The United States & Canada cold chain packaging market size is set to cross a valuation of US$ 6.9 billion in 2023. It is projected to broaden at a CAGR of 12.2% for the forecast period 2023 to 2033. It is anticipated to reach a valuation of US$ 21.8 billion by the end of 2033.
In the United States & Canada, the top 5 cold chain packaging manufacturers are anticipated to hold around 10% to 15% of the total market share by 2023. Demand for cold chain packaging in the bakery & confectionery, and meat, poultry & seafood industries is expected to increase exponentially.
Growth in the food industry, especially for packaged food such as meat and dairy products, is estimated to drive market expansion during the forecast period. The United States & Canada cold chain packaging industry is anticipated to expand to 2.7 times the current market value by 2033-end.
The regional market revenue accounted for US$ 6.1 billion in 2022. The food & beverage industry is one of the prominent end users of cold chain packaging in the United States and Canada.
Loss of food is one of the key issues in both countries owing to growing post-harvest loss across the supply chain. To confound the problem, the agricultural value chains of these countries are creating appropriate cold chain systems.
Such systems are anticipated to continue to generate rising demand for cold chain packaging. During the forecast period, the market in the United States and Canada is anticipated to expand at a profitable rate.
Sales are predicted to rise from 2023 to 2033, and the market is likely to generate an attractive incremental growth opportunity of US$ 15.7 billion.
Exports and imports of food & beverages, pharmaceuticals, and chemicals are estimated to boost demand for cold chain packaging solutions. They help to ensure the safe delivery of goods. The United States & Canada cold chain packaging market is predicted to expand 2.8 times the current value during the assessment period.
| Attributes | Key Insights |
|---|---|
| United States & Canada Cold Chain Packaging Market Estimated Size (2023E) | US$ 6.9 billion |
| Projected Market Valuation (2033F) | US$ 21.8 billion |
| Value-based CAGR (2023 to 2033) | 12.2% |
| Collective Value Share: Top 5 Companies (2023E) | 30% to 43% |
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The United States & Canada cold chain packaging market exhibited a CAGR of 11.7% during the historical period. It stood at a market value of US$ 6.1 billion in 2022 from US$ 3.7 billion in 2017.
Cold chain packaging solutions consist of specially designed containers, packaging shippers, gel packs, foam bricks, phase change cold storage, and protective packaging products. These help to maintain a controlled temperature condition to limit exposure to packed products during transit.
Such packaging products are developed according to the logistics and regulatory conditions prevailing in the transport of perishable products through the cold chain. They help to ensure a steady temperature irrespective of the transit conditions.
Companies in the cold chain packaging market across both countries would offer reusable and disposable packaging solutions. Manufacturers in the industry would also invest significantly in research & development to create more temperature-efficient and cost-effective solutions.
The strategies used by the companies would help them to reap the benefits of higher acceptance (universal solutions), lower bench time, and propel ease of use. They would also help to meet the requirements of food & beverage, pharmaceutical, cosmetics & personal care, and chemical industry executives. Most of the materials considered for manufacturing cold chain packaging solutions are polymers, metal, and paper.
Rising Use of Bioplastic Packaging to Surge Sales of Cold Chain Packaging Solutions
Cold Chain Packaging Companies to Focus on Providing New Solutions to Pharmaceutical Firms
Principal Consultant
| Country | United States |
|---|---|
| Market Share (2023) | 73.9% |
| Market Share (2033) | 76.6% |
| Basis Points (BPS) Analysis | 280 |
| Country | Canada |
|---|---|
| Market Share (2023) | 26.1% |
| Market Share (2033) | 23.4% |
| Basis Points (BPS) Analysis | -280 |
High Sales of Frozen Food in the United States to Propel Cold Chain Packaging Services
Demand for frozen food is increasing in the United States, accounting for around US$ 12.2 billion in sales in the frozen food segment, according to the Institute of Food Technologists.
Insulated shipping containers are mainly used for global imports or exports of frozen food/ fruits in bulk quantities.
For smaller quantities and local deliveries, insulated containers coupled with dry ice or other coolants are gradually gaining acceptance in the market. These are used as an efficient and cost-effective mode of packaging.
Significant advancements in packaging solutions over the last few years have made it possible for frozen foods to be safe for consumption even after a long period. Stringent government regulations have fueled innovation in packaging solutions for frozen foods. This allows for integrity of the product to be maintained over extended periods.
Insulated containers play an important role in keeping the temperature of food products in check during transit and storage, thereby increasing longevity of the product.
