Global Sponge Market Growth 2022-2028

As the global economy mends, the 2021 growth of Sponge will have significant change from previous year. According to our (researcher) latest study, the global Sponge market size is USD million in 2022 from USD 6201.5 million in 2021, with a change of % between 2021 and 2022. The global Sponge market size will reach USD 8835.4 million in 2028, growing at a CAGR of 5.2% over the analysis period.
The United States Sponge market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Sponge market, reaching US$ million by the year 2028. As for the Europe Sponge landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Sponge players cover Sinomax Group, Henan Jiabaijia, Fengsheng International Group, and Xinxiang Xinyuan Chemical Industry Co.,Ltd., etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Sponge market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Ordinary Sponge
High Rebound Sponge
Slow Rebound Sponge
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Upholstered Furniture
Clothing and Footwear
Automation
Daily Necessities
Architecture and Decoration
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Sinomax Group
Henan Jiabaijia
Fengsheng International Group
Xinxiang Xinyuan Chemical Industry Co.,Ltd.
Chiao Fu Enterprise Co., Ltd
Jiangsu Lvyuan
Shenzhen Zhongshenfeng Technology Co., LTD
Dongguan Hengying Sponge Products
Shanghai Xinyuan New Materials Technology Co.,Ltd.
Langxi Taiji Sponge
Shenzhen Zhenyue Sponge Products Co.,Ltd.
Jiamei Technology
Dongyang Haijia Sponge Product
Gaomi Rongsheng Composition Material
Wenzhou Ruian Fangyuan Polyurethane Sponge
Dongguan Tengwei Sponge
JIHUA GROUP
Sleemon
CYHOME
Hubei Shifeng New Materials Co.,Ltd