Packaging Foams Market Size

Packaging Foams Market size is estimated at USD 19 billion in 2024 and is likely to cross USD 35.7 billion by the end of 2037, growing at more than 5.4% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of packaging foams is assessed at USD 20 billion.

Key factors driving the packaging foams market growth include the expansion of the e-commerce sector that demands protective packaging to safeguard products during transit. This is further escalated by the rising number of online shopping that require high-quality packaging of electronics and pharmaceuticals. While the healthcare sector demands secure and sterile packaging, consumer electronics and appliances require cushioned and protective packaging. Recent advancements in the market are reflecting a significant focus on sustainability, as companies try to meet environmental regulations. For instance, in July 2022, Sealed Air announced the launch of the BUBBLE WRAP brand paper bubble mailer which is a fiber-based padded mailer that can be recycled in bins.