발포 폴리스티렌(EPS) 포장재 시장 : 규모, 점유율, 성장 분석, 제품 유형별, 최종 이용 산업별, 밀도별, 형상별, 용도별, 지역별, 업계 예측(2025-2032년)

Global Expanded Polystyrene for Packaging Market size was valued at USD 11.2 billion in 2023 and is poised to grow from USD 12.3 billion in 2024 to USD 25.98 billion by 2032, growing at a CAGR of 9.8% during the forecast period (2025-2032).

The global expanded polystyrene (EPS) for packaging market is experiencing steady growth, largely fueled by its extensive use in safeguarding fragile items during transportation. EPS is favored for its excellent cushioning capabilities, lightweight nature, and cost-effectiveness. Key catalysts for this market include the expansion of the e-commerce sector and the international trade in consumer electronics and appliances, along with its thermal insulation benefits for cold chain logistics. However, this market faces significant challenges due to environmental concerns surrounding EPS's non-degradability and recycling issues, prompting regions to implement bans or restrictions on single-use plastics. Furthermore, the market is increasingly competing with alternative sustainable packaging solutions such as molded pulp fiber, mushroom packaging, and air pillows.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Expanded Polystyrene for Packaging market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global 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.

Driver of the Global Expanded Polystyrene for Packaging Market

One of the primary reasons for the growth of the Global Expanded Polystyrene (EPS) for Packaging market lies in its unparalleled blend of affordability, lightweight properties, and effective protection and insulation capabilities. EPS serves as a cost-efficient choice for a multitude of applications, ensuring that products reach their destinations without sustaining damage during transit. This unique combination not only keeps shipping costs low but also provides reliable safety for a variety of goods, making EPS an essential material in the packaging industry. As a result, its demand continues to rise due to its effectiveness and economical benefits.

Restraints in the Global Expanded Polystyrene for Packaging Market

A significant challenge facing the Global Expanded Polystyrene (EPS) for Packaging market is the prevalent negative perception surrounding EPS as an environmental contaminant. This widespread concern has prompted various governments to impose bans and restrictions in several areas, influencing companies to pledge to reduce or eliminate EPS usage as they roll out new products. These actions are largely driven by mounting pressure from the public and environmental advocacy groups, forcing businesses to navigate a shifting landscape where sustainability and eco-friendliness are becoming crucial priorities, ultimately impacting the market's growth and development in the long run.

Market Trends of the Global Expanded Polystyrene for Packaging Market

The global expanded polystyrene (EPS) for packaging market is experiencing a significant shift driven by the growing emphasis on sustainability and the circular economy. Companies are actively investing in advanced chemical recycling technologies that facilitate the conversion of post-consumer EPS waste back into reusable raw materials. This transition not only enhances environmental responsibility but also reduces reliance on virgin materials, thereby minimizing waste and carbon footprints. As businesses increasingly prioritize circularity, EPS packaging is becoming more sustainable, appealing to eco-conscious consumers and fostering a robust market environment focused on innovation and environmental stewardship.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Expanded Polystyrene for Packaging Market Size by Product Type & CAGR (2025-2032)

• Market Overview
• Block Molding
• Shape Molding
• Extruded Polystyrene
• Expanded Polystyrene Sheets
• Custom Molding Products

Global Expanded Polystyrene for Packaging Market Size by End-Use Industry & CAGR (2025-2032)

• Market Overview
• C-Food and Beverages
• Construction
• Consumer Goods
• Healthcare

Global Expanded Polystyrene for Packaging Market Size by Density & CAGR (2025-2032)

• Market Overview
• Low-Density EPS
• Medium-Density EPS
• High-Density EPS

Global Expanded Polystyrene for Packaging Market Size by Form Factor & CAGR (2025-2032)

• Market Overview
• Blocks
• Sheets
• Custom Shapes and Sizes
• Packaging Inserts

Global Expanded Polystyrene for Packaging Market Size by Application & CAGR (2025-2032)

• Market Overview
• Thermal Insulation
• Shock Absorption
• Protective Packaging
• Structural Components
• Cushioning Material

Global Expanded Polystyrene for Packaging Market Size & CAGR (2025-2032)

• North America (Product Type, End-Use Industry, Density, Form Factor, Application)
  • US
  • Canada
• Europe (Product Type, End-Use Industry, Density, Form Factor, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, End-Use Industry, Density, Form Factor, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, End-Use Industry, Density, Form Factor, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, End-Use Industry, Density, Form Factor, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

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

Conclusion & Recommendations