Insulated Packaging for Food Market Business Overview, Challenges, Opportunities, Trends And Market Analysis By 2023

Summary

Insulated Packaging for Food Market By Material (Glass, Plastic, Wood, Cupboard), Packaging type (Box & Container, Flexible Blanket, Bags, Wraps), Application (Food & Beverage, Industrial Goods, Personal Care), Region — Global Forecast Till 2023

Market Overview

Insulated Packaging for Food is made from materials with low thermal conductivity and higher heat resistance. The production and supply of temperature sensitive products from pharmaceutical, cosmetic and other industries have increased significantly.

Key Players

The major players profiled by MRFR that are operating in the global Insulated Packaging for Food market are Deutsche Post DHL (Germany), Amcor Ltd. (Australia), E.I. Du Pont De Nemours and Co. (the U.S.), Huhtamaki OYJ (Finland), Sonoco Products Company (the U.S.), Exeltainer (Spain).

Market Segmentation

The global Insulated Packaging for Food Market has been segmented on the basis of material, packaging type and application. Based on material, the Insulated Packaging for Food market has been segmented into glass, plastic, wood, cupboard, and others.

Based on packaging type, the Insulated Packaging for Food market has been segmented into box & container, flexible blanket, bags, wraps, and others. Based on application, the Insulated Packaging for Food market has been segmented into food and beverage, industrial, personal care, healthcare and others. Among these, the food and beverage segment is expanding with a significant market share in the global Insulated Packaging for Food market.

Regional Analysis

Geographically, the global Insulated Packaging for Food market has been segmented into four major regions such as Asia Pacific, North America, Europe, and the Middle East and Africa. The Asia Pacific region is market to project dominance over the global Insulated Packaging for Food market. High demand for Insulated Packaging for Food in rapidly developing pharmaceutical and food and beverages industries is majorly driving the Insulated Packaging for Food market in the Asia Pacific region. In North America region, the Insulated Packaging for Food market is majorly driven by the increasing demand for ready-to-eat food products, high-quality cosmetic products and other materials that require Insulated Packaging for Food in this region. Increasing utilization of Insulated Packaging for Food in the pharmaceutical is majorly driving the Insulated Packaging for Food market in the Europe region.

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Industry Updates

In October 2018, OptumRx, a specialist in pharmacy care services, has switched from expanded polystyrene to biodegradable and recyclable material for its refrigerated home delivery packaging

In October 2018, Aqua-Pak, a provider of logistics, Insulated Packaging for Food consulting and design services, has announced that it has acquired Mansonville plastic group of companies

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