Insulated Packaging Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Insulated Packaging Market is segmented By Type (Rigid, Semi-Rigid, Flexible), By Product (Corrugated Cardboard, Metal, Glass, Plastic, Others), By Ap....
Insulated Packaging Market Size
Market Size in USD
CAGR7.1%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 7.1% |
| Market Concentration | Medium |
| Major Players | Post DHL, Sofrigam, Winpak, E.I. Du Pont De Nemours and Co., Amcor Limited |
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Insulated Packaging Market Analysis
The Global Insulated Packaging Market is estimated to be valued at USD 16.5 Bn in 2024 and is expected to reach USD 28.6 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031. Rapid growth in the healthcare, food and beverage industries have driven the demand for temperature-controlled packaging solutions. Regulatory mandates regarding the safety and quality of shipped pharmaceutical and perishable products have further propelled the insulated packaging market. The market is expected to continue growing steadily over the next decade primarily due to rising demand for frozen and chilled food and increasing vaccine production worldwide. Expanding e-commerce channels for grocery and pharmaceutical delivery have also created opportunities for insulated packaging manufacturers to provide specialized solutions for temperature control during transit. Wider acceptance of sustainable packaging formats using paper and bioplastics offers potential opportunities for market expansion.