Middle East & Africa Insulated Shippers Market Size & Outlook
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MEA insulated shippers market highlights
- The MEA insulated shippers market generated a revenue of USD 710.0 million in 2023.
- The market is expected to grow at a CAGR of 9.2% 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, Saudi Arabia is expected to register the highest CAGR from 2024 to 2028.
MEA data book summary
| Market revenue in 2023 | USD 710.0 million |
| Market revenue in 2028 | USD 1,104.8 million |
| Growth rate | 9.2% (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, MEA region accounted for 8.1% 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.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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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 |
Middle East & Africa 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 21.38% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
The Middle East and Africa is a promising market for insulated shippers market which consist of various emerging economies like Saudi Arabia, UAE, and South Africa. The region is expected to witness promising demand for insulated shippers due to higher demand from large pharmaceutical and food & beverage players. Companies like Sanofi, Novartis, Pfizer, GSK, and Novo Nordisk are driving the demand in the region.
Countries like Saudi Arabia and UAE are planning to reduce the dependency of the economy on oil. Initiatives like Saudi Vision 2030 are expected to attract investments in life sciences, agriculture, Meat, and e-commerce sectors. Lockdown caused by the outbreak of the COVID19 pandemic has augmented the demand for the insulated shippers from end-use industries like pharmaceutical, home delivery, and agricultural industries.
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Target buyers of Middle East & Africa insulated shippers market databook
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Our clientele includes a mix of insulated shippers market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 continent-level data and insights on the Middle East & Africa insulated shippers market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa insulated shippers market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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MEA insulated shippers market size, by country, 2018-2028 (US$M)
Middle East & Africa Insulated Shippers Market Outlook Share, 2023 & 2028 (US$M)
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