Cooler Box Market Forecasts to 2028 – Global Analysis By Cooling Material (Wet Ice, Dry Ice, Eutectic Plates, Gel Packs, Insulated Blankets and Liquid Nitrogen), By Type (Disposable Cooler Boxes and Reusable Cooler Boxes), By Raw Material (Extruded Polyst

Cooler Box Market Forecasts to 2028 – Global Analysis By Cooling Material (Wet Ice, Dry Ice, Eutectic Plates, Gel Packs, Insulated Blankets and Liquid Nitrogen), By Type (Disposable Cooler Boxes and Reusable Cooler Boxes), By Raw Material (Extruded Polystyrene, Expanded Polystyrene, Polyurethane Foam and Expanded Polypropylene), By End User (Food & Beverages, Pharmaceuticals and Other End Users) and By Geography

According tStratistics MRC, the Global Cooler Box Market is accounted for $5.99 billion in 2022 and is expected treach $13.21 billion by 2028 growing at a CAGR of 14.1% during the forecast period. One of the consumer storage items, cooler boxes are used tstore pharmaceuticals as well as food and beverage products. The products kept within them receive low temperatures from them. They are often made of particular materials with the intention of providing insulation.

According tWorld health Organisation (WHO) regulations, the pharmaceutical products such as medicine, drugs, syringe, and others are strictly transfer or shipped or store in temperature controlled environment inside the insulated or enclosure box.

Market Dynamics:

Driver:

Increasing need for temperature control tprevent food loss and potential health hazards

The food sector is particularly focused on concerns including food waste reduction, economic and environmental sustainability, and food security. There are several causes of food loss and waste. For instance, perishable products are frequently touched and transported in varying temperatures, which causes them tspoil and eventually disappear. Globally, there has been an increase in demand for thermally controlled packaging solutions, such as cooler boxes, ttackle this.

Restraint:

Stringent environmental rules & regulations

Governments all over the world have implemented strict laws in response tgrowing concerns about the environmental impact of packaging waste. For instance, on June 26, 2020, the Indian government changed its plastic waste management regulations. In accordance with the International Safe Transport Association (ISTA) standards, which are concerned with the packaging, storage, and transportation of goods, standard tests are alscarried out tverify the capacity of packaging systems tmaintain the temperature range required by those requirements. The European Commission's packaging directives have alsresulted in the imposition of ambitious recycling goals as governments look for new ways treduce packaging waste. Thus, the expansion of this market is constrained by rising environmental awareness and efficient waste disposal.

Opportunity:

High growth potential markets for insulated packaging

The insulated packaging sector has substantial growth potential in emerging markets like Brazil, India, and China. The food and beverage, healthcare, and chemicals industries have grown as a result of the rapid economic development in China and India. Development in these industries has helped fuel a rise in packaging demand for a wide range of products, including perishable items like meat, fish, and poultry. As a result, cooler box manufacturers are exploring intthe untapped potential of developing nations tmaximise their market share.

Threat:

Fluctuations in crude oil prices

Plastic, glass, paper, and metal are some of the raw materials used tmake cooler boxes. The majority of these raw materials are derivatives based on crude oil that are sensitive tchanges in commodity prices. The development of polymers like polyurethane, polyethylene, and polystyrene is severely hampered by the rising cost of crude oil. Polymer foams, which are generated from petrochemical feedstock, are used tmanufacture the bulk of cooler boxes. As a result, fluctuating crude oil prices are anticipated thave an impact on polymer foam prices in the near future.

Covid-19 Impact:

The cooler box market has benefited from the COVID-19 outbreak. The need for cooler boxes and chilled storage was at its highest as a result of the worldwide vaccination program. The businesses concentrated on R&D tactually build more complex refrigeration systems tcarry vaccinations in. Companies like Panasonic created Panasonic VIXELL Cooling Boxes, which were essential in containing the COVID-19 epidemic. The necessity for temperature control treduce food loss and associated health hazards is the primary driver of cooler box market growth.

The reusable cooler boxes segment is expected tbe the largest during the forecast period

The reusable cooler boxes are preferred tother types of boxes due ttheir high efficiency and durable shells, the reusable segment held the largest share of the market during the projection period. Moreover, compared tsingle-use cooler boxes, they are more affordable and robust. The rise of cooler boxes in pharmaceutical companies frequently by using reusable cooler boxes as maintaining a consistent product temperature has been fueled the market growth.

