India Temperature Controlled Packaging Market Research Report, 2027

India Temperature Controlled Packaging Market Research Report, 2027

Actual Market Research 29-06-2022 57 Pages Figures : 8 Tables : 17 Region : Asia-Pacific Country : India Category : Manufacturing & Industry Machinery, Parts & Equipment

Temperature-controlled packaging imparts storage and distribution services for the products that have to be maintained at a given temperature. India is anticipated to be the fastest growing country in the temperature controlled packaging market during the forecast period. India has seen a significant growth in the production of perishable products like fruits, vegetables, meat and poultry products. India is currently the world’s largest producer of milk. Most of these products are temperature sensitive and require specific temperature ranges to be stored and transported. This has led to the establishment of the most efficient temperature controlled packaging in the country. The growth of the organized retail sector in India is the main driving factor for the temperature-controlled packaging market. With tremendous growth and developments in supply chain technology, it is possible to integrate effective temperature-controlled packaging solutions for the temperature-sensitive products in the country. The temperature-controlled packaging market is expected to grow rapidly in the forecast period due to robust changes in technology and effective logistics processes. The introduction of AIs and automated technology has changed the dynamics of logistics, and equipping it with a cold chain has maximized the efficiency of the temperature-controlled packaging system. These technologies help to check routines, temperature control, and also provide the regulation system for the manufacturer. Improvements in technology have enabled innovative packaging that is convenient for transportation and preserves the essence of products, making them safe for use. These all trends will lead to the high demand for temperature-controlled packaging in India.

According to the research report, "India Temperature Controlled Packaging Market Overview, 2027," published by Actual Market Research, the temperature controlled packaging market is anticipated to grow at a CAGR of more than 12% in terms of value during the forecast period. The government of India is providing technological and financial assistance in order to boost the development of the temperature-controlled packaging market. Other than that, the growth of the e-commerce sector in the country is the main factor that led to the growth of the temperature controlled packaging market. Rising demand for perishable products and increasing investments in the temperature-controlled packaging market led to the tremendous growth.

According to the report, based on the packaging type, the market is segregated into active packaging and passive packaging. The active segment is leading the market for temperature-controlled packaging in India. The active system has the highest temperature accuracy and provides greater flexibility to the products. The passive system segment is estimated to grow at the highest rate in the forecast period. Passive systems are the most basic and cost-effective. Passive shippers can be re-usable or disposable.

Based on application, the market is segmented into food, beverages, healthcare, and others. The food segment covers the highest portion of the temperature-controlled packaging in India. Compliance with hygiene rules in foodstuff production and reaching the consumer without spoiling during the supply chain are major factors for the growth of temperature-controlled packaging in the food sector. The beverage industry is the second large user of temperature controlled packaging. The key factor driving growth in the temperature-controlled packaging market for the pharmaceutical industry is the increase in demand for pharmaceutical products. Based on usability, the market is segmented into single use and reuse. Reusable packaging is the fastest growing trend in the temperature-controlled packaging market. The growing use of reusable containers has been driven by environmental concerns.

COVID-19 Impact:
Temperature-controlled packaging will play an important role through and after the COVID-19 pandemic. Food manufacturers, distribution centres, and cold-storage warehouses will need to go hi-tech to meet rising consumer demand. Moreover, the packaging company needs to maintain hygiene standards. Responding to COVID-19 was challenging for every industry across the globe. The efficient temperature-controlled packaging systems were also required for the supply of medicines, medical test kits, and vaccines.

Considered in this report
• Geography: India
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• India Temperature Controlled Packaging Solutions market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation

Types of Packaging in the report:
• Active Packaging
• Passive Packaging

By End-Use in the report:
• Food
• Beverages
• Healthcare
• Others

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.

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