TAMPER EVIDENT SOLUTIONS FOR COLD CHAIN SUPPLY
3 out of every 10 shipments that require temperature control are not delivered at the correct temperature. This can lead to product spoilage, loss of revenue, and even health risks.
Is the average cost of a temperature-controlled shipment. This includes the cost of lost product, lost revenue, and the cost of recalls. Cold chain logistics is a complex and challenging process.
The World Customs Organization (WCO) estimates that around 10% of the global pharmaceutical market consists of counterfeit medications, posing risks to patient health and safety within cold chain logistics.
The global cold chain market is expected to reach $1.5 trillion by 2025. The increasing demand for temperature-controlled products, such as food, pharmaceuticals, and medical devices is driving this.