발포 폴리스티렌(EPS) 폼 포장 시장 규모, 점유율, 성장 및 세계 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of expanded polystyrene (EPS) foam packaging Market

The global expanded polystyrene (EPS) foam packaging market was valued at USD 3.84 billion in 2024 and is projected to reach USD 4.00 billion in 2025, further expanding to USD 5.73 billion by 2032. This represents a compound annual growth rate (CAGR) of 5.27% during the forecast period (2025-2032). The Asia Pacific region dominated the market with a 34.89% share in 2024, driven by high production rates, rising packaging demand, and improved recycling initiatives.

Market Overview

Expanded polystyrene (EPS) foam packaging is a lightweight, rigid material made from expanded polystyrene beads. It is widely used in packaging due to its superior cushioning, shock absorption, and insulation properties, making it ideal for protecting delicate products during shipping and storage. The global market is witnessing robust growth as demand increases across industries such as electronics, healthcare, food and beverages, and construction.

According to the Recycling Today Organization, over 10 million metric tons of EPS were produced globally in 2022, with nearly 70% utilized for packaging and 25% in construction materials, emphasizing the material's strong role in protective packaging applications.

Market Dynamics

Market Drivers - Superior Benefits of EPS Foam Packaging

EPS foam packaging offers multiple advantages-lightweight structure, cost efficiency, and exceptional protection capabilities. Its thermal insulation properties make it especially suitable for temperature-sensitive items such as pharmaceuticals, frozen foods, and vaccines, thus ensuring product safety throughout cold chain logistics. The material's versatility and affordability have made it indispensable for various industrial packaging applications, propelling global market growth.

Market Restraints - Environmental Concerns and Non-Biodegradability

Despite its widespread use, EPS poses significant environmental challenges due to its non-biodegradable nature and limited recyclability. It contributes to plastic pollution and the spread of microplastics in ecosystems, raising ecological and health concerns. Additionally, EPS is combustible and susceptible to UV degradation, which restricts its applications in certain environments. Consequently, increasing awareness of environmental sustainability and the push for green alternatives are restraining the market's expansion.

Market Opportunities - Rising Demand from Electronics and Appliances Sector

The global electronics and home appliance industry is expanding rapidly due to rising disposable incomes, urbanization, and e-commerce growth. EPS packaging offers excellent protection for fragile electronics and components, ensuring safe transportation and storage. As manufacturers seek cost-effective yet durable packaging solutions, EPS emerges as a preferred choice, presenting significant growth opportunities during the forecast period.

Market Trends - Increasing Recycling Initiatives

A notable trend shaping the EPS foam packaging industry is the rising global recycling rate. Governments and organizations are promoting recycling systems to mitigate the environmental impact of EPS waste. According to the EPS Cycle Organization (2024), approximately 4.2 billion people across 34 countries now have access to EPS recycling, making it the third most recycled packaging material worldwide. Countries such as Japan, China, and South Korea have achieved recycling rates exceeding 50%, highlighting the shift toward a more sustainable packaging ecosystem.

Regional Insights

The Asia Pacific region dominates the global market, valued at USD 1.34 billion in 2024, driven by strong demand in pharmaceutical, food, and electronics packaging. The region's growing recycling capabilities and government sustainability programs further boost EPS adoption.

North America follows as the second-largest market, fueled by demand for flexible, lightweight packaging and sustainability-driven innovation.

Europe is another key region where strict regulations and circular economy initiatives are propelling EPS recycling rates. Emerging markets in Latin America and the Middle East & Africa are adopting eco-friendly packaging practices and exploring chemical recycling innovations, contributing to overall market growth.

Competitive Landscape

The market is moderately consolidated, with key players including Atlas Foam Products, Koolfoam, Novapor Hans Lau GmbH & Co. KG, Schaumaplast, Engineered Foam Products Ltd., Dart Container Corporation, DuPont, and BASF SE. These companies focus on product innovation, recycling technology, and sustainable materials to maintain competitiveness.

Notable developments include:

• January 2025: DGeo and Lifoam Industries launched BioEPS, an eco-friendly alternative to traditional EPS that decomposes in bio-reactive landfills.
• April 2025: USEON and TotalEnergies Corbion formed a partnership to advance bioplastic-based EPLA molded products.
• April 2023: Epsilyte introduced EPS 124LR containing 50% post-consumer recycled content for sustainable packaging applications.

