Market revenue in 2023 | USD 8,042.5 million |
Market revenue in 2030 | USD 14,862.8 million |
Growth rate | 9.2% (CAGR from 2023 to 2030) |
Largest segment | Passive |
Fastest growing segment | Active |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Passive, Active |
Key market players worldwide | Sonoco Products Co, Aurora Solar Technologies Inc, DHL Group ADR, Cryopak, Envirotainer, Valor Industries, DGR Global, Safe Box International Cargo Packaging & Movers, PCI Technology, APEX Packaging Corporation |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to temperature controlled packaging solutions market will help companies and investors design strategic landscapes.
Passive was the largest segment with a revenue share of 67.15% in 2023. Horizon Databook has segmented the Asia Pacific temperature controlled packaging solutions market based on passive, active covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific temperature controlled packaging solutions market is expected to grow at a significant rate over the forecast period. This high growth is attributable to the presence of the two largest agricultural producing and consuming countries, namely China and India, in the region.
Furthermore, several key companies in Europe and North America have been outsourcing production activities to India and China owing to the lower production cost in these countries. Therefore, the potential growth of food and pharmaceutical industries is anticipated to increase the demand for temperature controlled packaging products within the region over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific temperature controlled packaging solutions market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific temperature controlled packaging solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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