The packaging industry continues to be a hotbed of patient innovation. Activity is driven by smart packaging, sustainability, durability, and lightweight, and growing importance of technologies such as RFID technology, blockchain, augmented reality, and circular economy. In the last three years alone, there have been over 18,000 patents filed and granted in the packaging industry, according to GlobalData’s report on Environmental sustainability in packaging: thermal-insulated containers. Buy the report here.
According to GlobalData’s Technology Foresights, which uses over 83,000 patents to analyze innovation intensity for the packaging industry, there are 30+ innovation areas that will shape the future of the industry.
Thermal-insulated containers is a key innovation area in environmental sustainability
Thermal-insulated containers are packaging containers designed to store and transport items that require temperature regulation, such as automotive parts or food products. These containers are typically made of thermo-plastic material and are equipped with sealing systems to prevent the entry of humidity and liquids. They are designed with specific structural characteristics that reduce material usage while maintaining mechanical resistance. Thermal-insulated containers also feature pressure relief valves, hinged flaps, stacking means, and tamper-evident mechanisms for secure and efficient storage.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 395+ companies, spanning technology vendors, established packaging companies, and up-and-coming start-ups engaged in the development and application of thermal-insulated containers.
Key players in thermal-insulated containers – a disruptive innovation in the packaging industry
‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to thermal-insulated containers
Source: GlobalData Patent Analytics
Berry Global Group is one of the leading patent filers in thermal-insulated containers. Some other key patent filers in the space include Yeti, Crown, and Silgan. Knauf Industries, one of the leading patent filers, recently acquired Overath Group, a German company, involved in manufacturing of thermal insulated containers. This acquisition will unlock new growth opportunities for both the companies.
In terms of application diversity, Berry Global Group. leads the pack. Yeti and Silgan stood in the second and third positions respectively. By means of geographic reach, Seda held the top position, followed by Reckitt Benckiser Group and Unilever.
Thermal-insulated containers will find increased application across the food industry in the coming years. Increasing food delivery services will generate a higher demand for these products, which help keep food at the desired temperature during transit, ensuring that customers receive their orders hot or cold, as desired.
To further understand the key themes and technologies disrupting the packaging industry, access GlobalData’s latest thematic research report on ESG (Environmental, Social, and Governance) in Packaging.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.