The [260
Pages Report] “Insulated Packaging Market by
Material Type (Plastic, Wood, Corrugated Cardboard, Glass), Application (Food
& Beverages, Industrial, Pharmaceutical, Cosmetics), by Packaging Type,
Type, and Region - Global Forecast to 2020” defines
and segments the global insulated packaging market with an analysis and
forecast of the global revenues for the insulated packaging market. It also
identifies the driving and restraining factors of the market with analysis of
trends, opportunities, burning issues, winning imperatives, and challenges.
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Report at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=251198901
Drivers & Opportunities in global industry:
- Increasing Production and Consumption of Temperature-Sensitive Goods: Key Driver for Insulated Packaging Market
- Increasing Production and Consumption of Temperature-Sensitive Goods
- Increasing Urban Population
- Growing E-Commerce Industry
- Developing Countries: Opportunity for the Packaging Industry
- Developing Countries: High Potential Growth Markets for Insulated Packaging Industry
- Growth in Pharmaceuticals Industry
The insulated packaging industry has a positive outlook due to a
high growth in the packaging industries. The growing demand for insulated
packaging in developing countries, such as China, India,
and Brazil is due to the improved economic conditions and lifestyles,
which is driving the growth of the insulated packaging industry. Key factors,
such as growth in the parent packaging market, increasing concern towards
product presentation and safety, and development in the pharmaceutical sector
are contributing to the growth of the Insulated Packaging Market.
The Insulated
Packaging Market is projected to reach USD 14.2
Billion by 2020, at a CAGR of 5.12% during the forecast period from 2015
to 2020. The food & beverages segment is the fastest-growing insulated packaging
application, which is growing at a CAGR of ~5.00% during the period under
review. Factors such as the increasing end-use application fuelled by the
growing middle-class population, coupled with growing workforce, make insulated
packaging an attractive market of the global packaging industry.
The market for insulated packaging is observed to be matured in
developed economies, such as Europe. The reason behind this is the rapid
growth in the parent packaging market and increasing concern towards product
presentation and safety in this region. The Asia-Pacific region
formed the largest market for insulated packaging, in terms of value, after
having accounted for USD 3,391.6 million in 2014. Europeformed
the second-largest market, with a market share of ~30.0%. This region is
projected to be the fastest-growing market for insulated packaging during the
forecast period from 2015 to 2020.
The market for insulated packaging is driven by the growth in the
packaging industry along with innovative packaging. High disposable income has
enabled the end-users to spend more on insulated packaging, which facilitates
thermal insulation. Most importantly, the changing mind set of end-users has
triggered the usage of insulated packaging in their day-to-day life. The global
Insulated Packaging Market is marked with an intense competition due to the
presence of a large number of big and small firms.
Major manufacturers dominated in insulated packaging
market are Deutsche Post DHL (Germany), E.I. Du Pont De Nemours and Co. (U.S.),
Huhtamaki OYJ (Finland), and Sonoco Products Company (U.S.)
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