Title: Packaging Foam Market – Forecast (2021-2026)
1Packaging Foam Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
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- Packaging Foam Market size is forecast to reach
US 28.9 billion by 2026, after growing at a CAGR
of 6.2 during 2021-2026. - The Foam is an object that provides cushioning
support to protect breakable items during
shipment. Polyethylene foam is an engineering
plastic material mostly used for the packaging of
fragile goods due to its excellent vibration
resistance and insulation properties. - The increasing globalization activities along
with growing opportunities in the manufacturing,
and the industrial sector are driving the market
for packaging foam. - The increasing demand for lightweight products in
the transport sector is increasing demand for
polypropylene foam.
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- Key Takeaways
- The Asia Pacific is expected to register a CAGR
of 7.4 during the forecast period (2021-2026)
due to the rise of the e-commerce industry of
Asian countries such as China, India, Japan, and
South Korea is driving the market demand for
Packaging Foam. - Increasing demand for polypropylene is estimated
to grow market demand in the forecast period.
Superior barrier properties, high tensile
strength, better surface finish, and low cost
allows polypropylene to be a unique product for
numerous packaging applications. - Manufacturers are launching innovative pack
formats, sizes, and functionality in response to
the consumer demand for convenience.
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Packaging Foam Market Segment Analysis - By
Geography The Asia Pacific region holds the
largest share of 39 in 2020 and is expected to
grow at a rapid pace during the forecast period.
The rapid growth in population and the growing
packaging industry is one of the major factors
driving the regional market. Abundant raw
material sources, increasing investments in
infrastructure in China, India, and Brazil have
also boosted the market growth. According to
Invest India, The Construction Industry in India
is expected to reach USD 1.4 trillion by 2025 and
the Real Estate Industry in India is expected to
reach USD1 Trillion by 2030 and contributes to
13 of GDP.
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- Packaging Foam Industry Outlook
- Armacell
- JSP
- Zotefoams Plc.
- BASF SE
- Sealed Air Corporation
- Synthos SA
- Rogers Corporation
- Kaneka Corporation
- Arkema
- Foampartner Group
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Packaging Foam Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Packaging-Fo
ams-Market-Research-500351
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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