China Expanded Polypropylene Foam Market Size & Outlook
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China expanded polypropylene foam market highlights
- The China expanded polypropylene foam market generated a revenue of USD 165.0 million in 2024 and is expected to reach USD 389.0 million by 2033.
- The China market is expected to grow at a CAGR of 9.9% from 2025 to 2033.
- In terms of segment, high density was the largest revenue generating product in 2024.
- High Density is the most lucrative product segment registering the fastest growth during the forecast period.
Expanded polypropylene foam market data book summary
| Market revenue in 2024 | USD 165.0 million |
| Market revenue in 2033 | USD 389.0 million |
| Growth rate | 9.9% (CAGR from 2025 to 2033) |
| Largest segment | High density |
| Fastest growing segment | High Density |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High Density, Low Density, Medium Density |
| Key market players worldwide | JSP Corp, Basf SE, Kaneka Corp, DS Smith PLC, Furukawa Electric Co Ltd, Hanwha, Sonoco Products Co, Knauf, Crown Holdings Inc |
Other key industry trends
- In terms of revenue, China accounted for 14.3% of the global expanded polypropylene foam market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China expanded polypropylene foam market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 389.0 million by 2033.
High density was the largest segment with a revenue share of 47.21% in 2024. Horizon Databook has segmented the China expanded polypropylene foam market based on high density, low density, medium density covering the revenue growth of each sub-segment from 2021 to 2033.
The cost of production of EPP in China is much less than the rest of the world owing to the easy availability of raw materials and low worker wages. The increasing awareness in society regarding environmental issues and the adoption of new regulatory requirements for the recycling of packaging materials are expected to propel the demand for EPP packaging, as EPP is 100% recyclable.
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Expanded Polypropylene Foam Market Scope
Expanded Polypropylene Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| JSP Corp | View profile | 3282 | 4-2, 3-chome Marunouchi, Shi-Nisseki Building, Chiyoda-ku, Tokyo, Japan, 100-0005 | https://www.co-jsp.co.jp |
| Knauf | View profile | 51-100 | Utrecht, Utrecht, The Netherlands, Europe | https://knauf.be/nl |
| DS Smith PLC | View profile | 29672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | https://www.dssmith.com |
| Kaneka Corp | View profile | 13284 | 3-2-4, Nakanoshima, Kita-ku, Osaka, Japan, 530-8288 | http://www.kaneka.co.jp |
| Hanwha | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.hanwhacorp.co.kr/eng/index.jsp |
| Crown Holdings Inc | View profile | 25000 | 14025 Riveredge Drive, Suite 300, Tampa, FL, United States, 33637-2015 | https://www.crowncork.com |
| Furukawa Electric Co Ltd | View profile | 51314 | Marunouchi Nakadori Building, 2-3, Marunouchi 2-chome, Chiyodaku, Tokyo, Japan, 100-8322 | http://www.furukawa.co.jp |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Sonoco Products Co | View profile | 23000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | http://www.sonoco.com |
China expanded polypropylene foam market size, by product, 2021-2033 (US$M)
China Expanded Polypropylene Foam Market Outlook Share, 2024 & 2033 (US$M)
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