Insulated Shipping Boxes Market Outlook. Size, Share and Future Scope Analysis till Forecast 2023

Key Players

The major players profiled by MRFR that are operating in the global Insulated Shipping Boxes 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), American Aerogel Corporation (the U.S.), Thermal Packaging Solutions (Australia), TemperPack (the U.S.), Insulated Products Corp (the U.S), and Davis Core & Pad Co.(the U.S.)

Market Segmentation

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

Based on packaging type, the Insulated Shipping Boxes Market has been segmented into box & container, flexible blanket, bags, wraps, and others. Based on application, the Insulated Shipping Boxes 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 Shipping Boxes Market.

Regional Analysis

Geographically, the global Insulated Shipping Boxes 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 Shipping Boxes Market. High demand for insulated packaging in rapidly developing pharmaceutical and food and beverages industries is majorly driving the Insulated Shipping Boxes Market in the Asia Pacific region. In North America region, the Insulated Shipping Boxes 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 in this region. Increasing utilization of insulated packaging in the pharmaceutical is majorly driving the Insulated Shipping Boxes 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, Borealis, an Austria-based leader of innovative solutions in the field of base chemicals, polyolefins and fertilizers, has announced a strategic alliance with Bockatech, a U.K. based provider of patented EcoCore technology which is a new plastic molding technology for sustainable insulated packaging.

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

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