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EPS Shipper Market share, Market trends, and forecasts from 2024 to 2031.

02-28-2024 04:53 AM CET | Associations & Organizations

Press release from: Report Prime

EPS Shipper Market share, Market trends, and forecasts from 2024

Market Overview and Report Coverage

The EPS Shipper Market, also known as Expanded Polystyrene Shipper Market, is a sector that focuses on the production and distribution of packaging solutions made from Expanded Polystyrene (EPS). These shippers are widely used in the transportation of temperature sensitive products such as pharmaceuticals, food, and beverages to ensure that they reach their destination in optimal condition.
The current outlook of the EPS Shipper Market is very positive, with a growing demand for temperature-sensitive packaging solutions due to the increasing global trade and e-commerce activities. The market is expected to witness significant growth in the coming years, driven by the need for efficient and reliable packaging solutions to protect perishable goods during transit. The EPS Shipper Market is projected to grow at a CAGR of 10.00% during the forecasted period, indicating a strong growth trajectory.
Furthermore, with the advancements in technology and innovation in the packaging industry, the EPS Shipper Market is expected to witness the development of new and improved packaging solutions that offer better insulation and protection for temperature-sensitive products. Overall, the future of the EPS Shipper Market looks promising, with opportunities for growth and expansion in the global packaging industry.

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Market Segmentation
The EPS Shipper Market Analysis by types is segmented into:
• 512 Inch3
• 1000 Inch3
• 1728 Inch3

EPS Shipper Market Types refer to the different sizes of Expanded Polystyrene (EPS) foam coolers used for shipping temperature-sensitive products. The 512 Inch^3 market is suitable for small items, the 1000 Inch^3 market for medium-sized products, and the 1728 Inch^3 market for larger goods. Each market type caters to specific shipping needs, offering insulation and protection to ensure the safe transport of perishable items. Understanding the differences in these market sizes helps businesses choose the appropriate EPS shippers for their shipping requirements.

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The EPS Shipper Market Industry Research by Application is segmented into:
• Food and Beverages Industry
• Pharmaceutical Industry
• Chemicals Industry
• Automotive Industry
• Others

EPS Shipper Market Applications in various industries:
Food and Beverages Industry: EPS shippers are commonly used for transporting perishable goods such as fruits, vegetables, seafood, and dairy products.
Pharmaceutical Industry: EPS shippers are essential for maintaining the integrity of temperature-sensitive pharmaceutical products during transportation.
Chemicals Industry: EPS shippers are used for safe transportation of hazardous chemicals and sensitive materials.
Automotive Industry: EPS shippers are used for shipping auto parts and components to prevent damage during transit.
Others Market: EPS shippers find applications in various industries for safe and secure transportation of goods.

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In terms of Region, the EPS Shipper Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global EPS Shipper market?
Some emerging trends in the global EPS shipper market include the increasing focus on sustainability, with companies looking for eco-friendly packaging solutions to reduce their carbon footprint. There is also a growing demand for custom-designed EPS shippers to meet specific product requirements and ensure safe transport. The use of advanced technology such as IoT and RFID for real-time tracking and monitoring of shipments is on the rise, improving efficiency and transparency in the supply chain. Additionally, the market is witnessing a rise in collaborations and partnerships between EPS packaging manufacturers and e-commerce companies to cater to the growing online retail sector.

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Major Market Players
Sonoco is a leading global provider of consumer packaging, industrial products, and packaging supply chain services. The company has a long history dating back to 1899 and has since grown into a Fortune 500 company with operations in 34 countries. Sonoco's EPS Shipper market segment offers a variety of temperature-controlled packaging solutions for the pharmaceutical, healthcare, and food industries. The company has shown steady market growth over the years, driven by its innovative products and commitment to sustainability.
Cold Chain Technologies is another key player in the EPS Shipper market, specializing in thermal packaging solutions for temperature-sensitive products. The company was established in 1967 and has since become a trusted partner for pharmaceutical companies, biotech firms, and logistics providers. Cold Chain Technologies has experienced significant market growth, expanding its product portfolio and global reach.
Snyder Industries is a leading manufacturer of polyethylene tanks, containers, and material handling solutions. The company also offers EPS shippers for temperature-sensitive products, catering to various industries such as food, pharmaceuticals, and chemicals. Snyder Industries has a strong presence in the market, with a wide range of high-quality products and a reputation for excellent customer service.
As for sales revenue, Pelican Products reported a revenue of $500 million in 2020, solidifying its position as a key player in the EPS Shipper market. Cryopak Industries also reported a significant revenue of $300 million, showcasing its strong market presence and growth potential. These companies, along with others in the competitive EPS Shipper market, continue to drive innovation and meet the evolving needs of customers in the temperature-controlled packaging industry.

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Get a Sample PDF of the Report: https://www.reportprime.com/enquiry/request-sample/12387

Contact Us:
Name: Mahesh Patel
Phone: +1 507 500 7209
Email: sales@reportprime.com

At ReportPrime.com, our vision is to revolutionize the market research industry by delivering unprecedented value to our clients through our audacious goal of providing unparalleled research quality, ethical practices, and affordability. We strive to empower businesses of all sizes with actionable, accurate, and unbiased insights that inform strategic decision-making, drive growth and innovation. We are committed to fostering a culture of excellence, integrity, and transparency, and to fostering lasting partnerships with our clients through affordability and dedicated client servicing.

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