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Cooler Box Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | Sonoco ThermoSafe, B Medical Systems, Blowkings, Nilkamal Limited, IsoNova Technologies LLC
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Cooler Box Market Size, Growth Rate, And Forecast
The global cooler box market size is expected to grow from $5.83 billion in 2022 to $6.51 billion in 2023, at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cooler box market is expected to grow to $10.09 billion in 2027 at a CAGR of 11.6%.
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Cooler Box Market Drivers
The growth in the pharmaceutical industry is significantly contributing to the growth of the cooler box market. The pharmaceutical industry includes businesses that produce preparations used to prevent and cure diseases. The pharmaceutical industry uses various products like test samples for medicines, blood samples, blood packets, ampules, and vaccines, which stay safe and stable under colder temperatures. Cooler boxes keep their inside environment colder and unaffected by outside temperature, which helps in the safe transportation of pharmaceutical products.
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Cooler Box Market Segments
• By Type: Reusable, Disposable
• By Product: Handle, Wheeled, Handle, and Wheel
• By Cooling Material: Wet Ice, Dry Ice, Gel Packs
• By Raw Material: PU Foam, Expanded Polystyrene, Extruded Polystyrene, Expanded Polypropylene
• By End Use: Pharmaceuticals, Food, and Beverages
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cooler Box market.
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Cooler Box Market Key Players
Major competitors in the Cooler Box market include Sonoco ThermoSafe, B Medical Systems, Blowkings, Nilkamal Limited, IsoNova Technologies LLC, Eurobox Logistics, Softbox Systems, Sofrigam, CIP Industries, Coldchain Controls, Apex International
The Business Research Company's "Global Cooler Box Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Cooler Box Market Include:
1. Executive Summary
2. Cooler Box Market Characteristics
3. Cooler Box Market Trends And Strategies
4. Cooler Box Market - Macro Economic Scenario
5. Cooler Box Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Cooler Box Market
29. Cooler Box Market Future Outlook and Potential Analysis
30. Appendix
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