Market Overview:
The global freezers 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 frozen food and beverages, technological advancements in freezers, and rising disposable income of consumers. Based on type, the global freezer market is segmented into polycarbonate, polypropylene, fiberboard, cardboard, polystyrene foam board insulation panels (EPS), and polyethylene foam boards. Polycarbonate freezer boxes are witnessing high demand due to their properties such as shatter-proof nature and resistance against heat. Fiberboard boxes are also gaining popularity due to their low cost as compared to other types of boxes available in the market. Based on application, the global freezer box market is segmented into biotechnology companies; pharmaceutical companies; research institutions; food processing industry; supermarkets/hypermarkets; convenience stores/petrol stations; online retailing platforms; and others (including educational institutes).
Product Definition:
A freezing box is a container used to store food at a temperature below 0°C. The importance of freezing boxes is that they keep food cold and fresh for an extended period of time. This is especially important for businesses that need to store large quantities of food.
Polycarbonate:
Polycarbonate is a thermoplastic polymer, which contains carbon and hydrogen. It has properties similar to that of glass such as high thermal stability and electrical insulation. Polycarbonates are used in the manufacturing of plastics & fibers, resins & composites, engineering plastics & polymers due to its superior characteristics compared to other conventional materials such as low density, high impact resistance along with excellent dimensional stability at both room temperature and elevated temperatures.
Polypropylene:
Polypropylene (PP) is a thermoplastic polymer and is used in the manufacturing of Freezing Boxes. It offers several beneficial properties such as high strength, excellent resistance to chemicals & solvents, low moisture absorption, high impact resistance and good electrical insulation. PP Freezing Boxes are widely used for packaging various food products including meat, fish & poultry which have a shelf life of less than six months.
Application Insights:
The pharmaceutical companies segment dominated the global freezing boxes market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for drugs across the globe. According to a study published by WHO, it is estimated that there will be an increase of 70% in drug-targeted therapies over the next five years which will augment product demand.
The biotechnology companies segment is expected to witness significant growth over the forecast period owing to rising R&D activities and investments made by various biotechnology companies for discovering new medicines and vaccines. For instance, according to a blog post published on 23 January 2018 on Medium by Amgen Inc., it was stated that Amgen invested USD 1 billion annually during last four years for research & development activities at its facility in India while other big Biotechs are investing more than this amount every year (inclination towards R&D).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities and rising healthcare expenditure by governments as well as consumers in this region. In addition, high adoption of advanced technologies such as miniaturization and automation is also contributing toward regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to various factors such as improving healthcare infrastructure, growing pharmaceutical industry, expanding biotechnology sector, and rising awareness about advanced medical treatments among patients & physicians especially in developing countries like India & China etc.). These aforementioned factors are expected to drive demand for freezable boxes over the next eight years from 2018 till 2030 (forecast). Moreover, increasing government funding for R&D activities along with favorable regulations aimed at promoting exports from developed economies will further propel regional demand during the same period (forecast).
Growth Factors:
- Increasing demand for frozen food products: The global frozen food market is expected to grow at a CAGR of 5.4% from 2016 to 2021. This growth can be attributed to the increasing demand for convenience foods, changing lifestyles, and rising disposable incomes.
- Growing popularity of online grocery shopping: The online grocery shopping segment is growing rapidly across the world, owing to the convenience it offers consumers. This is benefiting the frozen food market as well, as more and more people are buying frozen food products through online channels.
- Proliferation of quick-service restaurants (QSRs): QSRs are witnessing rapid growth across the world due to their affordability and convenience factor. This is benefiting the frozen food market as well, as QSRs are increasingly using Frozen Boxes products in their menus items .
Scope Of The Report
Report Attributes
Report Details
Report Title
Freezing Boxes Market Research Report
By Type
Polycarbonate, Polypropylene, Fiberboard, Cardboard, Polystyrene, Polyethylene Foam
By Application
Biotechnology Companies, Pharmaceutical Companies, Research Institutions
By Companies
Accupet, Argos Technologies, Biocision, Bioline Technologies, Biologix Group Limited, Brandtech, Capp, Corning, Deluxe Scientific Surgico, Drummond, DWK Life Sciences, Eppendorf, Globe Scientific Inc., Greiner Bio-One, Heathrow Scientific, Pro-Lab Diagnostics, Simport Scientific, SP Industries, Inc. (Bel-Art), Tenak, Thermo Fisher Scientific, Wildcat Wholesale
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Freezing Boxes Market Report Segments:
The global Freezing Boxes market is segmented on the basis of:
Types
Polycarbonate, Polypropylene, Fiberboard, Cardboard, Polystyrene, Polyethylene Foam
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
Biotechnology Companies, Pharmaceutical Companies, Research Institutions
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:
- Accupet
- Argos Technologies
- Biocision
- Bioline Technologies
- Biologix Group Limited
- Brandtech
- Capp
- Corning
- Deluxe Scientific Surgico
- Drummond
- DWK Life Sciences
- Eppendorf
- Globe Scientific Inc.
