Time Temperature Indicator Labels Market

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

4.4 (79 reviews)
Published: October 2021 ID: SMRC21010
4.4 (79 reviews)
Published: October 2021 ID: SMRC21010

This report covers the impact of COVID-19 on this global market

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

Technologies Covered:
• Diffusion
• Enzymatic
• Microbiological
• Photochemical
• Polymer Based   

Label Informations Covered:
• Critical Temperature Indicators (CTI)
• Critical Time Temperature Indicators (CTTI)
• Time Temperature Indicators (TTI)  

End Users Covered:
• Pharmaceutical
• Chemical & Fertilizers
• Food & Beverages
• Veterinary

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
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

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o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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