Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

India Foam Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India foam market reached a value of US$ 7.17 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 9.68 Billion by 2027 exhibiting a CAGR of 5.0% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Foam refers to a synthetic polymer material wherein the matrix contains a large number of tiny foam holes. It is primarily manufactured by using various chemical resins, such as polyurethane, polystyrene, phenolic and polyvinyl chloride. Foams can be widely categorized into flexible and rigid foams depending upon their cell geometry, such as open cells or closed cells. They provide insulation and protection to materials against abrasion, temperature, moisture, impact, and corrosion. Moreover, foams offer numerous benefits owing to their lightweight, non-toxic, and hypoallergenic nature. As a result, they find extensive applications across diverse industry verticals, such as furniture, construction, packaging, electronics, aerospace, medical, etc.

India Foam Market Trends:

Significant growth in the construction and building industry, along with the rising demand for foam in the furnishing sector, is primarily driving the market growth in India. In line with this, extensive utilization of various home furnishing products, such as foam-based mattresses, pillowcases, bed linens, etc., that offer superior comfort through even distribution of pressure and body weight, is further proliferating the product demand. Additionally, the growing adoption of foam in the packaging industry to protect fragile, high-value, and sensitive products is also escalating the market growth in the country. Moreover, foam is gaining prominence for manufacturing numerous automobile components, such as passenger safety parts, seats, bumpers, and other exterior parts, which further aid in enhancing the overall fuel efficiency of the vehicle. Besides this, the rising environmental concerns towards the adverse impact of plastics are fueling the demand for bio-based polyols that are used for manufacturing polyurethane foam and have minimal carbon emissions. In the coming years, the emergence of several innovative product variants, such as flame-retardant foam, UV stable foam, acoustic absorption foam, reticulated foam, etc., will continue to drive the India foam market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India foam market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on category, type and application.

Breakup by Category:

  • Flexible Foam
  • Rigid Foam
     

Breakup by Type:

  • Polyurethane
  • Polystyrene
  • Polyolefin
  • Phenolic
  • PET
  • Others
     

Breakup by Application:

  • Furniture
  • Automotive
  • Building and Construction
  • Apparels
  • Packaging
  • Appliances
  • Others
     

Breakup by Region:

  • South India
  • North India
  • West and Central India
  • East and North East-India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Alpha Foam Ltd., Ankit Polymers, Goldcoin Foam Pvt. Ltd., IRE-TEX Premier India Pvt. Ltd., Jumax Foam Pvt Ltd, M.H. Polymers Pvt. Ltd., Premratan Concast Pvt Ltd. (PyareLal Group Of Industries), Royal EPE Foam Private Limited, Sarva Foam Industries Pvt. Ltd, Sheela Foam Limited, and Tirupati Foam Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Category, Type, Application, Region
Region Covered South India, North India, West and Central India, East and North East-India
Companies Covered Alpha Foam Ltd., Ankit Polymers, Goldcoin Foam Pvt. Ltd., IRE-TEX Premier India Pvt. Ltd., Jumax Foam Pvt Ltd, M.H. Polymers Pvt. Ltd., Premratan Concast Pvt Ltd. (PyareLal Group Of Industries), Royal EPE Foam Private Limited, Sarva Foam Industries Pvt. Ltd, Sheela Foam Limited, and Tirupati Foam Limited.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 2999
Corporate License: US$ 3499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    India Foam Industry
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Category
    6.1    Flexible Foam
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Rigid Foam
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Type
    7.1    Polyurethane
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Polystyrene
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Polyolefin
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Phenolic
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    PET
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Application
    8.1    Furniture
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Automotive
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Building and Construction
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Apparels
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Packaging
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Appliances
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others
        8.7.1 Market Trends
        8.7.2 Market Forecast
9    Market Breakup by Region
    9.1    South India
        9.1.1 Market Trends
        9.1.2 Market Breakup by State
        9.1.3 Market Forecast
    9.2    North India
        9.2.1 Market Trends
        9.2.2 Market Breakup by State
        9.2.3 Market Forecast
    9.3    West and Central India
        9.3.1 Market Trends
        9.3.2 Market Breakup by State
        9.3.3 Market Forecast
    9.4    East and North-East India
        9.4.1 Market Trends
        9.4.2 Market Breakup by State
        9.4.3 Market Forecast
10   SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13     Price Analysis
14     Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Alpha Foam Ltd.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2     Ankit Polymers
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Goldcoin Foam Pvt. Ltd.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    IRE-TEX Premier India Pvt. Ltd.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Jumax Foam Pvt Ltd 
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    M.H. Polymers Pvt. Ltd.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Premratan Concast Pvt Ltd. (PyareLal Group Of Industries)
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Royal EPE Foam Private Limited
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Sarva Foam Industries Pvt. Ltd 
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Sheela Foam Limited
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Tirupati Foam Limited
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials

