Foam Mesh Sleeves Market
Foam Mesh Sleeves Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031
- Status: Ongoing
- October 2021
- Chemical & Materials
Foam Mesh Sleeves: Market Outlook
In the period of globalization, shipping has become an integral part of the supply chain and logistics around the world. Products require proper packaging, cushioning, padding and protection against any disruption in the transportation process.
Foam mesh sleeves are designed to provide cushioning and protection to products like fruits, vegetables, glass bottles and containers, etc. Foam mesh sleeves protect the item wrapped inside by providing padding and shock absorption. It also aids in air circulation and maintains a check on spoilage through the air vents. Foam mesh sleeves are forced to dynamic and static forces while moving. The foam surface helps to reduce friction against the other surface reducing the energy generated between them.
Edible items like fruits and vegetables have a low shelf life and are prone to decay easily if they undergo any abrasion or pressure during shipment. Foam mesh sleeves play an extremely useful role in the transference of fruits and vegetables.
What Are the Key Market Drivers Shaping the Consumption of Foam Mesh Sleeves?
Although, the food industry is facing is rapid developments and innovations, demand for freshly produced fruits and vegetables is growing across the world. Growing demand for fresh and organic produce in the market is giving rise to fruits and vegetable packaging.
Post-harvest damages are extremely fatal in fruits and vegetables, and it is posing challenges for supply chains which has to distribute the goods to the long distance around the world. Rough handling and packaging could result in bruising, moldy or even rotting of edibles. Foam mesh sleeves act as a protector for fruits and vegetable delivery.
Demographic factors like the growing population of the working class, rising demand for organic fresh produce and convenience food are some other factors shaping the demand for foam sleeves across the globe.
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What Are the Key Challenges That Can Restrain the Sales of Foam Mesh Sleeves?
According to United States Environmental Protection Agency, in 2018 containers and packaging contributed to the majority of Municipal waste that is around 82.2 million tons.
Food packaging not only increases the packaging waste but also gives rise to landfills and pollution. Governments across the world are focusing on reducing the usage of any form of single-use packaging and non-degradable packaging waste. Foam mesh sleeves are often made of Polyethylene (PE) and Polypropylene (PP) foam which are non-biodegradable and pose threat to the environment. Customers are focusing on the usage of eco-friendly material for fruits and vegetable packaging across the world and this can hamper the sales of foam mesh sales for packaging. Paper shreds, agricultural waste, paddy straws and coconut fiber are some eco-friendly variants that could be used as a replacement to foam mesh sleeves.
Competitive Landscape
Key players such as
- Pregis LLC
- Suyog Plastics
- Hefei Better Technology Co. Ltd.
- Unipack Pte Ltd.
- Paramount Packaging
- Industrial Netting
- Laizhou Pengzhou Packing Products Co. Ltd.
- Kamaksha Thermocol
- Indonet Plastic Industries
- Creative Protective Sdn Bhd
- and Sun Packaging
are few players which manufacture foam mesh sleeves.
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What Strategies Are Key Players Adopting to Increase Their Market Share in the Foam Mesh Sleeves Market?
Key players manufacturing foam mesh sleeves are continuously innovating the product by introducing attributes like expandability, diamond mesh, re-usability and more eco-friendly variants of foam mesh sleeves.
In April 2021, Pregis LLC, a manufacturer of protective packaging solutions announced two new manufacturing facilities in Texas, the US to support the company’s expansion and growth.
Why Is India Considered a Promising Player in Influencing the Market Growth for Foam Mesh Sleeve?
The Asia Pacific plays a huge role in shaping the foam mesh sleeve market due to the presence of cheap labour, innovative technology and a large consumer matter to cater to. Demand for imported fruits and vegetable is continuously increasing in India due to increasing vegan culture and health benefits of the same. Also due to highly flourishing food services and eateries, demand for foam mesh sleeves is expected to develop in India during the forecasted period.
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What is the Repercussion of the Pandemic on the Growth of the Foam Sleeves Market?
Bulk stocking and the panic purchase was observed from the customer’s end which leads to sales of fresh fruits and vegetables during the pandemic. E-commerce and tele-purchase were the prominent modes of purchase during the lockdown. However, foam mesh sleeves depleted in the year 2020-2021 due to the onset of the pandemic which is leading to gaps in the supply chain. However, the demand for the same is expected to rise in 2022 and beyond.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
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Key Segments of Foam Mesh Sleeves Market Covered in the Report
Based on Material, Foam Mesh Sleeves Market can be classified into:
- Expanded Polyethylene foam (EPE)
- Polyethylene (PE)
- Low-Density Poly Ethylene (LDPE)
- High Density Poly Ethylene (HDPE)
- Polypropylene (PP)
Based on Packaging Application, Foam Mesh Sleeves Market can be classified into:
- Fruits and Vegetables
- Glass bottles and containers
- Electronics
- Others
Based on Packaging Application, Foam Mesh Sleeves Market can be classified into:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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