EVA Industries

What EVA Industries does

EVA Industries (Pty) Ltd is a South African primary manufacturer, converter, and exporter of closed cell foam products headquartered in Jacobs, Durban, founded in 1978 by Budget Footwear as EVA Components (Pty) Ltd. The company produces Ethylene Vinyl Acetate (EVA), Ethylene Propylene Diene Monomer (EPDM), Polyethylene (PE), Polyvinyl Chloride (PVC), Thermoplastic Rubber (TPR), and Natural Rubber foam blocks and sheeting using single blown and 2-stage blown foaming processes, supported by 20 injection moulding machines, CNC routing, CNC cutting, die cutting, splitting, and gasketing capabilities. EVA is self-described as the largest primary manufacturer of Beach Thongs (Flip Flops) in Sub-Saharan Africa, with capacity of 350,000+ pairs per month in a SEDEX-accredited facility, and also produces Pool Sliders, orthotic and podiatry materials exported to Europe, and Soling Materials for South African shoe manufacturers.

The business operates a vertically integrated model across two primary streams: foam material sales (EVA, EPDM, PE, PVC, TPR foam blocks, sheets, and converted components sold to converter companies, footwear manufacturers, and industrial manufacturers) and finished footwear products (Beach Thongs, Pool Sliders, and Orthotic products manufactured turnkey from concept to assembly). Customers include major South African retailers Woolworths, TFG, Edgars, Mr Price Group, and Retailability for footwear, alongside industrial customers such as John Moffat Prolock (preferred supplier), LFT Orthopod (since 2005), Mould A Foam, Olof Foam, and Schmitz Foam Products B.V. (Netherlands) for Green Initiative material supply. The company holds ISO 9001 (2007), ISO 14001 (2015), SEDEX, and BBBEE certifications, and operates a single manufacturing site at 28 Milner Street, Jacobs, Durban South, positioned near the Durban Port.

EVA Industries is privately held, with Endura Capital (Rowan Tilbury) holding a 50% stake acquired through a 2015 management buyout, Brandon Geyser as Sales Director and continuing shareholder, and minority BBBEE-aligned ownership held by the SIDALA Education Trust since 2022. Revenue, current headcount utilization, and post-2022 operating capacity are not publicly disclosed, though the company remains active. The model is relationship-driven B2B sales with quote-based pricing on custom orders, with no software, app, or API surface area, and no AI/ML capabilities disclosed.

Name

EVA Industries

Legal name

EVA Industries Pty Ltd

Website

https://evafoam.co.za

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

EVA Industries is a South African primary manufacturer of closed cell foam products, producing EVA, EPDM, PE, and PVC foam blocks, sheets, and finished footwear including Beach Thongs and Pool Sliders for major retailers and industrial converters, exporting to Europe and the USA.

Ownership category

akta.pro rank

Product category

Industrial Foam Manufacturing

NAICS

Urethane and Other Foam Product (except Polystyrene) Manufacturing (32615), Plastics Product Manufacturing (3261)

SIC

Plastics Foam Products (3086)

akta.pro primary industry

Foam Conversion & Fabrication (Cutting, Laminating, CNC, Packaging Inserts) (IMANAIAJ)

akta.pro secondary industry

Foam Protective Packaging (EPS/EPE/EPP, PU, Molded Foam) (IMALAFAA)

Keywords

• Closed cell foam manufacturing
• EVA foam blocks sheeting
• Beach thong production
• Industrial foam conversion
• Orthotic podiatry materials

Headquarters

HQ city

Durban, KwaZulu-Natal

HQ country

South Africa

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Foam Material Sales: Sales of EVA, EPDM, PE, PVC and TPR foam blocks, sheets and converted components to converter companies, footwear manufacturers and industrial manufacturers
2. Finished Footwear Products: Manufacturing and sale of completed Beach Thongs, Pool Sliders and Orthotic products with full turnkey capability from concept to assembly
3. Foam Conversion Services: Processing services including splitting, CNC routing, CNC cutting, die cutting and gasketing for customer-provided specifications
4. Export Revenue: Export of orthotic and podiatry materials to Europe and footwear products to international customers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

EVA Industries is a primary manufacturer, converter, and exporter of closed-cell EVA, EPDM, Polyethylene (PE), PVC, and TPR foam blocks, sheets, and converted components. The company produces finished footwear products including Beach Thongs, Pool Sliders, Orthotic and Podiatry materials, and Soling Materials, alongside industrial foam components for automotive, construction, marine, agriculture, military, and specialised PPE applications, operating a vertically integrated turnkey manufacturing model from raw foam production through to assembly.

Product overview

EVA Industries is a primary manufacturer, converter, and exporter of closed cell foam products serving diverse industries including Agriculture, Automotive, Construction, Footwear, Industrial, Leisure, Marine, Military, Mining, and Specialised PPE. The company's product portfolio centers on EVA (Ethylene Vinyl Acetate), EPDM (Ethylene Propylene Diene Monomer), Natural Rubber, Polyethylene (PE), PVC, and TPR foam materials available as blocks and sheets. Core product lines include the Memoflex range for footwear/orthopaedic applications, PD range for industrial uses, and TSE range for protective gear. The company operates a fully integrated footwear manufacturing capability producing Beach Thongs and Pool Sliders from concept to finished product, with capacity exceeding 350,000 pairs monthly. Value-add processing includes CNC routing, CNC cutting, die cutting, injection moulding, splitting, and gasketing services using 20 injection moulding machines and specialized splitting equipment. Industrial foam products serve sectors from automotive seals and construction insulation to marine flotation and mining protective wear.

