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Report Description

Report Description

Global Insulated Packaging market is anticipated to grow significantly through 2028 due to increasing demand from the food & beverage sector. In 2021, annual sales of retail food and beverage stores in the United States stood around USD 880 billion.

Insulated packaging is widely utilized by several end-use sectors because it successfully helps to avoid harm to items from physical damage, variations in temperature and pressure, and other factors
Moreover, increase in the standard of living and quickly rising e-commerce sectors in developing nations are propelling the insulated packaging market in the upcoming years.

Increasing Demand from Food & Beverage Sector

The demand for packaged food and the consumption of ready-to-eat meals is driving substantial expansion in the food and beverage packaging business. A thermally regulated environment is also required for the transportation and storage of perishables due to the rising trend of online food ordering and grocery shopping. The key issues facing the food sector are protection, preservation, upkeep, and increasing the shelf life of food goods. Choosing the proper packaging is essential since food products are prone to degrade over time, impacting its flavor, taste, texture, and color.

For instance, in October 2021, frozen food sales in the United States were more than USD 9000 million in which ice cream contributed most to the sales of frozen food in the region with USD 1400 million.

The structure, thermal insulation, and refrigerant capacity of frozen food packaging should be such that the product temperature is continually maintained at or below 0°C (32°F). It is necessary to use insulated shipping boxes because they prevent heat transfer between the inside and outside air.

Thus, increasing demand for sustainable and Insulated packaging material by the food & beverage sector is anticipated to boost the growth of Global Insulated Packaging Market in the upcoming years.


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Growing Demand from Electronic Industry

Electronics items must be carefully packaged and sent since they are very costly and delicate in nature. Almost all battery connections must be protected from short-circuiting while being shipped. To do this, they are entirely wrapped in an insulating wrapping to shield the exposed terminals.

For instance, according to the United States International Trade Commission, U.S. total exports of electronic products increased by 3.1% and general imports of electronic products increased by 4.5 % in 2018.

Therefore, growing demand for Insulated packaging from the electronics industry results in the growth of Global Insulated Packaging market in the projected years.

Flexible Packaging will be the Key Type

Flexible packaging is increasing in demand because of its practical shape, simplicity of use, ability to be resold, light weight, and reduced environmental effect. Also, the expansion of the market is fueled by the usage of flexible packaging in ready-to-eat food goods and vegetables. Products with flexible packaging are sealed using heat & pressure. Polypropylene, polyethylene, nylon, and polyester are polymers that are utilized to make flexible packaging items.

For instance, in 2019, according to the Flexible Packaging Association (FPA), flexible Packaging has about 19% of the packaging market in the United States, reporting for around 59 % of shipments.

All these factors are supporting the demand for flexible insulated packaging which led to the growth of the Global Insulated Packaging Market during the forecast years.

Recent Developments

  • In June 2022, Pitreavie Packaging Group's chilled packaging business, has developed an insulated box which is 100% recyclable.
  • Cryopak, opened a new packaging facility plant in Atlanta in May 2022.
  • In December 2021, Stora Enso introduced a new bio-based foam made from wood which are fully recyclable and used for thermal and protective packaging.
  • Softbox launched a 100% recyclable, plastic-free, cardboard insulated shipper known as eco chill box in May 2020.

Market Segmentation

Global Insulated Packaging Market is segmented based on material, packaging type, type, application, region and competitive landscape. Based on material, the market is categorized into plastic, metal, wood, corrugated cardboards, and others. Based on packaging type, the market is segmented into box & container, flexible blanket, bags, wraps, and others. Based on type, the market is divided into rigid, flexible, and semi-rigid. Based on application, the market is fragmented into food & beverages, pharmaceutical, cosmetic, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa.

