Isothermal Packaging Market: An Overview
Urbanization leads to the need for temperature-sensitive products to be transported to longer distances. Isothermal packaging is the solution to such problems and acts as an insulating barrier against external temperatures. This type of packaging can allow storage of products from a temperature range of 25 to -25ºC. VYPE insulated packaging was introduced by Emball Iso and won an award for excellence in research and development which could maintain controlled temperature from 0 to -25 º C. Isothermal packaging is airtight, hygienic, reusable, CFC free, and value for money. They provide safety of food and other products as well as protection of consumers. They are reliable, easy to transport, and store and protect the contents from contamination. Isothermal packaging keeps the product fresh and maintains the cold chain during transmit. This packaging helps to protect the products from temperature variations, physical and thermal shocks. Isothermal packaging, when done with bags, provides flexibility to the products. Isothermal packaging is also water, and soundproof and compactly stores the product. The type of insulating material used for isothermal packaging depends upon transportation duration, temperature to be maintained, and the value of the product. Isothermal coating have a wide range of sizes from small sizes to pallet size and specific insulation values depending upon the thickness of the container. When more insulation of the product is done, less material to maintain the temperature is used due to which the weight of the package is light and transport cost is low. Isothermal packaging also allows the printing of information related to the product for identification. Isothermal packaging is valuable for food, catering, and the beverage industry. Isothermal packaging is mainly used in online retail sectors of biopharmaceuticals, vaccines, and clinical trials.
Isothermal Packaging Market: Dynamics
The need for insulation to transport products safely and in its original condition drives the market of isothermal packaging. Due to the large scale availability of raw material and adaptability, the market for isothermal packaging can thrive. The temperature range is now becoming a major challenge for the manufactures as different products need optimum temperature. The cost of raw material used in the making of isothermal packaging is high, which can hamper the market of isothermal market. Isothermal packaging is made from plastics which are not biodegradable and harm the environment because of the release of harmful chemicals. These chemicals can be hazardous to consumers by the chains of cycles present in our ecosystem. Growing environmental concerns can challenge the isothermal packaging market to produce eco-friendly and renewable raw materials. Reduction in the toxic waste of plastics in isothermal packaging can innovate the era of plastics and can robust the isothermal packaging market. The use of fibers for producing isothermal packaging can be an innovation as they can be easily recycled multiple times.
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Isothermal Packaging Market: Segmentation
On the basis of material, the isothermal packaging market has been segmented into:
- Polystyrene (PS)
- Polyurethane (PU)
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Poly Vinyl Chloride (PVC)
On the basis of product type, the isothermal packaging market has been segmented into:
On the basis of end use, the isothermal packaging market has been segmented into:
Isothermal Packaging Market: Regional Outlook
Country such as US in the region of North America; China in the region of Asia; UK and France in the region of Europe have the highest e-commerce usage, so the market for isothermal packaging is expected to rise. The isothermal packaging market in developed countries such as the U.S., Italy, and the UK is expected to have positive growth during the forecast period. It attributed to the high demand for isothermal packaging incorporated in being a powerful tool to preserve products during transportation and is a need in various industries like food, beverages, and pharmaceuticals. The increasing demand for an insulating barrier against external temperatures drives the market for isothermal packaging market in developing countries such as India, China, etc.
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Isothermal Packaging Market: Key Players
- Polar Tech Industries, Inc.
- Softbox Systems Ltd.
- The Wool Packaging Company Ltd.
- Aircontainer Packaging System Sweden AB
- Melform Bonetto Group
- Insulated Products Corp.
- Cryopak Industries Inc.
- Insulated Products Corporation
- Sonoco Products Company
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