Time Temperature Indicator Labels Market Forecasts to 2028 – Global Analysis By Product Type (Color and Barcode), Technology (Diffusion, Enzymatic and Others), Label Information (CTI, CTTI and TTI), End User and By Geography
According to Stratistics MRC, the Global Time Temperature Indicator Labels Market is accounted for $784.52 million in 2020 and is expected to reach $1,495.67 million by 2028 growing at a CAGR of 8.4% during the forecast period. Rise in demand for labels in pharmaceutical industry, growing investments in research and development of packaging and increase in need for maintenance of temperature in medical transport are driving the market growth. However, lack of awareness regarding technology is hampering the growth of the market.
Time temperature indicator labels are utilized to keep track of the temperature of short-lived shipments in order to prevent them from getting ruined during delivery and transportation. They assist in controlling temperature for consumable items such as medicines and food.
Based on the end user, the pharmaceutical segment is going to have lucrative growth during the forecast period owing to the rise in demand for frug and vaccine formulations and their storage and transportation. By geography, Europe is going to have high growth during the forecast period owing to the stringent regulations related to food safety and quality. Moreover, rise in awareness about time temperatures boosts the market growth.
Some of the key players profiled in the Time Temperature Indicator Labels Market include 3M, Biosynergy, Inc., Bizerba SE & Co. KG, CCL Industries Inc., Deltatrak Inc., Freshpoint Quality Assurance Ltd., Insignia Technologies Ltd., JRI Company, La-Co Industries Inc., Lcr Hallcrest Llc., Nigk Corporation, ShockWatch, Inc., Temptime Corporation, Thin Film Electronics Inc. and Varcode.
Product Types Covered:
• Color Based
• Barcode Based
• Polymer Based
Label Informations Covered:
• Critical Temperature Indicators (CTI)
• Critical Time Temperature Indicators (CTTI)
• Time Temperature Indicators (TTI)
End Users Covered:
• Chemical & Fertilizers
• Food & Beverages
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Select License Type
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.