Authored By: Sarah
24 Sep 2021

Expanded Polystyrene Market For Packaging: Top Geographies and Market Highlights

Geographical Segmentation and Growth Analysis

The expanded polystyrene market for packaging is set to post an incremental growth of $ 3.15 billion, decelerating at a CAGR of over 6% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.


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Expanded Polystyrene Market For Packaging: APAC to lead market growth during the forecast period

  • 72% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Expanded Polystyrene Market for Packaging size.
  • This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. One of the factors that will drive growth is the environmental benefits associated with expanded polystyrene.  Our analysis will thus enable clients to assess their play in the market and design further growth opportunities.
  • The report segments the market by Application (Electronic appliances, Food and beverages, Healthcare, and Others) and Geography (APAC, Europe, North America, South America, and MEA). A detailed analysis of each segment and its contribution to the market share is provided along with factors that are likely to boost the market growth.

Expanded Polystyrene Market for Packaging to Post Incremental Growth of $ 3.15 billion During 2021-2025 | Key Geographies that will Drive Growth

Expanded Polystyrene Market For Packaging: Vendor Landscape

Some of the leading vendors in this market are Alpek SAB de CV, BASF SE, Kaneka Corp., NOVA Chemicals Corp., Saudi Basic Industries Corp., SUNPOR Kunststoff GmbH, Synthos SA, The JACKON GROUP, TotalEnergies SE, and Versalis Spa. The market is fragmented and the growth of the players in this market is dependent on several factors such as prevalent market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is decelerate at a CAGR of over 6%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 3.15 billion through 2021-2025.
     
  3. What is a key factor driving this market?
    Environmental benefits associated with expanded polystyrene will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    72% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Alpek SAB de CV, BASF SE, Kaneka Corp., NOVA Chemicals Corp., Saudi Basic Industries Corp., SUNPOR Kunststoff GmbH, Synthos SA, The JACKON GROUP, TotalEnergies SE, and Versalis Spa
     
  7. What are the market segments covered in this report?
    The market is segmented by Application (Electronic appliances, Food and beverages, Healthcare, and Others) and Geography (APAC, Europe, North America, South America, and MEA).

Market Segmentation by Application

    • Expanded Polystyrene Market For Packaging Split by Application
      • Electronic appliances
      • Food and beverages
      • Healthcare
      • Others
    • Expanded Polystyrene Market For Packaging Split by Geography
      • APAC
      • Europe
      • North America
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Alpek SAB de CV
  • BASF SE
  • Kaneka Corp.
  • NOVA Chemicals Corp.
  • Saudi Basic Industries Corp.
  • SUNPOR Kunststoff GmbH
  • Synthos SA
  • The JACKON GROUP
  • TotalEnergies SE
  • Versalis Spa

Expanded Polystyrene Market For Packaging | Discover Top Segments, Trends, Drivers and Challenges
Market Segments and Growth Analysis 2021-2025

Global expanded polystyrene market for packaging will post an incremental growth of $ 3.15 billion and decelerate at a CAGR of over 6% during the forecast period. Our research report segments the market into major segments and the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


Need more details on this market:  Request for Our FREE Sample Report


Expanded Polystyrene Market For Packaging: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The report segments the market by Application (Electronic appliances, Food and beverages, Healthcare, and Others) and Geography (APAC, Europe, North America, South America, and MEA). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
  • 72% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Expanded Polystyrene Market For Packaging size.

Expanded Polystyrene Market for Packaging to Post Incremental Growth of $ 3.15 billion During 2021-2025 | Key Geographies that will Drive Growth

Expanded Polystyrene Market For Packaging: Top Trends, Drivers, Challenges to drive Market Recovery

Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.

  • A significant factor in driving the growth of the Expanded Polystyrene Market For Packaging will be the environmental benefits associated with expanded polystyrene.
  • Another factor that will boost the market will be the Growth of e-commerce sector.
  • Popularity of bioplastic packaging is a hurdle that needs to be crossed on the path to success.

Expanded Polystyrene Market For Packaging: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Alpek SAB de CV, BASF SE, Kaneka Corp., NOVA Chemicals Corp., Saudi Basic Industries Corp., SUNPOR Kunststoff GmbH, Synthos SA, The JACKON GROUP, TotalEnergies SE, and Versalis Spa are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is decelerate at a CAGR of over 6%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 3.15 billion through 2021-2025.

