Report Format:
Type: On-Demand Research
| ID: PAC289
| Publishing Soon
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US$2,945 |
Changing consumer buying behavior due to rising health & wellness awareness is influencing major brands operating across food & beverages, pharmaceuticals, and other industries to keep track of fast paced technological advancements and innovations happening in the packaging industry. End user companies especially operating in food & beverages and pharmaceutical industries are increasingly inclined towards embracing sustainable, eco-friendly and health-oriented packaging solutions. This allows them to maintain product quality and enhance shelf life, thereby attracting health-conscious customers. Further, development of innovative insulated packaging products made of recycled and recyclable materials including jute is projected to increase the adoption of such packaging products in near future. Such major factors are anticipated to drive the growth of the global insulated packaging market worldwide.
Rising disposable income and preference products packed with a safe and environment-friendly solution in both developed and developing regions is fuelling the growth of the global insulated packaging market. Further, widening application area of insulated packaging products in the chemicals sector owing to the growing focus of producers to handle hazardous bulk chemicals with care is driving the market growth across the globe. Additionally, increasing demand for packed and frozen food items is projected to fuel the global insulated packaging market growth during the forecast period. However, fluctuations in raw material prices and stringent government regulations are hampering the adoption of insulated packaging products to some extent. This is anticipated to impede the global insulated packaging market size & growth performance.
Various major segments included in the global insulated packaging market are packaging material, packaging products, type, industry verticals, end users, and region. By packaging material, the market is classified into corrugated cardboards, plastic, glass, wood, and other materials. Based on packaging product, the global insulated packaging market has been segmented into bags & pouches, wraps, boxes & containers, and others. The type segment includes rigid packaging, semi-rigid packaging, and flexible packaging sub-segments. Key industry vertical covered in the global insulated packaging market study are food & beverages, manufacturing, cosmetic & personal care, pharmaceutical, and others. The market has been bifurcated based on end user segment into large enterprises, and small & mid enterprises. Prominent regions studied in the global insulated packaging industry report are North America, Latin America, Asia Pacific, Western Europe, Eastern Europe, and Middle East & Africa.
Few of the leading players identified in the global insulated packaging market are Amcor Limited, Deutsche Post DHL, Sonoco Products Company, E.I. Du Pont De Nemours and Co., Constantia Flexibles, Greiner Group, Sofrigam, Huhtamaki OYJ, Innovia Films, and Winpak. Key vendors in the market are investing time and money on research and development activities to enhance their capabilities to produce environmentally packaging materials and products to meet government regulations. Further, mergers, acquisitions, and strategic partnerships are other major strategies adopted by prominent players present in the global insulated packaging market.
This research report on insulated packaging mxarket would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.