Global Temperature-Controlled Packaging for Pharmaceutical Market Overview
The global
temperature-controlled packaging for pharmaceutical market size is bound to display a stupendous CAGR of 9.48% over the forecast period (2020-2027), according to the latest report by Market Research Future (MRFR). Temperature-controlled solutions are essential in maintaining blood or vaccines. Cold chain solutions are used in this regard for the pharmaceutical industry to cater to the growing demand among patients and rise of lifestyle diseases. The packaging solutions are designed to maintain temperature conditions during the supply chain.
The market is driven by strict regulations to enhance distribution methods of pharmaceutical goods. Research and development programs for enhancing packaging process can encourage market growth. Temperature-controlled drugs and vaccines are shipped in adherence to electromechanical or electronic temperatures with supportive logs documenting its proper stora
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Asia Pacific
dominates the global canned food packaging market. The largest market share attributes to changing consumer buying patterns of more packaged foods in developing economies like India and China. Besides, the easy availability of ample raw materials and cost-competitive labor forces is a major factor benefitting the regional market.
Moreover, inclination towards long shelf-life and low product prices fuel the canned food packaging market in the region.
Demand for beverages, continuing with an upward trend toward low-cost alternatives for chilled beverages and frozen meat, boosts the region s market share. Changing lifestyles and the increasing purchasing power define the growing landscape of the regional market.
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