Deutsche Post DHL (Germany) and E.I Du Pont De Nemours and Co. (US) are the Leading Players in the Insulated Packaging Market
Rapidly increasing consumption of insulated packaging in the food & beverages and pharmaceuticals industries in countries such as China, Japan, and India has led to an increased demand for Insulated packaging in the Asia Pacific region.
(EMAILWIRE.COM, January 31, 2023 ) The global Insulated Packaging Market size is estimated to grow from USD 11.4 billion in 2020 to USD 15.8 billion by 2025, at a CAGR of 6.7% during the forecast period. The market is projected to witness decent growth in the near future, owing to the wide application in various end use industries of insulated packaging ranging from automotive to pharmaceutical industry. Increasing demand from APAC will further drive the growth of the global insulated packaging market.
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Deutsche Post DHL (Germany), E. I. Du Pont De Nemours and Co. (US), Amcor Limited (Australia), Sonoco Products Company (US), and Huhtamaki OYJ (Finland) among others are the leading insulated packaging manufacturers, globally. These companies adopted expansion, joint venture, and merger & acquisition as their key growth strategies between 2017 and 2020 to earn a competitive advantage in the insulated packaging market.
Deutsche Post DHL (Germany) is the largest player in the market. It is investing in the expansion of the Packstation network. By 2021, 3,000 new DHL Packstations are to be added to the existing network of 4,000 automated parcel delivery and collection points. With these installed, the group will offer customers access to 7,000 Packstations located throughout the US.
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E.I Du Pont De Nemours and Co. (US) is ranked second in the insulated packaging market. DuPont is planning to expand its manufacturing and technology presence in Chesterfield County, Virginia. The company will invest USD 75 million in the Spruance site with plans to create approximately 60 new jobs over the next several years.
Asia Pacific accounted for the largest share of the Insulated packaging market in 2020. Factors such as the rapidly increasing consumption of insulated packaging in the food & beverages and pharmaceuticals industries in countries such as China, Japan, India, South korea, and Australia have led to an increased demand for Insulated packaging in the Asia Pacific region.
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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=251198901
Deutsche Post DHL (Germany), E. I. Du Pont De Nemours and Co. (US), Amcor Limited (Australia), Sonoco Products Company (US), and Huhtamaki OYJ (Finland) among others are the leading insulated packaging manufacturers, globally. These companies adopted expansion, joint venture, and merger & acquisition as their key growth strategies between 2017 and 2020 to earn a competitive advantage in the insulated packaging market.
Deutsche Post DHL (Germany) is the largest player in the market. It is investing in the expansion of the Packstation network. By 2021, 3,000 new DHL Packstations are to be added to the existing network of 4,000 automated parcel delivery and collection points. With these installed, the group will offer customers access to 7,000 Packstations located throughout the US.
Don't miss out on business opportunities in Insulated Packaging Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=251198901
Browse in-depth TOC on "Insulated Packaging Market”
200 - Market Data Tables
45 - Figures
176 - Pages
E.I Du Pont De Nemours and Co. (US) is ranked second in the insulated packaging market. DuPont is planning to expand its manufacturing and technology presence in Chesterfield County, Virginia. The company will invest USD 75 million in the Spruance site with plans to create approximately 60 new jobs over the next several years.
Asia Pacific accounted for the largest share of the Insulated packaging market in 2020. Factors such as the rapidly increasing consumption of insulated packaging in the food & beverages and pharmaceuticals industries in countries such as China, Japan, India, South korea, and Australia have led to an increased demand for Insulated packaging in the Asia Pacific region.
Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=251198901
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results