Global Insulated Shippers Market

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 2025-2032


Report ID: SQMIG15A2203 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 62 | Figures: 75

Insulated Shippers Market Insights

Insulated Shippers Market size was valued at USD 0 Billion in 2023 and is poised to grow from USD 0 Billion in 2024 to USD 0 Billion by 2032, growing at a CAGR of 11.2% during the forecast period (2025-2032).

The global market for insulated shippers is experiencing growth due to the increasing demand for organic fruits and vegetables worldwide. Organic farming methods are being widely employed to cultivate a diverse range of food products, and insulated shippers play a crucial role in preserving the freshness of these perishable items during transportation. Another significant factor fueling the demand for insulated shippers is the rising global demand for pharmaceutical products. The pharmaceutical market is expanding due to the prevalence of chronic diseases and the growing aging population in countries such as China and Japan. Insulated shippers are essential for transporting temperature-sensitive drugs, blood, and vaccines. Large organizations like Sonoco Products Company and Sealed Air directly source raw materials from manufacturers through annual contracts, while smaller companies procure materials based on their specific requirements from either manufacturers or distributors. The choice of liner material, such as paper, EPS, or metalized bubble wrap, depends on the intended application area during the manufacturing process. Key manufacturers in the insulated shippers market include ABBE CORRUGATED PTY. LTD., Sonoco Products Company, ICEE insulated folding boxes, and CP Cases Ltd. These manufacturers primarily cater to the food and pharmaceutical industries. The global population is projected to increase by 1.24% annually until 2030, with the proportion of people aged 65 to 80 expected to rise to 28% by 2030. This aging population will require more medical assistance, leading to a higher demand for pharmaceuticals and consequently driving the demand for insulated shippers. Countries such as Japan, China, Italy, and Germany are experiencing a significant rise in the aging population. However, the development of modified atmosphere packaging (MAP) is gaining traction in the industry and may limit the use of insulated shippers in the future. MAP helps preserve the freshness and extend the shelf life of food products by controlling the gas blend inside the packaging. Despite its advantages, the high cost of MAP technology is currently discouraging clients from adopting it as a solution.

US Insulated Shippers Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Insulated Shippers Market size was valued at USD 7.02 billion in 2021 and is poised to grow from USD 7.6 billion in 2022 to USD 17.77 billion by 2030, growing at a CAGR of 11.2% during the forecast period (2023-2030).

The insulated shippers market is characterized by a diverse range of manufacturers and suppliers. These companies focus on developing innovative and technologically advanced products to meet the specific requirements of the food and pharmaceutical industries. Manufacturers use various liner materials such as paper, EPS, and metalized bubble wrap, considering the application area during manufacturing. The market also sees the presence of small-scale companies that procure raw materials from manufacturers or distributors based on their specific needs. The competition in the market is driven by factors such as product quality, cost-effectiveness, customization capabilities, and the ability to meet regulatory standards and certifications. 'Sonoco Products Company (US)', 'Sealed Air Corporation (US)', 'Cryopak Industries Inc. (US)', 'Pelican BioThermal LLC (US)', 'Cold Chain Technologies LLC (US)', 'ABBE CORRUGATED PTY. LTD. (Australia)', 'Inmark Packaging (US)', 'Marko Foam Products Inc. (US)', 'Langston Companies, Inc. (US)', 'Intelsius Limited (UK)', 'Tempack Packaging Solutions, S.L. (Spain)', 'Sofrigam SA (France)', 'Softbox Systems Ltd. (UK)', 'TKT GmbH (Germany)', 'Thermosafe Brands (US)', 'AmerisourceBergen Corporation (US)', 'Cold Chain IQ (US)', 'Nordic Cold Chain Solutions (US)', 'RPS Packaging (US)', 'Davis Core & Pad Company (US)'

One key driver of the 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.

Growing emphasis on sustainable and eco-friendly packaging: One key market trend in the insulated shippers market is the growing emphasis on sustainable and eco-friendly packaging solutions. With increasing environmental awareness and regulations, there is a rising demand for insulated shippers made from recyclable and biodegradable materials. Market players are focusing on developing sustainable packaging options that reduce waste, carbon footprint, and environmental impact. This trend aligns with the broader sustainability goals of businesses and consumers, driving the adoption of eco-friendly insulated shippers. Additionally, advancements in technology and materials are enabling the development of innovative and sustainable packaging solutions that cater to the evolving needs of the market.

North America dominated the 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.

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Global Insulated Shippers Market

Report ID: SQMIG15A2203

$5,300
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