Growth in the frozen food/fruit market is concurrently translating into increased sales of insulated containers. The United States is estimated to hold around 76.6% of market share by the end of 2023.
Extreme Weather Conditions in Canada to Boost Need for Cold Chain Packaging Systems
As per Future Market Insights (FMI), Canada cold chain packaging market is projected to generate a moderate share of 23.4% in 2033. Canada's vast and sparsely populated geography can present challenges for the transportation and storage of temperature-sensitive products.
Several parts in Canada have extreme weather conditions, which can further complicate the handling of temperature-sensitive products.
The government of Canada has also imposed strict regulations regarding the storage and transportation of temperature-sensitive products. For instance, the Canadian Food Inspection Agency (CFIA) mandates that all food products must be stored and transported at specific temperatures to ensure their safety and quality.
The Canadian Transportation of Dangerous Goods Regulations (TDGR), on the other hand, requires that all dangerous goods be shipped in appropriate packaging. The packaging should be able to maintain their temperature and integrity.
Demand for Disposable Cold Chain Packaging Services to Expand through 2033
Inclination toward sustainable packaging is growing due to rising environmental concerns. Initiatives taken by the United States government authorities, such as ban on plastic usage, are also increasing the adoption of reusable packaging.
Demand for reusable packaging is further supported by growing pharmaceutical and food & beverage industries in the United States and Canada. The segment is anticipated to provide an incremental opportunity of US$ 11.6 billion during the forecast period. The disposable segment is further estimated to register a CAGR of 11% from 2023 to 2033.
Pharmaceutical Companies to Look for Cold Chain Technologies in Both Countries
Samples from clinical trials, biologics, and several types of medical products are required to be maintained at a certain temperature. Cold chain packaging while transporting medicines, vaccines, and other biological things plays a crucial role to reduce product loss while shipping.
Cold chain packaging protects the medical products until the final destination as they are vulnerable and sensitive to outside conditions. The United States is a key hub when it comes to pharmaceutical companies.
Consistently growing pharmaceutical industry is also creating future opportunities for the market. The pharmaceutical segment is hence projected to register a CAGR of 12.6% and create an incremental growth of 2.9x the current market value in the forecast period.
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Leading players in the United States & Canada cold chain packaging industry are gaining high value by developing new products. Recent activities and mergers implemented by renowned players in the United States and Canada would also help them to gain a competitive edge.
For instance:
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | US$ 6.9 billion |
| Projected Market Valuation (2033) | US$ 21.8 billion |
| Value-based CAGR (2023 to 2033) | 12.2% |
| Historical Data | 2017 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Value (US$ billion) and volume (tons) |
| Segments Covered | Product Type, Material Type, Packaging Formats, End Use, Country |
| Country Covered | United States, Canada |
| Key Companies Profiled | Sonoco Products Company; Sofrigam SAS; Cryopak Industries Inc.; CSafe Global, LLC; DGP Intelsius LLC; TemperPack Technologies, Inc.; Engineered Packaging, Inc; dba Chill-Pak; American Thermal Instruments; Mettcover Global; Nordic Cold Chain Solutions; RipplePak Ltd.; Insulated Products Corporation; Klinge Corporation; Sealed Air Corporation; Cold Chain Technologies; Orora Packaging Solutions; Envirotainer AB; Emball'iso Inc; SÆPLAST AMERICAS INC.; Atlas Molded Products (Atlas Roofing Corporation); Cascades Inc.; Pelican Products, Inc. |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
The market is valued at US$ 6.9 billion in 2023.
Cold Chain Technologies and Sealed Air Corporation are key market players.
The pharmaceuticals segment is estimated as a key segment in the global market.
Players opt for technological advancements and product launches.
The United States is leading flipping the coin of innovation.
