U.S. Cold Chain Packaging Market Analysis Report By Product (Insulated Containers & Boxes, Cold Packs), By Material (Insulating Material, Refrigerants), By Application, And Segment Forecasts, 2018 - 2025

Published: Sep, 2018 | Pages: 114 | Publisher: Grand View Research
Industry: Food | Report Format: Electronic (PDF)

The U.S. cold chain packaging market size is expected to reach USD 8.66 billion by 2025 at a 14.1% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Market growth is profoundly influenced by extensive demand for perishable goods worldwide and availability of food and health supplies.

Current economic and political scenario has also played a crucial role in industry growth. For instance, trade conflict between U.S. and China is expected to negatively impact the growth of the cold chain market in U.S. In March 2018, U.S. imposed a 25% tariff on steel and 10% on aluminum imported from China. China, in turn, announced a 15-25% tariff on products imported from U.S., including pork, fruits, wine, nuts, and vegetables. These high tariffs imposed on food and agriculture produce is expected to negatively affect market growth.

Furthermore, outsourcing cold and frozen storage operations offer manufacturers various cost benefits. This can help eliminate costs associated with warehouse space and management, technology, transportation, and labor. Operational costs such as employee salaries, heating and cooling expenses, insurance, and electric power costs can also be reduced by working with supply chain partners. As a result, manufacturers can increase their profit margins and focus on core business activities such as quality product manufacturing, growing customer base, and satisfaction of customer needs.

Raw material suppliers in the cold chain packaging market supply primary materials required for producing isolated containers, in addition to other packaging components. Insulating materials used in cold chain packaging include expanded or extruded polystyrene, polyurethane, and polyethylene. These are manufactured using core materials such as silica or fiberglass in a multilayer polymer or vacuum aluminized coating. Thermal Conservation Technologies; va-Q-tec AG; and Thermal Visions, Inc. are some of the raw material providers in U.S.

Cold chain packaging manufacturers use raw materials for producing insulated containers. They are responsible for designing and developing packaging solutions depending on user requirements. The raw materials used vary depending on duration of temperature control required for the packaged product as well as on external temperature. Polystyrenes, polyurethane, and Vacuum Insulated Panels (VIP) are used depending on external temperatures and duration of shipping. Manufacturers develop packaging products depending on the industries they would be used in as well as other aspects such as weight and size.

Further key findings from the report suggest:

• The U.S. refrigerated warehouse capacity was pegged at 2.92 billion cubic feet in 2017

• Ammonia and carbon dioxide have been the most popular inorganic refrigerants over the years and is expected to witness substantial growth during the forecast period

• Product manufacturers are focusing on understanding carrier ambient environment in order to develop efficient packaging and devise risk mitigation strategies

• Companies offering solutions in cold chain packaging maintain a network of distributors located in different regions. For instance, Pelican BioThermal LLC has a network of dealers located in South America (NatBio), Asia Pacific (Giddi Pharma, Pharmaserv Express, and others), and Europe (DS Smith)

