India Temperature Controlled Packaging Solutions Market Size & Outlook
India temperature controlled packaging solutions market, 2018-2030 (US$M)
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India temperature controlled packaging solutions market highlights
- The India temperature controlled packaging solutions market generated a revenue of USD 872.6 million in 2023 and is expected to reach USD 1,768.7 million by 2030.
- The India market is expected to grow at a CAGR of 10.6% 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 872.6 million |
| Market revenue in 2030 | USD 1,768.7 million |
| Growth rate | 10.6% (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, India accounted for 2.3% 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 Asia Pacific, China temperature controlled packaging solutions market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,768.7 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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India 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 67.6% in 2023. Horizon Databook has segmented the India temperature controlled packaging solutions market based on passive, active covering the revenue growth of each sub-segment from 2018 to 2030.
India emerged as the second-largest producer of broccoli in the world 2018. Growing agricultural production and rising health consciousness among consumers are the factors expected to drive the demand for temperature controlled packaging products in the country over the forecast period.
Organized retail is likely to be one of the biggest drivers for the Indian temperature controlled packaging solutions market over the forecast period. With an expanding organized food retail sector in the country, more consumers are gaining access to a wide variety of dairy products, meat & poultry products, and fresh fruits & vegetables, among other products.
These products, owing to their temperature sensitive nature necessitate the application of temperature controlled packaging products in the country.
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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 India temperature controlled packaging solutions market , including forecasts for subscribers. This country databook contains high-level insights into India temperature controlled packaging solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India temperature controlled packaging solutions market size, by type, 2018-2030 (US$M)
India Temperature Controlled Packaging Solutions Market Outlook Share, 2023 & 2030 (US$M)
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