1. Executive Summary | United States & Canada Cold Chain Packaging Market
1.1. Market Outlook
1.2. Market Analysis
1.3. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Market Demand Analysis 2017 to 2022 and Forecast, 2023 to 2033
5.1. Historical Market Volume (Tons) Analysis, 2017 to 2022
5.2. Current and Future Market Volume (Tons) Projections, 2023 to 2033
5.3. Y-o-Y Growth Trend Analysis
6. Market - Pricing Analysis
6.1. Pricing Analysis
6.2. Average Pricing Analysis Benchmark
7. Market Demand (in Value or Size in US$ billion) Analysis 2017 to 2022 and Forecast, 2023 to 2033
7.1. Historical Market Value (US$ billion) Analysis, 2017 to 2022
7.2. Current and Future Market Value (US$ billion) Projections, 2023 to 2033
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Logistics Market Overview
8.2. Macro-Economic Factors
8.3. Forecast Factors - Relevance & Impact
8.4. Value Chain
8.4.1. Raw Material Suppliers
8.4.2. Shipping Supplies Manufacturers
8.4.3. End Users
8.5. COVID-19 Crisis - Impact Assessment
8.5.1. Current Statistics
8.5.2. Short-Mid-Long Term Outlook
8.5.3. Likely Rebound
8.6. Market Dynamics
8.6.1. Drivers
8.6.2. Restraints
8.6.3. Opportunity Analysis
9. Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product Type
9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ billion) & Volume (Tons) Analysis By Product Type, 2017 to 2022
9.3. Current and Future Market Size Value (US$ billion) & Volume (Tons) Analysis and Forecast By Product Type, 2023 to 2033
9.3.1. Pallet Shippers
9.3.2. Insulated Containers
9.3.3. Foam Bricks
9.3.4. Gel Packs
9.3.5. Protective Packaging
9.3.6. Phase Change Cold Storage Products
9.4. Y-o-Y Growth Trend Analysis By Product Type, 2017 to 2022
9.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
10. Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Material Type
10.1. Introduction / Key Findings
10.2. Historical Market Size Value (US$ billion) & Volume (Tons) Analysis By Material Type, 2017 to 2022
10.3. Current and Future Market Size Value (US$ billion) & Volume (Tons) Analysis and Forecast By Material Type, 2023 to 2033
10.3.1. Polymer
10.3.1.1. Polyethylene
10.3.1.2. Polypropylene
10.3.1.3. PET
10.3.1.4. EPS
10.3.1.5. Polyurethane
10.3.2. Others (PVC, Nylon, Teflon)
10.3.3. Metal
10.3.4. Paper
10.4. Y-o-Y Growth Trend Analysis By Material Type, 2017 to 2022
10.5. Absolute $ Opportunity Analysis By Material Type, 2023 to 2033
11. Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Packaging Formats
11.1. Introduction / Key Findings
11.2. Historical Market Size Value (US$ billion) & Volume (Tons) Analysis By Packaging Format, 2017 to 2022
11.3. Current and Future Market Size Value (US$ billion) & Volume (Tons) Analysis and Forecast By Packaging Format, 2023 to 2033
