Disposable Icepacks Market in North America Size to grow by USD 100.4 million between 2024-2028
According to a research report “ Disposable Icepacks Market in North America” by Product (Dry-ice-based, Gel-based) Application (Food and beverages, Medical and healthcare, Chemicals) Geography (North America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 100.4 million, at a CAGR of 6.91% during the forecast period. The North American market for disposable icepacks is a significant manufacturing hub, driven by a substantial consumer base and rising purchasing power parity. Major players, including 3M, Cardinal Health, Cryopak, Cold Chain Technologies, King Brand Healthcare Products Ltd., and Arctic Ice, call countries such as the US, Canada, and Mexico home. These leading manufacturers contribute significantly to the region's disposable icepack market. They offer a range of products, including dry ice-based and gel-based disposable icepacks, catering to various applications in sectors like food and beverage, medical and healthcare, and chemicals. North America's strong market position in disposable icepacks is underpinned by the presence of these prominent manufacturers..
Browse market data tables, figures, and in-depth TOC on “Disposable Icepacks Market in North America” by Product (Dry-ice-based, Gel-based) Application (Food and beverages, Medical and healthcare, Chemicals) Geography (North America) Global Forecast to 2028. Download Free Sample
By Product, the Dry-ice-based segment is projected to dominate the market size in 2024
Dry ice, formed through the expansion of liquid carbon dioxide (CO2) at atmospheric pressure, converts half of the liquid into gas and the other half into CO2 snow, resulting in solidly frozen ice at a temperature of -109.3°F. Disposable dry ice packs, utilizing FDA-approved food-grade polymers, are essential for shipping temperature-sensitive items such as meat, medical supplies, seafood, and biological materials. The use of dry ice for shipping is more effective than traditional methods, ensuring prolonged cold preservation, making it an optimal choice for transporting perishable goods.
By Application, Food and beverages segment is expected to hold the largest market size for the year 2024
In the North American market, disposable icepacks hold significant importance due to their extensive usage in the food and beverage sector. The region's thriving food and beverage industry, driven by the increasing export of perishable products to developing countries, is the primary growth driver. The US and Canada, as major exporters, benefit from evolving consumer preferences, improved food quality, and the expansion of organized retail chains, such as supermarkets and hypermarkets, which in turn fuel the demand for disposable icepacks.
North America is forecasted to hold the largest market size by region in 2024
The North American disposable ice pack market represents a significant business opportunity due to the increasing demand for convenient and effective cooling solutions. Key market drivers include the growing healthcare sector, rising consumer awareness towards injury care, and the convenience offered by disposable ice packs over traditional methods. Major players in this market include 3M, Cardinal Health, and McKesson Corporation, who are investing in product innovation and expanding their distribution networks to cater to the rising demand.
The Disposable Icepacks Market in North America growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
.
For insights on company offerings- Request a sample report!
Research Analysis Overview
The Disposable Icepacks Market in North America is a growing industry driven by the demand for convenient and effective cooling solutions for various applications. Key players in this market include 3M, Cardinal Health, Medline Industries, Dynarex Corporation, Deluxe Packaging, MedPride, Cryopak, and Techni Ice. These companies specialize in the manufacturing of disposable icepacks using plastic and a gel-like substance that provides efficient cooling. The market for disposable icepacks is diverse, catering to healthcare facilities, developing regions, sports, first aid kits, and medical applications. The healthcare sector is a significant contributor, with a focus on certified safety and cold chain requirements for perishable goods. Arthritis and swelling are common conditions where disposable icepacks are used to provide relief from injuries and pain. Companies like Medline Industries and Cardinal Health dominate the healthcare segment, while Dynarex Corporation and Deluxe Packaging cater to the sports and first aid markets. Cryopak and Techni Ice are known for their innovative cooling devices and certifications for various industries. Overall, the North American disposable icepacks market is expected to grow due to increasing demand and advancements in technology.
Market Research Overview
Presently, the Disposable Icepacks market in North America is witnessing significant growth due to the increasing demand for timely treatment and injury prevention, particularly in the sports and healthcare sectors. Key players in this market include 3M, Cardinal Health, Deluxe Packaging, MedPride, Integreon Global, Cryopak, and Techni Ice. These companies are focusing on mergers, joint ventures, and expansion to increase their market share. For instance, 3M's acquisition of Avery Dennison's Medical Solutions Business in 2019 expanded its offering in the disposable medical products market. The market for disposable icepacks is diverse, catering to various industries such as sports, medical, and healthcare facilities. The products are essential for the elderly population and those suffering from chronic conditions like arthritis. The market for disposable icepacks is expected to grow further due to the increasing demand for certified safety and cooling devices for perishable goods. Manufacturers are focusing on the use of advanced materials such as gel-like substances and plastic to create effective and reusable icepacks. Case studies show that timely application of icepacks can significantly reduce swelling and injuries. Companies like Integreon Global, Cryopak, and Techni Ice are investing in research and development to create innovative and effective disposable icepacks. In conclusion, the North American disposable icepacks market is poised for growth due to the increasing demand for timely treatment and injury prevention. Key players are focusing on mergers, joint ventures, and expansion to increase their market share. The market caters to various industries, and the use of advanced materials is driving innovation in the sector.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/