Global Durable Insulated Containers Market Set to Grow at 6.4% CAGR, Valued at US$ 24 Billion by 2032 | FMI

The global durable insulated containers market is poised for substantial growth, with a projected compound annual growth rate (CAGR) of 6.4% during the forecast period. Starting from US$ 12.1 billion in 2021, the market is anticipated to reach a valuation of US$ 24 billion by 2032.

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Key Propellers to Durable Insulated Containers Market Share:

1. Rising Demand for Perishable Goods: The increasing demand for perishable food items due to globally expanding travel has significantly boosted the demand for durable insulated containers. These containers provide efficient temperature control during transportation, resulting in an increase in maritime freight and cost savings.
2. Chilled Capillary Feeding in Healthcare Sector: Durable insulated containers, capable of maintaining a temperature range of 2 to 8 degrees Celsius, are specifically designed for chilled capillary feeding in the healthcare sector. Growing reliance on seafood as a protein source and rising demand for unusual fish species are driving imports and compelling cold chain logistics providers to adopt durable insulated containers for effective shipping.
3. Research and Development Activities: The pharmaceutical and biotechnology sectors are witnessing constant growth in research and development activities for the development of innovative therapeutics. This trend, coupled with expanding clinical trials and new medication development, is fueling the demand for durable insulated containers globally.
4. Usage in Specialized Chemicals Packaging: Increased usage of durable insulated containers for packing and shipping specialized chemicals is expected to further drive market growth in the coming years.

Durable Insulated Containers: A Sustainable and Effective Solution

Durable insulated containers offer numerous benefits over traditional packaging methods. They are:

• Highly Effective: Made with high-quality materials like polypropylene, chloride, and nylon, these containers excel at maintaining consistent internal temperatures for extended periods, even under adverse weather conditions.
• Compact and Cost-Effective: Their compact design optimizes space utilization and reduces transportation costs. Additionally, their durability allows for repeated use, minimizing waste and offering a more sustainable solution.
• Versatile Applications: Durable insulated containers come in various sizes and configurations, catering to diverse needs across different industries.

Regional Market Trends:

• North America: Expected to lead the market due to a robust cold chain infrastructure and high demand for perishable goods.
• Europe: Germany is anticipated to be a key market within Europe, driven by growth in end-user industries.
• Asia Pacific: China and India are projected to witness significant growth due to rising disposable incomes and an expanding focus on cold chain logistics.

The future of the durable insulated containers market appears bright, with continued growth fueled by increasing demand for safe and efficient temperature-controlled transport solutions.

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Key Segments

• By Material Type:

• Polypropylene (PP)
• Polyvinyl Chloride (PVC)
• Polyethylene Terephthalate (PET)
• Polystyrene (PS)
• Polyurethane (PU)
• Nylon

By Size:

• Up to 20 Litre
• 21 to 50 Litre
• 51-100 Litre
• 101-200 Litre
• Above 200 Litre

By End User:

• Food
  • Meat, Poultry & Seafood
  • Dairy Products
  • Others
• Beverages
• Healthcare & Pharmaceuticals
  • Drugs
  • Vaccines
  • Biological Product
  • Others
• Specialty Chemicals
• Others

By Region:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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