The research study conducted by Report Ocean on the “ Isothermal Packaging Market ” spans over 100+ pages and delves into various facets of this market. It analyses the business strategies adopted by emerging industry players, examines the geographical scope, dissects market segments, evaluates the product landscape, and investigates price and cost structures. This research report facilitates market segmentation based on the latest Market trends, geographical market, and technological advancements. Each section of the report is meticulously prepared to scrutinize key aspects of the market. Moreover, it includes a detailed analysis of current applications, comparing them while focusing on opportunities, threats, and conducting a competitive analysis of major companies.
Global Isothermal Packaging Market is valued at approximately USD $$billion in 2021 and is anticipated to grow with a healthy growth rate of more than $$% over the forecast period 2022-2029. Isothermal Packaging is a type of insulated packaging used for the transportation of perishable products, and products that require controlled temperatures such as seafood and frozen food products. Isothermal Packaging has its application in the food and pharmaceutical industries as it preserves the products from thermal and physical shocks. Also, most pathogens cannot survive in sub-zero temperatures. Therefore, freezing food products reduces the possibility of microbial contamination. Isothermal packaging is an ideal packaging solution for food and beverages that helps to protects the products for long shelf life and keep them suitable for consumption. The increasing growth of e-commerce and the growing expansion of the cold chain logistics Sector are key factors driving the market growth.
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The rising expansion of the Cold chain logistics industry due to the rising popularity of frozen and packaged food products is contributing towards the growth of the Global Isothermal Packaging Market. For instance – as per Statista – as of 2020, the global cold chain logistics market was valued at USD 248.4 billion and is expected to exceed USD 410 billion by 2028. Also, increasing demand for frozen food products and growing penetration of online retailing would create a lucrative growth prospectus for the market over the forecast period. However, the high cost associated with Isothermal Packaging and lack of penetration in developing regions stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Isothermal Packaging Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the growing demand for isothermal packaging solutions across the food & beverages and pharmaceuticals industry in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising growth of the food processing industry and growing expansion of the pharmaceuticals industry in the region.
Major market player included in this report are:
Softbox
Marko Foam Products
Tempack
American Aerogel Corporation
Polar Tech Industries, Inc.
Innovative Energy Inc.
Cryopak Inc
Exeltainer / Design and development: Barraquete diseno y comunicacion
The Wool Packaging Company Limited
Providence Packaging Inc
Recent Developments in the Market:
In June 2022, Canada-based packaging company Cascades announced the launch of a new isothermal packaging technology and commenced a new production site in York, Pennsylvania.
Global Isothermal Packaging Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Material, Product Type, End User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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 Material
Polystyrene (PS)
Polyurethane (PU)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Poly Vinyl Chloride (PVC)
Others
By Product Type
Containers
Boxes
Bags
Others
By End User
Pharmaceuticals
Food & Beverages
Chemicals
Others
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
RoLA
Rest of the World
Key Questions Answered in the Market Report:
• How did the COVID-19 pandemic have an impact on the adoption of via a range of pharmaceutical and existence sciences companies?
• What is the outlook for the affect market all through the forecast length 2023-2032?
• What are the key developments influencing the have an impact on market? How will they have an impact on the market in short-, mid-, and long-term duration?
• What is the give up person appreciation toward?
• What are the key elements impacting the have an effect on market? What will be there have an impact on in short-, mid-, and long-term duration?
• What are the key possibilities areas in the influence market? What is their workable in short-, mid-, and long-term duration?
• What are the key techniques adopted via groups in the have an effect on market?
• What are the key utility areas of the influence market? Which utility is predicted to keep the very best increase attainable all through the forecast duration 2023-2033?
• What is the favoured deployment mannequin for the impact? What is the boom conceivable of quite a number deployment fashions existing in the market?
• Who are the key cease customers of pharmaceutical quality? What is their respective share in the affect market?
• Which regional market is predicted to maintain the easiest boom possible in the have an impact on market at some stage in the forecast length 2023-2032?
• Which are the key gamers in the have an impact on market?
Growth Hampering Factors in the Market:
- Environmental regulations: Stricter environmental regulations on the production and use of fossil fuels can limit the availability and use of traditional market.
- Safety concerns: Safety concerns regarding the storage and transportation of can limit their use.
- Supply chain disruptions: Disruptions in the global supply chain due to natural disasters, pandemics, or other factors can impact the availability and cost of market.
- Security concerns: Security concerns regarding the transportation and storage of market can limit their use and availability.
- Technological obsolescence: Advances in technology can make existing systems obsolete, leading to reduced demand.
- Competition from alternative fuels: The development of alternative fuels such as biofuels and hydrogen-based fuels can compete with traditional market.
- Volatility in oil prices: Fluctuations in oil prices can affect the cost of market, making it difficult for industry players to predict and plan for costs.
- Economic downturns: Economic downturns can result in reduced demand for air travel and air cargo transportation, leading to a reduction in demand for market.
- Geopolitical tensions: Political instability and tensions between nations can impact the global supply chain for market, leading to supply disruptions and price fluctuations.
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