Market Overview:
The global reusable icepacks 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 food and beverage, medical and healthcare, chemicals, and other applications across the globe. In terms of type, the dry ice bag segment is expected to lead the global reusable icepacks market during the forecast period. This can be attributed to its easy availability and low price as compared to other types of reusable icepacks.
Product Definition:
Reusable icepacks are gel-based packs that can be frozen and used multiple times. They are important for keeping food cold during transport or for use in cooling therapy applications.
Dry Ice Bag:
Dry ice bag is a frozen block of carbon dioxide. It's produced by compressing dry ice at very low temperatures ( -80°C or -60°C) and then allowing it to slowly melt, which gives the product its distinctive shape. The product is usually sold in sheets or blocks that can be used for various applications including injury prevention, treatment of bone fractures, and as an emergency blanket in cold countries with frosty weather.
Gel Bag:
Gel bags are made of gel packs and are used as an alternative to icepacks. They can be used for both therapeutic and cosmetic purposes. Therapeutic usage includes treatment of swelling, inflammation & pain caused by arthritis, osteoporosis or muscle sprains; while cosmetic usage includes cooling down the skin temperature after waxing or hair removal treatments.
Application Insights:
The food and beverage application segment accounted for the largest revenue share in 2017. The product is widely used in the production of fruits, vegetables, dairy products, bakery and confectionery items due to its ability to maintain freshness and nutritional properties. Furthermore, increasing demand for sustainable packaging solutions will drive the industry growth over the forecast period.
Medical & healthcare application segment is expected to witness significant growth over the forecast period owing to rising demand from countries such as India, China Japan Brazil etc.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing disposable income, changing lifestyles and rapid industrialization in emerging economies including China and India. In addition, rising demand for food delivery service is anticipated to drive the market growth over the forecast period.
Europe was valued at USD X million in 2017 owing to high consumption of icepacks due to cold weather conditions especially during winter season across countries such as Germany, France, Italy and Russia among others. Moreover, medical & healthcare industry is also one of the significant sectors driving reusable icepack demand in Europe due its wide application scope in various departments such as surgery room or intensive care unit (ICU) among others’ rooms thus boosting market growth over there.
Growth Factors:
- Increasing demand for convenient and healthy food options
- Rising disposable income of consumers
- Proliferation of e-commerce platforms
- Growing popularity of outdoor activities and sports
- Technological advancements in the manufacturing process
Scope Of The Report
Report Attributes
Report Details
Report Title
Reusable Icepacks Market Research Report
By Type
Dry Ice Bag, Gel Bag, Other
By Application
Food & Beverage, Medical & Healthcare, Chemicals, Other
By Companies
M, 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
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Reusable Icepacks Market Report Segments:
The global Reusable Icepacks market is segmented on the basis of:
Types
Dry Ice Bag, Gel Bag, Other
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:
- M
- 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
Highlights of The Reusable Icepacks 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:
- Dry Ice Bag
- Gel Bag
- Other
- By Application:
- Food & Beverage
- Medical & Healthcare
- Chemicals
- Other
- 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 Reusable 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:
- 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?
Reusable icepacks are a type of cold weather gear that can be used multiple times. They are made from materials such as plastic, foam, or cloth and come in different sizes to fit most objects. When the icepack is full of water, it can be sealed with a band or clip and stored for later use.
Some of the key players operating in the reusable icepacks market are M, 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.
The reusable 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 Reusable 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 Reusable Icepacks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reusable 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 Reusable 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 Reusable Icepacks Market Size & Forecast, 2020-2028
4.5.1 Reusable Icepacks Market Size and Y-o-Y Growth
4.5.2 Reusable Icepacks 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 Dry Ice Bag
5.2.2 Gel Bag
5.2.3 Other
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 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 Reusable 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 Reusable 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 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 Dry Ice Bag
9.6.2 Gel Bag
9.6.3 Other
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 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 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 Dry Ice Bag
10.6.2 Gel Bag
10.6.3 Other
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 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 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 Dry Ice Bag
11.6.2 Gel Bag
11.6.3 Other
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 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 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 Dry Ice Bag
12.6.2 Gel Bag
12.6.3 Other
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 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) 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 Dry Ice Bag
13.6.2 Gel Bag
13.6.3 Other
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 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 Reusable Icepacks Market: Competitive Dashboard
14.2 Global Reusable Icepacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
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
