Global Foam Protective Packaging Market Growth 2023-2029
Foam Protective Packaging is designed and constructed to protect the goods from vibration or shock damage. Products include types of boxes or storage containers, packing materials, liners, and spacers.
LPI (LP Information)' newest research report, the “Foam Protective Packaging Industry Forecast” looks at past sales and reviews total world Foam Protective Packaging sales in 2022, providing a comprehensive analysis by region and market sector of projected Foam Protective Packaging sales for 2023 through 2029. With Foam Protective Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Foam Protective Packaging industry.
This Insight Report provides a comprehensive analysis of the global Foam Protective Packaging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Foam Protective Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Foam Protective Packaging market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Foam Protective Packaging and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Foam Protective Packaging.
The global Foam Protective Packaging market size is projected to grow from US$ 5026.2 million in 2022 to US$ 6406.5 million in 2029; it is expected to grow at a CAGR of 6406.5 from 2023 to 2029.
Global Foam Protective Packaging key players include Sonoco Products Company, Sealed Air Corporation, Haijing, Woodbridge, Recticel, etc. Global top five manufacturers hold a share over 10%.
China is the largest market, with a share about 35%, followed by Europe and North America, both have a share about 50 percent.
In terms of product, Expanded Polystyrene is the largest segment, with a share about 35%. And in terms of application, the largest application is White Goods and Electronics, followed by Pharmaceutical & Medical Devices, Automotive and Auto Components, Daily Consumer Goods, Food, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Foam Protective Packaging market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Expanded Polystyrene
Polyurethane Foam
Expanded Polyethylene
Expanded Polypropylene
Others
Segmentation by application
White Goods and Electronics
Pharmaceutical and Medical Devices
Automotive and Auto Components
Daily Consumer Goods
Food
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sonoco Products Company
Sealed Air Corporation
Pregis Corporation
Atlas Molded Products
Rogers Foam Corporation
Plymouth Foam
Foam Fabricators
Tucson Container Corporation
Plastifoam Company
Wisconsin Foam Products
Polyfoam Corporation
Woodbridge
Recticel
Jiuding Group
Speed Foam
Teamway
Haijing
Key Questions Addressed in this Report
What is the 10-year outlook for the global Foam Protective Packaging market?
What factors are driving Foam Protective Packaging market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Foam Protective Packaging market opportunities vary by end market size?
How does Foam Protective Packaging break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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