Isothermal Bags & Containers Market Report

Isothermal Bags & Containers Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2018 To 2025

  • Published Date: ---
  • Base Year for Estimate:
  • Report ID: GVR5535
  • Format: Electronic (PDF)
  • Historical Data:
  • Number of Pages: 0

The global isothermal bags & containers market is expected to grow significantly over the forecast period mainly on account of growing trade of goods and commodities worldwide. Rising need for safe transportation via effective packaging solutions can further fuel the demand. Isothermal bags and containers are both rigid and semi-rigid in nature. Their isothermal lining is made of aluminum and other plastic material. These bags and containers are capable of maintaining the temperature between -80°C to +25°C. They are widely used in logistics and transportation of perishable products. Furthermore, these bags and containers protection the products for approximately 48 to 144 hours.

Based on material, the global market for isothermal bags and containers can be categorized into Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS), Polyurethane (PU), and nylon among others. PU is the predominantly used material type as it maintains temperature of packaged products for longer duration. Expanded polyurethane bags and containers offer very high thermal conductivity coupled with high mechanical strength. They can offer manageable temperatures up to 144 hours. Polystyrene is chlorofluorocarbon free and is highly recyclable. These properties are anticipated to further fuel its demand.

In terms of product, the market can be segmented into bags and containers. Containers dominated the market in 2017 owing to relatively higher mechanical strength of the products. They are predominantly used in long-distance logistics that demand secure packaging for extended time. Bags segment is expected to expand at a higher CAGR and is expected to occupy a sizeable market share over the forecast period. Flexibility and lightweight characteristics of these products reduce the transport costs, which, in turn, is anticipated to drive the demand in the forthcoming years.

Based on application, the isothermal bags & containers market can be split into pharmaceuticals, food, chemical, and others. Pharmaceutical is anticipated to lead in terms of demand as the drugs, vaccines, and biological products require highly temperature controlled logistics. Isothermal containers and bags prevent alteration of drug properties throughout the span of transport. Pharmaceutical is followed by food sector owing to rising demand for frozen foods and ready-made meals. Demand for convenience foods and ready-to-eat and on-the-go meals is fostered by rising disposable income, especially in emerging countries such as India and Brazil. However, presence of substitutes such as cost effective isothermal cargo covers can hinder market growth.

Among regions, North America accounts for a larger market share in terms of revenue, owing to the steady growth of pharmaceutical and food industries. Increasing trade is anticipated to further fuel the regional product demand in the forthcoming years. Asia Pacific also holds a sizable market share owing to the high demand for drugs and vaccines coupled with preference for convenience foods.

Key vendors in the global isothermal bags & containers market are undertaking various business strategies such as facility expansions with greater investments to expand their business. Some of the major vendors include Sonoco Products Company; Cryopak Europe; Pelican BioThermal; Cold & Co; and ACH Foam Technologies, Inc. Other prominent companies include Saeplast, AccsA’tech, Insulated Products Corporation, TKT GmbH, Snyder Industries and Envirotainer AB.

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $5,950
Multi User (2-5) - $6,950
Enterprise Access - $8,950

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified