Chemicals and Materials Insulated Packaging Market New
The "Insulated Packaging Market by Material Type (Plastic, Wood, Corrugated
Cardboard, Glass), Application (Food & Beverages, Industrial, Pharmaceutical,
Cosmetics), by Packaging Type, Type, and Region - Global Forecast to 2020" published
by MarketsandMarkets, The Insulated Packaging Market is projected to reach USD 14.2
Billion by 2020, at a CAGR of 5.12% during the forecast period from 2015 to 2020.
Browse 222 Tables and 68 Figures spread through 290 Pages and in-depth TOC
on "Insulated Packaging Market"
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The Insulated Packaging Market is projected to reach USD 14.2 Billion by 2020, at a CAGR
of 5.12% during the forecast period from 2015 to 2020. The food & beverages segment is
the fastest-growing insulated packaging application, which is growing at a CAGR of ~5.00%
during the period under review. Factors such as the increasing end-use application fuelled
by the growing middle-class population, coupled with growing workforce, make insulated
packaging an attractive market of the global packaging industry.
The market for insulated packaging is observed to be matured in developed economies,
such as Europe. The reason behind this is the rapid growth in the parent packaging market
and increasing concern towards product presentation and safety in this region. The Asia-
Pacific region formed the largest market for insulated packaging, in terms of value, after
having accounted for USD 3,391.6 million in 2014. Europeformed the second-largest
market, with a market share of ~30.0%. This region is projected to be the fastest-growing
market for insulated packaging during the forecast period from 2015 to 2020.