Insulated Overpack Shipper Market: Overview
The rising need for robust transit packaging solutions has led to the development of insulated overpack shippers. Insulated overpack shippers provide a temperature-controlled environment for temperature-sensitive products that are to be shipped over long distances. This container can withstand extreme temperature variations and maintain an optimum temperature inside. Insulated overpack shippers can resist deviations in temperature conditions to preserve the natural integrity of the packaged goods. The safe delivery of pharmaceutical products is a major concern that can be avoided by using contamination-free and secure insulated overpack shipper packaging. Medical research laboratories are the key end users of these containers, as they provide the safe and secured transportation of their products. Insulated overpack shippers are available in various sizes and specifications. This container is compact, which allows easy storage in less space. Insulated overpack shippers serve multiple industries such as food, pharmaceuticals, biotechnology, and others.
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Insulated Overpack Shipper Market: Dynamics
The need for temperature-sensitive solutions will continue to increase, as there are extreme weather conditions such as excessive heat, rain, humidity, and cold that can destroy the quality of products while shipping. Increasing consumption of perishable food products and temperature-sensitive products are being witnessed. This container enables energy savings and related expenditure. Easy storage and convenient handling are factors leading to increased usage by customers, thus boosting the insulated overpack shipper market. The need to store various products in the recommended temperature increases the utilization of insulated overpack shippers. Growing demand for the shipping of products such as pharmaceuticals, chemicals, biomedical, and food and beverages drives the insulated overpack shipper market. However, the cost of insulated overpack shippers can hamper their sales. On the other hand, technological advancements have provided easy tracking and monitoring of shipping products.
Insulated Overpack Shipper Market: Key Developments
Key Manufacturers are focusing on launching insulated overpack shippers with novel designs, as well as expanding their product portfolios by introducing innovative insulated solutions and area of excess. Recent developments in the performance of insulated overpack shippers have created a packaging that can maintain appropriate temperature according to the conditions required. This scenario has led to favorable conditions for the growth of the insulated overpack shipper market. Companies are now able to produce such types of packaging that save on electricity and provide safe transportation.
- On 29 December 2018, Sonoco acquired Clear Pack Company to expand its rigid plastic container operations.
- On 19 July 2017, Cryopak launched new designs and capabilities to CryoCube, a reusable temperature-controlled shipping system.
- On 26 January 2015, Cold Chain Technologies (CCT) and Topa Thermal Packaging introduced KoolTemp® GTS Instant, an innovative pre-qualified temperature control shipping system.
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Insulated Overpack Shipper Market: Segmentation
On the basis of capacity, the insulated overpack shipper market has been segmented into:
- < 5 Litres
- 5 to 10 Litres
- 10 to 15 Litres
- > 15 Litres
On the basis of material, the insulated overpack shipper market has been segmented into:
- Expanded Polystyrene (EPS)
- Other Plastics
On the basis of end use, the insulated overpack shipper market has been segmented into:
- Food and Beverages
Insulated Overpack Shipper Market: Regional Outlook
Countries such as China and South Korea, in the Asia Pacific region, and Germany, Poland, and Italy, in the European region, have the largest number of exports through ships; therefore, the market for insulated overpack shippers is expected to rise in these regions. Insulated overpack shipper markets in developed countries such as the U.S., Italy, and the U.K. are expected to experience positive growth during the forecast period. This is attributed to the high demand for insulated overpack shippers to provide a temperature-controlled environment during the transportation of goods. The increasing demand for packaging that can overcome extreme temperature fluctuations drives the insulated overpack shipper market in developing countries such as India, China, etc.
Insulated Overpack Shipper Market: Key Players
- Sofrigam SA
- Sonoco Products Company
- Andwin Scientific
- Emballages Cre-O-Pack Intl
- Marko Foam Products Inc
- American Aerogel Corporation
- Drew Foam Companies, Inc.
- Topa Thermal
- EcoCool GmbH
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