Global Insulated Shipping Packaging Market Overview
According to SPER Market Research, the Global Insulated Shipping Packaging Market is estimated to reach USD 14.85 billion by 2032 with a CAGR of 6.54%.
Insulated shipping packaging refers to packaging solutions that are designed to protect temperature-sensitive products during transportation. These solutions are used to maintain specific temperature ranges to prevent spoilage or damage to the products during shipping. The packaging is commonly used for shipping perishable items, such as food and beverages, pharmaceuticals, and other temperature-sensitive products. The demand for insulated shipping packaging has been increasing due to the growth of e-commerce and cross-border trade, as well as the rising demand for fresh and frozen foods and pharmaceuticals.
The market for insulated shipping packaging is segmented based on material type, product type, application, and geography. The commonly used materials for insulated shipping packaging include expanded polystyrene (EPS), polyurethane foam (PU), and vacuum insulated panels (VIP). The product types include boxes, containers, bags, and wraps, among others. The applications of insulated shipping packaging include food and beverages, pharmaceuticals, chemicals, and others.
North America and Europe are the leading markets for insulated shipping packaging, primarily due to the high demand for temperature-sensitive products in these regions. The Asia Pacific region is also a rapidly growing market due to the increasing demand for fresh and frozen foods and the growth of the pharmaceutical industry in the region.
Impact of COVID-19 on the Global Insulated Shipping Packaging Market
The global insulated shipping packaging market has been significantly impacted by the COVID-19 pandemic. Due to the rise in e-commerce and online shopping, along with the increased demand for temperature-sensitive products such as food and pharmaceuticals, the demand for insulated packaging solutions has increased. However, the pandemic has also caused supply chain disruptions and reduced production levels due to lockdowns and travel restrictions.
The shift in consumer behavior towards online shopping has required companies in the insulated shipping packaging market to increase their production capacity and adapt to the changing market conditions. Despite this, there have been challenges such as raw material shortages, increased production costs, and logistic difficulties. Furthermore, the closure of factories and distribution centers has caused delivery delays and impacted the supply chain.
In conclusion, while the COVID-19 pandemic has presented challenges for the global insulated shipping packaging market, it has also created opportunities for growth and expansion as companies strive to meet the increasing demand for temperature-sensitive products in the e-commerce and online shopping industries.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Material Type, By Capacity, By Sales Channel, By End Use
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
|
| Companies Covered | COOL Sarl, Creo pack packaging, Cryopak, Drew foam companies, Harwal groups, Marko foam products, Radwa Corporation, Sofrigam, Sonoco products, Topa thermal
|
Global Insulated Shipping Packaging Market Segmentation:
1. By Material Type:
- Pneumatic
- Polystyrene
- Extended Polystyrene (EPS)
- Extruded Polystyrene (XPS)
2. By Capacity:
- Up to 5 L
- 5L- 10L
- 10L -15L
- Above 15L
3. By Sales Channel:
- Specialty/Departmental Stores
- Online
- Distributors
4. By End-Use:
- Food & Beverages
- Pharmaceuticals
- Chemicals
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Global Insulated Shipping Packaging Market Size (FY’2019-FY’2032)
- Overview of Global Insulated Shipping Packaging Market
- Segmentation of Global Insulated Shipping Packaging Market By Material Type (Polyurethane, Pneumatic, Polystyrene, Extended Polystyrene, Extruded Polystyrene)
- Segmentation of Global Insulated Shipping Packaging Market By Sales Channel (Specialty/Departmental Stores, Online, Distributors)
- Segmentation of Global Insulated Shipping Packaging Market By End Use (Food and Beverages, Pharmaceuticals, Chemicals, Others)
- Growth Analysis of Global Insulated Shipping Packaging Market
- Problems and Challenges in Global Insulated Shipping Packaging Market
- Competitive Landscape in the Global Insulated Shipping Packaging Market
- Details on Recent Investment in Global Insulated Shipping Packaging Market
- Competitive Analysis of Global Insulated Shipping Packaging Market
- Global Insulated Shipping Packaging Market Key Players
- Global Insulated Shipping Packaging Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Insulated Shipping Packaging Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Insulated Shipping Packaging Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Insulated Shipping Packaging Market
7. Global Insulated Shipping Packaging Market, By Material Type, 2019-2032 (USD Million)
7.1 Polyurethane
7.2 Pneumatic
7.3 Polystyrene
7.4 Extended Polystyrene (EPS)
7.5 Extruded Polystyrene (XPS)
8. Global Insulated Shipping Packaging Market, By Capacity, 2019-2032 (USD Million)
8.1 Up to 5 L
8.2 5L- 10L
8.3 10L -15L
8.4 Above 15L
9. Global Insulated Shipping Packaging Market, By Sales Channel, 2019-2032 (USD Million)
9.1 Specialty/Departmental Stores
9.2 Online
9.3 Distributors
10. Global Insulated Shipping Packaging Market, By End-Use, 2019-2032 (USD Million)
10.1 Food & Beverages
10.2 Pharmaceuticals
10.3 Chemicals
10.4 Others
11.Global Insulated Shipping Packaging Market, By Region, 2019-2032 (USD Million)
11.1Global Insulated Shipping Packaging Market and Market Share by Region (2019-2025)
11.2Global Insulated Shipping Packaging Market and Market Share by Region (2026-2032)
11.3 Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Spain
11.4.5 United Kingdom
11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7 Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America
12.Company Profiles
12.1 Cool Sarl
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2 Creopack Packaging Intelligence
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3 Cryopak
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4 Drew Foam Companies Inc
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5 Harval Group
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6 Marko Foam Products
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7 Radwa Corporation
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
12.8 Sofrigam SA
12.8.1 Company details
12.8.2 Financial outlook
12.8.3 Product summary
12.8.4 Recent developments
12.9 Sonoco Product Company
12.9.1 Company details
12.9.2 Financial outlook
12.9.3 Product summary
12.9.4 Recent developments
12.10 Topa Thermal
12.10.1 Company details
12.10.2 Financial outlook
12.10.3 Product summary
12.10.4 Recent development
13.List of Abbreviations
14.Reference Links
15.Conclusion
16.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
