Consumer Foam Global Market Report 2024

Description

Consumer Foam Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on consumer foam market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for consumer foam? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The consumer foam market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Flexible Foam; Rigid Foam
2) By Resin Type: Polystyrene; Polyurethane; Phenolic; Polyolefins; Other Resin Types
3) By End-use: Bedding and Furniture; Automotive; Consumer Electronics and Appliances; Footwear; Sports and Recreational Products; Others (Beauty and Personal care, Apparel, and Household cleaning)
Companies Mentioned: Covestro AG; ACH Foam Technologies LLC; Arkema Inc.; BASF SE; Borealis AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Consumer foam is a material characterized by numerous tiny air bubbles that create a frothy or thick substance. These foam cushions play a crucial role in various consumer and commercial applications, such as bedding, furniture, and automotive interiors. They offer effective protection and support for delicate items throughout the distribution chain.

The primary categories of consumer foams include flexible and rigid foam. Flexible foam is designed to provide cushioning for a diverse range of commercial and consumer products. This polymer possesses a cellular structure, demonstrating compression and resilience properties. It is manufactured through the reaction of polyols and isocyanates. The different types of resins involved in flexible foam production include polystyrene, polyurethane, phenolic, polyolefins, and others. Flexible foam finds applications in bedding and furniture, automotive, consumer electronics and appliances, footwear, sports and recreational products, as well as other areas such as beauty and personal care, apparel, and household cleaning.

The consumer foam market research report is one of a series of new reports from The Business Research Company that provides consumer foam market statistics, including consumer foam industry global market size, regional shares, competitors with a consumer foam market share, detailed consumer foam market segments, market trends and opportunities, and any further data you may need to thrive in the consumer foam industry. This consumer foam market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The consumer foam market size has grown strongly in recent years. It will grow from $38.94 billion in 2023 to $41.75 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth observed in the historical period can be linked to advancements in foam material science, the increasing need for acoustic insulation, the evolution of flexible foam packaging, demand from the sports and leisure industry, and consumer preferences favoring comfort products.

The consumer foam market size is expected to see strong growth in the next few years. It will grow to $54.77 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The projected growth during the forecast period is driven by an increasing demand for furniture and bedding, a burgeoning automotive sector, the upward trajectory of the construction industry, and the expanding applications in healthcare and medicine, along with the transformative impact of e-commerce. Notable trends expected in the forecast period involve a focus on regulatory compliance and standards, advancements in material science, and the fostering of collaborative initiatives within the relevant industries.

The consumer foam market is poised for growth, driven by the increasing demand for foam in the bedding and furniture industries. Bedding, a fundamental piece of furniture for sleeping, and the broader furniture industry are witnessing a surge in the popularity of foam mattresses. These mattresses are favored for their comfort, and recent market trends include products that allow consumers to customize foam layers based on their comfort preferences. Foam's utility extends to cushions and mattresses, providing durable and comfortable shapes to consumers. A notable statistic from August 2022 reveals a 20.5% growth in online mattress sales compared to 2021, emphasizing the rising need for foam in bedding and furniture, a trend set to propel the consumer foam market.

The consumer foam market is anticipated to experience growth propelled by the expanding automotive industry. Consumer foam plays a pivotal role in enhancing comfort and insulation within vehicle interiors, contributing to an improved driving experience and safety. Recent data from August 2023, sourced from the Board of Governors of the Federal Reserve System, highlights an increase in total vehicle production in the United States to 11.77 million units in July, up from 10.91 million units in June. This growth underscores the impact of the expanding automotive industry in driving the demand for consumer foam.

A key trend in the consumer foam market is the growing use of bio-based polyols. These polyols, derived from renewable and sustainable resources, are gaining popularity for manufacturing consumer products, contributing to increased sustainability and reduced carbon emissions. An example from November 2021 involves Stora Enso, a Finland-based pulp and paper industry company, launching bio-based packaging foam made from wood. These environmentally friendly and recyclable materials cater to the demand for cushioning materials that align with principles of environmental responsibility, renewability, and circularity in inner packaging.

Major players in the consumer foam market are strategically focusing on temperature-controlled packaging solutions to gain a competitive edge. Temperature-controlled packaging solutions, designed to maintain precise temperature environments for packaged products, are becoming a focal point for companies seeking differentiation. A case in point is Cruz Foam, a US-based packaging company, introducing two eco-friendly packaging products, Cruz Wrap and Cruz Cool, in October 2023. These products, crafted from sustainable materials like upcycled shrimp shells and recyclable chitin foam, address the need for environmentally conscious packaging solutions.

