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

Insulated Shippers Market Drivers

Increasing demand for temperature-sensitive pharmaceutical products

• One key driver of the global insulated shippers market is the increasing demand for temperature-sensitive pharmaceutical products. With the rising prevalence of chronic diseases and the aging population in various countries, there is a growing need for reliable transportation and storage solutions for vaccines, blood, and temperature-sensitive drugs. Insulated shippers provide the necessary temperature control and protection to ensure the efficacy and integrity of these pharmaceutical products during transit, driving their demand in the market.

Insulated Shippers Market Restraints

Emergence of modified atmosphere packaging (MAP) technology

• One significant restraint in the global insulated shippers market is the emergence of modified atmosphere packaging (MAP) technology. MAP offers an alternative solution for preserving the freshness and extending the shelf life of food products by controlling the gas blend within the packaging. This technology reduces the reliance on insulated shippers for certain perishable goods. However, the high cost associated with MAP implementation acts as a restraining factor. Many clients, especially small-scale businesses, may find the cost prohibitive, limiting the widespread adoption of MAP and maintaining the demand for insulated shippers. Additionally, the established infrastructure and familiarity with insulated shippers in certain industries may also slow down the transition towards MAP.