Manufacturing & Construction

SONOCO THERMOSAFE

Company Profile Analysis

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SONOCO THERMOSAFE - Manufacturing & Construction showcase

Year Founded & Workforce

1945-12-31

1,001 Employees

Industry

Manufacturing & Construction

Services

S

SONOCO THERMOSAFE Overview

Company Headquarters: Illinois, US

Founded: 1946

Workforce: ~1,001

Company Working: Sonoco ThermoSafe is the leading global provider of temperature assurance packaging for the safe and efficient transport of pharmaceuticals, biologics, vaccines, and other temperature-sensitive products. The company provides refrigerated, frozen, or controlled room temperature applications. Sonoco ThermoSafe's ISC Labs enable designing and testing services with innovative packaging solutions and standard services. It operates in the Americas, Europe, and Asia-Pacific.

Strategy

Sonoco ThermoSafe focuses on enhancing the technology and product line in the market. Moreover, it focuses on increasing FAA approvals for launching products and reaching untapped markets. The company also focuses on improving its services and fast delivery of temperature-sensitive pharmaceuticals to achieve its goals. It has a strong distribution network and marketing team to cater to products and services globally.

Company Snapshot

$5,374.2M

Revenue

1,001

Employees

1945-12-31

Founded

Illinois, US

Headquarters

SWOT Analysis

Strengths

  • Well-established distribution network in Americas and Europe
  • Diverse product portfolio

Weaknesses

  • Lack of global presence
  • High attrition rate in work force

Opportunities

  • Product approval
  • Agreement for business expansion

Threats

  • Technological innovation by other competitors

Key Developments

DateApproachDevelopment
December 2021AgreementSonoco ThermoSafe signed an agreement with Asiana Airlines Inc. (Seoul) for leasing the new Pegasus ULD temperature-controlled bulk shipping container. This agreement will provide pharmaceutical freight forwarders access to Pegasus ULD containers directly from Asiana Airlines.
November 2021AgreementSonoco ThermoSafe signed an agreement with Singapore Airlines (Singapore) for leasing the new Pegasus ULD temperature-controlled bulk shipping container. This agreement will provide pharmaceutical freight forwarders access to Pegasus ULD containers directly from Singapore Airlines.
September 2020ApprovalSonoco ThermoSafe received FAA (Federal Aviation Administration) approval for Pegasus ULD. This approval permits fast through existing international ground handling and custom processes at an affordable cost.
August 2019Product LaunchSonoco ThermoSafe launched Pegasus ULD, a line of temperature-controlled unit load devices. This type of device is the first passive bulk temperature-controlled container for pharmaceuticals.
April 2019PartnershipSonoco ThermoSafe launched PharmaPort 360 temperature-controlled bulk shippers with a partnership with AirBridgeCargo Airlines (Russia).

Product Offering

  • SONOCO THERMOSAFE
    • Temperature Controlled Packing for Pharmaceutical Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles SONOCO THERMOSAFE as part of our ongoing coverage of the Manufacturing & Construction sector, drawing on public company data, filings, and market intelligence.

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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

SONOCO THERMOSAFE

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