In 2023, the insulated food delivery bags market is expected to increase to a valuation of US$ 14.49 billion. From 2023 to 2033, it is anticipated to exhibit a compound annual growth rate (CAGR) of 6.8%, reaching US$ 27.97 billion in 2033.
The increasing trend of ordering food online via smartphones and food delivery apps like Zomato and Uber Eats is fueling the demand for insulated bags. These bags help keep food fresher for longer, enhancing the overall dining experience for consumers. Acting as catalysts, insulated food delivery bags are driving global consumption and adoption across various food delivery platforms.
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Insulated Food Delivery Bags: Market Drivers
- Many insulated bag manufacturing companies are dedicated to developing innovative products with various properties including strength, durability, heat resistance, moisture resistance, and lightness.
- Government regulations, such as those from the FDA in the United States, play a crucial role in regulating the food contact packaging sector, thereby promoting the adoption of insulated food bags.
- In August 2019, NIKU Farms made a significant stride by introducing ground-breaking Green Cell Foam insulated packaging to Canada for its farm-to-door meat subscription boxes.
- This initiative aimed to provide packaging materials that are compostable, biodegradable, and water-soluble, addressing environmental concerns.
- The primary raw material used in this eco-friendly packaging is non-GMO cornstarch, sourced from renewable resources, reflecting a commitment to sustainability.
The market is highly fragmented and is marked by the presence of large integrated companies such as
- Coleman
- Wildkin
- Engel and Arctic Ice.
Companies such as Coleman and Wildkin are the manufacturers as well as suppliers of the product to end-use industries.
The manufacturers have distributors for different locations across the world. Other major companies operating in the market include
- Arctic Zone
- Mammoth
- Green Bag America
- Dometic
- Xiamen Ason Products Co. Ltd
- Carrycool Enterprise
- American Bag Company.
The Report Covers Exhaustive Analysis on
- insulated food delivery bags market segment
- insulated food delivery bags market dynamics
- insulated food delivery bags market size
- insulated food delivery bags supply and demand
- Current trends/issues/challenges pertaining to insulated food delivery bags market
- Competition landscape and emerging market participants in insulated food delivery bags market
- Technology related to production/processing of insulated food delivery bags.
- Value chain analysis of the insulated food delivery bags market
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Insulated Food Delivery Bags: Market Segmentation
On basis of material :
- PET
- Fabric
- Nonwovens
- Polyethylene
- Polyurethane
- Gel packs
On basis of packaging:
- Boxes & Containers
- Bags & Pouches
- Wraps
On basis of type:
- Rigid
- Flexible
- Semi-Rigid
Regions and Countries Analyzed in the Report
- North America (USA, Canada)
- Latin America (Mexico, Brazil, Rest of LATAM)
- Europe (Germany, United Kingdom, France, Italy, Spain, Poland, Russia, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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