Canada Temperature Controlled Packaging Solutions Market Size & Outlook
Canada temperature controlled packaging solutions market, 2018-2030 (US$M)
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Canada temperature controlled packaging solutions market highlights
- The Canada temperature controlled packaging solutions market generated a revenue of USD 2,886.5 million in 2023 and is expected to reach USD 4,874.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, passive was the largest revenue generating type in 2023.
- Active is the most lucrative type segment registering the fastest growth during the forecast period.
Temperature controlled packaging solutions market data book summary
| Market revenue in 2023 | USD 2,886.5 million |
| Market revenue in 2030 | USD 4,874.2 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Passive |
| Fastest growing segment | Active |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Canada accounted for 7.5% of the global temperature controlled packaging solutions market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. temperature controlled packaging solutions market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 20,873.5 million by 2030.
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Temperature Controlled Packaging Solutions Market Scope
Temperature Controlled Packaging Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada temperature controlled packaging solutions market outlook
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 63.15% in 2023. Horizon Databook has segmented the Canada temperature controlled packaging solutions market based on passive, active covering the revenue growth of each sub-segment from 2018 to 2030.
Busy lifestyles and substantial disposable incomes are the key factors fueling the increasing demand for temperature controlled packaging products in Canada, most notably for the packaging of food & beverages.
Various traditional brick and mortar stores, such as Wal-Mart, have started offering home delivery services for groceries, which is expected to fuel the growth of the Canadian temperature controlled packaging solutions market over the forecast period.
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Our clientele includes a mix of temperature controlled packaging solutions market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada temperature controlled packaging solutions market , including forecasts for subscribers. This country databook contains high-level insights into Canada temperature controlled packaging solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada temperature controlled packaging solutions market size, by type, 2018-2030 (US$M)
Canada Temperature Controlled Packaging Solutions Market Outlook Share, 2023 & 2030 (US$M)
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