FOAM PACKAGING MARKET

INTRODUCTION

Because foam is moisture-proof, it keeps packaged things from getting wet during transit in the rain. Foam has a soft surface that is ideal for polishing things such as glass, ceramics, polished wood, and so on.

Foam is the finest material for packaging products that require a snug fit. There is little waste in the production process because most foam packing is cut to the exact specs necessary for the product. There are no off-cuts or waste, thus the amount used is greatly reduced. Unlike plastic, foam may be recycled completely after it has been opened. 

FOAM PACKAGING MARKET SIZE AND FORECAST

The Global Foam packaging market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

NEW PRODUCT LAUNCH

Tekni-Plex Introduces Foam Polypropylene Food Trays The trays, which have been under development for a year, offer a recyclable alternative to the foam polystyrene trays commonly used to pack meat and other fresh goods.

With the introduction of foam polypropylene (FPP) food trays, Wayne, PA-based Tekni-Plex Consumer Products is extending packaging alternatives for fresh meat and vegetable packers.According to the business, the first customer to use the FPP trays at retail for meat is a large wholesale organisation.

The foam PP trays are a drop-in replacement for standard foam polystyrene (FPS) trays and are designed for fresh food products such as meat, poultry, pork, fruits, and vegetables. However, unlike FPS, which has a limited or non-existent recycling infrastructure, FPP trays are easily recyclable.

All curbside/municipal recycling programmes that can currently process PP packaging will be able to process the new FPP trays. FPP will sort through current PP sorting procedures at materials recovery plants, much like conventional PP resin.

(MRFs),The FPP trays are available in a range of colors, although Tekni-Plex suggests natural resin or white to improve recyclability at MRFs. FPP has the same recycling code as non-foam PP:Because PP and PS are extremely different resins, they needed to use all of their material science skills to adapt their production method to process this material.

""They also wanted to offer an FPP processor tray that was as strong and efficient as the FPS trays, without requiring any changes to their customers' equipment." By doing so, they were able to provide a drop-in alternative solution to FPS while also aligning with the environmental aims."

COMPANY PROFILE

• Maestro Polypack
• Raj Corporation
• Shripad Agencies. 
• Vijayraj Foam Industries
• Packshield Industries

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Foam packaging are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Foam packaging and key vendor selection criteria
3. Where is the Foam packaging manufactured? What is the average margin per unit?
4. Market share of Global Foam packaging market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Foam packaging in-house
6. key predictions for next 5 years in Global Foam packaging market
7. Average B-2-B Foam packaging market price in all segments
8. Latest trends in Foam packaging market, by every market segment
9. The market size (both volume and value) of the Foam packaging market in 2024-2030 and every year in between?
10. Production breakup of Foam packaging market, by suppliers and their OEM relationship