Global Market Insights, Inc. has added a new report on North America Insulated Packaging Market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape Industry in tandem with its competitive terrain. —
Driven by the expansion of food & beverages sector and the lucrative nature of the cosmetics industry, the North America insulated packaging market size is expected to increase commendably in the forthcoming years.
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Designed to prevent damage to temperature-sensitive products like pharmaceuticals, foods, and cosmetics, insulated packaging commands a noticeable presence in several high-growth industries. The packaging materials’ ability to maintain an ideal storage environment for shipping or containing a variety of goods would be driving North America insulating packaging industry outlook in coming years.
PMMI anticipates that meat, meat-related products, processed snack foods, pet food, and food & vegetables would be the most innovative food & beverages industry segments in coming years. Among the aforementioned segments, snack foods, meat, and meat related products are anticipated to outperform others. This growth is being attributed to increasing consumer demand with respect to convenience options and portion control. In industry segments where food products need to be effectively packaged over long periods, these growing demands would open up new opportunities for North America Insulated Packaging Market players.
According to the Packaging Machinery Manufacturers Institute (PMMI), the U.S. food packaging sector is forecast to witness a steady pace of growth over the forthcoming years. The country’s food-contact packaging sector is highly regulated by the Food and Drug Administration (FDA). With food being one of the most sensitive products to transfer and store, the regulations are expected to promote adoption of insulated packaging such as insulated food bags considerably.
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Changing preferences are giving rise to the adoption of locally-produced, organic, natural or artisanal products, transforming product segments such as skincare. To keep up with this shift, popular beauty and skincare products no longer depend on synthetic ingredients.
In the category of clean, natural, and even food-standard beauty & skincare products, industry players are seeking out alternate means to extend the shelf-life of their products. The insulated packaging industry is expected to leverage its capabilities to address these cosmetics industry demands.
According to the L’Oréal 2018 annual report, skincare accounts for 39% of the cosmetics market in terms of North america insulated packaging market category. The global cosmetics industry recorded estimated sales of approximately €200 billion in 2018 with North America accounting for 25% of the industry by geographic zone.
North America’s integral contribution towards the growth of the cosmetics industry presents a lucrative growth opportunity to the insulated packaging industry. With cosmetics industry demands projected to grow steadily through non-synthetic products, the North America insulated packaging market share is slated record remarkable growth over forecast timeframe.
Partial Chapter of the Table of Content:
Chapter 2 Executive Summary
2.1 North America insulated packaging industry 3600 synopsis, 2014 - 2025
2.1.1 Business trends
2.1.2 Country trends
2.1.3 Material trends
2.1.4 Application trends
2.1.5 Packaging type trends
2.1.6 Type trends
Chapter 3 North America Insulated Packaging Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 – 2025
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
184.108.40.206 Technology Providers
3.4 Raw Material Analysis
3.4.4 Corrugated Cardboard
3.5 Pricing analysis
3.5.4 Corrugated Cardboard
3.6 Regulatory landscape
220.127.116.11 Indirect Food Additives: Paper and Paperboard Components
3.7 Cost Structure Analysis
3.8 Industry impact forces
3.8.1 Growth drivers
18.104.22.168 Growing packaged food & beverage market size is likely to foster industry growth.
22.214.171.124 Rising demand for efficient packaging in cosmetic and personal care sector will propel product demand
126.96.36.199 Increasing floriculture activities in the region may escalate insulated packaging growth
188.8.131.52 Growing chemical industry in the region will drive insulated packaging demand
3.8.2 Industry pitfalls & challenges
184.108.40.206 Stringent regulations regarding paper, wood, and plastics may hamper industry profitability
3.9 Innovation & sustainability
3.10 Growth potential analysis, 2018
3.10.1 Emerging business model
220.127.116.11 New product launch
3.11 Porter’s analysis
3.12 Competitive landscape, 2018
3.12.1 Company market share analysis, 2018
3.12.2 Strategy dashboard
3.13 PESTEL analysis
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Overall, attributing to changing packaging demands in the food & beverages industry along with shifting consumer preferences toward cosmetics products, insulated packaging adoption is slated to experience a sizable boost in coming years. A research report by Global Market Insights, Inc., estimates that the North America insulated packaging market valuation would surpass a valuation of $3 billion by 2025.
Name: Arun Hedge
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Organization: Global Market Insights, Inc.
Release ID: 88907460