USA and Canada Cold Chain Packaging Market Introduction and Overview
According to SPER Market Research, the USA and Canada Cold Chain Packaging Market is estimated to reach USD 22.23 billion by 2033 with a CAGR of 12.41%.
The report includes an in-depth analysis of the USA and Canada Cold Chain Packaging Market, including market size and trends, product mix, Applications, and supplier analysis. Cold chain packaging is the phrase used to describe the kind of packaging used to keep delicate products at appropriate temperatures. The market for temperature monitoring cold packaging products is being driven by the increasing commerce of temperature-sensitive goods, such as food and medications. Temperature monitoring is a crucial procedure in cold chain logistics to maintain product quality. Leading producers connected to cold chain logistics companies are thus concentrating on creating new goods that can effectively address the technical issues in cold chain transportation. Innovative packaging has a lot of promise to reduce other losses. It also contributes to the creation of dependable supply networks and increases profit margins.
- August 2022: Tower Cold Chain Company made an announcement on the launch of its new hub. Situated in Chicago, it has expanded the company's reach and service capabilities throughout the US.
- December 2021: Csafe Global announced the acquisition of Softbox Systems. It offers passive temperature-controlled packaging solutions to the pharmaceutical, cold chain logistics, and life science industries. It would greatly contribute to the improvement of CSafe's line of passive products.
Market Opportunities and Challenges
The cold chain packaging industry in the United States and Canada is expected to experience growth, primarily driven by the expanding food industry, especially in packaged products like meat and dairy. The food and beverage sector, a significant end user of cold chain packaging, faces challenges such as post-harvest losses, prompting the development of robust cold chain systems in both countries. This trend is expected to fuel the opportunities for cold chain packaging. Additionally, the market is anticipated to benefit from increased exports and imports of food, pharmaceuticals, and chemicals, where these packaging solutions play a crucial role in ensuring the secure transportation of goods, leading to a profitable expansion during the forecast period. Additionally, companies in both country' cold chain packaging markets would provide solutions for both reusable and disposable packaging. In order to produce more economical and temperature-efficient solutions, industry manufacturers would also make large investments in R&D.
However, the substantial initial outlay needed to build the essential infrastructure may place limits on the expansion of the cold chain packaging sector. Building up temperature-controlled storage facilities, transportation networks, refrigeration systems, and customised packaging solutions all come at a high cost when building a strong cold chain infrastructure. Market participants may face difficulties as a result of these upfront costs, particularly smaller companies or those operating in underdeveloped areas. It is anticipated that the cold chain packaging infrastructure's high initial cost will limit the market's potential for expansion. But as technology develops and people become more aware of the advantages of cold chain packaging, these obstacles might eventually be lessened.
Market Competitive Landscape
Leading companies in the cold chain packaging market in the US and Canada are making significant profits by creating new goods. They would also benefit from recent initiatives and mergers carried out by well-known firms in the US and Canada, which would give them a competitive advantage. The major players in the USA and Canada Cold Chain Packaging market include: American Thermal Instruments, Cold Chain Technologies, Cryopak Industries Inc., CSafe Global, LLC, DGP Intelsius LLC, Insulated Products Corporation, Klinge Corporation, Mettcover Global, Nordic Cold Chain Solutions, Orora Packaging Solutions, RipplePak Ltd., Sealed Air Corporation, Sofrigam SAS, Sonoco Products Company, TemperPack Technologies, Inc., Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Packaging, By Material Type, By End Use
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| Regions covered | USA and Canada
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| Companies Covered | American Thermal Instruments, Cold Chain Technologies, Cryopak Industries Inc., CSafe Global, LLC, DGP Intelsius LLC, Insulated Products Corporation, Klinge Corporation, Mettcover Global, Nordic Cold Chain Solutions, Orora Packaging Solutions, RipplePak Ltd., Sealed Air Corporation, Sofrigam SAS, Sonoco Products Company, TemperPack Technologies, Inc., Others
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COVID-19 Impact on USA and Canada Cold Chain Packaging Market
The COVID-19 pandemic had a twofold impact on the cold chain packaging market. There was a surge in demand for temperature-controlled packaging, notably in healthcare and pharmaceuticals for vaccines and medical supplies. Simultaneously, lockdowns and travel restrictions disrupted supply chains, underscoring the importance of efficient cold chain packaging and logistics. Changes in consumer behaviour, favouring e-commerce and home deliveries, heightened the need for cold chain packaging to ensure the safe and fresh delivery of perishable items. Stricter regulatory standards for product safety increased the demand for compliant packaging solutions. The pandemic accelerated innovation, leading to advancements like temperature-monitoring devices and sustainable materials, emphasizing the pivotal role of cold chain packaging in ensuring safe and efficient distribution of temperature-sensitive products, driving market growth and adaptation.
