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PUR Shippers Market

Market Insights on PUR Shippers covering sales outlook, demand forecast & up-to-date key trends

PUR Shippers Market By Polymeric Composition, Product Type, End-User & Region - Forecast 2022 – 2032

PUR Shippers Market Snapshot

The global PUR shippers market size is expected to reach US$ 9.3 Billion in 2022 and US$ 15.7 Billion in 2032. It is likely to exhibit growth at a CAGR of 6.2% in the forecast period from 2022 to 2032. The surging demand for temperature-controlled packaging solutions in various parts of the globe is set to bolster the sales of PUR shippers in the future years.

Report Attribute

Details

PUR Shippers Market Estimated Base Year Value (2021)

US$ 8.4 Billion

PUR Shippers Market Expected Market Value (2022)

US$ 9.3 Billion

PUR Shippers Market Anticipated Forecast Value (2032)

US$ 15.7 Billion

PUR Shippers Market Projected Growth Rate (2022-2032)

6.2% CAGR

Polyurethane (PUR) shippers are referred to as shipping coolers that can provide protection from the bruises and bumps of the road, as well as deliver greater insulating power. Commonly known as cold shipping boxes, PUR shippers are capable of protecting temperature-sensitive products during delivery and transportation.

The emergence of Expanded Polystyrene (EPS) shippers that can provide safety without leaching harmful chemicals during disposal or usage is a major factor that is likely to bode well for the global market. As compared to an equivalent-thickness EPS container, PUR shippers offer greater insulating power.

PUR is stable and more consistent than other materials, which helps in lowering the risk of excursions and product failures. The physical properties of PUR are ideal for heavy payloads under the closed distribution loop program. It also helps in protecting various products from extreme environmental conditions and transit shock.

Which are Some Prominent Drivers Spearheading PUR Shippers Market Growth

The increasing usage of smartphones and the internet is expected to drive the e-commerce industry worldwide. High technological awareness among customers is anticipated to influence the demand for PUR shippers in the forthcoming years. The ongoing development of 4G and 5G technology owing to the importance of faster browsing is another crucial factor that is set to augur well for the global market.

Besides, the rapid development of new PUR shippers by reputed companies that are equipped with temperature sensors and can instantly detect if the container was opened during transportation, is set to propel the growth in this market. The urgent need to improve the handling of temperature-sensitive products is also expected to augment the growth.

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What are the Challenges Faced by the PUR Shippers Industry

The high cost of temperature-controlled packaging solutions is a major concern for small-scale manufacturers. In developing countries, many emerging pharmaceutical companies may not afford these costly shippers for the transportation of crucial drugs and other related products. Spurred by the aforementioned factors, the PUR shippers market growth may be hampered in the evaluation period.

Why is North America Emerging as an Opportunistic PUR Shippers Market

North America is projected to remain at the forefront in terms of the PUR shippers market share in the assessment period. The presence of a well-established pharmaceutical industry in the U.S. is estimated to accelerate the growth in the regional market.

The entry of multiple large- and small-scale PUR shipper manufacturers in Canada is another vital factor that is likely to spur the North America market. In addition to that, the rising demand for reusable packaging solutions for reducing the carbon footprint is expected to drive the growth.

Ismail Sutaria
Principal Consultant
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How is Asia Pacific Contributing to Growth of the PUR Shippers Market

Asia Pacific is anticipated to remain in the second position after North America in future years. This growth is attributable to the ongoing development of the e-commerce sector in emerging economies, such as China and India. The high disposable income of people is one of the significant factors that is contributing to the growth of this sector.

The demand for PUR shippers is likely to surge at a steady pace across Asia Pacific backed by the increasing need for sturdy packaging solutions. Many companies based in Japan and South Korea are also aiming to develop reformulated versions of conventional PUR shippers that are lightweight and provide superior insulation.

Market Competition

Some of the leading companies present in the global PUR shippers market include American Aerogel Corporation, Sonoco Products Co., Topa Thermal Packaging BV, Sintex Plastics Technology Limited, Jarden Life Sciences, Cryopak Industries Inc., Tempack Packaging Solutions, S.L., Cold Chain Technologies, Inc., Chill-Pak, Sofrigam SA, Pelican BioThermal LLC, ACH Foam Technologies, and Mesa Laboratories, Inc. among others.

Majority of the leading players operating in the global market are increasingly focusing on mergers and acquisitions with start-up companies and local firms to co-develop new products and cater to the surging demand from various end-use industries. Meanwhile, a few other key players are engaging in partnerships and new product launches to expand their existing portfolios and gain a competitive advantage in the global market.

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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 6.2% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Application
  • Capacity
  • End Use
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • American Aerogel Corporation
  • Sonoco Products Co.
  • Topa Thermal Packaging BV
  • Sintex Plastics Technology Limited
  • Jarden Life Sciences
  • Cryopak Industries Inc.
  • Tempack Packaging Solutions, S.L.
  • Cold Chain Technologies, Inc.
  • Chill-Pak
  • Sofrigam SA
  • Pelican BioThermal LLC
  • ACH Foam Technologies
  • Mesa Laboratories, Inc.

Customization

Available Upon Request

Key Segments Profiled in the PUR Shippers Industry Survey

By Application:

  • Frozen
  • Ambient
  • Chilled

By Capacity:

  • Less than 5 Liters
  • 5 Liters to 10 Liters
  • 10 Liters to 15 Liters
  • 15 Liters & Above

By End Use:

  • Pharmaceutical & Healthcare
  • Clinical Samples
  • Serum
  • Blood
  • Chemicals & Agro Chemical
  • Food & Beverage
  • Industrial
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

The global PUR shippers market is anticipated to surpass US$ 15.7 Billion in 2032.

North America is set to lead the PUR shippers market in the forecast period.

American Aerogel Corporation, Sonoco Products Co., Topa Thermal Packaging BV, Sintex Plastics Technology Limited, and Jarden Life Sciences are some of the renowned companies in the PUR shippers market.

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Ismail Sutaria
Principal Consultant
LinkedIn
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