Global Foam Protective Packaging Market to Reach $5.7 Billion by 2030, Driven by Urethane Segment


Dublin, Oct. 30, 2023 (GLOBE NEWSWIRE) -- The "Foam Protective Packaging: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Foam Protective Packaging estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$5.7 Billion by 2030, growing at a CAGR of 3% over the analysis period 2022-2030.

Urethane, one of the segments analyzed in the report, is projected to record 3.2% CAGR and reach US$2.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polystyrene segment is readjusted to a revised 2.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 2.7% CAGR

The Foam Protective Packaging market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 2.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 2.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Select Competitors (Total 12 Featured) -

  • Armstrong Brands, Inc.
  • DRB Packaging
  • Plastifoam Company
  • Pregis Corporation
  • Rogers Foam Corporation
  • Sealed Air Corporation
  • Sonoco Products Company
  • Tucson Container Corp (TCC)
  • Volk Packaging Corporation
  • Wisconsin Foam Products

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and the publisher's Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages258
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$4.5 Billion
Forecasted Market Value (USD) by 2030$5.7 Billion
Compound Annual Growth Rate3.0%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Foam Protective Packaging - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/1srxzt

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Attachment

 
Global Market for Foam Protective Packaging

Contact Data