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Expanded Polystyrene Market for Packaging by Application and Geography - Global Forecast and Analysis 2019-2023

Global Expanded Polystyrene Market for Packaging:

About this market

Technavio’s expanded polystyrene packaging market analysis considers sales from electronic appliances, food and beverages, healthcare, and others. Our analysis also considers the sales of expanded polystyrene packaging in APAC, Europe, North America, South America, and MEA. In 2018, the electronic appliances segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing global consumer electronics and smart gadgets will play a significant role in the electronic appliances segment to maintain its market position. Also, our global expanded polystyrene packaging market report looks at factors such as environmental benefits associated with expanded polystyrene, growth of the e-commerce sector, and high rate of recycling of expanded polystyrene. However, popularity of bioplastic packaging, presence of stringent regulations related to use of expanded polystyrene for packaging, and popularity of substitutes may hamper the growth of the expanded polystyrene packaging industry over the forecast period.

Global Expanded Polystyrene Market for Packaging: Overview

The high rate of recycling of expanded polystyrene

Expanded polystyrene is the most sustainable packaging format, as it is mostly manufactured using recyclable materials. Expanded polystyrene uses styrene monomer as its base material. The recyclability of expanded polystyrene is considered economically viable and can be used again in the same applications. The sustainable features of expanded polystyrene will lead to the expansion of the global expanded polystyrene packaging market at a CAGR of almost 6% during the forecast period.

Growing demand for lightweight containers and packaging

The demand for expanded polystyrene for packaging in industries such as food and beverage, healthcare, and electronic appliances is continuously evolving. Lightweight containers and packaging help reduce the environmental impact of consumer packaging and support enterprises to contribute to sustainability. In the transportation and warehousing industries, lightweight containers and packaging are in high demand as they reduce fuel consumption and operational costs. This demand for lightweight containers and packaging is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global expanded polystyrene packaging market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global expanded polystyrene packaging market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading expanded polystyrene packaging manufacturers, that include Alpek SAB de CV, BASF SE, Kaneka Corp., NOVA Chemicals Corp., SABIC, Sunpor Kunststoff GmbH, Synthos SA, The JACKON GROUP, Versalis Spa.

Also, the expanded polystyrene packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendors: Key product offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global polymer market
      • Table Segments of global polymer market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Electronic appliances - Market size and forecast 2018-2023
      • Table Electronic appliances - Market size and forecast 2018-2023 ($ millions)
      • Table Electronic appliances - Year-over-year growth 2019-2023 (%)
    • Food and beverages - Market size and forecast 2018-2023
      • Table Food and beverages - Market size and forecast 2018-2023 ($ millions)
      • Table Food and beverages - Year-over-year growth 2019-2023 (%)
    • Healthcare - Market size and forecast 2018-2023
      • Table Healthcare - Market size and forecast 2018-2023 ($ millions)
      • Table Healthcare - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growth of food delivery and takeaway market
    • Growing demand for lightweight containers and packaging
    • Increasing number of M&A
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Alpek SAB de CV
      • Table Alpek SAB de CV - Vendor overview
      • Table Alpek SAB de CV - Business segments
      • Table Alpek SAB de CV - Organizational developments
      • Table Alpek SAB de CV - Geographic focus
      • Table Alpek SAB de CV - Segment focus
      • Table Alpek SAB de CV - Key offerings
    • BASF SE
      • Table BASF SE - Vendor overview
      • Table BASF SE - Business segments
      • Table BASF SE - Organizational developments
      • Table BASF SE - Geographic focus
      • Table BASF SE - Segment focus
      • Table BASF SE - Key offerings
    • Kaneka Corp.
      • Table Kaneka Corp. - Vendor overview
      • Table Kaneka Corp. - Business segments
      • Table Kaneka Corp. - Organizational developments
      • Table Kaneka Corp. - Geographic focus
      • Table Kaneka Corp. - Segment focus
      • Table Kaneka Corp. - Key offerings
    • NOVA Chemicals Corp.
      • Table NOVA Chemicals Corp. - Vendor overview
      • Table NOVA Chemicals Corp. - Business segments
      • Table NOVA Chemicals Corp. - Organizational developments
      • Table NOVA Chemicals Corp. - Key offerings
    • SABIC
      • Table SABIC - Vendor overview
      • Table SABIC - Business segments
      • Table SABIC - Organizational developments
      • Table SABIC - Geographic focus
      • Table SABIC - Segment focus
      • Table SABIC - Key offerings
    • Sunpor Kunststoff GmbH
      • Table Sunpor Kunststoff GmbH - Vendor overview
      • Table Sunpor Kunststoff GmbH - Product segments
      • Table Sunpor Kunststoff GmbH - Key offerings
    • Synthos SA
      • Table Synthos SA - Vendor overview
      • Table Synthos SA - Business segments
      • Table Synthos SA - Organizational developments
      • Table Synthos SA - Geographic focus
      • Table Synthos SA - Segment focus
      • Table Synthos SA - Key offerings
    • The JACKON GROUP
      • Table The JACKON GROUP - Vendor overview
      • Table The JACKON GROUP - Business segments
      • Table The JACKON GROUP - Organizational developments
      • Table The JACKON GROUP - Key offerings
    • TOTAL SA
      • Table TOTAL SA - Vendor overview
      • Table TOTAL SA - Business segments
      • Table TOTAL SA - Organizational developments
      • Table TOTAL SA - Geographic focus
      • Table TOTAL SA - Segment focus
      • Table TOTAL SA - Key offerings
    • Versalis Spa
      • Table Versalis Spa - Vendor overview
      • Table Versalis Spa - Business segments
      • Table Versalis Spa - Organizational developments
      • Table Versalis Spa - Geographic focus
      • Table Versalis Spa - Segment focus
      • Table Versalis Spa - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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