Thermal Insulation Packaging Market to Grow at a Moderate CAGR of 17.2% through 2022 to 2030

Research and Analysis

Thermal insulation packaging is a type of packaging material that helps to maintain the temperature of the packaged product. It is commonly used in the transportation and storage of perishable goods such as food, pharmaceuticals, and chemicals. The market for thermal insulation packaging is expected to grow in the coming years due to the increasing demand for temperature-sensitive products and the need to reduce food waste.

The global thermal insulation packaging market is segmented on the basis of material, application, and end-use industry. Based on material, the market is segmented into polyurethane, polystyrene, polyethylene, and others. Polyurethane is the most widely used material in thermal insulation packaging due to its excellent insulation properties and ability to maintain the temperature of the packaged product for an extended period.

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Based on application, the market is segmented into refrigerated transport, frozen transport, and others. Refrigerated transport is the most widely used application in thermal insulation packaging as it is used for the transportation of perishable goods such as fruits, vegetables, and dairy products.

The end-use industries that use thermal insulation packaging include food and beverage, healthcare, and chemical industries. The food and beverage industry is the largest end-user of thermal insulation packaging due to the increasing demand for fresh and frozen food products. The healthcare industry is also expected to show significant growth in the coming years due to the increasing demand for temperature-sensitive drugs and vaccines.

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In conclusion, the thermal insulation packaging market is expected to grow in the coming years due to the increasing demand for temperature-sensitive products and the need to reduce food waste. The market is segmented on the basis of material, application, and end-use industry, with polyurethane being the most widely used material, refrigerated transport being the most widely used application, and the food and beverage industry being the largest end-user. The major players operating in the market are focusing on the development of new and innovative thermal insulation packaging materials to meet the changing demands of the market.

Key Segments Covered in Thermal Insulation Packaging Industry Research

Packaging Type      

  • Passive Packaging
    • Single Use or One Way use Packaging
    • Multiple Use or re-usable Packaging
  • Active Packaging
    • Reefer trucks and Containers
    • Active Pallet Containers
  • Cold Storage
    • Refrigerators
    • Freezers

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Insulation Material

  • EPS
  • PUR
  • VIP
  • PCM
  • Others

Temperature Range

  • Less than -40°C
  • -20 to -40°C
  • -1 to -20°C
  •  0 to 10°C
  • 10 to 25 °C

Application

  • Food and Beverage
  • Pharmaceuticals
    • Vaccines
    • Blood Banking
    • Others
  • Others

Key Players:

  • Emball’ISO
  • Sonoco ThermoSafe
  • Pelican Products, Inc.
  • Cold Chain Technologies, Inc.
  • Sofrigam SAS
  • CSafe Global, LLC
  • Insulated Products Corporation
  • Cryopak Industries Inc.
  • Snyder Industries, Inc.
  • va-Q-tec AG

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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