Global Insulated Shippers Market is valued at approximately USD 7.2 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10% over the forecast period 2022-2029. Insulated shippers are containers designed to protect temperature-sensitive products from temperature fluctuations during transportation. These containers are used to maintain the desired temperature of the products they carry, which are typically perishable goods such as food, pharmaceuticals, and chemicals. Insulated shippers are made of insulating materials such as expanded polystyrene (EPS) foam, polyurethane foam, or vacuum-insulated panels (VIPs). These materials provide thermal insulation and help to maintain a consistent temperature inside the container. The market demand is primarily driven by the factors such as the increasing demand for temperature-controlled packaging solutions, the surging demand for organic food products and the constantly growing e-commerce platform.
In addition, the rapidly increasing sales of organic food products due to changing lifestyle of consumers and the growing e-commerce sector due to its easy availability of products are acting as major driving factors for market growth. According to Statista, the sales of organic food products increased from USD 120.65 Billion in 2020 to USD 132.74 Billion in 2021 and there were more than 76 million hectares of organic farms around the world in 2021. Similarly, according to the US Department of Commerce's quarterly e-commerce report, households spent USD 601.75 billion online with US merchants in 2019, increasing 14.9% from USD 523.64 billion in the previous year. Hence, these factors are expected to escalate the demand for insulated shippers in the global market. Furthermore, the growing need to preserve edible products due to constantly changing climatic conditions and the increasing demand for insulated shippers in the life science and food industry are presenting lucrative opportunities for market growth over the forthcoming years. However, growing environmental concerns regarding the disposal of materials used by insulated shippers are restricting the market growth over the forecast period of 2022-2029.
The key regions considered for the Global Insulated Shippers Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue due to the increasing usage of insulated shippers in packaging fresh and processed foods. North America is also expected to grow at the highest growth rate over the forecasting period due to the growing number of online stores that require insulated shippers for food packaging. Factors such as the rising demand for temperature-maintained packaging solutions, the increasing demand for insulated shippers in the life science and food industry and the growing demand for organic food products are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
- Sonoco Products Company
- Polar Tech Industries, Inc.
- Sealed Air Corporation
- Sancell Pty Ltd
- The Wool Packaging Company Limited
- CoolPac Pty Ltd
- SOFRIGAM
- Insulated Products Corporation
- Cambro Manufacturing
- TemperPack
Recent Developments in the Market:
- In November 2022, Sonoco Products Company, an international provider of various consumer packaging, industrial products, protective packaging and services, announced the expansion of Sonopost Conerpost manufacturing with the opening of a new facility in Turkey. The new facility is being established in response to the growing demand for the company's proprietary Sonopost technology which provides an environmental friendly way to protect white goods such as dishwashers, dryers, refrigerators and many other items.
Global Insulated Shippers Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Material, Type, End-use, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Material:
- Paper-based
- Wool
- Expanded Polystyrene (EPS)
- Expanded Polypropylene (EPP)
- Polyurethane (PU)
- Metalized Bubble Wrap
- Vacuum Insulated Panel
- Biodegradables
- Others
By Type:
By End-use:
- Home Delivery
- Agriculture
- Fish
- Life Sciences
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- ROLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Insulated Shippers Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Insulated Shippers Market, by Material, 2019-2029 (USD Billion)
- 1.2.3. Insulated Shippers Market, by Type, 2019-2029 (USD Billion)
- 1.2.4. Insulated Shippers Market, by End-use, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Insulated Shippers Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Insulated Shippers Market Dynamics
- 3.1. Insulated Shippers Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing demand for temperature-controlled packaging solutions
- 3.1.1.2. Surging demand for organic food products
- 3.1.1.3. Constantly growing e-commerce platform
- 3.1.2. Market Challenges
- 3.1.2.1. Environmental concerns regarding the disposal of materials
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing need to preserve edible products due to climatic changes
- 3.1.3.2. Increasing demand in life science and food industries
Chapter 4. Global Insulated Shippers Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Insulated Shippers Market, by Material
- 6.1. Market Snapshot
- 6.2. Global Insulated Shippers Market by Material, Performance - Potential Analysis
- 6.3. Global Insulated Shippers Market Estimates & Forecasts by Material 2019-2029 (USD Billion)
- 6.4. Insulated Shippers Market, Sub Segment Analysis
- 6.4.1. Paper-based
- 6.4.2. Wool
- 6.4.3. Expanded Polystyrene (EPS)
- 6.4.4. Expanded Polypropylene (EPP)
- 6.4.5. Polyurethane (PU)
- 6.4.6. Metalized Bubble Wrap
- 6.4.7. Vacuum Insulated Panel
- 6.4.8. Biodegradables
- 6.4.9. Others
Chapter 7. Global Insulated Shippers Market, by Type
- 7.1. Market Snapshot
- 7.2. Global Insulated Shippers Market by Type, Performance - Potential Analysis
- 7.3. Global Insulated Shippers Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 7.4. Insulated Shippers Market, Sub Segment Analysis
- 7.4.1. Single-use
- 7.4.2. Multiple-use
Chapter 8. Global Insulated Shippers Market, by End-use
- 8.1. Market Snapshot
- 8.2. Global Insulated Shippers Market by End-use, Performance - Potential Analysis
- 8.3. Global Insulated Shippers Market Estimates & Forecasts by End-use 2019-2029 (USD Billion)
- 8.4. Insulated Shippers Market, Sub Segment Analysis
- 8.4.1. Home Delivery
- 8.4.2. Agriculture
- 8.4.3. Fish
- 8.4.4. Life Sciences
- 8.4.5. Others
Chapter 9. Global Insulated Shippers Market, Regional Analysis
- 9.1. Insulated Shippers Market, Regional Market Snapshot
- 9.2. North America Insulated Shippers Market
- 9.2.1. U.S. Insulated Shippers Market
- 9.2.1.1. Material breakdown estimates & forecasts, 2019-2029
- 9.2.1.2. Type breakdown estimates & forecasts, 2019-2029
- 9.2.1.3. End-use breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Insulated Shippers Market
- 9.3. Europe Insulated Shippers Market Snapshot
- 9.3.1. U.K. Insulated Shippers Market
- 9.3.2. Germany Insulated Shippers Market
- 9.3.3. France Insulated Shippers Market
- 9.3.4. Spain Insulated Shippers Market
- 9.3.5. Italy Insulated Shippers Market
- 9.3.6. Rest of Europe Insulated Shippers Market
- 9.4. Asia-Pacific Insulated Shippers Market Snapshot
- 9.4.1. China Insulated Shippers Market
- 9.4.2. India Insulated Shippers Market
- 9.4.3. Japan Insulated Shippers Market
- 9.4.4. Australia Insulated Shippers Market
- 9.4.5. South Korea Insulated Shippers Market
- 9.4.6. Rest of Asia Pacific Insulated Shippers Market
- 9.5. Latin America Insulated Shippers Market Snapshot
- 9.5.1. Brazil Insulated Shippers Market
- 9.5.2. Mexico Insulated Shippers Market
- 9.5.3. Rest of Latin America Insulated Shippers Market
- 9.6. Rest of The World Insulated Shippers Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Sonoco Products Company
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Polar Tech Industries, Inc.
- 10.2.3. Sealed Air Corporation
- 10.2.4. Sancell Pty Ltd
- 10.2.5. The Wool Packaging Company Limited
- 10.2.6. CoolPac Pty Ltd
- 10.2.7. SOFRIGAM
- 10.2.8. Insulated Products Corporation
- 10.2.9. Cambro Manufacturing
- 10.2.10. TemperPack
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption