It's an issue with many plastics as the plasticisers evaporate, or migrate to the surface.
N.B I'm not a chemist, just an observer.
Rigid plastics get brittle, foam disintegrates, which might actually be the same process.
I'm guessing its more obvious with foam due to its much higher surface area. I wonder of the longer term solution is the old fashioned one and to use felt as a box liner.
The other really obvious problem with disintegrating foam, is in the compliant pars of loudspeaker cones. Rubber lasts longer, but the foam falls apart after a few years, especially if you live near the sea.
Fortunately this one is curable as kits are readily available to repair the driver units.
Whilst on the subject of HiFi, anyone with an old collection of vinyl would be well advised to check the inner sleeves. Many of those used to have a plastic liner to the paper inner, and it's now getting to the age where it's starting to break down.
The same problem that Philip has with his micrometer can also affect LPs, but in this case the damage is audible rather than just in appearance, and is harder and more expensive to cure.
Bill
Edited By peak4 on 27/01/2019 00:48:11