The pharmaceutical segment is expected thave the highest CAGR during the forecast period

Because pharmaceutical products are typically temperature-sensitive and require consistent low or freezing temperatures, the pharmaceuticals segment is expected texpand at a highest growth throughout the projection period. The need for cooler boxes is rising as a result of the growing pharmaceutical industry's need for a portable, user-friendly, and sustainable solution tstore drugs, blood, organs, vaccines, and other supplies. Moreover, with the use of these cooler boxes, the pharmaceutical companies is able tadhere tWHO recommendations for maintaining a certain temperature while keeping medical products. However, these containers allow temperatures ranging from 2° t8°C. The expanded vaccination campaigns during pandemics enhance the need trapidly preserve essential pharmaceutical supplies, which raises the demand for cooler boxes.

Region with largest share:

Due tthe increase in demand for cold storage and transportation in countries like China and India, the Asia-Pacific region is anticipated texperience the cooler box market's largest percentage of revenue growth during the projected period. Also, end-user businesses are focused in nations like China, India, Japan, and Korea, and they demand higher prices for cooler boxes. Additionally, the cooler box market is alspredicted tgrow in developed countries like Japan and South Korea as consumers become more aware of the benefits of using coolers. Also, the market for cooler boxes is expected tbenefit from the growing need for cooling solutions that are both energy- and environmentally-friendly.

Region with highest CAGR:

Throughout the projected period, the cooler box market in the Asia-Pacific region is anticipated tgrow at the highest CAGR. The major nations contributing tthe high demand for cooler boxes in the Asia-Pacific region are China, Japan, South Korea, and India. Because of the low cost of labor and raw materials, cooler box manufacturing facilities prefer toperate in Asia Pacific. Also, the APAC region's countries are developing their current manufacturing sectors' capacity tserve significant cooler box shipments.

Key players in the market

Some of the key players in Cooler Box market include B Medical System, ISONOVA, Softbox Systems Ltd, SonocThermosafe, Eurobox Logistics, Blowkings, va-Q-tec AG, Sofrigam Group, Coldchain Technologies, Inc, Igloo, Wild Coolers, Cool Ice Box Company, FEURER GmbH, Bison Coolers and K2 Coolers.

Key Developments:

In November 2022, Sonoco, a global leader in diversified packaging, plans tfurther expand Sonopost cornerpost manufacturing with the new facility in Bursa, Turkey.

In October 2022, AZENTA, INC. announced the acquisition of B Medical Systems S.Á R.L and its subsidiaries, a market leader in temperature-controlled storage and transportation solutions that enable the delivery of life-saving treatments tmore than 150 countries worldwide. This acquisition complements Azenta’s cold chain capabilities, adding differentiated solutions for reliable and traceable transport of temperature-sensitive specimens.

In October 2022, CSafe Global, the largest provider of a complete range of active and passive temperature-controlled shipping solutions for the pharmaceutical industry, announced the launch of its new advanced reusable pallet shipper, CSafeAPS.

Cooling Materials Covered:
• Wet Ice
• Dry Ice
• Eutectic Plates
• Gel Packs
• Insulated Blankets
• Liquid Nitrogen

Types Covered:
• Disposable Cooler Boxes
• Reusable Cooler Boxes

Raw Materials Covered:
• Extruded Polystyrene
• Expanded Polystyrene
• Polyurethane Foam
• Expanded Polypropylene