Conclusion

The expanded polystyrene (EPS) foam packaging market is set for consistent growth between 2025 and 2032, driven by increasing demand across key industries, advances in recycling technologies, and sustainability-focused innovations. While environmental concerns remain a restraint, ongoing initiatives toward circular economy models and eco-friendly EPS alternatives will continue to shape the market's future landscape.

Market Size Overview:

• 2024: USD 3.84 Billion
• 2025: USD 4.00 Billion
• 2032: USD 5.73 Billion
• CAGR (2025-2032): 5.27%

Segmentation By Product Type

• Sheets
• Trays & Containers
• Bags & Pouches
• Others

By End-use Industry

• Automotive
• Electricals & Electronics
• Building & Construction
• Healthcare
• Food & Beverages
• Others

By Region

• North America (Product Type, End-use Industry, and Country)
  • U.S. (By End-use Industry)
  • Canada (By End-use Industry)
• Europe (Product Type, End-use Industry, and Country)
  • Germany (By End-use Industry)
  • U.K. (By End-use Industry)
  • France (By End-use Industry)
  • Spain (By End-use Industry)
  • Italy (By End-use Industry)
  • Russia (By End-use Industry)
  • Poland (By End-use Industry)
  • Romania (By End-use Industry)
  • Rest of Europe (By End-use Industry)
• Asia Pacific (Product Type, End-use Industry, and Country)
  • China (By End-use Industry)
  • Japan (By End-use Industry)
  • India (By End-use Industry)
  • Australia (By End-use Industry)
  • Southeast Asia (By End-use Industry)
  • Rest of Asia Pacific (By End-use Industry)
• Latin America (Product Type, End-use Industry, and Country)
  • Brazil (By End-use Industry)
  • Mexico (By End-use Industry)
  • Argentina (By End-use Industry)
  • Rest of Latin America (By End-use Industry)
• Middle East & Africa (Product Type, End-use Industry, and Country)
  • Saudi Arabia (By End-use Industry)
  • UAE (By End-use Industry)
  • Oman (By End-use Industry)
  • South Africa (By End-use Industry)
  • Rest of Middle East & Africa (By End-use Industry)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities

4. Key Insights

• 4.1. Key Emerging Trends - For Major Countries
• 4.2. Latest Technological Advancement
• 4.3. Regulatory Landscape
• 4.4. Porter's Five Forces Analysis
• 4.5. Value Chain Analysis
• 4.6. Global Packaging Industry Outlook
• 4.7. Impact of Tariffs on the Expanded Polystyrene (EPS) Foam Packaging Market

5. Global Expanded Polystyrene (EPS) Foam Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032

• 5.1. Key Findings / Summary
• 5.2. Market Analysis, Insights and Forecast - By Product Type
  • 5.2.1. Sheets
  • 5.2.2. Trays & Containers
  • 5.2.3. Bags & Pouches
  • 5.2.4. Others
• 5.3. Market Analysis, Insights and Forecast - By End-use Industry
  • 5.3.1. Automotive
  • 5.3.2. Electricals & Electronics
  • 5.3.3. Building & Construction
  • 5.3.4. Healthcare
  • 5.3.5. Food & Beverages
  • 5.3.6. Others
• 5.4. Market Analysis, Insights and Forecast - By Region
  • 5.4.1. North America
  • 5.4.2. Europe
  • 5.4.3. Asia Pacific
  • 5.4.4. Latin America
  • 5.4.5. Middle East & Africa

6. North America Expanded Polystyrene (EPS) Foam Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032

• 6.1. Key Findings / Summary
• 6.2. Market Analysis, Insights and Forecast - By Product Type
  • 6.2.1. Sheets
  • 6.2.2. Trays & Containers
  • 6.2.3. Bags & Pouches
  • 6.2.4. Others
• 6.3. Market Analysis, Insights and Forecast - By End-use Industry
  • 6.3.1. Automotive
  • 6.3.2. Electricals & Electronics
  • 6.3.3. Building & Construction
  • 6.3.4. Healthcare
  • 6.3.5. Food & Beverages
  • 6.3.6. Others
• 6.4. Market Analysis, Insights and Forecast - By Country
  • 6.4.1. U.S. Market Analysis, Insights and Forecast - By End-use Industry
    • 6.4.1.1. Automotive
    • 6.4.1.2. Electricals & Electronics
    • 6.4.1.3. Building & Construction
    • 6.4.1.4. Healthcare
    • 6.4.1.5. Food & Beverages
    • 6.4.1.6. Others
  • 6.4.2. Canada Market Analysis, Insights and Forecast - By End-use Industry
    • 6.4.2.1. Automotive
    • 6.4.2.2. Electricals & Electronics
    • 6.4.2.3. Building & Construction
    • 6.4.2.4. Healthcare
    • 6.4.2.5. Food & Beverages
    • 6.4.2.6. Others

