Thermal insulated boxes are highly recognized for its resistance to heat tranfer and are employed for the packaging of time-temperature sensitive products such as pharmaceuticals or food products during transport or storage. The thermal performance of the boxes depends upon the temperture situation, conditions and exchange rate of thermal energy. The commonly used materilas for producing these boxes are EPS, polyvinyl chloride, and polyurethane.
MARKET DYNAMICS
The global thermal insulated boxes market is expected to register a notable CAGR during the forecast period owing to the surging demand of thermal insulated boxes especially in the food packging industry for protection of food form the outside temperature. Growth in population coupled with change in culinary style has boosted food trade activites across the globe. For this purpose insulated packaging is required for safety and prevention from food contamination. Thus the demand for thermal insulated boxes has increased in food packaging application. Furthermore, the thermal insulated boxes are widely used in pharmaceutical and chemical industry for packaging, this, in turn will create a lucrative opportunity for thermal insulated boxes in the near future. The market is a perfect competition market with the presence of numerous players and buyers. The market players are competing based on price, product innovation and quality.
MARKET SCOPE
The "Global Thermal insulated boxes Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the thermal insulated boxes market with detailed market segmentation by material, end use, and geography. The global thermal insulated boxes market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading thermal insulated boxes market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global thermal insulated boxes market is segmented on the basis of material and end use. Based on material, the global thermal insulated boxes market is segmented into EPS, polyurethane, polyvinyl chloride, paper, and others. Based on end use, the global thermal insulated boxes market is segmented food, chemical, pharmaceutical, agriculture, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global thermal insulated boxes market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The thermal insulated boxes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the thermal insulated boxes market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the thermal insulated boxes market in these regions.
MARKET PLAYERS
The reports cover key developments in the thermal insulated boxes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from thermal insulated boxes market are anticipated to lucrative growth opportunities in the future with the rising demand for thermal insulated boxes in the global market. Below mentioned is the list of few companies engaged in the thermal insulated boxes market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the thermal insulated boxes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Smurfit Kappa
- Sekisui Kasei Co., Ltd.
- Sonoco ThermoSafe
- Intelsius
- Dryce Srl
- FEURER Group GmbH
- ICEE insulated folding boxes.
- Cryopak
- Tempack
- Atlas Molded Products