Latin America Insulated Shippers Market Size & Outlook
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Latin America insulated shippers market highlights
- The Latin America insulated shippers market generated a revenue of USD 523.6 million in 2023.
- The market is expected to grow at a CAGR of 9.5% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2028.
Latin America data book summary
| Market revenue in 2023 | USD 523.6 million |
| Market revenue in 2028 | USD 823.2 million |
| Growth rate | 9.5% (CAGR from 2023 to 2028) |
| Largest segment | Eps |
| Fastest growing segment | Biodegradables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 6.0% of the global insulated shippers market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,008.4 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 |
Latin America 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 21.39% in 2023. Horizon Databook has segmented the Latin America 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.
Central & South America held least share of the global insulated shippers market in 2020. However, Central & South America insulated shippers market is expected to grow significantly over the forecast period owing to the strong demand from end-use industries. Furthermore, the demand for online groceries is significantly higher in Central & South America compared to other regions.
Factors such as strong demand from end-use industries and expanding online grocery platforms in the region are anticipated to positively influence the growth of insulated shippers market. Central & South America is one of the major producers and exporters of meat products, as of 2020.
In terms of global production, the region accounted for approximately 23% and 21.40% of beef and poultry meat, respectively, in 2020. Therefore, large-scale meat production and trade is expected to offer significant opportunities for insulated shippers market in the Central & South America.
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Our clientele includes a mix of insulated shippers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America insulated shippers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America insulated shippers market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America insulated shippers market size, by country, 2018-2028 (US$M)
Latin America Insulated Shippers Market Outlook Share, 2023 & 2028 (US$M)
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