Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Icepacks Market by Type (Disposable Icepacks, Reusable Icepacks), By Application (Food & Beverage, Medical & Healthcare, Chemicals, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Icepacks Market by Type (Disposable Icepacks, Reusable Icepacks), By Application (Food & Beverage, Medical & Healthcare, Chemicals, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 247812 4200 Packaging 377 212 Pages 4.6 (34)
                                          

Market Overview:


The global icepacks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for disposable and reusable icepacks from various end-use industries such as food & beverage, medical & healthcare, chemicals, and others. In terms of type, the disposable icepacks segment is projected to grow at a higher CAGR than the reusable icepacks segment during the forecast period. This can be attributed to their low cost and easy availability across regions.


Global Icepacks Industry Outlook


Product Definition:


Icepacks are a device used to apply cold temperatures to an area of the body. This can be done in order to reduce pain, swelling, or inflammation. Icepacks are often used after injuries in order to help reduce swelling.


Disposable Icepacks:


Disposable icepacks are made of plastic and foam. They are available in different sizes, shapes and can be customized as per the requirements. These packs come with a zippered top which makes it convenient to use them for a longer time period without having to empty the pack or wash it. The material used is hypoallergenic, non-toxic, FDA approved and lead free which makes these packs safe for medical use as well as long term storage at home.


Reusable Icepacks:


Reusable icepacks are made of thin plastic and come in various forms such as gel packs, liquid cold packs, and dry ice. They are used to reduce swelling and inflammation after an injury or surgery. The reusable icepack is filled with frozen water or a mixture of frozen water, glycerin, & salt which helps in reducing the swelling by constricting the blood vessels.


Application Insights:


The food and beverage application segment led the global market in 2017. The demand for icepacks is majorly driven by their applications in the cold chain industry, which includes retail, e-commerce and food processing sectors. The increasing popularity of online shopping due to various benefits including convenience, ease of payment options and wide product range has positively impacted the growth of this application segment.


The medical & healthcare sector is anticipated to witness significant growth over the forecast period owing to rising incidences of chronic diseases such as cardiovascular diseases, cancer etc., across regions coupled with an increase in patient mortality rates resulting from trauma injuries or accidents. These factors are expected to drive demand for reusable icepacks over disposable ones owing to higher hygiene standards required for medical equipment at hospitals or other healthcare facilities.


Regional Analysis:


North America dominated the global market in 2017 owing to the presence of a large number of icepack manufacturers and suppliers coupled with high healthcare expenditure in this region. The demand for icepacks is expected to grow due to increasing cases of chronic diseases such as cardiac arrests, stroke, and heart failure.


Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels among consumers along with an increase in medical tourism activities. In addition, rapidly growing food & beverage industry coupled with increasing investments by foreign players for setting up manufacturing facilities will drive regional growth over the next eight years.          ‰â€˜”©â€™ Ice Pack Supplies Ltd., Canada; ‘”©â€™ Medi-Ice Pack Corp., U.S.; ‘Medifreeze' Inc.


Growth Factors:


  • Increasing demand for convenient and healthy food options
  • Rising disposable income of consumers
  • Growing awareness about the health benefits of icepacks
  • Proliferation of e-commerce platforms and increasing online sales
  • Expansion of retail outlets and growing demand for promotional products

Scope Of The Report

Report Attributes

Report Details

Report Title

Icepacks Market Research Report

By Type

Disposable Icepacks, Reusable Icepacks

By Application

Food & Beverage, Medical & Healthcare, Chemicals, Other

By Companies

3M, Accurate Manufacturing, Inc., Arctic Ice LLC, Cardinal Health Inc., Merck KGaA, Cold Chain Technologies, Cryopak, King Brand Healthcare Products Ltd., Techni Ice, LloydsPharmacy, SEA Olympus Marketing Inc, Microban Products Company, IceWraps

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

212

Number of Tables & Figures

149

Customization Available

Yes, the report can be customized as per your need.