In a strategic move, Foam Holdings, a US-based foam manufacturing company, acquired Fabricated Packaging Materials in November 2021. The acquisition aims to bolster Foam Holdings' product portfolio and reinforce its standing as a premier solutions provider. Fabricated Packaging Materials specializes in manufacturing and fabricating block-molded expanded polystyrene (EPS) for diverse applications, aligning with Foam Holdings' expansion objectives.

Major companies operating in the consumer foam market report are Covestro AG, ACH Foam Technologies LLC, Arkema Inc., BASF SE, Borealis AG, Dow Chemical Company, Hanwha Chemical Corporation, Huntsman Corporation, JSP Corporation, Kaneka Corporation, Loyalty Group Limited, Mitsui Chemicals Inc., Saudi Basic Industries Corporation, Compagnie de Saint-Gobain SA, Sekisui Chemical Co. Ltd., Toray Industries Inc., Trelleborg AB, Woodbridge Foam Corporation, INOAC Corporation, Recticel NV, Rogers Corporation, Foamcraft Inc., Henkel Ag & Co. Kgaa, UFP Technologies Inc., Armacell International S.A., Sealed Air Corporation, Zotefoams PLC, American Excelsior Company, All Foam Products Co. Inc., Wisconsin Foam Products Inc., and ArtUSA Noise Control Products Inc.

Asia-Pacific was the largest region in the consumer foam market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the consumer foam market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the consumer foam market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The consumer foam market consists of sales of foam that is used in furniture cushioning, bedding, carpet underlay, and mattresses. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12581

1. Executive Summary

2. Consumer Foam Market Characteristics

3. Consumer Foam Market Trends And Strategies

4. Consumer Foam Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Consumer Foam Market Size and Growth

5.1. Global Consumer Foam Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Consumer Foam Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Consumer Foam Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Consumer Foam Market Segmentation

6.1. Global Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Flexible Foam
Rigid Foam
6.2. Global Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Polystyrene
Polyurethane
Phenolic
Polyolefins
Other Resin Types
6.3. Global Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Bedding and Furniture
Automotive
Consumer Electronics and Appliances
Footwear
Sports and Recreational Products
Other End-Uses

7. Consumer Foam Market Regional And Country Analysis

7.1. Global Consumer Foam Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Consumer Foam Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Consumer Foam Market

8.1. Asia-Pacific Consumer Foam Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Consumer Foam Market

9.1. China Consumer Foam Market Overview
9.2. China Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Consumer Foam Market

10.1. India Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Consumer Foam Market

11.1. Japan Consumer Foam Market Overview
11.2. Japan Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Consumer Foam Market

12.1. Australia Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Consumer Foam Market

13.1. Indonesia Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Consumer Foam Market

14.1. South Korea Consumer Foam Market Overview
14.2. South Korea Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Consumer Foam Market

15.1. Western Europe Consumer Foam Market Overview
15.2. Western Europe Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Consumer Foam Market

16.1. UK Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Consumer Foam Market

17.1. Germany Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Consumer Foam Market

18.1. France Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Consumer Foam Market

19.1. Italy Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Consumer Foam Market

20.1. Spain Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Consumer Foam Market

21.1. Eastern Europe Consumer Foam Market Overview
21.2. Eastern Europe Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Consumer Foam Market

22.1. Russia Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Consumer Foam Market

23.1. North America Consumer Foam Market Overview
23.2. North America Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Consumer Foam Market

24.1. USA Consumer Foam Market Overview
24.2. USA Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Consumer Foam Market

25.1. Canada Consumer Foam Market Overview
25.2. Canada Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Consumer Foam Market

26.1. South America Consumer Foam Market Overview
26.2. South America Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Consumer Foam Market

27.1. Brazil Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Consumer Foam Market

28.1. Middle East Consumer Foam Market Overview
28.2. Middle East Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Consumer Foam Market

29.1. Africa Consumer Foam Market Overview
29.2. Africa Consumer Foam Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Consumer Foam Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Consumer Foam Market, Segmentation By End-use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Consumer Foam Market Competitive Landscape And Company Profiles

30.1. Consumer Foam Market Competitive Landscape
30.2. Consumer Foam Market Company Profiles
- 30.2.1. Covestro AG
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. ACH Foam Technologies LLC
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Arkema Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. BASF SE
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Borealis AG
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Consumer Foam Market Competitive Benchmarking

32. Global Consumer Foam Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Consumer Foam Market

34. Consumer Foam Market Future Outlook and Potential Analysis

34.1 Consumer Foam Market In 2028 - Countries Offering Most New Opportunities
34.2 Consumer Foam Market In 2028 - Segments Offering Most New Opportunities
34.3 Consumer Foam Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer