Market Overview:
The global furniture foam 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 comfort and luxury furniture, coupled with the rising disposable income of consumers across regions. In addition, growing awareness about ergonomics and its benefits is also propelling the demand for furniture foam globally. Based on type, polyurethane foam accounts for a major share of the global furniture foam market and is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. This growth can be attributed to its properties such as high resilience, good acoustic insulation, and flame retardancy which make it suitable for use in various applications such as chairs, sofas, recliners, and others. Latex foam is another key type segmented in this market which is projected to grow at a CAGR of 6%.
Product Definition:
Furniture foam is a type of polyurethane foam that is used in the manufacturing of furniture. It can be found in sofas, chairs, and other upholstered items. Furniture foam is important because it provides comfort and support to the user.
Polyurethane Foam:
Polyurethane (PU) foam is a closed-cell, flexible polyurethane insulation material that is produced by the reaction of urethane and foaming agents. It has high thermal efficiency, excellent mechanical strength and dimensional stability. PU foam can be used in various end-use industries including building & construction, automotive, appliances and furniture & bedding which increases its demand in the global market.
Latex Foam:
The product has high durability, low density and can be easily customized for specific applications. It offers good insulation properties and can be used in various end-use industries including furniture, packaging, automotive & transportation among others.
Application Insights:
Chair application segment accounted for the largest share in the global furniture foam market, owing to increasing demand from end-use industries such as hotels, hospitals and restaurants. The sofa segment is expected to be one of the fastest growing segments over the forecast period due to rising demand for premium quality sofas with enhanced comfort and durability.
The others segment includes bedding products such as mattresses and box springs. Increasing consumer spending on home furnishing items has led to an increased focus on purchasing durable yet comfortable bedding sets that are suitable for any bedroom theme including antique, modern or coastal cottage bedrooms. This trend is likely to boost product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017, accounting for more than 35.0% of the total revenue share. The region is expected to witness a significant CAGR over the forecast period owing to increasing consumer spending on furnishing activities and preference for high-end furniture with enhanced durability and comfort. Moreover, growing awareness regarding health issues has led consumers to invest in products that offer maximum comfort while maintaining hygiene standards within homes across North America countries such as U.S.
Asia Pacific is expected to be one of the fastest-growing regional markets from 2018 to 2030 owing its large population base along with rising disposable income levels among consumers especially in developing countries such as China India Japan South Korea Thailand Indonesia Philippines Vietnam Pakistan etc.
Growth Factors:
- Rising disposable income of consumers in developing countries is expected to drive the demand for furniture foam over the forecast period.
- Increasing demand for comfort and luxury furniture is also anticipated to propel the growth of the market.
- Growing popularity of DIY (Do It Yourself) projects is projected to create new opportunities for furniture foam manufacturers in the near future.
- Rapid urbanization and growing population are some other factors that are expected to fuel the growth of this market in coming years.
- Technological advancements in manufacturing processes are likely to provide impetus to the growth of this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Furniture Foam Market Research Report
By Type
Polyurethane Foam, Latex Foam, Others
By Application
Chair, Sofa, Recliners, Others
By Companies
Lensyl Products Limited, Independent Furniture Supply, Foam Factory, Inc, Future Foam Inc, GB Foam, KTT Enterprises, Grand Rapids Foam Technologies, Sinomax, Southern Foam, FXI, Penn Foam, Foamco, Greiner, Joyce Foam Products, Flexipol, Dongguan Fuhing Packaging Materials Co, Tongshan Plastic Products
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Furniture Foam Market Report Segments:
The global Furniture Foam market is segmented on the basis of:
Types
Polyurethane Foam, Latex Foam, Others
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
Chair, Sofa, Recliners, Others
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:
- Lensyl Products Limited
- Independent Furniture Supply
- Foam Factory, Inc
- Future Foam Inc
- GB Foam
- KTT Enterprises
- Grand Rapids Foam Technologies
- Sinomax
- Southern Foam
- FXI
- Penn Foam
- Foamco
- Greiner
- Joyce Foam Products
- Flexipol
- Dongguan Fuhing Packaging Materials Co
- Tongshan Plastic Products
Highlights of The Furniture Foam 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:
- Polyurethane Foam
- Latex Foam
- Others
- By Application:
- Chair
- Sofa
- Recliners
- Others
- 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 Furniture Foam 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?
Furniture foam is a type of insulation that is used to insulate furniture. It is made from compressed polyurethane foam (CPS), which has been treated with an adhesive and then compressed into blocks or pellets. Furniture foam can be used in place of other types of insulation, such as fiberglass, in order to help keep furniture warm or cool.
Some of the key players operating in the furniture foam market are Lensyl Products Limited, Independent Furniture Supply, Foam Factory, Inc, Future Foam Inc, GB Foam, KTT Enterprises, Grand Rapids Foam Technologies, Sinomax, Southern Foam, FXI, Penn Foam, Foamco, Greiner, Joyce Foam Products, Flexipol, Dongguan Fuhing Packaging Materials Co, Tongshan Plastic Products.
The furniture foam market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Furniture Foam 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. Furniture Foam Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Furniture Foam Market - Supply Chain
4.5. Global Furniture Foam Market Forecast
4.5.1. Furniture Foam Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Furniture Foam Market Size (000 Units) and Y-o-Y Growth
4.5.3. Furniture Foam Market Absolute $ Opportunity
5. Global Furniture Foam 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. Furniture Foam Market Size and Volume Forecast by Type
5.3.1. Polyurethane Foam
5.3.2. Latex Foam
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Furniture Foam 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. Furniture Foam Market Size and Volume Forecast by Application
6.3.1. Chair
6.3.2. Sofa
6.3.3. Recliners
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Furniture Foam 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. Furniture Foam 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 Furniture Foam 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. Furniture Foam 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 Furniture Foam Demand Share Forecast, 2019-2026
9. North America Furniture Foam 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 Furniture Foam 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 Furniture Foam Market Size and Volume Forecast by Application
9.4.1. Chair
9.4.2. Sofa
9.4.3. Recliners
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Furniture Foam Market Size and Volume Forecast by Type
9.7.1. Polyurethane Foam
9.7.2. Latex Foam
9.7.3. Others
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 Furniture Foam Demand Share Forecast, 2019-2026
10. Latin America Furniture Foam 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 Furniture Foam 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 Furniture Foam Market Size and Volume Forecast by Application
10.4.1. Chair
10.4.2. Sofa
10.4.3. Recliners
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Furniture Foam Market Size and Volume Forecast by Type
10.7.1. Polyurethane Foam
10.7.2. Latex Foam
10.7.3. Others
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 Furniture Foam Demand Share Forecast, 2019-2026
11. Europe Furniture Foam 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 Furniture Foam 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 Furniture Foam Market Size and Volume Forecast by Application
11.4.1. Chair
11.4.2. Sofa
11.4.3. Recliners
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Furniture Foam Market Size and Volume Forecast by Type
11.7.1. Polyurethane Foam
11.7.2. Latex Foam
11.7.3. Others
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 Furniture Foam Demand Share, 2019-2026
12. Asia Pacific Furniture Foam 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 Furniture Foam 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 Furniture Foam Market Size and Volume Forecast by Application
12.4.1. Chair
12.4.2. Sofa
12.4.3. Recliners
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Furniture Foam Market Size and Volume Forecast by Type
12.7.1. Polyurethane Foam
12.7.2. Latex Foam
12.7.3. Others
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 Furniture Foam Demand Share, 2019-2026
13. Middle East & Africa Furniture Foam 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 Furniture Foam 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 Furniture Foam Market Size and Volume Forecast by Application
13.4.1. Chair
13.4.2. Sofa
13.4.3. Recliners
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Furniture Foam Market Size and Volume Forecast by Type
13.7.1. Polyurethane Foam
13.7.2. Latex Foam
13.7.3. Others
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 Furniture Foam Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Furniture Foam Market: Market Share Analysis
14.2. Furniture Foam Distributors and Customers
14.3. Furniture Foam Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lensyl Products Limited
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Independent Furniture Supply
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Foam Factory, Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Future Foam Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GB Foam
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KTT Enterprises
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grand Rapids Foam Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sinomax
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Southern Foam
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FXI
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Penn Foam
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Foamco
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Greiner
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Joyce Foam Products
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Flexipol
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Dongguan Fuhing Packaging Materials Co
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Tongshan Plastic Products
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