End Users Covered:
• Food & Beverages
• Pharmaceuticals
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Cooler Box Market, By Cooling Material
5.1 Introduction
5.2 Wet Ice
5.3 Dry Ice
5.4 Eutectic Plates
5.5 Gel Packs
5.6 Insulated Blankets
5.7 Liquid Nitrogen
6 Global Cooler Box Market, By Type
6.1 Introduction
6.2 Disposable Cooler Boxes
6.3 Reusable Cooler Boxes
7 Global Cooler Box Market, By Raw Material
7.1 Introduction
7.2 Extruded Polystyrene
7.3 Expanded Polystyrene
7.4 Polyurethane Foam
7.5 Expanded Polypropylene
8 Global Cooler Box Market, By End User
8.1 Introduction
8.2 Food & Beverages
8.3 Pharmaceuticals
8.4 Other End Users
9 Global Cooler Box Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 B Medical System
11.2 ISONOVA
11.3 Softbox Systems Ltd
11.4 Sonoco Thermosafe
11.5 Eurobox Logistics
11.6 Blowkings
11.7 va-Q-tec AG
11.8 Sofrigam Group
11.9 Coldchain Technologies, Inc
11.10 Igloo
11.11 Wild Coolers
11.12 Cool Ice Box Company
11.13 FEURER GmbH
11.14 Bison Coolers
11.15 K2 Coolers
List of Tables
Table 1 Global Cooler Box Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Cooler Box Market Outlook, By Cooling Material (2020-2028) ($MN)
Table 3 Global Cooler Box Market Outlook, By Wet Ice (2020-2028) ($MN)
Table 4 Global Cooler Box Market Outlook, By Dry Ice (2020-2028) ($MN)
Table 5 Global Cooler Box Market Outlook, By Eutectic Plates (2020-2028) ($MN)
Table 6 Global Cooler Box Market Outlook, By Gel Packs (2020-2028) ($MN)
Table 7 Global Cooler Box Market Outlook, By Insulated Blankets (2020-2028) ($MN)
Table 8 Global Cooler Box Market Outlook, By Liquid Nitrogen (2020-2028) ($MN)
Table 9 Global Cooler Box Market Outlook, By Type (2020-2028) ($MN)
Table 10 Global Cooler Box Market Outlook, By Disposable Cooler Boxes (2020-2028) ($MN)
Table 11 Global Cooler Box Market Outlook, By Reusable Cooler Boxes (2020-2028) ($MN)
Table 12 Global Cooler Box Market Outlook, By Raw Material (2020-2028) ($MN)
Table 13 Global Cooler Box Market Outlook, By Extruded Polystyrene (2020-2028) ($MN)
Table 14 Global Cooler Box Market Outlook, By Expanded Polystyrene (2020-2028) ($MN)
Table 15 Global Cooler Box Market Outlook, By Polyurethane Foam (2020-2028) ($MN)
Table 16 Global Cooler Box Market Outlook, By Expanded Polypropylene (2020-2028) ($MN)
Table 17 Global Cooler Box Market Outlook, By End User (2020-2028) ($MN)
Table 18 Global Cooler Box Market Outlook, By Food & Beverages (2020-2028) ($MN)
Table 19 Global Cooler Box Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 20 Global Cooler Box Market Outlook, By Other End Users (2020-2028) ($MN)
Table 21 North America Cooler Box Market Outlook, By Country (2020-2028) ($MN)
Table 22 North America Cooler Box Market Outlook, By Cooling Material (2020-2028) ($MN)
Table 23 North America Cooler Box Market Outlook, By Wet Ice (2020-2028) ($MN)
Table 24 North America Cooler Box Market Outlook, By Dry Ice (2020-2028) ($MN)
Table 25 North America Cooler Box Market Outlook, By Eutectic Plates (2020-2028) ($MN)
Table 26 North America Cooler Box Market Outlook, By Gel Packs (2020-2028) ($MN)
Table 27 North America Cooler Box Market Outlook, By Insulated Blankets (2020-2028) ($MN)
Table 28 North America Cooler Box Market Outlook, By Liquid Nitrogen (2020-2028) ($MN)
Table 29 North America Cooler Box Market Outlook, By Type (2020-2028) ($MN)
Table 30 North America Cooler Box Market Outlook, By Disposable Cooler Boxes (2020-2028) ($MN)
Table 31 North America Cooler Box Market Outlook, By Reusable Cooler Boxes (2020-2028) ($MN)
Table 32 North America Cooler Box Market Outlook, By Raw Material (2020-2028) ($MN)
Table 33 North America Cooler Box Market Outlook, By Extruded Polystyrene (2020-2028) ($MN)
