Global Cold Chain Packaging Market Outlook, Opportunities And Strategies – Includes Cold Chain Packaging Market Size
Learn about the global cold chain packaging market through The Business Research Company, which provides information on cold chain packaging market size, cold chain packaging market drivers and restraints, cold chain packaging market players, the COVID-19 impact on the cold chain packaging market, and more.
The global cold chain packaging market is expected to grow from $21.73 billion in 2021 to $24.54 billion in 2022 at a compound annual growth rate (CAGR) of 12.94%. The global cold chain packaging market size is expected to reach $39.89 billion in 2026 at a CAGR of 12.92%.
Rapid urbanization is expected to propel the growth of the cold chain packaging market.
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The cold chain packaging market consists of sales of cold chain packaging products by entities (organizations, sole traders, and partnerships) that are used to maintain the temperatures of sensitive products. Cold chain packaging is a packaging system designed to maintain temperature-sensitive payloads at the correct temperature, like cold, warm, frozen, and others. The three basic types of cold chain packaging systems available are active, passive, and hybrid.
Global cold chain packaging market segments include:
By Product: Crates, Insulated Container and Boxes, Cold Packs, Label, Temperature Controlled Pallet Shippers
By Application: Fruits and Vegetables, Fruit and Pulp Concentrates, Dairy Products, Fish, Meat and Seafood, Processed Food, Pharmaceuticals, Bakery and Confectionaries
By Material Type: Expanded Polystyrene (EPS), Vacuum Insulated Panel (VIP) Solutions, Polyurethane (PUR)
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global cold chain packaging market in 2021
The increasing focus on sustainable cold chain packaging is a key trend gaining popularity in the cold chain packaging market. Companies have invested in CO2-efficient transport methods but are losing about 20% because of inefficient cooling methods that are not fully sustainable. Major cold chain packaging companies are investing in reusable, multi-use, materials-based temperature-controlled packaging solutions. Sustainable packaging products are cheap in the long term because they can be reused and offer environment-friendly options with fewer CO2 emissions, which is beneficial with governments setting regulations to reduce carbon emissions.
Major Market Players: old Chain Technologies, Cryopak Industries Inc., Sofrigam Company, CCL Industries, Sealed Air Corporation, Sonoco Thermosafe, Intelsius (A DGP Company), DGP Intelsius LLC, Softbox Systems, Pelican Products Inc., Creopack, and Cascades Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Cold Chain Packaging Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides cold chain packaging market overviews, analyzes and forecasts market size, share, cold chain packaging market players, cold chain packaging market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s cold chain packaging market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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