Global Packaging Foams Market is
projected to reach USD 17.88 Billion by 2024, at a CAGR of over 6% from 2019 to
2024 owing to increasing demand for packaging foams from food service and
growing demand for packaging materials in the e-commerce industry. Based on
type, the market has been categorised into Flexible Foam and Rigid Foam. In
2018, the flexible segment of the packaging foams market is projected to grow
at the highest CAGR between 2019 and 2024 since it is often used for extremely
sensitive products such as fruits, electronic parts, computer parts, and
jewellery. APAC region dominated the market in 2018 and is expected to maintain
its dominance over the next five years as well owing to high economic growth,
growing population, growing e-commerce sector and growing food industry. Key
players operating in the packaging foams market include BASF, Sealed Air
Corporation, Zotefoams Plc., Armacell, among others.
Years
considered for this report:
Historical Year : 2014-2017
Base Year : 2018
Estimated : 2019
Forecast : 2020-2024
Objective of the
Study:
- To analyse and forecast the market size of Packaging
Foams Market, in terms of value and volume.
- To classify and forecast Global Packaging
Foams Market based type, service type and regional distribution.
- To identify drivers and challenges for Global Packaging
Foams Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Global
Packaging Foams Market.
- To conduct the pricing analysis for Packaging
Foams Market.
- To identify and analyse the profile of leading
players involved in the manufacturing of Global Packaging Foams Market.
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Some of the leading players in the
Global Packaging Foams Market are Armacell LLC, ACH Foam Technologies, Synthos
S.A., Total, Zotefoams PLC, ACH Foam Technologies, Arkema, BASF SE, Rogers
Corporation, Sealed Air etc.
TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of manufacturers across the globe. Subsequently,
TechSci Research conducted primary research surveys with the identified
companies. While interviewing, the respondents were also enquired about their
competitors. Through this technique, TechSci Research could include the suppliers
which could not be identified due to the limitations of secondary research.
TechSci Research analysed the service offerings, distribution channels and
presence of all major collaboration manufacturer across the globe.
TechSci Research calculated the market size of Global Packaging Foams Market using a bottom-up approach, where data for various end user
industries and its application across various product types were recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through analysing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
website, news articles, press releases, company annual reports, investor
presentations and financial reports were also used by TechSci Research.
Key Target
Audience:
- Packaging Foams Manufacturers
- Traders, Distributors, and
Suppliers
- End-Users
- Raw Material Suppliers
- Industry associations and
experts
- Research organizations and
consulting companies.
- Research Institutes
- Industry associations
- Market research and
consulting firm.
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as collaboration manufacturer and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, Global Packaging Foams Market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Market, By Type:
- Market, By Service
Type:
- Food Service
- Protective Packaging
- Market, by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
- France
- Germany
- United
Kingdom
- Italy
- Spain
- North America
- United
States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South
Africa
- Saudi
Arabia
- UAE
- Qatar
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Packaging Foams Market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according the company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and
indirect sales channel.
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at sales@techsciresearch.com