What Fueled The Previous Growth In The Gel Ice Pack Market?
The gel ice pack market has seen considerable growth due to a variety of factors.
• The gel ice pack market has grown rapidly in recent years. It will increase from $12.5 billion in 2024 to $14.69 billion in 2025, at a compound annual growth rate (CAGR) of 17.5%.
The growth is driven by efforts to educate consumers, the rise in clinical trials validating efficacy, higher road accident rates, growing fitness activity participation, and increased investment in research and development.
What Is The Expected Growth In The Gel Ice Pack Market Size Evolve over the Forecast Period?
The gel ice pack market is expected to maintain its strong growth trajectory in upcoming years.
• The gel ice pack market is projected to grow rapidly, reaching $27.78 billion by 2029, at a CAGR of 17.3%.
This growth will be driven by rising consumer awareness about health and wellness, cost reduction efforts in manufacturing, the expansion of distribution networks, growth in online retail platforms, and the rise of medical tourism. Trends will include hybrid packs, nanotechnology integration, biodegradable gel packs, antimicrobial properties in gel materials, and carbon-neutral production processes.
What Main Forces Are Fueling Expansion In The Gel Ice Pack Market?
The rising use of ice packs in chronic pain management is expected to drive the gel ice pack market. Chronic pain, particularly from conditions like arthritis and diabetes, is increasing due to factors such as aging, sedentary lifestyles, and obesity. Gel ice packs help manage pain by reducing inflammation and numbing the affected areas. According to the US Pain Foundation, nearly 21% of the U.S. population suffers from chronic pain. The growing use of ice packs in pain management is driving the gel ice pack market.
What Are The Primary Segments In The Global Gel Ice Pack Market?
The gel ice pack market covered in this report is segmented –
1) By Type: Reusable, Disposable
2) By Material: High-Density Polyethylene (HDPE), Nylon, Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC)
3) By Application: Pharmaceuticals, Medical And Healthcare, Consumer Goods, Food Industry, Chemicals, Electronics, Logistics And Transport, Other Applications
4) By Distribution Channel: Online, Offline
Subsegments:
1) By Reusable: Standard Reusable Gel Ice Packs, Flexible Reusable Gel Ice Packs, Reusable Hot Or Cold Gel Packs
2) By Disposable: Single-Use Gel Ice Packs, Medical Disposable Gel Ice Packs, Food And Beverage Disposable Gel Ice Packs
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How Are New Trends Impacting The Size Of The Gel Ice Pack Market?
Companies in the gel ice pack market are creating compostable gel packs to address environmental concerns and demand for sustainable packaging solutions. For example, in August 2022, Pelton Shepherd Industries launched Terra Ice, the first fully compostable gel pack made from BPI-certified compostable film and natural gelling agents, providing an eco-friendly alternative for cold chain shipping.
Who Are the Key Players In The Gel Ice Pack Market?
Major companies operating in the gel ice pack market are:
• Medline Industries LP
• Ace Hardware Corporation
• Sonoco Products Company
• Sigma - Aldrich
• Intco Medical Technology
• Cold Chain Technologies LLC
• Lifoam Industries LLC
• Ranpak Holdings Corp.
• Cryopdp
• Cryopak Industries Inc.
• Polar Tech Industries
• Nordic Cold Chain Solutions
• Pelton-Shepherd Industries Inc.
• Stream Peak International Pte Ltd
• Valor Industries
• Sammons Preston
• Insulated Products Corp.
• Techni Ice
• Satyog Engineering Industries
• Polar Bear Coolers
• Cold Ice Inc.
• Inuteq
• M/s Innova Global
• Kalyani Enterprises
• Gelpackdirect
What Is The Most Dominant Region In The Gel Ice Pack Market?
North America was the largest region in the gel ice pack market in 2023. The regions covered in the gel ice pack market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
