Temperature-controlled packaging solutions are extensively used by pharmaceuticals industry for transportation of drugs and other products, which are sensitive to temperature. Drugs with lower shelf-life requires specific temperature conditions during their storage and distribution. Temperature-controlled packaging solutions helps in mitigation of these risks and maintain product quality in adverse external environmental conditions.
Market Dynamics
The global temperature-controlled packaging solutions for pharmaceuticals market has witnessed an increase of demand in recent few years, owing to the rising growth of pharmaceuticals industry in emerging economies. Pharmaceuticals companies are encouraging the usage of temperature-controlled packaging solutions as they provide better performance than conventional insulating materials by reducing the weight and volume of the cold source required and maintaining the thermal conditions according to the requirements.
Government and international organisations are focused to implementation of better temperature-controlling supply chain for pharmaceutical products. Various programs and initiatives started to monitor the wastage of temperature-sensitive drugs and vaccines. The global demand for critical vaccines is expected to grow substantially in forthcoming years, which is expected to boost the demand for temperature-controlled packaging solutions in pharmaceuticals services.
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