Insulated Shipping Packaging Market By Product type (Boxes, Containers), By Business (Warehousing, Transportation), By Application (Food and Beverages, Industrial Goods, Personal Care, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global insulated shipping packaging market size was valued at $7,386.9 million in 2021, and is projected to reach $13,729.8 million by 2031, registering a CAGR of 6.3% from 2022 to 2031. Insulated shipping packaging includes several types of packaging mediums including small boxes and large shipping containers. Insulated shipping packaging prevents the spoiling of temperature-sensitive products during their transportation by creating thermal insulation around the products; thereby, restricting the heat exchange inside and outside the packaging.
Food & beverage, and personal care products industries have witnessed a rise in demand, owing to surge in disposable income and growth and growth of e-commerce. These industries, which are the end-users of insulated shipping packaging, are anticipated to drive the demand in the insulated shipping packaging market. The pharmaceutical industry is also witnessing significant growth owing to the increasing population. Pharmaceutical industry being a major user of insulated shipping packaging is anticipated to significantly increase the demand in the insulated shipping packaging market. Moreover, increasing industrialization, and growing domestic and international trade are expected to provide lucrative growth opportunities for the growth of insulated shipping packaging market.
The insulated shipping packaging market is segmented on the basis of product type, business, application and region. By product type, the market is bifurcated into containers, and boxes. By business, the market is categorized into warehousing, and transportation. On the basis of application, it is categorized into food and beverage, industrial goods, personal care, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies such as partnership and product launch to strengthen their market outreach and sustain the stiff competition in the market.
Competition Analysis
Key companies profiled in the insulated shipping packaging market report include COOL Sarl, CREOPACK, Drew Foam Companies, Inc., Harwal Group, Integreon Global (Cryopak), Marko Foam Products, Sofrigam, Sonoco Products Company, Topa Thermal, and W.W. Grainger, Inc.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging insulated shipping packaging market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2021 and 2031.
Extensive analysis of the insulated shipping packaging market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The global insulated shipping packaging market forecast analysis from 2022 to 2031 is included in the report.
The key market players within insulated shipping packaging market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the insulated shipping packaging industry.
Key Market Segments
By Product type
Boxes
Containers
By Business
Warehousing
Transportation
By Application
Food and Beverages
Industrial Goods
Personal Care
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Harwal Group
Topa Thermal
sofrigam
Drew Foam Companies, Inc.
CREOPACK
Sonoco Products Company
COOL Sarl
Marko Foam Products
W. W. Grainger, Inc.
Integreon Global (Cryopak)
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