Honeycomb Packaging Market, by Packaging Type, End-use industry, and Geography - Trends, and Forecast, 2022 - 2028

Honeycomb Packaging Market, by Packaging Type, End-use industry, and Geography - Trends, and Forecast, 2022 - 2028

Honeycomb packaging is made by conglutination of paper bands into series of hexagons that are similar to honeycomb structure, and are then sandwiched between two sheets. The properties of honeycomb packaging are low material consumption, low weight, difficult to deform, resistant to pressure, shock and bending, good cushioning performance, and recyclable. Increasing demand for lightweight, environment friendly, and low cost packaging by food and beverages, automotive, and other industries is driving growth of the honeycomb packaging market.
Market Dynamics
North America is accounted for the largest share of 34.79% in 2021 in the market. This is attributed to growing demand and government regulations for environment friendly packaging such as honeycomb. Asia Pacific is estimated to be the second largest and the fastest growing market over the forecast period due to rapid growth in automotive, industrial, and other sectors, especially in emerging economies such as India and China.  
Key features of the study:

This report provides in-depth analysis of honeycomb packaging market, market size (US$ Mn), & Kilotons (KT) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year and 2015 as historical information
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global honeycomb packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
Key companies covered as a part of this study include ACH Foam Technologies, BASF SE, DS Smith Plc, Huhtamaki Group, Lsquare Eco-Products Pvt. Ltd., Packaging Corporation of America, Sealed Air Corporation, Sonoco Products Company, Smurfit Kappa Group, and WestRock Company.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, market expansion, and marketing tactics
The global honeycomb packaging market report caters to various stakeholders in this industry including investors, suppliers,  distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the honeycomb packaging market

Detailed Segmentation:

Global Honeycomb packaging Market, By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

Global Honeycomb packaging Market, By End-use industry

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Global Honeycomb packaging Market, By Geography:

North America

U.S.

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Canada

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Europe

U.K.

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Germany

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Italy

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

France

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Russia

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Rest of Europe

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Asia Pacific

China

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

India

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Japan

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

ASEAN

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Australia

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

South Korea

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Rest of Asia Pacific

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Latin America

Brazil

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Mexico

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Rest of Latin America

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Middle East

GCC

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Israel

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Rest of Middle East

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Africa

Northern Africa

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Central Africa

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

South Africa

By Packaging Type:

Exterior Packaging
Interior packaging
Pallets
Others

By End-use industry:

Automotive
Consumer goods
Food and beverages
Furniture
Industrial goods
Others

Company Profiles

BASF S.E. *

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans

ACH Foam Technologies
DS Smith Plc
Huhtamaki Group
Lsquare Eco-Products Pvt. Ltd.
Packaging Corporation of America
Sealed Air Corporation
Sonoco Products Company
Smurfit Kappa Group
WestRock Company

 “*” marked represents similar segmentation in other categories in the respective section.