Packaging / Thermal Insulated Packaging For Food Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Visy Industries, Orora Packaging Solutions, Wilpak Group, ABBE Corrugated
Thermal Insulated Packaging for Food Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Visy Industries, Orora Packaging Solutions, Wilpak Group, ABBE Corrugated
Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Thermal Insulated Packaging for Food Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.2% during the review period (2022 to 2027).
Thermal Insulated Packaging for Food Market Overview
The thermal insulated packaging market is expected to be worth USD 21.95 billion by 2027, growing at a CAGR of 5.2% from 2022 to 2027. The market was valued at USD 12.18 billion in 2021.
The thermal insulated packaging market is continuously expanding as people's disposable income and living standards rise. The global commerce of perishable and frozen goods has increased dramatically, resulting in increased need for insulated packaging materials.
Thermal insulation packaging is extremely useful for biopharma industry to preserve the quality of the products. Thermal insulation packaging has been highly effective to reduce losses and ensures optimum freshness for food industry. The food packaging industry is witnessing significant growth, owing to the increasing demand for packaged food and ready-to-eat food consumption. Moreover, the increasing trend of online food ordering and online grocery shopping is giving rise to the need for shipment and storage of perishables in a thermally controlled environment. Protection, preservation, maintaining, and extending the shelf-life of food products are the primary challenges faced in the food industry. As the food products are prone to deteriorate over the period, which affects their flavor, taste, texture, and color, choosing the right packaging products is necessary.
Recent Development:
April 2020 - Cryopak announced its next entry into an expanding line of ecologically-friendly shipping solutions with Solversa. Solversa is a 100% sustainable and recyclable product line that is made from post-consumer recycled PET or cotton fibers. It is designed to replace EPS products, foam, and other insulators. The Solversa line of products is appropriate for food & beverage delivery, pharmaceuticals, clinical studies/trials, and any other industry where products require temperature control.
March 2020 - DS Smith worked closely with food retailers across Europe to design, develop, and produce new boxes designed to supply emergency provision boxes to the most vulnerable. As the focus quickly turned to home delivery to move goods directly to the front door of those who aren’t able to make it to the shops, DS Smith developed special new boxes to be filled by food retailers and left on the doorstep.
What are the major Applications, Types and Regions for Thermal Insulated Packaging for Food Market?
Thermal Insulated Packaging for Food Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
PUR Thermal Insulated Packaging
Metallised Thermal Insulated Packaging
EPS Thermal Insulated Packaging
Others
By Application it is segmented into
Meal Kits
Seafood
Others (Beverages, etc.)
Thermal Insulated Packaging for Food Market Regional Analysis
United States is predictable to dominate the thermal insulated packaging market due to the increasing number of food retail chains and their expansion, and the growing e-commerce industry. Considering the spike in e-commerce, the insulated packaging is expected to see strong sales with smaller e-commerce and food delivery formats across meal kits and other perishable food items.
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
The Thermal Insulated Packaging for Food Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Thermal Insulated Packaging for Food Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Thermal Insulated Packaging for Food Market report scope?
Report Attributes
Report Details
Report Title
Thermal Insulated Packaging for Food Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Visy Industries, Orora Packaging Solutions, Wilpak Group, ABBE Corrugated
Forecast Period 2022 to 2028 CAGR
CAGR of 5.2% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Thermal Insulated Packaging for Food Report
Evaluate Thermal Insulated Packaging for Food 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 Thermal Insulated Packaging for Food 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.
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.
Frequently Asked Questions
What is the study period of this market?
The Thermal Insulated Packaging for Food Market is studied from 2017 - 2027.
What is the growth rate of Thermal Insulated Packaging for Food Market?
The Thermal Insulated Packaging for Food Market is growing at a CAGR of 5.3% over the next 5 years.
Who are the key players in Thermal Insulated Packaging for Food Market?
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.
