Cold Chain Packaging Market, By Product Type (EPS Containers, PUR Containers, Pallet Shippers, Vacuum Insulated Panels, and Others), By Application (Dairy Products (Milk, Butter, Cheese, and Ice Cream), Fruit and Pulp Concentrates, Fish, Seafood, and Meat, Processed Food, Fruits and Vegetables, Bakery and Confectioneries, and Pharmaceuticals), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : Apr 2024

Code : CMI5096

Pages :134

Formats :

Excel and PDF

Industry : Packaging

Regional Analysis

Cold Chain Packaging Market Regional Insights

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The North America region currently dominates the global cold chain packaging market owing to a strong presence of major companies in countries like he U.S. and Canada. The market in this region is expected to account for 34.7% of the market share in 2024. With the rising demand for perishable foods and pharmaceutical products, the need for efficient cold chain systems is growing rapidly across countries in the region. North America is one of the leading producers and consumers of temperature sensitive products worldwide. Stringent food safety regulations along with advanced cold storage infrastructure has accelerated the use of temperature controlled packaging over the past decade. Some of the key players from North America are successfully exporting their cold chain solutions to international markets, which is another factor that is strengthening the region’s control over the industry. Moreover, trade agreements like NAFTA have promoted the sharing of cold chain best practices among Canada, the U.S., and Mexico, driving higher adoption of specialized packaging designs and temperature monitoring technologies.

The Asia Pacific region is witnessing remarkable growth and emerging as the fastest growing market for cold chain packaging. Developing economies like India and China have witnessed tremendous surge in their consumer goods industry which has increased the need for maintaining cold temperature control during storage and shipping of perishables. Growing middle class, rapid urbanization, and changing dietary patterns are spurring the demand for temperature sensitive pharmaceuticals, dairy, seafood, and other perishable foods in Asia Pacific. This has fuelled investments by both international as well as regional players to expand their presence through setting up production facilities, enhancing warehousing capacities and expanding distribution coverage across the region. Sensing opportunities, several global firms have entered strategic partnerships with local Asian players to provide complete supply chain solutions tailored for the diverse Asia Pacific markets. Rising export oriented businesses are also contributing to the growth of cold chain packaging industry in the Asia Pacific region.