Global Expanded Polystyrene for Packaging Market
Expanded Polystyrene for Packaging Market

Report ID: SQMIG15A2629

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Expanded Polystyrene for Packaging Market Size, Share, and Growth Analysis

Global Expanded Polystyrene for Packaging Market

Expanded Polystyrene for Packaging Market By Product Type (Block Molding, Shape Molding), By End-Use Industry (C-Food and Beverages, Construction), By Density, By Form Factor, By Application, By Region - Industry Forecast 2026-2033


Report ID: SQMIG15A2629 | Region: Global | Published Date: January, 2026
Pages: 195 |Tables: 89 |Figures: 71

Format - word format excel data power point presentation

Expanded Polystyrene for Packaging Market Insights

Global Expanded Polystyrene for Packaging Market size was valued at USD 12.3 Billion in 2024 and is poised to grow from USD 13.5 Billion in 2025 to USD 28.53 Billion by 2033, growing at a CAGR of 9.8% during the forecast period (2026–2033). 

The global expanded polystyrene (eps) for packaging market is moving ahead at a moderate pace. Growth is largely due to Expanded Polystyrene's vast usage in protecting fragile goods in transit. Expanded Polystyrene has strong cushioning properties, is very light and represents a low-cost usage. Growth in the e-commerce sector and worldwide trade in consumer electronics and appliances are key market drivers. Its thermal insulation properties are valuable in cold chain logistics.

However, the global expanded polystyrene for packaging market analysis shows there are serious limitations such as considerable concerns regarding the environmental aspects of Expanded Polystyrene itself regarding non-degradability and recycling. As such, regions are putting bans/restrictions on single-use plastics including EPS. Additionally, the market also competes heavily against other alternative, more sustainable packaging products such as molded pulp fibre, mushroom packaging, air pillows etc.

How Are Advanced Recycling and Bio-Based Alternatives Shaping the Expanded Polystyrene for Packaging Market?

Global expanded polystyrene for packaging market trends are increasingly influenced by novel developments in chemical recycling, as well as emerging bio-based alternatives. Though relatively few chemists have engaged in chemical recycling for post-consumer expanded polystyrene applications, expanded polystyrene can now be chemically recycled back to the original styrene monomer. Following chemical recycling, virgin quality expanded polystyrene can now be created without any loss of quality in a closed loop. While marketers are making significant strides with regards to recycling, research into bio-based and biodegradable foam materials may spell a new competitive form of stress for traditional Expanded Polystyrene future market.

In early 2025 a major chemical producer, Trinseo, announced the successful commercialization of a new expanded polystyrene grade with 50% certified recycled content derived from chemical recycling. This circular Expanded Polystyrene boasts the same performance and material as virgin material but with a lower carbon footprint. This new product solves the market condition of needing something more sustainable.

Market snapshot - 2026-2033

Global Market Size

USD 10.57 Billion

Largest Segment

Molded Shapes

Fastest Growth

Blocks & Sheets

Growth Rate

9% CAGR

Global Expanded Polystyrene for Packaging Market 2026-2033 ($ Bn)
Country Share by Asia Pacific 2025 (%)

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Expanded Polystyrene for Packaging Market Segments Analysis

Global Expanded Polystyrene for Packaging Market is segmented by Product Type, End-Use Industry, Density, Form Factor, Application and region. Based on Product Type, the market is segmented into Block Molding, Shape Molding, Extruded Polystyrene, Expanded Polystyrene Sheets and Custom Molding Products. Based on End-Use Industry, the market is segmented into C-Food and Beverages, Construction, Consumer Goods and Healthcare. Based on Density, the market is segmented into Low-Density EPS, Medium-Density EPS and High-Density EPS. Based on Form Factor, the market is segmented into Blocks, Sheets, Custom Shapes and Sizes and Packaging Inserts. Based on Application, the market is segmented into Thermal Insulation, Shock Absorption, Protective Packaging, Structural Components and Cushioning Material. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.  

Which Product Type Is Most Prevalent in Protective Expanded Polystyrene for Packaging Applications?

