| Product Code: ETC5645190 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to see a significant volume of expanded polypropylene (EPP) foam import shipments, with top exporting countries including Greece, Spain, Germany, Italy, and Turkey. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. Despite a relatively strong compound annual growth rate (CAGR) of 6.47% from 2020 to 2024, there was a sharp decline in growth rate from 2023 to 2024 at -28.89%. This suggests potential challenges or shifts in the market dynamics that may have impacted the import trends for EPP foam in Cyprus.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Expanded Polypropylene (EPP) Foam Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Expanded Polypropylene (EPP) Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Expanded Polypropylene (EPP) Foam Market - Industry Life Cycle |
3.4 Cyprus Expanded Polypropylene (EPP) Foam Market - Porter's Five Forces |
3.5 Cyprus Expanded Polypropylene (EPP) Foam Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Expanded Polypropylene (EPP) Foam Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Expanded Polypropylene (EPP) Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable packaging solutions |
4.2.2 Growing awareness about the benefits of expanded polypropylene (EPP) foam in industries such as automotive, electronics, and healthcare |
4.2.3 Technological advancements leading to improved EPP foam quality and customization options |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Environmental concerns related to the disposal and recycling of EPP foam waste |
4.3.3 Competition from alternative packaging materials such as expanded polystyrene (EPS) foam |
5 Cyprus Expanded Polypropylene (EPP) Foam Market Trends |
6 Cyprus Expanded Polypropylene (EPP) Foam Market Segmentations |
6.1 Cyprus Expanded Polypropylene (EPP) Foam Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Expanded Polypropylene (EPP) Foam Market Revenues & Volume, By Low Density, 2021-2031F |
6.1.3 Cyprus Expanded Polypropylene (EPP) Foam Market Revenues & Volume, By High Density, 2021-2031F |
6.1.4 Cyprus Expanded Polypropylene (EPP) Foam Market Revenues & Volume, By Porous PP, 2021-2031F |
6.2 Cyprus Expanded Polypropylene (EPP) Foam Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Expanded Polypropylene (EPP) Foam Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Cyprus Expanded Polypropylene (EPP) Foam Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.4 Cyprus Expanded Polypropylene (EPP) Foam Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.5 Cyprus Expanded Polypropylene (EPP) Foam Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Expanded Polypropylene (EPP) Foam Market Import-Export Trade Statistics |
7.1 Cyprus Expanded Polypropylene (EPP) Foam Market Export to Major Countries |
7.2 Cyprus Expanded Polypropylene (EPP) Foam Market Imports from Major Countries |
8 Cyprus Expanded Polypropylene (EPP) Foam Market Key Performance Indicators |
8.1 Adoption rate of EPP foam in new industry sectors |
8.2 Percentage of EPP foam products meeting sustainability criteria |
8.3 Number of patents filed for EPP foam innovations |
8.4 Average lifespan of EPP foam products |
8.5 Rate of return on investment for companies using EPP foam |
9 Cyprus Expanded Polypropylene (EPP) Foam Market - Opportunity Assessment |
9.1 Cyprus Expanded Polypropylene (EPP) Foam Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Expanded Polypropylene (EPP) Foam Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Expanded Polypropylene (EPP) Foam Market - Competitive Landscape |
10.1 Cyprus Expanded Polypropylene (EPP) Foam Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Expanded Polypropylene (EPP) Foam Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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