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Reusable Icepacks Market by Product, Application, and Geography - Forecast and Analysis 2020-2024

Reusable Icepacks Market by Product, Application, and Geography - Forecast and Analysis 2020-2024

Global Reusable Icepacks Market: About this market

Technavio’s reusable icepacks market analysis considers sales from ice/dry icepacks, refrigerant gel-based icepacks, and chemical-based icepack products. Our study also finds the sales of reusable icepacks in APAC, Europe, North America, South America, and MEA. In 2018, the ice/dry icepacks segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as preserving the inherent chemical properties of meat, medical, supplies, seafood, and biological materials will play a significant role in the ice/dry icepacks segment to maintain its market position. Also, our global reusable icepacks market report looks at factors such as increasing demand for packaged food and beverages, demand for cold solutions to reduce food wastage in developing countries, and increasing demand for reusable icepacks in sports injuries. However, safe handling and transportation of dry ice, environmental concerns related to plastic waste, and availability of substitutes may hamper the growth of the reusable icepacks industry over the forecast period.

Global Reusable Icepacks Market: Overview

Growing demand for cold solutions to reduce food wastage in developing countries

In developing countries, food wastage due to inadequate and inefficient cold chain infrastructure is driving the growth of the reusable icepacks market significantly. This is because only 5% of these products are transported via cold chain using reusable icepacks. Thus, to reduce food wastage, maintaining the freshness and shelf life of perishable food products, and overcoming the resultant revenue losses, the governments in developing countries, such as China and India, are focusing on establishing and implementing cold chain solutions, thus driving the use of reusable icepacks. This demand for cold solutions will lead to the expansion of the global reusable icepacks market at a CAGR of about 8% during the forecast period.

Increasing adoption of environmentally friendly icepacks

Growing environmental concerns and government regulations are compelling manufacturers to focus on biopolymer-based plastics. Biopolymers are renewable plastic materials manufactured from biomass, which comprises materials, such as corn, wheat, and sugarcane. The plastic cover extends the lifespan of reusable icepacks. The demand for biodegradable plastic products for industrial and consumer goods applications, especially in the food packaging industry, is increasing rapidly. The rising need for waste management has also contributed to the growth of the bio-based plastics industry. Eco-friendly initiatives undertaken by corporates and the abundant availability of the raw materials used in manufacturing bioplastics have also increased the use of biodegradable packaging. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global reusable icepacks market during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the global reusable icepacks market is highly fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading reusable icepacks manufacturers, that include 3M Co., Accurate Manufacturing Inc., Arctic Ice LLC, Cardinal Health Inc., Cold Chain Technologies, Cryopak, Ice Pack Store, King Brand Healthcare Products Ltd., Nordic Cold Chain Solutions, and TECHNI ICE.

Also, the reusable icepacks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Products offered by key vendors
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global metal and glass containers market
      • Table Segments of global metal and glass containers market
    • Market characteristics
      • Table Market characteristics
    • Value Chain Analysis
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by product
    • Table Product - Market share 2019-2024 (%)
    • Comparison by product
      • Table Comparison by product
    • Ice/Dry icepacks - Market size and forecast 2019-2024
      • Table Ice/Dry icepacks - Market size and forecast 2019-2024 ($ millions)
      • Table Ice/Dry icepacks - Year-over-year growth 2020-2024 (%)
    • Refrigerant gel-based icepacks - Market size and forecast 2019-2024
      • Table Refrigerant gel-based icepacks - Market size and forecast 2019-2024 ($ millions)
      • Table Refrigerant gel-based icepacks - Year-over-year growth 2020-2024 (%)
    • Chemical-based icepacks - Market size and forecast 2019- 2024
      • Table Chemical-based icepacks - Market size and forecast 2019-2024 ($ millions)
      • Table Chemical-based icepacks - Year-over-year growth 2020-2024 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by application
    • Table Application - Market share 2019-2024 (%)
    • Comparison by application
      • Table Comparison by application
    • Food and beverage - Market size and forecast 2019-2024
      • Table Food and beverage - Market size and forecast 2019-2024 ($ millions)
      • Table Food and beverage - Year-over-year growth 2020-2024 (%)
    • Medical and healthcare - Market size and forecast 2019- 2024
      • Table Medical and healthcare - Market size and forecast 2019-2024 ($ millions)
      • Table Medical and healthcare - Year-over-year growth 2020-2024 (%)
    • Chemicals - Market size and forecast 2019-2024
      • Table Chemicals - Market size and forecast 2019-2024 ($ millions)
      • Table Chemicals - Year-over-year growth 2020-2024 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ millions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ millions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ millions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Rapid industrialization and economic growth in emerging markets
    • Increasing adoption of environment-friendly icepacks
    • Growing outsourcing of pharmaceutical manufacturing
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • 3M Co.
      • Table 3M Co. - Vendor overview
      • Table 3M Co. - Business segments
      • Table 3M Co. - Organizational developments
      • Table 3M Co. - Geographic focus
      • Table 3M Co. - Segment focus
      • Table 3M Co. - Key offerings
    • Accurate Manufacturing Inc.
      • Table Accurate Manufacturing Inc. - Vendor overview
      • Table Accurate Manufacturing Inc. - Product segments
      • Table Accurate Manufacturing Inc. - Key offerings
    • Arctic Ice LLC
      • Table Arctic Ice LLC - Vendor overview
      • Table Arctic Ice LLC - Product segments
      • Table Arctic Ice LLC - Key offerings
    • Cardinal Health Inc.
      • Table Cardinal Health Inc. - Vendor overview
      • Table Cardinal Health Inc. - Business segments
      • Table Cardinal Health Inc. - Organizational developments
      • Table Cardinal Health Inc. - Geographic focus
      • Table Cardinal Health Inc. - Segment focus
      • Table Cardinal Health Inc. - Key offerings
    • Cold Chain Technologies
      • Table Cold Chain Technologies - Vendor overview
      • Table Cold Chain Technologies - Business segments
      • Table Cold Chain Technologies - Organizational developments
      • Table Cold Chain Technologies - Key offerings
    • Cryopak
      • Table Cryopak - Vendor overview
      • Table Cryopak - Business segments
      • Table Cryopak - Organizational developments
      • Table Cryopak - Key offerings
    • Ice Pack Store
      • Table Ice Pack Store - Vendor overview
      • Table Ice Pack Store - Product segments
      • Table Ice Pack Store - Key offerings
    • King Brand Healthcare Products Ltd.
      • Table King Brand Healthcare Products Ltd. - Vendor overview
      • Table King Brand Healthcare Products Ltd. - Product segments
      • Table King Brand Healthcare Products Ltd. - Key offerings
    • Nordic Cold Chain Solutions
      • Table Nordic Cold Chain Solutions - Vendor overview
      • Table Nordic Cold Chain Solutions - Business segments
      • Table Nordic Cold Chain Solutions - Key offerings
    • TECHNI ICE
      • Table TECHNI ICE - Vendor overview
      • Table TECHNI ICE - Product segments
      • Table TECHNI ICE - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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