7. Europe Expanded Polystyrene (EPS) Foam Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032

• 7.1. Key Findings / Summary
• 7.2. Market Analysis, Insights and Forecast - By Product Type
  • 7.2.1. Sheets
  • 7.2.2. Trays & Containers
  • 7.2.3. Bags & Pouches
  • 7.2.4. Others
• 7.3. Market Analysis, Insights and Forecast - By End-use Industry
  • 7.3.1. Automotive
  • 7.3.2. Electricals & Electronics
  • 7.3.3. Building & Construction
  • 7.3.4. Healthcare
  • 7.3.5. Food & Beverages
  • 7.3.6. Others
• 7.4. Market Analysis, Insights and Forecast - By Country
  • 7.4.1. Germany Market Analysis, Insights and Forecast - By End-use Industry
    • 7.4.1.1. Automotive
    • 7.4.1.2. Electricals & Electronics
    • 7.4.1.3. Building & Construction
    • 7.4.1.4. Healthcare
    • 7.4.1.5. Food & Beverages
    • 7.4.1.6. Others
  • 7.4.2. U.K. Market Analysis, Insights and Forecast - By End-use Industry
    • 7.4.2.1. Automotive
    • 7.4.2.2. Electricals & Electronics
    • 7.4.2.3. Building & Construction
    • 7.4.2.4. Healthcare
    • 7.4.2.5. Food & Beverages
    • 7.4.2.6. Others
  • 7.4.3. France Market Analysis, Insights and Forecast - By End-use Industry
    • 7.4.3.1. Automotive
    • 7.4.3.2. Electricals & Electronics
    • 7.4.3.3. Building & Construction
    • 7.4.3.4. Healthcare
    • 7.4.3.5. Food & Beverages
    • 7.4.3.6. Others
  • 7.4.4. Italy Market Analysis, Insights and Forecast - By End-use Industry
    • 7.4.4.1. Automotive
    • 7.4.4.2. Electricals & Electronics
    • 7.4.4.3. Building & Construction
    • 7.4.4.4. Healthcare
    • 7.4.4.5. Food & Beverages
    • 7.4.4.6. Others
  • 7.4.5. Spain Market Analysis, Insights and Forecast - By End-use Industry
    • 7.4.5.1. Automotive
    • 7.4.5.2. Electricals & Electronics
    • 7.4.5.3. Building & Construction
    • 7.4.5.4. Healthcare
    • 7.4.5.5. Food & Beverages
    • 7.4.5.6. Others
  • 7.4.6. Russia Market Analysis, Insights and Forecast - By End-use Industry
    • 7.4.6.1. Automotive
    • 7.4.6.2. Electricals & Electronics
    • 7.4.6.3. Building & Construction
    • 7.4.6.4. Healthcare
    • 7.4.6.5. Food & Beverages
    • 7.4.6.6. Others
  • 7.4.7. Poland Market Analysis, Insights and Forecast - By End-use Industry
    • 7.4.7.1. Automotive
    • 7.4.7.2. Electricals & Electronics
    • 7.4.7.3. Building & Construction
    • 7.4.7.4. Healthcare
    • 7.4.7.5. Food & Beverages
    • 7.4.7.6. Others
  • 7.4.8. Romania Market Analysis, Insights and Forecast - By End-use Industry
    • 7.4.8.1. Automotive
    • 7.4.8.2. Electricals & Electronics
    • 7.4.8.3. Building & Construction
    • 7.4.8.4. Healthcare
    • 7.4.8.5. Food & Beverages
    • 7.4.8.6. Others
  • 7.4.9. Rest of Europe Market Analysis, Insights and Forecast - By End-use Industry
    • 7.4.9.1. Automotive
    • 7.4.9.2. Electricals & Electronics
    • 7.4.9.3. Building & Construction
    • 7.4.9.4. Healthcare
    • 7.4.9.5. Food & Beverages
    • 7.4.9.6. Others