11.3.1. Reusable Packaging
11.3.2. Disposable Packaging
11.4. Y–o–Y Growth Trend Analysis By Packaging Format, 2017 to 2022
11.5. Absolute $ Opportunity Analysis By Packaging Format, 2023 to 2033
12. Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use
12.1. Introduction / Key Findings
12.2. Historical Market Size Value (US$ billion) & Volume (Tons) Analysis By End Use, 2017 to 2022
12.3. Current and Future Market Size Value (US$ billion) & Volume (Tons) Analysis and Forecast By End Use, 2023 to 2033
12.3.1. Food
12.3.2. Beverages
12.3.3. Pharmaceutical
12.3.4. Cosmetics & Personal Care
12.3.5. Chemical
12.3.6. Others (Textile, Electronics, Research Institutes, Building & Construction)
12.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2022
12.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
13. Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
13.1. Introduction / Key Findings
13.2. Historical Market Size Value (US$ billion) & Volume (Tons) Analysis By Country, 2017 to 2022
13.3. Current and Future Market Size Value (US$ billion) & Volume (Tons) Analysis and Forecast By Country, 2023 to 2033
13.3.1. United States
13.3.2. Canada
13.4. Y-o-Y Growth Trend Analysis By Country, 2017 to 2022
13.5. Absolute $ Opportunity Analysis By Country, 2023 to 2033
14. Country-wise Market Analysis 2023 & 2033
14.1. United States Market Analysis
14.1.1. By Product Type
14.1.2. By Material Type
14.1.3. By Packaging Format
14.1.4. By End Use
14.2. Canada Market Analysis
14.2.1. By Product Type
14.2.2. By Material Type
14.2.3. By Packaging Format
14.2.4. By End Use
15. Market Structure Analysis
15.1. Market Analysis by Tier of Companies
15.2. Market Share Analysis of Top Players
15.3. Market Presence Analysis
16. Competition Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Competition Deep Dive
16.3.1. Sonoco Products Company
16.3.1.1. Overview
16.3.1.2. Product Portfolio
16.3.1.3. Profitability by Market Segments (Product/Channel/Region)
16.3.1.4. Sales Footprint
16.3.1.5. Strategy Overview
16.3.1.5.1. Marketing Strategy
16.3.1.5.2. Product Strategy
16.3.1.5.3. Channel Strategy
16.3.2. Pelican Products, Inc.
16.3.2.1. Overview
16.3.2.2. Product Portfolio
16.3.2.3. Profitability by Market Segments (Product/Channel/Region)
16.3.2.4. Sales Footprint
16.3.2.5. Strategy Overview
16.3.2.5.1. Marketing Strategy
16.3.2.5.2. Product Strategy
16.3.2.5.3. Channel Strategy
16.3.3. Sofrigam SAS
16.3.3.1. Overview
16.3.3.2. Product Portfolio
16.3.3.3. Profitability by Market Segments (Product/Channel/Region)
16.3.3.4. Sales Footprint
16.3.3.5. Strategy Overview
16.3.3.5.1. Marketing Strategy
16.3.3.5.2. Product Strategy
16.3.3.5.3. Channel Strategy
16.3.4. Cryopak Industries Inc.
16.3.4.1. Overview
16.3.4.2. Product Portfolio
16.3.4.3. Profitability by Market Segments (Product/Channel/Region)
16.3.4.4. Sales Footprint
16.3.4.5. Strategy Overview
16.3.4.5.1. Marketing Strategy
16.3.4.5.2. Product Strategy
16.3.4.5.3. Channel Strategy
16.3.5. CSafe Global, LLC
16.3.5.1. Overview
16.3.5.2. Product Portfolio
16.3.5.3. Profitability by Market Segments (Product/Channel/Region)
16.3.5.4. Sales Footprint
16.3.5.5. Strategy Overview
16.3.5.5.1. Marketing Strategy
16.3.5.5.2. Product Strategy
16.3.5.5.3. Channel Strategy
16.3.6. DGP Intelsius LLC
16.3.6.1. Overview
16.3.6.2. Product Portfolio
16.3.6.3. Profitability by Market Segments (Product/Channel/Region)
16.3.6.4. Sales Footprint
16.3.6.5. Strategy Overview
16.3.6.5.1. Marketing Strategy
16.3.6.5.2. Product Strategy
16.3.6.5.3. Channel Strategy
16.3.7. TemperPack Technologies, Inc.
16.3.7.1. Overview
16.3.7.2. Product Portfolio
16.3.7.3. Profitability by Market Segments (Product/Channel/Region)
16.3.7.4. Sales Footprint
16.3.7.5. Strategy Overview
16.3.7.5.1. Marketing Strategy
16.3.7.5.2. Product Strategy
16.3.7.5.3. Channel Strategy
16.3.8. Engineered Packaging, Inc. dba Chill-Pak
16.3.8.1. Overview
16.3.8.2. Product Portfolio
16.3.8.3. Profitability by Market Segments (Product/Channel/Region)
16.3.8.4. Sales Footprint
16.3.8.5. Strategy Overview
16.3.8.5.1. Marketing Strategy
16.3.8.5.2. Product Strategy
16.3.8.5.3. Channel Strategy
16.3.9. American Thermal Instruments
16.3.9.1. Overview
16.3.9.2. Product Portfolio
16.3.9.3. Profitability by Market Segments (Product/Channel/Region)
