Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Sponge Market by Type (Ordinary Sponge, High Rebound Sponge, Slow Rebound Sponge, Others), By Application (Upholstered Furniture, Clothing and Footwear, Automation, Daily Necessities, Architecture and Decoration, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Sponge Market by Type (Ordinary Sponge, High Rebound Sponge, Slow Rebound Sponge, Others), By Application (Upholstered Furniture, Clothing and Footwear, Automation, Daily Necessities, Architecture and Decoration, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 332928 4200 Chemical & Material 377 130 Pages 5 (39)
                                          

Market Overview:


The global sponge market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sponges from various applications such as upholstered furniture, clothing and footwear, automation, daily necessities, architecture and decoration, and other applications. In terms of type, the ordinary sponge segment is expected to dominate the global sponge market during the forecast period. This can be attributed to its low cost and widespread use across various applications.


Global Sponge Industry Outlook


Product Definition:


A sponge is a type of porous material that is used for cleaning, absorbing liquid, and other purposes.


Ordinary Sponge:


Sponge is a simple aquatic animal which lives in water and can be found in all the fresh water lakes, rivers and oceans. Sponge has a large surface area which helps it to absorb the surrounding environment. The sponges are used for various applications such as household cleaning, oil recovery, food processing industries and medical purpose among others.


High Rebound Sponge:


High rebound sponge is a type of rubber material that was developed in the early 20th century. It was designed to be used as an alternative to vulcanized rubber, which had been declared carcinogenic. High rebound sponge has a lower melting point and higher resilience than vulcanized rubber, making it ideal for industrial applications where high-temperature resistance is required.


Application Insights:


The clothing and footwear application segment led the market in 2017. The demand for sponges in this application is expected to witness growth owing to increasing consumer spending on luxury apparel and footwear. Moreover, rising demand for high quality leather products including handbags, briefcases, shoes and gloves is likely to propel industry expansion over the forecast period.


Upholstered furniture was the second largest application of the product accounting for 20% of total market volume in 2017. Upholstery requires a large number of sponges due to its luxurious nature which can be used as an alternative or supplementary material when compared with animal hide or natural fiber products such as cotton and woolen fibers used traditionally by upholstery craftsmen before industrialization era.


Regional Analysis:


Europe dominated the global market in terms of revenue with a share of 33.0% in 2017. The growth is attributed to rising demand for upholstery and automation products from countries, such as Germany, France, Italy, Spain and U.K. Moreover, increasing construction activities due to growing population are expected to fuel the product demand over the forecast period.


Asia Pacific is projected to be one of the fastest-growing regional markets with a CAGR exceeding 5% during the forecast years on account of rapid industrialization along with expanding end-use industries including construction and automotive in China.


Growth Factors:


  • Increasing demand from the automotive and construction industries for sponge products as a result of the growth in these sectors.
  • Rising disposable income levels in developing countries, which will lead to an increase in demand for sponge products.
  • The increasing popularity of eco-friendly and biodegradable products, which will lead to an increase in demand for sponge products.
  • The growing use of sponges as a natural exfoliator in skin care regimes, which will lead to an increase in demand for sponge products.

Scope Of The Report

Report Attributes

Report Details

Report Title

Sponge Market Research Report

By Type

Ordinary Sponge, High Rebound Sponge, Slow Rebound Sponge, Others

By Application

Upholstered Furniture, Clothing and Footwear, Automation, Daily Necessities, Architecture and Decoration, Other

By Companies

Sinomax Group, Henan Jiabaijia, Fengsheng International Group, Xinxiang Xinyuan Chemical Industry Co.,Ltd., Chiao Fu Enterprise Co., Ltd, Jiangsu Lvyuan, Shenzhen Zhongshenfeng Technology Co., LTD, Dongguan Hengying Sponge Products, Shanghai Xinyuan New Materials Technology Co.,Ltd., Langxi Taiji Sponge, Shenzhen Zhenyue Sponge Products Co.,Ltd., Jiamei Technology, Dongyang Haijia Sponge Product, Gaomi Rongsheng Composition Material, Wenzhou Ruian Fangyuan Polyurethane Sponge, Dongguan Tengwei Sponge, JIHUA GROUP, Sleemon, CYHOME, Hubei Shifeng New Materials Co.,Ltd

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

130

Number of Tables & Figures

91

Customization Available

Yes, the report can be customized as per your need.


Global Sponge Market Report Segments:

The global Sponge market is segmented on the basis of:

Types

Ordinary Sponge, High Rebound Sponge, Slow Rebound Sponge, 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

Upholstered Furniture, Clothing and Footwear, Automation, Daily Necessities, Architecture and Decoration, 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:

  1. Sinomax Group
  2. Henan Jiabaijia
  3. Fengsheng International Group
  4. Xinxiang Xinyuan Chemical Industry Co.,Ltd.
  5. Chiao Fu Enterprise Co., Ltd
  6. Jiangsu Lvyuan
  7. Shenzhen Zhongshenfeng Technology Co., LTD
  8. Dongguan Hengying Sponge Products
  9. Shanghai Xinyuan New Materials Technology Co.,Ltd.
  10. Langxi Taiji Sponge
  11. Shenzhen Zhenyue Sponge Products Co.,Ltd.
  12. Jiamei Technology
  13. Dongyang Haijia Sponge Product
  14. Gaomi Rongsheng Composition Material
  15. Wenzhou Ruian Fangyuan Polyurethane Sponge
  16. Dongguan Tengwei Sponge
  17. JIHUA GROUP
  18. Sleemon
  19. CYHOME
  20. Hubei Shifeng New Materials Co.,Ltd

Global Sponge Market Overview


Highlights of The Sponge Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Ordinary Sponge
    2. High Rebound Sponge
    3. Slow Rebound Sponge
    4. Others
  1. By Application:

    1. Upholstered Furniture
    2. Clothing and Footwear
    3. Automation
    4. Daily Necessities
    5. Architecture and Decoration
    6. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Sponge 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

Global Sponge Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Sponge is a porous material that can be used to clean surfaces.

