Loose Fill Polystyrene Packaging Market Report, by Application (Consumer Goods Packaging, Pharmaceutical Packaging, Cosmetics & Personal Care Products Packaging, Others) - Size, Share, Trends, and Forecast till 2025

  • Report code : CMI172130 |
  • Industry :

    Packaging

  • Published On : Sep 2018 |
  • Pages : 50 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Global Loose Fill Polystyrene Packaging Market – Insights

Loose fill packaging is important for safe shipping of packaged goods, as they fill empty spaces in the box and prevent products from moving during transportation. There are various types of loose fill packaging material available in the market including biodegradable, recyclable, and environmental friendly filling material. Rising awareness regarding environmental concerns has led to popularity of these grade of polystyrene loose fill packaging worldwide. For instance, Topa Packaging, manufactures a biodegradable expanded polystyrene (EPS) loose fill material under the brand name Flo-Pak Green.

Rapidly growing packaging industry is propelling growth of the global loose fill polystyrene packaging market. For instance, according to the data provided by the Central Government of India, the packaging industry was pegged at US$ 25 Bn in 2016 and is expected to reach US$ 30 Bn by 2020, at a growth rate of 15% per annum. Thus, the overall growth of the packaging industry is anticipated to support the market growth of loose fill polystyrene packaging market as well.

Furthermore, rising internet penetration rate, coupled with shifting consumer preference from offline retail channels to e-commerce are driving growth of online retailing which in turn, is supporting growth of the loose fill polystyrene packaging market. For instance, according to the data provided by the Internet World Stats, the total number of internet users has increased from 3,079 million in 2014, to 4,157 million in 2017. In the total count of internet users around the world, Asia Pacific and Europe contributed 48.7% and 17.0 % share, respectively, in 2017, according to the Internet World Stats.

Figure 1. Global Loose Fill Polystyrene Packaging Market Share (%), By Application, 2017

Source: Coherent Market Insights, 2017-18

Based on application, the market is segmented into consumer goods packaging, pharmaceutical packaging, cosmetics & personal care products packaging, and others (handicrafts, stationary, and office supplies). In 2017, consumer goods packaging segment dominated the market and is anticipated to maintain its position during the forecast period. This dominance is attributed to rising sales of consumer goods worldwide. According to the National Bureau of Statistics of China, in 2017, total retail sales of consumer goods, in China reached US$ 508.9 Mn, and it was 9.4% higher than the previous year.

Figure2. Global Loose Fill Polystyrene Packaging Market Share (%), by Region, 2016

Source: Coherent Market Insights, 2017-18

Asia Pacific held the dominant position, in terms of revenue share, in the global loose fill polystyrene packaging market in 2017 and represented a market share of 44.1%. Rapidly growing end-use industries such as pharmaceuticals, cosmetics, and personal care industry in the region is leading to growth of the market in the region. For instance, according to the data provided by the International Trade Administration (ITA), in Japan, total market for cosmetics and personal care products was valued at US$ 13.2 Bn, in 2015.

Furthermore, increasing demand for pharmaceutical products is majorly driven by steadily growing geriatric population in Asia Pacific. According to the World Bank, growth rate of the geriatric population in East Asia is higher as compared to other parts of Asia Pacific. In 2010, over 211 million residents were recorded under the category of geriatric population in East Asia, out of which, China accounted for 130 million residents. Growing pharmaceutical industry is anticipated to support demand for loose fill polystyrene packaging for application pharmaceutical sector.

Mergers & acquisitions, strategic business collaboration, and product development are the key business strategies adopted by major players in the market to retain their presence. For instance, in December 2015, Storopack Inc. announced a business deal with Sealed Air Corp. and CPI, to enhance its existing business of loose fill packaging in the U.S. and Canada.

Major players operating in the global loose fill polystyrene packaging market include Alsamex Products Ltd., Nefab Group, XPAC Technologies Pte Ltd., Salazar Packaging Inc., Storopack Inc., Free-Flow Packaging International Inc., Imperial Dade, Samuel Grant Group Ltd., and Styro Tech Ltd.