The Molded Shapes segment dominates the global expanded polystyrene for packaging market share. This is because they can be custom-molded to the exact shape and contours of a specific product, which allows for better protection of expensive, fragile items such as televisions, computers, and appliances. These molded shapes can be mass-produced for large production runs with high efficiency.

The Blocks & Sheets segment is the fastest growing in the global expanded polystyrene for packaging market. Its growth rate is attributed to the versatility of the material and its use in cold chains. Very large blocks of EPS are used to line the inside of shipping containers to transport temperature-sensitive goods, such as pharmaceuticals and fresh food. The anticipated global demand for these products will encourage growth in this segment.

Which Material Type Constitutes the Bulk of the Expanded Polystyrene for Packaging Market?

The global expanded polystyrene for packaging market is mainly held by the White EPS segment. This dominance was expected because it is cheaper to produce and widely accepted as the classic material for general protective packaging. White EPS provides cushioning and thermal performance for a wide range of applications, from consumer electronics to simple cold chain shipping. Given its low cost, it has become the default option for most commodity packaging applications due to its performance. The Grey/Graphite EPS segment is the fastest growing in the global expanded polystyrene for packaging market outlook. This growth is being driven by its enhanced thermal insulation properties. The polymer matrix has been infused with graphite particles, which greatly reduces heat transfer by radiation. As a result, the performance of Grey EPS for high-performance cold chain packaging is limited only by the effectiveness of the insulation properties or product value - impossible for low temperature testing scenarios when ensuring strict temperature tolerances for high-value pharmaceutical shipments or specialty foods. This increase in high-value pharmacy shipments and specialty foods is bringing Grey EPS as a more established premium option.

Global Expanded Polystyrene for Packaging Market By Product Type 2026-2033 (%)

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Expanded Polystyrene for Packaging Market Regional Insights

What Factors Underpin Asia Pacific's Dominance in the Global Expanded Polystyrene for Packaging Market?

Asia Pacific is the most highly-regarded global expanded polystyrene for packaging regional outlook. A large part of this importance stems from it being the global manufacturing center for electronics, appliances, and consumer products. The number of products produced in Asia Pacific that use a protective packaging which must be replaced in enormous quantities because of how many products are manufactured here is staggering. Furthermore, e-commerce has exploded in this region, further increasing EPS demand.

Japan Expanded Polystyrene for Packaging Market

Japan is a key market in Asia Pacific expanded polystyrene for packaging market. This is mostly due to its large and advanced consumer electronics industry and its dedication to presenting and protecting products to a very high level. Some recent developments are that Japanese companies are leading the way in creating sophisticated recycling systems for post-consumer EPS.

South Korea Expanded Polystyrene for Packaging Market

South Korea is experiencing rapid growth in the Asia Pacific expanded polystyrene for packaging market. This is mainly because of their major global role in producing large appliances and electronics. Their economy is also export-oriented. They have recently invested in automated molding technologies that will allow their own firms to create EPS packaging shapes that are more complicated and require lower per unit costs for large ESP production amounts.

What are the Primary Catalysts Driving the Growth of the European Expanded Polystyrene for Packaging Market?

The European section of its global expanded polystyrene for packaging regional forecast has a substantial player in the market given its expansive consumer market and high expectations of product safety in transport. While the market was indispensable to the global supply chain, it will be impacted heavily by new sustainability commitments and regulations. The pressure is driving innovation in a circular economy, recycling policies and alternative material development.

Germany Expanded Polystyrene for Packaging Market

Germany is leading European EPS for packaging market, largely because of its manufacturing footprint (especially in automotive and industrial machinery) where EPS is widely used to provide protection to delicate components. Focus on engineering and quality is critical. Recently, German industry associations have been champions of the packaging sector creating collection and recycling schemes for EPS waste diverted from industry.

UK Expanded Polystyrene for Packaging Market

The United Kingdom continues to see substantial movement in the European EPS for packaging market. It has developed highly advanced e-commerce and food delivery sectors. It has substantial demand for insulated packaging for fresh food and meal kits. UK companies have announced initiatives exploring the use of EPS with a share of recycled content in response to consumer demand for sustainable packaging.