8. Asia Pacific Expanded Polystyrene (EPS) Foam Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032

• 8.1. Key Findings / Summary
• 8.2. Market Analysis, Insights and Forecast - By Product Type
  • 8.2.1. Sheets
  • 8.2.2. Trays & Containers
  • 8.2.3. Bags & Pouches
  • 8.2.4. Others
• 8.3. Market Analysis, Insights and Forecast - By End-use Industry
  • 8.3.1. Automotive
  • 8.3.2. Electricals & Electronics
  • 8.3.3. Building & Construction
  • 8.3.4. Healthcare
  • 8.3.5. Food & Beverages
  • 8.3.6. Others
• 8.4. Market Analysis, Insights and Forecast - By Country
  • 8.4.1. China Market Analysis, Insights and Forecast - By End-use Industry
    • 8.4.1.1. Automotive
    • 8.4.1.2. Electricals & Electronics
    • 8.4.1.3. Building & Construction
    • 8.4.1.4. Healthcare
    • 8.4.1.5. Food & Beverages
    • 8.4.1.6. Others
  • 8.4.2. India Market Analysis, Insights and Forecast - By End-use Industry
    • 8.4.2.1. Automotive
    • 8.4.2.2. Electricals & Electronics
    • 8.4.2.3. Building & Construction
    • 8.4.2.4. Healthcare
    • 8.4.2.5. Food & Beverages
    • 8.4.2.6. Others
  • 8.4.3. Japan Market Analysis, Insights and Forecast - By End-use Industry
    • 8.4.3.1. Automotive
    • 8.4.3.2. Electricals & Electronics
    • 8.4.3.3. Building & Construction
    • 8.4.3.4. Healthcare
    • 8.4.3.5. Food & Beverages
    • 8.4.3.6. Others
  • 8.4.4. Australia Market Analysis, Insights and Forecast - By End-use Industry
    • 8.4.4.1. Automotive
    • 8.4.4.2. Electricals & Electronics
    • 8.4.4.3. Building & Construction
    • 8.4.4.4. Healthcare
    • 8.4.4.5. Food & Beverages
    • 8.4.4.6. Others
  • 8.4.5. Southeast Asia Market Analysis, Insights and Forecast - By End-use Industry
    • 8.4.5.1. Automotive
    • 8.4.5.2. Electricals & Electronics
    • 8.4.5.3. Building & Construction
    • 8.4.5.4. Healthcare
    • 8.4.5.5. Food & Beverages
    • 8.4.5.6. Others
  • 8.4.6. Rest of Asia Pacific Market Analysis, Insights and Forecast - By End-use Industry
    • 8.4.6.1. Automotive
    • 8.4.6.2. Electricals & Electronics
    • 8.4.6.3. Building & Construction
    • 8.4.6.4. Healthcare
    • 8.4.6.5. Food & Beverages
    • 8.4.6.6. Others

9. Latin America Expanded Polystyrene (EPS) Foam Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032

• 9.1. Key Findings / Summary
• 9.2. Market Analysis, Insights and Forecast - By Product Type
  • 9.2.1. Sheets
  • 9.2.2. Trays & Containers
  • 9.2.3. Bags & Pouches
  • 9.2.4. Others
• 9.3. Market Analysis, Insights and Forecast - By End-use Industry
  • 9.3.1. Automotive
  • 9.3.2. Electricals & Electronics
  • 9.3.3. Building & Construction
  • 9.3.4. Healthcare
  • 9.3.5. Food & Beverages
  • 9.3.6. Others
• 9.4. Market Analysis, Insights and Forecast - By Country
  • 9.4.1. Brazil Market Analysis, Insights and Forecast - By End-use Industry
    • 9.4.1.1. Automotive
    • 9.4.1.2. Electricals & Electronics
    • 9.4.1.3. Building & Construction
    • 9.4.1.4. Healthcare
    • 9.4.1.5. Food & Beverages
    • 9.4.1.6. Others
  • 9.4.2. Mexico Market Analysis, Insights and Forecast - By End-use Industry
    • 9.4.2.1. Automotive
    • 9.4.2.2. Electricals & Electronics
    • 9.4.2.3. Building & Construction
    • 9.4.2.4. Healthcare
    • 9.4.2.5. Food & Beverages
    • 9.4.2.6. Others
  • 9.4.3. Argentina Market Analysis, Insights and Forecast - By End-use Industry
    • 9.4.3.1. Automotive
    • 9.4.3.2. Electricals & Electronics
    • 9.4.3.3. Building & Construction
    • 9.4.3.4. Healthcare
    • 9.4.3.5. Food & Beverages
    • 9.4.3.6. Others
  • 9.4.4. Rest of Latin America Market Analysis, Insights and Forecast - By End-use Industry
    • 9.4.4.1. Automotive
    • 9.4.4.2. Electricals & Electronics
    • 9.4.4.3. Building & Construction
    • 9.4.4.4. Healthcare
    • 9.4.4.5. Food & Beverages
    • 9.4.4.6. Others

