Global Vacuum Insulated Panel (VIP) Shippers market will reach 98.79 million US$ by the end of 2024
Published Date: 2019/10/15
The global market scale of Vacuum Insulated Panel (VIP) Shippers was 58.62 million dollars in 2018. It is expected to reach 63.11 million dollars by 2019 and 98.79 million dollars by 2024, with the CAGR of 9.09%. In 2018, the sales volume of Vacuum Insulated Panel (VIP) Shippers is 520 k units.
The Major sales regions of Vacuum Insulated Panel (VIP) Shippers are Asia-Pacific, Europe and North America, which accounted for about 93.37% of sales market share in 2018. Europe is the largest consumption region with a market share of 37.82% in 2018.
Vacuum Insulated Panel (VIP) Shippers manufacturers range from large multinational corporations to small privately owned companies in this industry. The leading players are Va-Q-tec, ThermoSafe, CSafe Global, Intelsius, Sofrigam, accounting for about 40 percent revenue market share in 2018.
The market segment by four types: Small Size Vacuum Insulated Panel (VIP) Shippers, Medium Size Vacuum Insulated Panel (VIP) Shippers and Large Size Vacuum Insulated Panel (VIP) Shippers. The applications of Vacuum Insulated Panel (VIP) Shippers are Pharmaceutical & Biotechnology, Food & Beverage and other. Pharmaceutical & Biotechnology is the main application, which accounts for about 71.05% of total consumption in 2018.
The market scale will keeps increasing steadily in the next few years. Although sales of Vacuum Insulated Panel (VIP) Shippers brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Vacuum Insulated Panel (VIP) Shippers field.
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