China Insulated Shippers Market Size & Outlook, 2023-2028
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China insulated shippers market highlights
- The China insulated shippers market generated a revenue of USD 1,013.4 million in 2023 and is expected to reach USD 1,658.3 million by 2028.
- The China market is expected to grow at a CAGR of 10.4% from 2024 to 2028.
- In terms of segment, eps was the largest revenue generating material in 2023.
- Biodegradables is the most lucrative material segment registering the fastest growth during the forecast period.
Insulated shippers market data book summary
| Market revenue in 2023 | USD 1,013.4 million |
| Market revenue in 2028 | USD 1,658.3 million |
| Growth rate | 10.4% (CAGR from 2023 to 2028) |
| Largest segment | Eps |
| Fastest growing segment | Biodegradables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper-based, Wool, EPS, EPP, Polyurethane, Metalized Bubble Wrap, Vacuum Insulated Panels, Biodegradables |
| Key market players worldwide | Sonoco Products Co, Sealed Air Corp, Cascades Inc, ICEE Containers Pty Ltd, Knauf, CSafe Global, Shiseido Co Ltd, Cryopak |
Other key industry trends
- In terms of revenue, China accounted for 11.6% of the global insulated shippers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China insulated shippers market is projected to lead the regional market in terms of revenue in 2028.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,016.1 million by 2028.
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Insulated Shippers Market Scope
Insulated Shippers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cascades Inc | View profile | 10000 | 404, Rue Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, Canada, J0A 1B0 | https://www.cascades.com |
| Knauf | View profile | 51-100 | Utrecht, Utrecht, The Netherlands, Europe | https://knauf.be/nl |
| ICEE Containers Pty Ltd | View profile | - | Tullamarine, Victoria, Australia, Oceania | http://www.iceefoldingbox.com |
| CSafe Global | View profile | 101-250 | Dayton, Ohio, United States, North America | http://csafeglobal.com |
| Cryopak | View profile | 101-250 | Edison, New Jersey, United States, North America | https://www.cryopak.com/ |
| Sealed Air Corp | View profile | 17000 | 2415 Cascade Pointe Boulevard, Charlotte, NC, United States, 28208 | https://www.sealedair.com |
| Shiseido Co Ltd | View profile | 35859 | 5-5 Ginza 7-chome, Chuo-ku, Tokyo, Japan, 104-0061 | http://www.shiseido.co.jp |
| Sonoco Products Co | View profile | 23000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | http://www.sonoco.com |
China insulated shippers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to insulated shippers market will help companies and investors design strategic landscapes.
Eps was the largest segment with a revenue share of 21.31% in 2023. Horizon Databook has segmented the China insulated shippers market based on paper-based, wool, eps, epp, polyurethane, metalized bubble wrap, vacuum insulated panels, biodegradables covering the revenue growth of each sub-segment from 2018 to 2028.
Among various countries, China emerged as a dominant country in the global insulated shippers market in 2020. This can largely be attributed to the presence of the world’s largest food industry in China. Furthermore, as of 2020, China was the world’s largest producer as well as consumer of fruits & vegetables and seafood.
Pharmaceutical industry in the country has been experiencing significant growth since the past few years owing to increasing private and public investment. In addition, food processing industry in the country is witnessing substantial growth owing to the high demand for processed food.
China was a leading producer of broccoli in the world and accounted for over 40% of the global broccoli production in 2020. The country produces 10.4 million tons of broccoli every year. Broccoli production in the country is witnessing significant year-on-year growth.
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Our clientele includes a mix of insulated shippers market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China insulated shippers market , including forecasts for subscribers. This country databook contains high-level insights into China insulated shippers market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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China insulated shippers market size, by material, 2018-2028 (US$M)
China Insulated Shippers Market Outlook Share, 2023 & 2028 (US$M)
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