Market Overview:
The global expanded polystyrene for packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food and beverage packaging, foodservice packaging, healthcare packaging, and electronics and electrical appliances packaging. In addition, the growing construction industry is also contributing to the growth of this market.
Product Definition:
Expanded Polystyrene is a type of plastic that is used for packaging. It is made from polystyrene, which is a type of plastic that is made from oil. Expanded Polystyrene can be recycled and it can also be reused.
Black:
Expanded polystyrene (EPS) is a low-density, rigid, and lightweight plastic. It can be used for the packaging of various products including food & beverages, consumer goods, electronics & appliances and automotive parts. The growing demand from end-use industries such as electrical & electronics and automotive is expected to drive the global market over the forecast period.
Grey:
Expanded polystyrene (EPS) is a material, which is widely used for manufacturing various packaging solutions. It offers several advantages such as high strength, lightweight, and impact resistance among others. Grey EPS is one of the variants of expanded polystyrene and it has low glass transition temperature. This grey variant has applications in cold chain solutions such as food packaging owing to its low thermal expansion property compared to white EPS or standard polystyrene.
Application Insights:
The food and beverage application segment led the global expanded polystyrene for packaging market in 2017. This is attributed to rising demand from various end-use industries including construction, automotive, medical devices and pharmaceuticals, furniture and appliances, packaging products among others.
Expanded polystyrene offers several benefits including lightweight property which helps reduce transportation cost as well as weight of goods transported thereby boosting its adoption in the foodservice industry. The product is used to pack a wide variety of foods such as fruits; vegetables; confectioneries; meat products among others thus driving its consumption over the forecast period.
The healthcare segment is expected to witness significant growth over the forecast period owing to increasing use of EPS foams in manufacturing medical devices such as orthopedic implants that are used by surgeons during surgeries thus driving their demand globally expanded polystyrene for packaging market by type (black grey white).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization, which has led to an increase in the demand for consumer electronics and automobiles. The growth can be attributed mainly to China, India, Japan, South Korea, Taiwan and Thailand.
The construction industry in Asia Pacific is also anticipated witness considerable growth over the forecast period owing high population growth due primarilyto migration trends from rural areas towards urban centers coupled with rising disposable income levels among consumers especially in developing countries such as China & India will drive product demand over the next eight years.
Growth Factors:
- Increasing demand for lightweight and durable packaging solutions from end-use industries.
- Rising demand for EPS packaging from the food & beverage industry due to its excellent thermal insulation properties.
- Growing popularity of EPS as a sustainable and environment-friendly packaging material.
- Proliferation of e-commerce sector and increasing demand for customized packaging solutions from online retailers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Expanded Polystyrene for Packaging Market Research Report
By Type
Black, Grey, White
By Application
Food and Beverages, Foodservice, Healthcare, Electronics and Electrical Appliances, Building and Constructions, Others
By Companies
BASF, ACH Foam Technologies, Unipol Holland, KANEKA CORPORATION, Ravago, Styrochem, NOVA Chemicals Corporation, Sunpor Kunststoff, SABIC, Synthos, Alpek S.A.B. De Cv
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Expanded Polystyrene for Packaging Market Report Segments:
The global Expanded Polystyrene for Packaging market is segmented on the basis of:
Types
Black, Grey, White
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
Food and Beverages, Foodservice, Healthcare, Electronics and Electrical Appliances, Building and Constructions, 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:
- BASF
- ACH Foam Technologies
- Unipol Holland
- KANEKA CORPORATION
- Ravago
- Styrochem
- NOVA Chemicals Corporation
- Sunpor Kunststoff
- SABIC
- Synthos
- Alpek S.A.B. De Cv
Highlights of The Expanded Polystyrene for Packaging 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:
- Black
- Grey
- White
- By Application:
- Food and Beverages
- Foodservice
- Healthcare
- Electronics and Electrical Appliances
- Building and Constructions
- 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 Expanded Polystyrene for Packaging 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?
Expanded polystyrene is a type of plastic that is used to make packaging. It is a clear, brittle material that can be shaped into any shape or size.
Some of the key players operating in the expanded polystyrene for packaging market are BASF, ACH Foam Technologies, Unipol Holland, KANEKA CORPORATION, Ravago, Styrochem, NOVA Chemicals Corporation, Sunpor Kunststoff, SABIC, Synthos, Alpek S.A.B. De Cv.
The expanded polystyrene for packaging market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Expanded Polystyrene for Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Expanded Polystyrene for Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Expanded Polystyrene for Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Expanded Polystyrene for Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Expanded Polystyrene for Packaging Market Size & Forecast, 2020-2028
4.5.1 Expanded Polystyrene for Packaging Market Size and Y-o-Y Growth
4.5.2 Expanded Polystyrene for Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Black
5.2.2 Grey
5.2.3 White
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Foodservice
6.2.3 Healthcare
6.2.4 Electronics and Electrical Appliances
6.2.5 Building and Constructions
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Expanded Polystyrene for Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Expanded Polystyrene for Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Black
9.6.2 Grey
9.6.3 White
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Foodservice
9.10.3 Healthcare
9.10.4 Electronics and Electrical Appliances
9.10.5 Building and Constructions
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Black
10.6.2 Grey
10.6.3 White
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Foodservice
10.10.3 Healthcare
10.10.4 Electronics and Electrical Appliances
10.10.5 Building and Constructions
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Black
11.6.2 Grey
11.6.3 White
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Foodservice
11.10.3 Healthcare
11.10.4 Electronics and Electrical Appliances
11.10.5 Building and Constructions
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Black
12.6.2 Grey
12.6.3 White
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Foodservice
12.10.3 Healthcare
12.10.4 Electronics and Electrical Appliances
12.10.5 Building and Constructions
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Black
13.6.2 Grey
13.6.3 White
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Foodservice
13.10.3 Healthcare
13.10.4 Electronics and Electrical Appliances
13.10.5 Building and Constructions
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Expanded Polystyrene for Packaging Market: Competitive Dashboard
14.2 Global Expanded Polystyrene for Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 ACH Foam Technologies
14.3.3 Unipol Holland
14.3.4 KANEKA CORPORATION
14.3.5 Ravago
14.3.6 Styrochem
14.3.7 NOVA Chemicals Corporation
14.3.8 Sunpor Kunststoff
14.3.9 SABIC
14.3.10 Synthos
14.3.11 Alpek S.A.B. De Cv
