Middle East and Africa Thermal Pallet Covers Market for Pharmaceutical Application Forecast to 2028

Middle East and Africa Thermal Pallet Covers Market for Pharmaceutical Application Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Aluminum Foil, Polymer, and Others)

Report Code : BMIRE00025291 | Region : LAMEA | Industry : Chemicals and Materials | Published Date : 11/Jul/2022

The MEA thermal pallet covers market for pharmaceutical application is expected to grow from US$ 51.59 million in 2021 to US$ 86.17 million by 2028; it is estimated to grow at a CAGR of 7.6% from 2021 to 2028.

There has been significant research on developing bio-based and recyclable thermal pallet covers in recent years. Companies are developing thermal blankets and thermal covers made from biodegradable plastics. Using bio-based and biodegradable materials for manufacturing thermal pallet covers would ultimately lower the environmental impact throughout the product life cycle and contribute to sustainability. Moreover, recyclable thermal pallet covers can contribute significantly to material recovery and landfill reduction. They also fit entirely into the model of a circular economy. Moreover, Krautz TEMAX is one company that provides bio-based thermal blankets and covers for pallets. The company also invests heavily in developing and producing bio-based thermal blankets. These thermal blankets are used for temperature-sensitive products such as pharmaceutical products. Such products are expected to gain high popularity in the sustainable market; this is further anticipated to fuel the growth of the thermal pallet covers market for pharmaceutical application over the forecast period across the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA thermal pallet covers market for pharmaceutical application. The MEA thermal pallet covers market for pharmaceutical application is expected to grow at a good CAGR during the forecast period.

MEA Thermal Pallet Covers Market for Pharmaceutical Application Revenue and Forecast to 2028 (US$ Million)

MEA Thermal Pallet Covers Market for Pharmaceutical Application Segmentation

The MEA thermal pallet covers market for pharmaceutical application is segmented by type and country. Based on type, the MEA thermal pallet covers market for pharmaceutical application is segmented into aluminum foil, polymer, and others. The aluminum foil segment dominated the market in 2020, and the same segment is expected to be the fastest-growing segment during the forecast period. Based on country, the MEA thermal pallet covers market for pharmaceutical application has been segmented into the UAE, Saudi Arabia, South Africa, and the Rest of MEA.

CSafeGlobal, Eceplast, Insulated Products Corporation, Protek Cargo, QProducts & Services, and Thermal Packaging Solutions are among the leading companies in the MEA thermal pallet covers market for pharmaceutical application.

Aluminum Foil Segment is Expected to be Fastest Growing During Forecast Period for MEA Region

According to a new market research study on “MEA Thermal Pallet Covers Market for Pharmaceutical Application to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type ” is expected to reach US$ 86.17 million by 2028 from US$ 51.59 million in 2021. The market is estimated to grow at a CAGR of 7.6% from 2021 to 2028. The report provides trends prevailing in the MEA thermal pallet covers market for pharmaceutical application along with the drivers and restraints pertaining to the market growth. The emerging trend of bio-based and recyclable thermal pallet covers and product innovation are the major factor driving the growth of the MEA thermal pallet covers market for pharmaceutical application . However, volatility in raw material prices hinders the growth of MEA thermal pallet covers market for pharmaceutical application .

The MEA thermal pallet covers market for pharmaceutical application is segmented by type and country. Based on type, the MEA thermal pallet covers market for pharmaceutical application is segmented into aluminium foil, polymer, and others. The aluminium foil segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on country, the MEA thermal pallet covers market for pharmaceutical application has been segmented into the UAE, Saudi Arabia, South Africa, and rest of MEA.

