Expanded Polystyrene For Packaging Market size to grow by USD 5,379.03 million from 2022 to 2027; Growth driven by the growth of the e-commerce sector - Technavio
Tuesday, May 30, 2023
NEW YORK, May 22, 2023 /PRNewswire/ -- The expanded polystyrene for packaging market size is set to grow by USD 5,379.03 million from 2022 to 2027 progressing at a CAGR of 8.5% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growth of the e-commerce sector. The growth of the e-commerce sector has a direct impact on the packaging industry. -Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and forecast period (2023-2027). Download Sample Report in minutes!
The report on the expanded polystyrene for the packaging market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
Expanded Polystyrene For Packaging Market 2023-2027 - Market Dynamics
Market Driver
-- Growth of the e-commerce sector
-- Environmental benefits associated with expanded polystyrene
-- High rate of recycling of expanded polystyrene
Market Trend
-- Growth of food delivery and takeaway market
-- Growing demand for lightweight containers and packaging
-- Increasing number of M and A
Market Challenges
-- The popularity of bioplastic packaging
-- Presence of stringent regulations related to the use of expanded
polystyrene for packaging
-- Intense competition from low-cost Asian manufacturers
Expanded Polystyrene For Packaging Market 2023-2027: Market Segmentation
The expanded polystyrene for packaging market is segmented by application (electronic appliances, food and beverage, healthcare, and others), type (white and grey), and geography (APAC, Europe, North America, South America, and Middle East and Africa).
The market share growth of the electronic appliances segment will be significant during the forecast period. The electronic appliances segment was valued at USD 3,615.94 million in 2017 and continued to grow until 2021. The growing global consumer electronics market will drive the growth of this segment during the forecast period. APAC is estimated to contribute 70% to the growth of the global market during the forecast period. The growth of the e-commerce industry in APAC is attributed to the rising population in the region, which is fueling the overall demand for goods through online distribution channels.
Insights on the market contribution of various segments, including country- and region-wise data, historic data (2017 to 2021), and forecast market size (2023 to 2027) View Sample Report
The expanded polystyrene for packaging market covers the following areas:
Expanded Polystyrene For Packaging Market Sizing
Expanded Polystyrene For Packaging Market Forecast
Expanded Polystyrene For Packaging Market Analysis
Companies Mentioned
-- Alpek SAB de CV
-- Arkema Group
-- Axion Recycling Ltd.
-- BASF SE
-- Chimei Corp.
-- DuPont de Nemours Inc.
-- Eni Spa
-- Epsilyte LLC
-- Formosa Chemicals and Fibre Corp.
-- INEOS Group Holdings SA
-- Kaneka Corp.
-- LG Chem Ltd.
-- NOVA Chemicals Corp.
-- PS Japan Corp.
-- Ravago
-- Saudi Basic Industries Corp.
-- Supreme Petrochem Ltd.
-- TotalEnergies SE
-- Trinseo PLC
-- Videolar Innova SA
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Expanded Polystyrene For Packaging Market Scope
Report Coverage
Details
Base year 2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR Accelerate at a CAGR of 8.5%
Market growth 2023-2027
USD 5,379.03 million
Market structure
Fragmented
YoY growth 2022-2023(%) 6.64
Regional analysis
APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution APAC at 70%
Key countries
US, China, Japan, Germany, and France
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled Alpek SAB de CV, Arkema Group, Axion Recycling Ltd., BASF SE, Chimei Corp., DuPont de Nemours Inc., Eni
Spa, Epsilyte LLC, Formosa Chemicals and Fibre Corp., INEOS Group Holdings SA, Kaneka Corp., LG Chem Ltd.,
NOVA Chemicals Corp., PS Japan Corp., Ravago, Saudi Basic Industries Corp., Supreme Petrochem Ltd.,
TotalEnergies SE, Trinseo PLC, and Videolar Innova SA
Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment
analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis
for forecast period
Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get
segments customized.
