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Global Isothermal Packaging Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like Sonoco,Softbox,Tempack,Inc.
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Isothermal packaging is an innovative insulated packaging used for the transportation of goods at controlled temperatures. It finds extensive application in the food and pharmaceutical industries as it efficiently preserves the products from thermal and physical shocks. Most pathogens cannot survive at sub-zero temperatures.
The industry is relatively fragmented, the key brand include Sonoco, Softbox, Marko Foam Products, Tempack, American Aerogel Corporation, Polar Tech, InsulTote, Insulated Products Corporation, Cryopak, Exeltainer, Woolcool, Providence Packaging, Aircontainer Package System, JB Packaging and so on.
The growing population and change in the taste and preferences of the consumers have led to the increase in the demand for frozen food. As most pathogens cannot survive at sub-zero temperatures, freezing food reduces the chances of microbes invading it. Therefore, frozen food can be stored in isothermal packaging for long periods of time and remains fit to be consumed at the convenience of the user.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The global Isothermal Packaging market is valued at 2460 million US$ in 2018 is expected to reach 3610 million US$ by the end of 2025, growing at a CAGR of 5.6% during 2019-2025.
Market Segment by Manufacturers, this report covers
Sonoco
Softbox
Marko Foam Products
Tempack
American Aerogel Corporation
Polar Tech
InsulTote
Insulated Products Corporation
Cryopak
Exeltainer
Woolcool
Providence Packaging
Aircontainer Package System
JB Packaging
Sofrigam
Polymos Inc.
Market Segment by Type, covers
Bubble
Composite Materials
Market Segment by Applications, can be divided into
Pharmaceutical
Food & Beverages
Others
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Related Information:
North America Isothermal Packaging Market Growth 2019-2024
United States Isothermal Packaging Market Growth 2019-2024
Asia-Pacific Isothermal Packaging Market Growth 2019-2024
Europe Isothermal Packaging Market Growth 2019-2024
EMEA Isothermal Packaging Market Growth 2019-2024
Global Isothermal Packaging Market Growth 2019-2024
China Isothermal Packaging Market Growth 2019-2024
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