Press Release

May, 13 2024

Rise in Incidences of Sports Injuries is Expected to Drive the Growth of Global Disposable Ice Packs Market

Disposable ice packs are single-use cooling devices designed to provide temporary relief for injuries, reduce swelling, and preserve perishable goods. Typically composed of a plastic or pouch filled with a gel-like substance, they activate upon application of pressure or by breaking an inner pouch to initiate a chemical reaction that generates cold temperatures. Marketed for medical, sports, and recreational purposes, disposable ice packs offer convenient and portable cooling solutions. They find widespread use in first aid kits, sports injuries, transportation of temperature-sensitive goods, and outdoor activities. Offering ease of use and affordability, disposable ice packs serve as accessible cooling solutions for various applications.     

Access full Report @ https://www.databridgemarketresearch.com/reports/global-disposable-ice-packs-market

Data Bridge Market Research analyses that the Global Disposable Ice Packs Market is expected to reach USD 1,243,133.40 thousand by 2031 from USD 872,682.73 thousand in 2023, growing with a substantial CAGR of 4.6% in the forecast period of 2024 to 2031.     

Key Findings of the Study

Disposable Ice Packs Market

Increase in Demand from Healthcare Industry

The expansion and modernization of healthcare infrastructure, particularly in developing regions, are further increasing the demand for disposable ice packs. As countries invest in upgrading their healthcare facilities and enhancing access to medical services, there is a corresponding increase in the procurement of essential medical supplies, including disposable ice packs, to meet the growing needs of patients.

Growing emphasis on post-operative care and rehabilitation is also driving the demand for disposable ice packs in the healthcare industry. After surgical procedures, patients often require cold therapy to manage pain, reduce swelling, and promote recovery. Disposable ice packs offer a convenient and hygienic solution for delivering cold therapy in healthcare settings, thereby witnessing increased adoption in hospitals, ambulatory surgical centers, and rehabilitation facilities globally.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Thousand

Segments Covered

Product Type (Gel-Based and Dry Ice-Based), Size (Small, Medium, and Large), End-Use (Medical, Food, Personal Care, and Others), Distribution Channel (Store Based Retailers and Non-Store Retailers)  

Countries Covered

U.S., Canada, and Mexico, Germany, France, U.K., Italy, Spain, Russia, Netherlands, Belgium, Switzerland, Turkey, Sweden, Denmark, Finland, Norway, Rest of Europe, China, Japan, India, South Korea, Indonesia, Philippines, Thailand, Australia, Malaysia, Taiwan, Singapore, Hong Kong, New Zealand, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, United Arab Emirates, South Africa, Egypt, Kuwait, Qatar, Oman, Israel, Bahrain and Rest of Middle East and Africa 

Market Players Covered

Techni Ice (Austraila), Cryopak (subsidiary of Integreon Global) (U.S.), Certified Safety, Manufacturing (U.S.), MedPride (A Subsidiary of Shield Line Company) (U.S.), Cold Chain Technologies (U.S.), Deluxe Packaging (U.S.), Dynarex Corporation(U.S.), Medline Industries (U.S.), LP, Cardinal Health (U.S.), 3M (U.S.), PELTON SHEPHERD INDUSTRIES (U.S.), Mueller Sports Medicine, Inc. (U.S.), Insulated Products Corporation (U.S.), and Dispotech srl (Italy), among others 

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

Segment Analysis

  • The global disposable ice packs market is segmented into four notable segments based on material product type, size, end-use, and distribution channel.   

On the basis of product type, the market is segmented into gel-based and dry ice-based

In 2024, the gel-based segment is expected to dominate the Global Disposable Ice Packs Market

In 2024, the gel-based segment is expected to dominate the market with a market share of 79.50% due to their effective cooling, flexibility, reusability, durability, convenience, safety, and widespread acceptance among consumers, healthcare professionals, and athletes.

