Latest market study on "Temperature Controlled Packaging Market to 2027 by Packaging Type (Active, and Passive); End-user (Pharmaceutical, Healthcare, and Others); - Global Analysis and Forecast", the global temperature controlled packaging market is estimated to reach US$ 8.71 Bn by 2027 from US$ 5.18 Bn in 2018. The report includes a key understanding of the driving factors of this growth and also highlights the prominent players in the market and their developments.

The industries in North America are already working toward implementing a temperature controlled packaging systems for storage and transportation of temperature-sensitive products at a controlled temperature environment. Temperature controlled packaging systems comprises of designed packaging containers and shippers that maintain a controlled temperature environment to limit exposure of the product to low or high temperatures during shipment. Demand for transporting products from various industries in the North America region has considerably risen due to the need for packaging and logistics solutions. Hence, this factor is fuelling the demand for temperature controlled packaging solutions in the region. 

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In the North America region, the U.S. is witnessing a rapid rise due to wide demand for shipments of perishable goods, and pharmaceutical and healthcare products in bulk. Furthermore, companies in the region are highly focused on product and service launch strategies to survive in the global market. For instance, In Sept 2018, Softbox Systems Ltd., US-based temperature controlled packaging provider has launched a green recycling service for its life science customers in the U.S. and Canada. The company provides packaging solutions that lessen waste and its impact on the environment. With the help of this service company’s U.S. and Canada, customers can potentially reduce the cost of non-sustainable waste.

Companies across the globe are inclined towards expanding its shipping services to gain customers all over the world. For instance, in August 2019, FedEx Express, a U.S based company, would deliver its healthcare customers in Japan an enhanced temperature controlled shipping services using cold shipping packaging solutions. The service would provide improved convenience, severe temperature control throughout the entire shipment, and cost advantages. Furthermore, numerous healthcare companies choose temperature controlled packaging to ship biological materials, such as blood and platelets, vaccines, semen, cells, DNA, and pathogens. Hence, there is global growth in the healthcare industry, which acts as a key factor in boosting the growth of the market across the world

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