10. Middle East & Africa Expanded Polystyrene (EPS) Foam Packaging Market Analysis (USD Billion), Insights and Forecast, 2019-2032

• 10.1. Key Findings / Summary
• 10.2. Market Analysis, Insights and Forecast - By Product Type
  • 10.2.1. Sheets
  • 10.2.2. Trays & Containers
  • 10.2.3. Bags & Pouches
  • 10.2.4. Others
• 10.3. Market Analysis, Insights and Forecast - By End-use Industry
  • 10.3.1. Automotive
  • 10.3.2. Electricals & Electronics
  • 10.3.3. Building & Construction
  • 10.3.4. Healthcare
  • 10.3.5. Food & Beverages
  • 10.3.6. Others
• 10.4. Market Analysis, Insights and Forecast - By Country
  • 10.4.1. Saudi Arabia Market Analysis, Insights and Forecast - By End-use Industry
    • 10.4.1.1. Automotive
    • 10.4.1.2. Electricals & Electronics
    • 10.4.1.3. Building & Construction
    • 10.4.1.4. Healthcare
    • 10.4.1.5. Food & Beverages
    • 10.4.1.6. Others
  • 10.4.2. UAE Market Analysis, Insights and Forecast - By End-use Industry
    • 10.4.2.1. Automotive
    • 10.4.2.2. Electricals & Electronics
    • 10.4.2.3. Building & Construction
    • 10.4.2.4. Healthcare
    • 10.4.2.5. Food & Beverages
    • 10.4.2.6. Others
  • 10.4.3. Oman Market Analysis, Insights and Forecast - By End-use Industry
    • 10.4.3.1. Automotive
    • 10.4.3.2. Electricals & Electronics
    • 10.4.3.3. Building & Construction
    • 10.4.3.4. Healthcare
    • 10.4.3.5. Food & Beverages
    • 10.4.3.6. Others
  • 10.4.4. South Africa Market Analysis, Insights and Forecast - By End-use Industry
    • 10.4.4.1. Automotive
    • 10.4.4.2. Electricals & Electronics
    • 10.4.4.3. Building & Construction
    • 10.4.4.4. Healthcare
    • 10.4.4.5. Food & Beverages
    • 10.4.4.6. Others
  • 10.4.5. Rest of Middle East & Africa Market Analysis, Insights and Forecast - By End-use Industry
    • 10.4.5.1. Automotive
    • 10.4.5.2. Electricals & Electronics
    • 10.4.5.3. Building & Construction
    • 10.4.5.4. Healthcare
    • 10.4.5.5. Food & Beverages
    • 10.4.5.6. Others

11. Competitive Analysis

• 11.1. Company Market Share Analysis, 2024
• 11.2. Company Profile
  • 11.2.1. Atlas Foam Products
    • 11.2.1.1. Business Overview
    • 11.2.1.2. Product Offering
    • 11.2.1.3. Financials
    • 11.2.1.4. Recent Development

12. Similar details will be provided for the following companies

• 12.1.
  • 12.1.1. Koolfoam
  • 12.1.2. Novapor Hans Lau GmbH & Co. KG
  • 12.1.3. Schaumaplast
  • 12.1.4. Engineered Foam Products Ltd
  • 12.1.5. Dart Container Corporation
  • 12.1.6. Index Packaging, Inc.
  • 12.1.7. Romanow Container
  • 12.1.8. Adherex Packaging
  • 12.1.9. Omega Packaging Australia PTY. LTD
  • 12.1.10. Conner Industries, Inc.
  • 12.1.11. KB Foam Inc.
  • 12.1.12. Michigan Foam Products LLC
  • 12.1.13. DuPont
  • 12.1.14. BASF SE