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

According to a new market research study on “SAM Thermal Pallet Covers Market for Pharmaceutical Application to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type” is expected to reach US$ 81.64 million by 2028 from US$ 46.95 million in 2021. The market is estimated to grow at a CAGR of 8.2% from 2021 to 2028. The report provides trends prevailing in the SAM 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 SAM thermal pallet covers market for pharmaceutical application. However, volatility in raw material prices hinders the growth of SAM thermal pallet covers market for pharmaceutical application.         

The SAM thermal pallet covers market for pharmaceutical application is segmented by type and country. Based on type, the SAM 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 SAM thermal pallet covers market for pharmaceutical application has been segmented into Brazil, Argentina, and rest of SAM.   

CSafeGlobal, Eceplast, Insulated Products Corporation, Protek Cargo, QProducts & Services, and Thermal Packaging Solutions are among the leading companies in the SAM 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.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com