Market revenue in 2023 | USD 9,774.7 million |
Market revenue in 2030 | USD 16,550.0 million |
Growth rate | 7.8% (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 62.4% in 2023. Horizon Databook has segmented the Europe temperature controlled packaging solutions market based on passive, active covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is characterized by a significant presence of the world’s largest pharmaceutical companies including Bayer AG, F. Hoffmann-La Roche Ltd., Novartis AG, Sanofi, and GlaxoSmithKline among others. These companies mainly manufacture various temperature-sensitive pharmaceuticals in Europe and export them to the rest of the world.
In 2018, Germany, Switzerland, Belgium, France, and the Netherlands were the top five drug-exporting countries in the world. Therefore, large pharmaceutical production in the region makes it a lucrative market for insulated packaging manufacturers.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe temperature controlled packaging solutions market , including forecasts for subscribers. This continent databook contains high-level insights into Europe temperature controlled packaging solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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