Loose fill packaging materials offer cost-effective protection to lightweight products against vibration or shock during handling or shipping. This packaging material is flexible and therefore, fills the empty spaces in the outer packaging.

Polystyrene is conventionally used as a raw material for loose fill packaging. It is most widely used to fill the space around fragile goods in cardboard boxes, in order to ensure the safe delivery of products during shipping.

Market Dynamics

Rapid growth of online retailing is considered as a major factor for growth of the market as it requires effective packaging solutions. For instance, according to the data provided by the European Union, around 68% of internet users in Europe, shopped online in 2017. Over 8 out of 10 internet users in the U.K., had ordered or bought goods or services over the internet in 2017, according to the European Union. Thus, rising e-retailing sector is anticipated to fuel the market growth.

Further, rising number of telephone users worldwide is another factor contributing in the growth of the e- retailing sales and thus, supporting the growth of loose fill polystyrene packaging market as well. For instance, according to data provided by the US Department of Commerce, in 2017, 62% of the total mobile phone users in Malaysia used their devices to shop online.

Key features of the study:

  • This report provides in-depth analysis of the loose fill polystyrene packaging market, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018 – 2025)
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
  • It profiles leading players in the global loose fill polystyrene packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
  • The global loose fill polystyrene market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, new entrants, and financial analysts
  • Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the loose fill polystyrene packaging market

Detailed Segmentation:

  • Global Loose Fill Polystyrene Packaging Market, By Application:
    • Consumer Goods Packaging
    • Pharmaceutical packaging
    • Cosmetics & Personal Care Products Packaging
    • Others (Handicrafts, Stationary, Office Supplies)
  • Global Loose Fill Polystyrene Packaging Market, By Geography:
    • North America
      • U.S.
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Canada
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
    • Europe
      • U.K.
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Germany
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Italy
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • France
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Spain
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Russia
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Rest of Europe
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
    • Asia Pacific
      • China
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • India
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Japan
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • ASEAN
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Australia
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • South Korea
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Rest of Asia Pacific
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
    • Latin America
      • Brazil
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Mexico
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Argentina
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Rest of Latin America
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
    • Africa
      • Northern Africa
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Central Africa
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • South Africa
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
    • Middle East
      • GCC
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Israel
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
      • Rest of Middle East
        • By Application:
          • Consumer Goods Packaging
          • Pharmaceutical packaging
          • Cosmetics & Personal Care Products Packaging
          • Others (Handicrafts, Stationary, Office Supplies)
  • Company Profiles
    • Alsamex Products Ltd.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Davpack
    • Nefab Group
    • XPAC Technologies Pte Ltd.
    • Salazar Packaging, Inc.
    • Storopack, Inc.
    • Free-Flow Packaging International, Inc.
    • Imperial Dade.
    • Samuel Grant Group Ltd.
    • Styro Tech Ltd.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Loose Fill Polystyrene Packaging Market, By Application, 2016 - 2025 (USD Million)
    • Introduction
      • Market Share Analysis, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, 2018 - 2025
      • Segment Trends
    • Consumer Goods Packaging
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2025, (USD Million)
    • Pharmaceutical Packaging
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2025, (USD Million)
    • Cosmetics & Personal Care Products Packaging
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2025, (USD Million)
    • Others (Handicrafts, Stationary, and Office Supplies)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2025, (USD Million)
  5. Global Loose Fill Polystyrene Packaging Market, By Region, 2016 - 2025 (USD Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, For Regions, 2016 - 2025
    • North America
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016 - 2025
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016 - 2025
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • France
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016 - 2025
        • China
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016 - 2025
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
    • Africa
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016 - 2025
        • Northern Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
    • Middle East
      • Market Share Analysis, By Country, 2017 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016 - 2025
        • GCC
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Application, 2016 - 2025 (USD Million)
  6. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Alsamex Products Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Davpack
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      •  Nefab Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • XPAC Technologies Pte Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Salazar Packaging, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Storopack, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Free-Flow Packaging International, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Imperial Dade
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Samuel Grant Group Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Styro Tech Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  7. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 80 market data tables* and 50 figures* on "Loose Fill Polystyrene Packaging Market” - Global forecast to 2025.

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
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Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
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