| Product Code: ETC5308808 | Publication Date: Nov 2023 | Updated Date: Nov 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, Togo continued to see significant imports of polystyrene foam, with top exporting countries being Ghana, China, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 65.94%, showing strong demand for this product. However, there was a notable decline in growth rate from 2023 to 2024 at -26.11%, suggesting potential market challenges or shifts in consumer preferences. Monitoring these trends will be crucial for stakeholders in the polystyrene foam industry.

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 Togo Polystyrene Foam Market Overview |
3.1 Togo Country Macro Economic Indicators |
3.2 Togo Polystyrene Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Togo Polystyrene Foam Market - Industry Life Cycle |
3.4 Togo Polystyrene Foam Market - Porter's Five Forces |
3.5 Togo Polystyrene Foam Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Togo Polystyrene Foam Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Togo Polystyrene Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaging solutions in industries such as food and beverage, electronics, and healthcare, where polystyrene foam is commonly used. |
4.2.2 Growing construction industry in Togo, leading to higher demand for insulation materials like polystyrene foam. |
4.2.3 Cost-effectiveness and versatility of polystyrene foam compared to other materials, driving its adoption in various applications. |
4.3 Market Restraints |
4.3.1 Environmental concerns and regulations regarding the use of polystyrene foam due to its non-biodegradable nature and potential impact on ecosystems. |
4.3.2 Fluctuations in raw material prices, such as styrene, affecting the production costs of polystyrene foam manufacturers. |
5 Togo Polystyrene Foam Market Trends |
6 Togo Polystyrene Foam Market Segmentations |
6.1 Togo Polystyrene Foam Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Togo Polystyrene Foam Market Revenues & Volume, By Expanded Polystyrene Foam, 2021-2031F |
6.1.3 Togo Polystyrene Foam Market Revenues & Volume, By Extruded Polystyrene Foam, 2021-2031F |
6.2 Togo Polystyrene Foam Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Togo Polystyrene Foam Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Togo Polystyrene Foam Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Togo Polystyrene Foam Market Revenues & Volume, By Others, 2021-2031F |
7 Togo Polystyrene Foam Market Import-Export Trade Statistics |
7.1 Togo Polystyrene Foam Market Export to Major Countries |
7.2 Togo Polystyrene Foam Market Imports from Major Countries |
8 Togo Polystyrene Foam Market Key Performance Indicators |
8.1 Recycling rate of polystyrene foam in Togo, indicating the sustainability efforts and environmental impact of the market. |
8.2 Adoption rate of alternative eco-friendly packaging materials in industries traditionally using polystyrene foam, reflecting changing consumer preferences and regulatory pressures. |
8.3 Investment in research and development for innovative applications of polystyrene foam, showcasing the market's potential for growth and diversification. |
9 Togo Polystyrene Foam Market - Opportunity Assessment |
9.1 Togo Polystyrene Foam Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Togo Polystyrene Foam Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Togo Polystyrene Foam Market - Competitive Landscape |
10.1 Togo Polystyrene Foam Market Revenue Share, By Companies, 2024 |
10.2 Togo Polystyrene Foam Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |