Product Code: GVR-4-68039-135-9
Cold Chain Packaging Market Growth & Trends:
The global cold chain packaging market size was estimated at USD 59.95 billion in 2030 and is expected to grow at a CAGR of 12.6% from 2024 to 2030. The key drivers attributing to the market expansion include a significant boost in demand for cold chain packaging solutions from the pharmaceutical industry. Amidst the coronavirus pandemic, the trade and transit of temperature-sensitive drugs, medicines, and test samples are drastically increasing. Along with the pharmaceuticals market, the packaging market is anticipated to witness significant growth. The overall market growth is profoundly influenced by the high demand for perishable goods worldwide and the availability of fresh food and frozen food supplies.
The growing popularity of e-commerce as a channel for purchasing fresh goods drives the market growth. The increasing usage of e-commerce websites and mobile apps has enabled customers to order preserved food, fresh vegetables, dairy products, and daily meals. Digital retailing has given enabled consumers to purchase products from anywhere they want. The rising trend of online purchases for perishable products has led to new opportunities and challenges. These include the need for innovative solutions to provide the critical service of last-mile delivery, automated warehouse facilities to manage inventories and to reduce per-item costs, and advanced cold chain packaging solutions that would maintain the safety of fresh food products.
North America dominated the market for cold chain packaging in 2019 and is estimated to continue leading over the forecast period leveraging the high consumption rate of meat, processed food, and dairy products. Additionally, the regional market is highly fragmented with numerous market players, which has increased the regional market share. However, the current economic and political scenario has impacted industry growth. The trade conflict between the U.S. and China is expected to negatively impact the growth of the cold chain market in the U.S. In early 2018, China announced a 15% to 25% tariff on products imported from the U.S., including pork, fruits, wine, nuts, and vegetables. This high tariff imposed on food and agriculture products is expected to hinder the regional market growth.
The Middle East and Africa market for cold chain packaging is anticipated to register the highest CAGR over the forecast period on account of significant improvements in material handling, warehousing, intralogistics, and supply chain solutions. The Asia Pacific regional market is estimated to witness a significant CAGR of more than 21% from 2020 to 2027. The growth is attributed to the ever-increasing population, rapid industrialization, continued rollout of transportation and warehousing networks, and the rise in demand for processed and canned food items.
Cold Chain Packaging Market Report Highlights:
- Amid the COVID-19 pandemic, governments across the globe are emphasizing on providing ample medicinal supply to the healthcare facilities. With the increasing tests per day, the transit of blood samples is also increasing, thereby increasing the need for reliable temperature-controlled packaging solutions in the pharmaceutical and healthcare industry.
- The evolution of the smart technologies, such as smart boxes or smart temperature-controlled packaging solutions that provide real-time data on variations in temperature, humidity, and air pressure, is expected to drive the future growth of the market.
- The increasing emphasis on low ozone depletion potential (ODP) and low global warming potential (GWP) gases is expected to boost demand for natural and inorganic refrigerants such as ammonia and carbon dioxide.
- The fruits & vegetable segment is expected to grow at a significant compound annual growth rate (CAGR) of more than 20% from 2020 to 2027 owing to the increasing demand for fresh vegetables and fruits from end consumers across the globe.
- Market players are expanding their regional presence through mergers, acquisitions, and partnerships by establishing a network of distributors located in different regions. For instance, Pelican Products, Inc. has a network of dealers located in South America (NatBio), Asia Pacific (Giddi Pharma, Pharmaserv Express, and others), and Europe (DS Smith).
- Some of the key industry participants are Cold Chain Technologies, Cryopak A TCP Company, Pelican Products, Inc., Sofrigam, and Sonoco ThermoSafe.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Cold Chain Packaging Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.2. Manufacturing Trends
- 3.2.3. Sales Channel Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Challenges Analysis
- 3.4.4. Market Opportunity Analysis
- 3.5. Business Environment Analysis
- 3.5.1. Industry Analysis - Porter's Five Forces Analysis
- 3.5.1.1. Supplier Power
- 3.5.1.2. Buyer Power
- 3.5.1.3. Substitution Threat
- 3.5.1.4. Threat from New Entrant
- 3.5.1.5. Competitive Rivalry
- 3.5.2. PESTEL Analysis
- 3.5.2.1. Political Landscape
- 3.5.2.2. Environmental Landscape
- 3.5.2.3. Social Landscape
- 3.5.2.4. Technology Landscape
- 3.5.2.5. Economic Landscape
- 3.5.2.6. Legal Landscape
- 3.6. Latest Trends & Technologies in the Cold chain packaging Market
Chapter 4. Cold Chain Packaging Market: Material Estimates & Trend Analysis
- 4.1. Definition & Scope
- 4.2. Material Movement Analysis & Market Share, 2023 & 2030
- 4.3. Expanded Polystyrene (EPS)
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 4.4. Polyurethane Rigid Foam (PUR)
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 4.5. Paper & Paperboard
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 4.6. Others
- 4.6.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
Chapter 5. Cold Chain Packaging Market: Product Estimates & Trend Analysis
- 5.1. Definition & Scope
- 5.2. Product Movement Analysis & Market Share, 2023 & 2030
- 5.3. Insulated Pallet Shippers
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 5.4. Insulated Containers
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 5.5. Vacuum Insulated Panels
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 5.6. Gel Packs
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 5.7. Others
- 5.7.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
Chapter 6. Cold Chain Packaging Market: End Use Estimates & Trend Analysis
- 6.1. Definition & Scope
- 6.2. Application Movement Analysis & Market Share, 2023 & 2030
- 6.3. Fruits & Vegetables
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.4. Fruit & Pulp Concentrates
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.5. Dairy Products
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.5.2. Milk
- 6.5.2.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.5.3. Butter
- 6.5.3.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.5.4. Cheese
- 6.5.4.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.5.5. Ice Cream
- 6.5.5.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.6. Fish, Meat & Seafood
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.7. Processed Food
- 6.7.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.8. Pharmaceuticals
- 6.8.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.8.2. Vaccines
- 6.8.2.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.8.3. Blood Banking
- 6.8.3.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.9. Bakery & Confectionaries
- 6.9.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 6.10. Others
- 6.10.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
Chapter 7. Cold Chain Packaging Market: Regional Estimates & Trend Analysis
- 7.1. Key Takeaways
- 7.2. Regional Movement Analysis & Market Share, 2023 & 2030
- 7.3. North America
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.3.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.3.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.3.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.3.5. U.S.
