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The Refrigeration Packaging Market Size was valued at USD 9.75 Billion in 2023 and is expected to reach USD 15.7 Billion by 2032 and grow at a CAGR of 5.46% over the forecast period 2024-2032.
The refrigeration packaging market is experiencing substantial growth driven by the rising demand for fresh and frozen foods, as consumers increasingly prioritize quality and convenience in their dietary choices. The shift toward healthier eating habits has led to a heightened focus on fresh produce and frozen food options, significantly increasing the need for effective refrigeration packaging solutions. This trend is further accelerated by the expansion of online food delivery services, which require reliable packaging to ensure the safe transportation of perishable items. , highlighting the urgency for innovative packaging solutions in the market. Additionally, initiatives like the Greater Boston Food Bank's expansion of refrigeration facilities demonstrate the importance of enhanced cold chain logistics to meet growing consumer needs for fresh food accessibility. Technological advancements are also playing a crucial role in shaping the refrigeration packaging landscape. Companies are increasingly adopting eco-friendly materials and energy-efficient refrigeration units, aligning with the growing consumer preference for sustainable products. The importance of refrigeration for preserving food quality cannot be overstated; effective refrigeration ensures that food remains safe and fresh for consumption, ultimately reducing food waste. Furthermore, the pharmaceutical sector's reliance on cold chain logistics for transporting temperature-sensitive products further boosts market demand. As regulatory requirements for food safety and quality continue to tighten, the need for robust refrigeration packaging solutions will become even more critical. Overall, the refrigeration packaging market is poised for significant expansion, driven by consumer trends, technological innovations, and increasing regulatory pressures.
With the increasing need to store and transport temperature-sensitive drugs, vaccines, and biologics, the demand for specialized refrigeration packaging solutions has surged. Global pharmaceutical expansions, such as Brazilian giant EMS's international push, have heightened the need for advanced packaging to ensure the safe transit of sensitive products. Companies like Elopak are responding with investments, including a USD 25 million expansion, to meet rising demand. Cold chain logistics play a crucial role in the effective distribution of vaccines, particularly in times of health crises, and the growing pharmaceutical sector's development of biologics only amplifies the need for robust packaging solutions. In the U.S., this demand is spurring innovations in materials and technologies. Regulatory pressures to maintain temperature control, as seen with potential new California regulations, are further intensifying the focus on cold storage solutions. As pharmaceutical companies expand into new markets, the need for reliable refrigeration packaging will continue to grow, especially in regions with limited infrastructure. This trend is driving market growth, with a growing emphasis on eco-friendly, energy-efficient solutions to meet sustainability goals.
Drivers
E-commerce and Online Grocery Delivery Growth Driving Refrigeration Packaging Demand
The rapid rise of e-commerce and online grocery delivery platforms significantly drives growth in the refrigeration packaging market.This shift is particularly evident among consumers aged 25 to 44, who prioritize the convenience of shopping for groceries online. Notably, this demographic accounts for 76% of regular online grocery shoppers in the UK, indicating a strong preference for digital shopping options. The widening gap between e-commerce and brick-and-mortar growth underscores the importance of adapting to changing consumer behaviors. As traditional retail faces budget constraints and challenges, online grocery platforms are flourishing, demonstrating a clear preference for digital shopping. The demand for efficient refrigeration packaging is driven by the need for reliable solutions that ensure perishable goods reach consumers in optimal condition. Innovative packaging solutions are essential for maintaining product freshness during transit, especially as last-mile delivery becomes a focal point for e-commerce retailers. Carton packaging, like Tetra Recart, is gaining popularity due to its compact design and ability to maintain shelf stability, eliminating the need for extensive cold-chain distribution. This logistical efficiency is crucial in meeting growing consumer expectations for fast and reliable delivery. In conclusion, the booming grocery e-commerce market represents a lasting shift in consumer behavior, driving the demand for advanced refrigeration packaging solutions that ensure the safe and efficient delivery of perishable goods. As digital platforms continue to grow, the need for innovative packaging will be paramount to sustaining this momentum.
