Global Foam Industry Key Statistics 2022

Here is a list of key statistics, facts and indicators (+infographic) for the global foam industry derived from the top sources for 2022.

Foam industry is one of the leading industries in the world. It’s because foam is widely used in various industries such as furniture, automobile, sports, entertainment, packaging, footwear, construction, healthcare, aerospace etc. The rising demand of foam globally is largely due to the growth of these end-user industries.

During the Covid-19 lockdown, there was an exponential rise in foam demand especially in the medical and bedding industry, paired with shortage of foam supply - which became very challenging that resulted in extended delivery times. However this disruption of foam supply is now being restored to a great extent across the globe.

Additionally, due to significant increase in investments on infrastructure, housing and residential projects in the APAC region has further boosted the foam market growth.

Below are some key statistics of the global foam industry to watch out for in 2022 and where it is heading towards.

GLOBAL FOAM INDUSTRY KEY STATISTICS

• The worldwide foam industry is expected to reach $118.9 billion by 2026 at a CAGR of 4.8% from 2021
• Building & construction is projected to be the largest end-use industry of foam market
• Polyurethane is the largest foam type segment of the foam market
• APAC is the largest market for foam during 2021-2026
• Global mattress market to be worth around $41.64 billion by 2028
• Global packaging foam market was valued at US$ 6.6 billion in 2022 and is projected to record a CAGR of 5.7%
• Global polyurethane foams market is projected to grow from USD 42.8 billion in 2021 to USD 61.5 billion by 2026, at a CAGR of 7.5% from 2021 to 2026