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North America Flexible Foam Market Size

  • Report ID: GMI5234
  • Published Date: Nov 2024
  • Report Format: PDF

North America Flexible Foam Market Size

North America Flexible Foam Market was valued at USD 8.3 billion in 2023 and is predicted to grow at a CAGR of over 5.8% from 2024 to 2032. In North America, demand for comfort-oriented products like memory foam mattresses, pillows, and upholstered furniture is rising. Consumers are focusing on ergonomic designs and products that enhance sleep quality and comfort. This trend boosts the demand for flexible foams such as memory foam, high-resilience foam, and latex foam. The preference for luxury and premium mattresses has also increased the use of high-performance foams in the furniture and bedding sectors.

 

Furthermore, the automotive industry significantly drives the flexible foam market in North America. Manufacturers are using lightweight materials like flexible foams to meet fuel efficiency standards and reduce vehicle weight. Flexible foams are widely used in automotive seats, headrests, armrests, and interior components for comfort, insulation, and weight reduction. Moreover, the growth of e-commerce and online shopping has also increased the demand for protective packaging materials. Flexible foams, especially polyethylene (PE) and polyurethane (PU) foams, are commonly used to cushion and protect fragile items during shipping, particularly in electronics, consumer goods, and automotive parts.
 

As a result, The North America flexible foam market is witnessing robust growth, fueled by heightened demand in the furniture and bedding sectors, a surging automotive industry, an emphasis on energy-efficient construction and insulation, a rapid expansion in e-commerce and packaging, and technological innovations in flexible foam.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The North America flexible foam market was reached USD 8.3 billion in 2023 and is projected to grow at a 5.8% CAGR from 2024 to 2032, driven by rising demand for comfort-oriented products.

The polyurethane segment accounted for approximately USD 4.1 billion in revenue in 2023 and is expected to grow at a 6.1% CAGR from 2024 to 2032, owing to its versatility and cost-effectiveness.

The U.S. flexible foam market reached over USD 6.7 billion in 2023 and is expected to grow at a CAGR of 5.8% from 2024 to 2032, driven by increasing demand in furniture, bedding, automotive, and transportation.

Major players in the North America flexible foam market include American Excelsior, BASF, Covestro, Dow, Foam Creations, Foamco, General Plastics, Heubach, Huntsman, Poly Labs, Recticel, Rogers Foam, Saint-Gobain, VPC Group, and Wisconsin Foam Products.

North America Flexible Foam Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 180
  • Countries covered: 2
  • Pages: 220
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