     
  3. What is a key factor driving this market?
    Environmental benefits associated with expanded polystyrene will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    72% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Alpek SAB de CV, BASF SE, Kaneka Corp., NOVA Chemicals Corp., Saudi Basic Industries Corp., SUNPOR Kunststoff GmbH, Synthos SA, The JACKON GROUP, TotalEnergies SE, and Versalis Spa

     
  7. What are the market segments covered in this report?
    The market is segmented by Application (Electronic appliances, Food and beverages, Healthcare, and Others) and Geography (APAC, Europe, North America, South America, and MEA)

Expanded Polystyrene Market For Packaging | Market Highlights and Insights to Recovery from COVID-19
Market Forecast and Growth Projections 2021-2025

Global expanded polystyrene market for packaging will post an incremental growth of $ 3.15 billion and decelerate at a CAGR of over 6.40% during the forecast period. Our research report segments the market into major segments and the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


Get a peek into our extensive market analysis:  Request for Our FREE Sample Report


Expanded Polystyrene Market For Packaging: Leading Segments and Growth Analysis

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • Market is segmented Application (Electronic appliances, Food and beverages, Healthcare, and Others) and Geography (APAC, Europe, North America, South America, and MEA).
  • In terms of geographic segmentation we found that 72% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Expanded Polystyrene Market For Packaging size.

Expanded Polystyrene Market for Packaging to Post Incremental Growth of $ 3.15 billion During 2021-2025 | Key Geographies that will Drive Growth

Expanded Polystyrene Market For Packaging: Top Trends, Drivers, Challenges to drive Market Recovery

The research report looks at the impact of various trends, drivers, and challenges for market growth during the forecast period. These insights will enable clients to design a growth strategy for their business and area of operations.

  • A significant factor in driving the growth of the Expanded Polystyrene Market For Packaging will be the environmental benefits associated with expanded polystyrene.
  • Another factor that will boost the market will be the Growth of e-commerce sector.
  • Popularity of bioplastic packaging is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Expanded Polystyrene Market For Packaging: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Alpek SAB de CV, BASF SE, Kaneka Corp., NOVA Chemicals Corp., Saudi Basic Industries Corp., SUNPOR Kunststoff GmbH, Synthos SA, The JACKON GROUP, TotalEnergies SE, and Versalis Spa are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is decelerate at a CAGR of over 6.40%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 3.15 billion through 2021-2025.

     
  3. What is a key factor driving this market?
    Environmental benefits associated with expanded polystyrene will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    72% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Alpek SAB de CV, BASF SE, Kaneka Corp., NOVA Chemicals Corp., Saudi Basic Industries Corp., SUNPOR Kunststoff GmbH, Synthos SA, The JACKON GROUP, TotalEnergies SE, and Versalis Spa

     
  7. What are the market segments covered in this report?
    The market is segmented by Application (Electronic appliances, Food and beverages, Healthcare, and Others) and Geography (APAC, Europe, North America, South America, and MEA)

The expanded polystyrene market for packaging is likely to experience steady growth because of the environmental benefits associated with expanded polystyrene and the growth of the e-commerce sector. Rising at a CAGR of 6%, the market is estimated to have an incremental growth of $ 1.84 bn by 2024. Download Free Sample Report

As per a Technavio analyst: Vendors in the market are introducing lightweight and innovative expanded polystyrene packaging across transportation and warehousing industries to reduce fuel consumption and overall operational costs.

Technavio’s recent analysis of expanded polystyrene market for packaging, includes a detailed examination of its revenue forecasts, including market drivers and challenges, key market participants, and growth opportunities. The study segments the markets in APAC, Europe, North America, MEA, and South America, geographically. The APAC region is expected to have a market share of 63%. This growth can be attributed to the growing demand for effective packaging solutions from e-commerce and FMCG industries.

For further information on this analysis, please visit: https://www.technavio.com/industries/specialty-chemicals

The growing popularity of bioplastic packaging and the presence of stringent regulations related to the use of expanded polystyrene for packaging are expected to hinder the growth of the market. However, rising demand for lightweight packaging will have a positive impact on the expanded polystyrene market for packaging during the forecast period.

Technavio’s analysis of the expanded polystyrene market for packaging also includes:

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive expanded polystyrene market for packaging growth during the next five years
  • Precise estimation of the expanded polystyrene market for packaging size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the expanded polystyrene market for packaging industry across 
  • A thorough analysis of the market’s competitive landscape
  • Comprehensive details of factors that will challenge the growth of expanded polystyrene market for packaging

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