The global sales of PUR shippers are projected to witness significant growth over the next decade, with an estimated market value of USD 336.9 million in 2024, climbing to USD 609.1 million by 2034. This growth trajectory represents a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2024 to 2034. Notably, the revenue generated by PUR shippers in 2023 was USD 316.6 million, reflecting a year-on-year growth of 4.7% expected in 2024.
PUR shippers are gaining traction, particularly in the pharmaceutical sector, where reliable and efficient cold chain solutions are critical for transporting vaccines, biologics, and other medications. These shippers are favored for their superior insulation and temperature stability, which are vital in maintaining product integrity throughout the transportation process.
The versatility of PUR shippers extends beyond pharmaceuticals, with a significant application in the food industry, especially for perishable goods. The ability of pallet shippers to optimize space and handling efficiency makes them the preferred choice for large-volume transportation. Their cost-effective nature, combined with reduced handling needs, positions pallet shippers for prominent growth during the assessment period.
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As the demand for effective shipping solutions continues to rise, the food industry is expected to be a major contributor to the growth of PUR shippers. With the need to maintain the quality and safety of perishable food items, these shippers play a critical role in the supply chain.
PUR shippers are designed for a wide range of applications, including frozen, chilled, and ambient products. Their excellent insulation properties allow them to maintain extremely low temperatures for prolonged periods, ensuring the integrity of frozen products during transport over long distances.
Key Takeaways from the PUR Shippers Industry Analysis
- The global PUR shippers industry experienced a CAGR of 6.5% from 2019 to 2023.
- The industry value reached USD 316.6 million in 2023, indicating positive growth trends.
- Spain is expected to see moderate growth of 5.1% through 2034 within Europe.
- In North America, Canada is projected to achieve a growth rate of 4.9% by 2034.
- Insulated containers are forecasted to dominate the market, capturing 58.9% of the value share by 2034.
- The chilled category is anticipated to exhibit significant growth, expected to hold 49.3% of the market share by 2034.
Competitive Landscape
Several major companies in the PUR shippers market are making considerable investments in innovation, research, and development to uncover new functions and improve their capabilities. Using technology, these businesses focus safety, product quality, and customer pleasure in order to grow their consumer base.
Key PUR shipper manufacturers are concentrating on providing sustainable material packaging and packaging solutions in order to meet sustainability requirements. They are pursuing a merger and acquisition strategy to increase company resources and producing new items to fulfill customer demands.
Key Players of PUR Shippers Industry
- Sonoco Products Co.
- Topa Thermal Packaging BV
- Cryopak Industries Inc.
- Cold Chain Technologies, Inc.
- Tempack Packaging Solutions, S.L.
- Chill-Pak
- Pelican BioThermal LLC
- Lifoam Life Sciences
- Polar Tech Industries
- CSafe
- Sofrigam
Key Segments of PUR Shippers Industry
By Product:
In terms of product, the industry is divided into pallet shippers, and insulated containers.
By Application:
In terms of application, the industry is segregated frozen, ambient, and chilled.
By End Use:
The industry is classified by end use as food, beverages, pharmaceutical, cosmetics & personal care, chemical and other industrial.
By Region:
Key countries of North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East and Africa (MEA), have been covered in the report.
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