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 storage. Development of new drugs and therapies can spur the demand of cold chain logistics.