France Expanded Polystyrene for Packaging Market

France is witnessing the fastest growth in the European EPS for packaging market. This is due in large part to the strength of France's pharmaceutical and cosmetics industry which has use temperature-controlled shipping. The focus on high-value goods is important. In recent trends, French logistics companies have embraced certified EPS containers for shipping valuable temperature-sensitive medical products.

What is the Current Developmental Trajectory of the North American Expanded Polystyrene for Packaging Market?

The North America region accounts for a significant proportion of the global expanded polystyrene for packaging market revenue, as it consists of large retail and e-commerce markets, as well as the domestic appliance manufacturing industry. The main driver is the need for protective packaging for goods shipped across the continent in the vast consumer marketplace. It is important to note a continuing trend towards sustainability, and the requests for alternatives are all over the industry.

US Expanded Polystyrene for Packaging Market

The United States is leading the North America EPS for packaging market, as it is the largest consumer market and driven partly by e-commerce giants such as Amazon. A key aspect of its success is the years in established logistics network that can ship containers across the continent. An added consideration is the phenomenon occurring in early 2025, when an increasing number of US states are legislating or setting up bans on single-use EPS food service items. This has possible negative halo effects on use in protective packaging.

Canada Expanded Polystyrene for Packaging Market

Canada is witnessing strong growth in the North American expanded polystyrene (EPS) for packaging market. This is fueled in large part by the substantial food export industry in Canada, particularly for seafood, which relies on strong cold chain packaging. Recent developments include Canadian businesses and industry groups that are attempting to increase EPS recycling infrastructure across the country.

Global Expanded Polystyrene for Packaging Market By Geography, 2026-2033
  • Largest
  • Fastest

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Expanded Polystyrene for Packaging Market Dynamics

Expanded Polystyrene for Packaging Market Drivers

Excellent Performance-to-Cost Ratio

  • The key advantage for EPS is the unrivalled combination of price, weight, and good protection and insulation. For most applications, it remains the most economically viable option to ensure items arrive to market unencumbered by damage during shipping.

Growth of E-commerce and Cold Chain Logistics

  • The flourishing e-commerce sector needs enormous amounts of protective shipping packaging for items shipped individually. Similarly, the growing global trade in fresh food and pharmaceuticals requires reliable and low-cost insulated packaging, and EPS fulfils this most readily.

Expanded Polystyrene for Packaging Market Restraints

Negative Environmental Perception and Regulations

  • The largest limitation is the strong negative public perception of EPS as a contaminant. This has led to some government bans and restrictions in different regions, and corporations are providing corporate commitments to eliminate the use of EPS as new products are introduced into the marketplace, which is being developed under tremendous negative pressure.

Competition from Sustainable Alternatives

  • The market is currently experiencing an ever-increasing level of pressure and competition from a large range of differing kinds of more sustainable alternative products. Molded pulp, mushroom packaging, starch foams, inflatable air pillows, etc. are finding increasing levels of market acceptance as companies strive to reduce their impact on the environment.

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Expanded Polystyrene for Packaging Market Competitive Landscape

The global expanded polystyrene for packaging industry trends shows a market composed of a few, large vertically integrated chemical companies and a fragmented marketplace of smaller molders and fabricators. The raw EPS beads come from chemical companies like BASF, Trinseo, and Synthos. The competition in the chemical sector is around price, material quality and, more recently, and unfavourable to the EPS material, everything concerned with sustainability (i.e. recycled content). The molding company is more fragmented, with many regional companies that convert the raw beads into fabricated end parts used as packaging.

Disruption is coming from startup companies that are focused entirely on sustainable alternatives to EPS. These companies are not improving the expanded polystyrene (EPS), they're trying to replace it. Disruption is coming from material science innovators who are using agricultural waste, mycelium (mushroom roots), and other biomaterials for protective packaging that can be fully compostable or biodegradable. Their competitive perspective is based on a compelling sustainability narrative that speaks directly to the increasing number of environmentally-aware brands and consumers.