Table 34 North America Cooler Box Market Outlook, By Expanded Polystyrene (2020-2028) ($MN)
Table 35 North America Cooler Box Market Outlook, By Polyurethane Foam (2020-2028) ($MN)
Table 36 North America Cooler Box Market Outlook, By Expanded Polypropylene (2020-2028) ($MN)
Table 37 North America Cooler Box Market Outlook, By End User (2020-2028) ($MN)
Table 38 North America Cooler Box Market Outlook, By Food & Beverages (2020-2028) ($MN)
Table 39 North America Cooler Box Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 40 North America Cooler Box Market Outlook, By Other End Users (2020-2028) ($MN)
Table 41 Europe Cooler Box Market Outlook, By Country (2020-2028) ($MN)
Table 42 Europe Cooler Box Market Outlook, By Cooling Material (2020-2028) ($MN)
Table 43 Europe Cooler Box Market Outlook, By Wet Ice (2020-2028) ($MN)
Table 44 Europe Cooler Box Market Outlook, By Dry Ice (2020-2028) ($MN)
Table 45 Europe Cooler Box Market Outlook, By Eutectic Plates (2020-2028) ($MN)
Table 46 Europe Cooler Box Market Outlook, By Gel Packs (2020-2028) ($MN)
Table 47 Europe Cooler Box Market Outlook, By Insulated Blankets (2020-2028) ($MN)
Table 48 Europe Cooler Box Market Outlook, By Liquid Nitrogen (2020-2028) ($MN)
Table 49 Europe Cooler Box Market Outlook, By Type (2020-2028) ($MN)
Table 50 Europe Cooler Box Market Outlook, By Disposable Cooler Boxes (2020-2028) ($MN)
Table 51 Europe Cooler Box Market Outlook, By Reusable Cooler Boxes (2020-2028) ($MN)
Table 52 Europe Cooler Box Market Outlook, By Raw Material (2020-2028) ($MN)
Table 53 Europe Cooler Box Market Outlook, By Extruded Polystyrene (2020-2028) ($MN)
Table 54 Europe Cooler Box Market Outlook, By Expanded Polystyrene (2020-2028) ($MN)
Table 55 Europe Cooler Box Market Outlook, By Polyurethane Foam (2020-2028) ($MN)
Table 56 Europe Cooler Box Market Outlook, By Expanded Polypropylene (2020-2028) ($MN)
Table 57 Europe Cooler Box Market Outlook, By End User (2020-2028) ($MN)
Table 58 Europe Cooler Box Market Outlook, By Food & Beverages (2020-2028) ($MN)
Table 59 Europe Cooler Box Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 60 Europe Cooler Box Market Outlook, By Other End Users (2020-2028) ($MN)
Table 61 Asia Pacific Cooler Box Market Outlook, By Country (2020-2028) ($MN)
Table 62 Asia Pacific Cooler Box Market Outlook, By Cooling Material (2020-2028) ($MN)
Table 63 Asia Pacific Cooler Box Market Outlook, By Wet Ice (2020-2028) ($MN)
Table 64 Asia Pacific Cooler Box Market Outlook, By Dry Ice (2020-2028) ($MN)
Table 65 Asia Pacific Cooler Box Market Outlook, By Eutectic Plates (2020-2028) ($MN)
Table 66 Asia Pacific Cooler Box Market Outlook, By Gel Packs (2020-2028) ($MN)
Table 67 Asia Pacific Cooler Box Market Outlook, By Insulated Blankets (2020-2028) ($MN)
Table 68 Asia Pacific Cooler Box Market Outlook, By Liquid Nitrogen (2020-2028) ($MN)
Table 69 Asia Pacific Cooler Box Market Outlook, By Type (2020-2028) ($MN)
Table 70 Asia Pacific Cooler Box Market Outlook, By Disposable Cooler Boxes (2020-2028) ($MN)
Table 71 Asia Pacific Cooler Box Market Outlook, By Reusable Cooler Boxes (2020-2028) ($MN)
Table 72 Asia Pacific Cooler Box Market Outlook, By Raw Material (2020-2028) ($MN)
Table 73 Asia Pacific Cooler Box Market Outlook, By Extruded Polystyrene (2020-2028) ($MN)
Table 74 Asia Pacific Cooler Box Market Outlook, By Expanded Polystyrene (2020-2028) ($MN)
Table 75 Asia Pacific Cooler Box Market Outlook, By Polyurethane Foam (2020-2028) ($MN)
Table 76 Asia Pacific Cooler Box Market Outlook, By Expanded Polypropylene (2020-2028) ($MN)
Table 77 Asia Pacific Cooler Box Market Outlook, By End User (2020-2028) ($MN)
Table 78 Asia Pacific Cooler Box Market Outlook, By Food & Beverages (2020-2028) ($MN)
