Insulated Shippers Market Size, Share, Growth Analysis, By Type(Expanded Polystyrene (EPS), and Polyurethane (PU)), By Application(Pharmaceuticals and Biotechnology, Food and Beverage, and Chemicals), By Region - Industry Forecast 2024-2031

North America dominated the global insulated shippers market. North America has a well-established and advanced pharmaceutical industry, which is a major consumer of insulated shippers. The region has a high demand for temperature-sensitive drugs, vaccines, and other pharmaceutical products, which require reliable and effective packaging solutions to maintain their efficacy during transportation. Additionally, North America has a strong focus on organic farming and sustainable agriculture practices. The increasing demand for organic fruits and vegetables in the region has led to a higher adoption of insulated shippers to preserve the freshness and quality of these products. Moreover, stringent regulations regarding food safety and quality in North America have further contributed to the market dominance of insulated shippers in the region.

Asia Pacific is the fastest growing region in the global insulated shippers market. The region's rapid economic growth, increasing population, and changing lifestyles have resulted in a rising demand for pharmaceutical products and organic food items. Countries like China, Japan, and India are witnessing significant growth in the pharmaceutical industry, driven by factors such as the aging population, increasing healthcare expenditure, and the prevalence of chronic diseases. Furthermore, the Asia Pacific region is experiencing a shift towards organic farming and sustainable agriculture practices. The growing awareness about health and environmental concerns is driving the demand for organic fruits and vegetables, which in turn fuels the need for insulated shippers for their transportation and storage.