Global Isothermal Packaging Market Growth 2019-2024

Isothermal packaging is an innovative insulated packaging used for the transportation of goods at controlled temperatures. It finds extensive application in the food and pharmaceutical industries as it efficiently preserves the products from thermal and physical shocks. Most pathogens cannot survive at sub-zero temperatures.

Therefore, freezing food reduces the chances of microbes invading it. Isothermal packaging is a packaging solution for frozen food and protects the products for long periods, keeping it fit for consumption as per the convenience of the consumer.

The growing population and change in the taste and preferences of the consumers have led to the increase in the demand for frozen food. As most pathogens cannot survive at sub-zero temperatures, freezing food reduces the chances of microbes invading it. Therefore, frozen food can be stored in isothermal packaging for long periods of time and remains fit to be consumed at the convenience of the user.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

According to this study, over the next five years the Isothermal Packaging market will register a 5.2% CAGR in terms of revenue, the global market size will reach US$ 5760 million by 2024, from US$ 4250 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Isothermal Packaging business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Isothermal Packaging market by product type, application, key manufacturers and key regions and countries.

This study considers the Isothermal Packaging value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Bubble
Composite Materials
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pharmaceutical
Food
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Softbox
Marko Foam Products
Tempack
American Aerogel Corporation
Polar Tech
InsulTote
Insulated Products Corporation
Cryopak
Exeltainer
Woolcool
Providence Packaging
Aircontainer Package System
JB Packaging

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Isothermal Packaging consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Isothermal Packaging market by identifying its various subsegments.
Focuses on the key global Isothermal Packaging manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Isothermal Packaging with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Isothermal Packaging submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.