Global Insulated packaging Market Size study, by Material (Plastic, Wood, Corrugated Cardboard, Glass), Application (Food & Beverages, Industrial, Pharmaceutical, Cosmetics), Packaging Type (Boxes & Containers, Bags & Pouches, Wraps), by Type (Rigid, Flexible, Semi-rigid) and Regional Forecasts 2020-2027
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Product Code:
RP-ID-10346847 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
200 -
Category:
Chemicals -
Publisher:
Pub-ID-14
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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Global Insulated packaging Market is valued approximately USD 10.72 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.7 % over the forecast period 2020-2027. Insulated Packaging is a combination of materials which offer low thermal conductivity along with high resistance. The material is majorly used for shipping of temperature sensitive products for maintaining product freshness and efficiency. It plays a significant role in eliminating the effects of variable temperature keeping the product warm, frozen or refrigerated and protecting the product from physical damage. The packaging is majorly used in a wide range of end-use industries such as chemical, food and beverage, healthcare and personal care and more. The escalated growth in the Food and beverage industry along with increase in demand for Higher food quality drives the market growth. As per Food Processing Ingredients report of 2019 the food processing industry accounted to USD 119.6 billion in 2017 with Output Food exports of USD 35.3 billion in Europe. Also, Italy in 2017 amounted for USD 4.6 billion exports to USA alone. Moreover, the EU regulation no. 1935/2004 states that food contact materials should not transfer any of their constituents to food in quantities endangering human health. Furthermore, increasing prevalence of diseases and rising health awareness among the customers has increased the sales of Pharmaceutical products increasing the demand for Insulated packaging. Also, the vaccines and injections are to be stored and transported at a certain temperature which stirs the demand for insulated packaging to keep the vaccines and injection cold. However, fluctuations in the prices of raw materials impedes the growth of the market over the forecast period of 2020-2027. Although, changing lifestyles and rapid growth in the E-commerce presents a lucrative opportunity for the market.
The regional analysis of global Insulated packaging market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing to the widescale manufacturing of packaging materials in the region along with presence of high number od manufacturing facilities. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapidly increasing ecommerce and changing lifestyle would create lucrative growth prospects for the Insulated packaging market across Asia-Pacific region.
Major market player included in this report are:
Deutsche Post DHL
E. I. Du Pont De Nemours and Co.
Amcor Limited
Sonoco Products Company
Huhtamaki OYJ
Exeltainer
American Aerogel Corporation
Thermal Packaging Solutions
TemperPack
Insulated Products Corp.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Rigid
Flexible
Semi-rigid
By Material:
Plastic
Wood
Corrugated Cardboard
Glass
By Application:
Food & Beverages
Industrial
Pharmaceutical
Cosmetics
By Packaging Type:
Boxes & Containers
Bags & Pouches
Wraps
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Insulated packaging Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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Deutsche Post DHL
E. I. Du Pont De Nemours and Co.
Amcor Limited
Sonoco Products Company
Huhtamaki OYJ
Exeltainer
American Aerogel Corporation
Thermal Packaging Solutions
TemperPack
Insulated Products Corp