Insulated Packaging Market trends Profit-Sources Analysis Report 2021-2030
Insulated Packaging Market trends Insulated shipping packaging plays a causal role in minimizing the effect of variable temperature and protecting the product from physical damage, maintaining product specifications by keeping them warm, frozen, or refrigerated. Growing uses of insulated packaging that can preserve the cold chain for shipping temperature-sensitive products such as food & beverage, chemical, and personal care stimulate the insulated shipping packaging market size. The Insulated Packaging Market trends are projected to be worth USD 21.95 Billion by 2030, registering a CAGR of 6.8% during the forecast period (2022–2030) COVID-19 Impact: The COVID-19 outbreak severely hit the insulated shipping packaging market industry, causing huge revenue loss to end-use industries like food & beverages and eCommerce. Also, the coronavirus-driven lockdown halted the production of several key raw materials in the global market, which in turn spiked product prices and lower...