  • Founded in 2017, Cruz Foam (United States), their basic goal is to produce a compostable, foam-based packaging material from waste from the seafood industry. Cruz Foam specializes in upcycling chitin. A polymer found in shrimp shells. Their innovation is in their patented process that takes waste and turns it into a protective foam that is like EPS but certified compostable. This is a direct sustainable replacement for protecting fragile products.
  • Established in 2021, Poly-Lina (United Kingdom), their basic goal is to produce a 100% biodegradable and compostable alternative to polystyrene. Poly-Lina specializes in plant-based polymers and natural additives. Their innovation is involved in the proprietary material that can be extruded and molded on traditional equipment that is meant to break down in industrial composting plants. This was a "drop-in" alternative for companies wanting to move away from plastics.

Top Player’s Company Profiles

  • BASF SE (Germany) 
  • Alpek S.A.B. de C.V. (Mexico) 
  • Synthos S.A. (Poland) 
  • The Dow Chemical Company (United States) 
  • Kaneka Corporation (Japan) 
  • SABIC (Saudi Arabia) 
  • TotalEnergies SE (France) 
  • Versalis S.p.A. (Eni Group) (Italy) 
  • NOVA Chemicals Corporation (Canada) 
  • BEWI ASA (Norway) 
  • Epsole (China) 
  • INEOS Styrolution (Germany) 
  • JSP Corporation (Japan) 
  • LG Chem (South Korea) 
  • Supreme Petrochem Ltd. (India) 
  • Knauf Industries (France) 
  • Ravago Group (Belgium) 
  • Atlas Molded Products (USA) 
  • K. K. Nag Private Limited (India) 
  • Taita Chemical Co., Ltd. (Taiwan) 

Recent Developments in Expanded Polystyrene for Packaging Market

  • In January 2025, BASF announced an increase in its biomass balance program for Styropor (BASF's brand of EPS). The program allows customers to purchase EPS with a verified share of renewable feedstock, thus enabling customers to help lower their Scope 3 emissions.
  • In March 2025, Sealed Air Corporation, a large packaging company, announced a partnership with an e-commerce leader in which the two companies would replace all Styropor void-fill packaging in the fulfilment centers of the retailer, at least in North America, with inflatable air pillow systems from Sealed Air, with completion by year end.
  • In May 2025, Trinseo and various other companies formed a new consortium in Europe, to build and operate a new large scale recycling facility for post-consumer EPS waste, with the ambition of creating a circular economy for EPS.

Expanded Polystyrene for Packaging Key Market Trends

Expanded Polystyrene for Packaging Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the global expanded polystyrene for packaging market is at a tipping point. It remains a highly efficient and low-cost material, but the future is compromising its ability to evolve under some of the most immense environmental pressure imaginable. Where the market will ultimately end up will depend on the race against the two opposing forces: will the EPS industry be able to develop a viable circular economy under the features of advanced recycling, or will there be a solid breakthrough innovation that sees sustainable alternative materials being developed, adopted and accepted as the complete replacement?

Regional markets notably led by Asia Pacific display this incredible growth. Presently, this is because of the region’s great enormous volumes of manufacturing output. Certainly, the environmental regulation challenges and competing materials are a phenomenal challenge, but it is a low-cost market and this would allow us to remain relevant even if challenged. The Electronics & Appliances segment has the largest market total size, but the real growth in market size is the pharmaceutical segment, which is quickly growing due to the demands for cold chain distribution.

