North America Insulated Shipping Containers Market Size (2024 - 2029)

North America Insulated Shipping Containers Market Analysis

The North America Insulated Shipping Containers Market size is estimated at USD 1.74 billion in 2024, and is expected to reach USD 2.37 billion by 2029, growing at a CAGR of 6.46% during the forecast period (2024-2029).

• Storage containers are frequently used to protect against extreme temperature swings by insulating transport containers. Many different kinds of fruits and vegetables are grown utilizing organic methods worldwide. These packing materials are, therefore, widely employed to keep fruit fresh during transportation.
• To protect from infection, products such as chemicals, medicines, fresh vegetables, beverages, and frozen goods require precise temperature control. As the air entering and leaving the containers must be filtered, insulation plays a significant role. It maintains the condition of the conveyed products by completely closing off a shipping container from the outside.
• Thermal packing insulated shipping container liner kits are the most economical way to protect products in storage since they are made to lower the risk of moisture considerably. Perishable commodities that must be mandatorily transported at steady temperatures, such as food, beverages, and medicines, can also be preserved using liners.
• Expanded polystyrene (EPS) containers are among the most frequently used insulated transportation containers in the food and pharmaceutical industries. EPS coolers provide several benefits, including thermal insulation, being lightweight, and being affordable. Due to their negative environmental effects and lack of biodegradability, polystyrene foam products are prohibited in over 100 counties across the United States, including New York, Los Angeles, Washington, DC, and Portland.
• The environment in which medicine is kept significantly impacts how quickly it changes temperature. When left unprotected and exposed to heat or cold, a vaccination can leave the necessary temperature range within a short period, thereby disrupting its efficacy. Because of such factors, the usage of insulated shipping containers is fueling market expansion.
• Warehouses across the market are increasingly stocking a substantial volume of chilled food products. Notably, the US Department of Agriculture recently highlighted a significant inventory of frozen vegetables across US warehouses, closely trailed by dairy products and frozen potatoes. This surge in inventory is poised to drive up the demand for insulated shipping containers over the forecast period.
• Due to the COVID-19 pandemic, high-quality cold transport containers emerged as a vital component in the transportation of pharmaceuticals, guaranteeing that pharmaceutical companies could overcome the many shipping obstacles since container makers abide by stringent regulatory standards for the benefit of the general population. The US Food and Drug Administration and other regulatory authorities have strict rules governing pharmaceutical substances, goods, and the containers used to carry them.

North America Insulated Shipping Containers Industry Segmentation

Insulated containers, utilized across various industries, play a crucial role in preserving the temperature of their contents and shielding them from external weather conditions. These containers are especially vital in the transportation of fragile, perishable goods, forming an integral part of the cold chain. Their primary functions include halting germ proliferation, extending storage durations, and facilitating the local transport of temperature-sensitive items.

The North American insulated shipping container market is segmented by material type (expanded polystyrene, polyurethane foam, expanded polypropylene, and other material types), end-user application (pre-cooked food and frozen food, life sciences and pharmaceutical, fresh meat, fresh produce, bakery, plants, and flowers, and other end-user applications), and country (the United States and Canada). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.