Restraints
Limited Availability of Raw Materials in the Refrigeration Packaging Market
The refrigeration packaging market faces significant challenges due to the limited availability of raw materials, particularly plastics, metals, and insulation materials. Fluctuations in the supply and pricing of these essential components can profoundly impact production capabilities. For instance, supply chain disruptions—exacerbated by global events—often lead to increased costs and delays, which hinder manufacturers' ability to meet rising market demand. Furthermore, the reliance on specific materials, such as polystyrene and polyethylene, poses risks as their availability can fluctuate based on environmental regulations and market trends. According to recent studies, this volatility can also lead to compromised product quality, pushing companies to seek alternative materials that may not meet performance standards for temperature control and insulation. As manufacturers strive to maintain sustainability, the shift toward eco-friendly materials could further complicate raw material availability. Consequently, these challenges necessitate strategic sourcing and inventory management solutions to mitigate the impacts of raw material shortages on the refrigeration packaging market. Addressing these constraints is critical for ensuring efficient supply chains and maintaining competitive advantage in a rapidly evolving industry landscape.
By Material
The refrigeration packaging market is largely dominated by plastic, which accounted for approximately 59% of total revenue in 2023. This leading position is driven by several key factors. First, plastic materials like polyethylene and polystyrene are lightweight and versatile, allowing manufacturers to create customized packaging solutions for various products, including perishable foods and pharmaceuticals. This flexibility enhances transportation efficiency and helps reduce shipping costs. Additionally, plastic offers excellent thermal insulation, which is crucial for maintaining the required temperature of refrigerated goods during transit. This capability ensures the quality and integrity of food items, making plastic an ideal choice for both producers and consumers. Plastic is generally more cost-effective than alternatives such as metal or glass, enabling manufacturers to produce refrigeration packaging at lower costs. This affordability helps businesses maintain competitive pricing, thus driving demand for plastic-based solutions. However, the market is also witnessing a growing emphasis on sustainability, with manufacturers increasingly exploring biodegradable and recyclable plastic options to cater to environmentally conscious consumers. While plastic remains dominant, alternative materials like paper, metal, and glass are gaining attention for their recyclability and biodegradability, although they currently hold a smaller market share due to higher costs and less effective insulation properties.
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By End User
Based on End User, Food & Beverages is captured the largest share revenue in refrigeration packaging market of around 75% in 2023. A key driver for this dominance is the growing demand for perishable food items that require effective packaging to ensure freshness and safety during transport. Refrigeration packaging is crucial for maintaining the quality of various food products, including dairy, meat, fruits, and vegetables, guaranteeing they arrive at consumers in optimal condition. As health-conscious consumers increasingly seek fresh, high-quality items, the need for reliable refrigeration packaging solutions grows stronger. The surge in e-commerce within the food and beverage sector has further fueled demand for effective refrigeration packaging. The rise of online grocery shopping and meal delivery services requires packaging capable of withstanding transport challenges while ensuring temperature control. This shift towards convenience and accessibility is influencing consumer preferences and driving the development of refrigeration packaging designed specifically for food and beverages. Advancements in packaging materials and technologies, such as smart packaging and temperature-controlled solutions, are improving the efficiency and effectiveness of refrigeration packaging. As this sector continues to evolve, manufacturers are focusing on creating sustainable, efficient, and cost-effective solutions to meet changing consumer needs and maintain their competitive edge.
In 2023, North America led the refrigeration packaging market, capturing about 45% of total revenue. This dominance stems from the high demand for perishable goods, especially in the food and beverage sector, supported by a robust cold chain infrastructure. The growth of e-commerce, with increased online grocery shopping and meal delivery services, has also driven demand for effective refrigeration solutions. Additionally, rising environmental concerns are pushing manufacturers toward eco-friendly packaging options. The diverse food industry, including dairy, meat, and plant-based products, further fuels the need for specialized refrigeration packaging, prompting continued innovation and sustainability efforts among manufacturers.