Key Topics Covered:
1 Executive Summary
-- 1.1 Market overview
-- Exhibit 01: Executive Summary - Chart on Market Overview
-- Exhibit 02: Executive Summary - Data Table on Market Overview
-- Exhibit 03: Executive Summary - Chart on Global Market
Characteristics
-- Exhibit 04: Executive Summary - Chart on Market by Geography
-- Exhibit 05: Executive Summary - Chart on Market Segmentation by
Application
-- Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
-- Exhibit 07: Executive Summary - Chart on Incremental Growth
-- Exhibit 08: Executive Summary - Data Table on Incremental Growth
-- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
-- 2.1 Market ecosystem
-- Exhibit 10: Parent market
-- Exhibit 11: Market Characteristics
3 Market Sizing
-- 3.1 Market definition
-- Exhibit 12: Offerings of vendors included in the market definition
-- 3.2 Market segment analysis
-- Exhibit 13: Market segments
-- 3.3 Market size 2022
-- 3.4 Market outlook: Forecast for 2022-2027
-- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($
million)
-- Exhibit 15: Data Table on Global - Market size and forecast
2022-2027 ($ million)
-- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027
(%)
-- Exhibit 17: Data Table on Global Market: Year-over-year growth
2022-2027 (%)
4 Historic Market Size
-- 4.1 Global expanded polystyrene market for packaging 2017 - 2021
-- Exhibit 18: Historic Market Size - Data Table on Global expanded
polystyrene market for packaging 2017 - 2021 ($ million)
-- 4.2 Application Segment Analysis 2017 - 2021
-- Exhibit 19: Historic Market Size - Application Segment 2017 - 2021
($ million)
-- 4.3 Type Segment Analysis 2017 - 2021
-- Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 ($
million)
-- 4.4 Geography Segment Analysis 2017 - 2021
-- Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($
million)
-- 4.5 Country Segment Analysis 2017 - 2021
-- Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($
million)
5 Five Forces Analysis
-- 5.1 Five forces summary
-- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
-- 5.2 Bargaining power of buyers
-- Exhibit 24: Chart on Bargaining power of buyers - Impact of key
factors 2022 and 2027
-- 5.3 Bargaining power of suppliers
-- Exhibit 25: Bargaining power of suppliers - Impact of key factors in
2022 and 2027
-- 5.4 Threat of new entrants
-- Exhibit 26: Threat of new entrants - Impact of key factors in 2022
and 2027
-- 5.5 Threat of substitutes
-- Exhibit 27: Threat of substitutes - Impact of key factors in 2022
and 2027
-- 5.6 Threat of rivalry
-- Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and
2027
-- 5.7 Market condition
-- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
-- 6.1 Market segments
-- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
-- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
-- 6.2 Comparison by Application
-- Exhibit 32: Chart on Comparison by Application
-- Exhibit 33: Data Table on Comparison by Application
-- 6.3 Electronic appliances - Market size and forecast 2022-2027
-- Exhibit 34: Chart on Electronic appliances - Market size and
forecast 2022-2027 ($ million)
-- Exhibit 35: Data Table on Electronic appliances - Market size and
forecast 2022-2027 ($ million)
-- Exhibit 36: Chart on Electronic appliances - Year-over-year growth
2022-2027 (%)
-- Exhibit 37: Data Table on Electronic appliances - Year-over-year
growth 2022-2027 (%)
-- 6.4 Food and beverage - Market size and forecast 2022-2027
-- Exhibit 38: Chart on Food and beverage - Market size and forecast
2022-2027 ($ million)
-- Exhibit 39: Data Table on Food and beverage - Market size and
forecast 2022-2027 ($ million)
-- Exhibit 40: Chart on Food and beverage - Year-over-year growth
2022-2027 (%)
-- Exhibit 41: Data Table on Food and beverage - Year-over-year growth
2022-2027 (%)
