The global cold chain packaging market is estimated to be valued at USD 32.22 Bn in 2024, growing at a compound annual growth rate (CAGR) of 19.3% from 2024 to 2031. The global cold chain packaging market has been witnessing significant growth in the recent years owing to the growing demand for temperature-sensitive drugs and increasing focus on reducing food wastage. Cold chain packaging helps maintain the quality and increase the shelf life of various perishable products such as meat, seafood, fruits, and vegetables during transportation and storage. Various innovations including smart labeling, gel packs, insulation material, and renewable-based packaging solutions have been propelling the market growth. With rising health awareness and changing consumer preferences, the market is further expected to gain momentum going forward.
Market Dynamics:
The global cold chain packaging market is driven by the growing pharmaceutical industry, increasing demand for processed and frozen food, rise of e-commerce, and expansion of the retail sector globally. However, high initial investment and operating costs associated with cold chain equipment and infrastructure could hinder the market growth.
Key Features of the Study:
- This report provides an in-depth analysis of the global cold chain packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global cold chain packaging market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Cascades Inc., Cold Chain Technologies, Creopack, Cryopak A TCP Company, Intelsius, Pelican Products, Inc., Softbox, Sonoco ThermoSafe, va-Q-tec, Insulated Product Corporation, Sofrigam , Valor Industries, QProducts & Services, and Aquatechtanks
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global cold chain packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Detailed Segmentation-
- By Product Type:
-
- EPS Containers
- PUR Containers
- Pallet Shippers
- Vacuum Insulated Panels
- Others
- By Application:
- Dairy Products
- Milk
- Butter
- Cheese
- Ice Cream
- Fruit and Pulp Concentrates
- Fish, Seafood, and Meat
- Processed Food
- Fruits and Vegetables
- Bakery and Confectioneries
- Pharmaceuticals
- Vaccines
- Blood Banking
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Cascades Inc.
- Cold Chain Technologies
- Creopack
- Cryopak A TCP Company
- Intelsius
- Pelican Products, Inc.
- Softbox
- Sonoco ThermoSafe
- va-Q-tec
- Insulated Product Corporation
- Sofrigam
- Valor Industries
- QProducts & Services
- Aquatechtanks