Press release
Cold Chain Packaging Market Surges at 15.2% CAGR: Major Trends and Industry Insights for 2025-2029
Cold Chain Packaging Market
What Is The Projected Market Size Of The Global Cold Chain Packaging Market And Its Growth Rate?
The cold chain packaging market has witnessed robust growth in recent years. Here are the key statistics.
• 2024 Market Size: $31.69 billion
• 2025 Market Size: $36.02 billion, with a compound annual growth rate (CAGR) of 13.6%
• 2029 Projected Market Size: $63.48 billion, with a CAGR of 15.2%
The surge is driven by factors such as the expansion of global pharmaceutical, healthcare industries, the rise in global trade of frozen foods, and the growth in the biotechnology, life sciences sector.
What Is Driving The Growth In The Cold Chain Packaging Market?
The surge in urbanization plays a crucial role in augmenting the growth of the cold chain packaging market. With the booming population, the demand for food products has skyrocketed calling for efficient packaging during transit and storage. Cold chain packaging comes in handy at these times. Moreover, the UN Conference on Trade and Development highlights the urban population at 4.54 billion in July 2022, which is projected to reach 6.605 billion by 2050. This exponential upsurge of urban folks will push the cold chain packaging market further.
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Who Are the Key Players Driving Cold Chain Packaging Market Growth?
The key players leading the cold chain packaging market include:
• 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.
What Are The Key Trends In The Cold Chain Packaging Market?
Key trends stirring the cold chain packaging market include:
• Innovations in insulation and thermal barrier materials
• Active and passive temperature-controlled packaging
• Integration of IoT and sensor technologies
• Single-use and eco-friendly packaging solutions
• Pharmaceutical packaging with serialization and traceability
What Are The Segments Of The Global Cold Chain Packaging Market?
The Cold Chain Packaging Market is bifurcated based on:
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
Which Region Leads The Cold Chain Packaging Market?
Western Europe led the cold chain packaging market in 2024. However, areas covered in the report encompass Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Cold Chain Packaging Market Global Market Report?
• Market Size Analysis: Analyze the Cold Chain Packaging Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Cold Chain Packaging Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Cold Chain Packaging Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Cold Chain Packaging Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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