Press release
How progressive trends influencing the growth prospects of the Isothermal Bags Containers market?
According to Transparency Market Research (TMR), the global isothermal bags & containers market has fragmented landscape as numerous local and global companies are offering services in the country. Some of the key players operating in the isothermal bags & containers market are Cryopak Europe, Sonoco Products Company, Sofrigam SA Ltd., Pelican Biothermal LLC, va-Q-tec AG, ACH Foam Technologies, LLC, Cold & Co Sprl, Tecnisample s.l., Saeplast Americas Inc., AccsA’tech Medical Systems, Tempack Packaging Solutions, S.L., Advanced Products Portugal, Cold Chain Technologies, Envirotainer Ltd., American Aerogel Corporation, Snyder Industries, Inc., Inno Cool India Private Limited, Insulated Products Corporation, Exeltainer SL and TKT GmbH among others.According to a report by Transparency Market Research (TMR), the isothermal bags & containers market is US$ 657.6 Mn in 2017 and is projected to increase at a CAGR of 6.0% during forecast period 2018-2026. The global isothermal bags & containers market has witnessed solid growth during the past few years, owing to growing pharmaceutical and food industries across the globe. The increasing trade for perishable products has given a boost to the isothermal bags & containers market.
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Need for Safe Transportation of Products to Fuel Adoption
The global isothermal bags & containers market has witnessed impressive growth in the past few years, due to growing trade across the globe. Growing exports and imports between the countries and safe transportation of products has paved the way for isothermal bags & containers market. A number of other factors are expected to drive the isothermal bags & containers market, such as capability of keeping product fresh and maintain cold chain during transit.
Fast growth in organized retail sector, especially in emerging economies, is expected to fuel growth of the isothermal bags & containers market.
Advancement and Product Innovations to Create Opportunities
Despite the positive outlook, there are a number of factors that always leave a space for product damage during the transit, ultimately hampering the growth of the isothermal bags and containers market. Nevertheless, increasing R&D in the field of biotechnology has boosted the demand for appropriate cold chain solutions to transport biological samples such as blood plasma, and serum, among others. Therefore, with advancement in the pharmaceutical sector, as well as the food & beverages industry, the global isothermal bags market is anticipated to face lucrative opportunities for growth, during the forecast period.
This information is encompassed in the new report by TMR, titled “Isothermal Bags & Containers Market (Product Type – PVC, PET, Polyethylene (PE), Polyurethane (PU), Nylon; Material Type – PVC, PET, Polypropylene, Polystyrene, Polyurethane, Nylon; End Use – Pharmaceuticals, Chemicals, Food) – Global Industry, Size, Share, Growth, Trends and Forecast 2018 – 2026.”
Global isothermal bags & containers market has been segmented as:
By Product Type:
PVC
PET
Polyethylene (PE)
Polyurethane (PU)
Nylon
By Material Type:
PVC
PET
Polypropylene
Polystyrene
Polyurethane
Nylon
By End Use:
Pharmaceuticals
Chemicals
Food
By Geography:
North America
U.S.
Canada
Europe
U.K.
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
Australia
India
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
South Africa
Saudi Arabia
Rest of Middle East & Africa
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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