Report

Global Recyclable Thermal Insulation Packs Market Size study, by Type (Vacuum insulation panels, Insulated box liners, Insulated bubble cushioning) by end use industries and Regional Forecasts 2021-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Recyclable Thermal Insulation Packs Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Recyclable Thermal Insulation Packs consists of most common types of materials used for packaging which include cellulose, fiberglass, and mineral wool. All these materials are produced using recycled waste materials. Growing FMCG industry and rising adoption of recyclable packaging are key drivers for the growth of Recyclable Thermal Insulation Packs market. According to the United Nations Environment Programme (UNEP) In the year 2020 Swiss based food company Nestle's 88 % packaging, by weight, was reusable or recyclable and the company is planning to make all its plastic packaging 100 per cent recyclable or reusable by 2025. Also, as of year 2020 US based McDonald's 80 % packaging was recyclable and the company will make all its packaging from renewable and recyclable sources by 2025. Also, with the increasing demand from pharmaceutical and cosmetics industries, and recent surge in vaccine transportation due to covid 19 pandemic the adoption & demand for Recyclable Thermal Insulation Packs is likely to increase the market growth during the forecast period. However, high cost of Recyclable Thermal Insulation Packs and slow adoption rate among industry players impede the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Recyclable Thermal Insulation Packs market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing e-commerce industry and well-established packed food market in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such increasing food and beverage and pharmaceutical sectors in countries such as China, and India would fuel up growth prospects for the Recyclable Thermal Insulation Packs market across Asia-Pacific region.

Major market player included in this report are:

Get packed packaging

Temperpack

Thermal shipping solutions

Illuminate group

IPC (Insulated product corp)

Crawford packaging

WCP Solutions

Sealed Air Corporation

Nature Pack

Cascades

Woolcool

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Vacuum insulation panels (VIPs)

Insulated box liners

Insulated bubble cushioning

By End Use Industries:

foods & beverages

Pharmacies

Flower packaging solutions

Pharmaceutical distribution

Diagnostics

Cosmetics

Animal health

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Recyclable Thermal Insulation Packs Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors