The global packaging foams market is estimated to be valued at USD 15.98 Bn in 2025 and is expected to reach USD 25.34 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.8% from 2025 to 2032.
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Packaging foams like expanded polystyrene, polyurethane, and polyethylene find widespread applications in numerous end-use industries such as food and beverages, consumer goods, healthcare, and others. Foams' properties such as lightweight, resistance to shock & vibration, and cushioning make them suitable for packaging various products. The market is expected to witness positive growth over the forecast period supported by increasing demand from fast moving consumer goods and food and beverage industries. Growing e-commerce sector necessitating effective packaging solutions is further expected to drive the market growth.
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