  • On the basis of size, the market is segmented into small, medium, and large

In 2024, the small segment is expected to dominate the Global Disposable Ice Packs Market

In 2024, the small segment is expected to dominate the market with a market share of 46.62% due to their compact size, portability, convenience, and versatility for targeted relief in various applications such as first aid, sports injuries, and lunch bags. 

  • On the basis of end-use, the market is segmented into medical, food, personal care, and others. In 2024, the medical segment is expected to dominate the market with a market share of 50.46%   
  • On the basis of distribution channel, the market is segmented into store-based retailers and non-store retailers. In 2024, the store based retailer segment is expected to dominate the market with a market share of 62.95%                  

Major Players

Cardinal Health. (U.S.), Cold Chain Technologies (U.S.), Medline Industry, LP. (U.S.), PELTON SHEPHERD INDUSTRIES (U.S.) and Mueller Sports Medicine, Inc. (U.S.) as major market players in this market.   

Disposable Ice Packs Market

Recent Developments

  • In 2024, Cardinal Health acquired Specialty Networks, for USD 1.2 Billion in cash, which aims to provide increased clinical and economic value for over 11,500 specialty providers, including more than 7,000 physicians across 1,200 independent practices. The acquisition enhanced Cardinal Health's specialty strategy by strengthening its downstream provider-focused analytics capabilities and accelerating its upstream data and research opportunities with biopharma manufacturers. Specialty Networks' PPS Analytics platform, which analyzes data from various systems to generate actionable insights, will complement Cardinal Health's distribution, research, and technology capabilities
  • In 2024, The Collective Healthcare Action to Reduce MedTech Emissions (CHARME) initiative was launched to cut greenhouse gas emissions from the U.S. medical device and equipment supply chain, accounting for 7% of healthcare emissions. Cardinal Health, Kaiser Permanente, Vizient, and other stakeholders joined this 24-month collaborative effort to implement decarbonization strategies. The initiative aims to follow a roadmap outlined in a 2023 white paper to reduce emissions through renewable energy, product innovation, utilization, and transportation practices. CHARME seeks to create a resilient and sustainable MedTech supply chain while improving environmental and human health
  • In November 2023, ryopak Eco Gel redefines cold chain logistics with its eco-friendly approach, offering a green alternative to traditional refrigerants. This innovative product boasts distinctive characteristics, including biodegradability, recyclability, and FDA approval, making it a standout choice for sustainable operations across various sectors
  • In October 2019, 3M completed its acquisition of Acelity, Inc. and its KCI subsidiaries worldwide, aiming to enhance its medical technology offerings. The acquisition adds Acelity's advanced wound care and specialty surgical applications under the KCI brand to 3M's portfolio. The move strengthens 3M's position as a leader in the advanced wound care market. Approximately 4,500 former KCI employees are now part of 3M's Medical Solutions Division within the Health Care Business Group. Business operations for KCI and 3M MSD continue without immediate changes

 Regional Analysis 

Geographically, the countries covered in the market report are U.S., Canada, and Mexico, Germany, France, U.K., Italy, Spain, Russia, Netherlands, Belgium, Switzerland, Turkey, Sweden, Denmark, Finland, Norway, rest of Europe, China, Japan, India, South Korea, Indonesia, Philippines, Thailand, Australia, Malaysia, Taiwan, Singapore, Hong Kong, New Zealand, rest of Asia-Pacific, Brazil, Argentina, rest of South America, Saudi Arabia, United Arab Emirates, South Africa, Egypt, Kuwait, Qatar, Oman, Israel, Bahrain and rest of Middle East and Africa.       

 As per Data Bridge Market Research analysis:

North America is estimated to be the fastest and dominate region in the Global Disposable Ice Packs Market

North America is expected to dominate and fastest growing region in the market due to high healthcare expenditure, sports culture, and demand for convenience products. Strong distribution networks and technological advancement.

For more detailed information about the Global Disposable Ice Packs Market report, click here – https://www.databridgemarketresearch.com/reports/global-disposable-ice-packs-market


Client Testimonials