Top Companies in Cold Chain Packaging Market | Major Leading Players of Industry In-depth Analysis by VMR

Upcoming Trends in Cold Chain Packaging Market   

The Global Cold Chain Packaging Market is valued at USD 19.7 Billion in the year 2021 and is projected to reach a value of USD 34.7 Billion by the year 2028. The Global Market is forecasted to grow and exhibit a Compound Annual Growth Rate (CAGR) of 9.9% over the forecast period. With numerous vaccines for combating the COVID-19 pandemic receiving regulatory approvals and achieving commercialization across the globe, pharmaceutical companies have been striving to meet the challenges pertaining to logistics in order to ensure maximum safety and effectiveness of COVID-19 vaccines.

The labeling, packaging, and distribution of products including COVID-19 vaccines and cell & gene therapy medical products necessitates the storage and processing at ultra-low temperatures, often ranging between −20 to −80 °C. Such products become unusable if the temperatures are not maintained efficiently and rapidly. The greater degree of risk and complexity while handling similar sensitive medical products requires highly effective techniques. In order to ensure optimal consistency in temperature ranges, humidity and temperature sensors are being deployed by the leading Cold Chain Packaging companies.

Some of the key players operating in the Cold Chain Packaging Market are listed below:

1. Clondalkin Group

Founded in 1977 and headquartered in the Netherlands, Clondalkin’s individually managed flexible packaging companies produce barrier films, biodegradable films, bundle wrap, capping foils and lidding films, cereal liners, confectionary packaging, flower sleeves, home & personal care films, and laminates, lids, shrink sleeves, skin-tight packaging, tobacco inner liners and other similar products designed for a range of markets. These markets include food, beverage, dairy, confectionery, home, and personal care, and tobacco.

The objective of Clondalkin’s companies is to create market-leading packaging products that provide its customers with solutions to satisfy the need for improved packaging performance. 

2. Cyropal Industries Inc.

Founded in 1981, Cryopak Industries, Inc. develops, manufactures, and markets temperature-controlling products and packaging systems. The Company's products are used for the transport of pharmaceuticals, airline food and beverages, seafood, and other perishable products. Cryopak's technology is comprised of uniform laminate pouches filled with a clear non-toxic liquid.

3. Dgp Intelsius LLC.

Dgp Intelsius, LLC manufactures packaging materials. The Company designs and supply of temperature-controlled and sample transport packaging solutions. Dgp Intelsius serves customers worldwide.

4. CCL Industries Inc.

CCL Industries Inc. is a Toronto, Ontario-based company founded in 1951. It describes itself as the world's largest label maker. It is listed on the Toronto Stock Exchange and is an S&P/TSX 60 Component. CCL consists of five divisions – CCL Label, CCL Container, Avery, Checkpoint, and Innovia. Listed as CCL.B (TSE) in the stock market the company has approximately 20,000 employees.

5. Sealed Air Corporation

Sealed Air Corporation is a packaging company known for its brands: Cryovac food packaging and Bubble Wrap cushioning packaging. It sold off its stake in Diversey Holdings in 2017. Headquartered in Charlotte, North Carolina, its current CEO is Ted Doheny.   

6. Sonoco Products

Founded in 1899, Sonoco Products Company is a United States-based international provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of composite cans, tubes, and cores. The company is listed as SON (NYSE) in the New York stock market. In 2020, the company generated revenue of USD 5.7 billion and has 21,000 employees working.

7. Amcor

Amcor plc is a global packaging company. It develops and produces flexible packaging, rigid containers, specialty cartons, closures, and services for food, beverage, pharmaceutical, medical-device, home and personal care, and other products. The company is listed as AMCR (NYSE) in the New York stocks market. In 2020, the company generated revenue of USD 1.2 billion and has 46,200 employees working.

8. Gerresheimer

Gerresheimer AG is a German manufacturer of primary packaging products for medication and drug delivery devices made of special-purpose glass and plastics with headquarters in Düsseldorf for the pharmaceutical and cosmetics industries. The company has production operations in Europe, the Americas, and Asia. The company is listed on the stock market as GXI (ETR). In 2017, the company generated revenue of USD 140 billion.

9. Pelican BioThermal

Pelican BioThermal LLC offers the widest range of temperature-controlled, thermally-protected packaging and service solutions to the global life sciences industry.

The company’s products ensure delicate biological materials arrive intact and effective, despite exterior environments. Pelican BioThermal is dedicated to developing innovative products designed to fulfill the complex needs of the global life sciences industry. The company’s customers benefit from our extensive expertise in ensuring that temperature stability is maintained throughout the distribution chain. The companies also offer a complete portfolio of services and software to support end-to-end temperature-controlled packaging asset management. In Europe, the company operates under the name Peli BioThermal Limited.

10. CREOPACK

CRE-O-PACK is a dynamic company in the field of designing and manufacturing packaging with high added value. The company is headquartered in 64 Commerce St, Moncton, New Brunswick, E1H 0A5, Canada.

Read More: https://www.globenewswire.com/en/news-release/2022/05/18/2445812/0/en/Cold-Chain-Packaging-Market-Size-Worth-USD-34-7-Billion-Globally-By-2028-at-9-9-CAGR-Cold-Chain-Packaging-Industry-Report-by-Vantage-Market-Research.html

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