Thermal Insulated Food Packaging Market Statistics and Growth Prediction 2021- Visy Industries, Orora Packaging Solutions, Wilpak Group, ABBE Corrugated

The Thermal Insulated Food Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. As per our analysis, this industry will recover post-COVID, and this market will flourish during the forecast period.

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“Thermal Insulated Food Packaging Market was valued at USD 14.15 billion in 2020 and is expected to reach a value of USD 19.65 billion by 2026, and grow at a CAGR of 5.71% over the forecast period (2021 - 2026).”

Top leading Companies Profiled in Thermal Insulated Food Packaging Market Report are Visy Industries, Orora Packaging Solutions, Wilpak Group, ABBE Corrugated, Planet Protector Packaging, Sealed Air, Pro-Pac Packaging Limited, Sancell, Thermal Ice, Insulated Products Corporation, Pearl Ice, Cryolux Group, Cryopak

News and Latest Developments

Antalis unveils new thermal packaging solution for frozen foods- European paper and packaging solutions provider Antalis has launched an eco-friendly thermal packaging solution for food manufacturers and retailers.

DS Smith launches new sustainable packaging solution for temperature sensitive deliveries- It is becoming increasingly clear that consumer shopping habits have drastically changed over the past months. The response to the Covid-19 pandemic has translated into an acceleration of e-commerce adoption. Indeed, recent research from DS Smith reveals that European consumers plan to continue or increase buying groceries online (62%) and home meal kits (49%). One area of particular focus for consumers is confidence in the quality and sustainability credentials of the packaging that their order arrives in. Or more specifically: understanding what its impact is on the environment.

ThermoPod introduces eco-friendly thermal and protective packaging for dairy products- ThermoPod introduces super insulated temperature control and protective mailers and packaging liners made with ASTM tested and certified biodegradable components. Ideal for shipment of cheese products, chocolates, cakes and pies, wine and other temperature sensitive foods to eco-aware customers, ThermoPod mailer envelopes and ThermoKeeper insulated box liners are "green" alternatives to foam envelopes and coolers and other non-biodegradable shipping containers.

Market Overview

The increase in the number of e-commerce websites for food and beverages and medicines is proliferating the need for delivery of perishable goods without any wastage. This is further increasing the adoption of insulated packaging by online grocery stores around the world. According to INE Spain, consumers who bought food and perishable goods online increased from 12.8% in 2015 to 18.6% in 2018.

The outbreak of a pandemic has led to record numbers of consumers shopping online for groceries and restaurants moving to off-premises formats. Then, coming to insulated packaging for temperature-sensitive products, the pharmaceutical sector has been demanding. Considering the spike in e-commerce, the insulated packaging is expected to see strong sales with smaller e-commerce and food delivery formats across meal kits and other perishable food and beverage items. As multiple packages containing fresh and frozen items require good insulation, pandemic-led behavioral change has led to packages being left outdoors for some time.

United States is expected to dominate the insulated packaging market due to the increasing number of food retail chains and their expansion, and the growing e-commerce industry. eCommerce continues to grow at a dramatic pace in the country, putting pressure on traditional retail.

Market Research Study Focus on these Types:

PUR Insulation Packaging

Metallised Insulation Packaging

EPS Insulation Packaging

VIP Insulation Packaging

Others

Market Research Study Focus on these Applications:

Meal Kits

Seafood

Others (Beverages, etc.)

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Thermal Insulated Food Packaging Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Thermal Insulated Food Packaging market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Thermal Insulated Food Packaging market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Thermal Insulated Food Packaging

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Thermal Insulated Food Packaging Market Table of Contents:

─Executive Summary of
─Market Landscape
─Thermal Insulated Food Packaging Market Sizing
─Porter’s Five Forces Analysis
─Thermal Insulated Food Packaging Market Segmentation by End-user, by Platform, by Objective
─Customer landscape
─Geographic Landscape
─Vendor Landscape and Analysis
─Appendix

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