Key Target Audience:
- Agricultural Sector
- Biotechnology Companies
- Cold Storage Facilities
- Food and Beverage Industry
- Healthcare Institutions
- Logistics and Transportation Companies
- Pharmaceutical Companies
- Others
Our in-depth analysis of the USA and Canada Cold Chain Packaging Market includes the following segments:
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By Product Type:
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Foam Bricks
Gel Packs
Insulated Containers
Pallet Shippers
Phase Change Cold Storage Products
Protective Packaging
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By Packaging:
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Disposable Packaging
Reusable Packaging
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By Material Type:
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Metal
Paper
Polymer
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By End Use:
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Beverages
Building & Construction
Chemical
Cosmetics & Personal Care
Electronics
Food
Pharmaceutical
Research Institutes
Textile
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Key Topics Covered in the Report:
- USA and Canada Cold Chain Packaging Market Size (FY’2023-FY’2033)
- Overview of USA and Canada Cold Chain Packaging Market
- Segmentation of USA and Canada Cold Chain Packaging Market By Product Type (Foam Bricks, Gel Packs, Insulated Containers, Pallet Shippers, Phase Change Cold Storage Products, Protective Packaging)
- Segmentation of USA and Canada Cold Chain Packaging Market By Packaging (Disposable Packaging, Reusable Packaging)
- Segmentation of USA and Canada Cold Chain Packaging Market By Material Type (Metal, Paper, Polymer)
- Segmentation of USA and Canada Cold Chain Packaging Market By End Use (Beverages, Building & Construction, Chemical, Cosmetics & Personal Care, Electronics, Food, Pharmaceutical, Research Institutes, Textile, Others)
- Statistical Snap of USA and Canada Cold Chain Packaging Market
- Expansion Analysis of USA and Canada Cold Chain Packaging Market
- Problems and Obstacles in USA and Canada Cold Chain Packaging Market
- Competitive Landscape in the USA and Canada Cold Chain Packaging Market
- Impact of COVID-19 and Demonetization on USA and Canada Cold Chain Packaging Market
- Details on Current Investment in USA and Canada Cold Chain Packaging Market
- Competitive Analysis of USA and Canada Cold Chain Packaging Market
- Prominent Players in the USA and Canada Cold Chain Packaging Market
- SWOT Analysis of USA and Canada Cold Chain Packaging Market
- USA and Canada Cold Chain Packaging Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data Source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the USA and Canada Cold Chain Packaging Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. USA and Canada Cold Chain Packaging Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in USA and Canada Cold Chain Packaging Market
7. USA and Canada Cold Chain Packaging Market, By Product Type (USD Million)
7.1. USA and Canada Cold Chain Packaging Market Value Share and Forecast, By Product Type, 2023-2033
7.2. Foam Bricks
7.3. Gel Packs
7.4. Insulated Containers
7.5. Pallet Shippers
7.6. Phase Change Cold Storage Products
7.7. Protective Packaging
8. USA and Canada Cold Chain Packaging Market, By Packaging (USD Million)
8.1. USA and Canada Cold Chain Packaging Market Value Share and Forecast, By Packaging, 2023-2033
8.2. Disposable Packaging
8.3. Reusable Packaging
9. USA and Canada Cold Chain Packaging Market, By Material Type (USD Million)
