Global Isothermal Bags & Containers Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027
“Global Isothermal Bags & Containers Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global isothermal bags & containers market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global isothermal bags & containers market report has been segmented on the basis of product type, material type, end user, and region.
Isothermal bag containers are bag containers which have property to maintain same temperature for long duration. It is used to carry temperature-sensitive goods, agro-products, medicine, and other temperature sensitive products without breaking the cold chain. The materials used to manufacture the isothermal bag ensure a high level of thermal protection and long useful life. The reusable isothermal covers and bags are unique three-layer high-density covers that guarantee excellent insulation to keep products at the required temperature.
Rapid industrialization in developed and developing countries and increasing trade activities among neighboring countries are major factors driving growth of the global market. In addition, increasing imports and exports among the countries, flourishing food and pharmaceutical industries across the globe, and rising demand for safe and secure transportation of commodities are some other major factors expected to support growth of the market to certain extent.
Moreover, various befits offered by isothermal bags & containers such as ability to keep items fresh and maintaining cold chain during transit is increasing its demand from beverage and agriculture industries is another factor expected to support growth of the market to certain extent.
Furthermore, rapid development in packaging industry for innovative products and growing e-commerce sector particularly in emerging economies such as China and India are some other factors expected to further support growth of global market.
However, high cost of container is a major factor expected to challenge growth of the market o certain extent.
Increasing R&D activities in packaging sector coupled with presence of major manufacturers is expected to create new opportunities in terms of revenue for players operating in the target market over the forecast period. In addition, increasing merger & acquisition activities among regional and international players is expected to further support growth of the market to certain extent.
North America is expected to dominate the global market in terms of revenue and is expected to continue its dominance over the forecast period. This dominance can be attributed to increasing trade activities and presence of major players operating in countries in this region. The market in Asia Pacific is expected to witness faster growth, owing to increasing e-commerce sector and increasing demand from pharmaceutical sector. In addition, presence of regional players offering different innovative products is expected to further support growth of the market in this region to certain extent. The market in Europe is expected to contribute significant revenue hare in the global market. This can be attributed to increasing demand from food & beverage sector.
Global Isothermal Bags & Containers Market Segmentation:
By Product Type:
By Material Type:
- Polyvinyl chloride (PVC)
- Polyethylene Terephthalate (PET)
By End User:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Sonoco Products Company
- Cryopak Industries Inc.
- Pelican Biothermal LLC
- Sofrigam SA
- ACH Foam Technologies, Inc.
- Advanced Products Portugal,
- Tempack Packaging Solutions, S.L.
- Envirotainer Inc.
- Cold Chain Technologies, Inc.
- Snyder Industries Inc.
- American Aerogel Corporation
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