India Medical Foam Market Size & Outlook, 2019-2027

The medical foam market in India is expected to reach a projected revenue of US$ 1,250.9 million by 2027. A compound annual growth rate of 10.1% is expected of India medical foam market from 2020 to 2027.
Revenue, 2019 (US$M)
$579.2
Forecast, 2027 (US$M)
$1,250.9
CAGR, 2020 - 2027
10.1%
Report Coverage
India

India medical foam market highlights

  • The India medical foam market generated a revenue of USD 579.2 million in 2019 and is expected to reach USD 1,250.9 million by 2027.
  • The India market is expected to grow at a CAGR of 10.1% from 2020 to 2027.
  • In terms of segment, flexible foam was the largest revenue generating foam type in 2019.
  • Spray Foam is the most lucrative foam type segment registering the fastest growth during the forecast period.

Medical foam market data book summary

Market revenue in 2019USD 579.2 million
Market revenue in 2027USD 1,250.9 million
Growth rate10.1% (CAGR from 2019 to 2027)
Largest segmentFlexible foam
Fastest growing segmentSpray Foam
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationFlexible Foam, Rigid Foam, Spray Foam
Key market players worldwide3M Co, Huntsman Corp, Sekisui Chemical Co Ltd, UFP Technologies Inc, Avery Dennison Corp, Rogers Foam Corporation, General Plastics Mfg. Co., Foamtec Medical, Zotefoams

Other key industry trends

  • In terms of revenue, India accounted for 2.7% of the global medical foam market in 2019.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Asia Pacific, China medical foam market is projected to lead the regional market in terms of revenue in 2027.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,250.9 million by 2027.

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Medical Foam Market Scope

Medical foam market segmentation & scope
Flexible Foam
Rigid Foam
Spray Foam
Polyurethane (PU)
Polystyrene (PS)
Polyolefin
Polyvinyl chloride (PVC)
Others
Bedding & Cushioning
Medical Packaging
Medical Devices & Components
Prosthetics & Wound Care
Others

Medical Foam Market Companies

Name Profile # Employees HQ Website

India medical foam market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical foam market will help companies and investors design strategic landscapes.


Flexible foam was the largest segment with a revenue share of 55.47% in 2019. Horizon Databook has segmented the India medical foam market based on flexible foam, rigid foam, spray foam covering the revenue growth of each sub-segment from 2016 to 2027.


  • India Medical Foam Foam Type Outlook (Revenue, USD Million, 2016-2027)
    • Flexible Foam
    • Rigid Foam
    • Spray Foam
  • India Medical Foam Product Outlook (Revenue, USD Million, 2016-2027)
    • Polyurethane (PU)
    • Polystyrene (PS)
    • Polyolefin
    • Polyvinyl chloride (PVC)
    • Others
  • India Medical Foam Application Outlook (Revenue, USD Million, 2016-2027)
    • Bedding & Cushioning
    • Medical Packaging
    • Medical Devices & Components
    • Prosthetics & Wound Care
    • Others

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Target buyers of India medical foam market databook

  • Our clientele includes a mix of medical foam market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the India medical foam market, including forecasts for subscribers. This country databook contains high-level insights into India medical foam market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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India medical foam market size, by foam type, 2016-2027 (US$M)

India Medical Foam Market Share, 2019 & 2027 (US$M)

India medical foam market size, by foam type, 2016-2027 (US$M)

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