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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.
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