Market Overview:
The global bulk insulated containers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food and beverage products, chemicals, and other consumer goods. In addition, the growing automotive industry is also contributing to the growth of this market. The use of bulk insulated containers helps in reducing energy consumption and improving product quality by maintaining the desired temperature range. These containers are made up of plastic or metal and are used for various applications such as food & beverage, chemicals, consumer goods, automotive, and others. The North America region dominates the global bulk insulated containers market followed by Europe and Asia Pacific regions respectively.
Product Definition:
A bulk insulated container is a large, insulated shipping container used to store or transport goods that need to be kept cool or frozen. These containers are often used in the food industry to ship perishable items, and they can also be used for other types of cargo that need to be kept at a specific temperature. Bulk insulated containers are important for keeping goods cool or frozen during transportation, which can help reduce spoilage and increase profits.
Plastic:
Plastic is a durable, versatile, lightweight material that can be recycled and reused. It is produced in numerous varieties and used for packaging a range of products including food & beverages, chemicals & fertilizers, personal care products and electronics. The global plastic market size was estimated at 13 billion tons in 2015 which increased by 10% from 2014.
Metal:
Metal and its usage in Bulk Insulated Containers market is used for various applications such as thermal, mechanical or electrical insulation. The metal types commonly used are steel, aluminum and copper. These metals when mixed with the proper amount of filler materials (in this case polymers) can be utilized to manufacture a highly effective bulk insulated container that is capable of maintaining temperature levels within a controlled range during transportation or storage.
Application Insights:
The food and beverage application segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to factors such as increasing demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods and desserts among others. In addition, growing concerns regarding product quality coupled with rising consumer disposable income levels are expected to drive the industry over the forecast period.
Chemicals is another prominent segment that is anticipated to witness significant growth during the study period owing to factors such as stringent regulations on transportation of chemicals at different temperatures throughout various regions coupled with growing awareness about product safety among consumers globally. Increasing use of chemical insulation products in industries such as pharmaceuticals and food processing will further propel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of the total revenue in 2016 owing to high product demand from various end-use industries, such as food & beverage, chemicals, consumer goods and automotive. China is one of the largest producers and consumers of bulk insulated containers globally.
The growing manufacturing sector coupled with increasing investments by foreign players in India has led to an increase in production activities across several industries including pharmaceuticals, food & beverages among others which will drive growth over next eight years. North America emerged as second most prominent regional market accounting for a share of more than 20% volume share in 2016 owing to rising demand from cold chain operators particularly those operating within U.S.
Growth Factors:
- Increasing demand for frozen food and beverages: The global frozen food market is projected to grow at a CAGR of 5.4% from 2016 to 2021. This growth can be attributed to the changing lifestyles and growing demand for convenience foods, especially in developing countries. Bulk insulated containers are well-suited for storing and transporting frozen food items as they help maintain the required temperature range and prevent freezer burn.
- Proliferation of e-commerce: Online retail is witnessing rapid growth across the world, with sales expected to reach trillion by 2020. This is largely due to increased internet penetration, rising consumer spending, and growing preference for buying goods online. Bulk insulated containers are ideal for shipping perishable items such as fruits, vegetables, meat, dairy products, etc., through e-commerce channels as they help maintain the freshness of these items during transit.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bulk Insulated Containers Market Research Report
By Type
Plastic, Metal
By Application
Food & Beverage, Chemicals, Consumer Goods, Automotive, Others
By Companies
Port Containers, Daco Corporation, Saeplast Americas, Berlin Packaging, Fach Pak, Loboy, Bonar Plastics, ThermoSafe
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Bulk Insulated Containers Market Report Segments:
The global Bulk Insulated Containers market is segmented on the basis of:
Types
Plastic, Metal
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
Food & Beverage, Chemicals, Consumer Goods, Automotive, Others
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:
- Port Containers
- Daco Corporation
- Saeplast Americas
- Berlin Packaging
- Fach Pak
- Loboy
- Bonar Plastics
- ThermoSafe
Highlights of The Bulk Insulated Containers 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:
- Plastic
- Metal
- By Application:
- Food & Beverage
- Chemicals
- Consumer Goods
- Automotive
- Others
- 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 Bulk Insulated Containers 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Bulk insulated containers (BICs) are large, rigid, polyethylene or HDPE plastic containers that are filled with insulation material and sealed. They are used to store food and other perishable items in cold weather.
Some of the key players operating in the bulk insulated containers market are Port Containers, Daco Corporation, Saeplast Americas, Berlin Packaging, Fach Pak, Loboy, Bonar Plastics, ThermoSafe.
The bulk insulated containers 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 Bulk Insulated Containers 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 Bulk Insulated Containers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bulk Insulated Containers 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 Bulk Insulated Containers 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 Bulk Insulated Containers Market Size & Forecast, 2020-2028
4.5.1 Bulk Insulated Containers Market Size and Y-o-Y Growth
4.5.2 Bulk Insulated Containers 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 Plastic
5.2.2 Metal
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 Food & Beverage
6.2.2 Chemicals
6.2.3 Consumer Goods
6.2.4 Automotive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bulk Insulated Containers 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 Bulk Insulated Containers 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 Plastic
9.6.2 Metal
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 Food & Beverage
9.10.2 Chemicals
9.10.3 Consumer Goods
9.10.4 Automotive
9.10.5 Others
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 Plastic
10.6.2 Metal
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 Food & Beverage
10.10.2 Chemicals
10.10.3 Consumer Goods
10.10.4 Automotive
10.10.5 Others
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 Plastic
11.6.2 Metal
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 Food & Beverage
11.10.2 Chemicals
11.10.3 Consumer Goods
11.10.4 Automotive
11.10.5 Others
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 Plastic
12.6.2 Metal
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 Food & Beverage
12.10.2 Chemicals
12.10.3 Consumer Goods
12.10.4 Automotive
12.10.5 Others
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 Plastic
13.6.2 Metal
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 Food & Beverage
13.10.2 Chemicals
13.10.3 Consumer Goods
13.10.4 Automotive
13.10.5 Others
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 Bulk Insulated Containers Market: Competitive Dashboard
14.2 Global Bulk Insulated Containers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Port Containers
14.3.2 Daco Corporation
14.3.3 Saeplast Americas
14.3.4 Berlin Packaging
14.3.5 Fach Pak
14.3.6 Loboy
14.3.7 Bonar Plastics
14.3.8 ThermoSafe