• Some of the key industry participants are ACH Foam Technologies, Inc.; Cold Chain Technologies, Inc.; Cryopak Industries, Inc.; Cold Box Express, Inc.; and Intelsius.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Research Methodology
                 1.2 Research Scope & Assumptions
                 1.3 List of Data Sources
Chapter 2 Executive Summary
                 2.1 U.S. Cold Chain Packaging- Industry Snapshot & Key Buying Criteria, 2014 - 2025
                 2.2 U.S. Cold Chain Packaging Market Summary
                      2.2.1 U.S. cold chain packaging market, 2014 - 2025
                      2.2.2 Regulatory Framework for Chilled and Frozen Food
                      2.2.3 Key Market Trends
                           2.2.3.1 Implications of CO2/NH3 Cascade Refrigeration System
                                2.2.3.1.1 Environmental Impact of Refrigerants
                           2.2.3.2 Cost and Risk Reduction Strategies in Pharmaceutical Cold Chain Distribution
                           2.2.3.3 Internet of Things (IoT) in Pharmaceutical Supply Chains
Chapter 3 Industry Outlook
                 3.1 Market Segmentation &Scope
                 3.2 U.S. Cold Chain Packaging Market Size and Growth Prospects
                 3.3 U.S. Cold Chain - Value Chain Analysis
                 3.4 U.S. Cold Chain Packaging-Value Chain Analysis
                 3.5 Market Dynamics
                      3.5.1 Market driver analysis
                           3.5.1.1 Increasing demand for quality food
                           3.5.1.2 Increasing automation in warehousing
                           3.5.1.3 Growing popularity of e-commerce as a channel for purchasing fresh food
                           3.5.1.4 RFID technology for cold chain applications
                      3.5.2 Market restraint analysis
                           3.5.2.1 High initial investment
                      3.5.3 Market opportunity analysis
                           3.5.3.1 Growing application of telematics in logistics and transportation
                           3.5.3.2 Low-carbon design, environmental auditing, and crafty construction of cold storage warehouses
                 3.6 Vendor Landscape
                      3.6.1 Key company analysis, 2015
                      3.6.2 Sonoco Thermosafe
                           3.6.2.1 Recent developments
                      3.6.3 Sofrigam
                      3.6.4 Softbox Systems Ltd.
                           3.6.4.1 Recent developments
                      3.6.5 va Q tec AG
                           3.6.5.1 Financial performance
                           3.6.5.2 Recent developments
                      3.6.6 Creopack
                           3.6.6.1 Recent developments
                      3.6.7 U.S. cold chain packaging company market share
                      3.6.8 List of Key Cold Chain Companies with Cold Storage Capacity - 2016
                 3.7 Product Comparison Analysis
                      3.7.1 Cold Chain Products Cost Analysis
                 3.8 Industry Analysis - Porter's
                 3.9 U.S. Cold Chain Packaging-PEST Analysis
Chapter 4 U.S. Cold Chain Packaging Market: Product Estimates & Trend Analysis
                 4.1 U.S. Cold Chain Packaging Market: Product Analysis
                 4.2 U.S. Cold Chain Packaging Product Usability Analysis: Reusable versus Single-use Packaging
                      4.2.1 U.S. cold chain packaging product market by revenue
                      4.2.2 U.S. cold chain packaging product market by volume
                           4.2.2.1 Crates by volume
                           4.2.2.2 Crates by revenue
                                4.2.2.2.1 Dairy
                                4.2.2.2.2 Pharmaceuticals
                                4.2.2.2.3 Fisheries
                                4.2.2.2.4 Horticulture
                           4.2.2.3 Insulated container & boxes by revenue
                                4.2.2.3.1 Payload size by revenue
                                4.2.2.3.2 Usability by revenue
                           4.2.2.4 Insulated container & boxes by volume
                                4.2.2.4.1 Payload size by volume
                                4.2.2.4.2 Usability by volume
                           4.2.2.5 Cold packs by revenue
                                4.2.2.5.1 Cold packs by volume
                           4.2.2.6 Labels by revenue
                                4.2.2.6.1 Labels by volume
                           4.2.2.7 Temperature controlled pallet shippers by revenue
                                4.2.2.7.1 Temperature controlled pallet shippers by volume
Chapter 5 U.S. Cold Chain Packaging Market: Material Estimates & Trend Analysis