-- 6.5 Healthcare - Market size and forecast 2022-2027
-- Exhibit 42: Chart on Healthcare - Market size and forecast 2022-2027
($ million)
-- Exhibit 43: Data Table on Healthcare - Market size and forecast
2022-2027 ($ million)
-- Exhibit 44: Chart on Healthcare - Year-over-year growth 2022-2027
(%)
-- Exhibit 45: Data Table on Healthcare - Year-over-year growth
2022-2027 (%)
-- 6.6 Others - Market size and forecast 2022-2027
-- Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($
million)
-- Exhibit 47: Data Table on Others - Market size and forecast
2022-2027 ($ million)
-- Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
-- Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027
(%)
-- 6.7 Market opportunity by Application
-- Exhibit 50: Market opportunity by Application ($ million)
-- Exhibit 51: Data Table on Market opportunity by Application ($
million)
7 Market Segmentation by Type
-- 7.1 Market segments
-- Exhibit 52: Chart on Type - Market share 2022-2027 (%)
-- Exhibit 53: Data Table on Type - Market share 2022-2027 (%)
-- 7.2 Comparison by Type
-- Exhibit 54: Chart on Comparison by Type
-- Exhibit 55: Data Table on Comparison by Type
-- 7.3 White - Market size and forecast 2022-2027
-- Exhibit 56: Chart on White - Market size and forecast 2022-2027 ($
million)
-- Exhibit 57: Data Table on White - Market size and forecast 2022-2027
($ million)
-- Exhibit 58: Chart on White - Year-over-year growth 2022-2027 (%)
-- Exhibit 59: Data Table on White - Year-over-year growth 2022-2027
(%)
-- 7.4 Grey - Market size and forecast 2022-2027
-- Exhibit 60: Chart on Grey - Market size and forecast 2022-2027 ($
million)
-- Exhibit 61: Data Table on Grey - Market size and forecast 2022-2027
($ million)
-- Exhibit 62: Chart on Grey - Year-over-year growth 2022-2027 (%)
-- Exhibit 63: Data Table on Grey - Year-over-year growth 2022-2027 (%)
-- 7.5 Market opportunity by Type
-- Exhibit 64: Market opportunity by Type ($ million)
-- Exhibit 65: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
-- 8.1 Customer landscape overview
-- Exhibit 66: Analysis of price sensitivity, lifecycle, customer
purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
-- 9.1 Geographic segmentation
-- Exhibit 67: Chart on Market share by geography 2022-2027 (%)
-- Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
-- 9.2 Geographic comparison
-- Exhibit 69: Chart on Geographic comparison
-- Exhibit 70: Data Table on Geographic comparison
-- 9.3 APAC - Market size and forecast 2022-2027
-- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($
million)
-- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027
($ million)
-- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
-- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
-- 9.4 Europe - Market size and forecast 2022-2027
-- Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($
million)
-- Exhibit 76: Data Table on Europe - Market size and forecast
2022-2027 ($ million)
-- Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
-- Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027
(%)
-- 9.5 North America - Market size and forecast 2022-2027
-- Exhibit 79: Chart on North America - Market size and forecast
2022-2027 ($ million)
-- Exhibit 80: Data Table on North America - Market size and forecast
2022-2027 ($ million)
-- Exhibit 81: Chart on North America - Year-over-year growth 2022-2027
(%)
-- Exhibit 82: Data Table on North America - Year-over-year growth
2022-2027 (%)
-- 9.6 South America - Market size and forecast 2022-2027
-- Exhibit 83: Chart on South America - Market size and forecast
2022-2027 ($ million)
-- Exhibit 84: Data Table on South America - Market size and forecast
2022-2027 ($ million)
-- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027
(%)
-- Exhibit 86: Data Table on South America - Year-over-year growth
