The global insulated shippers market size is expected to be worth around US$ 18.9 billion by 2030, according to a new report by Vision Research Reports.
The global insulated shippers market size was valued at US$ 8.5 billion in 2020 and is anticipated to grow at a CAGR of 12.5% during forecast period 2021 to 2030.
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Report Coverage
| Report Scope | Details |
| Market Size | USD 18.9 billion by 2030 |
| Growth Rate | CAGR of 12.5% Fom 2021 to 2030 |
| Base Year | 2021 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Material, Type, End-use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Sonoco Products Company; Sealed Air; FEURER Group GmbH; Sancell; The Wool Packaging Company Limited; Cool Pac; Cascades, Inc.; ICEE Insulated Folding Boxes; Dinkhauser Kartonagen GmbH; TemperPack; Icertech; Insulated Products Corporation; Cambro; PED Technologies Ltd.; Overath GmbH; Barth GmbH; Pelican BioThermal; Softbox; Olivo; Cryopak; Liviri; Sofrigam; Polar Tech Industries, Inc. |
Growth Factors
The product is expected to witness significant demand in the coming years on account of its growing use in various end-use industries such as food & beverages and pharmaceuticals.
Rising demand for organic fruits and vegetables across the globe is among the key driving factors for the industry. A large variety of foods and vegetables is being cultivated by employing organic methods across the world. Thus, these packaging products are widely incorporated to maintain the freshness of the produce during transportation.
Report Highlights
The EPS segment dominated the market for insulated shippers and held for the largest revenue share of 23.0% in 2020. The application of this material helps achieve a closed-cell within an insulated shipping box ideal for the packaging, insulation, and shipping of temperature-sensitive products ranging from easily perishable fruits and herbs to frozen seafood products.
Key Players
Market Segmentation
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