United States (US) Temperature Controlled Packaging Market Research Report, 2027

United States (US) Temperature Controlled Packaging Market Research Report, 2027

Actual Market Research 29-06-2022 57 Pages Figures : 8 Tables : 17 Region : North America Country : United States Category : Manufacturing & Industry Machinery, Parts & Equipment

The cold chain market in the United States is anticipated to grow rapidly during the forecast period. Temperature-controlled packaging solutions shield temperature-sensitive products from the outside environment during transportation. Temperature-controlled packaging is necessary for all kinds of perishable products, including food and pharmaceuticals. The major imports and exports of chemical, food, and pharmaceutical products in the United States drive the growth of the temperature-controlled packaging market. Temperature-controlled packaging provides a safe supply of these products from one place to another without any damage. People's changing lifestyles and preferences are leading to an increase in the consumption of ready-to-eat foods and snacks; this trend will increase demand for temperature-controlled packaging solutions for preserving food products. Cold chain logistics is a booming market that’s likely to continue to see blockbuster growth during the forecast period. It is not easy to maintain the temperature for sensitive or perishable products, especially during times when the warehousing facilities are not available. Temperature controlled packaging provides the best and most effective solution for it. The United States is a developing country in industrial activities. Rapid urbanisation and increasing demand from the end-use industries are the main factors that led to the growth of the temperature-controlled packaging market in the United States. Technological advancements and developments have changed the way manufacturers use packaging solutions. They are striving for innovative packaging products that give them maximum advantages.

According to the research report, "US 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 8% in terms of value during the forecast period. The United States represents the world’s largest market for temperature-sensitive pharmaceutical products. Research and development activities and increasing investment in the pharmaceutical sector are the main reasons for the growth of the temperature-controlled packaging market in the United States. Also, the government’s initiatives are supporting the use of temperature-controlled packaging solutions in the country.

According to the report, based on application, the market is segmented into food, beverages, healthcare, and others. The food segment is leading the market for temperature-controlled packaging in the United States. The food segment accounts for more than 30% of the total market share. Temperature-controlled packaging is essential for food products as it protects perishable food products from the external environment. The beverage industry is another that is rapidly expanding in temperature controlled packaging. The presence of large beverage companies in the United States, given their immense dependence on temperature-controlled transportation facilities to deliver goods, is expected to drive the growth of the temperature-controlled packaging market. Based on the packaging type, the market is segregated into active packaging and passive packaging. The active packaging segment covers the major portion of the market share in temperature controlled packaging. Active packaging provides the accurate temperature of the perishable products. The passive segment is anticipated to register the highest growth rate during the forecast period. 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 the United States. Industries are adopting the reuse segment to sustain the environment.

COVID-19 Impact:
The COVID-19 pandemic has severely affected many areas: the economy, productivity, and the growth of the country. Trade activities are also restricted due to lockdown measures. Under the impact of the COVID-19 pandemic, every category of temperature-sensitive goods saw a surge in demand for packaging that ensures safe, reliable, and at-home delivery. People are moving towards panic buying. This has led to a high demand for temperature-controlled packaging solutions in various industries.
Considered in this report
• Geography: US
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• US 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

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.

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