Published on : Jan 16, 2018
Albany, New York, January 15, 2018: As the requirement for packaging temperature-sensitive products increase, manufacturers are focusing on developing technologically advanced packaging solutions. This has led companies to increasingly invest in insulated packaging solutions globally. In the present time, growing need for shipping the pharmaceutical, chemical, biomedical, and food and beverage products globally has led to surge in adoption of the insulated shipping solution. To elaborate further on this rapidly growing market, a study titled “Insulated Shippers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2026” has been broadcasted to the wide archive of Market Research Hub (MRH). This 170-page study provides a detailed insight into key drivers and restraints, notable trends, share and size of various segments, and competitive landscape.
For the benefit of the readers, the report provides a complete perspective on the market’s growth on the basis of revenue in US$ Mn, covering different geographical regions namely Europe, Latin America, APEJ, North America, Japan and MEA. When developing the market forecast, analysts have started by sizing the current market, which forms the basis for forecasting how the market is anticipated to perform in future. As per the key findings, the global insulated shippers market is projected to reflect a CAGR of 9.4% during the forecast period, 2017-2026. Pervasive demand for traditional food and beverage products in various countries is projected to rev up demand for insulated shipping containers during the mentioned forecast period.
Extreme weather conditions such as excessive heat, cold, and humidity can worsen the quality of products packaged for shipping. In this case, insulated shippers are a perfect packaging solution. It has been investigated that transporting the pharmaceutical products has continued to remain a challenging task for leading pharmaceutical companies. During transportation, the pharmaceutical products can be subject to extreme weather variations. Bound to these factors, manufacturers are mainly focusing on offering insulated and temperature-sensitive pharmaceutical products for protective delivery.
As the report proceeds, the global insulated shippers market is segmented as product type, application, end use, and region. On the basis of product type, the global market is segmented as polyurethane (PUR), envelops & panels, vacuum insulated panel (VIP), expanded polystyrene (EPS) and other products. On the other hand, major applications are frozen applications, chilled applications, ambient applications and pharmaceutical. The research further adds that milk products, fried food products, confectionery, pulses and mushroom are a few products that are expected to rev up demand for the insulated shipping products and solutions globally.
The last part of the report comprises the competition landscape, which features important players operating in the global insulated shippers market and contains important information about these companies. Key players include Tempack Packaging Solutions S.L., Cold Chain Technologies Inc., EcoCool GmbH, Snyder Industries, Inc., American Aerogel Corporation, Pelican Biothermal LLC, Sonoco Products Company, Saeplast Americas Inc, Cryopak Industries Inc. and TKT GmbH.
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