Market Overview:
The global thermal insulated food packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into PUR insulation packaging, metallised insulation packaging, EPS insulation packaging, VIP insulation packaging and others. PUR insulation Packaging held a dominant share in 2017 and is projected to maintain its dominance during the forecast period as well. This can be attributed to its properties such as high thermal resistance and low water absorption which make it suitable for food applications. On the basis of application, meal kits are projected to be one of fastest-growing segments in terms of value during the forecast period from 2018 to 2030 followed by seafood applications.
Product Definition:
Thermal insulated food packaging is a type of packaging that is designed to keep food cold or hot for an extended period of time. This type of packaging is important because it helps to maintain the quality and freshness of food.
PUR Insulation Packaging:
PUR insulation packaging is a type of polyurethane foam that is produced using various types of chemicals. It offers excellent thermal insulation properties and can be used in food & beverage packaging applications to provide an effective barrier from heat transfer. The material has the ability to retain its insulating capabilities even when heated, which makes it ideal for use in hot environments such as a microwave oven or heating vent in a kitchen.
Metallised Insulation Packaging:
Metallised insulation packaging is a type of flexible packaging, which uses metal foils or films as an alternative to plastic. The product was developed in Germany and currently has applications in various industries including food & beverage, pharmaceuticals, chemicals and others. It offers several advantages over traditional packaging materials such as low cost & weight saving along with extended shelf life; thus making it ideal for the thermal insulated food packages market.
Application Insights:
Seafood application segment led the global thermal insulated food packaging market in 2017, accounting for a revenue share of over 30%. The growth can be attributed to rising demand for seafood and increasing disposable income among consumers in countries such as China, India and Thailand. Moreover, stringent government regulations regarding the safety of packaged food products are expected to drive product demand. For instance, Food Safety & Standard Authority of India (FSSAI)¢â‚¬â„¢s guidelines on safe storage temperatures states that temperature control is necessary while storing perishable foods including dairy products, meat/seafood and fruits/vegetables. This will further increase product demand during winters when weather permits people to cook more exotic cuisines at home.
Regional Analysis:
North America dominated the global market in 2017. The growth is majorly driven by the rising demand for meal kits and ready-to-eat food products in countries, such as U.S., Canada, and Mexico. Moreover, increasing penetration of e-commerce companies that provide these services will drive regional growth further.
Asia Pacific is expected to witness significant growth over the forecast period owing to factors such as growing population coupled with rising disposable income levels especially in developing economies including China.
Growth Factors:
- Increasing demand for convenience foods: The modern lifestyle has driven the demand for convenient and ready-to-eat foods. This has led to an increase in the use of thermal insulated food packaging, as it helps to maintain the freshness and quality of food products.
- Rising awareness about healthy eating habits: There is a growing awareness among consumers about the importance of healthy eating habits. This has led to an increase in the demand for fresh and nutritious food products, which can be preserved using thermal insulation technology.
- Growing popularity of online grocery shopping: The popularity of online grocery shopping is increasing rapidly, as it offers several advantages such as convenience and time savings. Thermal insulated food packaging helps to preserve the freshness and quality of groceries during transit, thus boosting its popularity among online shoppers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Insulated Food Packaging Market Research Report
By Type
PUR Insulation Packaging, Metallised Insulation Packaging, EPS Insulation Packaging, VIP Insulation Packaging, Others
By Application
Meal Kits, Seafood, Others (Beverages, etc.)
