FEATURED COMPANIES
- 3M Co.
- Arctic Ice LLC
- Cardinal Health Inc.
- Cold Chain Technologies
- Cryopak
- Ice Pack Store
- MORE
Global Reusable Icepacks Market: About this market
The reusable icepacks market analysis considers sales from ice/dry icepacks, refrigerant gel-based icepacks, and chemical-based icepack products. Our study also finds the sales of reusable icepacks in APAC, Europe, North America, South America, and MEA. In 2018, the ice/dry icepacks segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as preserving the inherent chemical properties of meat, medical, supplies, seafood, and biological materials will play a significant role in the ice/dry icepacks segment to maintain its market position. Also, our global reusable icepacks market report looks at factors such as increasing demand for packaged food and beverages, demand for cold solutions to reduce food wastage in developing countries, and increasing demand for reusable icepacks in sports injuries. However, safe handling and transportation of dry ice, environmental concerns related to plastic waste, and availability of substitutes may hamper the growth of the reusable icepacks industry over the forecast period.
Global Reusable Icepacks Market: Overview
Growing demand for cold solutions to reduce food wastage in developing countries
In developing countries, food wastage due to inadequate and inefficient cold chain infrastructure is driving the growth of the reusable icepacks market significantly. This is because only 5% of these products are transported via cold chain using reusable icepacks. Thus, to reduce food wastage, maintaining the freshness and shelf life of perishable food products, and overcoming the resultant revenue losses, the governments in developing countries, such as China and India, are focusing on establishing and implementing cold chain solutions, thus driving the use of reusable icepacks. This demand for cold solutions will lead to the expansion of the global reusable icepacks market at a CAGR of about 8% during the forecast period.
Increasing adoption of environmentally friendly icepacks
Growing environmental concerns and government regulations are compelling manufacturers to focus on biopolymer-based plastics. Biopolymers are renewable plastic materials manufactured from biomass, which comprises materials, such as corn, wheat, and sugarcane. The plastic cover extends the lifespan of reusable icepacks. The demand for biodegradable plastic products for industrial and consumer goods applications, especially in the food packaging industry, is increasing rapidly. The rising need for waste management has also contributed to the growth of the bio-based plastics industry. Eco-friendly initiatives undertaken by corporates and the abundant availability of the raw materials used in manufacturing bioplastics have also increased the use of biodegradable packaging. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global reusable icepacks market is highly fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading reusable icepacks manufacturers, that include 3M Co., Accurate Manufacturing Inc., Arctic Ice LLC, Cardinal Health Inc., Cold Chain Technologies, Cryopak, Ice Pack Store, King Brand Healthcare Products Ltd., Nordic Cold Chain Solutions, and TECHNI ICE.
Also, the reusable icepacks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The reusable icepacks market analysis considers sales from ice/dry icepacks, refrigerant gel-based icepacks, and chemical-based icepack products. Our study also finds the sales of reusable icepacks in APAC, Europe, North America, South America, and MEA. In 2018, the ice/dry icepacks segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as preserving the inherent chemical properties of meat, medical, supplies, seafood, and biological materials will play a significant role in the ice/dry icepacks segment to maintain its market position. Also, our global reusable icepacks market report looks at factors such as increasing demand for packaged food and beverages, demand for cold solutions to reduce food wastage in developing countries, and increasing demand for reusable icepacks in sports injuries. However, safe handling and transportation of dry ice, environmental concerns related to plastic waste, and availability of substitutes may hamper the growth of the reusable icepacks industry over the forecast period.
Global Reusable Icepacks Market: Overview
Growing demand for cold solutions to reduce food wastage in developing countries
In developing countries, food wastage due to inadequate and inefficient cold chain infrastructure is driving the growth of the reusable icepacks market significantly. This is because only 5% of these products are transported via cold chain using reusable icepacks. Thus, to reduce food wastage, maintaining the freshness and shelf life of perishable food products, and overcoming the resultant revenue losses, the governments in developing countries, such as China and India, are focusing on establishing and implementing cold chain solutions, thus driving the use of reusable icepacks. This demand for cold solutions will lead to the expansion of the global reusable icepacks market at a CAGR of about 8% during the forecast period.
Increasing adoption of environmentally friendly icepacks
Growing environmental concerns and government regulations are compelling manufacturers to focus on biopolymer-based plastics. Biopolymers are renewable plastic materials manufactured from biomass, which comprises materials, such as corn, wheat, and sugarcane. The plastic cover extends the lifespan of reusable icepacks. The demand for biodegradable plastic products for industrial and consumer goods applications, especially in the food packaging industry, is increasing rapidly. The rising need for waste management has also contributed to the growth of the bio-based plastics industry. Eco-friendly initiatives undertaken by corporates and the abundant availability of the raw materials used in manufacturing bioplastics have also increased the use of biodegradable packaging. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global reusable icepacks market is highly fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading reusable icepacks manufacturers, that include 3M Co., Accurate Manufacturing Inc., Arctic Ice LLC, Cardinal Health Inc., Cold Chain Technologies, Cryopak, Ice Pack Store, King Brand Healthcare Products Ltd., Nordic Cold Chain Solutions, and TECHNI ICE.
Also, the reusable icepacks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- 3M Co.
- Arctic Ice LLC
- Cardinal Health Inc.
- Cold Chain Technologies
- Cryopak
- Ice Pack Store
- MORE
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 08: MARKET SEGMENTATION BY APPLICATION
PART 11: DRIVERS AND CHALLENGES
Exhibit 01: Products offered by key vendors
Exhibit 02: Global metal and glass containers market
Exhibit 03: Segments of global metal and glass containers market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry s
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Product - Market share 2019-2024 (%)
Exhibit 19: Comparison by product
Exhibit 20: Ice/Dry icepacks - Market size and forecast 2019-2024 ($ millions)
Exhibit 21: Ice/Dry icepacks - Year-over-year growth 2020-2024 (%)
Exhibit 22: Refrigerant gel-based icepacks - Market size and forecast 2019-2024 ($ millions)
Exhibit 23: Refrigerant gel-based icepacks - Year-over-year growth 2020-2024 (%)
Exhibit 24: Chemical-based icepacks - Market size and forecast 2019-2024 ($ millions)
Exhibit 25: Chemical-based icepacks - Year-over-year growth 2020-2024 (%)
Exhibit 26: Market opportunity by product
Exhibit 27: Customer landscape
Exhibit 28: Application - Market share 2019-2024 (%)
Exhibit 29: Comparison by application
Exhibit 30: Food and beverage - Market size and forecast 2019-2024 ($ millions)
Exhibit 31: Food and beverage - Year-over-year growth 2020-2024 (%)
Exhibit 32: Medical and healthcare - Market size and forecast 2019-2024 ($ millions)
Exhibit 33: Medical and healthcare - Year-over-year growth 2020-2024 (%)
Exhibit 34: Chemicals - Market size and forecast 2019-2024 ($ millions)
Exhibit 35: Chemicals - Year-over-year growth 2020-2024 (%)
Exhibit 36: Market opportunity by application
Exhibit 37: Market share by geography 2019-2024 (%)
Exhibit 38: Geographic comparison
Exhibit 39: North America - Market size and forecast 2019-2024 ($ millions)
Exhibit 40: North America - Year-over-year growth 2020-2024 (%)
Exhibit 41: APAC - Market size and forecast 2019-2024 ($ millions)
Exhibit 42: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 43: Europe - Market size and forecast 2019-2024 ($ millions)
Exhibit 44: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 45: South America - Market size and forecast 2019-2024 ($ millions)
Exhibit 46: South America - Year-over-year growth 2020-2024 (%)
Exhibit 47: MEA - Market size and forecast 2019-2024 ($ millions)
Exhibit 48: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 49: Key leading countries
Exhibit 50: Market opportunity
Exhibit 51: Impact of drivers and challenges
Exhibit 52: Vendor landscape
Exhibit 53: Landscape disruption
Exhibit 54: Vendors covered
Exhibit 55: Vendor classification
Exhibit 56: Market positioning of vendors
Exhibit 57: M Co. - Vendor overview
Exhibit 58: M Co. - Business segments
Exhibit 59: M Co. - Organizational developments
Exhibit 60: M Co. - Geographic focus
Exhibit 61: M Co. - Segment focus
Exhibit 62: M Co. - Key offerings
Exhibit 63: Accurate Manufacturing Inc. - Vendor overview
Exhibit 64: Accurate Manufacturing Inc. - Product segments
Exhibit 65: Accurate Manufacturing Inc. - Key offerings
Exhibit 66: Arctic Ice LLC - Vendor overview
