PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1393290
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1393290
According to SPER Market Research, 'USA and Canada Cold Chain Packaging Market Size- By Product Type, By Packaging, By Material Type, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the USA and Canada Cold Chain Packaging Market is predicted to reach USD 22.23 billion by 2033 with a CAGR of 12.41%.
The industry that produces and supplies packaging solutions especially made for temperature-sensitive items during storage and transit is known as the worldwide cold chain packaging market. By regulating and sustaining their temperature within a predetermined range, these packaging solutions are crucial for protecting the integrity, quality, and safety of perishable commodities, such as food, medications, and biotechnology products.
Furthermore, COVID-19 pandemic affected the cold chain packaging sector in two ways. Temperature-controlled packaging saw a sharp increase in demand, especially in the pharmaceutical and healthcare industries for medical supplies and vaccinations. Concurrent travel bans and lockdowns caused supply chain disruptions, highlighting the significance of effective cold chain packaging and logistics.