The global consumer
foam market is foreseen to grow by 5.2%, from USD 39.54 Billion in 2021 to USD 59.31
Billion in 2029. Growing use of foam in major end-use industries, high demand
for foam in Asia Pacific, increasing demand for foam in the bedding &
furniture Foam Type is to drive the market for the upcoming forecast period.
However, volatility in raw material prices remains one factor hindering the
market growth over the anticipated period.
Market Definition
What is Consumer Foam?
Market Overview
The
consumer foam market search study helps to thoroughly understand the
current trend in the market competitive analysis of the players in the emerging
market. Moreover, the DRO in the consumer foam market offers valuable
perspicuity and a current scenario for making the right decision. The research
study covers the eminent players in the market with a detailed analysis of the
company and a financial overview containing their net sales, business mix and
geographical reach It mainly focuses on the key developments of the
products/services offered by the company in recent years. Besides, we at
Zettabyte have the expertise to analyses the global consumer foam market player's
competitive landscape helping the client comprehend their specific strategic
growth approaches.
Consumer foam market
study by "Zettabyte Analytics" offers details about the market scope,
market segmentation, technological advancement in the consumer foam market and
highlights the optimistic, competitive landscape and trends enduring over the
years.
Major players in
the consumer foam market include Ach Foam Technologies, Inc., Arkema S.A.,
Armacell, Basf Se, Borealis Ag, Chemtura Corporation (Lanxess), Covestro Ag,
Dow Chemical, Eurofoam Group, Hanwha Chemical Corporation, Huntsman
Corporation, Jsp Corporation, Kaneka Corporation, Loyal Group, Mitsui Chemicals
Corp, Recticel Nv/Sa, Rogers Corporation, Sabic, Saint-Gobain, Sealed Air
Corporation, Sekisui Chemical Co., Ltd., Simona America Inc., Toray Industries,
Inc., Tosoh Corporation, Trelleborg Ab, Woodbridge Foam Corporation, Zotefoams
Plc.
COVID-19 Impact on Global Consumer
Foam Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. the impact of COVID-19 on the consumer foam market
has forced the companies to change their sourcing, pricing, and promotion
strategies. the consumer foam market players are seen focusing more on optimizing
the e-commerce networks with the rising innovations in the digital sector,
which are creating new business models for the Retail & eCommerce industry
player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). the market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and consumer foam
market future markets are analyzed to understand their impact on demand for the
forecast period. growth rates have been estimated using correlation, regression
and time-series analysis.
Market Segmentation
For the purpose
of this report, the global consumer foam market segmented on the basis of product
type, foam type, end user, and region:
Product Type Outlook:
On the basis of
product type, the market is segmented into Polyurethane (PU), Polystyrene (PS),
Polyolefin (PO), Phenolic, Polyethylene Terephthalate (PET), Others.
Foam Type Outlook:
On the basis of
foam type, the market is segmented into rigid foam, flexible foam.
Figure 1 Consumer Foam Market By Foam Type (Market
Size And Forecast By Value - USD Million, 2021 & 2029)