The global cold chain packaging materials market is poised for significant growth, projected to reach US$ 15.7 billion by 2032 from an estimated US$ 9.5 billion in 2025, registering a CAGR of 7.6% during the forecast period. This growth is largely driven by the increasing demand from the pharmaceutical sector, expansion of the frozen food industry, and a shift towards sustainable packaging solutions.
Among various product types, paper and paperboard packaging emerges as the leading segment, accounting for 42% market share in 2025, due to its cost-effectiveness, recyclability, and eco-friendly profile. Geographically, Europe dominates, capturing over 30% revenue share in 2025, fueled by stringent regulatory frameworks, advanced food logistics systems, and a strong pharmaceutical manufacturing base.