Company Profiles

Sonoco Products Co., DuPont de Nemours, Inc., Cryopak Industries Inc, The Wool Packaging Company Limited, Cascades Inc., DS Smith PLC, Innovative Energy Inc., Marko Foam Products, Inc., Thermal Packaging Solutions Ltd., Insulated Products Corporation are some of the key players of Global Insulated Packaging Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Material

Packaging Type

Type

Application

Regional scope

North America, Europe, Asia Pacific, South America, Middle East & Africa

Country scope

United States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, China, India, South Korea, Japan, Vietnam, Brazil, Argentina, South Africa, Saudi Arabia, UAE

Key companies profiled

Sonoco Products Co., DuPont de Nemours, Inc., Cryopak Industries Inc, The Wool Packaging Company Limited, Cascades Inc., DS Smith PLC, Innovative Energy Inc., Marko Foam Products, Inc., Thermal Packaging Solutions Ltd., Insulated Products Corporation

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global insulated packaging market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

  • Insulated Packaging Market, By Material:
    • Plastic
    • Metal
    • Wood
    • Corrugated Cardboards
    • Others
  • Insulated Packaging Market, By Packaging Type:
    • Box & Container
    • Flexible Blanket
    • Bags
    • Wraps
    • Others
  • Insulated Packaging Market, By Type:
    • Rigid
    • Flexible
    • Semi-rigid
  • Insulated Packaging Market, By Application:
    • Food & Beverages
    • Pharmaceutical
    • Cosmetic
    • Others
  • Insulated Packaging Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Spain
      • Italy
    • Asia-Pacific
      • China
      • India
      • South Korea
      • Japan
      • Vietnam
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in the global Insulated Packaging market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Insulated Packaging Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Insulated Packaging Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Material (Plastic, Metal, Wood, Corrugated Cardboards, Others)

