The latest report by IMARC Group, titled “Cold Chain Packaging Market: Global Size, Share, Growth, Trends and Forecast 2028″ offers a comprehensive analysis of the industry, which comprises insights on the global cold chain packaging market share. The  market reached US$ 24.6 Billion in 2022. IMARC Group expects the market to reach US$ 47.4 Billion by 2028, exhibiting a growth rate (CAGR) of 11.3% from 2023–2028.

Cold chain packaging facilitates the storage, transportation, and distribution of products, such as vaccines, chemicals, lab samples, diagnostic materials, pharmaceuticals, and food items. It relies on insulating materials like refrigerant bricks, gel packs, thermal trolleys, and containers to prevent damage during transportation and ensure the viability of the material. Besides this, it promotes food safety and increases the shelf life of different products. As a result, cold chain packaging solutions find  applications in the pharmaceutical and food and beverage (FB) industries across the globe.

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Cold Chain Packaging Market Trends and Drivers:

The significant rise in the need for efficient packaging and transportation of temperature-sensitive products due to the rising prevalence of chronic medical disorders represents one of the key factors influencing the market. In line with this, escalating demand for ready-to-eat (RTE) food due to hectic schedules and changing dietary preferences is increasing the need for special packaging solutions. These packaging materials preserve the chemical values of the packed items and are suitable for contact with citric food items, dairy products, biopharmaceuticals, and several liquids. Apart from this, the development of more complex medicines that are used for hormone treatments also requires transportation at a controlled temperature, which is driving the market. Apart from this, stringent regulations for safe storage and distribution of time- and temperature-sensitive pharmaceutical products (TTSPPs) by World Health Organization (WHO) are offering lucrative growth opportunities to key market players. Furthermore, increasing inclination toward reusable, recyclable, and eco-friendly cold chain packaging solutions is propelling the market growth.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product:

• Insulated Container and Boxes
  • Large
  • Medium
  • Small
  • X-Small
  • Petite
• Crates
  • Dairy
  • Pharmaceutical
  • Fisheries
  • Horticulture
• Cold Packs
• Labels
• Temperature Controlled Pallet Shippers

Breakup by End User:

• Food
• Dairy
• Pharmaceutical
• Others

Breakup by Region:

• North America (U.S. Canada)
• Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
• Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
• Latin America (Brazil, Mexico)
• Middle East Africa

Competitive Landscape With Key Players:

• Cascades Inc.
• Chill-Pak
• Cold Chain Technologies Inc.
• CoolPac
• Creopack Inc.
• Cryopak Industries Inc.
• DGP Intelsius Ltd.
• Pelican Products, Inc.
• Sealed Air Corporation
• Sofrigam
• Softbox Systems Ltd. (CSafe Global LLC)
• Sonoco Products Company

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