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.
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:
- 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
Highlights of The Sponge 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:
- Ordinary Sponge
- High Rebound Sponge
- Slow Rebound Sponge
- Others
- By Application:
- Upholstered Furniture
- Clothing and Footwear
- Automation
- Daily Necessities
- Architecture and Decoration
- 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 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
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?
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