5.2.2.    By Packaging Type (Box & Container, Flexible Blanket, Bags, Wraps, Others)

5.2.3.    By Type (Rigid, Flexible, Semi-rigid)

5.2.4.    By Application (Food & Beverages, Pharmaceutical, Cosmetic, Others)

5.2.5.    By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.6.    By Company (2022)

5.3.  Market Map

5.3.1.    By Material

5.3.2.    By Packaging Type

5.3.3.    By Type

5.3.4.    By Application

5.3.5.    By Region

6.    North America Insulated Packaging Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Material

6.2.2.    By Packaging Type

6.2.3.    By Type

6.2.4.    By Application

6.2.5.    By Country

6.3.  Pricing Analysis

6.4.  North America: Country Analysis

6.4.1.    United States Insulated Packaging Market Outlook

6.4.1.1.        Market Size & Forecast

6.4.1.1.1.           By Value

6.4.1.2.        Market Share & Forecast

6.4.1.2.1.           By Material

6.4.1.2.2.           By Packaging Type

6.4.1.2.3.           By Type

6.4.1.2.4.           By Application

6.4.2.    Mexico Insulated Packaging Market Outlook

6.4.2.1.        Market Size & Forecast

6.4.2.1.1.           By Value

6.4.2.2.        Market Share & Forecast

6.4.2.2.1.           By Material

6.4.2.2.2.           By Packaging Type

6.4.2.2.3.           By Type

6.4.2.2.4.           By Application

6.4.3.    Canada Insulated Packaging Market Outlook

6.4.3.1.        Market Size & Forecast

6.4.3.1.1.           By Value

6.4.3.2.        Market Share & Forecast

6.4.3.2.1.           By Material

6.4.3.2.2.           By Packaging Type

6.4.3.2.3.           By Type

6.4.3.2.4.           By Application

7.    Europe Insulated Packaging Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Material

7.2.2.    By Packaging Type

7.2.3.    By Type

7.2.4.    By Application

7.2.5.    By Country

7.3.  Pricing Analysis

7.4.  Europe: Country Analysis

7.4.1.    France Insulated Packaging Market Outlook

7.4.1.1.        Market Size & Forecast

7.4.1.1.1.           By Value

7.4.1.2.        Market Share & Forecast

7.4.1.2.1.           By Material

7.4.1.2.2.           By Packaging Type

7.4.1.2.3.           By Type

7.4.1.2.4.           By Application

7.4.2.    Germany Insulated Packaging Market Outlook

7.4.2.1.        Market Size & Forecast

7.4.2.1.1.           By Value

7.4.2.2.        Market Share & Forecast

7.4.2.2.1.           By Material

7.4.2.2.2.           By Packaging Type

7.4.2.2.3.           By Type

7.4.2.2.4.           By Application

7.4.3.    United Kingdom Insulated Packaging Market Outlook

7.4.3.1.        Market Size & Forecast

7.4.3.1.1.           By Value

7.4.3.2.        Market Share & Forecast

7.4.3.2.1.           By Material

7.4.3.2.2.           By Packaging Type

7.4.3.2.3.           By Type

7.4.3.2.4.           By Application

7.4.4.    Spain Insulated Packaging Market Outlook

7.4.4.1.        Market Size & Forecast

7.4.4.1.1.           By Value

7.4.4.2.        Market Share & Forecast

7.4.4.2.1.           By Material

7.4.4.2.2.           By Packaging Type

7.4.4.2.3.           By Type

7.4.4.2.4.           By Application

7.4.5.    Italy Insulated Packaging Market Outlook

7.4.5.1.        Market Size & Forecast

7.4.5.1.1.           By Value

7.4.5.2.        Market Share & Forecast

7.4.5.2.1.           By Material

7.4.5.2.2.           By Packaging Type

7.4.5.2.3.           By Type

7.4.5.2.4.           By Application

8.    Asia-Pacific Insulated Packaging Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Material

8.2.2.    By Packaging Type

8.2.3.    By Type

8.2.4.    By Application

8.2.5.    By Country

8.3.  Pricing Analysis

8.4.  Asia-Pacific: Country Analysis

8.4.1.    China Insulated Packaging Market Outlook

8.4.1.1.        Market Size & Forecast

8.4.1.1.1.           By Value

8.4.1.2.        Market Share & Forecast

8.4.1.2.1.           By Material

8.4.1.2.2.           By Packaging Type

8.4.1.2.3.           By Type

8.4.1.2.4.           By Application

8.4.2.    India Insulated Packaging Market Outlook

8.4.2.1.        Market Size & Forecast

8.4.2.1.1.           By Value

8.4.2.2.        Market Share & Forecast

8.4.2.2.1.           By Material

8.4.2.2.2.           By Packaging Type

8.4.2.2.3.           By Type

8.4.2.2.4.           By Application

8.4.3.    South Korea Insulated Packaging Market Outlook

8.4.3.1.        Market Size & Forecast

8.4.3.1.1.           By Value

8.4.3.2.        Market Share & Forecast

8.4.3.2.1.           By Material

8.4.3.2.2.           By Packaging Type

8.4.3.2.3.           By Type

8.4.3.2.4.           By Application

8.4.4.    Japan Insulated Packaging Market Outlook

8.4.4.1.        Market Size & Forecast

8.4.4.1.1.           By Value