2022-2027 (%)
-- 9.7 Middle East and Africa - Market size and forecast 2022-2027
-- Exhibit 87: Chart on Middle East and Africa - Market size and
forecast 2022-2027 ($ million)
-- Exhibit 88: Data Table on Middle East and Africa - Market size and
forecast 2022-2027 ($ million)
-- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth
2022-2027 (%)
-- Exhibit 90: Data Table on Middle East and Africa - Year-over-year
growth 2022-2027 (%)
-- 9.8 China - Market size and forecast 2022-2027
-- Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($
million)
-- Exhibit 92: Data Table on China - Market size and forecast 2022-2027
($ million)
-- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
-- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027
(%)
-- 9.9 US - Market size and forecast 2022-2027
-- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($
million)
-- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($
million)
-- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
-- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
-- 9.10 Germany - Market size and forecast 2022-2027
-- Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($
million)
-- Exhibit 100: Data Table on Germany - Market size and forecast
2022-2027 ($ million)
-- Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
-- Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027
(%)
-- 9.11 Japan - Market size and forecast 2022-2027
-- Exhibit 103: Chart on Japan - Market size and forecast 2022-2027 ($
million)
-- Exhibit 104: Data Table on Japan - Market size and forecast
2022-2027 ($ million)
-- Exhibit 105: Chart on Japan - Year-over-year growth 2022-2027 (%)
-- Exhibit 106: Data Table on Japan - Year-over-year growth 2022-2027
(%)
-- 9.12 France - Market size and forecast 2022-2027
-- Exhibit 107: Chart on France - Market size and forecast 2022-2027 ($
million)
-- Exhibit 108: Data Table on France - Market size and forecast
2022-2027 ($ million)
-- Exhibit 109: Chart on France - Year-over-year growth 2022-2027 (%)
-- Exhibit 110: Data Table on France - Year-over-year growth 2022-2027
(%)
-- 9.13 Market opportunity by geography
-- Exhibit 111: Market opportunity by geography ($ million)
-- Exhibit 112: Data Tables on Market opportunity by geography ($
million)
10 Drivers, Challenges, and Trends
-- 10.1 Market drivers
-- 10.2 Market challenges
-- 10.3 Impact of drivers and challenges
-- Exhibit 113: Impact of drivers and challenges in 2022 and 2027
-- 10.4 Market trends
11 Vendor Landscape
-- 11.1 Overview
-- 11.2 Vendor landscape
-- Exhibit 114: Overview on Criticality of inputs and Factors of
differentiation
-- 11.3 Landscape disruption
-- Exhibit 115: Overview on factors of disruption
-- 11.4 Industry risks
-- Exhibit 116: Impact of key risks on business
12 Vendor Analysis
-- 12.1 Vendors covered
-- Exhibit 117: Vendors covered
-- 12.2 Market positioning of vendors
-- Exhibit 118: Matrix on vendor position and classification
-- 12.3 Alpek SAB de CV
-- Exhibit 119: Alpek SAB de CV - Overview
-- Exhibit 120: Alpek SAB de CV - Business segments
-- Exhibit 121: Alpek SAB de CV - Key offerings
-- Exhibit 122: Alpek SAB de CV - Segment focus
-- 12.4 Arkema Group
-- Exhibit 123: Arkema Group - Overview
-- Exhibit 124: Arkema Group - Business segments
-- Exhibit 125: Arkema Group - Key news
-- Exhibit 126: Arkema Group - Key offerings
-- Exhibit 127: Arkema Group - Segment focus
-- 12.5 Axion Recycling Ltd.
-- Exhibit 128: Axion Recycling Ltd. - Overview
-- Exhibit 129: Axion Recycling Ltd. - Product / Service
-- Exhibit 130: Axion Recycling Ltd. - Key offerings
-- 12.6 BASF SE
-- Exhibit 131: BASF SE - Overview
-- Exhibit 132: BASF SE - Business segments
-- Exhibit 133: BASF SE - Key news
-- Exhibit 134: BASF SE - Key offerings
-- Exhibit 135: BASF SE - Segment focus
-- 12.7 Chimei Corp.
