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

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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