Middle East and Africa Thermal Insulation Packaging Market, By Product (Box, Bags, Carton Liners, Bubble Cushioning and Others), Packaging Type (Passive Packaging, Active Packaging and Cold Storage), Material (Polystyrene, Polyurethane (PUR), Polyethylene, Vacuum Insulated Panels (VIP), Polylactic (PLA), Corrugated Fiber Board and Others), Temperature Range (Refrigerated, Frozen and Ambient), Application (Pharmaceutical, Food & Beverage, Chemicals, Horticulture Products, Electronics and Others), Industry Trends and Forecast to 2029.
Middle East and Africa Thermal Insulation Packaging Market Analysis and Size
Thermal packaging is a product that acts as an insulator between a product being shipped and the outside air. It basically allows to ship a hot product in winter or a cold product in the summer. Insulated shipping containers are a type of packaging used to ship temperature sensitive products such as foods, pharmaceuticals, organs, blood, biologic materials, vaccines and chemicals. They are used as part of a cold chain to help maintain product freshness and efficacy.
These thermal insulation packaging are highly beneficial in controlling temperature of different pharmaceutical and food products as they act as a barrier preventing heat transfer between objects of differing temperatures. Data Bridge Market Research analyses that the thermal insulation packaging market is expected to reach the value of USD 502,244.61 thousands by the year 2029, at a CAGR of 5.8% during the forecast period. “Box " accounts for the most prominent product segment in the respective market owing to rise in the demand for temperature sensitive goods. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. However, no significant impact was noticed on their thermal insulation packaging global operations and supply chain, as import and export of vaccines and essential goods led to the increasing demand for thermal insulation packaging. This growing awareness and governmental push to the research and development and introducing eco-friendly and sustainable thermal insulation packaging increasing the growth of the thermal insulation packaging market.
The Market Dynamics of the Thermal Insulation Packaging Market Include:
- Growing Demand for Ready-to-Eat Food Products
The convenience provided by ready-to-eat foods provides a way to eat a healthy diet while adapting to the healthy insulating packaging requirements that helps in storing the food for a longer period of time. Ready-to-cook food requires perfect packaging solutions to protect the food from biological contamination and physical influence. This has in turn increased the demand for thermal insulating packaging materials.
- Rise in Application Usage in the Pharmaceutical Industry
A thermal insulation packaging system is necessary for maintaining the integrity and safety of the medical products which in turn increases the demand for thermal insulating packaging.
- Shifting Consumer’s Preference Towards Temperature-Sensitive Goods
The increased demand for temperature sensitive goods has further led to the rise in the demand for insulated packaging materials to keep the food safe and fresh. This in turn rises the demand for thermal insulating packaging materials.
- Increasing Spending Towards Cold-Chain Delivery System
Cold chain pharmaceutical and food products require a reliable infrastructure such as insulated packaging and storage facilities, for maintaining a precise temperature range when transporting from the manufacturer to the consumers. This in turn increases the demand for thermal insulating packaging materials.
The Middle East and Africa thermal insulation packaging market is segmented on the basis of product, packaging type, material, temperature range and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Carton Liners
- Bubble Cushioning
On the basis of product, Middle East and Africa thermal insulation packaging market is segmented into box, bags, carton liners, bubble cushioning and others. Box accounts for the largest market share, and are expected to witness high growth as boxes maintain the freshness of the products more compared to other products, which increases its demand in the region.
- Passive Packaging
- Active Packaging
- Cold Storage
On the basis of packaging type, Middle East and Africa thermal insulation packaging market is segmented into passive packaging, active packaging and cold storage. Passive packaging accounts for the largest market share, and are expected to witness high growth as they are lightweight and helps in protection of the goods from external damage which increases its demand in the region.
Thermal Insulation Packaging Market Regional Analysis/Insights
The thermal insulation packaging market is analyzed and market size insights and trends are provided by country, product, packaging type, material, temperature range, and application as referenced above.
The countries covered in the thermal insulation packaging market report are the U.A.E, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
U.A.E dominates the thermal insulation packaging market due to the rising demand for temperature-sensitive goods in the country. The rise in application usage in the pharmaceutical industry and food & beverages industry is expected to increase demand for thermal insulation packaging in country.
Competitive Landscape and Middle East and Africa Thermal Insulation Packaging Market Share Analysis
The thermal insulation packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to thermal insulation packaging market.
Some of the major players operating in the thermal insulation packaging market are
QProducts & Services,
Nordic Cold Chain Solutions,
Cellulose Material Solutions, LLC,
Cold Chain Technologies,
Sonoco Products Company,
CSafe Middle East and Africa,
Insulated Products Corporation,
The Wool Packaging Company Limited,
WestRock Company, and
Research Methodology: Middle East and Africa Thermal Insulation Packaging Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
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Major TOC of the Report
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 IMPACT OF COVID-19 ON THE MIDDLE EAST AND AFRICA THERMAL INSULATION PACKAGING MARKET
7 MIDDLE EAST AND AFRICA THERMAL INSULATION PACKAGING MARKET, BY INDUSTRY TYPE
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