By Companies
Visy Industries, Orora Packaging Solutions, Wilpak Group, ABBE Corrugated, Planet Protector Packaging, Sealed Air, Pro-Pac Packaging Limited, Sancell, Thermal Ice, Insulated Products Corporation, Pearl Ice, Cryolux Group, Cryopak
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Insulated Food Packaging Market Report Segments:
The global Thermal Insulated Food Packaging market is segmented on the basis of:
Types
PUR Insulation Packaging, Metallised Insulation Packaging, EPS Insulation Packaging, VIP Insulation Packaging, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Meal Kits, Seafood, Others (Beverages, etc.)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Visy Industries
- Orora Packaging Solutions
- Wilpak Group
- ABBE Corrugated
- Planet Protector Packaging
- Sealed Air
- Pro-Pac Packaging Limited
- Sancell
- Thermal Ice
- Insulated Products Corporation
- Pearl Ice
- Cryolux Group
- Cryopak
Highlights of The Thermal Insulated Food Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PUR Insulation Packaging
- Metallised Insulation Packaging
- EPS Insulation Packaging
- VIP Insulation Packaging
- Others
- By Application:
- Meal Kits
- Seafood
- Others (Beverages, etc.)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thermal Insulated Food Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thermal insulation is a material that helps keep food cold or hot. Thermal packaging is a type of thermal insulation used to protect food from temperature fluctuations.
Some of the key players operating in the thermal insulated food packaging market are Visy Industries, Orora Packaging Solutions, Wilpak Group, ABBE Corrugated, Planet Protector Packaging, Sealed Air, Pro-Pac Packaging Limited, Sancell, Thermal Ice, Insulated Products Corporation, Pearl Ice, Cryolux Group, Cryopak.
The thermal insulated food packaging market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermal Insulated Food Packaging Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Thermal Insulated Food Packaging Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Thermal Insulated Food Packaging Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Thermal Insulated Food Packaging Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Thermal Insulated Food Packaging Market Size & Forecast, 2020-2028 4.5.1 Thermal Insulated Food Packaging Market Size and Y-o-Y Growth 4.5.2 Thermal Insulated Food Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PUR Insulation Packaging
5.2.2 Metallised Insulation Packaging
5.2.3 EPS Insulation Packaging
5.2.4 VIP Insulation Packaging
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Meal Kits
6.2.2 Seafood
6.2.3 Others (Beverages
6.2.4 etc.)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermal Insulated Food Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Thermal Insulated Food Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PUR Insulation Packaging
9.6.2 Metallised Insulation Packaging
9.6.3 EPS Insulation Packaging
9.6.4 VIP Insulation Packaging
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Meal Kits
9.10.2 Seafood
9.10.3 Others (Beverages
9.10.4 etc.)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PUR Insulation Packaging
10.6.2 Metallised Insulation Packaging
10.6.3 EPS Insulation Packaging
10.6.4 VIP Insulation Packaging
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Meal Kits
10.10.2 Seafood
10.10.3 Others (Beverages
10.10.4 etc.)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PUR Insulation Packaging
11.6.2 Metallised Insulation Packaging
11.6.3 EPS Insulation Packaging
11.6.4 VIP Insulation Packaging
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Meal Kits
11.10.2 Seafood
11.10.3 Others (Beverages
11.10.4 etc.)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PUR Insulation Packaging
12.6.2 Metallised Insulation Packaging
12.6.3 EPS Insulation Packaging
12.6.4 VIP Insulation Packaging
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Meal Kits
12.10.2 Seafood
12.10.3 Others (Beverages
12.10.4 etc.)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PUR Insulation Packaging
13.6.2 Metallised Insulation Packaging
13.6.3 EPS Insulation Packaging
13.6.4 VIP Insulation Packaging
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Meal Kits
13.10.2 Seafood
13.10.3 Others (Beverages
13.10.4 etc.)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Thermal Insulated Food Packaging Market: Competitive Dashboard
14.2 Global Thermal Insulated Food Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Visy Industries
14.3.2 Orora Packaging Solutions
14.3.3 Wilpak Group
14.3.4 ABBE Corrugated
14.3.5 Planet Protector Packaging
14.3.6 Sealed Air
14.3.7 Pro-Pac Packaging Limited
14.3.8 Sancell
14.3.9 Thermal Ice
14.3.10 Insulated Products Corporation
14.3.11 Pearl Ice
14.3.12 Cryolux Group
14.3.13 Cryopak