UK Expanded Polypropylene Foam Market Size & Outlook
UK expanded polypropylene foam market, 2018-2030 (US$M)
Related Markets
UK expanded polypropylene foam market highlights
- The UK expanded polypropylene foam market generated a revenue of USD 35.4 million in 2022 and is expected to reach USD 81.4 million by 2030.
- The UK market is expected to grow at a CAGR of 11% from 2023 to 2030.
- In terms of segment, high density was the largest revenue generating product in 2022.
- 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 2022 | USD 35.4 million |
| Market revenue in 2030 | USD 81.4 million |
| Growth rate | 11% (CAGR from 2022 to 2030) |
| Largest segment | High density |
| Fastest growing segment | High Density |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| 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, UK accounted for 3.6% of the global expanded polypropylene foam market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany expanded polypropylene foam market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 121.6 million by 2030.
High density was the largest segment with a revenue share of 42.09% in 2022. Horizon Databook has segmented the UK expanded polypropylene foam market based on high density, low density, medium density covering the revenue growth of each sub-segment from 2018 to 2030.
The UK consumer appliances industry witnessed a significant growth in terms of sales volume in 2016. Major appliances such as refrigeration and cooking appliances were the key growth drivers. Growth in consumer electronics segment is likely to be a key driver for the growth of EPP market in this region.
The growth of the housing industry in the UK is likely to be a key driver that is likely to propel the demand for consumer goods over the forecast period. The effects of Brexit have affected the UK market significantly. Industrial growth in Europe has slowed down due to uncertainties and the political instability in Europe, which has also affected the confidence of investors.
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Expanded Polypropylene Foam Market Scope
Expanded Polypropylene Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK expanded polypropylene foam market size, by product, 2018-2030 (US$M)
UK Expanded Polypropylene Foam Market Outlook Share, 2022 & 2030 (US$M)
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