Global Icepacks Market Report Segments:

The global Icepacks market is segmented on the basis of:

Types

Disposable Icepacks, Reusable Icepacks

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, Medical & Healthcare, Chemicals, Other

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:

  1. 3M
  2. Accurate Manufacturing, Inc.
  3. Arctic Ice LLC
  4. Cardinal Health Inc.
  5. Merck KGaA
  6. Cold Chain Technologies
  7. Cryopak
  8. King Brand Healthcare Products Ltd.
  9. Techni Ice
  10. LloydsPharmacy
  11. SEA Olympus Marketing Inc
  12. Microban Products Company
  13. IceWraps

Global Icepacks Market Overview


Highlights of The Icepacks Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Disposable Icepacks
    2. Reusable Icepacks
  1. By Application:

    1. Food & Beverage
    2. Medical & Healthcare
    3. Chemicals
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Icepacks 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:

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  • Market Entry Strategies
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Global Icepacks Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Icepacks are a type of cold therapy that use frozen water or ice to reduce inflammation and pain.

Some of the key players operating in the icepacks market are 3M, Accurate Manufacturing, Inc., Arctic Ice LLC, Cardinal Health Inc., Merck KGaA, Cold Chain Technologies, Cryopak, King Brand Healthcare Products Ltd., Techni Ice, LloydsPharmacy, SEA Olympus Marketing Inc, Microban Products Company, IceWraps.

The icepacks 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 Icepacks 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 Icepacks Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Icepacks 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 Icepacks 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 Icepacks Market Size & Forecast, 2018-2028       4.5.1 Icepacks Market Size and Y-o-Y Growth       4.5.2 Icepacks Market Absolute $ Opportunity

Chapter 5 Global Icepacks 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 Icepacks Market Size Forecast by Type
      5.2.1 Disposable Icepacks
      5.2.2 Reusable Icepacks
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Icepacks 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 Icepacks Market Size Forecast by Applications
      6.2.1 Food & Beverage
      6.2.2 Medical & Healthcare
      6.2.3 Chemicals
      6.2.4 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Icepacks 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 Icepacks 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 Icepacks Analysis and Forecast
   9.1 Introduction
   9.2 North America Icepacks 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 Icepacks Market Size Forecast by Type
      9.6.1 Disposable Icepacks
      9.6.2 Reusable Icepacks
   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 Icepacks Market Size Forecast by Applications
      9.10.1 Food & Beverage
      9.10.2 Medical & Healthcare
      9.10.3 Chemicals
      9.10.4 Other
   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 Icepacks Analysis and Forecast
   10.1 Introduction
   10.2 Europe Icepacks 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 Icepacks Market Size Forecast by Type
      10.6.1 Disposable Icepacks
      10.6.2 Reusable Icepacks
   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 Icepacks Market Size Forecast by Applications
      10.10.1 Food & Beverage
      10.10.2 Medical & Healthcare
      10.10.3 Chemicals
      10.10.4 Other
   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 Icepacks Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Icepacks 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 Icepacks Market Size Forecast by Type
      11.6.1 Disposable Icepacks
      11.6.2 Reusable Icepacks
   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 Icepacks Market Size Forecast by Applications
      11.10.1 Food & Beverage
      11.10.2 Medical & Healthcare
      11.10.3 Chemicals
      11.10.4 Other
   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 Icepacks Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Icepacks 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 Icepacks Market Size Forecast by Type
      12.6.1 Disposable Icepacks
      12.6.2 Reusable Icepacks
   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 Icepacks Market Size Forecast by Applications
      12.10.1 Food & Beverage
      12.10.2 Medical & Healthcare
      12.10.3 Chemicals
      12.10.4 Other
   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) Icepacks Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Icepacks 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) Icepacks Market Size Forecast by Type
      13.6.1 Disposable Icepacks
      13.6.2 Reusable Icepacks
   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) Icepacks Market Size Forecast by Applications
      13.10.1 Food & Beverage
      13.10.2 Medical & Healthcare
      13.10.3 Chemicals
      13.10.4 Other
   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 Icepacks Market: Competitive Dashboard
   14.2 Global Icepacks Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 3M
      14.3.2 Accurate Manufacturing, Inc.
      14.3.3 Arctic Ice LLC
      14.3.4 Cardinal Health Inc.
      14.3.5 Merck KGaA
      14.3.6 Cold Chain Technologies
      14.3.7 Cryopak
      14.3.8 King Brand Healthcare Products Ltd.
      14.3.9 Techni Ice
      14.3.10 LloydsPharmacy
      14.3.11 SEA Olympus Marketing Inc
      14.3.12 Microban Products Company
      14.3.13 IceWraps

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