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Global Insulated Storage Vessel Market 2018-2022 | Increase in Availability of Private Label Brands to Boost Growth | Technavio

January 3, 2019

LONDON--(BUSINESS WIRE)--Jan 3, 2019--The global insulated storage vessel market is expected to post a CAGR of close to 5% during the period 2018-2022, according to the latest market research report by .

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Technavio forecasts the global insulated storage vessel market to post a CAGR of close to 5% by 2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the growing penetration of organized retail. The emerging retail industry, particularly in developing countries such as Brazil, China, and India, is expected to help the global insulated storage vessel market grow at a significant rate during the forecast period. The growing presence of hypermarkets, supermarkets, and specialty stores provide convenience and comfort to consumers. Large organized stores stock multiple designs and a wide range of insulated storage vessels under one roof, providing consumers with more options. The entry of global players and the availability of wide assortments of products will contribute to sales through the organized retail sector. The penetration of organized retail will enable consumers to compare the price, quality, and design of products, which will aid in their purchase decisions. Moreover, the organized retail sector in urban areas ensures the easy availability of quality products and international brands.

This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the increase in the availability of private label brands as one of the key emerging trends in the global insulated storage vessel market:

Global insulated storage vessel market: Increase in availability of private label brands

The number of private label brands in the global insulated storage vessel market is increasing, posing competition to global and regional vendors. Private labels are undercutting the retail prices of branded labels, and over time, the quality of products offered by private labels has also been rising. The popularity of private labels has been growing in developed markets such as the US, Germany, Japan, and the UK, effectively limiting the growth of the major brands. The entry of these private labels into the market, however, enables consumers to purchase insulated storage vessels at relatively lower prices. The growing presence of these brands is expected to positively influence the market, especially in terms of garnering consumer interest, during the forecast period.

“Apart from the increase in availability of private label brands, some other major factors boosting the growth of the global insulated storage vessel market, during the forecast period are the increasing outdoor sporting activities and the increasing M&A activities,” says a senior analyst at Technavio.

Global insulated storage vessel market: Segmentation analysis

This market research report segments the global insulated storage vessel market by geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of over 37%, followed by EMEA and APAC respectively. However, during the forecast period, the APAC region is expected to register the highest incremental growth of close to 1%.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20190103005379/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA SOUTH AMERICA AFRICA MIDDLE EAST

INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES RETAIL OTHER RETAIL

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/03/2019 08:52 AM/DISC: 01/03/2019 08:52 AM

http://www.businesswire.com/news/home/20190103005379/en

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