Towards Healthcare
Cold Chain Pharmaceuticals Market Size Grows USD 9.33 Bn by 2034

Cold Chain Pharmaceuticals Market Research, Trends and Forecast by 2034

Market insights predict the global old chain pharmaceuticals industry will increase from USD 6.42 billion in 2024 to USD 9.33 billion by 2034, achieving a CAGR of 3.83%. The cold chain pharmaceuticals market is expanding due to the increasing use of biologics as well as increasing trade. North America led the market due to the presence of advanced healthcare infrastructure.

Category: Healthcare Services Insight Code: 5595 Format: PDF / PPT / Excel

Rohan Patil

Principal Consultant

Aditi Shivarkar

Reviewed By

Cold Chain Pharmaceuticals Market Size, Competitive Landscape & Future Outlook

The global cold chain pharmaceuticals market size is calculated at USD 6.42 in 2024, grew to USD 6.67 billion in 2025, and is projected to reach around USD 9.33 billion by 2034. The market is expanding at a CAGR of 3.83% between 2025 and 2034.

Cold Chain Pharmaceuticals Market Size 2024 - 2034

Key Takeaways

  • North America dominated the global cold chain pharmaceuticals market in 2024.
  • Asia Pacific is expected to be the fastest-growing during the forecast period.
  • By primary packaging type, the vials segment dominated the market in 2024.
  • By primary packaging type, the pre-filled syringes segment is estimated to be the fastest-growing at a notable CAGR during the forecast period.
  • By secondary packaging type, the cold boxes segment dominated the market in 2024.
  • By secondary packaging type, the vaccine carriers segment is anticipated to grow significantly during the forecast period.
  • By usability type, the reusable segment dominated the global cold chain pharmaceuticals market in 2024 and is expected to be the fastest-growing during the forecast period.
  • By usability type, the single-use segment is predicted to grow significantly during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 6.42 Billion
Projected Market Size in 2034 USD 9.33 Billion
CAGR (2025 - 2034) 3.83%
Leading Region North America
Market Segmentation By Type of Primary Packaging, By Type of Secondary Packaging, By Type of Usability, By Region
Top Key Players

CSafe, Cold Chain Technologies, EMBALL’ISO, Cryopak, Peli BioThermal, Temperpack, SOFRIGAM, Intelsius, SEE, Nordic Cold Chain Solutions, Sonoco Thermosafe

Market Overview

A single-use device used to monitor the temperature inside the vaccine shipping container is known as a cold chain monitor (CCM). They are stored in a compartment separate from the shipping container and are discarded after their use. To optimize the innovation and design of cold chain processes and supporting technologies, pharmacy leaders who are experts in advancing cold chain management and collaborating with all supply chain stakeholders are required. The increased development of vaccines that require a consistent cold chain contributed to the importance of cold chain capacity and expertise during the management of the drug supply chain.

  • In April 2025, to transform the Hong Kong warehouse into a state-of-the-art cold chain facility driven by robotics, TAHUHU has collaborated with Geekplus, which will enhance the cold chain logistics’ safety, scalability, and efficiency along with advanced robotics applications.
  • In April 2025, to strengthen cold chain systems throughout Africa, a Memorandum of Understanding (MoU) was signed by the National Accreditation Body for Cold Chain Management (NAB-CCM), India, and the Foresight Institute of Research and Translation (FIRAT), Rwanda. This five-year collaboration will improve the facility accreditation, infrastructure, industry outreach, research initiatives, and professional training in public health.

AI Integration in the Cold Chain Pharmaceuticals Market

The utilization of technological advances such as the Internet of Things (IoT) has enhanced the growth of the pharmaceutical organizations by resulting in a positive response on the supply chain system. The use of IoT allows pharma companies for value chain end-to-end integration. Furthermore, the inputs of IoT were made available by using cognitive systems and big data analytics, including artificial intelligence and machine learning. This, in turn, enhanced the productivity of the cold chain process as well as the entire supply chain network. Thus, these technological advancements using AI are evolving the pharmaceutical industry.

