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Ice Box Trends and Forecast
The future of the global ice box market looks promising with opportunities in the pharmaceutical and food & beverage markets. The global ice box market is expected to reach an estimated $900.6 million by 2030 with a CAGR of 12.6% from 2024 to 2030. The major drivers for this market are increasing need for temperature control in order to reduce food loss and associated health hazards, rise in population and rapid urbanization, as well as, growth in the pharmaceutical industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Ice Box by Segment
The study includes a forecast for the global ice box by type, raw material, end use, and region.
Ice Box Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Reusable
• Disposable
Ice Box Market by Raw Material [Shipment Analysis by Value from 2018 to 2030]:
• PU Foam
• Expanded Polystyrene
• Extruded Polystyrene
• Expanded Polypropylene
• Others
Ice Box Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Pharmaceuticals
• Food & Beverages
• Others
Ice Box Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Ice Box Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ice box companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ice box companies profiled in this report include-
• Blowkings
• Coldchain Technologies
• Sonoco
• CSafe
• Azenta
• Bison Coolers
• Sofrigam
• VA-Q-tec
• Cool Ice Box
• Wild Coolers
Ice Box Market Insights
Lucintel forecasts that reusable is expected to witness the higher growth over the forecast period because it is more robust and less costly than throwaway cooler boxes, and it is mostly utilized in the pharmaceutical sector, where itÄX%$%Xs crucial for products to be comfortable at all temperatures.
APAC is expected to witness highest growth over the forecast period due to rise in demand for cold storage and shipping in nations like China and India.
Features of the Global Ice Box Market
Market Size Estimates: Ice box market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ice box market size by type, raw material, end use, and region in terms of value ($M).
Regional Analysis: Ice box market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, raw material, end use, and regions for the ice box market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ice box market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the ice box market size?
Answer: The global ice box market is expected to reach an estimated $900.6 million by 2030.
Q2. What is the growth forecast for ice box market?
Answer: The global ice box market is expected to grow with a CAGR of 12.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the ice box market?
Answer: The major drivers for this market are increasing need for temperature control in order to reduce food loss and associated health hazards, rise in population and rapid urbanization, as well as, growth in the pharmaceutical industry.
Q4. What are the major segments for ice box market?
Answer: The future of the global ice box market looks promising with opportunities in the pharmaceutical and food & beverage markets.
Q5. Who are the key ice box market companies?
Answer: Some of the key ice box companies are as follows:
• Blowkings
• Coldchain Technologies
• Sonoco
• CSafe
• Azenta
• Bison Coolers
• Sofrigam
• VA-Q-tec
• Cool Ice Box
• Wild Coolers
Q6. Which ice box market segment will be the largest in future?
Answer: Lucintel forecasts that reusable is expected to witness the higher growth over the forecast period because it is more robust and less costly than throwaway cooler boxes, and it is mostly utilized in the pharmaceutical sector, where itÄX%$%Xs crucial for products to be comfortable at all temperatures.
Q7. In ice box market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rise in demand for cold storage and shipping in nations like China and India.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the ice box market by type (reusable and disposable), raw material (PU foam, expanded polystyrene, extruded polystyrene, expanded polypropylene, and others), end use (pharmaceuticals, food & beverages, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players PUrsuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Ice Box Market, Ice Box Market Size, Ice Box Market Growth, Ice Box Market Analysis, Ice Box Market Report, Ice Box Market Share, Ice Box Market Trends, Ice Box Market Forecast, Ice Box Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Ice Box Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Ice Box Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Ice Box Market by Type
3.3.1: Reusable
3.3.2: Disposable
3.4: Global Ice Box Market by Raw Material
3.4.1: PU Foam
3.4.2: Expanded Polystyrene
3.4.3: Extruded Polystyrene
3.4.4: Expanded Polypropylene
3.4.5: Others
3.5: Global Ice Box Market by End Use
3.5.1: Pharmaceuticals
3.5.2: Food & Beverages
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Ice Box Market by Region
4.2: North American Ice Box Market
4.2.2: North American Ice Box Market by End Use: Pharmaceuticals, Food & Beverages, and Others
4.3: European Ice Box Market
4.3.1: European Ice Box Market by Type: Reusable and Disposable
4.3.2: European Ice Box Market by End Use: Pharmaceuticals, Food & Beverages, and Others
4.4: APAC Ice Box Market
4.4.1: APAC Ice Box Market by Type: Reusable and Disposable
4.4.2: APAC Ice Box Market by End Use: Pharmaceuticals, Food & Beverages, and Others
4.5: ROW Ice Box Market
4.5.1: ROW Ice Box Market by Type: Reusable and Disposable
4.5.2: ROW Ice Box Market by End Use: Pharmaceuticals, Food & Beverages, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Ice Box Market by Type
6.1.2: Growth Opportunities for the Global Ice Box Market by Raw Material
6.1.3: Growth Opportunities for the Global Ice Box Market by End Use
6.1.4: Growth Opportunities for the Global Ice Box Market by Region
6.2: Emerging Trends in the Global Ice Box Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Ice Box Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Ice Box Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Blowkings
7.2: Coldchain Technologies
7.3: Sonoco
7.4: CSafe
7.5: Azenta
7.6: Bison Coolers
7.7: Sofrigam
7.8: VA-Q-tec
7.9: Cool Ice Box
7.10: Wild Coolers
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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