Exhibit 67: Arctic Ice LLC - Product segments
Exhibit 68: Arctic Ice LLC - Key offerings
Exhibit 69: Cardinal Health Inc. - Vendor overview
Exhibit 70: Cardinal Health Inc. - Business segments
Exhibit 71: Cardinal Health Inc. - Organizational developments
Exhibit 72: Cardinal Health Inc. - Geographic focus
Exhibit 73: Cardinal Health Inc. - Segment focus
Exhibit 74: Cardinal Health Inc. - Key offerings
Exhibit 75: Cold Chain Technologies - Vendor overview
Exhibit 76: Cold Chain Technologies - Business segments
Exhibit 77: Cold Chain Technologies - Organizational developments
Exhibit 78: Cold Chain Technologies - Key offerings
Exhibit 79: Cryopak - Vendor overview
Exhibit 80: Cryopak - Business segments
Exhibit 81: Cryopak - Organizational developments
Exhibit 82: Cryopak - Key offerings
Exhibit 83: Ice Pack Store - Vendor overview
Exhibit 84: Ice Pack Store - Product segments
Exhibit 85: Ice Pack Store - Key offerings
Exhibit 86: King Brand Healthcare Products Ltd. - Vendor overview
Exhibit 87: King Brand Healthcare Products Ltd. - Product segments
Exhibit 88: King Brand Healthcare Products Ltd. - Key offerings
Exhibit 89: Nordic Cold Chain Solutions - Vendor overview
Exhibit 90: Nordic Cold Chain Solutions - Business segments
Exhibit 91: Nordic Cold Chain Solutions - Key offerings
Exhibit 92: TECHNI ICE - Vendor overview
Exhibit 93: TECHNI ICE - Product segments
Exhibit 94: TECHNI ICE - Key offerings
Exhibit 95: Validation techniques employed for market sizing
Exhibit 96: Definition of market positioning of vendors
PART 02: SCOPE OF THE REPORT
- Preface
- Currency conversion rates for US$
- Market ecosystem
- Market characteristics
- Value Chain Analysis
- Market segmentation analysis
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Market segmentation by product
- Comparison by product
- Ice/Dry icepacks - Market size and forecast 2019-2024
- Refrigerant gel-based icepacks - Market size and forecast 2019-2024
- Chemical-based icepacks - Market size and forecast 2019-2024
- Market opportunity by product
PART 08: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Food and beverage - Market size and forecast 2019-2024
- Medical and healthcare - Market size and forecast 2019-2024
- Chemicals - Market size and forecast 2019-2024
- Market opportunity by application
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Rapid industrialization and economic growth in emerging markets
- Increasing adoption of environment-friendly icepacks
- Growing outsourcing of pharmaceutical manufacturing
- Overview
- Landscape disruption
- Competitive scenario
- Vendors covered
- Vendor classification
- Market positioning of vendors
- 3M Co.
- Accurate Manufacturing, Inc.
- Arctic Ice LLC
- Cardinal Health Inc.
- Cold Chain Technologies
- Cryopak
- Ice Pack Store
- King Brand Healthcare Products Ltd.
- Nordic Cold Chain Solutions
- TECHNI ICE
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
Exhibit 01: Products offered by key vendors
Exhibit 02: Global metal and glass containers market
Exhibit 03: Segments of global metal and glass containers market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry s
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Product - Market share 2019-2024 (%)
Exhibit 19: Comparison by product
Exhibit 20: Ice/Dry icepacks - Market size and forecast 2019-2024 ($ millions)
Exhibit 21: Ice/Dry icepacks - Year-over-year growth 2020-2024 (%)
Exhibit 22: Refrigerant gel-based icepacks - Market size and forecast 2019-2024 ($ millions)
Exhibit 23: Refrigerant gel-based icepacks - Year-over-year growth 2020-2024 (%)
Exhibit 24: Chemical-based icepacks - Market size and forecast 2019-2024 ($ millions)
Exhibit 25: Chemical-based icepacks - Year-over-year growth 2020-2024 (%)
Exhibit 26: Market opportunity by product
Exhibit 27: Customer landscape
Exhibit 28: Application - Market share 2019-2024 (%)
Exhibit 29: Comparison by application
Exhibit 30: Food and beverage - Market size and forecast 2019-2024 ($ millions)
Exhibit 31: Food and beverage - Year-over-year growth 2020-2024 (%)
Exhibit 32: Medical and healthcare - Market size and forecast 2019-2024 ($ millions)
Exhibit 33: Medical and healthcare - Year-over-year growth 2020-2024 (%)
Exhibit 34: Chemicals - Market size and forecast 2019-2024 ($ millions)
Exhibit 35: Chemicals - Year-over-year growth 2020-2024 (%)
Exhibit 36: Market opportunity by application
Exhibit 37: Market share by geography 2019-2024 (%)
Exhibit 38: Geographic comparison
