Durable Insulated Containers Market: An Overview
Durable insulated containers are one of the most effective insulated packaging and shipping solutions to preserve the quality of temperature sensitive and perishable products. Manufactured from high-quality raw materials such as polypropylene, polyurethane, polyvinyl chloride, nylon and others, durable insulated containers are proven to maintained internal payload temperature for long periods. Durable insulated containers are light-weight, and cost-effective which offers efficient thermal protection for almost any temperature-sensitive shipping application, even under extreme weather conditions. Durable insulated containers are designed to maintain the cold chain. Thus they are widely used for packaging and shipping of products such as food & beverages, healthcare & pharmaceuticals, specialty chemicals, and others. Durable insulated containers are available in many popular sizes can be held in an outer corrugated box for further protection and optimal performance for the shipment of temperature-sensitive products. Overall, the global outlook for durable insulated containers market is likely to remain optimistic during the forecast period.
Durable Insulated Containers Market: Dynamics
Globally increasing cross border trade has significantly driven the demand for perishable food products over the last five years. This can be prominently attributed to rising efficiency of reefer containers leading to increase in sea freight, in turn, reducing costs. However, once the products arrive at the coastline, a prominent share of further distribution takes place through chest and upright insulated containers. Durable insulated containers are proven to keep the temperature between 2° C and 8° C and are precisely designed for refrigerated capillary supply. Also consumers’ shift towards seafood as a source of protein and increased demand for exotic fish species which ultimately driving imports, and influencing cold chain logistics providers to incorporate durable insulated containers for effective transportation. These factors are foreseen to drive the demand for global durable insulated containers market during the forecast period. Research and development activities are an integral part of the manufacturing process in pharmaceuticals and biotech industries. This is reflected via continuous annual increase in R&D spending for the development of novel therapies alongside various pharmaceutical products. New drug development and increasing clinical trials catapult demand for isothermal packaging solutions, which is expected to drive the growth of global durable insulated containers market during the forecast period. Also increasing the use of durable insulated containers for the packaging and shipping of specialty chemicals are likely to fuel the demand for durable insulated containers market in coming years. Thus, the global durable insulated containers market is likely to witness notable growth prospects during the forecast period.
Durable Insulated Containers Market: Regional Outlook
The North America region is expected to be at the forefront in terms of durable insulated containers market share during the forecast period. Growing cold chain logistics industry in this region is a key factor driving the growth of durable insulated containers market. The U.S. is anticipated to remain highly attractive regarding market share, while Canada is expected to highly attractive regarding the growth rate of durable insulated containers market. The Europe region is expected to follow the North America region in terms of market size and projected to register a notable growth rate of durable insulated containers market throughout the forecast period. Germany is estimated to be the most attractive market in the European region, accounting significant durable insulated containers market share. The high growth of end-user industries and increasing cross border trade of perishable goods in the East & South Asia region is likely to create demand for durable insulated containers during the forecast period. China in East Asia while India in South Asia is expected to remain at forefront regarding market share & growth rate of durable insulated containers market during the forecast period.
Durable Insulated Containers Market: Key Players
Some of the key players operating in the global durable insulated containers market are listed below:
- Cold Chain Technologies
- Polar Thermal Packaging Ltd.
- Cryopak A TCP Company
- Sonoco Product Company (ThermoSafe)
- SAEPLAST AMERICAS INC.
- Snyder Industries, Inc.
- Alps Synergy Sdn Bhd.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Regional Analysis Includes-
- North America
- Latin America
- Middle East & Africa (MEA)
- South Asia
- East Asia
Durable Insulated Containers Market: Segmentation
On the basis of material type, the durable insulated containers market is segmented into:
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
- Polystyrene (PS)
- Polyurethane (PU)
On the basis of size, the durable insulated containers market is segmented into:
- Up to 20 Litre
- 21 to 50 Litre
- 51-100 Litre
- 101-200 Litre
- Above 200 Litre
On the basis of end use, the durable insulated containers market is segmented into:
- Meat, Poultry & Seafood
- Dairy Products
- Healthcare & Pharmaceuticals
- Biological Product
- Specialty Chemicals
Durable Insulated Containers Market Reports Highlights:
- A detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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