16.3.9.4. Sales Footprint
16.3.9.5. Strategy Overview
16.3.9.5.1. Marketing Strategy
16.3.9.5.2. Product Strategy
16.3.9.5.3. Channel Strategy
16.3.10. Mettcover Global
16.3.10.1. Overview
16.3.10.2. Product Portfolio
16.3.10.3. Profitability by Market Segments (Product/Channel/Region)
16.3.10.4. Sales Footprint
16.3.10.5. Strategy Overview
16.3.10.5.1. Marketing Strategy
16.3.10.5.2. Product Strategy
16.3.10.5.3. Channel Strategy
16.3.11. Nordic Cold Chain Solutions
16.3.11.1. Overview
16.3.11.2. Product Portfolio
16.3.11.3. Profitability by Market Segments (Product/Channel/Region)
16.3.11.4. Sales Footprint
16.3.11.5. Strategy Overview
16.3.11.5.1. Marketing Strategy
16.3.11.5.2. Product Strategy
16.3.11.5.3. Channel Strategy
16.3.12. RipplePak Ltd.
16.3.12.1. Overview
16.3.12.2. Product Portfolio
16.3.12.3. Profitability by Market Segments (Product/Channel/Region)
16.3.12.4. Sales Footprint
16.3.12.5. Strategy Overview
16.3.12.5.1. Marketing Strategy
16.3.12.5.2. Product Strategy
16.3.12.5.3. Channel Strategy
16.3.13. Insulated Products Corporation
16.3.13.1. Overview
16.3.13.2. Product Portfolio
16.3.13.3. Profitability by Market Segments (Product/Channel/Region)
16.3.13.4. Sales Footprint
16.3.13.5. Strategy Overview
16.3.13.5.1. Marketing Strategy
16.3.13.5.2. Product Strategy
16.3.13.5.3. Channel Strategy
16.3.14. Klinge Corporation
16.3.14.1. Overview
16.3.14.2. Product Portfolio
16.3.14.3. Profitability by Market Segments (Product/Channel/Region)
16.3.14.4. Sales Footprint
16.3.14.5. Strategy Overview
16.3.14.5.1. Marketing Strategy
16.3.14.5.2. Product Strategy
16.3.14.5.3. Channel Strategy
16.3.15. Sealed Air Corporation
16.3.15.1. Overview
16.3.15.2. Product Portfolio
16.3.15.3. Profitability by Market Segments (Product/Channel/Region)
16.3.15.4. Sales Footprint
16.3.15.5. Strategy Overview
16.3.15.5.1. Marketing Strategy
16.3.15.5.2. Product Strategy
16.3.15.5.3. Channel Strategy
16.3.16. Cold Chain Technologies
16.3.16.1. Overview
16.3.16.2. Product Portfolio
16.3.16.3. Profitability by Market Segments (Product/Channel/Region)
16.3.16.4. Sales Footprint
16.3.16.5. Strategy Overview
16.3.16.5.1. Marketing Strategy
16.3.16.5.2. Product Strategy
16.3.16.5.3. Channel Strategy
16.3.17. Orora Packaging Solutions
16.3.17.1. Overview
16.3.17.2. Product Portfolio
16.3.17.3. Profitability by Market Segments (Product/Channel/Region)
16.3.17.4. Sales Footprint
16.3.17.5. Strategy Overview
16.3.17.5.1. Marketing Strategy
16.3.17.5.2. Product Strategy
16.3.17.5.3. Channel Strategy
16.3.18. Envirotainer AB
16.3.18.1. Overview
16.3.18.2. Product Portfolio
16.3.18.3. Profitability by Market Segments (Product/Channel/Region)
16.3.18.4. Sales Footprint
16.3.18.5. Strategy Overview
16.3.18.5.1. Marketing Strategy
16.3.18.5.2. Product Strategy
16.3.18.5.3. Channel Strategy
16.3.19. Emball'iso Inc.
16.3.19.1. Overview
16.3.19.2. Product Portfolio
16.3.19.3. Profitability by Market Segments (Product/Channel/Region)
16.3.19.4. Sales Footprint
16.3.19.5. Strategy Overview
16.3.19.5.1. Marketing Strategy
16.3.19.5.2. Product Strategy
16.3.19.5.3. Channel Strategy
16.3.20. SÆPLAST AMERICAS INC.
16.3.20.1. Overview
16.3.20.2. Product Portfolio
16.3.20.3. Profitability by Market Segments (Product/Channel/Region)
16.3.20.4. Sales Footprint
16.3.20.5. Strategy Overview
16.3.20.5.1. Marketing Strategy
16.3.20.5.2. Product Strategy
16.3.20.5.3. Channel Strategy
16.3.21. Atlas Molded Products (Atlas Roofing Corporation)
16.3.21.1. Overview
16.3.21.2. Product Portfolio
16.3.21.3. Profitability by Market Segments (Product/Channel/Region)
16.3.21.4. Sales Footprint
16.3.21.5. Strategy Overview
16.3.21.5.1. Marketing Strategy
16.3.21.5.2. Product Strategy
16.3.21.5.3. Channel Strategy
16.3.22. Cascades Inc.
16.3.22.1. Overview
16.3.22.2. Product Portfolio
16.3.22.3. Profitability by Market Segments (Product/Channel/Region)
16.3.22.4. Sales Footprint
16.3.22.5. Strategy Overview
16.3.22.5.1. Marketing Strategy
16.3.22.5.2. Product Strategy
16.3.22.5.3. Channel Strategy
*The above list is indicative in nature and is subject to change during the course of research
17. Assumptions and Acronyms Used
18. Research Methodology
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United States & Canada Cold Chain Packaging Market
