Temperature Controlled Pharmaceutical Packaging Solutions (Tcpps) Market
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- Date Submitted: 06/20/2016 05:37 AM
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Temperature Controlled Pharmaceutical Packaging Solutions (TCPPS) Market: Global Industry Analysis and Opportunity Assessment, 2016-2026”, FMI’s latest report estimates the global temperature controlled pharmaceutical packaging solutions market to increase at 9.3% CAGR through 2026. The report estimates the market to rake in US$ 2.77 Bn in revenues by the end of 2016.
What’s Driving Global Demand for Temperature-controlled Packaging Solutions?
Focus on preventing temperature excursion and delivering drugs in a timely manner without any degradation in quality are the biggest challenges for pharmaceutical industry currently. Temperature-controlled packaging’s effectiveness in addressing these challenges is driving adoption across end-use industries. Reusable packaging and technology advancements that enable access to real-time temperature data are the key trends expected to shape the market in the future.
FMI’s report offers 10-year market forecast and analysis on the basis of product type, application, and region.
On the basis of product type, FMI’s report has segmented the market into insulated shippers, insulated protective shippers, insulated containers, and others (refrigerants, gel, icepacks, phase change materials etc.).
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Insulated containers are expected to witness high demand in Asia Pacific excluding Japan (APEJ), whereas insulated shippers are anticipated to gain traction in North America during the forecast period. FMI estimates demand for insulated protective shippers to be the lowest among all the product-types.
On the basis of application, the TCPPS market has been segmented into,
Frozen
Chilled
Ambient
Among these, the chilled application segment is expected to increase at the highest CAGR during the forecast period.
Region-wise, North America, Western Europe, and Asia Pacific excluding Japan (APEJ) are the three largest...
What’s Driving Global Demand for Temperature-controlled Packaging Solutions?
Focus on preventing temperature excursion and delivering drugs in a timely manner without any degradation in quality are the biggest challenges for pharmaceutical industry currently. Temperature-controlled packaging’s effectiveness in addressing these challenges is driving adoption across end-use industries. Reusable packaging and technology advancements that enable access to real-time temperature data are the key trends expected to shape the market in the future.
FMI’s report offers 10-year market forecast and analysis on the basis of product type, application, and region.
On the basis of product type, FMI’s report has segmented the market into insulated shippers, insulated protective shippers, insulated containers, and others (refrigerants, gel, icepacks, phase change materials etc.).
Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1446
Insulated containers are expected to witness high demand in Asia Pacific excluding Japan (APEJ), whereas insulated shippers are anticipated to gain traction in North America during the forecast period. FMI estimates demand for insulated protective shippers to be the lowest among all the product-types.
On the basis of application, the TCPPS market has been segmented into,
Frozen
Chilled
Ambient
Among these, the chilled application segment is expected to increase at the highest CAGR during the forecast period.
Region-wise, North America, Western Europe, and Asia Pacific excluding Japan (APEJ) are the three largest...