Table 79 Asia Pacific Cooler Box Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 80 Asia Pacific Cooler Box Market Outlook, By Other End Users (2020-2028) ($MN)
Table 81 South America Cooler Box Market Outlook, By Country (2020-2028) ($MN)
Table 82 South America Cooler Box Market Outlook, By Cooling Material (2020-2028) ($MN)
Table 83 South America Cooler Box Market Outlook, By Wet Ice (2020-2028) ($MN)
Table 84 South America Cooler Box Market Outlook, By Dry Ice (2020-2028) ($MN)
Table 85 South America Cooler Box Market Outlook, By Eutectic Plates (2020-2028) ($MN)
Table 86 South America Cooler Box Market Outlook, By Gel Packs (2020-2028) ($MN)
Table 87 South America Cooler Box Market Outlook, By Insulated Blankets (2020-2028) ($MN)
Table 88 South America Cooler Box Market Outlook, By Liquid Nitrogen (2020-2028) ($MN)
Table 89 South America Cooler Box Market Outlook, By Type (2020-2028) ($MN)
Table 90 South America Cooler Box Market Outlook, By Disposable Cooler Boxes (2020-2028) ($MN)
Table 91 South America Cooler Box Market Outlook, By Reusable Cooler Boxes (2020-2028) ($MN)
Table 92 South America Cooler Box Market Outlook, By Raw Material (2020-2028) ($MN)
Table 93 South America Cooler Box Market Outlook, By Extruded Polystyrene (2020-2028) ($MN)
Table 94 South America Cooler Box Market Outlook, By Expanded Polystyrene (2020-2028) ($MN)
Table 95 South America Cooler Box Market Outlook, By Polyurethane Foam (2020-2028) ($MN)
Table 96 South America Cooler Box Market Outlook, By Expanded Polypropylene (2020-2028) ($MN)
Table 97 South America Cooler Box Market Outlook, By End User (2020-2028) ($MN)
Table 98 South America Cooler Box Market Outlook, By Food & Beverages (2020-2028) ($MN)
Table 99 South America Cooler Box Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 100 South America Cooler Box Market Outlook, By Other End Users (2020-2028) ($MN)
Table 101 Middle East & Africa Cooler Box Market Outlook, By Country (2020-2028) ($MN)
Table 102 Middle East & Africa Cooler Box Market Outlook, By Cooling Material (2020-2028) ($MN)
Table 103 Middle East & Africa Cooler Box Market Outlook, By Wet Ice (2020-2028) ($MN)
Table 104 Middle East & Africa Cooler Box Market Outlook, By Dry Ice (2020-2028) ($MN)
Table 105 Middle East & Africa Cooler Box Market Outlook, By Eutectic Plates (2020-2028) ($MN)
Table 106 Middle East & Africa Cooler Box Market Outlook, By Gel Packs (2020-2028) ($MN)
Table 107 Middle East & Africa Cooler Box Market Outlook, By Insulated Blankets (2020-2028) ($MN)
Table 108 Middle East & Africa Cooler Box Market Outlook, By Liquid Nitrogen (2020-2028) ($MN)
Table 109 Middle East & Africa Cooler Box Market Outlook, By Type (2020-2028) ($MN)
Table 110 Middle East & Africa Cooler Box Market Outlook, By Disposable Cooler Boxes (2020-2028) ($MN)
Table 111 Middle East & Africa Cooler Box Market Outlook, By Reusable Cooler Boxes (2020-2028) ($MN)
Table 112 Middle East & Africa Cooler Box Market Outlook, By Raw Material (2020-2028) ($MN)
Table 113 Middle East & Africa Cooler Box Market Outlook, By Extruded Polystyrene (2020-2028) ($MN)
Table 114 Middle East & Africa Cooler Box Market Outlook, By Expanded Polystyrene (2020-2028) ($MN)
Table 115 Middle East & Africa Cooler Box Market Outlook, By Polyurethane Foam (2020-2028) ($MN)
Table 116 Middle East & Africa Cooler Box Market Outlook, By Expanded Polypropylene (2020-2028) ($MN)
Table 117 Middle East & Africa Cooler Box Market Outlook, By End User (2020-2028) ($MN)
Table 118 Middle East & Africa Cooler Box Market Outlook, By Food & Beverages (2020-2028) ($MN)
Table 119 Middle East & Africa Cooler Box Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 120 Middle East & Africa Cooler Box Market Outlook, By Other End Users (2020-2028) ($MN)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings