The India foam market size reached US$ 7.5 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 10.1 Billion by 2028, exhibiting a CAGR of 5.09% during 2022-2028.
Foam refers to a synthetic polymer material wherein the matrix contains a large number of tiny foam holes. It is primarily manufactured by using various chemical resins, such as polyurethane, polystyrene, phenolic and polyvinyl chloride. Foams can be widely categorized into flexible and rigid foams depending upon their cell geometry, such as open cells or closed cells. They provide insulation and protection to materials against abrasion, temperature, moisture, impact, and corrosion. Moreover, foams offer numerous benefits owing to their lightweight, non-toxic, and hypoallergenic nature. As a result, they find extensive applications across diverse industry verticals, such as furniture, construction, packaging, electronics, aerospace, medical, etc.
2. What is the expected growth rate of the India foam market during 2023-2028?
3. What has been the impact of COVID-19 on the India foam market?
4. What are the key factors driving the India foam market?
5. What is the breakup of the India foam market based on the category?
6. What is the breakup of the India foam market based on the type?
7. What is the breakup of the India foam market based on the application?
8. What are the key regions in the India foam market?
9. Who are the key players/companies in the India foam market?
Foam refers to a synthetic polymer material wherein the matrix contains a large number of tiny foam holes. It is primarily manufactured by using various chemical resins, such as polyurethane, polystyrene, phenolic and polyvinyl chloride. Foams can be widely categorized into flexible and rigid foams depending upon their cell geometry, such as open cells or closed cells. They provide insulation and protection to materials against abrasion, temperature, moisture, impact, and corrosion. Moreover, foams offer numerous benefits owing to their lightweight, non-toxic, and hypoallergenic nature. As a result, they find extensive applications across diverse industry verticals, such as furniture, construction, packaging, electronics, aerospace, medical, etc.
India Foam Market Trends:
Significant growth in the construction and building industry, along with the rising demand for foam in the furnishing sector, is primarily driving the market growth in India. In line with this, extensive utilization of various home furnishing products, such as foam-based mattresses, pillowcases, bed linens, etc., that offer superior comfort through even distribution of pressure and body weight, is further proliferating the product demand. Additionally, the growing adoption of foam in the packaging industry to protect fragile, high-value, and sensitive products is also escalating the market growth in the country. Moreover, foam is gaining prominence for manufacturing numerous automobile components, such as passenger safety parts, seats, bumpers, and other exterior parts, which further aid in enhancing the overall fuel efficiency of the vehicle. Besides this, the rising environmental concerns towards the adverse impact of plastics are fueling the demand for bio-based polyols that are used for manufacturing polyurethane foam and have minimal carbon emissions. In the coming years, the emergence of several innovative product variants, such as flame-retardant foam, UV stable foam, acoustic absorption foam, reticulated foam, etc., will continue to drive the India foam market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the India foam market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on category, type and application.Breakup by Category:
- Flexible Foam
- Rigid Foam
Breakup by Type:
- Polyurethane
- Polystyrene
- Polyolefin
- Phenolic
- PET
- Others
Breakup by Application:
- Furniture
- Automotive
- Building and Construction
- Apparels
- Packaging
- Appliances
- Others
Breakup by Region:
- South India
- North India
- West and Central India
- East and North East-India
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Alpha Foam Ltd., Ankit Polymers, Goldcoin Foam Pvt. Ltd., IRE-TEX Premier India Pvt. Ltd., Jumax Foam Pvt Ltd, M.H. Polymers Pvt. Ltd., Premratan Concast Pvt Ltd. (PyareLal Group Of Industries), Royal EPE Foam Private Limited, Sarva Foam Industries Pvt. Ltd, Sheela Foam Limited, and Tirupati Foam Limited.Key Questions Answered in This Report
1. What was the size of the India foam market in 2022?2. What is the expected growth rate of the India foam market during 2023-2028?
3. What has been the impact of COVID-19 on the India foam market?
4. What are the key factors driving the India foam market?
5. What is the breakup of the India foam market based on the category?
6. What is the breakup of the India foam market based on the type?
7. What is the breakup of the India foam market based on the application?
8. What are the key regions in the India foam market?
9. Who are the key players/companies in the India foam market?
Table of Contents
1 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 India Foam Industry
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Category
6.1 Flexible Foam
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Rigid Foam
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Type
7.1 Polyurethane
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Polystyrene
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Polyolefin
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Phenolic
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 PET
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Application
8.1 Furniture
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automotive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Building and Construction
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Apparels
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Packaging
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Appliances
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 South India
9.1.1 Market Trends
9.1.2 Market Breakup by State
9.1.3 Market Forecast
9.2 North India
9.2.1 Market Trends
9.2.2 Market Breakup by State
9.2.3 Market Forecast
9.3 West and Central India
9.3.1 Market Trends
9.3.2 Market Breakup by State
9.3.3 Market Forecast
9.4 East and North-East India
9.4.1 Market Trends
9.4.2 Market Breakup by State
9.4.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Alpha Foam Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Ankit Polymers
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Goldcoin Foam Pvt. Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 IRE-TEX Premier India Pvt. Ltd.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Jumax Foam Pvt Ltd
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 M.H. Polymers Pvt. Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Premratan Concast Pvt Ltd. (PyareLal Group Of Industries)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Royal EPE Foam Private Limited
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Sarva Foam Industries Pvt. Ltd
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Sheela Foam Limited
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Tirupati Foam Limited
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
List of Figures
Figure 1: India: Foam Market: Major Drivers and Challenges
Figure 2: India: Foam Market: Sales Value (in Billion US$), 2017-2022
Figure 3: India: Foam Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: India: Foam Market: Breakup by Category (in %), 2022
Figure 5: India: Foam Market: Breakup by Type (in %), 2022
Figure 6: India: Foam Market: Breakup by Application (in %), 2022
Figure 7: India: Foam Market: Breakup Region (in %), 2022
Figure 8: India: Foam (Flexible Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: India: Foam (Flexible Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: India: Foam (Rigid Foam) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: India: Foam (Rigid Foam) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: India: Foam (Polyurethane) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: India: Foam (Polyurethane) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: India: Foam (Polystyrene) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: India: Foam (Polystyrene) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: India: Foam (Polyolefin) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: India: Foam (Polyolefin) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: India: Foam (Phenolic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: India: Foam (Phenolic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: India: Foam (PET) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: India: Foam (PET) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: India: Foam (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: India: Foam (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: India: Foam (Furniture) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: India: Foam (Furniture) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: India: Foam (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: India: Foam (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: India: Foam (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: India: Foam (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: India: Foam (Apparels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: India: Foam (Apparels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: India: Foam (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: India: Foam (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: India: Foam (Appliances) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: India: Foam (Appliances) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: India: Foam (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: India: Foam (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: South India: Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: South India: Foam Market: Breakup by State (in %), 2022
Figure 40: South India: Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: North India: Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: North India: Foam Market: Breakup by State (in %), 2022
Figure 43: North India: Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: West and Central India: Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: West and Central India: Foam Market: Breakup by State (in %), 2022
Figure 46: West and Central India: Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: East and North-East India: Foam Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: East and North-East India: Foam Market: Breakup by State (in %), 2022
Figure 49: East and North-East India: Foam Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: India: Foam Market Industry: SWOT Analysis
Figure 51: Foam Market Industry: Value Chain Analysis
Figure 52: India: Foam Market Industry: Porters Five Forces Analysis
List of Tables
Table 1: India: Foam Market: Key Industry Highlights, 2022 and 2028
Table 2: India: Foam Market: Breakup by Category (in Million US$), 2017 & 2022
Table 3: India: Foam Market Forecast: Breakup by Category (in Million US$), 2023-2028
Table 4: India: Foam Market: Breakup by Type (in Million US$), 2017 & 2022
Table 5: India: Foam Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 6: India: Foam Market: Breakup by Application (in Million US$), 2017 & 2022
Table 7: India: Foam Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 8: India: Foam Market: Breakup by Region (in Million US$), 2017 & 2022
Table 9: India: Foam Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 10: India: Foam Industry: Market Structure
Table 11: India: Foam Market: Key Players
Companies Mentioned
- Alpha Foam Ltd.
- Ankit Polymers
- Goldcoin Foam Pvt. Ltd.
- IRE-TEX Premier India Pvt. Ltd.
- Jumax Foam Pvt Ltd
- M.H. Polymers Pvt. Ltd.
- Premratan Concast Pvt Ltd. (PyareLal Group Of Industries)
- Royal EPE Foam Private Limited
- Sarva Foam Industries Pvt. Ltd
- Sheela Foam Limited
- and Tirupati Foam Limited.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 105 |
| Published | March 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 7.5 Billion |
| Forecasted Market Value ( USD | $ 10.1 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | India |
| No. of Companies Mentioned | 11 |