Report Metric Details
Market size value in 2024 USD 12.3 Billion
Market size value in 2033 USD 28.53 Billion
Growth Rate 9.8%
Base year 2024
Forecast period 2026-2033
Forecast Unit (Value) USD Billion
Segments covered
  • Product Type
    • Block Molding ,Shape Molding ,Extruded Polystyrene ,Expanded Polystyrene Sheets ,Custom Molding Products
  • End-Use Industry
    • C-Food and Beverages ,Construction ,Consumer Goods ,Healthcare
  • Density
    • Low-Density EPS ,Medium-Density EPS ,High-Density EPS
  • Form Factor
    • Blocks ,Sheets ,Custom Shapes and Sizes ,Packaging Inserts
  • Application
    • Thermal Insulation ,Shock Absorption ,Protective Packaging ,Structural Components ,Cushioning Material
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • BASF SE (Germany) 
  • Alpek S.A.B. de C.V. (Mexico) 
  • Synthos S.A. (Poland) 
  • The Dow Chemical Company (United States) 
  • Kaneka Corporation (Japan) 
  • SABIC (Saudi Arabia) 
  • TotalEnergies SE (France) 
  • Versalis S.p.A. (Eni Group) (Italy) 
  • NOVA Chemicals Corporation (Canada) 
  • BEWI ASA (Norway) 
  • Epsole (China) 
  • INEOS Styrolution (Germany) 
  • JSP Corporation (Japan) 
  • LG Chem (South Korea) 
  • Supreme Petrochem Ltd. (India) 
  • Knauf Industries (France) 
  • Ravago Group (Belgium) 
  • Atlas Molded Products (USA) 
  • K. K. Nag Private Limited (India) 
  • Taita Chemical Co., Ltd. (Taiwan) 
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Expanded Polystyrene for Packaging Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Expanded Polystyrene for Packaging Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Expanded Polystyrene for Packaging Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Expanded Polystyrene for Packaging Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Expanded Polystyrene for Packaging Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Expanded Polystyrene for Packaging Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

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FAQs

Global Expanded Polystyrene for Packaging Market size was valued at USD 12.3 Billion in 2024 and is poised to grow from USD 13.5 Billion in 2025 to USD 28.53 Billion by 2033, growing at a CAGR of 9.8% during the forecast period (2026–2033). 

The global expanded polystyrene for packaging industry trends shows a market composed of a few, large vertically integrated chemical companies and a fragmented marketplace of smaller molders and fabricators. The raw EPS beads come from chemical companies like BASF, Trinseo, and Synthos. The competition in the chemical sector is around price, material quality and, more recently, and unfavourable to the EPS material, everything concerned with sustainability (i.e. recycled content). The molding company is more fragmented, with many regional companies that convert the raw beads into fabricated end parts used as packaging. 'BASF SE (Germany) ', 'Alpek S.A.B. de C.V. (Mexico) ', 'Synthos S.A. (Poland) ', 'The Dow Chemical Company (United States) ', 'Kaneka Corporation (Japan) ', 'SABIC (Saudi Arabia) ', 'TotalEnergies SE (France) ', 'Versalis S.p.A. (Eni Group) (Italy) ', 'NOVA Chemicals Corporation (Canada) ', 'BEWI ASA (Norway) ', 'Epsole (China) ', 'INEOS Styrolution (Germany) ', 'JSP Corporation (Japan) ', 'LG Chem (South Korea) ', 'Supreme Petrochem Ltd. (India) ', 'Knauf Industries (France) ', 'Ravago Group (Belgium) ', 'Atlas Molded Products (USA) ', 'K. K. Nag Private Limited (India) ', 'Taita Chemical Co., Ltd. (Taiwan) '

The key advantage for EPS is the unrivalled combination of price, weight, and good protection and insulation. For most applications, it remains the most economically viable option to ensure items arrive to market unencumbered by damage during shipping.

Push for a Circular Economy: The global expanded polystyrene for packaging market outlook is being fundamentally redefined by the circular economy. The sector is spending a lot of money on new chemical recycling processes to convert used EPS back into raw materials to allow for a closed loop.

Asia Pacific is the most highly-regarded global expanded polystyrene for packaging regional outlook. A large part of this importance stems from it being the global manufacturing center for electronics, appliances, and consumer products. The number of products produced in Asia Pacific that use a protective packaging which must be replaced in enormous quantities because of how many products are manufactured here is staggering. Furthermore, e-commerce has exploded in this region, further increasing EPS demand.
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RECKITT3x.webp
Rohm3x.webp
RR KABEL3x.webp
SAMSUNG ELECTRONICS3x.webp
SEKISUI3x.webp
Sensata3x.webp
SENSEAIR3x.webp
Soft Bank Group3x.webp
SYSMEX3x.webp
TERUMO3x.webp
TOYOTA3x.webp
UNDP3x.webp
Unilever3x.webp
YAMAHA3x.webp
Yokogawa3x.webp

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