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Between 2022 and 2030, the worldwide temperature controlled packaging solutions market is expected to grow at a spectacular CAGR of 8.1 percent. By 2030, it is expected to be worth $23.2 billion. The market for temperature-controlled packaging solutions is likely to continue to grow in the coming years.
Through 2030, the market is expected to grow at an annual rate of 8.1 percent, reaching US$ 23.2 billion by the end of the forecast period. Increased sales of insulated containers result from increased frozen food/fruit consumption, enhancing income for companies in the worldwide temperature controlled packaging solutions market.
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Key Takeaways of Temperature Controlled Packaging Solutions Market Study
Temperature Controlled Packaging Solutions Market Landscape
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These companies are also introducing rental programs to provide temperature controlled packaging solutions at a lower cost as compared to their competitors. Various food and pharma companies opt for leasing or renting temperature controlled shippers/containers as per their requirements.
This is profitable for the manufacturers of temperature controlled packaging solutions, as shipper/container manufacturers achieve reduced cost of ownership and increased return on investment, hence higher profits.
Key Segments Covered In Temperature Controlled Packaging Solutions Industry Research
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The post Temperature Controlled Packaging Solutions Market size is estimated to be worth around US$ 12.4 Bn in 2022, likely to surge at a vigorous 8.1% CAGR appeared first on Future Market Insights.
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