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INDUSTRIAL | Basic Materials
daviscore.com

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Acquired | Acquired

About Davis Core & Pad

Davis Core & Pad is an EPS foam shape molder. The Company’s packaging products are used in a wide variety of end-markets including consumer perishables, IT products and office furniture.On November 21, 2019, Davis Core & Pad was acquired by Drew Foam. The terms of the agreement were not disclosed.

Davis Core & Pad Headquarter Location

1140 Davis Rd SW

Cave Spring, Georgia, 30124,

United States

Latest Davis Core & Pad News

Insulated Shipping Packaging Market size to reach approximately USD 3 Billion by 2026 | Market Research Future (MRFR)

Mar 4, 2021

Key companies profiled are Cryopak (US), Amcor PLC (Australia), Davis Core & Pad Company (US), DuPont (US), DS Smith PLC (UK), Innovative Energy, Inc. (US), Providence Packaging (US), Marko Foam Products, Inc. (US), Sonoco Products Company (US), Thermal Packaging Solutions (UK), The Wool Packaging Company Limited (UK), Exeltainer (Spain), and Insulated Products Corporation (US), among others. | Source: Market Research Future Pune, March 04, 2021 (GLOBE NEWSWIRE) -- The insulated shipping packaging market is growing promisingly, witnessing the rising demand for developing temperature profiles for medicinal products in distribution. A systematic evaluating process for the distribution environment is used to develop a statistically relevant temperature profile that can meet regulatory, logistics, and performance requirements. Insulated shipping packaging plays a causal role in minimizing the effect of variable temperature and protecting the product from physical damage, maintaining product specifications by keeping them warm, frozen, or refrigerated. Growing uses of insulated packaging that can preserve the cold chain for shipping temperature-sensitive products such as food & beverage, chemical, and personal care stimulate the insulated shipping packaging market size. Additionally, increasing investments for product development impact market growth. According to Market Research Future (MRFR), the global insulated shipping packaging market is expected to touch a valuation of approximately USD 3BN by 2026, growing at a 5% CAGR during the forecast period (2020-2026). COVID-19 Impact: The COVID-19 outbreak severely hit the insulated shipping packaging market industry, causing huge revenue loss to end-use industries like food & beverages and eCommerce. Also, the coronavirus-driven lockdown halted the production of several key raw materials in the global market, which in turn spiked the product prices and lowered the demand for insulated packaging. Manufacturers faced problems ranging from obtaining raw materials required for the production and deliver end products to attract workers from quarantines. However, the insulated shipping packaging market is rapidly returning to normal, witnessing the steadily increasing demand, especially from the vaccines and biologics sectors. High consumption of glass vials due to rising production activities, storing, and distributing COVID-19 vaccines is estimated to offer robust market opportunities. Get Free Sample PDF Brochure: Industry Trends: The growing number of temperature-sensitive products and the need for temperature-controlled packaging impact the insulated shipping packaging market. Quality demands increase as more sensitive products face logistics complexity and a greatly expanded risk of product damage. The distribution range expands as products move further and through more climatic zones. Besides, other major industry trends include high awareness of temperature-controlled requirements, increasing complex local, regional, and international connections that need a broad range of transport modes, and the need to optimize the total cost of ownership (TCO) led by relentless competition and margin pressures. More sustainable and functional packaging protects temperature-sensitive drugs. Proper storage and transport temperatures for drugs, especially biologics, are essential to protect product efficacy and patient safety. As strong growth continues across the pharmaceutical industry globally, the sub-category of temperature-controlled products is surging at twice the rate of the overall industry. Segmentation: The insulated shipping packaging market analysis is segmented into product, application, material, and region. The product segment is sub-segmented into boxes and containers. Of these, the containers product segment holds the largest market share, witnessing the rising uses due to the increasing climatic changes and health issues. The segment growth is estimated to register a higher CAGR during the forecast period. The application segment is sub-segmented into food & beverages, industrial goods, personal care, and others. Among these, the food & beverage segment holds the largest market share, witnessing the rising uses due to rising demand for packed food led by the increasing disposable income, changing lifestyle, and overall population growth. The segment growth is estimated to register a higher CAGR during the forecast period. Browse In-depth Market Research Report (120 pages) on Insulated Shipping Packaging: The material segment is sub-segmented into plastic, wood, glass, and others (steel and timber). Among these, plastic packaging holds the largest market share, witnessing the rising uses of control pressure and temperature range. The segment growth is estimated to register a higher CAGR during the forecast period. On the other hand, glass packaging is used for cosmetics, vaccines, and beverages to maintain properties and the overall quality of these products. Regional Segmentation: The Asia Pacific region has consistently been dominating the global insulated shipping packaging market. Factors such as the growing manufacturing sector and increasing e-commerce businesses in the region drive market growth. Moreover, vast investments for developments and upgrades of packaging technology increase the