Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Cold Gel Packs Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.8% during the review period (2022 to 2027).
Cold Gel Packs Market Overview
The global Cold Gel packs market is expected to rise as nonsurgical and non-pharmacological methods for the treatment of pain become more widely used. There are many end-use industries where cold gel packs are employed, including the medical, fitness, food, and sports sectors, among others.
For many foods, like raw meats and dairy, which must be stored at a specific temperature to preserve their freshness, cold gel packs are the ideal cooling agent. Pre-filled Cold Gel packs are used in the medical industry for many different applications, including physical therapy clinics, surgical centres, rehabilitation facilities, and birthing centres, which is anticipated to drive the market for Cold Gel packs worldwide. Nevertheless, the increasing popularity of reusable and herbal packs among customers throughout the forecast period may restrain the growth of the global Cold Gel packs market.
Industry Development:
March 21, 2022 : Cold Chain Technologies, LLC (“CCT” or “Company”), a portfolio company of Aurora Capital Partners and leading global provider of thermal packaging solutions for the transportation of temperature-sensitive products for the life sciences industry, announced that it has acquired Packaging Technology Group, LLC (“PTG”), a leading provider of sustainable, curbside-recyclable thermal packaging solutions for the life sciences industry. Terms of the transaction were not disclosed.
Who are the Major Players in Cold Gel Packs Market?
The Cold Gel Packs Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Insulated Products Corp, Hill Country Mfg, Shanghai Broadway Packaging & Insulation Materials Co Ltd, ColdStar International, Axizz LLC, ThermaFreeze Products, Pelton Shepherd Industries, Polar Products Inc, Cold Chain Technologies, Nortech Laboratories, Accurate Manufacturing and others.
What are the major Applications, Types and Regions for Cold Gel Packs Market?
Cold Gel Packs Market is segmented based on the Types, applications, End users, companies and regions.
Global Cold Gel Packs Market, by Type
Global Cold Gel Packs Market, by Applications
- Food and Drink
- Medical Treatment
- Transport
- Other
Cold Gel Packs Market Regional Analysis
North America, dominated by the United States, is the market leader, followed by Europe. The fact that the Cold Gel packs market has a large number of local companies is one of the major factors driving its growth in this region. These are the factors that are expected to drive the growth of the North American region in the Cold Gel packs Market during the forecast period 2022-2027.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Cold Gel Packs Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 5.8% during the review period (2022 to 2027).
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By Types
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By Application
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- Food and Drink
- Medical Treatment
- Transport
- Others
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By Companies
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Insulated Products Corp, Hill Country Mfg, Shanghai Broadway Packaging & Insulation Materials Co Ltd, ColdStar International, Axizz LLC, ThermaFreeze Products, Pelton Shepherd Industries, Polar Products Inc, Cold Chain Technologies, Nortech Laboratories, Accurate Manufacturing
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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104
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Cold Gel Packs Report
- Evaluate Cold Gel Packs market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Cold Gel Packs market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Cold Gel Packs market.
Frequently Asked Questions
What is the study period of this market?
The Cold Gel Packs Market is studied from 2017 - 2027.
What is the growth rate of Cold Gel Packs Market?
The Cold Gel Packs Market is growing at a CAGR of 5.8% over the next 5 years.
Who are the leading key players in Cold Gel Packs Market?
Insulated Products Corp, Hill Country Mfg, Shanghai Broadway Packaging & Insulation Materials Co Ltd, ColdStar International, Axizz LLC, ThermaFreeze Products, Pelton Shepherd Industries, Polar Products Inc, Cold Chain Technologies, Nortech Laboratories, Accurate Manufacturing
What regions does this Cold Gel Packs Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Cold Gel Packs Market?
One Time, Reusable
What are the significant applications of Cold Gel Packs Market?
Food and Drink, Medical Treatment, Transport, Other
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
