Market Overview:
The global foam corner protectors 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 corner protectors from residential and commercial applications. Foam corner protectors are used as a protective measure against accidental damage and also help in protecting furniture corners from wear and tear. North America is expected to lead the global foam corner protectors market during the forecast period, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa respectively.
Product Definition:
Foam Corner Protectors are used to protect the corners of furniture and other objects from damage. The importance of Foam Corner Protectors is that they can help to prevent injuries, as well as damage to furniture and other objects.
L-Type:
L-type is a type of corner protectors that are used to provide additional protection to the corners of furniture or any other fragile items. L-type corner protectors have a special design which allows them to be attached easily with double-sided tape, foam adhesive or staple. The main advantage associated with L-type products is that they can be modified in terms of size and shape according to the space available in the desired location.
U-Type:
U-type is a plastic with cross-cut fibers that provides high strength and stiffness. It is used in the production of foam corner protectors, which are widely utilized for protecting flat panel displays from scratches and other damage. U-type polymers have excellent impact strength, heat resistance, chemical resistance along with being able to sustain varying levels of weight applied to them.
The global foam corner protectors market size was valued at USD 1.5 billion in 2016.
Application Insights:
The others application segment accounted for the largest share of more than 50.0% in 2017. The growing construction and packaging industries are expected to be the key demand drivers over the forecast period. In addition, increasing consumer spending on home remodeling is likely to augment product demand in this segment over the next eight years.
The residential sector is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising real estate investments by individuals as well as institutional investors across regions including North America and Europe Pacific countries such as China, Japan, India.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to increasing home remodeling activities, coupled with a rise in consumer spending on household products. Europe is expected to be the second-largest regional market over the forecast period owing to high product demand from residential and non-residential applications.
Asia Pacific foam corner protectors market is anticipated to witness significant growth over the forecast period owing to rising construction activities and growing population in countries such as China, India, Indonesia, Malaysia and Thailand. Rising disposable income will also contribute towards industry expansion over this region’s lifespan. Latin America foam corner protectors industry accounted for a share of 6% of global revenue in 2017 due its growing popularity among consumers as an anti-corrosive material that provides maximum protection against moisture & corrosion for building materials such as wood & composite flooring tiles/slate etc.
Growth Factors:
- Increasing demand from end-use industries: The Foam Corner Protectors market is witnessing increasing demand from end-use industries such as automotive, construction, and furniture owing to the growing awareness about the benefits of using these protectors.
- Rising disposable income: The rising disposable income of consumers is fueling their spending on Foam Corner Protectors products, thereby propelling the growth of this market.
- Technological advancements: The introduction of innovative technologies in the production process of Foam Corner Protectors is resulting in better quality products that are more durable and reliable. This is attracting new consumers to this market.
- Growing popularity of online retailing: Online retailing is gaining immense popularity among consumers due to its convenience and affordability factors. This is benefiting the growth prospects of the Foam Corner Protectors market as well as providing a new sales channel for vendors operating in this space.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Foam Corner Protectors Market Research Report
By Type
L-Type, U-Type, Others
By Application
Residential, Commercial, Others
By Companies
Dreambaby, Styrotech Ltd, KidCo, TAPCO, Nomaco, Polar Tech
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Foam Corner Protectors Market Report Segments:
The global Foam Corner Protectors market is segmented on the basis of:
Types
L-Type, U-Type, 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
Residential, Commercial, 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:
- Dreambaby
- Styrotech Ltd
- KidCo
- TAPCO
- Nomaco
- Polar Tech
Highlights of The Foam Corner Protectors 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:
- L-Type
- U-Type
- Others
- By Application:
- Residential
- Commercial
- 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 Foam Corner Protectors 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 Corner Protectors are a type of safety equipment used to protect people from injuries that may occur when they fall and hit their head on the corner of a desk or table. Foam Corner Protectors are made out of foam and are placed around the edge of the desk or table. When someone falls and hits their head on the corner of a desk or table, the foam Corner Protector will cushion their fall and help prevent any injuries from occurring.
Some of the key players operating in the foam corner protectors market are Dreambaby, Styrotech Ltd, KidCo, TAPCO, Nomaco, Polar Tech.
The foam corner protectors market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Foam Corner Protectors 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 Foam Corner Protectors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Foam Corner Protectors 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 Foam Corner Protectors 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 Foam Corner Protectors Market Size & Forecast, 2018-2028
4.5.1 Foam Corner Protectors Market Size and Y-o-Y Growth
4.5.2 Foam Corner Protectors Market Absolute $ Opportunity
Chapter 5 Global Foam Corner Protectors 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 Foam Corner Protectors Market Size Forecast by Type
5.2.1 L-Type
5.2.2 U-Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Foam Corner Protectors 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 Foam Corner Protectors Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Foam Corner Protectors 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 Foam Corner Protectors 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 Foam Corner Protectors Analysis and Forecast
9.1 Introduction
9.2 North America Foam Corner Protectors 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 Foam Corner Protectors Market Size Forecast by Type
9.6.1 L-Type
9.6.2 U-Type
9.6.3 Others
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 Foam Corner Protectors Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 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 Foam Corner Protectors Analysis and Forecast
10.1 Introduction
10.2 Europe Foam Corner Protectors 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 Foam Corner Protectors Market Size Forecast by Type
10.6.1 L-Type
10.6.2 U-Type
10.6.3 Others
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 Foam Corner Protectors Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 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 Foam Corner Protectors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Foam Corner Protectors 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 Foam Corner Protectors Market Size Forecast by Type
11.6.1 L-Type
11.6.2 U-Type
11.6.3 Others
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 Foam Corner Protectors Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 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 Foam Corner Protectors Analysis and Forecast
12.1 Introduction
12.2 Latin America Foam Corner Protectors 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 Foam Corner Protectors Market Size Forecast by Type
12.6.1 L-Type
12.6.2 U-Type
12.6.3 Others
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 Foam Corner Protectors Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 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) Foam Corner Protectors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Foam Corner Protectors 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) Foam Corner Protectors Market Size Forecast by Type
13.6.1 L-Type
13.6.2 U-Type
13.6.3 Others
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) Foam Corner Protectors Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 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 Foam Corner Protectors Market: Competitive Dashboard
14.2 Global Foam Corner Protectors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dreambaby
14.3.2 Styrotech Ltd
14.3.3 KidCo
14.3.4 TAPCO
14.3.5 Nomaco
14.3.6 Polar Tech
