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Global Expanded Polystyrene Packaging Market 2016-2020

  • Published: Mar 2016
  • Pages: 69
  • SKU: IRTNTR9153
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This market research report provides a comprehensive analysis of the global EPS packaging market by application (food and beverage, electronic appliances, healthcare, and others). It outlines the market shares for key regions such as APAC, Europe, North America, and ROW. It outlines the key drivers, trends, and challenges along with their impact on this market. The key vendors analyzed in this report are BASF, INEOS, Kaneka, SABIC, and Synthos.

Market overview of expanded polystyrene packaging

Technavio’s research analyst predicts the global expanded polystyrene (EPS) packaging market to grow at a CAGR of close to 7% during the forecast period. The high recycling rate of EPS makes it a more suitable material used for packaging compared to other plastic packaging materials. Polystyrene, EPS, acrylonitrile butadiene styrene (ABS), styrene-acrylonitrile (SAN) resins and thermoplastic elastomers are the major plastic products used for different packaging applications. Out of these products, EPS has the highest recycling rate of 15%. Recycled EPS can be used for foam packaging and also for making products such as CD cases and coat hangers. Moreover, it is less harmful to the environment compared to other plastic packaging materials used for the same applications.

The growth of the takeout and delivery industry is expected to aid the growth of the EPS packaging market by the end of 2020. EPS packaging has numerous applications in this industry in the form of foam trays, EPS containers, packaging services, and EPS for dunnage. Investments in the food ordering industry have increased by nearly 13 times from 2013 to 2014. Also, the growth of the e-commerce industry will further encourage the prospects of the EPS packaging industry.

Competitive landscape and key vendors

The global EPS market is competitive and has the presence of both well-diversified global and regional vendors. The competition among these providers has intensified in the market based on product differentiation such as standard EPS for packaging and molding applications and EPS used in cushion packaging materials.

The leading vendors in the market are -

  • BASF
  • INEOS
  • Kaneka
  • SABIC
  • Synthos

Other prominent vendors in the market include ACH Foam Technologies, Alpek SAB de CV, Jackon, Knauf, Monotez, Nova Chemicals, Owens Corning, SC Adeplast, Sunpor Kunststoff, Styrochem, Total SA, and Versalis.

Segmentation by application and analysis of the EPS packaging market

  • Food and beverage
  • Electronic appliances
  • Healthcare
  • Others

The electronic appliances industry accounted for the majority of the market share during 2015. EPS packaging is used to package small to large electronic appliances like blenders and washing machines, and electronic products like personal computers and scanners. The shock absorption and lightweight properties of EPS makes it as a preferred choice for packaging applications among companies in this industry. Also, with the use of EPS packaging, the impact of force and stress on appliances that are packed is almost negligible due to the presence of cushioning elements.

Geographical segmentation and analysis of the EPS packaging market

  • APAC
  • Europe
  • North America
  • ROW

The APAC region led the global market during 2015, accounting for a market share of around 44%. Growing demand for EPS for packaging applications in the electronic appliances industry in China is one of the major reason for the growth of the market in APAC. India, Philippines, and Malaysia are the other major contributors in this region.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global EPS packaging market?
  • What are the key market trends impacting the growth of the EPS packaging market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the vendors in the global EPS packaging market?
  • What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
  • What are the key outcomes of the five forces analysis of the EPS packaging market?

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation  by application

  • Global EPS packaging market by application
  • Global EPS packaging market by electronic appliances industry
  • Global EPS packaging market by food and beverage industry
  • Global EPS packaging market by healthcare industry
  • Global EPS packaging market by other industries

PART 07: Geographical segmentation

  • Global EPS packaging market by geography
  • EPS packaging market in APAC
  • EPS packaging market in North America
  • EPS packaging market in Europe
  • EPS packaging market in ROW

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

  • Competitive scenario
  • BASF
  • INEOS
  • Kaneka
  • SABIC
  • Synthos
  • Other prominent vendors

PART 14: Appendix

  • List of abbreviations

PART 15: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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