Europe Thermal Insulation Packaging Market Analysis and Size
Data Bridge Market Research analyses that the thermal insulation packaging market is expected to reach the value of USD 5,606,782.96 thousands by the year 2029, at a CAGR of 7.0% during the forecast period. “Box " accounts for the most prominent product segment in the respective market owing to rise in the demand for temperature sensitive goods. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Thermal packaging is a product that acts as an insulator between a product being shipped and the outside air. It allows shipping a hot product in winter or a cold product in the summer. Insulated shipping containers are a type of packaging used to ship temperature-sensitive products such as foods, pharmaceuticals, organs, blood, biological materials, vaccines, and chemicals. They are used as part of a cold chain to help maintain product freshness and efficacy.
The Market Dynamics of the Thermal Insulation Packaging Market Include:
• Growing Demand for Ready-to-Eat Food Products
The convenience provided by ready-to-eat foods provides a way to eat a healthy diet while adapting to the healthy insulating packaging requirements that helps in storing the food for a longer period of time. Ready-to-cook food requires perfect packaging solutions to protect the food from biological contamination and physical influence. This has in turn increased the demand for thermal insulating packaging materials.
• Rise in Application Usage in the Pharmaceutical Industry
A thermal insulation packaging system is necessary for maintaining the integrity and safety of the medical products which in turn increases the demand for thermal insulating packaging.
• Shifting Consumer’s Preference Towards Temperature-Sensitive Goods
The increased demand for temperature sensitive goods has further led to the rise in the demand for insulated packaging materials to keep the food safe and fresh. This in turn rises the demand for thermal insulating packaging materials.
REPORT METRIC DETAILS
Forecast Period 2022 to 2029
Base Year 2021
Historic Years 2020 (Customizable to 2019 - 2014)
Quantitative Units Revenue in USD Thousand, Volumes in Units, Pricing in USD
Segments Covered By Product (Box, Bags, Carton Liners, Bubble Cushioning and Others), Packaging Type (Passive Packaging, Active Packaging and Cold Storage), Material (Polystyrene, Polyurethane (PUR), Polyethylene, Vacuum Insulated Panels (VIP), Polylactic (PLA), Corrugated Fiber Board and Others), Temperature Range (Refrigerated, Frozen and Ambient), Application (Pharmaceutical, Food & Beverage, Chemicals, Horticulture Products, Electronics and Others)
Country Covered Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe
Market Players Covered Thermal Ice, QProducts & Services, Nordic Cold Chain Solutions, Biobright, Sealed Air, ABBE, DUFAYLITE, Cellulose Material Solutions, LLC, Cold Chain Technologies, Sonoco Products Company, SOFRIGAM, The Wool Packaging Company Limited, Insulated Products Corporation, Cryopak, DS Smith, Intelsius, Softbox, WestRock Company, and Avantor, Inc. among others.
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Europe Thermal Insulation Packaging Market Scope
The Europe thermal insulation packaging market is segmented on the basis of product, packaging type, material, temperature range and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
• Carton Liners
• Bubble Cushioning
On the basis of product, Europe thermal insulation packaging market is segmented into box, bags, carton liners, bubble cushioning and others. Box accounts for the largest market share, and are expected to witness high growth as boxes maintain the freshness of the products more compared to other products, which increases its demand in the region.
• Passive Packaging
• Active Packaging
• Cold Storage
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Major TOC of the Report
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
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