Temperature Controlled Packaging Solutions Market

New Product Launch, Capacity Expansion, and Partnership, Agreement & Collaboration. in the Temperature Controlled Packaging Solutions Market

Maintaining the desired temperature range for a predefined time is essential for temperature-sensitive products. Temperature fluctuation might degrade the quality of perishable goods. Temperature controlled packaging solutions help address this issue, as temperature controlled packaging encompasses an outer protective packaging layer, an inner insulation layer, and refrigerants that surround the actual product. This helps maintain a prescribed temperature range and prevents degradation of products. Major companies operating in the temperature controlled packaging solutions market are Pelican BioThermal LLC (U.S.), Sonoco Products Company (U.S.), Cold Chain Technologies, Inc. (U.S.), FedEx Corp. (U.S.), AmerisourceBergen Corp. (U.S.), and Deutsche Post AG (DHL) (Germany).

Some of the important strategies adopted by the key companies include new product launch, capacity expansion, and partnership, agreement & collaboration. These companies also invest in R&D activities to enhance their product portfolios and strengthen their position in the temperature controlled packaging solutions market.

Pelican BioThermal LLC is one of the major manufacturers of temperature controlled packaging solutions. Recently, in January 2017, the company launched CoolPall Vertos Advance, a single use temperature controlled bulk shipping solution. It also expanded its production facility in Plymouth, Minnesota (U.S.) during the same month. It had earlier established a new sales office in the Republic of Korea in July 2016. The company has a strong presence across the globe, which has been further strengthened by the establishment of its Asia headquarters in Singapore in May 2016.

Sonoco Products Company is another major player operating in the temperature controlled packaging solutions market. In September 2016, the company acquired the PharmaPort 360 assets, licenses, trademarks, and manufacturing rights from AAR, to enter the active temperature-controlled cargo containers market.

Cold Chain Technologies, Inc. is an important market player in the North American region. The company has a wide portfolio of temperature controlled packaging solutions which are used in a variety of applications. In September 2016, the company launched Koolit Advanced PCM Gel, which provides uniform thermal payload protection, in a flexible, break-resistant gel pack. Earlier, in September 2014, the company launched new offerings under its KoolTemp GTS pre-qualified line of shipping systems segment, which is the industry’s largest and most advanced family of thermal packaging.

Related Reports:

Temperature Controlled Packaging Solutions Market by Type (Active, Passive), Product (Insulated Shippers, Insulated Containers, Refrigerants), End-Use Industry (Food & Beverages, Healthcare), and Region - Global Forecast to 2021

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Report Code
CH 5031
RI Published ON
2/22/2017
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