In 2023, the Asia Pacific region emerged as the second fastest-growing market for refrigeration packaging, driven by several key factors that highlight its dynamic nature. Rapid urbanization in countries such as China, India, and Indonesia has led to a surge in demand for processed and packaged food products. As populations increasingly shift to urban areas, the necessity for effective refrigeration packaging to maintain food quality during transport and storage becomes paramount. Furthermore, the expanding middle class in the region is elevating disposable incomes and altering consumption patterns, with consumers actively seeking fresh and high-quality food options that require reliable refrigeration solutions. The e-commerce boom is another significant driver, especially in countries like China and India, where online grocery shopping and food delivery services have skyrocketed. These services demand packaging that ensures temperature control and product integrity throughout transit. Additionally, substantial investments in cold chain infrastructure by governments and private entities are enhancing the storage and distribution capabilities for perishable goods. A growing emphasis on sustainability is prompting manufacturers to explore biodegradable and recyclable materials, aligning with the rising consumer preference for environmentally friendly packaging. Together, these factors position the Asia Pacific region for continued growth in the refrigeration packaging market.
Some of the major key players in Refrigeration Packaging Market who provide provide product and solution:
Thermo Fisher Scientific (Thermo Scientific Refrigerators)
Carrier Global Corporation (Carrier Transicold PrimeLINE Units)
Dometic Group (Dometic Refrigeration Solutions)
Panasonic Corporation (Panasonic Cooling Systems)
Daikin Industries, Ltd. (Daikin Refrigeration Units)
Sidel Group (Sidel Refrigerated Packaging Solutions)
Crown Holdings, Inc. (Crown Refrigerated Containers)
Rehrig Pacific Company (Refrigerated Containers and Pallets)
Tetra Pak (Tetra Pak Refrigerated Packaging)
Sealed Air Corporation (Cryovac Refrigerated Packaging Solutions)
Unilever (Unilever Cold Chain Solutions)
Sonoco Products Company (Sonoco Refrigerated Packaging)
IMA Life (IMA KryoAir Refrigeration Systems)
MIRAI Intex (Turbo-Compressor-Expander Systems)
Ahlstrom (LeafSaver Specimen Collection Cards)
Cold Chain Technologies (Thermal Packaging Solutions)
Great Northern Corporation (Great Northern Refrigerated Packaging)
Cargill, Incorporated (Cargill Cold Chain Solutions)
Lineage Logistics (Lineage Refrigerated Transportation)
Emergent Cold (Emergent Cold Chain Solutions)
DHL Supply Chain
UPS Cold Chain Solutions
FedEx Temperature Control
XPO Logistics
Kuehne + Nagel
Lineage Logistics
Americold Logistics
Martens Transport
C.H. Robinson
Agro Merchants Group
Cold Chain Technologies
TLD Logistics
Thermo King
United States Cold Storage (USCS)
Eimskip
On June 21, 2024, IMA Life announced a collaboration with MIRAI Intex and ACT to develop KryoAir, an innovative air-based refrigeration system specifically designed for freeze dryers. This system enhances efficiency by utilizing air cycle technology and avoids high-GWP gases, ensuring consistent cooling output across varying temperatures in freeze-drying applications.
On October 14, 2024, Emirates Shipping Line (ESL) announced the acquisition of 300 Carrier Transicold PrimeLINE container refrigeration units to enhance its refrigerated shipping capabilities. This move aims to improve ESL's efficiency in transporting temperature-sensitive goods, leveraging Carrier Transicold's advanced refrigeration technology.
On August 14, 2024, Delta H Innovations unveiled the 'Cool>Can,' a revolutionary self-cooling can that can chill beverages in under two minutes. Developed by James Vyse, this innovative packaging solution aims to enhance consumer convenience by providing a chilled drink on the go.
