Lucintel Forecasts the Global Packaging Foam Market to Reach $24.6 billion by 2030
Lucintel Forecasts the Global Packaging Foam Market to Reach $24.6 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global packaging foam market looks promising with opportunities in the food packaging and industrial packaging markets. The global packaging foam market is expected to reach an estimated $24.6 billion by 2030 from $17.5 billion in 2024 at a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing demand for protective packaging in e-commerce, increasing focus on sustainable and eco-friendly materials, and rising applications of these foams in the automotive and construction industries.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in packaging foam market to 2030 by material (polystyrene, polyurethane, polyolefin, and others), structure (flexible and rigid), application (food packaging, industrial packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that polyurethane will remain the largest segment over the forecast period due to its widespread use in building and construction activities.
Within this market, industrial packaging will remain the larger segment due to increasing demand for premium packaging of industrial components.
Download sample by clicking on packaging foam market
APAC will remain the largest region over the forecast period due to significant demand for packaging foam from various end use industries, such as food & beverage, automotive, electronics, personal care, and pharmaceutical in the region.
Armacell, Atlas Roofing, Borealis, Drew Foam, Foamcraft, Totalenergies, Huntington Solutions, Recticel, Sealed Air, and Williams Foam are the major suppliers in the packaging foam market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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