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Cold Chain Packaging Market Key Companies and Recent Developments

Cold Chain Packaging Market Size, Segmentation Analysis

The cold chain packaging market is projected to expand from USD 24.86 billion in 2022 to approximately USD 72.83 billion by 2032, growing at a compound annual growth rate (CAGR) of 11.3% from 2023 to 2032.

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Cold Chain Packaging Market Companies

Key players in the cold chain packaging market include:

  • Cascades Inc.
  • Cold Chain Technologies
  • Creopack
  • Cryopak (a TCP Company)
  • Intelsius
  • Pelican Products, Inc.
  • Softbox
  • Sofrigam
  • Sonoco ThermoSafe
  • va-Q-tec

Recent Developments

  • August 2023: Ranpak Holdings Corp., a global leader in environmentally sustainable, paper-based packaging solutions for e-commerce and industrial supply chains, introduced the RecyCold Climaliner™. This innovative thermal liner is designed to meet the cold chain shipping requirements across a wide range of global markets.
  • April 2023: Cytiva, implementing its “Designing in Sustainability Strategy,” is leading the development of a recyclable packaging alternative to replace polystyrene. In collaboration with TemperPack, a notable provider of cold chain packaging, Cytiva has created new liners from sustainable materials like paper and corn starch. These liners effectively maintain the necessary low temperatures in shipping boxes while significantly reducing landfill waste generated by Cytiva’s customers.
  • January 2022: Catalent, a leading company in supporting biopharmaceutical, cell, gene, and consumer health partners, announced a substantial expansion of its cold chain packaging capabilities at its Philadelphia facility. This enhancement responds to the increasing demand for distributing biological drugs and advanced cell and gene therapies. The facility has added seven temperature-controlled processing suites, increasing the packing area by 20,000 square feet, and ensuring compliance with the specific temperature requirements of the medications being processed.

Segments Covered in the Report

By Product

  • Insulated Container and Boxes
  • Cold Packs
  • Pallet Shippers
  • Gel Packs
  • Crates
  • Temperature Controlled Pallet Shippers
  • Foam Bricks

By Material

  • Insulating Materials
  • Expanded Polystyrene (EPS)
  • Polyurethane rigid foam (PUR)
  • Vacuum Insulated Panel (VIP)
  • Cryogenic Tanks
  • Others
  • Metal
  • Paper

By End Use

  • Dairy Products
  • Fruit and Pulp Concentrates
  • Fish, Seafood, and Meat
  • Processed Food
  • Fruits and Vegetables
  • Bakery and Confectioneries
  • Pharmaceuticals
  • Others

By Packaging Format

  • Reusable Packaging
  • Disposable Packaging

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

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