Cold Chain Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Cold Chain Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


Market Overview:

The global cold chain packaging market size reached US$ 24.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 47.4 Billion by 2028, exhibiting a growth rate (CAGR) of 11.3% during 2023-2028.

A cold chain refers to a temperature-controlled supply chain comprising storage, transportation and distribution facilities for perishable goods, such as vaccines, chemicals, biologics, lab samples, diagnostic materials, seafood, meats, and dairy products. It relies on packaging solutions like refrigerant bricks, gel packs and bottles, thermal trolleys, and insulated containers, covers, and envelopes to keep products cold, improve transportation efficiency, and prevent waste and damage. As a result, cold chain packaging finds extensive applications in the pharmaceutical and food and beverage (F&B) industries across the globe.

Cold Chain Packaging Market Trends:



The rising demand for temperature-sensitive products represents one of the key factors bolstering the growth of the market. Besides this, there is an increase in the utilization of pallets made using high-density polyethylene (HDPE), a material suitable for contact with food and storage of goods at room temperature and cold storage. Moreover, the escalating demand for special packaging solutions, which enable transportation of fishes in crushed ice to ensure that they do not escape outside when placed on the respective pads and offer protection if the ice melts, is strengthening the market growth. Besides this, pharmaceutical products are transported using isothermal polystyrene (PS) containers with internal cooling cartridges to provide appropriate conditions for transport. This, along with the introduction of stringent guidelines for the safe storage and distribution of time- and temperature-sensitive pharmaceutical products (TTSPPs) from international health organizations, is impelling the market growth. Furthermore, leading players are offering thermally insulated tanks to transport liquid products, vulnerable to quality modifications due to temperature changes. This, coupled with recent advancements in cold-chain technology, is strengthening the market growth. Other factors, including significant growth in the food and beverage (F&B) industry and rapid globalization around the world, are driving the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global cold chain packaging market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and end user.

Breakup by Product:

Insulated Container and Boxes

Large
Medium
Small
X-Small
Petite

Crates

Dairy
Pharmaceutical
Fisheries
Horticulture

Cold Packs
Labels
Temperature Controlled Pallet Shippers

Breakup by End User:

Food
Dairy
Pharmaceutical
Others

Breakup by Region:

North America

United States
Canada

Asia-Pacific

China
Japan
India
South Korea
Australia
Indonesia
Others

Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America

Brazil
Mexico
Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Cascades Inc., Chill-Pak, Cold Chain Technologies Inc., CoolPac, Creopack, Cryopak Industries Inc., DGP Intelsius Ltd., Pelican Products Inc., Sealed Air Corporation, Sofrigam, Softbox Systems Ltd. (CSafe Global LLC) and Sonoco Products Company.

Key Questions Answered in This Report:

What was the size of the global cold chain packaging market in 2022?

What is the expected growth rate of the global cold chain packaging market during 2023-2028?

What has been the impact of COVID-19 on the global cold chain packaging market?

What are the key factors driving the global cold chain packaging market?

What is the breakup of the global cold chain packaging market based on the product?

What is the breakup of the global cold chain packaging market based on the end user?

What are the key regions in the global cold chain packaging market?

Who are the key players/companies in the global cold chain packaging market?


1 Preface
2 Scope and Methodology
  2.1 Objectives of the Study
  2.2 Stakeholders
  2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
  2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
  2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
  4.1 Overview
  4.2 Key Industry Trends
5 Global Cold Chain Packaging Market
  5.1 Market Overview
  5.2 Market Performance
  5.3 Impact of COVID-19
  5.4 Market Forecast
6 Market Breakup by Product
  6.1 Insulated Container and Boxes
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Large
6.1.2.2 Medium
6.1.2.3 Small
6.1.2.4 X-Small
6.1.2.5 Petite
6.1.3 Market Forecast
  6.2 Crates
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Dairy
6.2.2.2 Pharmaceutical
6.2.2.3 Fisheries
6.2.2.4 Horticulture
6.2.3 Market Forecast
  6.3 Cold Packs
6.3.1 Market Trends
6.3.2 Market Forecast
  6.4 Labels
6.4.1 Market Trends
6.4.2 Market Forecast
  6.5 Temperature Controlled Pallet Shippers
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by End User
  7.1 Food
7.1.1 Market Trends
7.1.2 Market Forecast
  7.2 Dairy
7.2.1 Market Trends
7.2.2 Market Forecast
  7.3 Pharmaceutical
7.3.1 Market Trends
7.3.2 Market Forecast
  7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
  8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
  8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
  8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
  8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
  8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
  9.1 Overview
  9.2 Strengths
  9.3 Weaknesses
  9.4 Opportunities
  9.5 Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis
  11.1 Overview
  11.2 Bargaining Power of Buyers
  11.3 Bargaining Power of Suppliers
  11.4 Degree of Competition
  11.5 Threat of New Entrants
  11.6 Threat of Substitutes
12  Price Analysis
13  Competitive Landscape
  13.1 Market Structure
  13.2 Key Players
  13.3 Profiles of Key Players
13.3.1 Cascades Inc.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Chill-Pak
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Cold Chain Technologies Inc.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 CoolPac
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Creopack
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Cryopak Industries Inc.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 DGP Intelsius Ltd.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Pelican Products Inc.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Sealed Air Corporation
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10 Sofrigam
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Softbox Systems Ltd. (CSafe Global LLC)
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12 Sonoco Products Company
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
13.3.12.4 SWOT Analysis

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