India Medical Foam Market Size & Outlook, 2024-2030
India medical foam market, 2018-2030 (US$M)
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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 2019 | USD 579.2 million |
| Market revenue in 2027 | USD 1,250.9 million |
| Growth rate | 10.1% (CAGR from 2019 to 2027) |
| Largest segment | Flexible foam |
| Fastest growing segment | Spray Foam |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flexible Foam, Rigid Foam, Spray Foam |
| Key market players worldwide | 3M 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 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 2024. 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 2018 to 2030.
- India Medical Foam Foam Type Outlook (Revenue, USD Million, 2018-2030)
- Flexible Foam
- Rigid Foam
- Spray Foam
- India Medical Foam Product Outlook (Revenue, USD Million, 2018-2030)
- Polyurethane (PU)
- Polystyrene (PS)
- Polyolefin
- Polyvinyl chloride (PVC)
- Other Product
- India Medical Foam Application Outlook (Revenue, USD Million, 2018-2030)
- Bedding & Cushioning
- Medical Packaging
- Medical Devices & Components
- Prosthetics & Wound Care
- Other Application
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Target buyers of India medical foam market databook
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Our clientele includes a mix of medical foam market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India medical foam market size, by foam type, 2018-2030 (US$M)
India Medical Foam Market Share, 2024 & 2030 (US$M)
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