According to Fortune Business Insights, the global packaging foams market size was valued at USD 15.12 billion in 2024. The market is projected to grow from USD 16.03 billion in 2025 to USD 25.01 billion by 2032, exhibiting a CAGR of 6.56% during the forecast period. Asia Pacific dominated the packaging foam market with a market share of 41.66% in 2024.

Packaging foams are used to cushion and protect goods during storage and shipping. These materials are made of either polystyrene, polyurethane, polyethylene, or expanded polyethylene foam, providing numerous properties to the products during handling. These versatile materials come in a variety of sizes and shapes and are often tailored to a specific use or purpose. The increasing trade among countries and the augmenting use of packaging foams for insulation, cushioning soundproofing, and void filling are contributing to the packaging foams market growth.

Fortune Business Insights™ mentions this in a report titled, “Packaging Foams Market, 2025-2032”

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List of Key Players Present in the Report:

• Sealed Air (U.S.)
• Smurfit Kappa (Ireland)
• UFP Technologies, Inc. (U.S.)
• Sonoco Products Company (U.S.)
• BASF SE (Germany)
• JSP (Japan)
• Zotefoams plc (U.K.)
• Rogers Foam Corporation (U.S.)
• The Supreme Industries Ltd (India)
• Atlas Molded Products (U.S.)
• NEFAB GROUP (Sweden)
• American Foam Corporation (U.S.)

Segments

High Flexibility of Polyurethane Packaging Boosts Segment Growth