Automotive Sensors Market Expected to Behold a CAGR of 5.5% through 2031

 

Growing popularity of insulated packaging which aims to provide fresh food as per required convenience of hot or cold food. The rising demand for quality and fresh food is driving the purchase of insulated food and beverage carriers.

The constant rise in the working population and long work duration in the developing countries like China and India are promoting the scope of medium-sized insulate food and beverage carriers for keeping the food fresh and warm for longer periods.

The stainless steel insulated food and beverage carrier is on higher demand as they are considered to be safe, non-toxic and non-reactive and also useful for carrying acidic foods. The stainless steel insulated food and beverage carrier also limit the transfer of bacteria and odour. They also provide an excellent break resistance and food safety and are expected to prompt the growth of the insulated food and beverage carriers market over the forecast period.

Food Quality and Safety Driving the Demand for Insulated Food and Beverage Carriers

The growing awareness of the benefits of eating healthy food and constant rise in the working population are the key factors anticipated to drive the insulated food and beverage carriers market.

The changing lifestyle, rising disposable income, increasing health issues, and hectic work schedules have increased the online sales of food which remains a major factor projected to have a positive growth of the insulated food and beverage carriers market over the forecast period.

The number of internet users in India has reached 481 Mn by December 2017. This scenario is expected to bolster the growth of the e-commerce industry in the near future. The growth of the food delivery apps and the steady increase of ready to eat food consumers boost the sales of insulated food and beverages carriers.

Insulated Food and Beverage Carriers Market: Opportunities

The pandemic COVID-19 where all the restaurants have been shut down across the globe result in an immense rise of e-commerce consumers. The consumers ordered all the necessities online which brings an opportunity for insulated food and beverage carriers market. The working population is now planning to carry their food for safety purpose which creates a demand for small size or personal insulate food and beverage carriers.

With the new normal the restaurants and café have started the home delivery of the food products as the dine-in are still not being allowed to consumers in many cities over the globe. This provides an opportunity for the manufacturers of insulating food and beverage carriers to develop more innovative products to cater to the demand in the near future.

Insulated Food and Beverage Carriers Market: Key Participants

The key players in the global insulated food and beverage carriers market are:

·         Carlisle Food Service Products

·         Tokyo Plast International Ltd.

·         Zojirushi America Corporation

·         SKI Plastoware Private Limited

·         Hamilton Housewares Pvt. Ltd

·         Cello World

·         Ozeri Asia

·         Stanley Black & Decker, Inc.

·         Valor Industries

·         Newell Brands

·         Nayasa

·         Thermos L.L.C.

·         Easy Togo

·         Evans Manufacturing

·         Kate Spade

·         Bentgo

·         MIRA Brands

·         Others

The research report presents a comprehensive assessment of the insulated food and beverage carriers market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, thermos capacity, number of food storage containers, and distribution channel.

The report covers exhaustive analysis on

·         Insulated Food and Beverage Carriers Market Segments

·         Insulated Food and Beverage Carriers Market Dynamics

·         Insulated Food and Beverage Carriers Market Size

·         Insulated Food and Beverage Carriers Supply and Demand

·         Current Trends/Issues/Challenges pertaining to Insulated Food and Beverage Carriers Market

·         Competition Landscape and Emerging Market Participants in Insulated Food and Beverage Carriers Market

·         Technology related to Production/Processing of Insulated Food and Beverage Carriers

·         Value Chain Analysis of the Insulated Food and Beverage Carriers Market

Regional analysis includes

·         North America (U.S., Canada)

·         Latin America (Mexico, Brazil)

·         Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)

·         East Asia (China, Japan, South Korea)

·         South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)

·         Oceania (Australia, New Zealand)

·         Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

For more information:

https://www.futuremarketinsights.com/reports/automotive-sensors-market