Latest News- Disposable Icepacks Market in North America: Dry-ice-based is expected to lead the Product segment during 2024-2028

The Disposable Icepacks Market in North America is being driven by Presence of major disposable icepack manufacturers in North America

The Disposable Icepacks Market in North America is expected to grow at a CAGR of 6.91% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 100.4 million. In North America, the US and Canada are significant contributors to the global food export market, with a robust agricultural sector driving exports of meat, dairy products, fruits, and fruit juice. American companies hold a dominant position in the global food export industry. The increasing trade of food and beverage products, driven by both traditional and e-commerce channels, necessitates the use of protective packaging such as disposable icepacks. As a result, the demand for disposable icepacks is projected to grow in North America during the forecast period. The expanding e-commerce sector, which requires efficient and effective packaging solutions, is another key factor fueling market growth. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Dry-ice-based
  • Gel-based
• Application
  • Food and beverages
  • Medical and healthcare
  • Chemicals
• Geography
  • North America
    • US
    • Canada
    • Mexico

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Presence of major disposable icepack manufacturers in North America
• Growing demand for packaged food and beverages
• Demand for disposable icepacks in treating sports injuries

However, the market also witnesses some limitations, which are as follows:

• Availability of alternatives
• Safe handling and transportation of dry ice
• Growing environmental concerns related to plastic waste

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Market Scope in Disposable Icepacks Market in North America Research Report

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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

The Disposable Ice Packs market in North America is characterized by a fragmented value chain, encompassing various stakeholders from raw material suppliers to end-users. The supply chain involves the procurement of raw materials, such as steel, aluminum, borosilicate glass, soda-lime-silica glass, high-density polyethylene (HDPE), and polyethylene terephthalate (PET), among others. These raw materials are then utilized in the research and development phase to create the desired product. Subsequently, the product is manufactured on a large scale to meet market demands, followed by distribution through multiple channels to reach end-users. The intricacy of this value chain necessitates effective coordination and communication among all involved parties to ensure a seamless and efficient supply of disposable ice packs in North America.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/