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Insulated Packaging Market Report by Packaging Type (Boxes and Containers, Bags and Pouches, Wraps, and Others), Material Type (Corrugated Cardboards, Metal, Glass, Plastic, and Others), Packaging Form (Rigid, Flexible, Semi-rigid), Application (Cosmetic, Pharmaceutical, Food and Beverages, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A4435
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Market Overview:
The global insulated packaging market size reached US$ 14.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 23.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032.
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Report Attribute
|
Key Statistics
|
|---|---|
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Base Year
|
2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 14.4 Billion |
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Market Forecast in 2032
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US$ 23.0 Billion |
| Market Growth Rate (2024-2032) | 5.2% |
Insulated packaging refers to the packaging solutions used for storing and transporting temperature-sensitive products. It is used for maintaining the desired temperature and keeping the contents refrigerated, frozen and warm. Insulated packaging is commonly available in the form of flexible sheets, pre-formed shapes, boxes, bags, flexible blankets and rigid boards. They are manufactured using expanded polystyrene foam (EPS), polyurethane foam, insulating cement, expanded silica, radiant barrier films and mineral fibers. The packaging provides high resistance to heat transfer, enhanced durability, mechanical strength and low moisture susceptibility. As a result, they are widely used for products, such as cosmetics, seafood, ice creams, meats, alcohols, fresh herbs and gourmet foods.
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Insulated Packaging Market Trends:
Significant growth in the e-commerce industry across the globe is one of the key factors creating a positive outlook for the market. Insulated packaging is widely used for protecting perishable goods from damage caused by temperature variations during storage and transportation. Moreover, the widespread adoption of insulated packaging solutions for delivering food and beverages with no wastage and spillage is providing a thrust to the market growth. With the changing lifestyles and dietary patterns, there is a shifting consumer preference toward processed and packaged ready-to-eat food products. Insulated packaging aids in maintaining a stable temperature and keeping the food fresh and fit for consumption. Additionally, various product innovations, such as the development of recycled and recyclable environment-friendly packaging products, are acting as other growth-inducing factors. Product manufacturers are also offering customizable and personalized insulated packaging solutions for improved branding services, which is also favoring the market growth. Other factors, including the increasing demand for insulated packaging to store vaccines, blood samples and medicines, along with the adoption of omnichannel distribution strategies by organizations for their products, are anticipated to drive the market toward growth.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global insulated packaging market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on packaging type, material type, packaging form, and application.
Breakup by Packaging Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Boxes and Containers
- Bags and Pouches
- Wraps
- Others
Breakup by Material Type:
- Corrugated Cardboards
- Metal
- Glass
- Plastic
- Others
Breakup by Packaging Form:
- Rigid
- Flexible
- Semi-rigid
Breakup by Application:
- Cosmetic
- Pharmaceutical
- Food and Beverages
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amcor plc, Cold Ice Inc., Cryopak (Integreon Global), Deutsche Post AG, Drew Foam of Georgia, DS Smith plc, DuPont de Nemours Inc., Huhtamäki Oyj, Innovative Energy Inc., Marko Foam Products Inc., Sonoco Products Company, The Wool Packaging Company Limited and TP Solutions.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Packaging Type, Material Type, Packaging Form, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Amcor plc, Cold Ice Inc., Cryopak (Integreon Global), Deutsche Post AG, Drew Foam of Georgia, DS Smith plc, DuPont de Nemours Inc., Huhtamäki Oyj, Innovative Energy Inc., Marko Foam Products Inc., Sonoco Products Company, The Wool Packaging Company Limited and TP Solutions |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global insulated packaging market was valued at US$ 14.4 Billion in 2023.
We expect the global insulated packaging market to exhibit a CAGR of 5.2% during 2024-2032.
The rising demand for insulated packaging solutions for products, such as cosmetics, seafood, ice alcohols, etc., as they offer high resistance to heat transfer, enhanced durability, and low moisture susceptibility, is primarily driving the global insulated packaging market.
The sudden outbreak of the COVID-19 pandemic has led to the growing demand for insulated packaging solutions to store temperature-sensitive drugs and vaccines for the coronavirus infection.
Based on the packaging type, the global insulated packaging market has been segmented into boxes and containers, bags and pouches, wraps, and others, where boxes and containers currently hold the majority of the total market share.
Based on the material type, the global insulated packaging market can be bifurcated into corrugated cardboards, metal, glass, plastic, and others. Currently, plastic exhibits a clear dominance in the market.
Based on the packaging form, the global insulated packaging market has been divided into rigid, flexible, and semi-rigid. Among these, flexible currently accounts for the largest market share.
Based on the application, the global insulated packaging market can be segregated into cosmetic, pharmaceutical, food and beverages, and others. Currently, food and beverages exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global insulated packaging market include Amcor plc, Cold Ice Inc., Cryopak (Integreon Global), Deutsche Post AG, Drew Foam of Georgia, DS Smith plc, DuPont de Nemours Inc., Huhtamäki Oyj, Innovative Energy Inc., Marko Foam Products Inc., Sonoco Products Company, The Wool Packaging Company Limited, and TP Solutions.
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