On April 19, 2024, Ahlstrom introduced LeafSaver, a specimen collection card that preserves DNA samples from various organisms at ambient temperatures, eliminating the need for refrigeration. This innovative solution aims to reduce the environmental impact and costs associated with cold chain transportation while ensuring the integrity of nucleic acid samples for genetic research.
Report Attributes | Details |
---|---|
Market Size in 2023 | USD 9.75 Billion |
Market Size by 2032 | USD 15.7 Billion |
CAGR | CAGR of 5.46% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Material (Paper & Paperboard, Plastic, Metal, and Others) • By Packaging Type (Bags & Pouches, Boxes & Cartons, Bottles & Cans, Films & Wraps, and Others) • By End Use (Food & Beverages, Pharmaceuticals, and Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia-Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia-Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Thermo Fisher Scientific, Carrier Global Corporation, Dometic Group, Panasonic Corporation, Daikin Industries, Ltd., Sidel Group, Crown Holdings, Inc., Rehrig Pacific Company, Tetra Pak, Sealed Air Corporation, Unilever, Sonoco Products Company, IMA Life, MIRAI Intex, Ahlstrom, Cold Chain Technologies, Great Northern Corporation, Cargill, Incorporated, Lineage Logistics, and Emergent Cold. |
Key Drivers | • E-commerce and Online Grocery Delivery Growth Driving Refrigeration Packaging Demand |
RESTRAINTS | • Limited Availability of Raw Materials in the Refrigeration Packaging Market |
Ans: The Refrigeration Packaging Market grow at a CAGR of 5.46% over the forecast period of 2024-2032.
Ans: Refrigeration Packaging Market size was valued at USD 9.75 Billion in 2023 and is expected to reach USD 15.7 Billion by 2032
Ans The major growth factor of the Refrigeration Packaging Market is the increasing demand for fresh and frozen food products, driven by the growing consumer preference for convenience and the expansion of the food delivery End User.
Ans: The plastic segment dominated the Refrigeration Packaging Market.
Ans: North America dominated the Refrigeration Packaging Market in 2023.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Material Usage Trends, by Material Type, by Region, 2023
5.2 Upcoming Projects, by Region, by Type (Residential, Commercial, Industrial)
5.3 Regulatory Compliance, by Region
5.4 Technology Adoption, by Technology Type
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Refrigeration Packaging Market Segmentation, by Material
7.1 Chapter Overview
7.2 Paper & Paperboard
7.2.1 Paper & Paperboard Market Trends Analysis (2020-2032)
7.2.2 Paper & Paperboard Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Plastic
7.3.1 Plastic Market Trends Analysis (2020-2032)
7.3.2 Plastic Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Metal
7.4.1 Metal Market Trends Analysis (2020-2032)
7.4.2 Metal Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Others
7.5.1 Others Market Trends Analysis (2020-2032)
7.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Refrigeration Packaging Market Segmentation, by Packaging Type
8.1 Chapter Overview
8.2 Boxes and Cartoon
8.2.1 Boxes and Cartoon Market Trends Analysis (2020-2032)
8.2.2 Boxes and Cartoon Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Bags and Pouches
8.3.1 Bags and Pouches Market Trends Analysis (2020-2032)
8.3.2 Bags and Pouches Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Containers
8.4.1 Containers Market Trends Analysis (2020-2032)
8.4.2 Containers Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Bottle & Cans
8.5.1 Bottle & Cans Market Trends Analysis (2020-2032)
8.5.2 Bottle & Cans Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Films & Wraps
8.6.1 Films & Wraps Market Trends Analysis (2020-2032)
8.6.2 Films & Wraps Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Others
8.7.1 Others Market Trends Analysis (2020-2032)
8.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Refrigeration Packaging Market Segmentation, by End User
9.1 Chapter Overview
9.2 Food & Beverages
9.2.1 Food & Beverages Market Trends Analysis (2020-2032)
9.2.2 Food & Beverages Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Pharmaceuticals
9.3.1 Pharmaceuticals Market Trends Analysis (2020-2032)
9.3.2 Pharmaceuticals Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Others
9.4.1 Others Market Trends Analysis (2020-2032)
9.4.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Refrigeration Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.2.4 North America Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.2.5 North America Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.2.6.2 USA Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.2.6.3 USA Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.2.7.2 Canada Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.2.7.3 Canada Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.2.8.2 Mexico Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.2.8.3 Mexico Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Refrigeration Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.6.2 Poland Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.1.6.3 Poland Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.7.2 Romania Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.1.7.3 Romania Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Refrigeration Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.4 Western Europe Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.2.5 Western Europe Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.6.2 