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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
No. of Pages :  76
Published Month :  Jul 2022
Category :  Chemicals and Materials
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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. 

  1. CSafe Global  
  2. Eceplast  
  3. Insulated Products Corporation  
  4. Protek Cargo  
  5. QProducts & Services  
  6. 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