Temperature controlled Packaging Solutions for Pharmaceuticals Market Segmentation By Type, Application, And Research Area
The temperature-sensitive technology used in temperature-controlled packaging solutions by pharmaceutical manufacturers involves temperature fluctuations that are carefully monitored and controlled to meet the requirements of different pharmaceutical products. Some common temperature-sensitive packaging includes syringes, capsules, vials, oils, ointments, lotions, gels, solutions, tablets, capsules etc. These temperature-controlled packaging solutions are highly suitable for use in the pharmaceutical manufacturing plants and other such facilities.
In June 2021, Pelican BioThermal, a temperature controlled packaging solutions providing company, introduced a new service to provide single-use products for its consumers at various locations.
The temperature controlled packaging solutions for pharmaceuticals market is driven by the growing food and beverage industry, a surge in the usage of canned food, the advent of new technologies, globalization, and rising product wastage control activities.
On the contrary, the transportation of pharmaceutical products, either by roadways or waterways, involves a risk of contamination. Due to this factor, major regulatory bodies such as World Health Organization (WHO), European Union (EU), and U.S. Food and Drug Administration (FDA) have imposed strict regulations on transportation of temperature-controlled products.
On the geographical front, the North American region is poised to foresee a hike in usage of temperature-controlled packaging solutions in the presence of global pharma and biopharma firms in this region which drives the temperature controlled packaging solutions for pharmaceuticals market. Likewise, in the wake of surging contagious diseases and the necessity for cold chain solutions to preserve vaccines, the Asia Pacific region is believed to be tremendously profitable for the temperature controlled packaging solutions for pharmaceuticals market.
Biopharma industry is one of the most important end-use sectors in the temperature controlled packaging solutions for pharmaceuticals market. Medicines, gene treatments, vaccines, tissues, enzymes, and cell treatments from the industries are some examples. These items need to be transported at a lower temperature. The demand for the COVID-19 vaccine, cell and gene treatments, and other flu vaccinations is expected to rise in 2020 as a result of the COVID-19 pandemic. In June 2021, LifeMade disclosed that its cold chain packaging solutions division, Lifoam Industries, increased the production of Envirocooler ActiVault, a temperature-controlled system, to protect the COVID-19 vaccines at a specific temperature during transportation.
Pharmaceutical manufacturers have been using temperature-controlled packaging to manufacture a wide range of pharmaceutical products. Apart from temperature-sensitive, these temperature-controlled packaging solutions can also include temperature-sensitive and temperature-dependent packaging.
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