CSafeGlobal, Eceplast, Insulated Products Corporation, Protek Cargo, QProducts & Services, and Thermal Packaging Solutions are among the leading companies in the MEA thermal pallet covers market for pharmaceutical application. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, CSafe Global announced about the acquisition of Softbox Systems. Together, both the companies will provide the most comprehensive suite of thermal shipping solutions.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 MEA Thermal Pallet Covers Market for Pharmaceutical Application, by Type

1.3.2 MEA Thermal Pallet Covers Market for Pharmaceutical Application, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. MEA Thermal Pallet Covers Market for Pharmaceutical Application Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. MEA Thermal Pallet Covers Market for Pharmaceutical Application – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Use of Thermal Pallet Covers for Shipment of Pharmaceutical Products

5.1.2 Growing Pharmaceutical Industry

5.2 Market Restraints

5.2.1 Volatility in Raw Material Prices

5.3 Market Opportunities

5.3.1 Product Innovation

5.4 Future Trends

5.4.1 Emerging Trend of Bio-Based and Recyclable Thermal Pallet Covers

5.5 Impact Analysis

6. Thermal Pallet Covers Market for Pharmaceutical Application – MEA Analysis

6.1 MEA Thermal Pallet Covers Market for Pharmaceutical Application Overview

6.2 MEA Thermal Pallet Covers Market for Pharmaceutical Application –Revenue and Forecast to 2028 (US$ Million)

7. MEA Thermal Pallet Covers Market for Pharmaceutical Application Analysis – By Type

7.1 Overview

7.2 MEA Thermal Pallet Covers Market for Pharmaceutical Application, By Type (2020 and 2028)

7.3 Aluminium Foil

7.3.1 Overview

7.3.2 Aluminium Foil: Thermal Pallet Covers Market for Pharmaceutical Application – Revenue and Forecast to 2028 (US$ Mn)

7.4 Polymer

7.4.1 Overview

7.4.2 Polymer: Thermal Pallet Covers Market for Pharmaceutical Application – Revenue and Forecast to 2028 (US$ Mn)

7.5 Other

7.5.1 Overview

7.5.2 Others: Thermal Pallet Covers Market for Pharmaceutical Application – Revenue and Forecast to 2028 (US$ Mn)

8. MEA Thermal Pallet Covers Market for Pharmaceutical Application – Country Analysis

8.1 Overview

8.1.2 MEA Thermal Pallet Covers Market for Pharmaceutical Application Breakdown, by Key Countries

8.1.2.1 South Africa Thermal Pallet Covers Market for Pharmaceutical Application Revenue Forecasts to 2028 (US$ Million)

8.1.2.1.1 South Africa Thermal Pallet Covers Market for Pharmaceutical Application Breakdown by Type

8.1.2.2 Saudi Arabia Thermal Pallet Covers Market for Pharmaceutical Application Revenue Forecasts to 2028 (US$ Million)

8.1.2.2.1 Saudi Arabia Thermal Pallet Covers Market for Pharmaceutical Application Breakdown by Type

8.1.2.3 UAE Thermal Pallet Covers Market for Pharmaceutical Application Revenue Forecasts to 2028 (US$ Million)

8.1.2.3.1 UAE Thermal Pallet Covers Market for Pharmaceutical Application Breakdown by Type

8.1.2.4 Rest of MEA Thermal Pallet Covers Market for Pharmaceutical Application Revenue Forecasts to 2028 (US$ Million)

8.1.2.4.1 Rest of MEA Thermal Pallet Covers Market for Pharmaceutical Application Breakdown by Type

9. Industry Landscape

9.1 Overview

9.2 Mergers & Acquisition

9.3 Expansion

10. Company Profiles

10.1 Eceplast

10.1.1 Key Facts

10.1.2 Business Description

10.1.3 Products and Services

10.1.4 Financial Overview

10.1.5 SWOT Analysis

10.1.6 Key Developments

10.2 Insulated Products Corporation

10.2.1 Key Facts

10.2.2 Business Description

10.2.3 Products and Services

10.2.4 Financial Overview

10.2.5 SWOT Analysis

10.2.6 Key Developments

10.3 Protek Cargo

10.3.1 Key Facts

10.3.2 Business Description

10.3.3 Products and Services

10.3.4 Financial Overview

10.3.5 SWOT Analysis

10.3.6 Key Developments

10.4 CSafe Global

10.4.1 Key Facts

10.4.2 Business Description

10.4.3 Products and Services

10.4.4 Financial Overview

10.4.5 SWOT Analysis

10.4.6 Key Developments

10.5 Thermal Packaging Solutions

10.5.1 Key Facts

10.5.2 Business Description

10.5.3 Products and Services

10.5.4 Financial Overview

10.5.5 SWOT Analysis

10.5.6 Key Developments

10.6 QProducts & Services

10.6.1 Key Facts

10.6.2 Business Description

10.6.3 Products and Services

10.6.4 Financial Overview

10.6.5 SWOT Analysis

10.6.6 Key Developments

11. Appendix

11.1 About The Insight Partners

11.2 Glossary of Terms

LIST OF TABLES.

