Zion Market Research Insulated packaging market, 2016 - 2024 | Page 3

Insulated Packaging Market
Increasing demand for the pharmaceutical products is positively impacting the insulated
packaging market growth. Rapidly increasing e-commerce trend in developing countries is
anticipated to drive the global market in the coming future. In addition, rapid growth in
urbanization and per capita income is expected to boost the insulated packaging market. The
advantage of insulated packaging material which helps to maintain the normal temperature in
the extreme weather conditions is also anticipated to boost the market demand in future.
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Global Insulated Packaging Market: Segmentation
The global insulated packaging market is a segmented on the basis of product type as wraps,
boxes and containers, bags and pouches, and others. Of which, the boxes and container
segment dominates the global market. Pharmaceutical products and vaccines need to be
maintained at normal temperatures; hence the demand for the boxes and containers in the
pharmaceutical industry is expected to increase in the near future. The global insulated
packaging market is segmented on the basis of packaging materials as wood, expanded
polystyrene foam (EPS), cupboard, polyurethane (PUR) foam, glass, and others. On the basis of
applications, the global insulated packaging market is further categorized as FMCG products,
food and beverages, healthcare, electronics, and others. Of which, food and beverages is the
dominating segment and accounts for the largest market share in the global market. However,
unstable raw material prices may hamper the insulated packaging market growth in future.
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