The global demand for Gel Bricks Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026.
Gel bricks are mainly used as refrigerant or coolant for food products and pharmaceutical products. It is also used as a measure used in relieving physical pain and commonly used for sportspersons and patients. Gel bricks are also called as cold packs and gel packs. Various Healthcare and Pharmaceutical products require a desired condition and temperature at the time of transportation and maintain these product criteria and life cycle. Gel bricks are used with insulated containers. Common materials used as gel bricks are Hydroxyethyl Cellulose, Polymer and Silica coated with Vinyl used in medical surgery and other health-related issues. The benefits of gel bricks are that they are easy to carry, durable, longer life cycle, non-toxic, stable, or non-reactive.
The factors that drive the Gel Bricks market are non-toxicity, durability, cost-efficient, increase in nature and number of diseases, increase in the sophisticated standard of living, rise in health concerns, increase in demand of food products, and several Healthcare units. The factors that constraints the Gel Bricks market are the presence of substitutes, such as herbal products, and sustainability issues. All the Gel Bricks products use plastic as a packaging material that is non-biodegradable non-compostable, which in turn raises the waste generation and impede the environment.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of gel bricks.
The entire gel bricks market has been sub-categorized into type of material and end use industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type of Material
By End Use Industry
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Polyamide (PA)
- Polyethylene Terephthalate (PET)
- Food & Beverages
- Other Consumer Goods
This section covers regional segmentation which accentuates on current and future demand for gel bricks market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Gel Bricks Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the gel bricks market include 3M, Hisamitsu Pharmaceutical, Johnson & Johnson, Medline Industries, Össur, Performance Health, Beiersdorf, Rohto Pharmaceutical, Romsons Group of Industries, Custom Ice, Unexo Life Sciences, Hill Country Mfg, Shanghai Broadway Packaging & Insulation, Materials Co. Ltd., GelStar International, Axizz LLC, D. S. Enterprises, ThermaFreeze Products Corp. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.