Insulated Packaging Market by Type (Rigid, Semi-Rigid, and Flexible), Product Type (Bags and Pouches, Boxes and Containers, and Wraps), Material, End User, and Region - Global Industry Analysis, Opportunities and Forecast up to 2029

Insulated Packaging Market Size

The global Insulated Packaging market size was valued at $13.80 billion in 2023 and is projected to reach $20.71 billion by 2029, growing at a CAGR of 7.0% during the forecast period. 

Insulated Packaging Market Dynamics

• The insulated packaging market is expected to witness significant growth in the future due to increasing consumer preference for greener materials and a rise in the number of e-commerce websites. 

• Additionally, the increasing global urban population and high growth potential in developing countries are the prominent factors driving the growth of the insulated packaging market demand.

• However, the huge maintenance costs and raw material issues are restraining the market growth.

• On the contrary, major advancements in protective packaging and growth in the pharmaceutical industry are creating opportunities for market growth.

Insulated Packaging Market Overview

Insulated packaging is the packaging solution utilized for storing and transporting temperature-sensitive products. It is used for maintaining the desired temperature and keeping the contents refrigerated, frozen, and warm. Insulated packaging is mostly available in the form of bags, flexible blankets, flexible sheets, pre-formed shapes, boxes, and rigid boards. They are manufactured using insulating cement, expanded silica, expanded polystyrene foam (EPS), polyurethane foam, radiant barrier films, and mineral fibers. The packaging provides high resistance to heat transfer, enhanced durability, mechanical strength, and low moisture susceptibility. As a result, they are widely utilized for products, such as cosmetics, seafood, ice creams, meats, alcohols, fresh herbs, and gourmet foods.

By End User, the Food and Beverages Segment is projected to be the largest Segment in the Insulated Packaging Market

The food and beverages segment is estimated to witness a significant growth rate in the foreseeable future due to the growing demand for packaged food and ready-to-eat food consumption. In addition, the rising trend of online food ordering and online grocery shopping is propelling the need for shipment and storage of perishables in a thermally controlled environment. Preservation, protection, maintaining, and extending the shelf-life of food products are the primary challenges faced in the food industry. As food products are prone to deteriorate over the period, which affects their flavor, taste, texture, and color, choosing the right packaging products is necessary.

By Geography, North America Region Holds the Dominant Position in the Market Revenue

North America is projected to be the largest segment in the insulated packaging market due to the growing number of food retail chains and their expansion, and the growing e-commerce industry. eCommerce continues to grow at a dramatic pace in the country, putting pressure on traditional retail. In addition, the presence of major giants such as Amazon and Walmart has significantly changed the buying trends of grocery shoppers in the U.S.

Some of the Key Players Profiled in the Report Include: 

• Amcor PLC
• Cryopak
• DS Smith PLC
• DuPont
• Huhtamaki OYJ
• Innovative Energy Inc
• Sonoco Products Company
• The Wool Packaging Company Limited

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type:
• Rigid
• Semi-Rigid
• Flexible

Market by, Material:
• Plastic
• Wood
• Glass
• Other Materials

Market by, Product Type:
• Bags and Pouches
• Boxes and Containers
• Wraps

Market by, End User:
• Food and Beverages
• Industrial
• Pharmaceuticals
• Beauty and Personal Care

Market by, Geography:

The Insulated Packaging Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Table Of Content

1 Market Overview                
    1.1 Introduction            
    1.2 Research Objectives           
    1.3 Market Segmentation           
    1.4 Stakeholders            
    1.5 List of Acronyms            
                  
2 Executive Summary                
                  
3 Research Methodology               
    3.1 Identification of Data           
    3.2 Evaluation of Market Dynamics          
    3.3 Collaboration of Data           
    3.4 Verification and Analysis           
    3.5 Data Sources            
    3.6 Assumptions            
                  
4 Market Dynamics                
    4.1 Market Drivers            
           4.1.1 Increasing Consumer Preference to Greener Materials 
           4.1.2 Rise in the Number of E-commerce Websites  
    4.2 Market Restraints            
           4.2.1 Huge Maintenance Costs    
    4.3 Market Opportunities           
           4.3.1 Major Advancements in Protective Packaging  
    4.4 Market Challenges            
           4.4.1 Raw Material Issues     
    4.5 Impact of COVID-19 on Insulated Packaging Market         
                  
5 Porter's Five Force Analysis              
    5.1 Bargaining Power of Suppliers           
    5.2 Bargaining Power of Buyers           
    5.3 Threat of New Entrants           
    5.4 Threat of Substitutes           
    5.5 Competitive Rivalry in the Market          
                  
6 Global Insulated Packaging Market by, Type             
    6.1 Overview            
    6.2 Rigid             
    6.3 Semi-Rigid            
    6.4 Flexible             
                  
7 Global Insulated Packaging Market by, Material             
    7.1 Overview            
    7.2 Plastic             
    7.3 Wood             
    7.4 Glass             
    7.5 Other Materials            
                  
8 Global Insulated Packaging Market by, Product Type            
    8.1 Overview            
    8.2 Bags and Pouches            
    8.3 Boxes and Containers           
    8.4 Wraps             
                  
9 Global Insulated Packaging Market by, End User             
    9.1 Overview            
    9.2 Food and Beverages           
    9.3 Industrial             
    9.4 Pharmaceuticals            
    9.5 Beauty and Personal Care           
                  
10 Global Insulated Packaging Market by, Geography             
    10.1 Overview            
    10.2 North America            
             10.2.1 US    
             10.2.2 Canada    
             10.2.3 Mexico    
    10.3 Europe             
             10.3.1 Germany    
             10.3.2 France    
             10.3.3 UK    
             10.3.4 Italy    
             10.3.5 Spain    
             10.3.6 Rest of Europe   
    10.4 Asia Pacific            
             10.4.1 China    
             10.4.2 Japan    
             10.4.3 India    
             10.4.4 South Korea   
             10.4.5 Australia    
             10.4.6 New Zealand   
             10.4.7 Rest of Asia Pacific   
    10.5 South America            
             10.5.1 Brazil    
             10.5.2 Argentina   
             10.5.3 Chile    
             10.5.4 Rest of South America  
    10.6 Middle East & Africa           
             10.6.1 UAE    
             10.6.2 Saudi Arabia   
             10.6.3 Qatar    
             10.6.4 Iran    
             10.6.5 South Africa   
             10.6.6 Rest of Middle East & Africa  
                  
11 Key Developments                
                  
12 Company Profiling                
    12.1 Amcor PLC            
             12.1.1 Business Overview   
             12.1.2 Product/Service Offering  
             12.1.3 Financial Overview   
             12.1.4 SWOT Analysis   
             12.1.5 Key Activities   
    12.2 Cryopak             
    12.3 DS Smith PLC            
    12.4 DuPont             
    12.5 Huhtamaki OYJ            
    12.6 Innovative Energy Inc           
    12.7 Sonoco Products Company           
    12.8 The Wool Packaging Company Limited