The global foam packaging market size is expected to reach around US$ 15.5 Bn by 2026, growing at a CAGR of around 3.9% over the forecast period 2019 to 2026.
Foam is manufactured by trapping gas bubbles in solid or liquid substance and made up of various materials such as polyethylene, polyurethane, and polystyrene. It is widely used for delicate electronics or glass and mirrors products to provide comfort and support. Furthermore, it is also used to protect the food & beverages, pharmaceutical products, and electronic medical devices from moisture, oxygen, and various other environmental factors that may impact products negatively during storage and shipping.
Market Dynamics
Growing e-commerce sector around the world expected to boost the demand for foam for consumer and electrical & electronics packaging applications. Then, there is also a rise in demand from the food and beverage industry for packaging foam. With rising income, people don’t just order products within their own countries but also from abroad and as this demand rises, better logistics and packaging becomes imperative, propelling the growth of the foam packaging market.
Rising disposable income and living standards in low and middle-income countries such as India, Malaysia, Indonesia, and countries in the Middle East region are responsible for the growth of the automotive sector in the regions. Foam packaging is utilized for the safer shipping of vehicle parts and other equipment in the automotive industry. An increase in automotive production is anticipated to propel the demand for foam packaging during the forecast period. Furthermore, market players are focusing on R&D to improve their products to enhance their quality and widen the applications in various fields.
Based on the type of material, the market has been segmented into polystyrene, polyethylene, EPS, polyurethane, and others. In 2018, polyurethane accounted for the largest share of the market due to the wide range of applications in various industries such as personal care, electronics, and consumer packaging. The low cost of polyurethane is another key reason for large usage in foam packaging. About 70 to 80% of commercial foam packaging materials are made from polyurethane, polystyrene, and polyvinyl chloride. Apart from packaging the foam is utilized for cushioning, mattress, insulation, and many other applications. Polystyrene foam generates a lot of waste as it is extensively used in the food & beverages industry to manufacture trays and cups due to its lightweight. Moreover, it is not degradable and may break into small pieces; hence it may hamper the market growth.
Based on the industry, the market is segmented into food & beverages, medical & pharmaceutical, aerospace & defense, electrical & electronics, automotive, consumer packaging, personal care, and others. The automotive industry held the highest share of the market in 2018 due to the high demand for vehicles from China and India. However, the electrical & electronics industry observed the fastest growth during the forecast period. This can be attributed to the introduction of new technology, reduced product prices in emerging countries, and high demand across the world. The personal care industry is also observing significant growth during the forecast period.
Geographically, the global market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America accounted for the maximum share of the market in 2018. However, Asia Pacific is anticipated to boost the market growth at the fastest rate. This can be attributed to growing disposable income and improving living standards in emerging countries in the region such as India, China, Malaysia, and Indonesia. Growth in the pharmaceutical, medical devices, automotive, and e-commerce industry in the Asia Pacific region is anticipated to observe the significant growth during the forecast period.
The market research study on “Foam Packaging Market – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insight on the global foam packaging market entailing insights on its different market segments. Market dynamics with drivers, restraints, and opportunities with their impact are provided in the report. The report provides insights into the global foam packaging market, its type of material, industry, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global foam packaging market size and segment markets by type of material, industry, and geography along with the information on companies operating in the market. The foam packaging market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market sizes for different segments have been covered under the scope of the report.
Key players operating in the foam packaging market are American Foam Corporation, Armacell LLC, Atlas Roofing Corporation, BASF SE, Clark Foam Products Corporation, Foam Packaging Specialties, Foam Partner, Greiner Multi Foam, SABIC, Sealed Air Corporation, Smurfit Kappa, Storopack, and UFP Technologies. Major industry players are adopting various strategies to expand their technical as well as geographical presence. Acquisition, mergers, product launch, and collaborations with pharmaceutical, automotive, and other industries were some of the activities that were carried out by companies for the last few years.
