(MENAFN- GlobeNewsWire - Nasdaq) The consumer foam market encompasses various industries, including consumer appliances, consumer electronics, and the automobile industry. These industries heavily rely on consumer foams for different purposes. In the automotive sector, flexible foams are predominantly used for cushioning, ensuring comfort and safety for drivers and passengers. The Electronics industry benefits from the exceptional insulation properties of these foams, making them ideal for applications in refrigerators and freezers. Another significant user of consumer foam is the shoe business.Dublin, Jan. 27, 2025 (GLOBE NEWSWIRE) -- The "Consumer Foam Market - Global Industry Size, Share, Trends Opportunity, and Forecast, 2020-2030F" report has been added to ResearchAndMarkets.com's offering.
The Consumer Foam Market was valued at USD 40.48 Billion in 2024, and is expected to reach USD 53.54 Billion by 2030, rising at a CAGR of 4.73%
In recent years, the e-commerce industry has experienced an unprecedented surge in popularity, as more and more consumers are opting for the convenience and variety offered by online shopping. This shift towards digital platforms has led to a significant increase in the number of products being shipped directly to consumers. With this rise in product shipments, there is a growing demand for packaging materials that can ensure the safe and intact arrival of these products. This trend directly impacts the consumer foam market, as foam is widely used in packaging due to its exceptional protective properties.
Consumer foam is a versatile material that offers excellent cushioning and shock absorption, making it the ideal choice for safeguarding delicate products during transit. Its lightweight nature makes it a cost-effective option, as it does not significantly add to the weight of the package, thus helping to keep shipping costs down. Consumer foam can be easily customized to fit various product shapes and sizes, providing a snug fit and further enhancing product protection. With the continuous growth of e-commerce, the demand for efficient and effective packaging solutions is poised to drive the consumer foam market to new heights.
The Asia-Pacific region is expected to maintain its market share growth relative to other global regions. However, the most significant growth in B2B e-commerce value will come from smaller markets such as Latin America and the Middle East. Since 2020, more than 90% of B2B companies have transitioned to a virtual sales model, driven by enhanced process efficiencies and advanced management software. Notably, South Korea (13%) and Japan (15%) continue to favor face-to-face meetings for conducting business, standing out for their lower adoption rates of digital selling methods.
While the demand for packaging materials continues to rise, there is also an increasing commitment to sustainability among consumers, businesses, and regulatory bodies. The environmental impact of packaging materials is now a major concern. In response to these concerns, manufacturers are investing in research and development to produce more sustainable alternatives to traditional foam. This includes the development of biodegradable and recyclable foams that offer the same level of protection as their conventional counterparts but with a lower environmental impact. These innovative solutions are expected to further fuel the growth of the consumer foam market, meeting the demands of both businesses and environmentally conscious consumers.
Segmental Insights
Resin Type Insights
Based on resin type, the polyurethane segment emerged as the fastest growing segment in the global market for consumer foam in 2024. Polyurethane, a highly versatile foam resin, is a pivotal player in the consumer foam industry. With its exceptional comfort and support attributes, polyurethane has established itself as the top choice for crafting mattresses, pillows, and furniture cushions.
As consumer trends shift towards sustainability, there is a growing demand for eco-friendly and low-VOC (volatile organic compound) polyurethane foam materials. In response to this, manufacturers are exploring innovative options such as bio-based and recycled polyurethane. The ongoing advancements in memory foam and high-resilience foam formulations continue to elevate the overall comfort experiences for consumers. The continuous pursuit of excellence in polyurethane technology ensures that the industry remains at the forefront of providing exceptional products for various applications.
End User Insights
Based on end user, the bedding and furniture segment is projected to experience rapid growth during the forecast period. In the consumer foam market, the bedding and furniture segments play a significant role in the wide range of foam applications available. Within the bedding segment, mattresses and pillows are key products, and recent trends indicate a growing preference for memory foam due to its ability to provide better sleep quality and support. On the other hand, furniture, including sofas and chairs, relies on foam cushions to enhance comfort and provide a pleasant seating experience. Interestingly, there is a notable shift towards eco-friendly and sustainable foam materials in both the bedding and furniture segments.
This shift reflects the increasing awareness and concern for environmental sustainability among consumers. With a greater emphasis on reducing environmental impact, manufacturers are now actively seeking foam materials that are not only comfortable but also environmentally friendly. The demand for customization options in mattresses and furniture cushions is on the rise. Consumers are increasingly seeking personalized comfort solutions tailored to their specific needs and preferences. This growing trend has led to the development of innovative technologies and materials that allow for greater customization in foam products. From adjustable firmness levels to specialized support zones, the options for creating a truly personalized sleep or seating experience are expanding.
Regional Insights
Asia Pacific emerged as the dominant region in the Global Consumer Foam Market in 2024, holding the largest market share in terms of value. In recent years, the world has witnessed a significant increase in urbanization, accompanied by a rising middle-class population. This demographic shift has resulted in a greater demand for comfort-centric products, such as mattresses and furniture cushions. People are seeking out these items to create cozy and inviting living spaces that provide a refuge from the hectic pace of urban life.
Notably, there has been a noticeable shift towards eco-friendly and sustainable foam materials. This reflects a growing environmental awareness among consumers who are actively seeking products that align with their values. The preference for eco-friendly foams not only promotes sustainability but also contributes to the overall well-being of individuals and the planet. Another trend gaining traction is the customization of foam-based products. Consumers are increasingly looking for tailored comfort experiences that cater to their unique needs and preferences.
Whether it's selecting the perfect firmness level or finding the ideal combination of materials, customization options are becoming more popular among discerning buyers who value personalized comfort. The rapid expansion of e-commerce platforms has revolutionized the way consumers shop for foam-based products. With just a few clicks, shoppers can explore a vast selection of options, compare prices, and read reviews, all from the comfort of their own homes. This convenience factor, coupled with the extensive product variety offered by online retailers, has contributed to the remarkable growth of the foam market in the Asia-Pacific region.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 185 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $40.48 Billion |
| Forecasted Market Value (USD) by 2030 | $53.54 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
Key Market Players
Tempur-Pedic Management, LLC Serta Simmons Bedding, LLC Sleep Number Corporation Leggett & Platt, Incorporated Carpenter Co. FXI Future Foam, Inc. Innocor, Inc.(Bain Capital Private Equity) Vita (Holdings) Limited Recticel NV/SA
Report Scope:
Consumer Foam Market, By Resin Type:
Polyurethane Polystyrene Polyolefins Phenolic Others
Consumer Foam Market, By End User:
Bedding and Furniture Automotive Consumer Electronics Footwear Others
Consumer Foam Market, By Region:
North America United States Canada Mexico Europe France United Kingdom Italy Germany Spain Asia Pacific China India Japan Australia South Korea South America Brazil Argentina Colombia Middle East & Africa South Africa Saudi Arabia UAE
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