Market Overview:
The global cold packs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cold packs from various applications such as hospitals, athletes, biological laboratories, and households. In addition, the growing awareness about the benefits of using cold packs is also contributing to the growth of this market.
Product Definition:
A cold pack is a device used to apply cold therapy to an area of the body. It is a bag filled with a material that becomes cold when it comes into contact with water. Cold packs are used to treat injuries, such as muscle strains and bruises, and to reduce pain and swelling.
Repeatable Packs:
Repeatable packs are small, lightweight and durable packages that can be used multiple times. They are made from thin plastic film or aluminum foil and filled with dry ice which makes them extremely cold. The concept of repeatable pack was originated in the pharmaceutical industry for packaging sensitive drugs at extremely low temperatures to avoid damage during transportation and storage.
Disposable Packs:
Disposable packs are made from thin plastic film, which is unbreakable and waterproof. These packs are used for packaging various cold therapy products such as gel packs, ice bags, cold wraps and others. The product helps in retaining the product's temperature for a longer period of time. It also helps to keep the product free from contamination by preventing leakage or odor coming out of it.
Application Insights:
The application segment is segregated into hospital, athletes, biological laboratory and household. The hospital application segment held the largest share of over 60.0% in 2017 owing to its primary use for the treatment of hypothermia and other injuries sustained during outdoor activities or accidents at high altitudes. Cold packs are also used for pain management as well as to reduce inflammation after sports or physical activity.
Regional Analysis:
North America dominated the global cold packs market in 2017 owing to high demand for disposable cold packs and increasing healthcare expenditure. The region is expected to witness a CAGR of XX% over the forecast period, with U.S being the major revenue contributor due to rising prevalence of chronic diseases such as cancer, diabetes, and cardiovascular disorders among others that require long-term therapy at low temperature.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rapid economic development coupled with increasing awareness about alternative therapies for common ailments especially in developing countries such as China and India which are also major consumers of this product category like Japan.
Growth Factors:
- Increasing demand for cold packs from the food and beverage industry as a result of the increasing popularity of ready-to-eat and processed foods.
- Growing demand for cold packs from the pharmaceutical sector due to their use in drug delivery and storage applications.
- Rising demand for cold packs from the healthcare sector as a result of their increasing use in first aid kits, surgical procedures, and other medical treatments.
- Increasing awareness about the benefits of using cold packs among consumers, which is driving their adoption in personal care applications such as skin care and hair removal treatments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cold Packs Market Research Report
By Type
Repeatable Packs, Disposable Packs
By Application
Hospital, Athletes, Biological Laboratory, Household
By Companies
B.u.W. Schmidt, Bird & Cronin, Body Products, Chattanooga International, Fysiomed, KaWeCo, Phyto Performance Italia, Pic Solution, Rays, RehabMedic, B.u.W. Schmidt
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Cold Packs Market Report Segments:
The global Cold Packs market is segmented on the basis of:
Types
Repeatable Packs, Disposable Packs
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
Hospital, Athletes, Biological Laboratory, Household
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:
- B.u.W. Schmidt
- Bird & Cronin
- Body Products
- Chattanooga International
- Fysiomed
- KaWeCo
- Phyto Performance Italia
- Pic Solution
- Rays
- RehabMedic
- B.u.W. Schmidt
Highlights of The Cold Packs 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:
- Repeatable Packs
- Disposable Packs
- By Application:
- Hospital
- Athletes
- Biological Laboratory
- Household
- 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 Cold Packs 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?
A cold pack is a type of medical device that is used to reduce the temperature of a body part.
Some of the major companies in the cold packs market are B.u.W. Schmidt, Bird & Cronin, Body Products, Chattanooga International, Fysiomed, KaWeCo, Phyto Performance Italia, Pic Solution, Rays, RehabMedic, B.u.W. Schmidt.
The cold packs 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 Cold Packs 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 Cold Packs Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cold Packs 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 Cold Packs 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 Cold Packs Market Size & Forecast, 2020-2028 4.5.1 Cold Packs Market Size and Y-o-Y Growth 4.5.2 Cold Packs 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 Repeatable Packs
5.2.2 Disposable Packs
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 Hospital
6.2.2 Athletes
6.2.3 Biological Laboratory
6.2.4 Household
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cold Packs 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 Cold Packs 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 Repeatable Packs
9.6.2 Disposable Packs
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 Hospital
9.10.2 Athletes
9.10.3 Biological Laboratory
9.10.4 Household
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 Repeatable Packs
10.6.2 Disposable Packs
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 Hospital
10.10.2 Athletes
10.10.3 Biological Laboratory
10.10.4 Household
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 Repeatable Packs
11.6.2 Disposable Packs
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 Hospital
11.10.2 Athletes
11.10.3 Biological Laboratory
11.10.4 Household
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 Repeatable Packs
12.6.2 Disposable Packs
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 Hospital
12.10.2 Athletes
12.10.3 Biological Laboratory
12.10.4 Household
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 Repeatable Packs
13.6.2 Disposable Packs
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 Hospital
13.10.2 Athletes
13.10.3 Biological Laboratory
13.10.4 Household
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 Cold Packs Market: Competitive Dashboard
14.2 Global Cold Packs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B.u.W. Schmidt
14.3.2 Bird & Cronin
14.3.3 Body Products
14.3.4 Chattanooga International
14.3.5 Fysiomed
14.3.6 KaWeCo
14.3.7 Phyto Performance Italia
14.3.8 Pic Solution
14.3.9 Rays
14.3.10 RehabMedic
14.3.11 B.u.W. Schmidt