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Reusable Icepacks Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: 3M, Accurate Manufacturing, Inc., Arctic Ice LLC, Cardinal Health Inc.

29 Mar, 2022 | 104 Pages
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Registering a CAGR of 8.9% over the forecast period of 2022-2027, the global Reusable Icepacks Market is anticipated to reach the market value of US$ 1381.7 MN in 2027.



Reusable Icepacks Market Overview



Reusable icepacks are complete up of HDPE (high-density polyethylene), cross-linked polyacrylate, polyalcohol co-polymer refrigerant, and other polymers. The bag that stores the reusable gel is made up of polyethylene. These icepacks are used widely in the medical & healthcare, chemicals, and food & beverage industries. The icepacks suggest a temperature-controlled environment to maintain the properties, hygiene, and nature of products stored irrespective of the external environmental conditions. These icepacks also back in the transportation of chemicals, food & beverage products over long distances. Water used in the form of ice has a greater tendency to spoil the products and reusable icepacks are water-free. Reusable icepacks are durable, hydrate quickly can be in the frozen state for a longer period of time, and are non-toxic. These are some of the factors augmenting the development of the reusable icepacks market, globally.



In the packaging of medical and food products, moisture control is the main concern, and thermoform plastic acts as barrier films to bring the product in good condition. Thin walling used in various packaging applications has been an additional development factor for the market.Growing demand for reusable ice packs in healthcare and pharmaceuticals industry is mainly driving the global market. Sports athletes including professional bodybuilders, marathon runners and fitness professionals extensively use reusable ice packs for homeostasis of body temperature during their resting and recovery period. This aids their body to recover faster and avoid any possibility of tissue damages during their training. Furthermore, these ice packs are also used for veterinary applications especially for comforting post-operative and sick animals. In addition, refrigeration plays a vital role in food and beverages preservation and transportation.



Who are the Major Players in Reusable Icepacks Market?



The Reusable Icepacks 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, the prices they charge. These are the main players in this market includes 3M Company (NYSE:MMM), Accurate Manufacturing, Inc., Arctic Ice LLC, Cardinal Health Inc.(NYSE:CAH), Merck KGaA, Cold Chain Technologies, Cryopak, King Brand Healthcare Products Ltd., Techni Ice, LloydsPharmacy, SEA Olympus Marketing Inc, Microban Products Company



Recent Developments:



In 2018, Kinetec launched the Dr.Aktive Cold Compression Therapy products that offer combined cryotherapy and compression at affordable prices. The product range includes various packs that can be used for pain management in post-op, strains, etc., at the ankles, ankles, shoulder, and wrist. Such product launches are expected to impact market growth over the course of the forecast period positively.



What are the major Applications, Types and Regions for Reusable Icepacks Market?



Reusable Icepacks Market is segmented based on the type, applications, companies and regions.



By Type, it is segmented into




  •     Dry Ice Bag

  •     Gel Bag

  •     Other



By Applications it is segmented into




  •     Food & Beverage

  •     Medical & Healthcare

  •     Chemicals

  •     Other



Reusable Icepacks Market Regional Analysis



North America witnesses a foremost position in the market as USA followed by Europe. The main driving factors which have driven the development of the reusable ice packs market in this region is that the industry has extensive number of local players. Asia-Pacific has important share in the reusable ice packs market as the manufacturing cost of the product is low and multiple players are supplying the product worldwide.




  • North America


    • US

    • Canada



  • 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 Reusable Icepacks Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 8.9% during the review period (2022 to 2027).



By Type




  •    Dry Ice Bag

  •     Gel Bag

  •     Other



      



By Application




  •     Food & Beverage

  •     Medical & Healthcare

  •     Chemicals

  •     Other



 



By Companies



3M Company (NYSE:MMM), Accurate Manufacturing, Inc., Arctic Ice LLC, Cardinal Health Inc.(NYSE:CAH), Merck KGaA, Cold Chain Technologies, Cryopak, King Brand Healthcare Products Ltd., Techni Ice, LloydsPharmacy, SEA Olympus Marketing Inc, Microban Products Company



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • 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



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



104



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Reusable Icepacks Report




  • Evaluate Reusable Icepacks 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.

  • 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 Reusable Icepacks 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.



Frequently Asked Questions



What is the study period of this market?



The Reusable Icepacks Market is studied from 2017 - 2027.



What is the growth rate of Reusable Icepacks Market?



The Reusable Icepacks Market is growing at a CAGR of 8.9% over the next 5 years.



Who are the leading key players in Reusable Icepacks Market?



Danaher Corporation (NYSE:DHR), Institut Straumann, Dentsply International, Sirona Dental Systems, A-Dec, Align Technology, Planmeca Oy and Others.



What regions regions does this Reusable Icepacks 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 Reusable Icepacks Market?



Dry Ice Bag, Gel Bag, Other



What are the significant Applications of Reusable Icepacks Market?



Food & Beverage, Medical & Healthcare, Chemicals, 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.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL REUSABLE ICEPACKS MARKET BY TYPES

    3. GLOBAL REUSABLE ICEPACKS MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR REUSABLE ICEPACKS



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. REUSABLE ICEPACKS GROWTH

      2. APPLICATION OF REUSABLE ICEPACKS



    4. IMPACT OF COVID 19



  5. GLOBAL REUSABLE ICEPACKS, BY TYPES

    1. INTRODUCTION

    2. DRY ICE BAG

    3. GEL BAG

    4. OTHER



  6. GLOBAL REUSABLE ICEPACKS, BY APPLICATION

    1. INTRODUCTION

    2. FOOD & BEVERAGE

    3. MEDICAL & HEALTHCARE

    4. CHEMICALS

    5. OTHER



  7. GLOBAL REUSABLE ICEPACKS, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1.  3M

      2.  ACCURATE MANUFACTURING

      3.  INC.

      4.  ARCTIC ICE LLC

      5.  CARDINAL HEALTH INC.

      6.  MERCK KGAA

      7.  COLD CHAIN TECHNOLOGIES

      8.  CRYOPAK

      9.  KING BRAND HEALTHCARE PRODUCTS LTD.

      10.  TECHNI ICE

      11.  LLOYDSPHARMACY

      12.  SEA OLYMPUS MARKETING INC

      13.  MICROBAN PRODUCTS COMPANY





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.

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