Vidarbha News

Sonoco ThermoSafe (US) and B Medical Systems (Luxembourg) are the Key Players in the Cooler Box Market

 Breaking News
  • No posts were found

Sonoco ThermoSafe (US) and B Medical Systems (Luxembourg) are the Key Players in the Cooler Box Market

September 23
18:21 2021
Sonoco ThermoSafe (US) and B Medical Systems (Luxembourg) are the Key Players in the Cooler Box Market
Browse 147 market data Tables and 44 Figures spread through 208 Pages and in-depth TOC on “Cooler Box Market”
Cooler Box Market by Type (Disposable, Reusable), Raw Material (Polyurethane Foam, EPS, EPP, XPS, Others), End-Use Industry (Pharmaceuticals, Food & Beverages) and Region

The cooler box market is projected to grow from USD 4.6 billion in 2020 to USD 8.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.1% during the forecast period. Growth in the pharmaceutical industry, ongoing COVID-19 vaccination drives, technological advancements in the cooler box industry for the transportation of processed and fresh fruits, vegetables, dairy products, and other perishable food products are contributing to the growth of the cooler box market.

To know about the assumptions considered for the study download the pdf brochure

Key players in the cooler box market include Sonoco ThermoSafe (US), B Medical Systems (Luxembourg), Blowkings (India), ISONOVA (Italy), Eurobox Logistics (Romania), Nilkamal Ltd. (India), AOV International LLP (India), Cool Ice Box Co Ltd (UK), Apex International (India), Softbox Systems Ltd. (UK), va-Q-tec AG (Germany), Coldchain Technologies, Inc. (US), Sofrigam Group (France), FEURER GmbH (Germany), ORCA Coolers (US), Cold Chain Controls (India), CIP Industries CC (South Africa), Igloo Coolers (US), Liderkit (Spain), YETI Coolers, LLC (US), Dhruvraj Syndicate (India), MB Plastic Industries (India), Rollawaycontainer (Italy), K2 coolers (US), Grizzly Coolers LLC (US), Koolatron (Canada), Coleman Company, Inc.(US),Cambro (US),  Engel Coolers (US), Harwal Group of Companies  (UAE), Polar Tech Industries Inc. (US), Embalex S.L.U., and AUCMA Company Limited (China) are some of the key players operating in the global cooler box market. Key market players have focused on acquisitions, partnerships, product launches, expansions and investment to cater to the demand for cooler boxes across various applications for various end-use industries.

In December 2020, B Medical Systems announced the establishment of a new manufacturing factory in Gujarat, India. This facility is projected to cater the increasing demand for medically certified vaccine cold chain products in India. This is expected to help the country reinforce the critical cold chain required to deliver COVID-19 vaccines.

In November 2020, Coldchain Technologies Inc. opened a new facility in Lebanon, Tennessee (US) to increase the production of reusable and single-use passive thermal boxes to meet the unprecedented demand for the delivery of the COVID-19 vaccine to the public.

In October 2020,  Va-Q-Tec AG expanded its TempChain service network in Scotland and the US. The expansion of the network is expected to further optimize the global availability of va-Q-tec’s container and box rental fleet.

Request for Sample Report:

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States