Passive Temperature Controlled Packaging Market Size, Share, Growth Analysis, By Product(Insulated Shipper and Insulated Container), By Application(Food & Beverage, Healthcare, and Others), By Region - Industry Forecast 2024-2031

Global Passive Temperature Controlled Packaging Market size was valued at USD 11.56 Billion in 2022 and is poised to grow from USD 12.62 Billion in 2023 to USD 25.33 Billion by 2031, growing at a CAGR of 9.1% in the forecast period (2024-2031).

The global passive temperature controlled packaging market is experiencing significant growth, driven by increasing demand for temperature-related products in various industries including pharmaceutical, biotechnology and food and beverage. As globalization expands all the time, the need for reliable and competent packaging solutions is aimed at maintaining product integrity during heat waves. This is the comparison of active temperature packaging for exchange of conversion materials. It is a cost-effective and environmentally friendly solution.

However, the marketing of the market regulators, options from packaging solution options, and the growth of biopharmaceuticals, increased e-commerce activities. The market markers of action and temperature are poised for continued expansion in the coming years.

The growing adoption of biologics and uniqueness drugs, which can be regularly temperature-sensitive and require stringent temperature control for the duration of transportation, is a primary driving force for the global passive temperature controlled packaging marketplace. The boom of the biopharmaceutical enterprise, alongside advancements in drug development and personalized medicine, is using demand for dependable and efficient temperature-managed packaging.