Packaging Foams Market Size is expected to reach $15970 Million by 2027

The global Packaging Foams market size is projected to reach US$ 15970 million by 2027, from US$ 11980 million in 2020, at a CAGR of 4.9% during 2021-2027. One of the most commonly used packaging foams is polyurethane foams. The increasing demand for packaging materials in the e-commerce industry in emerging economies such as Russia, China, India, and others will boost the application of polyurethane foams for packaging applications.

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Based on type, polyurethane (PU) & Polystyrene (PS) segment are expected to be most lucrative during the forecast period. The growing need for packaging materials in the e-commerce business in emerging nations like Russia, China, India, and others would promote the use of polyurethane foams in packaging. Lightweight construction, excellent thermal insulation, and a quick and cost-effective building method are just a few of the benefits of PU-cored foams. On the other hand, flotation devices, insulation, egg cartons, sandwiches, and hamburger boxes are all made with Polystyrene (PS).

Based on region, Asia-Pacific is expected to develop at the fastest CAGR. This trend may largely be credited to the Asia-Pacific region's rapid economic growth, which has been accompanied by an increase in the region's e-commerce activity.

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The global Packaging Foams market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Packaging Foams market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2016 to 2021. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Packaging Foams Market by Type

o Polystyrene Foam
o Polyurethane Foam
o Polyolefin Foam
o Others

Packaging Foams Market by End-User/Application

o Food Service
o Protective Packaging

Major Key Players in the Packaging Foams Market

o ACH Foam Technologies
o Arkema
o Armacell
o BASF
o Borealis
o Foampartner
o JSP
o Kaneka
o Recticel
o Rogers Foam
o Sealed Air
o Synthos
o Total
o Zotefoams

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