| Product Code: ETC5743610 | 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 rely heavily on foam imports, with significant shipments arriving from key European countries such as Greece, Spain, Germany, Italy, and Turkey. Despite the high concentration of imports, the industry saw a healthy Compound Annual Growth Rate (CAGR) of 6.47% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -28.89%, indicating potential market challenges. Cyprus remains a crucial market for foam imports, with opportunities for further growth and diversification in the coming years.

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 Foam Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Foam Market - Industry Life Cycle |
3.4 Cyprus Foam Market - Porter's Five Forces |
3.5 Cyprus Foam Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Foam Market Revenues & Volume Share, By Foam Type, 2021 & 2031F |
3.7 Cyprus Foam Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Cyprus Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Foam Market Trends |
6 Cyprus Foam Market Segmentations |
6.1 Cyprus Foam Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Foam Market Revenues & Volume, By Flexible Foam, 2021-2031F |
6.1.3 Cyprus Foam Market Revenues & Volume, By Rigid Foam, 2021-2031F |
6.2 Cyprus Foam Market, By Foam Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Foam Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.3 Cyprus Foam Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.2.4 Cyprus Foam Market Revenues & Volume, By Polyolefin, 2021-2031F |
6.2.5 Cyprus Foam Market Revenues & Volume, By Phenolic, 2021-2031F |
6.2.6 Cyprus Foam Market Revenues & Volume, By PET, 2021-2031F |
6.2.7 Cyprus Foam Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cyprus Foam Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Foam Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.3 Cyprus Foam Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.4 Cyprus Foam Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Cyprus Foam Market Revenues & Volume, By Furniture & Bedding, 2021-2031F |
6.3.6 Cyprus Foam Market Revenues & Volume, By Footwear, Sports, & Recreational, 2021-2031F |
6.3.7 Cyprus Foam Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Foam Market Import-Export Trade Statistics |
7.1 Cyprus Foam Market Export to Major Countries |
7.2 Cyprus Foam Market Imports from Major Countries |
8 Cyprus Foam Market Key Performance Indicators |
9 Cyprus Foam Market - Opportunity Assessment |
9.1 Cyprus Foam Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Foam Market Opportunity Assessment, By Foam Type, 2021 & 2031F |
9.3 Cyprus Foam Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Cyprus Foam Market - Competitive Landscape |
10.1 Cyprus Foam Market Revenue Share, By Companies, 2024 |
10.2 Cyprus 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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