The US insulated packaging market is anticipated to grow at a CAGR of 4.1% during the forecast period (2020-2026). The key factors that drive the growth of the US insulated packaging market include the increased preference of the people towards online channels over offline channels. In 2018, as per the Retail Feedback Group, approximately 31% and 33% of US digital grocery shoppers preferred online grocery shopping from Amazon and Walmart respectively. Besides, a majority of people also prefer buying medicines online, which further supports the growth of the market. Thus, such as an increased number of online shoppers are likely to drive the market over the forecast period.
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The US insulated packaging market is segmented into material, product type, and application. Based on the material, the market has been sectioned as paper, plastics, glass, and others. The plastic segment is likely to hold a substantial share in the market over the forecast period. Based on the product type, the market is segmented into rigid, semi-rigid, and flexible. The rigid segment is likely to hold a substantial share in the market over the forecast period. Based on the application, the market is segmented into food & beverages, pharmaceuticals, cosmetics & personal care, and other applications. The food & beverage segment is likely to hold a significant market share over the forecast period.
Further, Air Plastics Co., DS Smith PLC, Nippon Paper Industries Co. Ltd, Huhtamaki Group Oyj, Amcor Plc, and Marko Foam Products, Inc. are some of the prominent players operating in the US insulated packaging market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
Research Methodology
The market study of the US insulated packaging market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
The report is intended for packaging companies, raw material suppliers, third-party distributors, food & beverage industry, pharma companies, industry associates & experts, government organizations, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
Market Segmentation:
The Report covers:
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Market Determinants
3.1. Motivators
3.2. Restraints
3.3. Opportunities
4. Market Segmentation
4.1. US Insulated Packaging Market by Material
4.1.1. Corrugated Cardboard
4.1.2. Plastics
4.1.3. Glass
4.1.4. Others
4.2. US Insulated Packaging Market by Product Type
4.2.1. Rigid
4.2.2. Semi-Rigid
4.2.3. Flexible
4.3. US Insulated Packaging Market by Application
4.3.1. Food & Beverages
4.3.2. Pharmaceuticals
4.3.3. Cosmetics & Personal Care
4.3.4. Other Applications
5. Company Profiles
5.1. Airlite Plastics Co.
5.1.1. Overview
5.1.2. Airlite Plastics Co. in Insulated Packaging
5.1.3. Recent Developments
5.2. Amcor Ltd.
5.3. American Aerogel
5.4. Cold Chain Technologies Inc
5.5. Cold Ice Inc.
5.6. Deutsche Post DHL
5.7. DS Smith PLC
5.8. Exeltainer
5.9. Huhtamaki Group Oyj
5.10. Innovative Energy Inc.
5.11. Insulated Products Corp.
5.12. Marko Foam Products, Inc.
5.13. Nippon Paper Industries Co. Ltd.
5.14. Polar Tech Industries Inc.
5.15. Sonoco Products Co.
5.16. Temperpack Technologies Inc.
1. US INSULATED PACKAGING MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2019-2026 ($ MILLION)
2. US INSULATED PACKAGING MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
3. US INSULATED PACKAGING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
1. US INSULATED PACKAGING MARKET SHARE BY MATERIAL, 2019 VS 2026 (%)
2. US INSULATED PACKAGING MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
3. US INSULATED PACKAGING MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
4. US INSULATED PACKAGING MARKET SIZE, 2019-2026 ($ MILLION)