Market Overview:
The global insulated bin market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The high-density polyethylene insulated bin segment is expected to dominate the market in terms of revenue share during the forecast period. This can be attributed to its properties such as durability, resistance against corrosion and abrasion, and low thermal conductivity. The Asia Pacific region is projected to be the fastest-growing region in the global insulated bin market during the forecast period.
Product Definition:
An insulated bin is a container that is used to keep items cold or hot. The bin is usually made of plastic or metal and it has insulation inside of it to help keep the temperature consistent.
High-density Polyethylene Insulated Bin:
High-density polyethylene (HDPE) insulated bin is a type of storage that is widely used in various industries such as food & beverage, chemical, pharmaceuticals and others. It offers excellent resistance to moisture and temperature. The bins are made from high impact resistant HDPE material which makes them suitable for use in the pharmaceutical industry where the product comes into contact with chemicals and medicines on a daily basis.
Low-density Polyethylene Insulated Bin:
Low-density polyethylene (LDPE) insulated bin is a portable container made of plastic with excellent thermal insulation properties. It is widely used for storage and transportation of food, chemicals, pharmaceuticals, among other products that require temperature-controlled environment. LDPE insulated bins are available in different sizes and shapes to suit specific requirements.
Application Insights:
The commercial use segment dominated the global insulated bin market in terms of revenue share in 2017. The growth can be attributed to increasing demand from food processing industries, pharmaceutical industries and other industrial applications. Increasing investments by companies for expanding their business operations are also fueling the segment growth. For instance, In 2016, Rubbermaid Commercial Products Inc., a U.S.-based manufacturer of storage containers and organizers announced about acquiring rival company ¢â‚¬Å“Bins¢â‚¬ based out of Canada to expand its product offering for commercial application across Latin America and Asia Pacific regions.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid urbanization and increasing disposable income in emerging economies such as China, India, Indonesia, Vietnam and Thailand. Moreover, rising number of commercial buildings including shopping malls and retail showrooms will drive the demand for these bins over the forecast period.
Europe was valued at USD X million in 2017 owing to high consumption of binoculars by tourists across various countries such as Germany, France Italy U.K.
Growth Factors:
- Increasing demand for insulated bins in food and beverage industry for storage and transportation of products.
- Rising demand from end-use industries such as pharmaceuticals, chemicals, and cosmetics etc.
- Growing popularity of insulated bins among small-scale entrepreneurs owing to its low cost and easy portability feature
- Technological advancements in the manufacturing process of insulated bins that has resulted in high quality products with longer life span
Scope Of The Report
Report Attributes
Report Details
Report Title
Insulated Bin Market Research Report
By Type
High-density Polyethylene Insulated Bin, Low-density Polyethylene Insulated Bin, Polyurethane Insulated Bin
By Application
Residential Use, Commercial Use
By Companies
Bonar Plastics, Saeplast, K. K. Nag, Alison Handling Services, Barr Plastics, DACO, Aristoplast Products, TranPak, SmaK Plastics
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Insulated Bin Market Report Segments:
The global Insulated Bin market is segmented on the basis of:
Types
High-density Polyethylene Insulated Bin, Low-density Polyethylene Insulated Bin, Polyurethane Insulated Bin
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
Residential Use, Commercial Use
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:
- Bonar Plastics
- Saeplast
- K. K. Nag
- Alison Handling Services
- Barr Plastics
- DACO
- Aristoplast Products
- TranPak
- SmaK Plastics
Highlights of The Insulated Bin 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:
- High-density Polyethylene Insulated Bin
- Low-density Polyethylene Insulated Bin
- Polyurethane Insulated Bin
- By Application:
- Residential Use
- Commercial Use
- 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 Insulated Bin 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?
Insulated bins are a type of storage container made from insulation material. They are designed to keep food cold or hot for an extended period of time.
Some of the major companies in the insulated bin market are Bonar Plastics, Saeplast, K. K. Nag, Alison Handling Services, Barr Plastics, DACO, Aristoplast Products, TranPak, SmaK Plastics.
The insulated bin 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 Insulated Bin 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 Insulated Bin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Insulated Bin 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 Insulated Bin 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 Insulated Bin Market Size & Forecast, 2020-2028
4.5.1 Insulated Bin Market Size and Y-o-Y Growth
4.5.2 Insulated Bin 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 High-density Polyethylene Insulated Bin
5.2.2 Low-density Polyethylene Insulated Bin
5.2.3 Polyurethane Insulated Bin
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 Residential Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Insulated Bin 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 Insulated Bin 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 High-density Polyethylene Insulated Bin
9.6.2 Low-density Polyethylene Insulated Bin
9.6.3 Polyurethane Insulated Bin
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 Residential Use
9.10.2 Commercial Use
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 High-density Polyethylene Insulated Bin
10.6.2 Low-density Polyethylene Insulated Bin
10.6.3 Polyurethane Insulated Bin
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 Residential Use
10.10.2 Commercial Use
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 High-density Polyethylene Insulated Bin
11.6.2 Low-density Polyethylene Insulated Bin
11.6.3 Polyurethane Insulated Bin
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 Residential Use
11.10.2 Commercial Use
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 High-density Polyethylene Insulated Bin
12.6.2 Low-density Polyethylene Insulated Bin
12.6.3 Polyurethane Insulated Bin
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 Residential Use
12.10.2 Commercial Use
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 High-density Polyethylene Insulated Bin
13.6.2 Low-density Polyethylene Insulated Bin
13.6.3 Polyurethane Insulated Bin
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 Residential Use
13.10.2 Commercial Use
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 Insulated Bin Market: Competitive Dashboard
14.2 Global Insulated Bin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bonar Plastics
14.3.2 Saeplast
14.3.3 K. K. Nag
14.3.4 Alison Handling Services
14.3.5 Barr Plastics
14.3.6 DACO
14.3.7 Aristoplast Products
14.3.8 TranPak
14.3.9 SmaK Plastics