Germany Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.2.6.3 Germany Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.7.2 France Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.2.7.3 France Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.8.2 UK Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.2.8.3 UK Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.9.2 Italy Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.2.9.3 Italy Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.10.2 Spain Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.2.10.3 Spain Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.13.2 Austria Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.2.13.3 Austria Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Refrigeration Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.4 Asia Pacific Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.4.5 Asia Pacific Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.6.2 China Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.4.6.3 China Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.7.2 India Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.4.7.3 India Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.8.2 Japan Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.4.8.3 Japan Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.9.2 South Korea Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.4.9.3 South Korea Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.10.2 Vietnam Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.4.10.3 Vietnam Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.11.2 Singapore Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.4.11.3 Singapore Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.12.2 Australia Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.4.12.3 Australia Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Refrigeration Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.4 Middle East Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.5.1.5 Middle East Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.6.2 UAE Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.5.1.6.3 UAE Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Refrigeration Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.2.4 Africa Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.5.2.5 Africa Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Refrigeration Packaging Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.6.4 Latin America Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.6.5 Latin America Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.6.6.2 Brazil Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.6.6.3 Brazil Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.6.7.2 Argentina Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.6.7.3 Argentina Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.6.8.2 Colombia Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.6.8.3 Colombia Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Refrigeration Packaging Market Estimates and Forecasts, by Material (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Refrigeration Packaging Market Estimates and Forecasts, by Packaging Type (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Refrigeration Packaging Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
11. Company Profiles
11.1 Thermo Fisher Scientific
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Carrier Global Corporation
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Dometic Group
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Panasonic Corporation
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Daikin Industries, Ltd.,
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Sidel Group
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Crown Holdings, Inc.
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Rehrig Pacific Company
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Tetra Pak
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Sealed Air Corporation
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Material
Paper & Paperboard
Plastic
Metal
Others
By Packaging Type
Boxes and Cartoon
Bags and Pouches
Containers
Bottle & Cans
Films & Wraps
Others
By End User
Food & Beverages
Pharmaceuticals
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia-Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Jerry Cans Market size was USD 2.34 billion in 2023 and is expected to Reach USD 3.51 billion by 2031 and grow at a CAGR of 4.64 % over the forecast period of 2024-2031.
The Modular Container Market size projected to reach at USD 52.05 billion by 2032 & was valued at USD 28.05 billion in 2023 with CAGR of 7.8% by 2024-2032.
The Specialty Chemical Packaging Market Size was valued at USD 14 billion in 2023 and is expected to reach USD 19.97 billion by 2032 and grow at a CAGR of 4.03% over the forecast period 2024-2032.
The Hydration Containers Market Size was valued at USD 13.63 billion in 2023 and is expected to reach USD 25.60 billion by 2031 and grow at a CAGR of 8.2 % over the forecast period 2024-2031.
The Packaging Printing Market Size was valued at USD 399.84 billion in 2023 and is projected to reach USD 604.55 billion by 2032, expanding at a compound annual growth rate (CAGR) of 4.77% over the forecast period from 2024 to 2032.
The Self-healing Concrete Market Size was valued at USD 88.85 Billion in 2023 and is expected to reach USD 1612.76 Billion by 2032 and grow at a CAGR of 38% over the forecast period 2024-2032.
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