Market Dynamics

Driver

Increasing Use of Biologics

Due to increasing diseases, the demand for the use of biologics has increased. They are used in various diseases such as cancer, diabetes, and autoimmune disorders etc. They are sensitive to temperatures; thus, if it is not maintained, it may degrade. Thus, it becomes crucial to maintain the stability of biologics. Hence, the need for a reliable cold chain system increases. Therefore, by utilizing a consistent cold chain system, the stability of the biologics can be maintained, improving their safety and efficacy, which in turn drives the cold chain pharmaceuticals market growth.

Estimated Rise in the Cold Chain Solutions

The graph represents the estimated growth in pharmaceutical cold chain solutions. It indicates that there will be a rise in the cold chain solution in 2035, which is expected to be due to increased use of biologics. Thus, this boosts the development of innovations in cold chain facilities, which ultimately promotes market growth.

Restraint

Limited Cold Chain Facilities

Various startups or industries in rural areas may lack the facilities of cold chain systems. At the same time, inconsistent as well as higher costs of cold chain supplies can affect the distribution of the products. Furthermore, this can also cause degradation of the products, resulting in the risk of toxicity. Thus, all these factors affect the market.

Opportunity

Increasing Trades

There is a growth in the pharmaceutical as well as biotechnological industries. This has increased the development of new therapeutics in both industries for various diseases. Moreover, the demand for vaccines, biologics, gene therapies, etc., is rising, leading to an increase in trade between the industries and hospitals. Therefore, for proper transportation as well as maintenance of such products, the demand for cold chain systems is rising. Thus, the increasing trade is promoting the cold chain pharmaceuticals market growth.

For instance,

  • In April 2025, China and Cambodia launched a "cold chain+ general cargo" transport route to enhance Cambodia's export capacity. This new cold chain system will enhance the agricultural sector by shipping the goods at controlled temperatures.

Segmental Insights

The Vials Segment Dominated in 2024

By primary packaging type, the vials segment dominated the market in 2024. The vials were the preferred choice as they provided stability, protection as well as were suitable for freeze drying of various vaccines and biologics. This contributed to the cold chain pharmaceuticals market growth.

Pre-Filled Syringes Segment: Fastest Growing

By primary packaging type, the pre-filled syringes segment is estimated to be the fastest-growing at a notable CAGR during the forecast period. The pre-filled syringes are increasing as they are convenient for self-administration, enhancing their cold transportation.

Cold Boxes Segment Led in 2024

By secondary packaging type, the cold boxes segment dominated the market in 2024. The cold boxes covered the primary packaging, protecting it from light and physical stress. Furthermore, it also maintained the required temperature for the drug, promoting the market growth.

Vaccine Carriers Segment: Significantly Growing

By secondary packaging type, the vaccine carriers segment is anticipated to grow significantly during the forecast period. The use of vaccine carriers is growing, due to increasing vaccinations. They provide suitable temperatures as well as can be transported to limited cold chain facilities.

Reusable Segment: Dominant and Fastest

By usability type, the reusable segment dominated the global cold chain pharmaceuticals market in 2024 and is expected to be the fastest-growing during the forecast period. It offers multiple uses without reducing the protection provided to the drugs. Thus, this enhances its long-term use.

Single-Use Segment: Significantly Growing

By usability type, the single-use segment is predicted to grow significantly during the forecast period. Their use is increasing as it reduces the risk of cross-contamination of the drugs. Furthermore, their use is also increasing in vaccination programs, promoting the market growth.

Advanced Healthcare Infrastructure Drives North America

North America dominated the cold chain pharmaceuticals market in 2024. North America consists of a well-developed healthcare infrastructure with technological advancements. This, in turn, increased the development and transportation of medications using cold chain supplies, which contributed to the market growth.

The U.S. Cold Chain Pharmaceuticals Market Trends

The UK consists of well-established healthcare systems. At the same time, the demand for biologics and gene therapies is increasing the use of cold chain facilities during their transportation for maintaining their stability and efficacy.

The Canada Cold Chain Pharmaceuticals Market Trends

Various companies in Canada are collaborating on the development of new biologics and biosimilars. This, in turn, is expanding the transportation of approved drugs to the hospitals using cold chain systems.

