Published on : Jul 10, 2018
Albany, New York, July 10, 2018: An insightful study, titled “Isothermal Bags & Containers Market - Global Industry, Size, Share, Growth, Trends and Forecast 2018 – 2026” has been freshly broadcasted to the wide repository of Market Research Hub (MRH), which is an in-depth analysis on isothermal bags and containers market on a global as well as regional level. The study further offers key insights for analyzing the global market current status, past trends and provides forecast from 2018 to 2026. For its readers, the study shares historical 2012-2017 and projected data related to market size and volume analysis of global isothermal bags and containers market.
The growing demand for isothermal bags and containers has been driven by a number of factors, by which the market has been increasing steadily. One of the major factors includes growing pharmaceutical and food industries across the globe. Apart from that, capability of keeping product fresh and maintain cold chain during transit, growing exports and imports between the countries and safe transportation of products has paved the way for isothermal bags & containers market. According to the recent evaluations, the revenue generated from sales of isothermal bags & containers likely to be around US$ 657.6 Mn in 2017 and is projected to increase at a CAGR of 6.0% during the forecast period 2018-2026.
As the research proceeds, the research also includes geographical analysis in order to provide a comprehensive view of the market. The global isothermal bags and containers market is divided into key regions which are North America, Latin America, Japan, Europe, Asia Pacific and Middle East & Africa. As reported, the MEA region is projected to register the highest CAGR of 8.1%, during the forecast period.
The market has been further analyzed on the basis of material type, product type and end-use. By material, the study covers PVC, Polyurethane, Nylon, PET, Polystyrene and Polypropylene. Of these, the polyurethane segment is estimated to dominate the market, with 32.2% share of the market value in 2018. Major end-use segment includes chemicals, pharmaceuticals and food. Among the end use segment, the pharmaceutical segment is anticipated to dominate the market during the forecast period.
To conclude with, the final section of the study presents an exhaustive analysis focusing on the prime players operating in the global isothermal bags & containers market. Few of them include Cold & Co Sprl, Sofrigam SA Ltd., Cryopak Europe, Pelican Biothermal LLC, va-Q-tec AG, ACH Foam Technologies, LLC, Saeplast Americas Inc., Envirotainer Ltd., Tempack Packaging Solutions, S.L., Advanced Products Portugal, Cold Chain Technologies, Sonoco Products Company, American Aerogel Corporation, Inno Cool India Private Limited, Insulated Products Corporation, Exeltainer SL and TKT GmbH among others. It has been also clearly stated that manufacturers are mainly emphasizing on expanding footprint through mergers and acquisitions, which is having a major impact on its market growth.
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