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North America EPS Coolers Market Size, Share, Industry, Forecast and outlook (2023-2030)

02-21-2024 09:45 AM CET | Food & Beverage

Press release from: DataM Intelligence

North America EPS Coolers Market Size, Share, Industry,

EPS coolers are portable temperature-controlled systems that store and transport food products and pharmaceutical products to protect them from environmental hazards. The logistics and shipping industry mainly uses it for the products which require to be transported with specific temperature ranges due to high sensitivity, such as biopharmaceutical drugs, vaccines, foods etc.It is also quite popular among general household consumers as they use it to carry food and beverage. Depending upon the product type, the North America EPS coolers market is divided into Promotional EPS Coolers and Thick Wall EPS Coolers. Thick wall EPS cooler dominates the product segment of North America EPS coolers market, Depending on the Application, the North America EPS coolers market is divided into pharmaceuticals, food & beverages, medical consumables and others. Among these, the food and beverages segment dominates.

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Market Dynamics

Growing demand for temperature-controlled shipment boosts the region's market trend for EPS coolers.The essential nature of temperature-controlled shipment of various products, mainly related to biopharmaceuticals and perishable foods, drives the EPS coolers market in North America.A continuous storage and shipment process is necessary to ensure the product's quality is sustained throughout. Mainly EPS cooler is used to prevent microbial and metabolic deterioration caused by temperature excursions.

All the coolers and insulated shippers available at Cooler Warehouse are made from expanded polystyrene material. The molecular structure of EPS foam makes it a suitable material for different manufacturing applications.Polystyrene foam products, generally known as Styrofoam, are extensively used as single-use consumer goods. For instance, three million tons of polystyrene are produced in the USA each year, mainly used to make packaging materials and food service items such as foam cups, cartons and other containers to maintain the temperature.

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Segment Analysis

The North America EPS coolers market can be segmented by product, application and country.Thick wall EPS coolers are ideal for food packaging and pharmaceutical drug packaging due to their superior performance.The North America EPS coolers market is segmented based on product into promotional eps coolers and thick wall eps coolers. Thick Wall EPS Coolers hold the highest market share of the mentioned products. Thick-wall EPS coolers have a thick wall, normally ranging from 1-2 inches and are generally stronger than thin-wall EPS coolers and promotional coolers.

Thick-wall EPS are also leak resistant and perform better than thin-walled EPS coolers in resistivity and durability. These EPS coolers are ideal for food packaging and pharmaceutical drug packaging due to their superior performance. They are dominant types in the product segment.

Competitive Landscape

The North America EPS coolers market is highly competitive with local companies. Some prime companies contributing to the market's growth are Airlite Plastics Co, Cellofoam North America Inc, Magna Manufacturing, Inc, Thermal Shipping Solutions, Thermal Shield, Armstrong Brands Inc, Plymouth Foam, TempAid, Lifoam Industries, Styropek, Cold Chain Technologies, Sonoco Thermosafe, DuPont, Synthos S.A., Sundolitt Ltd and others

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DataM Intelligence 4Market Research is a Market Research firm that provides end-to-end business solutions to organizations from Research to Consulting. We at DataM Intelligence leverage our top trademark trends, insights, and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of Syndicate Reports & and; Customized Reports with a robust methodology.
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