-- Exhibit 136: Chimei Corp. - Overview
-- Exhibit 137: Chimei Corp. - Product / Service
-- Exhibit 138: Chimei Corp. - Key offerings
-- 12.8 DuPont de Nemours Inc.
-- Exhibit 139: DuPont de Nemours Inc. - Overview
-- Exhibit 140: DuPont de Nemours Inc. - Business segments
-- Exhibit 141: DuPont de Nemours Inc. - Key news
-- Exhibit 142: DuPont de Nemours Inc. - Key offerings
-- Exhibit 143: DuPont de Nemours Inc. - Segment focus
-- 12.9 Eni Spa
-- Exhibit 144: Eni Spa - Overview
-- Exhibit 145: Eni Spa - Business segments
-- Exhibit 146: Eni Spa - Key offerings
-- Exhibit 147: Eni Spa - Segment focus
-- 12.10 Epsilyte LLC
-- Exhibit 148: Epsilyte LLC - Overview
-- Exhibit 149: Epsilyte LLC - Product / Service
-- Exhibit 150: Epsilyte LLC - Key offerings
-- 12.11 Formosa Chemicals and Fibre Corp.
-- Exhibit 151: Formosa Chemicals and Fibre Corp. - Overview
-- Exhibit 152: Formosa Chemicals and Fibre Corp. - Product / Service
-- Exhibit 153: Formosa Chemicals and Fibre Corp. - Key offerings
-- 12.12 INEOS Group Holdings SA
-- Exhibit 154: INEOS Group Holdings SA - Overview
-- Exhibit 155: INEOS Group Holdings SA - Business segments
-- Exhibit 156: INEOS Group Holdings SA - Key news
-- Exhibit 157: INEOS Group Holdings SA - Key offerings
-- Exhibit 158: INEOS Group Holdings SA - Segment focus
-- 12.13 Kaneka Corp.
-- Exhibit 159: Kaneka Corp. - Overview
-- Exhibit 160: Kaneka Corp. - Business segments
-- Exhibit 161: Kaneka Corp. - Key offerings
-- Exhibit 162: Kaneka Corp. - Segment focus
-- 12.14 LG Chem Ltd.
-- Exhibit 163: LG Chem Ltd. - Overview
-- Exhibit 164: LG Chem Ltd. - Business segments
-- Exhibit 165: LG Chem Ltd. - Key news
-- Exhibit 166: LG Chem Ltd. - Key offerings
-- Exhibit 167: LG Chem Ltd. - Segment focus
-- 12.15 NOVA Chemicals Corp.
-- Exhibit 168: NOVA Chemicals Corp. - Overview
-- Exhibit 169: NOVA Chemicals Corp. - Product / Service
-- Exhibit 170: NOVA Chemicals Corp. - Key offerings
-- 12.16 PS Japan Corp.
-- Exhibit 171: PS Japan Corp. - Overview
-- Exhibit 172: PS Japan Corp. - Product / Service
-- Exhibit 173: PS Japan Corp. - Key offerings
-- 12.17 Ravago
-- Exhibit 174: Ravago - Overview
-- Exhibit 175: Ravago - Product / Service
-- Exhibit 176: Ravago - Key offerings
13 Appendix
-- 13.1 Scope of the report
-- 13.2 Inclusions and exclusions checklist
-- Exhibit 177: Inclusions checklist
-- Exhibit 178: Exclusions checklist
-- 13.3 Currency conversion rates for US$
-- Exhibit 179: Currency conversion rates for US$
-- 13.4 Research methodology
-- Exhibit 180: Research methodology
-- Exhibit 181: Validation techniques employed for market sizing
-- Exhibit 182: Information sources
-- 13.5 List of abbreviations
-- Exhibit 183: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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