List of Figures

Figure 1: India: Foam Market: Major Drivers and Challenges
Figure 2: India: Foam Market: Sales Value (in Billion US$), 2016-2021
Figure 3: India: Foam Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: India: Foam Market: Breakup by Category (in %), 2021
Figure 5: India: Foam Market: Breakup by Type (in %), 2021
Figure 6: India: Foam Market: Breakup by Application (in %), 2021
Figure 7: India: Foam Market: Breakup Region (in %), 2021
Figure 8: India: Foam (Flexible Foam) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: India: Foam (Flexible Foam) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: India: Foam (Rigid Foam) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: India: Foam (Rigid Foam) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: India: Foam (Polyurethane) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: India: Foam (Polyurethane) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: India: Foam (Polystyrene) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: India: Foam (Polystyrene) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: India: Foam (Polyolefin) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: India: Foam (Polyolefin) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: India: Foam (Phenolic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: India: Foam (Phenolic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: India: Foam (PET) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: India: Foam (PET) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: India: Foam (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: India: Foam (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: India: Foam (Furniture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: India: Foam (Furniture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: India: Foam (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: India: Foam (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: India: Foam (Building and Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: India: Foam (Building and Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: India: Foam (Apparels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: India: Foam (Apparels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: India: Foam (Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: India: Foam (Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: India: Foam (Appliances) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: India: Foam (Appliances) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: India: Foam (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: India: Foam (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: South India: Foam Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: South India: Foam Market: Breakup by State (in %), 2021
Figure 40: South India: Foam Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: North India: Foam Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: North India: Foam Market: Breakup by State (in %), 2021
Figure 43: North India: Foam Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: West and Central India: Foam Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: West and Central India: Foam Market: Breakup by State (in %), 2021
Figure 46: West and Central India: Foam Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: East and North-East India: Foam Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: East and North-East India: Foam Market: Breakup by State (in %), 2021
Figure 49: East and North-East India: Foam Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Foam Market Industry: SWOT Analysis
Figure 51: Foam Market Industry: Value Chain Analysis 
Figure 52: India: Foam Market Industry: Porters Five Forces Analysis

List of Tables

Table 1: India: Foam Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Foam Market: Breakup by Category (in Million US$), 2016 & 2021
Table 3: India: Foam Market Forecast: Breakup by Category (in Million US$), 2022-2027
Table 4: India: Foam Market: Breakup by Type (in Million US$), 2016 & 2021
Table 5: India: Foam Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 6: India: Foam Market: Breakup by Application (in Million US$), 2016 & 2021
Table 7: India: Foam Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 8: India: Foam Market: Breakup by Region (in Million US$), 2016 & 2021
Table 9: India: Foam Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 10: India: Foam Industry: Market Structure 
Table 11: India: Foam Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Key Questions Answered in This Report

The India foam market was valued at US$ 7.17 Billion in 2021.

We expect the India foam market to exhibit a CAGR of 5.0% during 2022-2027.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations resulting in the temporary closure of numerous end-use industries for foam across the nation.

The rising demand for foam in the furnishing sector for manufacturing various home furnishing products, such as foam-based mattresses, pillowcases, bed linens, etc., that offer superior comfort through even distribution of pressure and body weight, is primarily driving the India foam market.

Based on the category, the India foam market can be divided into flexible foam and rigid foam. Currently, flexible foam accounts for the largest market share.

Based on the type, the India foam market has been segmented into polyurethane, polystyrene, polyolefin, phenolic, PET, and others. Among these, polyurethane currently exhibits a clear dominance in the market.

 

Based on the application, the India foam market can be bifurcated into furniture, automotive, building and construction, apparels, packaging, appliances, and others. Currently, the furniture industry holds the majority of the total market share.

On a regional level, the market has been classified into South India, North India, West and Central India, and East and North East-India, where South India currently dominates the India foam market.

Some of the major players in the India foam market include Alpha Foam Ltd., Ankit Polymers, Goldcoin Foam Pvt. Ltd., IRE-TEX Premier India Pvt. Ltd., Jumax Foam Pvt Ltd, M.H. Polymers Pvt. Ltd., Premratan Concast Pvt Ltd. (PyareLal Group Of Industries), Royal EPE Foam Private Limited, Sarva Foam Industries Pvt. Ltd, Sheela Foam Limited, and Tirupati Foam Limited.

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links

4