ReleaseWire

EPS "Coolers" Market Growing at 3.20% CAGR Will Hit 410 Million US$ in 2025

Posted: Wednesday, April 24, 2019 at 4:29 PM CDT

Los Angeles, CA -- (SBWire) -- 04/24/2019 --Expanded polystyrene (EPS) is a rigid and tough, closed-cell foam. It is usually white and made of pre-expanded polystyrene beads.

Thick Wall ESP Coolers account for about 70% of the market, and the market share has been growing a bit in the past few years. Promotional ESP Coolers are much fewer than Thick Wall ESP Coolers and its market share has been decreasing a bit.

Sonoco ThermoSafe and Magna Manufacturing are the largest producers in the world which account for 11.75% and 5.08% in 2015. Other companies have much smaller market than these two companies with no more than 5% of the market.

The production of EPS "Coolers" was largest in US in 2015, which accounts for 28.41% of the market. EU produced the second most EPS "Coolers" in 2015 with 24.48% market share. China is the third largest with 18.51% in 2015. In terms of consumption, EU was the largest market while US was the second place in 2015 due to import and export.

Although the market competition of EPS "Coolers" is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of EPS "Coolers" and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.

The global EPS "Coolers" market was 320 million US$ in 2018 and is expected to 410 million US$ by the end of 2025, growing at a CAGR of 3.2% between 2019 and 2025.

This report studies the EPS "Coolers" market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of EPS "Coolers" in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Sonoco ThermoSafe

Magna Manufacturing

LIFOAM Industries

Cellofoam

Moulded Foams

Airlite

Cold Chain Technologies

Intelsius

SKK

ACH Foam Technologies, Inc.

Styropack

Therapak

WOXIN

GINT

Tempack

Gailen

By the product type, the market is primarily split into

Promotional EPS Coolers

Thick Wall EPS Coolers

By the end users/application, this report covers the following segments

Ship medicines

Ship reagents

Ship food

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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