DUBLIN, Jun 15, 2021--(BUSINESS WIRE)--The "Reusable Icepacks Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029" report has been added to ResearchAndMarkets.com's offering.
Reusable icepacks market is anticipated to grow at CAGR of 8.5% percent during a forecast period of year 2021 to 2029.
King Brand Healthcare Products
Lloyds Pharmacy Ltd.
Gel Frost Packs
Ace Hardware Corporation
S.E.A. Olympus Marketing Inc.
icepacks4less Value Products Ltd.
Ice Packs Store
Microban Products Company
NavaGen Marketing Private Limited
Fit & Fresh
Reusable icepacks are made up of HDPE (high-density polyethylene), cross-linked polyacrylate, ployalcohol co-polymer refrigerant and other polymers. The bag that stores the reusable gel is made up of polyethylene. These icepacks are used widely in the medical & healthcare, chemicals and food & beverage industries. The icepacks offer temperature-controlled environment to maintain the properties, hygiene and nature of product stored irrespective of the external environmental conditions. These icepacks also assist in transportation of chemicals, food & beverage products over long distances. Water used in the form of ice has a greater tendency to spoil the products and reusable icepacks are water free. Reusable icepacks are durable, hydrates quickly, can be in frozen state for a longer period of time and are non-toxic. These are some of the factors augmenting the growth of reusable icepacks market, globally.
Reusable icepacks have variety of features and large applications are propelling the market of reusable icepacks which is beneficial for many industries. Lightweight, easy to use, non-toxic, easy to transport, product longevity etc. are the features of reusable icepacks. Reusable icepacks are used for physiotherapy in medical industry, menstrual cramps, pain relief, athletic injury, shipment of foods, pharmaceutical industry for maintaining temperature, which are growth boosters for this market.
Rising demand of cold solutions is the primary factor for the growth in this market
In addition to that, growing demand for cold solutions to prevent loss of food will drive the growth of reusable icepacks market. Large amount of perishable food goes waste every year due to lack of proper cold chain infrastructure. Due to dearth of cold chain facilities around 120 MN tons of vegetables and 11 tons of fruits wasted during the period of year 2017-2018. Hence, to bring down such losses, emerging countries like India and Japan are concentrating on developing and implementing solutions based on cold chain which will foster the demand of reusable icepacks.
Factor like increasing endorsement of environmental friendly icepacks rather than polythelyne is one of the key factors triggering the growth of market. Environmental friendly icepacks are made from bioplastics.Bioplastic is prepared from corn, wheat and sugarcane is eco-friendly. So, advent of bioplastic will have positive impact on global reusable icepacks market that will boost market growth in forecast period.
Key questions answered in this report
Who are the distributors, traders and dealers of reusable icepacks market?
What are expected largest product type and application segments in the market during the forecast period from 2021 to 2029?
What are the fastest growing segments in the market for the forecast period?
What are the current market trends in the reusable icepacks market and valuable opportunities for the players?
How the regulatory framework affects the global as well as the regional markets?
Which are the key players operating in the global market and what are the strategies adopted by them?
What are sales, revenue, business strategy and product portfolio of top manufacturers of reusable icepacks market?
What is the market size and trend in emerging and developed markets?
Key Topics Covered:
2. Executive Summary
3. Reusable Icepacks Market Dynamics and Outlook
3.1. Market Overview
3.5. Attractive Investment Proposition, by Geography, 2020
3.6. Competitive Landscape, by Key Players, 2020
4. Global Reusable Icepacks Market, by Product, 2019-2029 (US$ Mn)
4.2. Refrigerant Gel Based Icepacks
4.3. Ice/dry Icepacks
4.4. Chemical Based Icepacks
5. Global Reusable Icepacks Market, by Application, 2019-2029 (US$ Mn)
5.2. Food & Beverage
5.3. Medical & Healthcare
6. Global Reusable Icepacks Market, by Geography, 2019-2029 (US$ Mn)
6.2. North America Reusable Icepacks Market Market, 2019-2029
6.3. Europe Reusable Icepacks Market Market, 2019-2029
6.4. Asia Pacific Reusable Icepacks Market Market, 2019-2029
6.5. Latin America Reusable Icepacks Market Market, 2019-2029
6.6. Middle East & Africa (MEA) Reusable Icepacks Market Market, 2019-2029
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/lc16c4
View source version on businesswire.com: https://www.businesswire.com/news/home/20210615005891/en/
Laura Wood, Senior Press Manager
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