Exhibit 39: North America - Market size and forecast 2019-2024 ($ millions)
Exhibit 40: North America - Year-over-year growth 2020-2024 (%)
Exhibit 41: APAC - Market size and forecast 2019-2024 ($ millions)
Exhibit 42: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 43: Europe - Market size and forecast 2019-2024 ($ millions)
Exhibit 44: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 45: South America - Market size and forecast 2019-2024 ($ millions)
Exhibit 46: South America - Year-over-year growth 2020-2024 (%)
Exhibit 47: MEA - Market size and forecast 2019-2024 ($ millions)
Exhibit 48: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 49: Key leading countries
Exhibit 50: Market opportunity
Exhibit 51: Impact of drivers and challenges
Exhibit 52: Vendor landscape
Exhibit 53: Landscape disruption
Exhibit 54: Vendors covered
Exhibit 55: Vendor classification
Exhibit 56: Market positioning of vendors
Exhibit 57: M Co. - Vendor overview
Exhibit 58: M Co. - Business segments
Exhibit 59: M Co. - Organizational developments
Exhibit 60: M Co. - Geographic focus
Exhibit 61: M Co. - Segment focus
Exhibit 62: M Co. - Key offerings
Exhibit 63: Accurate Manufacturing Inc. - Vendor overview
Exhibit 64: Accurate Manufacturing Inc. - Product segments
Exhibit 65: Accurate Manufacturing Inc. - Key offerings
Exhibit 66: Arctic Ice LLC - Vendor overview
Exhibit 67: Arctic Ice LLC - Product segments
Exhibit 68: Arctic Ice LLC - Key offerings
Exhibit 69: Cardinal Health Inc. - Vendor overview
Exhibit 70: Cardinal Health Inc. - Business segments
Exhibit 71: Cardinal Health Inc. - Organizational developments
Exhibit 72: Cardinal Health Inc. - Geographic focus
Exhibit 73: Cardinal Health Inc. - Segment focus
Exhibit 74: Cardinal Health Inc. - Key offerings
Exhibit 75: Cold Chain Technologies - Vendor overview
Exhibit 76: Cold Chain Technologies - Business segments
Exhibit 77: Cold Chain Technologies - Organizational developments
Exhibit 78: Cold Chain Technologies - Key offerings
Exhibit 79: Cryopak - Vendor overview
Exhibit 80: Cryopak - Business segments
Exhibit 81: Cryopak - Organizational developments
Exhibit 82: Cryopak - Key offerings
Exhibit 83: Ice Pack Store - Vendor overview
Exhibit 84: Ice Pack Store - Product segments
Exhibit 85: Ice Pack Store - Key offerings
Exhibit 86: King Brand Healthcare Products Ltd. - Vendor overview
Exhibit 87: King Brand Healthcare Products Ltd. - Product segments
Exhibit 88: King Brand Healthcare Products Ltd. - Key offerings
Exhibit 89: Nordic Cold Chain Solutions - Vendor overview
Exhibit 90: Nordic Cold Chain Solutions - Business segments
Exhibit 91: Nordic Cold Chain Solutions - Key offerings
Exhibit 92: TECHNI ICE - Vendor overview
Exhibit 93: TECHNI ICE - Product segments
Exhibit 94: TECHNI ICE - Key offerings
Exhibit 95: Validation techniques employed for market sizing
Exhibit 96: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- 3M Co.
- Arctic Ice LLC
- Cardinal Health Inc.
- Cold Chain Technologies
- Cryopak
- Ice Pack Store
- MORE
The following companies as the key players in the global reusable icepacks market: 3M Co., Accurate Manufacturing Inc., Arctic Ice LLC, Cardinal Health Inc., Cold Chain Technologies, Cryopak, Ice Pack Store, King Brand Healthcare Products Ltd., Nordic Cold Chain Solutions, and TECHNI ICE.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing adoption of environmentally friendly icepacks.”
According to the report, one of the major drivers for this market is the growing demand for cold solutions to reduce food wastage in developing countries.
Further, the report states that one of the major factors hindering the growth of this market is the availability of substitutes.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing adoption of environmentally friendly icepacks.”
According to the report, one of the major drivers for this market is the growing demand for cold solutions to reduce food wastage in developing countries.
Further, the report states that one of the major factors hindering the growth of this market is the availability of substitutes.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
- 3M Co.
- Accurate Manufacturing Inc.
- Arctic Ice LLC
- Cardinal Health Inc.
- Cold Chain Technologies
- Cryopak
- Ice Pack Store
- King Brand Healthcare Products Ltd.
- Nordic Cold Chain Solutions
- TECHNI ICE.
Note: Product cover images may vary from those shown
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