Growing Industries Boost Asia Pacific

Asia Pacific is estimated to host the fastest-growing cold chain pharmaceuticals market during the forecast period. The industries in Asia Pacific are increasing along with the adoption of technological advancements. Furthermore, the adoption as well as use of cold chain systems is increasing due to rising demands for various temperature-sensitive drugs, enhancing the market growth.

For instance,

  • In April 2025, robust growth due to increased pharmaceutical exports, expanding warehousing infrastructure, along foreign investment policies, is being witnessed by Indonesia's pharmaceutical cold storage market. Indonesia is developing as a key regional hub for temperature-sensitive pharmaceutical logistics as per the Makreo Research study.

The China Cold Chain Pharmaceuticals Market Trends

The industries in China are adopting various technological advancements, which in turn are accelerating the manufacturing process. Moreover, these advancements are also enhancing the cold chain facilities, increasing their use.

The India Cold Chain Pharmaceuticals Market Trends

The number of industries in India is rising, which in turn is increasing the need for cold chain systems. At the same time, the use of temperature-sensitive drugs has increased, causing enhanced use of the cold chain supply facilities.

Europe Driven by Advancing Industries

Europe is expected to grow significantly in the cold chain pharmaceuticals market during the forecast period. The industries in Europe are advancing due to the increasing production, transportation, as well as advanced technologies, which in turn amplify the use of the cold chain system, promoting the market growth.

The Germany Cold Chain Pharmaceuticals Market Trends

The utilization of technological advancements is increasing the production rates, which in turn increases the distribution of drugs using cold chain facilities. Furthermore, the compliance of the cold chain with the rules and regulations imposed by the regulatory agencies enhances its use.

The UK Cold Chain Pharmaceuticals Market Trends

The industries in the UK are advancing as well as collaborating to develop advanced cold chain facilities due to their increasing use. This, in turn, is leading to the adoption of technologies as well as increased investments.

Top Companies in the Cold Chain Pharmaceuticals Market

Cold Chain Pharmaceuticals Market Companies

Latest Announcements by Industry Leaders

  • In April 2025, the COO at Envirotainer, Niklas Adamsson, stated that the pharmaceutical cold chain is transforming by optimising scheduling and routing as well as enhancing the efficiency and minimizing the transit times using AI and predictive analytics. He further stated, this transformation can foresee the disruptions, like weather delays, and help to deliver the temperature-sensitive shipments on time. Due to this, the logistics providers can choose precise packaging, considering the temperature and autonomy requirements.
  • In April 2025, Nick Basta stated that while exploring cold-chain product distribution services and approaches, sophisticated packaging, delivery technologies, and containerization are the cold chain services that the clients depend on. Thus, more options for distributing the products safely are being developed by the vendors, where the shipment documentation, sustainability, and environmental restrictions are becoming stringent; these new technologies can provide alternative pathways to compliance. Thus, all this makes for increased investment in vendor growth.

Recent Developments in the Cold Chain Pharmaceuticals Market

  • In April 2025, a reusable universal temperature-controlled pallet shipper was launched by Cold Chain Technologies (CCT), which consists of a 1600L capacity and a design that can accommodate both US and Euro pallets. To ship large batches globally, a remarkable solution was provided by The CCT Tower Elite to the pharmaceutical companies, 3PLs, and airlines.
  • In April 2025, a marketing partnership and strategic business development were announced by Identiv. Inc. with Tag-N-Trac. They will emphasize the development and commercialization of specialized IoT solutions that will be used for cold chain tracking within the pharmaceutical industry supply chain.

Segments Covered in the Report

By Type of Primary Packaging

  • Vials
  • Ampoules
  • Pre-filled Syringes
  • Bags

By Type of Secondary Packaging

  • Cold Boxes
  • Vaccine Carriers
  • Insulated Containers

By Type of Usability

  • Reusable
  • Single-use

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 01 May 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Rohan Patil is a market research expert with 5+ years of experience in healthcare, specializing in market dynamics, emerging trends, and technology-driven innovations to guide data-driven decisions for healthcare organizations.

Learn more about Rohan Patil

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The cold chain pharmaceutical products are the drugs, biological substances, and vaccines that are stored and transferred at a specific temperature to maintain their potency, safety, and quality.

Increasing use of biologics drives the market.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.