- 7.3.5.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.3.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.3.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.3.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.3.6. Canada
- 7.3.6.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.3.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.3.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.3.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.3.7. Mexico
- 7.3.7.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.3.7.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.3.7.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.3.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.4. Europe
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.4.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.4.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.4.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.4.5. Germany
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.4.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.4.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.4.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.4.6. UK
- 7.4.6.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.4.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.4.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.4.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.4.7. France
- 7.4.7.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.4.7.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.4.7.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.4.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.4.8. Italy
- 7.4.8.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.4.8.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.4.8.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.4.8.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.4.9. Spain
- 7.4.9.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.4.9.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.4.9.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.4.9.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.5. Asia Pacific
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.5.5. China
- 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.5.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.5.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.5.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.5.6. India
- 7.5.6.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.5.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.5.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.5.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.5.7. Japan
- 7.5.7.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.5.7.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.5.7.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.5.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.5.8. South Korea
- 7.5.8.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.5.8.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.5.8.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.5.8.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.5.9. Australia
- 7.5.9.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.5.9.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.5.9.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.5.9.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.6. Central & South America
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.6.5. Brazil
- 7.6.5.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.6.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.6.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.6.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.6.6. Argentina
- 7.6.6.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.6.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.6.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.6.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.7. Middle East & Africa
- 7.7.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.7.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.7.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.7.5. Saudi Arabia
- 7.7.5.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.7.5.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.7.5.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.7.5.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.7.6. UAE
- 7.7.6.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.7.6.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.7.6.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.7.6.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
- 7.7.7. South Africa
- 7.7.7.1. Market estimates and forecasts, 2018 - 2030 (Million Units) (USD Million)
- 7.7.7.2. Market estimates and forecasts, by material, 2018 - 2030 (Million Units) (USD Million)
- 7.7.7.3. Market estimates and forecasts, by product, 2018 - 2030 (Million Units) (USD Million)
- 7.7.7.4. Market estimates and forecasts, by end use, 2018 - 2030 (Million Units) (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Key Players & Recent Developments & Their Impact on the Industry
- 8.2. Key Company/Competition Categorization (Key innovators, Market leaders, emerging players)
- 8.3. List of key Component Suppliers and Channel Partners
- 8.4. Company Market Share & Position Analysis, 2023
- 8.5. Company Heat Map Analysis
- 8.6. Competitive Dashboard Analysis
- 8.7. Strategy Mapping
- 8.7.1. Collaboration/ Partnerships/ Agreements
- 8.7.2. New Product launches
- 8.7.3. Mergers & Acquisitions
- 8.7.4. Research & Development
- 8.7.5. Others
- 8.8. List of Potential Customers, by End use
Chapter 9. Company Listing / Profiles
- 9.1. Cold chain Technologies
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.2. Cryopak
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.3. Sonoco Thermosafe
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.4. SOFRIGAM
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.5. Softbox Systems Ltd
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.6. Pelican Products, Inc.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.7. CSafe
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.8. TOWER Cold Chain Solutions
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.9. Sealed Air Corporation
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.10. CoolPac
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.11. Nordic Cold Chain Solutions
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.12. Global Cooling Inc.
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.13. Inmark LLC
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.14. Envirotainer AB
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.15. DGP Intelsius LLC
- 9.15.1. Company Overview
- 9.15.2. Financial Performance
- 9.15.3. Product Benchmarking
- 9.16. Vericool, Inc.
- 9.16.1. Company Overview
- 9.16.2. Financial Performance
- 9.16.3. Product Benchmarking
- 9.17. Emballages Cre-O-Pack Intl
- 9.17.1. Company Overview
- 9.17.2. Financial Performance
- 9.17.3. Product Benchmarking
- 9.18. TemperPack Technologies, Inc.
- 9.18.1. Company Overview
- 9.18.2. Financial Performance
- 9.18.3. Product Benchmarking
Chapter 10. Strategic Recommendations/ Analyst Perspective