Insulated shipping packaging is a type of packaging designed to protect goods that are sensitive to temperature during transportation. The main purpose of this packaging is to ensure that specific temperature ranges are maintained to prevent any spoilage or damage to the products during shipping. Typically, insulated shipping packaging is used for perishable goods such as food, beverages, and pharmaceuticals that require temperature-controlled transportation. With the growth of e-commerce and cross-border trade, there has been a significant increase in demand for insulated shipping packaging. Fresh and frozen foods, as well as pharmaceuticals, are also contributing to the growth of the market.

The insulated shipping packaging market is segmented based on the type of material used, product type, application, and geography. The most commonly used materials for insulated shipping packaging are expanded polystyrene (EPS), polyurethane foam (PU), and vacuum insulated panels (VIP). The product types include boxes, containers, bags, and wraps, among others, and the applications include food and beverages, pharmaceuticals, chemicals, and others. The leading markets for insulated shipping packaging are North America and Europe due to the high demand for temperature-sensitive products in these regions. The Asia Pacific region is also experiencing rapid growth in the market due to the increasing demand for fresh and frozen foods and the growth of the pharmaceutical industry.

The COVID-19 pandemic has had a significant impact on the insulated shipping packaging market. The increase in e-commerce and online shopping, along with the rising demand for temperature-sensitive products, has led to an increase in demand for insulated packaging solutions. However, the pandemic has also caused supply chain disruptions and reduced production levels due to lockdowns and travel restrictions. To meet the demand for insulated shipping packaging, companies have had to increase their production capacity and adapt to the changing market conditions. Despite this, there have been challenges such as raw material shortages, increased production costs, and logistic difficulties. The closure of factories and distribution centers has also caused delivery delays and impacted the supply chain.

In summary, while the COVID-19 pandemic has presented challenges for the insulated shipping packaging market, it has also created opportunities for growth and expansion as companies adapt to meet the increasing demand for temperature-sensitive products in the e-commerce and online shopping industries.

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; COOL Sarl, Creo pack packaging, Cryopak, Drew foam companies, Harwal groups, Marko foam products, Radwa Corporation, Sofrigam, Sonoco products, Topa thermal

By Material Type: Based on the By Material Type, Global Insulated Shipping Packaging Market is segmented as; Polyurethane, Pneumatic, Polystyrene, Extended Polystyrene, Extruded Polystyrene

By Capacity: Based on the By Capacity, Global Insulated Shipping Packaging Market is segmented as; Up to 5L, 5L – 10 L, 10L – 15 L, above 15 L

By Sales Channel: Based on the By Sales Channel, Global Insulated Shipping Packaging Market is segmented as; Specialty/Departmental Stores, Online, Distributors

By End Use: Based on the End Use, Global Insulated Shipping Packaging Market is segmented as; Food and Beverages, Pharmaceuticals, Chemicals, Others

By Region: Asia Pacific led the insulated shippers market, accounting for the most revenue share. Over the projection period, the region is expected to dominate the industry. E-commerce enterprises in Asia Pacific, notably in China, generally use this product for the delivery of fresh produce and processed food. In North America, the market is dominated by online grocery retailers, who choose insulated shippers for the shipment of fruits and vegetables and processed commodities. SPUD.ca, Longo Brothers Fruit Stores Ltd., Fresh City Farms, Inc., Mother Earth Organics, Farm Fresh to You, and Imperfect Produce are some of the region's major online grocery vendors. America's reliance on plastic packaging materials like EPS, EPP, polyurethane, and others is likely to increase demand for sustainable packaging options like paper in the future years. Increasingly severe laws governing the use of plastic materials for packaging are projected to present substantial hurdles for European makers of insulated shippers. In Last six years, the European Union enacted a regional ban on single-use plastic, pushing package makers to invest in the development of sustainable packaging alternatives.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.