North America Insulated Shippers Market Size & Outlook
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North America insulated shippers market highlights
- The North America insulated shippers market generated a revenue of USD 2,014.0 million in 2023.
- The market is expected to grow at a CAGR of 10.1% from 2024 to 2028.
- In terms of segment, eps was the largest revenue generating material in 2023.
- Biodegradables is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2028.
North America data book summary
| Market revenue in 2023 | USD 2,014.0 million |
| Market revenue in 2028 | USD 3,251.2 million |
| Growth rate | 10.1% (CAGR from 2023 to 2028) |
| Largest segment | Eps |
| Fastest growing segment | Biodegradables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper-based, Wool, EPS, EPP, Polyurethane, Metalized Bubble Wrap, Vacuum Insulated Panels, Biodegradables |
| Key market players worldwide | Sonoco Products Co, Sealed Air Corp, Cascades Inc, ICEE Containers Pty Ltd, Knauf, CSafe Global, Shiseido Co Ltd, Cryopak |
Other key industry trends
- In terms of revenue, North America region accounted for 23.1% of the global insulated shippers market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,008.4 million by 2028.
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Insulated Shippers Market Scope
Insulated Shippers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cascades Inc | View profile | 10000 | 404, Rue Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, Canada, J0A 1B0 | https://www.cascades.com |
| Knauf | View profile | 51-100 | Utrecht, Utrecht, The Netherlands, Europe | https://knauf.be/nl |
| ICEE Containers Pty Ltd | View profile | - | Tullamarine, Victoria, Australia, Oceania | http://www.iceefoldingbox.com |
| CSafe Global | View profile | 101-250 | Dayton, Ohio, United States, North America | http://csafeglobal.com |
| Cryopak | View profile | 101-250 | Edison, New Jersey, United States, North America | https://www.cryopak.com/ |
| Sealed Air Corp | View profile | 17000 | 2415 Cascade Pointe Boulevard, Charlotte, NC, United States, 28208 | https://www.sealedair.com |
| Shiseido Co Ltd | View profile | 35859 | 5-5 Ginza 7-chome, Chuo-ku, Tokyo, Japan, 104-0061 | http://www.shiseido.co.jp |
| Sonoco Products Co | View profile | 23000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | http://www.sonoco.com |
North America insulated shippers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to insulated shippers market will help companies and investors design strategic landscapes.
Eps was the largest segment with a revenue share of 21.46% in 2023. Horizon Databook has segmented the North America insulated shippers market based on paper-based, wool, eps, epp, polyurethane, metalized bubble wrap, vacuum insulated panels, biodegradables covering the revenue growth of each sub-segment from 2018 to 2028.
North America is marked by a significant presence of online grocery stores that primarily prefer insulated shippers for the transportation of fruits & vegetables and processed foods. SPUD.ca, Longo Brothers Fruit Markets Inc., Fresh City Farms, Inc.
Mama Earth Organics, Farm Fresh To You, and Imperfect Produce, among others, are few of the key online grocery providers operating in the region. Thermo Safe, an insulated packaging unit of Sonoco Products Company, has a strong presence in the region. Furthermore, growing online grocery platforms in Mexico are anticipated to drive the insulated shippers market in North America over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America insulated shippers market , including forecasts for subscribers. This continent databook contains high-level insights into North America insulated shippers market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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North America insulated shippers market size, by country, 2018-2028 (US$M)
North America Insulated Shippers Market Outlook Share, 2023 & 2028 (US$M)
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