The global cold chain packaging market size was valued at US$ 16.04 billion in 2021 and is expected to surpass around US$ 46.63 billion by 2030, growing at a CAGR of 12.6% during the forecast period 2022 to 2030.
Growth Factors:
Temperature controlling and monitoring has become an essential part of the modern day logistics that ensures the safety and quality of the product during transportation. The key players in the cold chain packaging market are investing in the development of new and efficient products that can effectively tackle the challenges and complexities associated with the cold chain logistics. The efficient cold chain packaging can reduce miscellaneous losses, keeps the product quality intact, and can increase the profit margins. The rapidly surging demand for the cold chain packaging in the food processing industry is expected to drive the growth of the cold chain market significantly during the forecast period. The rising population, increasing personal disposable income, and changing lifestyle of the consumers are some of the prominent factors that are driving the adoption of the cold chain packaging across the various applications. The demand for the packaged food, processed food, and ready-to-eat food products is surging with the changing lifestyle. The various food products such as dairy food products, sea food, meat, frozen fruits, and vegetables require efficient cold chain packaging during storage and transportation. The rising technological advancements in the food packaging is significantly driving the market growth across the globe.
Report Scope of the Cold Chain Packaging Market
|
Report Coverage |
Details |
|
Market Size by 2030 |
USD 46.63 Billion |
|
Growth Rate from 2022 to 2030 |
CAGR of 12.6% |
|
North America Market Share in 2021 |
35% |
|
Insulating Materials Market Share in 2021 |
66% |
|
Base Year |
2021 |
|
Forecast Period |
2022 to 2030 |
|
Segments Covered |
Product, Material, Application, Packaging Format, Geography |
|
Companies Mentioned |
Cascades Inc., Cold Chain Technologies, Creopack, Cryopak A TCP Company, Intelsius, Pelican Products, Inc., Softbox, Sofrigam, Sonoco ThermoSafs, va-Q-tec |
Regional Insights
North America was the leading cold chain packaging market that accounted for a revenue share of around 35% in 2021. This growth is attributed to the increased production volumes of meat, processed food, and fruits & vegetables. The demand for these processed and fresh food products is higher in the region. Furthermore, the high standard of living, busy and hectic schedule of the consumers, high disposable income, and increased demand for the packaged food has resulted in the higher demand for the cold chain packaging. Furthermore, the presence of top pharmaceutical companies in the region and the development of several drugs and vaccines that requires cold storage has fueled the adoption of the cold chain packaging in the pharmaceutical sector. The rising health consciousness among the consumers is spurring the demand for the organic food products especially fruits and vegetables, which is expected to drive the growth of the cold chain packaging market.
Asia Pacific is projected to be the most opportunistic market during the forecast period. This growth is attributable to the surging penetration of the top food processing and pharmaceutical companies in the region. Asia Pacific is the home to around 60% of the global population. The presence of huge youth population, rising employment, changing demographics, and rising disposable income are the major factors that are fueling the demand for the processed food. The growing demand for the fruits and vegetables along with the fresh meat and seafood in the region is another prominent driver of the cold chain packaging market in Asia Pacific.
Some of the prominent players in the Cold Chain Packaging Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:
By Product
By Material
By Application
By Packaging Format
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in Cold Chain Packaging Market Study:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Cold Chain Packaging Market
5.1. COVID-19 Landscape: Cold Chain Packaging Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Cold Chain Packaging Market, By Product
8.1. Cold Chain Packaging Market, by Product Type, 2022-2030
8.1.1. Insulated Container and Boxes
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Cold Packs
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Crates
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Temperature Controlled Pallet Shippers
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Labels
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Cold Chain Packaging Market, By Material
9.1. Cold Chain Packaging Market, by Material, 2022-2030
9.1.1. Insulating Materials
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Refrigerants
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Cold Chain Packaging Market, By Application
10.1. Cold Chain Packaging Market, by Application Type, 2022-2030
10.1.1. Dairy Products
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Fruit and Pulp Concentrates
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Fish, Seafood, and Meat
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Processed Food
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Fruits and Vegetables
10.1.5.1. Market Revenue and Forecast (2017-2030)
10.1.6. Bakery and Confectioneries
10.1.6.1. Market Revenue and Forecast (2017-2030)
10.1.7. Pharmaceuticals
10.1.7.1. Market Revenue and Forecast (2017-2030)
10.1.8. Others
10.1.8.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Cold Chain Packaging Market, By Packaging Format
11.1. Cold Chain Packaging Market, by Packaging Format Type, 2022-2030
11.1.1. Reusable Packaging
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Disposable Packaging
11.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Cold Chain Packaging Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.2. Market Revenue and Forecast, by Material (2017-2030)
12.1.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Material (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Material (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.2. Market Revenue and Forecast, by Material (2017-2030)
12.2.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Material (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Material (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Material (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Material (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.2. Market Revenue and Forecast, by Material (2017-2030)
12.3.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Material (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Material (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Material (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Material (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.2. Market Revenue and Forecast, by Material (2017-2030)
12.4.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Material (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Material (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Material (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Material (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.2. Market Revenue and Forecast, by Material (2017-2030)
12.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Material (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Material (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Application Type (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Packaging Format Type (2017-2030)
Chapter 13. Company Profiles
13.1. Cascades Inc.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Cold Chain Technologies
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Creopack
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Cryopak A TCP Company
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Intelsius
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Pelican Products, Inc.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Softbox
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Sofrigam
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Sonoco ThermoSafs
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. va-Q-tec
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers