Research and Markets: Global Insulated Packaging Market Is Projected to Reach USD 14.2 Billion by 2020 at a CAGR of 5.12%, New Report Says
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/8c5h56/insulated) has announced the addition of the “Insulated Packaging Market by Material Type (Plastic, Wood, Corrugated Cardboard, Glass), Application (Food & Beverages, Industrial, Pharmaceutical, Cosmetics), by Packaging Type, and Region – Global Forecast to 2020” report to their offering.
Insulated Packaging is utilized for multiple applications, such as food & beverages, industrial, pharmaceutical, cosmetics and others. Niche markets in which insulated packaging is used are agriculture, aerospace, nutraceuticals, and sporting goods.
Food & beverages is the fastest-growing insulated packaging application, which is growing at a CAGR of 5.00% during the period under review. Factors such as an increasing end-use application for insulated packaging products due to the growing middle-class population, coupled with a growing workforce, make insulated packaging an attractive market of the global packaging industry.
The market for insulated packaging is observed to have reached a stage of maturity in developed economies, such as Europe, owing to the rapid growth in the parent packaging market and an increasing concern towards product presentation and safety. The Asia-Pacific region formed the largest market for insulated packaging, in terms of value, having accounted for USD 3,391.6 million in 2014. Europe formed the second-largest market, with a market share of 30.0%. The Asia-Pacific region is projected to be the fastest-growing market for insulated packaging during the forecast period from 2015 to 2020.
The global insulated packaging market is marked with an intense competition due to the presence of a large number of big and small firms. New product launches, mergers & acquisitions, and partnerships & expansions are the key strategies adopted by market players to ensure their growth in this market.
Key Topics Covered
- Research Methodology
- Executive Summary
- Premium Insights
- Market Overview
- Industry Trends
- Insulated Packaging Market, By Type
- Insulated Packaging Market, By Material Type
- Insulated Packaging Market, By Packaging Type
- Insulated Packaging Market, By Application
- Insulated Packaging Market, By Region
- Competitive Landscape
- Company Profiles
- Constantia Flexibles
- Deutsche Post DHL
- E.I. Du Pont De Nemours and Co.
- Huhtamaki OYJ
- Innovia Films
- Sonoco Products
For more information visit http://www.researchandmarkets.com/research/8c5h56/insulated
Research and Markets
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Sector: Packaging, Food Packaging, Beverage Packaging, Plastic Packaging
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