Insulated Packaging Market is anticipated to grow at a CAGR of 4.7% during the forecast period. The key factors that drive the growth of the global insulated packaging market include the requirement for proper packaging of the product. Such advanced packaging technologies bring together a vast range of techniques and materials with two basic objectives: to protect the product and to display items for sale. According to the FAO report 2019, a majority of agricultural products are destroyed due to the absence of packaging. The causes of this loss are bad weather, physical, chemical, microbiological deterioration, and lack of desired packaging infrastructure. This increases the demand for insulated packaging and hence drives the market growth.

Insulated packaging offers resistance to the heat that transfers from one object to another with two different temperatures having low thermal conductivity. During transportation, thermal fluctuations of the temperature-sensitive products may deteriorate the quality of the product. To contain this, major companies are using insulated packaging, as it protects the product as well as maintain its specifications. Such properties offered by the insulated packaging encourage its adoption as well as aids in the growth of the global insulated packaging market over the forecast period. However, factors such as low awareness and low reach amongst the peoples may challenge the market growth over the forecast period. In addition, the higher cost of shipping smaller lots and the restricted number of destinations and temperature ranges available also acts as a barrier to the growth of the market over the forecast period.

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Insulated Packaging Market Segmentation

 By Material

Corrugated Cardboard
Plastics
Glass
Others

By Product Type

Rigid
Semi-Rigid
Flexible 

By Application

Food & Beverages
Pharmaceuticals
Cosmetics & Personal Care
Others

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Regional Analysis           

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Airlite Plastics Co.
Amcor Plc
American Aerogel
Cold Chain Technologies Inc.
Cold Ice Inc.
Cryopak, a TCP Company
Drew Foam of Georgia
Deutsche Post DHL
DS Smith PLC
Exeltainer
Huhtamaki Group Oyj
Innovative Energy Inc.
Insulated Products Corp.
Kite Packaging Ltd.
Marko Foam Products, Inc.
Nippon Paper Industries Co. Ltd.
Polar Tech Industries Inc.
SmartCAE Stefan Braun
Sonoco Products Co.
Suzhou Star New Material Co., Ltd.
Tempack (Temperature Packaging Solutions)
Temperpack Technologies, Inc.
TP Solutions

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