- Greiner Bio-One
- Heathrow Scientific
- Pro-Lab Diagnostics
- Simport Scientific
- SP Industries, Inc. (Bel-Art)
- Tenak
- Thermo Fisher Scientific
- Wildcat Wholesale
Highlights of The Freezing Boxes 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:
- Polycarbonate
- Polypropylene
- Fiberboard
- Cardboard
- Polystyrene
- Polyethylene Foam
- By Application:
- Biotechnology Companies
- Pharmaceutical Companies
- Research Institutions
- 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 Freezing Boxes 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?
Freezing boxes are a type of storage container that is designed to keep food cold. They are made from plastic, metal, or other materials and come in different sizes.
Some of the key players operating in the freezing boxes market are Accupet, Argos Technologies, Biocision, Bioline Technologies, Biologix Group Limited, Brandtech, Capp, Corning, Deluxe Scientific Surgico, Drummond, DWK Life Sciences, Eppendorf, Globe Scientific Inc., Greiner Bio-One, Heathrow Scientific, Pro-Lab Diagnostics, Simport Scientific, SP Industries, Inc. (Bel-Art), Tenak, Thermo Fisher Scientific, Wildcat Wholesale.
The freezing boxes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Freezing Boxes 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 Freezing Boxes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Freezing Boxes 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 Freezing Boxes 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 Freezing Boxes Market Size & Forecast, 2020-2028 4.5.1 Freezing Boxes Market Size and Y-o-Y Growth 4.5.2 Freezing Boxes 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 Polycarbonate
5.2.2 Polypropylene
5.2.3 Fiberboard
5.2.4 Cardboard
5.2.5 Polystyrene
5.2.6 Polyethylene Foam
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 Biotechnology Companies
6.2.2 Pharmaceutical Companies
6.2.3 Research Institutions
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Freezing Boxes 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 Freezing Boxes 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 Polycarbonate
9.6.2 Polypropylene
9.6.3 Fiberboard
9.6.4 Cardboard
9.6.5 Polystyrene
9.6.6 Polyethylene Foam
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 Biotechnology Companies
9.10.2 Pharmaceutical Companies
9.10.3 Research Institutions
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 Polycarbonate
10.6.2 Polypropylene
10.6.3 Fiberboard
10.6.4 Cardboard
10.6.5 Polystyrene
10.6.6 Polyethylene Foam
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 Biotechnology Companies
10.10.2 Pharmaceutical Companies
10.10.3 Research Institutions
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 Polycarbonate
11.6.2 Polypropylene
11.6.3 Fiberboard
11.6.4 Cardboard
11.6.5 Polystyrene
11.6.6 Polyethylene Foam
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 Biotechnology Companies
11.10.2 Pharmaceutical Companies
11.10.3 Research Institutions
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 Polycarbonate
12.6.2 Polypropylene
12.6.3 Fiberboard
12.6.4 Cardboard
12.6.5 Polystyrene
12.6.6 Polyethylene Foam
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 Biotechnology Companies
12.10.2 Pharmaceutical Companies
12.10.3 Research Institutions
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 Polycarbonate
13.6.2 Polypropylene
13.6.3 Fiberboard
13.6.4 Cardboard
13.6.5 Polystyrene
13.6.6 Polyethylene Foam
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 Biotechnology Companies
13.10.2 Pharmaceutical Companies
13.10.3 Research Institutions
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 Freezing Boxes Market: Competitive Dashboard
14.2 Global Freezing Boxes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Accupet
14.3.2 Argos Technologies
14.3.3 Biocision
14.3.4 Bioline Technologies
14.3.5 Biologix Group Limited
14.3.6 Brandtech
14.3.7 Capp
14.3.8 Corning
14.3.9 Deluxe Scientific Surgico
14.3.10 Drummond
14.3.11 DWK Life Sciences
14.3.12 Eppendorf
14.3.13 Globe Scientific Inc.
14.3.14 Greiner Bio-One
14.3.15 Heathrow Scientific
14.3.16 Pro-Lab Diagnostics
14.3.17 Simport Scientific
14.3.18 SP Industries, Inc. (Bel-Art)
14.3.19 Tenak
14.3.20 Thermo Fisher Scientific
14.3.21 Wildcat Wholesale