Insulated Packaging Market 2019 In-Depth Analysis of Industry Share, Size, Growth, and Key Players Analysis like DS Smith, Amcor, American Aerogel, Cryopak, DuPont, Huhtamaki, Sonoco, Pelican BioThermal, Innovative Energy

This report studies the Global insulated packaging market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global insulated packaging market by companies, region, type and end-use industry.

Data Bridge Market Research recently introduced Global Insulated Packaging Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2026. The market Study is segmented by key regions which are rushing the marketization.

Global insulated packaging market is expected to rise from its initial estimated value of USD 12.79 billion in 2018 to an estimated value of USD 19.37 billion by 2026, registering a CAGR of 5.32% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising demand of packaging methods for goods that are susceptible to temperature variations.

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Market Definition:

Insulated packaging can be described as a type of packaging solution that is used for maintaining the optimal temperature for the goods and materials to be shipped. They are constituted to be a part of cold chain supply of goods, where there is continuous and refrigeration and temperature maintenance so that the quality and product effectiveness is maintained throughout.

Key Market Competitors:

Few of the major competitors currently working in the insulated packaging market are Amcor Limited, American Aerogel, Cryopak, Davis Core & Pad Company, DS Smith, DuPont, Huhtamaki, Innovative Energy Inc., MARKO FOAM PRODUCTS, Providence Packaging, Sonoco Products Company, The Wool Packaging Company Limited, TP Solutions, Pelican BioThermal, ShipItCold, Topa Thermal Packaging, TP3 Global, Polar Thermal Packaging Ltd., Insulated Products Corporation, and Therapak LLC.

Market Drivers:

• Significant rise of e-commerce and the subsequent demand from the industry is expected to drive the market growth

• Growth in consumption of goods susceptible to varying temperatures is also expected to act as a driver to the market growth

Market Restraints:

• Strict regulations posed by the authorities regarding the use of raw materials is expected to restrain the market growth

• High cost of maintenance of these products related to the constant use of these products is also expected to restrain the market growth

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Key Developments in the Market:

• In May 2017, Cryopak announced a partnership with Purolator Inc. for the logistics, transportation supplying solutions. This partnership is expected to ensure the regional dominance of Cryopak for logistics and associated solutions

• In March 2017, TP3 Global and Polar Thermal Packaging Ltd. announced the initiation of a partnership and strategic alliance that is expected to widen the product portfolio and offerings to the end-users.

Report Segmentation:

By Material
o Plastic
o Wood
o Glass
o Others

By Product
o Pouch & Bags
o Box & Containers
o Others

By End-Use
o Food & Beverage
o Industrial
o Pharmaceuticals
o Cosmetics
o Others

By Geography
o North America
o South America
o Europe
o Asia Pacific
o Middle East & Africa

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Data Bridge Market Research
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