Global Foam Protective Packaging Market Will Grow at a CAGR 4.2% and Reach USD 5.64 Billion by 2023, from USD 4.41 Billion in 2017
New Global Foam Protective Packaging Consumption Market 2023 Report Covers market forecast and top Companies like Sonoco Products Company, Sealed Air Corporation, Pregis Corporation, ACH Foam Technologies, Rogers Foam Corporation and others.
Lewes, DE -- (SBWire) -- 12/27/2018 --Global Foam Protective Packaging market will register a 4.2% CAGR in terms of revenue, reach US$ 5640 million by 2023, from US$ 4410 million in 2017.
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.
The global Foam Protective Packaging industry has a rather high concentration. The major manufacturers are concentrated in North America, Europe and China, such as Sonoco Products Company, Sealed Air Corporation, Pregis Corporation, ACH Foam Technologies and Rogers Foam Corporation.
Foam Protective Packaging downstream is wide and recently Foam Protective Packaging has acquired increasing significance in various fields of White Goods and Electronics, Pharmaceutical & Medical Devices, Automotive and Auto Components, Daily Consumer Goods, Food and others. Globally, the Foam Protective Packaging market is mainly driven by growing demand for White Goods and Electronics. White Goods and Electronics accounts for nearly 27.36% of total downstream consumption of Foam Protective Packaging in global.
Foam Protective Packaging can be mainly divided into Expanded Polystyrene, Polyurethane Foam, Expanded Polyethylene and Expanded Polypropylene which Expanded Polystyrene captures about 30.82% of Foam Protective Packaging market in 2017. According to our research and analysis, manufacturers from USA are the major leaders in the international market of Foam Protective Packaging.
Over the next five years, study projects that Foam Protective Packaging will register a 4.2% CAGR in terms of revenue, reach US$ 5640 million by 2023, from US$ 4410 million in 2017.
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.
To calculate the market size, study considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Expanded Polystyrene
Polyurethane Foam
Expanded Polyethylene
Expanded Polypropylene
Other
Segmentation by application:
White Goods and Electronics
Pharmaceutical & Medical Devices
Automotive and Auto Components
Daily Consumer Goods
Food
Other
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
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Sonoco Products Company
Sealed Air Corporation
Pregis Corporation
ACH Foam Technologies
Rogers Foam Corporation
Plymouth Foam
Foam Fabricators
Tucson Container Corporation
Plastifoam Company
Wisconsin Foam Products
Polyfoam Corporation
Woodbridge
Recticel
Fagerdala
Jiuding Group
Speed Foam
Teamway
Haijing
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Foam Protective Packaging consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Foam Protective Packaging market by identifying its various subsegments.
Focuses on the key global Foam Protective Packaging manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Foam Protective Packaging with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Foam Protective Packaging submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Spanning over 160 pages "Forecast of Global Foam Protective Packaging Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Foam Protective Packaging by Players, Foam Protective Packaging by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Foam Protective Packaging Market Forecast, Key Players Analysis, Research Findings and Conclusion.
Please visit this link for more details: https://www.marketresearchreports.com/mrrpb2/forecast-global-foam-protective-packaging-consumption-market-2023
Find all Packaging Reports at: https://www.marketresearchreports.com/packaging
For related reports please visit: https://www.marketresearchreports.com/search/site/Foam%2520Protective%2520Packaging
Read our Interactive Market Research Blog
About MarketResearchReports.com
MarketResearchReports.com is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.
Contact us for your market research requirements: https://www.marketresearchreports.com/contact
Media Relations Contact
Sudeep Chakravarty
Director - Operations
MarketResearchReports.com
1-302-703-9904
https://www.marketresearchreports.com/mrrpb2/forecast-global-foam-protective-packaging-consumption-market-2023
View this press release online at: http://rwire.com/1111718