Growing need for protective packaging in
the food and beverage industry is expected to fuel demand for insulated
shipping products. As the requirement for packaging
temperature-sensitive products increase, manufacturers are focusing on
developing technologically advanced packaging solutions. Transparency
Market Research states that the global insulated shippers market is projected to reflect a CAGR of 9.4% during the forecast period, 2017-2026.
Factors Fuelling the Global Market Growth
Growth of the global insulated shippers
market is mainly bound by various macro-economic and micro-economic
factors. With the growing demand for protective packaging of various
products, manufacturers are incorporating technologically advanced
packaging solutions to ensure safe shipping of the products. Cold chain
shipping and distributed control system continues to remain the most
preferred packaging and shipping solutions among the supply chain. As
delivering products safely is becoming important, manufacturers are
mainly focusing on developing shipping containers with closed cell spray
foam, rigid polystyrene foam panels and fiberglass.
Transportation of temperature sensitive
products such as blood, organs, biologic materials, pharmaceutical
products and chemicals will continue to boost demand for insulated
packaging solutions. Growing need to shipping various perishable food
products with long shelf life safely is projected to boost demand for
insulated shipping products globally. Food products that are
particularly manufactured in a specific region continues to witness
significant demand in various restaurants, hotels and shops.
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Pervasive demand for traditional food
and beverage products in various countries is projected to rev up demand
for insulated shipping containers during the forecast period. As the
shipping containers are equipped with features that ensure freshness and
quality of food products, sales of the insulated shipping packages is
projected to increase. In addition, various food products can be subject
to various temperature conditions during transportation. Increasing
demand for temperature sensitive packaging solutions is further
projected to impact growth of the global insulated packaging market.
Shipping pharmaceutical products is also
projected to fuel demand for insulated shipping containers and
packaging solutions globally. With the increasing demand for shipping
various pharmaceutical spray products and liquid pharmaceutical
products, manufacturers are focusing on offering temperature-sensitive
packaging solutions to deliver the pharmaceutical solutions safely.
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