Market Overview:
The global refrigerated ice pack market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for refrigerated transport and medical cold compress applications. The disposable type segment is expected to dominate the market during the forecast period, owing to its low cost and easy disposal nature. However, the reusable type segment is projected to grow at a higher CAGR during the forecast period, as it helps reduce environmental pollution and offers long-term savings over disposable types. North America dominates the global refrigerated ice pack market due in part to high demand for frozen food products in this region.
Product Definition:
A refrigerated ice pack is a device that is used to keep food cold. It consists of a plastic bag filled with water and ice cubes. The bag is placed in the freezer and allowed to freeze.
Disposable:
The global disposable, it's usage and growth factor in the refrigerated ice pack market is expected to witness significant growth over the forecast period. The major drivers for this market are increasing incidences of sports injuries and chronic pain due to arthritis & joint problems. Moreover, growing demand for home healthcare services is also fueling the demand for these products as they can be used by patients at home as well as in hospitals & clinics.
Reuseable:
Refrigerated ice packs are made of thin plastic film, which is usually derived from Polyethylene (PE), and sometimes from Polypropylene (PP). These films are used to store and transport frozen food products such as meat, fish, poultry & seafood; dairy products; fruits & vegetables; juices; etc.
Application Insights:
The application segment includes refrigerated transport, medical cold compress, emergency trauma treatment, and others. Refrigerated transport is expected to be the fastest-growing application segment over the forecast period owing to increasing demand for iced beverages and other frozen products across various end-use industries. The growth of this industry can be attributed to rising disposable income levels coupled with growing population in developing countries such as India and China.
Refrigerated ice packs are used during transportation of perishable food items such as fruits & vegetables that need to remain fresh until they reach their destination. These packs maintain temperature range required for safe transportation by replacing natural cooling process occurring during human transporting of these goods by keeping body core temperature constant.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. North America has a well-established healthcare infrastructure, which makes it an attractive regional market for medical devices and equipment manufacturers. Moreover, increasing demand for quality food products that are fresh and retain maximum nutritional value is driving the industry growth in this region.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to rising disposable income levels among consumers, coupled with growing health awareness among people from developing countries such as India and China. In addition, improving healthcare infrastructure due to government initiatives such as Ayushman Bharat Yojana (ABY) by Indian Government will boost product demand in this region over next eight years from 2018’s perspective till 2030 timeframe).
Growth Factors:
- Increasing demand for fresh and healthy food: The global population is growing at a rapid pace and with it the demand for fresh and healthy food. This is driving the refrigerated ice pack market as these packs help in preserving the quality of food products.
- Rising disposable income: A rise in disposable income leads to an increase in spending on luxury items such as refrigerated ice packs. This is helping to drive the growth of this market.
- Proliferation of supermarkets and convenience stores: Supermarkets and convenience stores are increasing at a rapid pace, especially in developing countries. This is providing a boost to the refrigerated ice pack market as these stores require these packs for storing food products safely.
Scope Of The Report
Report Attributes
Report Details
Report Title
Refrigerated Ice Pack Market Research Report
By Type
Disposable, Reuseable
By Application
Refrigerated Transport, Medical Cold Compress, Emergency Trauma Treatment, Others
By Companies
Shanghai Bingfan Industrial, Braz Plastic(Qingdao), Nanjing Perfect Medical Product, Xiamen Artborne Industrial, Jupin Group, Caremax Rehabilitation Equipment
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Refrigerated Ice Pack Market Report Segments:
The global Refrigerated Ice Pack market is segmented on the basis of:
Types
Disposable, Reuseable
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
Refrigerated Transport, Medical Cold Compress, Emergency Trauma Treatment, 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:
- Shanghai Bingfan Industrial
- Braz Plastic(Qingdao)
- Nanjing Perfect Medical Product
- Xiamen Artborne Industrial
- Jupin Group
- Caremax Rehabilitation Equipment
Highlights of The Refrigerated Ice Pack 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:
- Disposable
- Reuseable
- By Application:
- Refrigerated Transport
- Medical Cold Compress
- Emergency Trauma Treatment
- 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 Refrigerated Ice Pack 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
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- Consumer Insights
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- Product & Brand Management
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- 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?
Refrigerated ice packs are a type of medical ice pack. They are made from a material such as plastic or foam, and they are filled with cold water or saline solution. Refrigerated ice packs can be used to cool down the skin, muscles, and other tissues on the body.
Some of the key players operating in the refrigerated ice pack market are Shanghai Bingfan Industrial, Braz Plastic(Qingdao), Nanjing Perfect Medical Product, Xiamen Artborne Industrial, Jupin Group, Caremax Rehabilitation Equipment.
The refrigerated ice pack 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 Refrigerated Ice Pack 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 Refrigerated Ice Pack Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Refrigerated Ice Pack 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 Refrigerated Ice Pack 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 Refrigerated Ice Pack Market Size & Forecast, 2020-2028
4.5.1 Refrigerated Ice Pack Market Size and Y-o-Y Growth
4.5.2 Refrigerated Ice Pack 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 Disposable
5.2.2 Reuseable
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 Refrigerated Transport
6.2.2 Medical Cold Compress
6.2.3 Emergency Trauma Treatment
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Refrigerated Ice Pack 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 Refrigerated Ice Pack 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 Disposable
9.6.2 Reuseable
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 Refrigerated Transport
9.10.2 Medical Cold Compress
9.10.3 Emergency Trauma Treatment
9.10.4 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 Disposable
10.6.2 Reuseable
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 Refrigerated Transport
10.10.2 Medical Cold Compress
10.10.3 Emergency Trauma Treatment
10.10.4 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 Disposable
11.6.2 Reuseable
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 Refrigerated Transport
11.10.2 Medical Cold Compress
11.10.3 Emergency Trauma Treatment
11.10.4 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 Disposable
12.6.2 Reuseable
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 Refrigerated Transport
12.10.2 Medical Cold Compress
12.10.3 Emergency Trauma Treatment
12.10.4 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 Disposable
13.6.2 Reuseable
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 Refrigerated Transport
13.10.2 Medical Cold Compress
13.10.3 Emergency Trauma Treatment
13.10.4 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 Refrigerated Ice Pack Market: Competitive Dashboard
14.2 Global Refrigerated Ice Pack Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shanghai Bingfan Industrial
14.3.2 Braz Plastic(Qingdao)
14.3.3 Nanjing Perfect Medical Product
14.3.4 Xiamen Artborne Industrial
14.3.5 Jupin Group
14.3.6 Caremax Rehabilitation Equipment
