accurate temperature to the products, and the active system segment covers the highest portion of the temperature controlled packaging market. COVID-19 Impact: The spread of COVID-19 is an unprecedented health crisis across the globe that has impacted nearly every business. The COVID-19 impacted the supply chain of products in the world due to restricted trade. So there is a need for effective temperature-controlled packaging solutions for the storage of the product. Also, the supply of vaccines and medicines needs a temperature-controlled system, which is likely to propel the growth of the temperature-controlled packaging market in the Asia-Pacific. The major regions of the Asia-Pacific like India, China, and Japan are dominant for clinical and drug trials, which will increase the demand for temperature-controlled packaging solutions. 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 Considered in this report • Geography: Asia Pacific • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Asia Pacific 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 • Japan • China • India • Australia • South Korea 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: Asia-Pacific, China, Japan, India, Australia, South Korea, 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 the market size of Asia Pacific temperature controlled packaging solutions market in 2021? 2. What are the different types of temperature controlled packaging? 3. Which temperature controlled packaging type is leading the market? 4. What is the impact of COVID-19 on the Asia Pacific temperature controlled packaging solutions market? 5. What are the key factors driving the Asia Pacific temperature controlled packaging market? Please get in touch with our sales team to find out more.