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Stock impact report

Insulated Packaging Market to surpass USD 30 Billion by 2032, Says Global Market Insights inc. [Yahoo! Finance]

Amcor plc Ordinary Shares (AMCR) 
Last amcor plc ordinary shares earnings: 2/11 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
temperature-sensitive products in the food, pharmaceutical, and chemical industries. The rise of e-commerce and direct-to-consumer delivery services has intensified the need for effective insulated packaging solutions. The market is segmented into rigid, flexible, and semi-rigid packaging, with the rigid segment expected to surpass USD 10 billion by 2032. The pharmaceutical sector is the fastest-growing segment, with a CAGR of over 9% from 2024 to 2032, due to advances in personalized medicine and biotechnology. North America accounts for over 30% of the global market, driven by the need for temperature-sensitive products in the pharmaceutical and food sectors. Insulated Packaging Industry size is expected to register 7% CAGR between 2024 and 2032 propelled by rising demand for temperature-sensitive goods. Selbyville, Delaware, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Insulated Packaging Market was valued at USD 16.8 billion in 2023 and is projected to be worth USD 30 billion by the end Show less Read more
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