region's insulated packaging market share. China and India are leading markets for insulated shipping packaging solutions in the region. North America holds the second position in the global insulated shipping packaging market. Factors such as the growing demand from the pharmaceutical and medicine sectors drive the market growth. Additionally, the burgeoning eCommerce sector drives the demand for insulators. The US, with its growing biopharma sector, dominates the regional market. The European insulated shipping packaging market has emerged as a profitable market globally. Increased demand from the pharmaceutical industrial goods and personal care sectors increases the region's insulated packaging market share. Furthermore, the vast adoption of insulated packaging solutions propels the market growth. Share Your Queries: Competitive Analysis: The insulated shipping packaging market is witnessing several strategic approaches, such as collaboration, mergers & acquisitions, expansion, and product launches. Leading industry players make strategic investments in research and development activities and foster their expansion plans. For instance, recently, on Oct. 01, 2020, Packaging Technology Group, Inc (PTG), a leading thermal packaging solutions provider, launched its off-the-shelf line of pre-qualified shippers, including an earth-friendly alternative for the biopharmaceutical and life sciences sector, responding to the global pandemic. The new packaging line is pre-qualified 2-8°C shipping solutions for vaccines and biologics. As pharmaceutical manufacturers race to respond to the global health crisis with a vaccine, the need to protect any potential vaccine's temperature tolerance remains a priority. According to the WHO (World Health Organization), up to 50% of vaccines are wasted each year, often due to inadequate temperature control in the supply chain. Any vaccine must maintain its required temperature throughout the supply chain. List of the Key players profiled in the Insulated Shipping Packaging Market Research Report are Cryopak (US)  DuPont (US) Sonoco Products Company (US)  Exeltainer (Spain) Discover More Research Reports on Packaging & Transport Industry , By Market Research Future Browse Related Reports: Global Recyclable Packaging Market Research Report: Information by Material Type (Glass, Paper, Plastic, Tinplate, Wood, Aluminum, Biodegradable Plastic and Recycled Papers), Packaging Type (Paper & Cardboard, Void Fill Packing, Bubble Wrap and Pouches & Envelopes), End-Use Industry (Healthcare Industry, Personal Care & Cosmetics Industry and Food & Beverages Industry) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025 Global Fiber Drum Market Research Report: Information by Closure (Metal Closure, Plastic Closure and Fiber/Cardboard Closure), Capacity (Up to 25 Gallons, 26–50 Gallons, 51–75 Gallons and Above 75 Gallons), End-Use Industry (Chemical, Food & Beverage, Pharmaceuticals, Building and Construction and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025 Global Produce Packaging Market Research Report: Information by Packaging Type (Corrugated Boxes, Bags and Liners, Plastic Containers and Trays), Application (Vegetables, Fruits and Salads), End User (Growers/Shippers, Re-Packers and Retail Stores) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025 Global Pallet Racking Market Research Report: Information by System (Conventional, Mobile Racking, Shuttle Racking and Hybrid/Customized Racking), Racking System Type (Cantilever Racking, Selective Racking, Push Back Racking, Drive-In Racking, Pallet Flow Racking, Carton Flow Racking and others), Frame Load Capacity (Up to 5 Ton, 5–15 Ton and Above 15 Ton), End-Use Industry (Automotive, Food & Beverage, Retail, Manufacturing, Warehouse & Logistics and others) and Region (North America, Europe, Asia-Pacific and South America) - Forecast till 2025 Global Dry Bulk Shipping Market : Information by Type (Capesize, Panama, Supramax and Handysize), Application (Iron Ore, Coal, Grains, Bauxite/Alumina and Phosphate Rock) and Geography - Forecast till 2025 Global Temperature-Controlled Packaging for Pharmaceutical Market : By Product (Insulated Shippers and Insulated Containers), By Type (Active Systems and Passive Systems), By Temperature Range (Up to 10°C, 10°C to 20°C and More than 20°C), By Payload Capacity (Up to 10 L, 10-20 L, 20-40 L, 40-150 L and More than 150 L), By Type of Use (Single Use and Reusable), By End-Use Industry (Pharmaceutical and Clinical Trial) and By Region - Forecast Till 2023 Global Plastic Rigid IBC Market Research Report, By Material (High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Linear Low Density Polyethylene (LLDPE), Polyvinyl Chloride (PVC), and Others), Capacity (Up to 500 liters, 500 to 1000 liters, 1000 to 1500 liters, 1500 to 2000 liters, and above 2000 liters), End Use (Industrial Chemicals, Petroleum & Lubricants, Food & Beverages, Paints Inks Dyes, Pharmaceuticals, and Others) — Forecast till 2023 Returnable Packaging Market By Material (Plastic, Metal, Wood and Others), Product Type (Pallets, Crates, Intermediate Bulk Container (IBC), Dunnage, Drums & Barrels, Bottles and Others), End Use (Automotive, Food & Beverages, Pharmaceuticals & Healthcare, and Consumer Goods) - Global Forecast till 2023 Global Agricultural Packaging Market Research Report— by Material (Plastic, Paper & Paperboard, Metal, Glass), Product (Pouches, Bags, Bottles, Trays), Barrier Strength (High, Medium, Low), Application (Chemical Pesticides, Chemical Fertilizers, Biologicals) and Region — Forecast till 2023 Global Collapsible Metal Tubes Market Research Report by Product Type (Squeeze Tube, Twist Tube, Others), by Closure Type (Standup Cap, Nozzle Cap, Fez Cap, Flip Top Cap, Others), by Capacity (Less than 20 ml, 20 to 100 ml, More than 100 ml), by End-use (Cosmetics, Industrial, Pharmaceutical, Food, Homecare & Personal Care, Others), and Region - Forecast to 2023 About Market Research Future: Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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