Table 1.             MEA Thermal Pallet Covers Market for Pharmaceutical Application –Revenue and Forecast to 2028 (US$ Million)

Table 2.             South Africa Thermal Pallet Covers Market for Pharmaceutical Application Revenue and Forecasts to 2028 – by Type (US$ Million)

Table 3.             Saudi Arabia Thermal Pallet Covers Market for Pharmaceutical Application Revenue and Forecasts to 2028 – by Type (US$ Million)

Table 4.             UAE Thermal Pallet Covers Market for Pharmaceutical Application Revenue and Forecasts to 2028 – by Type (US$ Million)

Table 5.             Rest of MEA Thermal Pallet Covers Market for Pharmaceutical Application Revenue and Forecasts to 2028 – by Type (US$ Million)

Table 6.             Glossary of Terms

LIST OF FIGURES.

Figure 1.           MEA Thermal Pallet Covers Market for Pharmaceutical Application Segmentation

Figure 2.           MEA Thermal Pallet Covers Market for Pharmaceutical Application Segmentation – By Country

Figure 3.           MEA Thermal Pallet Covers Market for Pharmaceutical Application Overview

Figure 4.           MEA Thermal Pallet Covers Market for Pharmaceutical Application, By Type

Figure 5.           MEA Thermal Pallet Covers Market for Pharmaceutical Application, by Country

Figure 6.           Ecosystem: MEA Thermal Pallet Covers Market for Pharmaceutical Application

Figure 7.           Expert Opinion

Figure 8.           MEA Thermal Pallet Covers Market for Pharmaceutical Application Impact Analysis of Drivers and Restraints

Figure 9.           MEA Thermal Pallet Covers Market for Pharmaceutical Application – Revenue and Forecast to 2028 (US$ Million)

Figure 10.        MEA Thermal Pallet Covers Market for Pharmaceutical Application Revenue Share, By Type (2020 and 2028)

Figure 11.        MEA Aluminium Foil: Thermal Pallet Covers Market for Pharmaceutical Application – Revenue and Forecast To 2028 (US$ Mn)

Figure 12.        MEA Polymer : Thermal Pallet Covers Market for Pharmaceutical Application – Revenue and Forecast To 2028 (US$ Mn)

Figure 13.        MEA Others : Thermal Pallet Covers Market for Pharmaceutical Application – Revenue and Forecast To 2028 (US$ Mn)

Figure 14.        MEA: Thermal Pallet Covers Market for Pharmaceutical Application, by Key Country – Revenue (2020) (US$ Million)

Figure 15.        MEA Thermal Pallet Covers Market for Pharmaceutical Application Breakdown by Key Countries, 2020 & 2028 (%)

Figure 16.        South Africa Thermal Pallet Covers Market for Pharmaceutical Application Forecasts to 2028 (US$ Million)

Figure 17.        Saudi Arabia Thermal Pallet Covers Market for Pharmaceutical Application Forecasts to 2028 (US$ Million)

Figure 18.        UAE Thermal Pallet Covers Market for Pharmaceutical Application Forecasts to 2028 (US$ Million)

Figure 19.        Rest of MEA Thermal Pallet Covers Market for Pharmaceutical Application Forecasts to 2028 (US$ Million)

The List of Companies - Middle East and Africa Thermal Pallet Covers Market for Pharmaceutical Application

● CSafe Global  

● Eceplast  

● Insulated Products Corporation  

● Protek Cargo  

● QProducts & Services  

● Thermal Packaging Solutions

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA thermal pallet covers market for pharmaceutical application.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the MEA thermal pallet covers market for pharmaceutical application, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the thermal pallet covers market for pharmaceutical application, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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