Differentiator

Problem solved

Functional benefit

Products and services

• EVA Foam Blocks and Sheeting
• EPDM Rubber Foam Products
• Polyethylene (PE) Foam Products
• Beach Thongs (Flip Flops)
• Pool Sliders
• Orthotic and Podiatry Materials
• Soling Materials
• Injection Moulded Components (PVC and TR)
• Split Foam Sheets
• Gaskets
• PD Range (PD 100, PD 300, PD 400, PD 500)
• PXD 30/70
• Memoflex Range (20/25, 30/35, 40/45, 50/55)
• TSE Range (TSE 33, TSE 45)
• Wedges
• Foam Conversion Services (CNC Routing, CNC Cutting, Die Cutting, Cold Moulding)

Quantifiable outcome

• 350,000+ beach thong pairs produced per month
• +3 more outcomes

Named customers10 records

Segments10 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Schmitz Foam Products B.V.coreStrategic or Co-development Partner · 1 January 2019Dutch foam products company receiving chipped EVA foam material from EVA Industries as part of its Green Initiative for use in artificial turfs in sports and recreational facilities.
• Natal Gaskets (Pty) LtdminorStrategic or Co-development Partner · 1 January 2009EVA acquired Natal Gaskets in 2009 as part of its intent to grow non-footwear customers. The partnership ended in 2014 when EVA disposed of NG as JMP sought to restructure its Holdings.
• Sarah Ferguson's Breathe OrganisationminorStrategic or Co-development PartnerPartnership with Sarah Ferguson's Breathe Organisation and Plastic Oceans International to offer consumers the opportunity to return used Beach Thongs for constructive use as opposed to landfill.
• Plastic Oceans InternationalminorStrategic or Co-development PartnerPartnership to offer consumers the opportunity to return used Beach Thongs for recycling, preventing them from ending up in landfill sites.
• Retailers and Independent BrandscoreChannel Partner/ Reseller/ DistributorPartnerships with retailers and independent brands for the return and recycling of used Beach Thongs as part of EVA's environmental sustainability initiatives.

Scale indicators7 records

Recent moves11 records

Expansion highlights14 records

Direct peers

• Zotefoams: UK-listed primary manufacturer of closed-cell cross-linked polyolefin foams (including EVA-based grades) using proprietary foaming processes. Direct comparability on primary foam manufacturing technology, product chemistry (EVA/PE), and serving industrial, footwear, and protective-packaging end markets.
• INOAC Corporation: Japanese polyurethane and polyolefin foam manufacturer with broad industrial, automotive, and footwear-industry exposure. Comparable to EVA on primary foam chemistry, auto/footwear end markets, and Asian manufacturing footprint.
• Trocellen: European manufacturer of cross-linked polyolefin foams (including EVA-based) supplying automotive, sports, and industrial markets. Closely comparable to EVA Industries on primary foam chemistry, foaming process, and cross-industry customer base.

Broad incumbents

• Sealed Air: Global packaging company producing protective foam packaging solutions (Bubble Wrap, Instapak). Comparable through foam-based protective packaging applications, though EVA is a primary foam manufacturer while Sealed Air is a packaging-systems integrator.
• Recticel: Belgian-based diversified foam manufacturer producing polyurethane, polyester and polyether foams for automotive, construction, bedding and industrial applications. Comparable as a multi-process foam producer with downstream conversion, but larger and broader in scope than EVA.
• JSP Corporation: Japanese manufacturer of expanded polypropylene (EPP) and other foams for automotive, packaging, and construction. Comparable as a primary foam manufacturer with strong industrial diversification and downstream conversion capabilities.
• Armacell: Global leader in engineered foams (including PET and polyethylene-based foams) supplying industrial, automotive, and construction customers. Comparable to EVA Industries as a primary foam manufacturer serving multiple industrial segments, but at significantly larger scale and global footprint.
• Pregis: US-based protective packaging manufacturer producing foam-in-place, air pillows and foam sheet products. Comparable in the foam-based protective-packaging value chain, but operates at much larger scale and is downstream of primary foam.

Emerging players

• Hira Industries: UAE-based foam manufacturer producing PE, EVA and rubber foams for construction, packaging, and industrial use in MEA. Comparable to EVA as a regional primary foam manufacturer serving African/Middle Eastern markets, though focused upstream on PE/EVA sheets rather than finished footwear.
• Loyal Group: Indian foam manufacturer producing EVA, PE and other polyolefin foams for footwear, automotive and packaging applications. Comparable to EVA on primary EVA foam manufacturing, footwear-industry exposure, and trading globally to converters and brands.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

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Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EVA Industries