Global Cold Chain Packaging Market Size & Outlook
Global cold chain packaging market, 2018-2030 (US$M)
Related Markets
Global cold chain packaging market highlights
- The global cold chain packaging market generated a revenue of USD 26,170.0 million in 2023 and is expected to reach USD 59,950.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 12.6% by 2030.
- In terms of segment, expanded polystyrene (eps) accounted for a revenue of USD 10,137.4 million in 2023.
- Paper & Paperboard is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 26,170.0 million |
| Market revenue in 2030 | USD 59,950.3 million |
| Growth rate | 12.6% (CAGR from 2023 to 2030) |
| Largest segment | Expanded polystyrene (eps) |
| Fastest growing segment | Paper & Paperboard |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Expanded Polystyrene (EPS), Polyurethane Rigid Foam (PUR), Paper & Paperboard, Others (Fiberglass, Jute, silica) |
Other key industry trends
- In terms of revenue, the North America accounted for 33.1% of the global cold chain packaging market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 2,781.8 million by 2030.
Expanded polystyrene (eps) was the largest segment with a revenue share of 38.74% in 2023. Horizon Databook has segmented the Global cold chain packaging market based on expanded polystyrene (eps), polyurethane rigid foam (pur), paper & paperboard, others (fiberglass, jute, silica) covering the revenue growth of each sub-segment from 2018 to 2030.
The cold chain packaging plays a vital role in preserving the quality of food, as it assists in slow biological decay of the products and thus ensuring safety and quality of the food products consumed by the end users. Further, growing population has led to the increased consumption of foods and beverages that has increased the demand for the cold chain packaging products and solutions.
The increasing penetration of organized retail sector in the emerging economies has propelled the demand for the packaged food. Furthermore, increasing Foreign Direct Investments (FDI) in emerging economies will enable the U.S. based cold chain operators to tap opportunities in their different market places.
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Cold Chain Packaging Market Scope
Cold Chain Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global cold chain packaging market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cold chain packaging market size, 2023 (US$M)
Global cold chain packaging market share, by material, 2023 & 2030 (%, US$M)
Cold chain packaging market: Opportunity assessment by country
Global cold chain packaging market, by region, 2023 (US$M)
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