Cold Chain Packaging Market 2024-2033 : Industry Analysis, Size, Share, Growth And Forecast | Cold Chain Technologies Inc., Cryopak Industries Inc., Sofrigam Company, CCL Industries Inc., Sealed Air Corporation

The Business Research Company presents an extensive market research report on the "Cold Chain Packaging Global Market Report 2024" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Cold Chain Packaging industry. This report on Cold Chain Packaging market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
The cold chain packaging market size has grown rapidly in recent years. It will grow from $28.02 billion in 2023 to $31.92 billion in 2024 at a compound annual growth rate (CAGR) of 13.9%. The growth in the historic period can be attributed to expansion of global pharmaceutical and healthcare industries, growth in demand for temperature-sensitive biologics and vaccines, increased focus on food safety and quality assurance safety, rise in global trade of frozen and chilled foods, growth in the biotechnology and life sciences sector. The cold chain packaging market size is expected to see rapid growth in the next few years. It will grow to $54.99 billion in 2028 at a compound annual growth rate (CAGR) of 14.6%.

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Key Market Players:
Cold Chain Technologies Inc., Cryopak Industries Inc., Sofrigam Company, CCL Industries Inc., Sealed Air Corporation, Pelican BioThermal LLC, Sonoco Thermosafe, Intelsius a DGP Company, Softbox Systems Ltd., Envirotainer AB, Inmark Packaging, Tempack Packaging Solutions S.L., ACH Foam Technologies LLC, American Aerogel Corporation, Cold Ice Inc., Davis Core & Pad Co., DuPont de Nemours Inc., Exeltainer S.L., Insulated Products Corporation, Laminar Medica Limited, NanoCool LLC, Polar Tech Industries Inc., Protek Cargo, Royal Golden Eagle Group, Saeplast Americas Inc., SkyCell AG, Snyder Industries Inc., TKT GmbH, World Courier, va-Q-tec AG

Market Drivers:
According to the Cold Chain Packaging Market Report 2024 by The Business Research Company, the key factors driving the growth of the Cold Chain Packaging market, includes the Rapid urbanization is expected to propel the growth of the cold chain packaging market during the forecast period. Urbanization over the past years has led to urban development as cities and other urban areas require a new and much greater amount of resources to keep up with the increasing population and their demands. While the rising population is triggering demand for food products, changing lifestyles are prompting consumers to opt for processed and easy-to-eat food items. Processed food items such as frozen fruits and vegetables, dairy products, seafood, and meat have high demand across the world. Such food items require efficient packaging in transit and storage which is done with the help of cold chain packaging.

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Market segments for Cold Chain Packaging include:
1) By Product: Crates, Insulated Container And Boxes, Cold Packs, Label, Temperature Controlled Pallet Shippers
2) By Material Type: Expanded polystyrene (EPS), Vacuum insulated panel (VIP) solutions, Polyurethane (PUR)
3) By Application: Fruits And Vegetables, Fruit And Pulp Concentrates, Dairy Products, Fish, Meat And Seafood, Processed Food, Pharmaceuticals, Bakery And Confectionaries

The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?

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