What is Disposable Icepacks Market?
Disposable icepacks are widely used for medical use to treat sprains, swelling, and cold therapy to cure pain. The outburst of coronavirus across the globe and the growing adoption of disposable icepacks by most healthcare facilities has opened a new door as consumers shifted from reusable icepacks to disposable icepacks. The rapidly growing cold chain logistics and popularity of dry icepacks will increase the demand for disposable icepacks to keep perishable foods.
The market study is being classified, by Application (Hospitals, Laboratories, Clinics, Residential, Food Industry and Others) and major geographies with country level break-up.
The 3M Company (United States), Cardinal Health (United States), Dispotech Srl (Italy), Thermal Ice (Australia), GF Health Products (United States), Rapid Aid Corp. (Canada) and Nordic Cold Chain Solutions (United States) are some of the key players profiled in the study.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Disposable Icepacks market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Disposable Icepacks market by Type, Application and Region.
On the basis of geography, the market of Disposable Icepacks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Surging Demand for Disposable Icepacks in the Food Industry and Medicinal Applications for Cold Therapy
- Growing Preference of Disposable Icepacks in the Healthcare Due to Surge in Covid-19 Pandemic
Market Trend
- Increased Focus on R&D Activities to Increase Shelf Life of Disposable Icepacks
Restraints
- High Adoption of Reusable Icepacks by the Households
Opportunities
- Increased Demand for Eco-Friendly and Recyclable Disposable Icepacks Worldwide
Challenges
- Less Shelf Life of Disposable Icepacks Creates Issue for Shipping Perishable Products
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Disposable Icepacks Manufacturers, Suppliers and Distributors of Disposable Icepacks, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others