North America Temperature Controlled Packaging Solutions Market Size & Outlook
North America temperature controlled packaging solutions market, 2018-2030 (US$M)
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North America temperature controlled packaging solutions market highlights
- The North America temperature controlled packaging solutions market generated a revenue of USD 15,868.5 million in 2023.
- The market is expected to grow at a CAGR of 8.3% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 15,868.5 million |
| Market revenue in 2030 | USD 27,757.4 million |
| Growth rate | 8.3% (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 |
Other key industry trends
- In terms of revenue, North America region accounted for 41.0% of the global temperature controlled packaging solutions market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 14,862.8 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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North America 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 64.14% in 2023. Horizon Databook has segmented the North America temperature controlled packaging solutions market based on passive, active covering the revenue growth of each sub-segment from 2018 to 2030.
The North American temperature controlled packaging is characterized by a significant presence of online grocery stores that primarily prefer insulated packaging for the transportation of fruits & vegetables and processed foods.
SPUD.ca, Longo Brothers Fruit Markets Inc., Fresh City Farms, Inc., Mama Earth Organics, Farm Fresh To You, and Imperfect Produce, among others, are few of the key online grocery providers operating in the region.
Thermo Safe, an insulated packaging unit of Sonoco Products Company, has a strong presence in the region. Furthermore, growing online grocery platforms in Mexico are anticipated to drive the insulated packaging market in North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America temperature controlled packaging solutions market , including forecasts for subscribers. This continent databook contains high-level insights into North America temperature controlled packaging solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America temperature controlled packaging solutions market size, by country, 2018-2030 (US$M)
North America Temperature Controlled Packaging Solutions Market Outlook Share, 2023 & 2030 (US$M)
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