9.1. USA and Canada Cold Chain Packaging Market Value Share and Forecast, By Material Type, 2023-2033
9.2. Metal
9.3. Paper
9.4. Polymer
9.4.1. Polyethylene
9.4.2. Polypropylene
9.4.3. PET
9.4.4. EPS
9.4.5. Polyurethane
9.4.6. Others
10. USA and Canada Cold Chain Packaging Market, By End Use (USD Million)
10.1. USA and Canada Cold Chain Packaging Market Value Share and Forecast, By End Use, 2023-2033
10.2. Beverages
10.3. Building & Construction
10.4. Chemical
10.5. Cosmetics & Personal Care
10.6. Electronics
10.7. Food
10.8. Pharmaceutical
10.9. Research Institutes
10.10. Textile
10.11. Others
11. USA and Canada Cold Chain Packaging Market Forecast, 2019-2033 (USD Million)
11.1. USA and Canada Cold Chain Packaging Market Size and Market Share
12. USA and Canada Cold Chain Packaging Market, By Product Type, 2019-2033 (USD Million)
12.1. USA and Canada Cold Chain Packaging Market Size and Market Share By Product Type (2019-2026)
12.2. USA and Canada Cold Chain Packaging Market Size and Market Share By Product Type (2027-2033)
13. USA and Canada Cold Chain Packaging Market, By Packaging, 2019-2033 (USD Million)
13.1. USA and Canada Cold Chain Packaging Market Size and Market Share By Packaging (2019-2026)
13.2. USA and Canada Cold Chain Packaging Market Size and Market Share By Packaging (2027-2033)
14. USA and Canada Cold Chain Packaging Market, By Material Type, 2019-2033 (USD Million)
14.1. USA and Canada Cold Chain Packaging Market Size and Market Share By Material Type (2019-2026)
14.2. USA and Canada Cold Chain Packaging Market Size and Market Share By Material Type (2027-2033)
15. USA and Canada Cold Chain Packaging Market, By End Use, 2019-2033 (USD Million)
15.1. USA and Canada Cold Chain Packaging Market Size and Market Share By End Use (2019-2026)
15.2. USA and Canada Cold Chain Packaging Market Size and Market Share By End Use (2027-2033)
16. USA and Canada Cold Chain Packaging Market, By Region, 2019-2033 (USD Million)
16.1. USA and Canada Cold Chain Packaging Market Size and Market Share By Region (2019-2026)
16.2. USA and Canada Cold Chain Packaging Market Size and Market Share By Region (2027-2033)
16.3. Canada
16.4. USA
17. Company Profile
17.1. American Thermal Instruments
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Cold Chain Technologies
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Cryopak Industries Inc.
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. CSafe Global, LLC
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. DGP Intelsius LLC
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Insulated Products Corporation
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Klinge Corporation
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Mettcover Global
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Nordic Cold Chain Solutions
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Orora Packaging Solutions
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. RipplePak Ltd.
17.11.1. Company details
17.11.2. Financial outlook
17.11.3. Product summary
17.11.4. Recent developments
17.12. Sealed Air Corporation
17.12.1. Company details
17.12.2. Financial outlook
17.12.3. Product summary
17.12.4. Recent developments
17.13. Sofrigam SAS
17.13.1. Company details
17.13.2. Financial outlook
17.13.3. Product summary
17.13.4. Recent developments
17.14. Sonoco Products Company
17.14.1. Company details
17.14.2. Financial outlook
17.14.3. Product summary
17.14.4. Recent developments
17.15. TemperPack Technologies, Inc.
17.15.1. Company details
17.15.2. Financial outlook
17.15.3. Product summary
17.15.4. Recent developments
17.16. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope