The global market for PUR shippers is anticipated to be worth $9.3 billion in 2022 and $15.7 billion in 2032. In the projection period of 2022 to 2032, it is expected to expand at a CAGR of 6.2%. The rising demand for temperature-controlled packaging solutions in many parts of the world is expected to boost PUR shipper sales in the coming years.
Polyurethane (PUR) shippers are transportation coolers that can provide protection from road bruising and bumps while also providing better insulating power. PUR shippers, sometimes known as cold shipping boxes, are capable of safeguarding temperature-sensitive products throughout delivery and transportation.
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Market Competition
Some of the leading companies present in the global PUR shippers market include
- American Aerogel Corporation,
- Sonoco Products Co.,
- Topa Thermal Packaging BV,
- Sintex Plastics Technology Limited,
- Jarden Life Sciences,
- Cryopak Industries Inc.,
- Tempack Packaging Solutions, S.L.,
- Cold Chain Technologies, Inc.,
- Chill-Pak, Sofrigam SA,
- Pelican BioThermal LLC,
- ACH Foam Technologies, and
- Mesa Laboratories, Inc. among others.
Majority of the leading players operating in the global market are increasingly focusing on mergers and acquisitions with start-up companies and local firms to co-develop new products and cater to the surging demand from various end-use industries. Meanwhile, a few other key players are engaging in partnerships and new product launches to expand their existing portfolios and gain a competitive advantage in the global market.
What are some of the key drivers propelling the PUR Shippers market?
The growing use of smartphones and the internet is predicted to propel the global e-commerce business. Customers’ high technology knowledge is expected to influence demand for PUR shippers in the next years. Another important reason that will bode well for the worldwide market is the continued development of 4G and 5G technologies due to the importance of quicker surfing.
Furthermore, the quick development of innovative PUR shippers by reputable firms, which are fitted with temperature sensors and can instantly detect if the container was opened during transportation, is expected to drive market expansion. The urgent need to improve temperature-sensitive product handling is also projected to increase.
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Why is North America Emerging as an Opportunistic PUR Shippers Market
North America is projected to remain at the forefront in terms of the PUR shippers market share in the assessment period. The presence of a well-established pharmaceutical industry in the U.S. is estimated to accelerate the growth in the regional market.
The entry of multiple large- and small-scale PUR shipper manufacturers in Canada is another vital factor that is likely to spur the North America market. In addition to that, the rising demand for reusable packaging solutions for reducing the carbon footprint is expected to drive the growth.
Key Segments Profiled in the PUR Shippers Industry Survey
By Application:
- Frozen
- Ambient
- Chilled
By Capacity:
- Less than 5 Liters
- 5 Liters to 10 Liters
- 10 Liters to 15 Liters
- 15 Liters & Above
By End Use:
- Pharmaceutical & Healthcare
- Clinical Samples
- Serum
- Blood
- Chemicals & Agro Chemical
- Food & Beverage
- Industrial
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East and Africa
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Market Benefits
- The study provides an in-depth analysis of the global Packaging Suction Cups Market along with the current trends and future estimations to elucidate the imminent investment pockets.
- The key market players along with their strategies are thoroughly analyzed to understand the competitive outlook of the industry.
- An extensive analysis of the market based on application assists in understanding the trends in the industry.
- The report presents a quantitative analysis of the market from 2022 to 2032 to enable stakeholders to capitalize on the prevailing market opportunities.
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