PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1075604
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1075604
Global Insulated Lunch Box Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Insulated Lunch Box refers to a thermally insulated box that helps to retain its contents at the proper temperature by keeping cold foods cold and hot ones hot. The vacuum barrier are insulating layer in lunch boxes which serve to inhibit heat transfer thus keeping the product fresh. The increasing middle-class population, increasing school and college going population and strategic initiatives taken by the market players are some of the factors that has led the adoption of Insulated Lunch Box across the forecast period. For Instance: in December 2020, Vaya Life announced the launch of their new product, Tyffyn Flex, which is their new range of Microwaveable Vacuum Insulated Lunchboxes. Also, with the rising disposable income, the adoption & demand for Insulated Lunch Box is likely to increase the market growth during the forecast period. However, availability of substitutes impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Insulated Lunch Box Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the significant region across the world in terms of market share owing to home-cooked meal favored as a lunch option by a huge number of employed professionals and students since it saves money and helps to avoid junk food, which may be harmful to one's health. The low income of unskilled employees in this region boosts product consumption because the bulk of them choose to bring their lunch boxes with them to save money. Whereas, Europe and North America are anticipated to exhibit highest growth rate over the forecast period 2022-2028 owing to the presence of large working population.
Major market player included in this report are:
Tiger Corporation
Zojirushi America Corporation
Bentology
Vaya
My Borosi
Hamilton Housewares Pvt. Ltd.
Pacific Market International
Lock and Lock
Signoraware
Guangzhou Zhenxing Industrial
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Use:
Steel
Plastics
Aluminium
Others
By Application:
Schools
Workplace
Others
By Sales Channel:
Retail Stores
E-Commerce Stores
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Insulated Lunch Box Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
List of figures