North America Insulated Packaging Market By Material (Plastic, Glass, Metal, Corrugated Cardboards), By Application (Food & Beverages , Pharmaceutical, Chemical, Cosmetics & Personal Care, Live Plant), By Packaging Type (Pouches, Wrap, Boxes & Containers), By Type (Flexible, Rigid, Semi Rigid).
Ocean View, DE -- (SBWIRE) -- 06/23/2020 -- North America insulated packaging market size is predicted to witness valuation of more than $3 billion by 2025. The lucrative growth of food & beverage and cosmetic sectors is likely to offer considerable impetus to North America insulated packaging market size in the times to come. The demand of processed and packaged food has increased in the region which is favorable for the growth of North America insulated packaging industry share.
Insulated packaging is leveraged for preventing inappropriate bacterial activity in food and beverage sector to avoid food spoilage. Escalated demand of packaged food due to busy lifestyles will be one of the key factors propelling North America insulated packaging market outlook.
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Growth drivers are:
1. Growing packaged food & beverage market size is likely to foster industry growth.
2. Rising demand for efficient packaging in cosmetic and personal care sector will propel product demand
3. Increasing floriculture activities in the region may escalate insulated packaging growth
4. 3Growing chemical industry in the region will drive insulated packaging demand
Insulated packaging solutions offer resistance from acute temperature conditions while preserving product freshness and quality. It has also found application for transportation of sensitive products in personal care, pharmaceutical, and food & beverage sectors. Need for safe packaging solutions has intensified in order to maintain effective supply chain. Such favorable growth prospects will contribute to fuel North America insulated packaging industry trends in the times to come.
According to the North America insulated packaging market forecast report, Canada metal insulated packaging industry share is going to witness profits of more than 2.0% over 2019-2025. Metals such as aluminum and steel are heavily used for production of wraps and containers due to beneficial insulating properties. Growing demand of effective temperature-controlled packaging solution for maintaining quality of product is going to foster North America insulated packaging market size growth.
A North America insulated packaging industry forecast report has predicted that the U.S. temperature-controlled packaging market share from personal care and cosmetics application will surpass $675 million by 2025. Cosmetic items such as eyeliners, mascaras, and lipsticks are likely to get damaged on being exposed to high temperatures. Insulated packaging solutions help to maintain necessary logistics condition to prevent spoilage. Also, cosmetic manufacturers such as Revlon and Coty also have their presence in the region which will also accelerate the growth of North America insulated packaging industry size
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North America insulated packaging market share is expected to earn profits of more than 2% from live plant application through 2025. Shipment of saplings and plants demands insulation against severe temperature conditions to protect plants from dehydration and spoilage. The demand for decorative plants like wall plants for interior designing purposes and Christmas tree has also increased, which will push the growth graph of North America insulated packaging industry size.
North America temperature controlled insulated packaging market share from wraps is slated to depict a valuation of more than $290 million by 2025. Growth in use of insulated packaging in protecting temperature sensitive food and pharmaceutical products for safe and effective delivery is going to promote North America insulated packaging industry size growth. Favorable government regulations and health awareness initiatives are likely to drive pharmaceutical sector revenue share and therefore, stimulating North America insulated packaging market outlook over the coming times.
North America insulated packaging industry size from semi rigid type is likely to experience profits of more than 2.0% through 2025. The semi rigid insulated packaging helps to maintain original shape and form of mayonnaise, jams, and sauces. It also helps to decrease food spoilage due to change in temperature at the time of transit. Rising demand of packaging solutions in food & beverage sector owing to strict regulations regarding food handling and contact which is going to stimulate North America insulated packaging market trends.
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North America is poised with the presence of several major industry players in the region which enhances insulated packaging market outlook. Some of the major industry participants are Aerosafe Global, KODIAKOOLER, AMCOR, DuPont, Davis Cor
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