Africa Baby Care Products Market - Infinium Global Research Insulated Packaging Market -IGR 2023 | Page 2

The report on Insulated Packaging Market by type (rigid, flexible, semi-rigid) material type (expanded
polystyrene foam, polyurethane foam, wood, glass, cupboard) packaging form ( box & container, flexible
blanket, bags, wraps), application (food & beverages, industrial, healthcare, cosmetic, personal care) trends
analysis and forecasts up to 2023 studies the market sizes, key trends and opportunities in the main
geographies such as North America, Europe, Asia-Pacific, Rest of the World. According to the report the Global
Insulated Packaging Market is projected to grow at a CAGR between 4.5% and 5.0% in terms of value over the
period of 2017-2023. The growth in the world market is primarily driven by significant contribution by North
America (Leading region) region to this market.
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Market Insights:-
The report identified that the insulated packaging market is driven by factors such as, growing demand for
insulated packaging from the healthcare sector, and innovative packaging methods. On the other hand, the
restraining factors identified in the study include, variations in price and supply of raw materials. Increasing
number of applications for insulated packaging in food and beverages sector provide opportunity for major
players in the emerging and developing economies.
Infinium Global Research