The global insulated packaging market is anticipated to grow at a CAGR of 4.7% during the forecast period (2020-2026). The key factors that drive the growth of the global insulated packaging market include the requirement for proper packaging of the product. Such advanced packaging technologies bring together a vast range of techniques and materials with two basic objectives: to protect the product and to display items for sale. According to the FAO report 2019, a majority of agricultural products are destroyed due to the absence of packaging. The causes of this loss are bad weather, physical, chemical, microbiological deterioration, and lack of desired packaging infrastructure. This increases the demand for insulated packaging and hence drives the market growth.
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Insulated packaging offers resistance to the heat that transfers from one object to another with two different temperatures having low thermal conductivity. During transportation, thermal fluctuations of the temperature-sensitive products may deteriorate the quality of the product. To contain this, major companies are using insulated packaging, as it protects the product as well as maintain its specifications. Such properties offered by the insulated packaging encourage its adoption as well as aids in the growth of the global insulated packaging market over the forecast period. However, factors such as low awareness and low reach amongst the peoples may challenge the market growth over the forecast period. In addition, the higher cost of shipping smaller lots and the restricted number of destinations and temperature ranges available also acts as a barrier to the growth of the market over the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Insulated Packaging Market by Material
- Corrugated Cardboard
- Plastics
- Glass
- Others
Global Insulated Packaging Market by Product Type
- Rigid
- Semi-Rigid
- Flexible
Global Insulated Packaging Market by Application
- Food & Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Airlite Plastics Co.
- Amcor Plc
- American Aerogel
- Cold Chain Technologies Inc.
- Cold Ice Inc.
- Cryopak, a TCP Company
- Drew Foam of Georgia
- Deutsche Post DHL
- DS Smith PLC
- Exeltainer
- Huhtamaki Group Oyj
- Innovative Energy Inc.
- Insulated Products Corp.
- Kite Packaging Ltd.
- Marko Foam Products, Inc.
- Nippon Paper Industries Co. Ltd.
- Polar Tech Industries Inc.
- SmartCAE Stefan Braun
- Sonoco Products Co.
- Suzhou Star New Material Co., Ltd.
- Tempack (Temperature Packaging Solutions)
- Temperpack Technologies, Inc.
- TP Solutions
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global insulated packaging market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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