Global Foam Industry Key Statistics 2022

Here is a list of key statistics, facts and indicators (plus infographic) for the global foam industry, drawn from leading sources as of 2022.

The foam industry is one of the leading industries in the world, because foam is widely used across furniture, automotive, sports, entertainment, packaging, footwear, construction, healthcare and aerospace. Rising global demand for foam is largely driven by the growth of these end-user industries.

During the COVID-19 lockdown, foam demand rose sharply, especially in the medical and bedding sectors, while supply shortages led to extended delivery times. That supply disruption has since been largely restored across the globe.

Significant investment in infrastructure, housing and residential projects in the APAC region has further boosted the foam market.

Key statistics for the global foam industry (2022)

• The worldwide foam industry was projected to reach $118.9 billion by 2026, at a CAGR of 4.8% from 2021.
• Building and construction was projected to be the largest end-use industry of the foam market.
• Polyurethane is the largest foam-type segment of the market.
• APAC was the largest market for foam over 2021–2026.
• The global mattress market was projected to be worth around $41.64 billion by 2028.
• The global packaging foam market was valued at US$6.6 billion in 2022, with a projected CAGR of 5.7%.
• The global polyurethane foams market was projected to grow from US$42.8 billion in 2021 to US$61.5 billion by 2026, at a CAGR of 7.5%.

These figures reflect 2022 forecasts. For current requirements or trade enquiries, please contact our team.