The US insulated packaging market is projected to grow at a CAGR of 4.1% during the forecast period. The key factors that drive industry growth include rapid growth in the e-commerce industry. The increasing urban population is primarily enhancing the e-commerce industry in the US. Owing to this, there is an increase in the demand for innovative and flexible packaging, which fuels market growth in the country. Rapid urbanization along with per capita income is likely to bolster the insulated packaging market. Insulated packaging aids in maintaining the normal temperature in extreme weather conditions which encourages its adoption across various applications in the country.
Browse the full report description of "US Insulated Packaging Market Size, Share & Trends Analysis Report by Material (Corrugated Cardboard, Plastics, Glass, and Others), by Product Type (Rigid, Semi-Rigid, and Flexible), and by Application (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, and Other Applications) Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/us-insulated-packaging-market
Further, the support and regulations mandated by the government are also supporting the growth of the market. For instance, the US Food and Drug Administration (US-FDA) strictly regulates the food-contact packaging sector of the US. As the food is a highly sensitive product for transit as well as storage, the regulations are likely to promote the adoption of insulated packaging such as flexible insulated packaging products considerably and which in turn will add to the growth of the US insulated packaging market during the forecast period. Similarly, certain medications, and cosmetics & personal care products are also to be stored at a particular temperature, which demands effective packaging solutions. Thus, this further drive market growth.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
US Insulated Packaging Market – Segmentation
By Material
By Product Type
By Application