Market Overview:
The global thermal insulation lunch box market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for thermal insulation lunch boxes from both, household and commercial users. In terms of type, the stainless steel segment is expected to lead the global thermal insulation lunch box market during the forecast period. This can be attributed to its properties such as durability and resistance against corrosion. In terms of application, the household use segment is expected to lead the global thermal insulation lunch box market during the forecast period.
Product Definition:
Thermal insulation lunch box is a special type of lunch box that uses thermal insulation material to keep the food inside the lunch box cold or warm. This type of lunch box is very important for people who want to keep their food warm or cold because it can help to maintain the temperature of the food for a longer period of time.
Stainless Steel:
Stainless steel is a strong, corrosion-resistant, and lightweight metal. It has various beneficial properties such as high strength and ductility. Stainless steel is used in various industries including food packaging owing to its aesthetic appeal, durability along with chemical & temperature resistance.
The global stainless steel lunch box market size was valued at USD 472 million in 2015.
Plastic:
Plastic is a widely used material in the packaging industry. It can be categorized into two types, namely Polyethylene (PE) and Polypropylene (PP). The different properties of these plastic materials make them suitable for use in thermal insulation lunch boxes. Some of the other applications include bottles, containers, cups & saucers, plates & bowls and cutlery.
Application Insights:
The household use segment dominated the global thermal insulation lunch box market, accounting for over 60.0% share of the total revenue in 2017. The growth can be attributed to increasing disposable income among middle-class families across developed economies including U.S., Canada, Germany and France as a result of growing employment rate and strong economic growth since 1980s. Moreover, rapid urbanization in emerging economies including China, India and Brazil is expected to drive demand for residential construction which will further fuel product demand over the forecast period.
Commercial use is anticipated to witness significant growth owing to rising number of office workers spending more time at their desks due to increased pressure on businesses from various quarters including investors.
Regional Analysis:
Asia Pacific regional market accounted for the largest share of global revenue in 2017. The growing construction industry and increasing household disposable income are expected to drive the demand for thermal insulation products, such as lunch boxes, over the forecast period. In addition, rising awareness regarding health and safety is anticipated to propel demand from middle-class households in China and India.
The European regional market also held a significant share of global revenue in 2017 owing to high R&D investments by major companies pertaining to product innovation coupled with consumer preference shifting towards healthy food items at home instead of eating out or using takeaways. Moreover, consumers’ inclination towards purchasing insulated containers for hot beverages is projected to augment growth over the coming years.
North America region is expected witness considerable growth due its large presence of schools and colleges that use these products on a regular basis along with their students & faculty members; it also has a well-established restaurant & fast food industry across countries such as U.S.
Growth Factors:
- Increasing demand for thermal insulation lunch boxes from the food service industry as a result of growing awareness about the benefits of using these boxes for keeping food items hot or cold.
- Rising popularity of eco-friendly and sustainable products, which has led to an increase in demand for thermal insulation lunch boxes made from biodegradable materials.
- Growing demand for insulated lunch boxes among health-conscious consumers who are looking for ways to keep their food fresh and healthy.
- Increasing number of working women who prefer to take their lunches with them instead of eating out, driving demand for portable and lightweight thermal insulation lunch boxes.
- Proliferation of online retail channels, which has made it easier for consumers to purchase insulated lunchboxes at affordable prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Insulation Lunch Box Market Research Report
By Type
Stainless Steel, Plastic, Other
By Application
Household Use, Commercial Use
By Companies
THERMOS, Tiger Corporation, Zojirushi, Pacific Market International, LOCK&LOCK, Gipfel, Asvel, Zebra, Bentology, Kitchen Art, Haers, TAFUCO, SUPOR, ASD, Jieyang Xingcai Material, Guangdong Shunfa, King Boss, Guangzhou Zhenxing Industrial, Guangdong Dongcheng, Shanghai Hongchen, Xiamen Guanhua, Skater, Milton
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Insulation Lunch Box Market Report Segments:
The global Thermal Insulation Lunch Box market is segmented on the basis of:
Types
Stainless Steel, Plastic, 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
Household 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:
- THERMOS
- Tiger Corporation
- Zojirushi
- Pacific Market International
- LOCK&LOCK
- Gipfel
- Asvel
- Zebra
- Bentology
- Kitchen Art
- Haers
- TAFUCO
- SUPOR
- ASD
- Jieyang Xingcai Material
- Guangdong Shunfa
- King Boss
- Guangzhou Zhenxing Industrial
- Guangdong Dongcheng
- Shanghai Hongchen
- Xiamen Guanhua
- Skater
- Milton
Highlights of The Thermal Insulation Lunch Box 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:
- Stainless Steel
- Plastic
- Other
- By Application:
- Household 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 Thermal Insulation Lunch Box 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?
A thermal insulation lunch box is a small insulated container that can be used to store food during the day. The thermal insulation helps keep the food warm or cold, depending on the temperature outside.
Some of the major companies in the thermal insulation lunch box market are THERMOS, Tiger Corporation, Zojirushi, Pacific Market International, LOCK&LOCK, Gipfel, Asvel, Zebra, Bentology, Kitchen Art, Haers, TAFUCO, SUPOR, ASD, Jieyang Xingcai Material, Guangdong Shunfa, King Boss, Guangzhou Zhenxing Industrial, Guangdong Dongcheng, Shanghai Hongchen, Xiamen Guanhua, Skater, Milton.
The thermal insulation lunch box market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermal Insulation Lunch Box Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermal Insulation Lunch Box Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermal Insulation Lunch Box Market - Supply Chain
4.5. Global Thermal Insulation Lunch Box Market Forecast
4.5.1. Thermal Insulation Lunch Box Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermal Insulation Lunch Box Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermal Insulation Lunch Box Market Absolute $ Opportunity
5. Global Thermal Insulation Lunch Box Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermal Insulation Lunch Box Market Size and Volume Forecast by Type
5.3.1. Stainless Steel
5.3.2. Plastic
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermal Insulation Lunch Box Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermal Insulation Lunch Box Market Size and Volume Forecast by Application
6.3.1. Household Use
6.3.2. Commercial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermal Insulation Lunch Box Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermal Insulation Lunch Box Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermal Insulation Lunch Box Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermal Insulation Lunch Box Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermal Insulation Lunch Box Demand Share Forecast, 2019-2026
9. North America Thermal Insulation Lunch Box Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermal Insulation Lunch Box Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermal Insulation Lunch Box Market Size and Volume Forecast by Application
9.4.1. Household Use
9.4.2. Commercial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermal Insulation Lunch Box Market Size and Volume Forecast by Type
9.7.1. Stainless Steel
9.7.2. Plastic
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermal Insulation Lunch Box Demand Share Forecast, 2019-2026
10. Latin America Thermal Insulation Lunch Box Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermal Insulation Lunch Box Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermal Insulation Lunch Box Market Size and Volume Forecast by Application
10.4.1. Household Use
10.4.2. Commercial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermal Insulation Lunch Box Market Size and Volume Forecast by Type
10.7.1. Stainless Steel
10.7.2. Plastic
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermal Insulation Lunch Box Demand Share Forecast, 2019-2026
11. Europe Thermal Insulation Lunch Box Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermal Insulation Lunch Box Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermal Insulation Lunch Box Market Size and Volume Forecast by Application
11.4.1. Household Use
11.4.2. Commercial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermal Insulation Lunch Box Market Size and Volume Forecast by Type
11.7.1. Stainless Steel
11.7.2. Plastic
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9 Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermal Insulation Lunch Box Demand Share, 2019-2026
12. Asia Pacific Thermal Insulation Lunch Box Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermal Insulation Lunch Box Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermal Insulation Lunch Box Market Size and Volume Forecast by Application
12.4.1. Household Use
12.4.2. Commercial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermal Insulation Lunch Box Market Size and Volume Forecast by Type
12.7.1. Stainless Steel
12.7.2. Plastic
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermal Insulation Lunch Box Demand Share, 2019-2026
13. Middle East & Africa Thermal Insulation Lunch Box Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermal Insulation Lunch Box Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermal Insulation Lunch Box Market Size and Volume Forecast by Application
13.4.1. Household Use
13.4.2. Commercial Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermal Insulation Lunch Box Market Size and Volume Forecast by Type
13.7.1. Stainless Steel
13.7.2. Plastic
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermal Insulation Lunch Box Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermal Insulation Lunch Box Market: Market Share Analysis
14.2. Thermal Insulation Lunch Box Distributors and Customers
14.3. Thermal Insulation Lunch Box Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. THERMOS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tiger Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zojirushi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pacific Market International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LOCK&LOCK
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Gipfel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Asvel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zebra
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bentology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kitchen Art
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Haers
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. TAFUCO
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SUPOR
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ASD
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jieyang Xingcai Material
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Guangdong Shunfa
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. King Boss
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Guangzhou Zhenxing Industrial
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Guangdong Dongcheng
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Shanghai Hongchen
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
