Packaging Foams Market Synopsis, Highlights, Key Findings, Major Companies Analysis and Forecast to 2023

Foam packaging is the process of combining gas in liquid and solid. Foam packaging is generally used in electronics, toys and others. They can be used for multi-purpose packaging repeatedly. It is least expensive and is used to protect the products.

One of the factors driving the growth of packaging foams market is the increase in technology developments in packaging, which have resulted in increasing usage of foams. Advancement in techniques in transportation so as to reduce the cost of transportation have also resulted in the growth of this market.

The Global Packaging Foams Market is expected to account for USD 17.3 billion by 2023 with 6% CAGR.

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Key Players

The key players of Global Packaging Foams Market are Armacell (Germany), JSP (Japan), Zotefoams Plc. (U.K.), BASF SE (Germany), Sealed Air Corporation (U.S.), Synthos SA (Poland), Rogers Corporation (U.S.), Kaneka Corporation (Japan), Arkema (France), and Foampartner Group (Switzerland) and others.

Regional Analysis of Packaging Foams Market

Asia-Pacific region is expected to witness the highest growth during the forecast period because the raw materials are easily available in this region. The increase in the foreign investment in Asia-Pacific have also resulted in the growth of this region. The increase in the online shopping in countries such as China, India, Indonesia, and Thailand have also resulted in the growth of packaging foams market. The low cost in production and ability to carter the lower market add to the growth of this market.

Market Scenario:

The flexible form of foam packaging is expected to witness high growth among the product type segment during the forecast period. The ability of flexible foam packaging in the protection of fragile, lightweight and shock sensitive devices makes it ideal to be used in the packaging of medical and electronic devices. Moreover, the flexible form can be moulded in any shape and is suitable for packaging wide range of products, hence, adding to the growth of the segment.

Market Segmentation:

The global packaging foam market is segmented into product type, material type, and end-user. On the basis of the product type, the market is segregated into flexible foam, and rigid foam. The market by material type is further categorized into Polystyrene (PS), Poly Vinyl Chloride (PVC), Polyutherene (PU), and others. The market by end-user industry is bifurcated into building and construction, automotive, food and beverage, homecare and personal care, others

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Table Of Contents

1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
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List of Tables

Table 1 Global Packaging Foams Market, by Structure
Table 2 Global Packaging Foams Market, by Material
Table 3 Global Packaging Foams Market, by Service
Table 4 Global Packaging Foams Market, by Regions
Table 5 North America Packaging Foams Market, by Structure
Table 6 North America Packaging Foams Market, by Material
Table 7 North America Packaging Foams Market, by Service
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List of Figures

Figure 1 Research Structure
Figure 2 Global Packaging Foams Market: by Structure (%)
Figure 3 Global Packaging Foams Market: by Material (%)
Figure 4 Global Packaging Foams Market: by Service (%)
Figure 5 Global Packaging Foams Market: by Region
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