                 5.1 U.S. Cold Chain Packaging Market: Material Analysis
                      5.1.1 Material
                           5.1.1.1 Insulating material
                                5.1.1.1.1 EPS
                                5.1.1.1.2 PUR
                                5.1.1.1.3 VIP
                                5.1.1.1.4 Cryogenic tank
                                5.1.1.1.5 Others
                           5.1.1.2 Refrigerants
                                5.1.1.2.1 Fluorocarbon
                                5.1.1.2.2 Inorganics
                                5.1.1.2.3 Hydrocarbon
Chapter 6 U.S. Cold Chain Packaging Market: Application Estimates & Trend Analysis
                 6.1 U.S. Cold Chain Packaging Market: Application Analysis
                      6.1.1 Fruits & vegetables
                      6.1.2 Fruits & pulp concentrates
                      6.1.3 Dairy Products
                           6.1.3.1 Milk
                           6.1.3.2 Butter
                           6.1.3.3 Cheese
                           6.1.3.4 Ice-cream
                      6.1.4 Fish, meat, and seafood
                      6.1.5 Processed food
                      6.1.6 Pharmaceuticals
                           6.1.6.1 Vaccines
                           6.1.6.2 Blood banking
                      6.1.7 Bakery & confectionaries
                      6.1.8 Others
Chapter 7 Competitive Landscape
                 7.1 Company profiles: Packaging solutions companies
                 7.2 ACH Foam Technologies, Inc.
                      7.2.1 Company overview
                      7.2.2 Product benchmarking
                      7.2.3 Recent developments
                 7.3 Cold Chain Technologies, Inc.
                      7.3.1 Company overview
                      7.3.2 Product benchmarking
                      7.3.3 Recent developments
                 7.4 Cryopak Industries Inc.
                      7.4.1 Company overview
                      7.4.2 Product benchmarking
                      7.4.3 Recent developments
                 7.5 Cold Box Express, Inc.
                      7.5.1 Company overview
                      7.5.2 Product benchmarking
                      7.5.3 Recent developments
                 7.6 Intelsius
                      7.6.1 Company overview
                      7.6.2 Product benchmarking
                      7.6.3 Recent developments
                 7.7 Pelican BioThermal LLC
                      7.7.1 Company overview
                      7.7.2 Product benchmarking
                      7.7.3 Recent developments
                 7.8 Therapak, LLC
                      7.8.1 Company overview
                      7.8.2 Product benchmarking
                      7.8.3 Recent developments
                 7.9 Company profiles: Cold Chain Companies
                 7.10 Americold Logistics, LLC
                      7.10.1 Company overview
                      7.10.2 Product benchmarking
                      7.10.3 Product benchmarking
                 7.11 AGRO Merchants Group North America
                      7.11.1 Company overview
                      7.11.2 Product benchmarking
                      7.11.3 Recent developments
                 7.12 Burris Logistics
                      7.12.1 Company overview
                      7.12.2 Product benchmarking
                      7.12.3 Recent developments
                 7.13 Cloverleaf Cold Storage
                      7.13.1 Company overview
                      7.13.2 Product benchmarking
                 7.14 Henningsen Cold Storage Co.
                      7.14.1 Company Overview
                      7.14.2 Product Benchmarking
                      7.14.3 Strategic Initiatives
                 7.15 Lineage Logistics Holdings, LLC
                      7.15.1 Company overview
                      7.15.2 Product benchmarking
                      7.15.3 Recent developments
                 7.16 Nordic Logistics, LLC
                      7.16.1 Company overview
                      7.16.2 Product benchmarking
                      7.16.3 Recent developments
                 7.17 Preferred Freezer Services
                      7.17.1 Company overview
                      7.17.2 Product benchmarking
                      7.17.3 Recent developments
                 7.18 United States Cold Storage
                      7.18.1 Company overview
                      7.18.2 Product benchmarking
                      7.18.3 Recent developments
                 7.19 Wabash National Corporation
                      7.19.1 Company overview
                      7.19.2 Financial performance
                      7.19.3 Product benchmarking
                      7.19.4 Recent developments

List of Tables

TABLE 1 U.S. cold chain packaging - Industry snapshot & critical success factor, 2014 - 2025
TABLE 2 U.S. cold chain packaging market, 2014 - 2025 (USD Million)
TABLE 3 U.S. cold chain market, 2014 - 2025 (Capacity in Billion Cubic Feet)
TABLE 4 U.S. cold chain market, by packaging, 2014 - 2025 (USD Million)
TABLE 5 Key company analysis
TABLE 6 List of key players with cold storage capacity
TABLE 7 U.S. cold chain packaging product market, 2014 - 2025 (USD Million)
TABLE 8 U.S. cold chain packaging product market, 2014 - 2025 (Volume in Million units)
TABLE 9 U.S. cold chain packaging product market by crates, 2014 - 2025 (Volume in Million units)
TABLE 10 U.S. cold chain packaging product market by crates, 2014 - 2025 (USD Million)
TABLE 11 U.S. cold chain crates market by dairy, 2014 - 2025 (USD Million)
TABLE 12 U.S. cold chain crates market by pharmaceuticals, 2014 - 2025 (USD Million)
TABLE 13 U.S. cold chain crates market by fisheries, 2014 - 2025 (USD Million)
TABLE 14 U.S. cold chain crates market by horticulture, 2014 - 2025 (USD Million)
TABLE 15 U.S. cold chain packaging product market by insulated container & boxes, 2014 - 2025 (USD Million)
TABLE 16 U.S. cold chain insulated container & boxes market by payload size, 2014 - 2025 (Revenue in USD Million)
TABLE 17 U.S. cold chain insulated containers & boxes market by usability, 2014 - 2025 (USD Million)
TABLE 18 U.S. cold chain packaging product market by insulated container & boxes, 2014 - 2025 (Volume in million units)
TABLE 19 U.S. cold chain insulated container & boxes market by payload size, 2014 - 2025 (Volume in million units)
TABLE 20 U.S. cold chain insulated container & boxes market by usability, 2014 - 2025 (Volume in million units)
TABLE 21 U.S. cold chain packaging product market by cold packs, 2014 - 2025 (USD Million)
TABLE 22 U.S. cold chain packaging product market by cold packs, 2014 - 2025 (Volume in Million units)
TABLE 23 U.S. cold chain packaging product market by labels, 2014 - 2025 (USD Million)
TABLE 24 U.S. cold chain packaging product market by labels, 2014 - 2025 (Volume in Million Units)
TABLE 25 U.S. cold chain packaging product market by temperature-controlled pallet shippers, 2014 - 2025 (USD Million)
TABLE 26 U.S. cold chain packaging product market by temperature-controlled pallet shippers, 2014 - 2025 (Volume in Million units)
TABLE 27 Key international regulations & their impact on the refrigerant industry
TABLE 28 U.S. cold chain packaging material market, 2014 - 2025 (USD Million)
TABLE 29 U.S. cold chain packaging material market by insulating material, 2014 - 2025 (USD Million)
TABLE 30 U.S. cold chain insulating material market by EPS, 2014 - 2025 (USD Million)
TABLE 31 U.S. cold chain insulating material market by PUR, 2014 - 2025 (USD Million)
TABLE 32 U.S. cold chain insulating material market by VIP, 2014 - 2025 (USD Million)
TABLE 33 U.S. cold chain insulating material market by cryogenic tank, 2014 - 2025 (USD Million)
TABLE 34 U.S. cold chain insulating material market by others, 2014 - 2025 (USD Million)
TABLE 35 U.S. cold chain packaging material market by refrigerants, 2014 - 2025 (USD Million)
TABLE 36 U.S. cold chain refrigerants market by fluorocarbon, 2014 - 2025 (USD Million)
TABLE 37 U.S. cold chain refrigerants market by inorganics, 2014 - 2025 (USD Million)
TABLE 38 U.S. cold chain inorganics market by ammonia, 2014 - 2025 (USD Million)
TABLE 39 U.S. cold chain inorganics market by CO2, 2014 - 2025 (USD Million)
TABLE 40 U.S. cold chain refrigerants market by hydrocarbon, 2014 - 2025 (USD Million)
TABLE 41 U.S. cold chain fruit & vegetables market, 2014 - 2025 (USD Million)
TABLE 42 U.S. cold chain fruit & pulp concentrates market, 2014 - 2025 (USD Million)
TABLE 43 U.S. cold chain dairy products market, 2014 - 2025 (USD Million)
TABLE 44 U.S. cold chain market, by dairy products, 2014 - 2025 (USD Million)
TABLE 45 U.S. cold chain fish, meat, and seafood market, 2014 - 2025 (USD Million)
TABLE 46 U.S. cold chain processed food market, 2014 - 2025 (USD Million)
TABLE 47 U.S. cold chain pharmaceuticals market, 2014 - 2025 (USD Million)
TABLE 48 U.S. cold chain market, by pharmaceutical, 2014 - 2025 (USD Million)
TABLE 49 U.S. cold chain bakery & confectionaries market, 2014 - 2025 (USD Million)
TABLE 50 U.S. cold chain others market, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Top 5 trends shaping U.S. cold chain industry
FIG. 2 Market segmentation &scope
FIG. 3 U.S. cold chain packaging market size and growth prospects, 2014 - 2025 (Revenue in USD Million)
FIG. 4 U.S. cold chain- Value chain analysis
FIG. 5 U.S. cold chain packaging - Value chain analysis
FIG. 6 Market dynamics
FIG. 7 Porter's five forces analysis
FIG. 8 U.S. cold chain packaging - PEST analysis
FIG. 9 U.S. cold chain packaging market: Product analysis
FIG. 10 U.S. cold chain market: Application analysis