Global Dry Ice Pack Market Growth 2024-2030

Global Dry Ice Pack Market Growth 2024-2030

A dry ice pack is a cooling solution that utilizes dry ice, the solid form of carbon dioxide, to maintain extremely low temperatures during the transportation or storage of perishable items. Dry ice is exceptionally cold, with a temperature of about -78.5 degrees Celsius (-109.3 degrees Fahrenheit), and sublimates directly from a solid to a gas without transitioning through a liquid state. Dry ice packs are commonly used for shipping and preserving items that require deep freezing, such as medical supplies, pharmaceuticals, and certain food products. The dry ice is typically enclosed in a specialized pouch or container, allowing for controlled sublimation and the generation of a consistent and intense cold environment. The absence of liquid water in the dry ice pack makes it particularly suitable for situations where moisture control is crucial, preventing damage to sensitive goods. However, careful handling is essential, as direct contact with skin can cause frostbite due to the extremely low temperatures involved.

The global Dry Ice Pack market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Dry Ice Pack Industry Forecast” looks at past sales and reviews total world Dry Ice Pack sales in 2023, providing a comprehensive analysis by region and market sector of projected Dry Ice Pack sales for 2024 through 2030. With Dry Ice Pack sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dry Ice Pack industry.

This Insight Report provides a comprehensive analysis of the global Dry Ice Pack landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Dry Ice Pack portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Dry Ice Pack market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dry Ice Pack and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Dry Ice Pack.

The market for dry ice packs is currently witnessing steady growth, driven by the increasing demand for reliable and ultra-low-temperature cooling solutions, particularly in the pharmaceutical, medical, and food industries. Development drivers include the expanding global cold chain logistics for transporting temperature-sensitive goods and the critical need for maintaining specific temperature ranges to ensure the integrity and safety of products. The COVID-19 pandemic has further accentuated the importance of effective cold chain solutions for vaccine distribution. Obstacles in the market include the challenges associated with handling dry ice, such as the need for specialized packaging and safety precautions due to its extremely low temperatures. Additionally, the environmental impact of carbon dioxide emissions during dry ice production and transportation is a consideration for sustainability-conscious industries. Future development trends are likely to involve innovations in dry ice pack designs, improved insulation materials, and advancements in manufacturing processes to enhance efficiency and reduce environmental impact. As the demand for reliable cold chain solutions continues to rise globally, driven by the growth of e-commerce and the need for preserving the quality of sensitive products, the market for dry ice packs is expected to evolve with a focus on safety, sustainability, and enhanced performance.

This report presents a comprehensive overview, market shares, and growth opportunities of Dry Ice Pack market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Disposable
Reusable

Segmentation by application
Food
Medicine
Laboratory Specimens
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thermal Ice
Techni Ice
Cryolux
Hydropac
NICE PACKS
World-Bio
DG Packaging Group
Pelton Shepherd Industries
Sonoco ThermoSafe

Key Questions Addressed in this Report

What is the 10-year outlook for the global Dry Ice Pack market?

What factors are driving Dry Ice Pack market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Dry Ice Pack market opportunities vary by end market size?

How does Dry Ice Pack break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.