Asia-Pacific insulated packaging market is anticipated to grow at a CAGR of 4.9% during the forecast period. The key factors that drive the growth of the market include the rising end-user applications in the region. China and India are likely to hold the most significant share in the Asia-Pacific insulated packaging market over the forecast period. Another factor that enhances the market growth is the advancements in the packaging solution. The key players are focusing on the improvement of packaging infrastructure in order to prevent contamination and preserve the quality of the product. However, the lack of reachability in some of the areas in the Asia-Pacific region may challenge the market growth.
The Asia-Pacific insulated packaging market is segmented into material, product type, and application. Based on the material, the market has been sectioned as paper, plastics, glass, and others. The plastic segment is likely to hold a substantial share in the market over the forecast period. Based on the product type, the market is segmented into rigid, semi-rigid, and flexible. The rigid segment is likely to hold a substantial share in the market over the forecast period. Based on the application, the market is segmented into food & beverages, pharmaceuticals, cosmetics & personal care, and other applications. The food & beverage segment is likely to hold a significant market share over the forecast period.
Asia-Pacific insulated packaging market further covers the country-level analysis of China, India, Japan, and the Rest of Asia-Pacific. China is estimated to grow significantly during the forecast period. Further, DS Smith PLC, Nippon Paper Industries Co. Ltd, Huhtamaki Group Oyj, Amcor Plc, and others are some of the prominent players functioning in the Asia-Pacific insulated packaging market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
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Asia-Pacific Insulated Packaging Market Segmentation
By Material
- Corrugated Cardboard
- Plastics
- Glass
- Others
By Product Type
- Rigid
- Semi-Rigid
- Flexible
By Application
- Food & Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Others
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Regional Analysis
- China
- India
- Japan
Rest of Asia-Pacific
Company Profiles
- AmcorPlc
- Overview
- Amcor Plc in Asia-Pacific
- Amcor Plc in Insulated Packaging Landscape
- Recent Developments
- Deutsche Post DHL
- DS Smith PLC
- Huhtamaki Group Oyj
- KK Nag Pvt. Ltd.
- Mettcover
- Nippon Paper Industries Co. Ltd.
- Sonoco Products Co.
- Suzhou Star New Material Co., Ltd.
- TP Solutions
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