Market Overview:
The global foam peanuts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for foam peanuts in various applications such as automotive, e-commerce, food, pharmaceuticals, industrial manufacturing and others. Foam peanuts are also biodegradable and environment-friendly which is another factor contributing to their growing popularity among consumers across the globe. North America dominates the global foam peanuts market followed by Europe and Asia Pacific region.
Product Definition:
The definition of foam peanuts is a type of packing material that is made from small, air-filled plastic pellets. These pellets are used to fill the empty spaces in packages and boxes to help protect the contents from damage.
Biodegradable Foam Peanut:
Biodegradable foam peanut is a man-made product designed to replace petroleum based foams in the manufacturing of furniture and bedding. It has several properties such as high thermal stability, low density, and high water resistance which make it suitable for use in various applications including mattresses & pillows, seat cushions & car seats. Biodegradable foam peanuts are also used to manufacture insulation materials for cold chain solutions such as freezers and refrigerators.
Regular Foam Peanut:
Regular foam peanut is a closed-cell polyurethane foam, which is produced with the help of chemical reactions and mechanical mixing. It has high compressive strength and energy absorption properties. The product can be used in various industries including construction, furniture & bedding, automotive & transportation, consumer goods (Foam peanuts for food packaging), military equipment (Inflatable mattresses), wind energy (Nestable foams) among others.
Application Insights:
The automotive application segment led the global foam peanuts market in 2017. This is attributed to increasing demand for lightweight and high-performance materials in the automotive industry. In addition, growing emphasis on reducing vehicle weight to improve fuel efficiency is expected to drive the product demand over the forecast period.
E-commerce was one of the prominent applications of foam peanuts in 2017 owing to rapidly rising online retailing activities across various countries worldwide. The growth of e-commerce has been phenomenal since its inception and this trend is expected continue over next few years with rapid expansion of internet cafes and wireless connectivity at a domestic level globally which will boost e-commerce sales tremendously thereby driving overall market growth during next eight years from 2018 to 2030.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing product demand from various end-use industries, such as automotive and packaging. In addition, growing e-commerce industry in this region will drive product demand further.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rapid industrialization and urbanization coupled with increasing disposable income levels among consumers especially in China.
Europe was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand from end-use industries such as packaging, shipping, and manufacturing
- Rising disposable income of consumers in developing countries
- Technological advancements in foam peanuts production process
- Growing popularity of eco-friendly and biodegradable packaging materials
- Proliferation of online retailing that is fuelling the demand for lightweight and compact packaging solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Foam Peanuts Market Research Report
By Type
Biodegradable Foam Peanut, Regular Foam Peanut
By Application
Automotive, E-commerce, Food, Pharmaceutical, Industrial Manufacturing, Other
By Companies
Storopack, Inc., TransPak, Federal Industries Corp., ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Foam Peanuts Market Report Segments:
The global Foam Peanuts market is segmented on the basis of:
Types
Biodegradable Foam Peanut, Regular Foam Peanut
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, E-commerce, Food, Pharmaceutical, Industrial Manufacturing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Storopack, Inc.
- TransPak
- Federal Industries Corp.
- ...
Highlights of The Foam Peanuts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Biodegradable Foam Peanut
- Regular Foam Peanut
- By Application:
- Automotive
- E-commerce
- Food
- Pharmaceutical
- Industrial Manufacturing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Foam Peanuts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Foam peanuts are a type of novelty item that are made from foam and peanut shells. They are often sold in novelty stores or as gag gifts.
Some of the major companies in the foam peanuts market are Storopack, Inc., TransPak, Federal Industries Corp..
The foam peanuts market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Foam Peanuts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Foam Peanuts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Foam Peanuts Market - Supply Chain
4.5. Global Foam Peanuts Market Forecast
4.5.1. Foam Peanuts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Foam Peanuts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Foam Peanuts Market Absolute $ Opportunity
5. Global Foam Peanuts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Foam Peanuts Market Size and Volume Forecast by Type
5.3.1. Biodegradable Foam Peanut
5.3.2. Regular Foam Peanut
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Foam Peanuts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Foam Peanuts Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. E-commerce
6.3.3. Food
6.3.4. Pharmaceutical
6.3.5. Industrial Manufacturing
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Foam Peanuts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Foam Peanuts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Foam Peanuts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Foam Peanuts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Foam Peanuts Demand Share Forecast, 2019-2029
9. North America Foam Peanuts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Foam Peanuts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Foam Peanuts Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. E-commerce
9.4.3. Food
9.4.4. Pharmaceutical
9.4.5. Industrial Manufacturing
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Foam Peanuts Market Size and Volume Forecast by Type
9.7.1. Biodegradable Foam Peanut
9.7.2. Regular Foam Peanut
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Foam Peanuts Demand Share Forecast, 2019-2029
10. Latin America Foam Peanuts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Foam Peanuts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Foam Peanuts Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. E-commerce
10.4.3. Food
10.4.4. Pharmaceutical
10.4.5. Industrial Manufacturing
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Foam Peanuts Market Size and Volume Forecast by Type
10.7.1. Biodegradable Foam Peanut
10.7.2. Regular Foam Peanut
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Foam Peanuts Demand Share Forecast, 2019-2029
11. Europe Foam Peanuts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Foam Peanuts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Foam Peanuts Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. E-commerce
11.4.3. Food
11.4.4. Pharmaceutical
11.4.5. Industrial Manufacturing
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Foam Peanuts Market Size and Volume Forecast by Type
11.7.1. Biodegradable Foam Peanut
11.7.2. Regular Foam Peanut
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Foam Peanuts Demand Share, 2019-2029
12. Asia Pacific Foam Peanuts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Foam Peanuts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Foam Peanuts Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. E-commerce
12.4.3. Food
12.4.4. Pharmaceutical
12.4.5. Industrial Manufacturing
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Foam Peanuts Market Size and Volume Forecast by Type
12.7.1. Biodegradable Foam Peanut
12.7.2. Regular Foam Peanut
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Foam Peanuts Demand Share, 2019-2029
13. Middle East & Africa Foam Peanuts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Foam Peanuts Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Foam Peanuts Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. E-commerce
13.4.3. Food
13.4.4. Pharmaceutical
13.4.5. Industrial Manufacturing
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Foam Peanuts Market Size and Volume Forecast by Type
13.7.1. Biodegradable Foam Peanut
13.7.2. Regular Foam Peanut
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Foam Peanuts Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Foam Peanuts Market: Market Share Analysis
14.2. Foam Peanuts Distributors and Customers
14.3. Foam Peanuts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Storopack, Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TransPak
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Federal Industries Corp.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ...
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
