Global Cold Chain Packaging Market, By Product (Refrigerants, Insulated Containers, Temperature Monitoring), Application (Food, Dairy, Pharmaceutical), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Cold Chain Packaging Market
Cold chain packaging market will grow at a rate of 18.25% for the forecast period of 2021 to 2028. Rise in the stringent regulations such as the effective implementation of the food safety modernization act towards the requirement of a cold storage warehouse to preserve food acts as an essential factor driving the cold chain packaging market.
Cold chain packaging is widely used in providing efficient refrigeration to beverages, food, pharmaceuticals during the time of transportation, preservation, and distribution. Cold chain packaging systems are defined as the packaging systems that are designed to maintain temperature sensitive payloads at the correct temperature.
Rise in the demand for packaging solutions from the global food processing industry is the major factor escalating the market growth, also continuous change in the lifestyle of people, rise in the population, increase in the rapid urbanization in emerging economies such as China, India, and Mexico, rise in the retail sector in some parts of the world and rise in the demand for reusable insulated containers across various applications, such as food processing, fruits, and vegetables are the major factors among others propelling the growth of cold chain packaging market. Moreover, rise in the research and development activities and rise in the demand from emerging economies will further create new opportunities for the cold chain packaging market in the in the forecast period of 2021- 2028.
However, rise in the cost of raw material is the major factor among others restraining the market growth, and will further challenge the growth of cold chain packaging market.
This cold chain packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on cold chain packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Cold Chain Packaging Market Scope and Market Size
Cold chain packaging market is segmented on the basis of product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the cold chain packaging market is segmented into refrigerants, insulated containers and temperature monitoring.
- The cold chain packaging market is also segmented on the basis of application into food, dairy and pharmaceutical.
Cold Chain Packaging Market Country Level Analysis
Cold chain packaging market is analysed and market size, volume information is provided by product and application as referenced above.
The countries covered in the cold chain packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates cold chain packaging market due to rise in the presence of a large number of major industry participants, continuous change in the lifestyle of people, rise in the population and increase in the rapid urbanization in this region. Asia-Pacific is the expected region in terms of growth in cold chain packaging market due to growing geriatric population and increase in the demand for packaging solutions in this region.
The country section of the cold chain packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cold Chain Packaging Market Share Analysis
Cold chain packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cold chain packaging market.
The major players covered in the cold chain packaging market report are Cold Chain Technologies, LLC, Cascades inc, Cryopak A TCP Company, Emballages Cre-O-Pack Int, Intelsius, Pelican Products, Inc, Sofrigam, va Q tec AG Sonoco ThermoSafe and Softbox among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-