Latest News- Temperature Controlled Container Market: Refrigerated containers is expected to lead the Type segment during 2025-2029

The Temperature Controlled Container Market is being driven by Growth in global food trade

The Temperature Controlled Container Market is expected to grow at a CAGR of 9.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 8690.8 million. The temperature controlled container market is experiencing robust growth, underpinned by strategic partnerships that optimize the efficiency and dependability of pharmaceutical logistics. In June 2023, SkyCell entered into a collaboration with Marken, enabling the latter to leverage SkyCell's advanced shipping solutions for global transportation of temperature-sensitive pharmaceutical products, including critical clinical trial drugs. In November 2023, NIPPON EXPRESS HOLDINGS, INC. formed an alliance with Cryoport Systems, offering cryogenic transport services for cellular raw materials and regenerative medicine products. This partnership caters to the global pharmaceutical industry's demand for transport solutions maintaining temperatures below -150 degrees Celsius, essential for preserving sensitive biological materials. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Refrigerated containers
  • Insulated containers
  • Active-temperature-controlled containers
• End-user
  • Food and beverages
  • Pharmaceuticals and healthcare
  • Chemicals
  • Biotechnology
  • Others
• Geography
  • APAC
    • China
    • Japan
    • South Korea
  • North America
    • US
  • Europe
    • Germany
    • UK
    • France
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growth in global food trade
• Expansion in pharmaceutical trade
• Temperature regulations for food transport

However, the market also witnesses some limitations, which are as follows:

• Disruptions in supply chain
• High freight rates
• Cybersecurity threats

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Market Scope in Temperature Controlled Container Market Research Report

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Research Analysis Overview

The Temperature Controlled Container Market encompasses various services and solutions, including Quality Assurance and Validation, Cold Storage Solutions, Cold Chain Management, Inventory Management, Traceability, and Cold Chain Compliance. Key offerings include Refrigerated Warehousing, Goods Distribution Practices, Thermal Packaging, Supply Chain Security, and Supply Chain Visibility. Temperature monitoring is crucial for Frozen Storage, Risk Management, Vaccine Distribution, and Temperature Data Logging. Logistics Optimization, Refrigerated Shipping, Cold Chain Audit, Temperature Mapping, and Food Safety Regulations are also essential. Cold Chain Technology, Logistics Automation, Pharmaceutical Logistics, Food Delivery Services, and Fresh Foods are trending areas. Green logistics, sustainable supply chain, and eco-friendly packaging are gaining importance, with temperature-controlled logistics utilizing recyclable, biodegradable, and reusable packaging for food preservation.

Market Research Overview

The Temperature Controlled Container Market is a significant segment within the broader Air Freight and Logistics Market. This market encompasses companies supplying temperature-controlled containers for the transportation of biopharmaceuticals, frozen food, and other temperature-sensitive goods. Technavio estimates the market size based on revenue generated from the sales of these containers and passive systems, mechanical components, and external power solutions. Factors driving market growth include the increasing demand for gene therapies and clinical trials, the need to prevent foodborne illnesses in frozen food transportation, and the rising trend of cross-border e-commerce activities.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/