Insulated Packaging Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023

insulated packaging is used for the packaging of temperature sensitive products in the categories such as food and beverages, pharmaceuticals and others. The report on global insulated packaging market provides qualitative and quantitative analysis for the period of 2015 to 2023. According to the report the global insulated packaging market is projected to grow with a CAGR between 4.5% and 5.0% from 2017 to 2023.

Figure 1: Global Insulated Packaging Market by Value 2017 - 2023

Market Insights

The report identified that the insulated packaging market is driven by factors such as, growing demand for insulated packaging from the healthcare sector, and innovative packaging methods. On the other hand, the restraining factors identified in the study include, variations in price and supply of raw materials. Increasing number of applications for insulated packaging in food and beverages sector provide opportunity for major players in the emerging and developing economies.

Segments Covered:

The report segments the insulated packaging market on the basis of type of packaging, material type, packaging form, application and region. The market size of each segment has been provided in terms of value (USD) and volume (tons). On the basis of types of packaging the global insulated packaging market is segmented as rigid, flexible and semi-rigid. The market segments, by material type include expanded polystyrene foam, polyurethane foam, wood, glass, cupboard and others. The market segments, by packaging form include box and container, flexible blanket, bags, wraps and others. The market segments, by application include food and beverages, industrial, healthcare, cosmetic and personal care, and others.

Geographic Coverage and Analysis:

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023.

Figure 2: Global Insulated Packaging Market by Region

Asia Pacific is the key consumer of the insulated packaging products in the global market. In 2015, this region accounted for about 36% share in the global market. Europe accounted for 30% of the global share followed by North America at 25%. High demand from countries such as Japan, India and China enhance the growth of the Asia-pacific insulated packaging market. Moreover, emerging economies across APAC region expected to be a factor for growth during forecast period.

Companies Profiled:

The companies covered in the report include Huhtamaki OYJ, International Paper, Sonoco Products, Deutsche Post DHL, Du Pont De Nemours and Co, Nippon Paper Group, Cryopak, Cold Chain Technologies, Thermal Packaging Solutions, Polar Tech Industries Inc., and Suzhou Star New Material Co., Ltd.

Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of insulated packaging globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on 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 insulated packaging. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the insulated packaging market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market strategies of the leading players. 
This report will help manufacturers, suppliers and distributors of the insulated packaging market to understand the present and future trends in this market and formulate their strategies accordingly.