COVID-19 Analysis The ongoing COVID-19 pandemic has hugely impacted key end users of paper bags like beverages, food, and retail, among others. Thus the paper bags packaging market is experiencing a fall in demand. Further, the manufacturing of products was impeded owing to lockdowns and social distancing leading to decline in the market growth. Besides, overall supply chain disruptions, difficulty to source raw material owing to restrictions on transport, and unavailability of labors have caused hindrances in the market growth.
Market Segmentation The MRFR report highlights on an inclusive analysis of the paper bags packaging market based on application and product.
Paper Bags Packaging Market to Develop at 4.3% CAGR by 2027 globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
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