Packaging Foams Market, By Material Type (Polystyrene, Polyurethane, Polyolefin, and Others), By Structure (Flexible Foam and Rigid Foam), By Application (Food Packaging, Industrial Packaging, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
In March 2024, Seawise Innovative Packaging introduced a Styrofoam alternative aimed at replacing widely used expanded polystyrene (EPS) foam. This new packaging solution offers a cost-effective option for businesses looking to minimize plastic usage in their supply chains. Seawise Innovative Packaging specializes in sustainable thermal packaging solutions for temperature-sensitive products across various industries, including seafood, meal delivery, bulk fresh foods, and pharmaceuticals.
In December 2023, Woamy, in collaboration with Paptic and Secto Design, launched a bio-foam product for plastic-free packaging. This innovative packaging foam is fully bio-based, biodegradable, recyclable, and entirely free of plastic. Woamy, founded in 2022 as a spin-off from Aalto University in Espoo, Finland, specializes in developing sustainable, cellulose-based foam materials intended to replace traditional plastic foams like expanded polystyrene.
In September 2022, Nefab, a global packaging solutions provider, collaborated with Stora Enso, a leading renewable materials company, to introduce WoodFoam Solutions, a sustainable fiber-based recyclable foam designed for packaging applications. This innovative wood foam offers performance comparable to traditional polyurethane (PU) foam while being recyclable within the paper or paperboard waste stream. Additionally, WoodFoam Solutions significantly reduces environmental impact, generating up to four times fewer carbon dioxide emissions compared to conventional polyurethane (PU) foams. This joint effort highlights both companies' commitment to sustainable packaging and reducing the carbon footprint of industrial packaging materials.