Global Isothermal Bags and Containers Market to Reach $1.2 Billion by 2030
The global market for Isothermal Bags and Containers estimated at US$839.8 Million in the year 2023, is expected to reach US$1.2 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2023-2030. Pharmaceuticals & Medical Products End-Use, one of the segments analyzed in the report, is expected to record a 4.9% CAGR and reach US$774.2 Million by the end of the analysis period. Growth in the Food & Beverage End-Use segment is estimated at 4.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $253.5 Million, While China is Forecast to Grow at 4.3% CAGR
The Isothermal Bags and Containers market in the U.S. is estimated at US$253.5 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$201.1 Million by the year 2030 trailing a CAGR of 4.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 3.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook