Latest News- Reusable Icepacks Market: Ice/dry icepacks is expected to lead the Product segment during 2025-2029

The Reusable Icepacks Market is being driven by Increasing demand for packaged food and beverages

The Reusable Icepacks Market is expected to grow at a CAGR of 5.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 374.7 million. The reusable icepacks market in emerging economies, including China, India, Brazil, South Africa, and Indonesia, is projected to experience substantial expansion during the forecast period. China is anticipated to lead the global reusable icepacks market, primarily due to the robust demand from sectors such as food and beverage and medical and healthcare. Moreover, the burgeoning industries, specifically food and beverage and fast-moving consumer goods (FMCG), are fueling the need for reusable icepacks in food packaging. This growth is driven by the rising disposable incomes and escalating economic activities in emerging markets, most notably China. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Ice/dry icepacks
  • Refrigerant gel-based icepacks
  • Chemical based icepacks
• Application
  • Food and beverage
  • Medical and healthcare
  • Chemicals
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • South America
  • Middle East and Africa

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

• Increasing demand for packaged food and beverages
• Growing demand for cold solutions to reduce food wastage in developing countries
• Growing demand for reusable icepacks in sports injuries

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

• Safe handling and transportation of dry ice
• Environmental concerns related to plastic waste
• Availability of substitutes

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Market Scope in Reusable Icepacks Market Research Report

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Research Analysis Overview

Reusable ice packs, available in various forms like freezer and microwavable models, are made of high-density polyethylene, a non-toxic polymer. These lightweight, shape-retaining storage bags offer versatility as cold therapy solutions for medical professionals in physiotherapy, retail stores, pharmacies, and mail order pharmacies under the Medical and Healthcare sector. Eco-conscious consumers prefer reusable ice packs over single-use plastics for environmental sustainability, reducing plastic waste, and minimizing energy consumption. These reusable products cater to the needs of healthcare, fitness, and sports industries, promoting environmental awareness and the shift towards eco-friendly alternatives.

Market Research Overview

The Reusable Icepacks market experiences a complex business landscape, characterized by a multi-tiered supply chain. Key players involve raw material suppliers, such as HDPE, LDPE, PET, PP, and PVC providers, and metal and glass container raw material suppliers, including steel, aluminum, tin, borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, and regular soda-lime glass. The production process encompasses research and development, large-scale manufacturing, and distribution to medical professionals, physiotherapists, and athletic injury sectors. These lightweight, non-toxic, freezable and microwavable storage bags offer significant benefits, making them a preferred choice for various applications.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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/