8.4.4.2.        Market Share & Forecast

8.4.4.2.1.           By Material

8.4.4.2.2.           By Packaging Type

8.4.4.2.3.           By Type

8.4.4.2.4.           By Application

8.4.5.    Vietnam Insulated Packaging Market Outlook

8.4.5.1.        Market Size & Forecast

8.4.5.1.1.           By Value

8.4.5.2.        Market Share & Forecast

8.4.5.2.1.           By Material

8.4.5.2.2.           By Packaging Type

8.4.5.2.3.           By Type

8.4.5.2.4.           By Application

9.    South America Insulated Packaging Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Material

9.2.2.    By Packaging Type

9.2.3.    By Type

9.2.4.    By Application

9.2.5.    By Country

9.3.  Pricing Analysis

9.4.  South America: Country Analysis

9.4.1.    Brazil Insulated Packaging Market Outlook

9.4.1.1.        Market Size & Forecast

9.4.1.1.1.           By Value

9.4.1.2.        Market Share & Forecast

9.4.1.2.1.           By Material

9.4.1.2.2.           By Packaging Type

9.4.1.2.3.           By Type

9.4.1.2.4.           By Application

9.4.2.    Argentina Insulated Packaging Market Outlook

9.4.2.1.        Market Size & Forecast

9.4.2.1.1.           By Value

9.4.2.2.        Market Share & Forecast

9.4.2.2.1.           By Material

9.4.2.2.2.           By Packaging Type

9.4.2.2.3.           By Type

9.4.2.2.4.           By Application

10. Middle East and Africa Insulated Packaging Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Material

10.2.2. By Packaging Type

10.2.3. By Type

10.2.4. By Application

10.2.5. By Country

10.3.             Pricing Analysis

10.4.             MEA: Country Analysis

10.4.1. South Africa Insulated Packaging Market Outlook

10.4.1.1.     Market Size & Forecast

10.4.1.1.1.         By Value

10.4.1.2.     Market Share & Forecast

10.4.1.2.1.         By Material

10.4.1.2.2.         By Packaging Type

10.4.1.2.3.         By Type

10.4.1.2.4.         By Application

10.4.2. Saudi Arabia Insulated Packaging Market Outlook

10.4.2.1.     Market Size & Forecast

10.4.2.1.1.         By Value

10.4.2.2.     Market Share & Forecast

10.4.2.2.1.         By Material

10.4.2.2.2.         By Packaging Type

10.4.2.2.3.         By Type

10.4.2.2.4.         By Application

10.4.3. UAE Insulated Packaging Market Outlook

10.4.3.1.     Market Size & Forecast

10.4.3.1.1.         By Value

10.4.3.2.     Market Share & Forecast

10.4.3.2.1.         By Material

10.4.3.2.2.         By Packaging Type

10.4.3.2.3.         By Type

10.4.3.2.4.         By Application

11. Market Dynamics

11.1.             Drivers

11.1.1. Increasing Demand from Food & Beverage Industry

11.1.2. Rising Demand from Electronic Sector

11.1.3. Growing Demand from Pharmaceutical Sector

11.2.             Challenges

11.2.1. Fluctuation in Raw Material Costs

11.2.2. Instability and high price of vacuum insulation panels (VIP)

12. Market Trends & Developments

12.1.             Product Launches

12.2.             Mergers & Acquisitions

12.3.             Technological Advancements

13. Global Insulated Packaging Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Products

15. Competitive Landscape

15.1.             Business Overview

15.2.             Product Offerings

15.3.             Recent Developments

15.4.             Financials (In Case of Listed Companies)

15.5.             Key Personnel

15.6.             SWOT Analysis

15.6.1. Sonoco Products Co

15.6.2. DuPont de Nemours, Inc.

15.6.3. Cryopak Industries Inc

15.6.4. The Wool Packaging Company Limited

15.6.5. Cascades Inc.

15.6.6. DS Smith PLC

15.6.7. Innovative Energy Inc.

15.6.8. Marko Foam Products, Inc.

15.6.9. Thermal Packaging Solutions Ltd.

15.6.10. Insulated Products Corporation

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

Frequently asked questions

Growing demand for temperature-sensitive products including healthcare, food & beverages, cosmetics with high standard of living is driving the growth of Global Insulated Packaging Market.

Sonoco Products Co., DuPont de Nemours, Inc., Cryopak Industries Inc, The Wool Packaging Company Limited, Cascades Inc., DS Smith PLC, Innovative Energy Inc., Marko Foam Products, Inc., Thermal Packaging Solutions Ltd., Insulated Products Corporation are some of the key players in the Global Insulated Packaging Market.

Insulated packaging is manufactured in such a way that loss of heat from the packaged product is minimized by significantly reducing heat flow.

Asia Pacific is expected to dominate the market during the forecast period due to rapid urbanization and expanding manufacturing industry which results in increasing demand for packaging material for their products.

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