Market Segmentation
By Type of Material
- Polystyrene
- Polyethylene
- EPS
- Polyurethane
- Others
By Industry
- Food & beverages
- Medical & Pharmaceutical
- Aerospace & Defense
- Electrical & Electronics
- Automotive
- Consumer Packaging
- Personal Care
- Others
By Geography
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Foam Packaging
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Foam Packaging Market By Type of Material
1.2.2.1. Global Foam Packaging Market Revenue and Growth Rate Comparison By Type of Material (2015-2026)
1.2.2.2. Global Foam Packaging Market Revenue Share By Type of Material in 2018
1.2.2.3. Polystyrene
1.2.2.4. Polyethylene
1.2.2.5. EPS
1.2.2.6. Polyurethane
1.2.2.7. Others
1.2.3. Foam Packaging Market By Industry
1.2.3.1. Global Foam Packaging Market Revenue and Growth Rate Comparison By Industry (2015-2026)
1.2.3.2. Global Foam Packaging Market Revenue Share By Industry in 2018
1.2.3.3. Food & beverages
1.2.3.4. Medical & Pharmaceutical
1.2.3.5. Aerospace & Defense
1.2.3.6. Electrical & Electronics
1.2.3.7. Automotive
1.2.3.8. Consumer Packaging
1.2.3.9. Personal Care
1.2.3.10. Others
1.2.4. Foam Packaging Market By Geography
1.2.4.1. Global Foam Packaging Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Foam Packaging Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Foam Packaging Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Foam Packaging Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Foam Packaging Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Foam Packaging Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Foam Packaging Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Foam Packaging Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Foam Packaging Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Foam Packaging Major Manufacturers in 2018
CHAPTER 4. FOAM PACKAGING MARKET BY TYPE OF MATERIAL
4.1. Global Foam Packaging Revenue By Type of Material
4.2. Polystyrene
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Polyethylene
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. EPS
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Polyurethane
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Others
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. FOAM PACKAGING MARKET BY INDUSTRY
5.1. Global Foam Packaging Revenue By Industry
5.2. Food & beverages
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Medical & Pharmaceutical
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Aerospace & Defense
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Electrical & Electronics
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Automotive
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Consumer Packaging
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.8. Personal Care
5.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.9. Others
5.9.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.9.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. NORTH AMERICA FOAM PACKAGING MARKET BY COUNTRY
6.1. North America Foam Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Foam Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Foam Packaging Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
CHAPTER 7. EUROPE FOAM PACKAGING MARKET BY COUNTRY
7.1. Europe Foam Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Foam Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC FOAM PACKAGING MARKET BY COUNTRY
8.1. Asia-Pacific Foam Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Foam Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
CHAPTER 9. LATIN AMERICA FOAM PACKAGING MARKET BY COUNTRY
9.1. Latin America Foam Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Foam Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA FOAM PACKAGING MARKET BY COUNTRY
10.1. Middle East & Africa Foam Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East & Africa Foam Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Type of Material, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Industry, 2015 - 2026 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. American Foam Corporation
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Armacell LLC
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Clark Foam Products Corporation
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Foam Packaging Specialties
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Foam Partner
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Greiner Multi Foam
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. SABIC
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Sealed Air Corporation
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Smurfit Kappa
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies
11.10. Storopack
11.10.1. Company Snapshot
11.10.2. Overview
11.10.3. Financial Overview
11.10.4. Product Portfolio
11.10.5. Key Developments
11.10.6. Strategies
11.11. UFP Technologies
11.11.1. Company Snapshot
11.11.2. Overview
11.11.3. Financial Overview
11.11.4. Product Portfolio
11.11.5. Key Developments
11.11.6. Strategies
11.12. Others
11.12.1. Company Snapshot
11.12.2. Overview
11.12.3. Financial Overview
11.12.4. Product Portfolio
11.12.5. Key Developments
11.12.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope
