Chemicals and Materials Insulated Packaging Market
Insulated Packaging Market - Future Trends & Forecast 2020
The Global Insulated Packaging Market witnessed a rapid growth from 2013, and is
projected to grow at a CAGR of 5.12% during the forecast period from 2015 to 2020, to
reach USD 14.2 Billion by 2020. Asia-Pacific dominated the market, with a share of 32.0%
in 2014. This market is driven by an increasing competition, aggressive pricing, rising
consumer spending, increasing concern towards product presentation and safety, and
various developments in the pharmaceutical sector. The Asia-Pacific region is estimated to
become the fastest-growing market for insulated packaging.
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The insulated packaging market in the Asia-Pacific region is projected to grow at the
highest CAGR from 2015 to 2020, in terms of volume and value both. The rising middle-
class population of this region, with high disposable incomes, and a growing demand for
the fast-moving consumer goods (FMCGs) sector for packaged products and the parent
packaging industry, are driving the growth of the insulated packaging market. Another
factor is the densely populated areas of this region that require thermally insulated
packaging solutions.
Companies, such as Deutsche Post DHL (Germany), E.I. Du Pont De Nemours and Co. (U.S.),
Huhtamaki OYJ (Finland), and Sonoco Products Company (U.S.) are some of the prominent
companies in the insulated packaging market, comprising the major market share
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