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Showing posts with the label Foam Cooler Box Market Growth

Foam Cooler Box Market is Estimated to Witness High Growth Owing to Opportunity to Replace Single-Use Plastic Coolers

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  Foam cooler boxes are portable insulated containers that help maintain the ideal temperature of food and beverages during transportation and storage. They provide effective insulation and portability for perishable items. The global Foam Cooler Box market is estimated to be valued at US$ 2.93 Bn in 2023 and is expected to exhibit a CAGR of 8.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Foam cooler boxes offer advantages over traditional ice-based coolers as they provide better temperature maintenance, are easier to carry, and do not leak water. Market key trends: The demand for foam cooler boxes is being driven by the rising focus toward sustainable packaging solutions. Foam cooler boxes do not require ice to keep contents cool and thus reduce energy usage and carbon emissions associated with ice production and transportation. They have highly efficient insulation properties and can maintain ice for up to 5 days or t

Food Delivery Is Fastest Growing Segment Fueling The Growth Of The Global Foam Cooler Box Market

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  The global Foam Cooler Box Market is estimated to be valued at US$ 2.93 Billion in 2023 and is expected to exhibit a CAGR of 8.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Foam cooler boxes are portable insulated boxes made from rigid foam insulation and designed to keep perishable foods and drinks cool without electricity for extended periods. These foam coolers are lightweight, durable, and convenient for keeping food and beverages chilled during activities such as camping, picnics, sports games, and food delivery. Market key trends: The  foam cooler box market  is witnessing high growth due to increasing demand from the food delivery sector. With the rising popularity of food delivery apps and online food ordering platforms, foam cooler boxes are increasingly being used for delivery of hot or chilled food items. Their compact and portable size along with insulation properties make them suitable for