Some of the major players in the sponge market are Sinomax Group, Henan Jiabaijia, Fengsheng International Group, Xinxiang Xinyuan Chemical Industry Co.,Ltd., Chiao Fu Enterprise Co., Ltd, Jiangsu Lvyuan, Shenzhen Zhongshenfeng Technology Co., LTD, Dongguan Hengying Sponge Products, Shanghai Xinyuan New Materials Technology Co.,Ltd., Langxi Taiji Sponge, Shenzhen Zhenyue Sponge Products Co.,Ltd., Jiamei Technology, Dongyang Haijia Sponge Product, Gaomi Rongsheng Composition Material, Wenzhou Ruian Fangyuan Polyurethane Sponge, Dongguan Tengwei Sponge, JIHUA GROUP, Sleemon, CYHOME, Hubei Shifeng New Materials Co.,Ltd.

The sponge 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 Sponge 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 Sponge Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Sponge 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 Sponge 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 Sponge Market Size & Forecast, 2020-2028       4.5.1 Sponge Market Size and Y-o-Y Growth       4.5.2 Sponge 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 Ordinary Sponge
      5.2.2 High Rebound Sponge
      5.2.3 Slow Rebound Sponge
      5.2.4 Others
   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 Upholstered Furniture
      6.2.2 Clothing and Footwear
      6.2.3 Automation
      6.2.4 Daily Necessities
      6.2.5 Architecture and Decoration
      6.2.6 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Sponge 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 Sponge 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 Ordinary Sponge
      9.6.2 High Rebound Sponge
      9.6.3 Slow Rebound Sponge
      9.6.4 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  Market Size Forecast by Applications
      9.10.1 Upholstered Furniture
      9.10.2 Clothing and Footwear
      9.10.3 Automation
      9.10.4 Daily Necessities
      9.10.5 Architecture and Decoration
      9.10.6 Other
   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 Ordinary Sponge
      10.6.2 High Rebound Sponge
      10.6.3 Slow Rebound Sponge
      10.6.4 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  Market Size Forecast by Applications
      10.10.1 Upholstered Furniture
      10.10.2 Clothing and Footwear
      10.10.3 Automation
      10.10.4 Daily Necessities
      10.10.5 Architecture and Decoration
      10.10.6 Other
   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 Ordinary Sponge
      11.6.2 High Rebound Sponge
      11.6.3 Slow Rebound Sponge
      11.6.4 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  Market Size Forecast by Applications
      11.10.1 Upholstered Furniture
      11.10.2 Clothing and Footwear
      11.10.3 Automation
      11.10.4 Daily Necessities
      11.10.5 Architecture and Decoration
      11.10.6 Other
   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 Ordinary Sponge
      12.6.2 High Rebound Sponge
      12.6.3 Slow Rebound Sponge
      12.6.4 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  Market Size Forecast by Applications
      12.10.1 Upholstered Furniture
      12.10.2 Clothing and Footwear
      12.10.3 Automation
      12.10.4 Daily Necessities
      12.10.5 Architecture and Decoration
      12.10.6 Other
   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 Ordinary Sponge
      13.6.2 High Rebound Sponge
      13.6.3 Slow Rebound Sponge
      13.6.4 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)  Market Size Forecast by Applications
      13.10.1 Upholstered Furniture
      13.10.2 Clothing and Footwear
      13.10.3 Automation
      13.10.4 Daily Necessities
      13.10.5 Architecture and Decoration
      13.10.6 Other
   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 Sponge Market: Competitive Dashboard
   14.2 Global Sponge Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Sinomax Group
      14.3.2 Henan Jiabaijia
      14.3.3 Fengsheng International Group
      14.3.4 Xinxiang Xinyuan Chemical Industry Co.,Ltd.
      14.3.5 Chiao Fu Enterprise Co., Ltd
      14.3.6 Jiangsu Lvyuan
      14.3.7 Shenzhen Zhongshenfeng Technology Co., LTD
      14.3.8 Dongguan Hengying Sponge Products
      14.3.9 Shanghai Xinyuan New Materials Technology Co.,Ltd.
      14.3.10 Langxi Taiji Sponge
      14.3.11 Shenzhen Zhenyue Sponge Products Co.,Ltd.
      14.3.12 Jiamei Technology
      14.3.13 Dongyang Haijia Sponge Product
      14.3.14 Gaomi Rongsheng Composition Material
      14.3.15 Wenzhou Ruian Fangyuan Polyurethane Sponge
      14.3.16 Dongguan Tengwei Sponge
      14.3.17 JIHUA GROUP
      14.3.18 Sleemon
      14.3.19 CYHOME
      14.3.20 Hubei Shifeng New Materials Co.,Ltd

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