A recent report published by Infinium Global Research on Isothermal Bags Containers Market provides in-depth analysis of segments and sub-segments in global as well as regional isothermal bags containers market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional Isothermal Bags Containers Market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global isothermal bags containers market. According to the report the global isothermal bags containers market is projected to grow at a CAGR of 5.7% over the forecast period of 2018-2024.
Isothermal bag containers are those type of bag containers, which have property to maintain the same temperature for a long time. It helps to maintain the temperature of its contents, keeping cold items cold, and hot items hot. It is used to carry temperature-sensitive goods, agri-products, medicine, and many other temperature sensitive products without breaking the cold chain. The global isothermal bags & containers market has witnessed impressive growth in the past few years, due to growing trade across the world. Growing exports and imports between the countries and safe transportation of products have paved the way for isothermal bags & containers market. A number of ancillary factors are expected to drive the isothermal bags & containers market, such as the property of keeping the product fresh and maintain cold chain during transit. Fast growth in organized retail sector, especially in emerging economies, is expected to fuel the growth of the isothermal bags & containers market. Despite the positive outlook, there are a number of factors that always leave a space for product damage during the transit, ultimately hampering the growth of the isothermal bags and containers market. Among the geographies, the North America and Europe region accounted for the highest market share in 2017 followed by the Asia Pacific. Asia Pacific region is expected to see the highest growing region in term of CAGR. The growing demand for different product items such as food, pharmaceuticals, fresh meat, and other perishable items are boosting the Asia-Pacific market of Isothermal bags and containers market.
The report on global isothermal bags containers market covers segments such as product type, material type, and end user. On the basis of product type the global isothermal bags containers market is categorized into containers and bags. On the basis of material type the global isothermal bags containers market is categorized into PVC, PET, polypropylene, polystyrene, polyurethane, and nylon. On the basis of end, user the global isothermal bags containers market is categorized into pharmaceuticals, chemicals, and food.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region.
The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global isothermal bags containers market such as, Cryopak Europe, Sonoco Products Company, Sofrigam SA Ltd, Pelican Biothermal LLC, ACH Foam Technologies, LLC, Cold & Co Sprl, Tecnisample s.l., Saeplast Americas Inc., AccsA'tech Medical Systems and Tempack Packaging Solutions, S.L..
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global isothermal bags containers market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of isothermal bags containers market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the isothermal bags containers market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the isothermal bags containers market to understand the present and future trends in this market and formulate their strategies accordingly.
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