Dec 29, 2017   SOURCE: BusinessWire

HoneyComb Packaging Market - Forecast to Reach $15 Billion by 2023 - Research and Markets

The "HoneyComb Packaging - Global Market Outlook (2017-2023)" report has been added to Research and Markets' offering.

The Global Honeycomb Packaging market is expected to grow from $9.41 billion in 2016 to reach $15.05 billion by 2023 with a CAGR of 6.9%. Rising demand for ensuring glass items, consumer electronic products to be safe, growing demand for the development of e-commerce are propelling the market. On the other hand, customers rising preferences for flexible packaging over honeycomb packaging due to its lightweight is hindering the market.

Depending on packaging type, exterior packaging segment lead the market globally and the growth is due to growing need for boxes, containers, cartons. By end user, furniture and automotive industry has acquired the largest market share and the growth is attributed to the increasing use of foolproof packaging. North America is dominating the honeycomb market and the packaging in this region is growing due to increasing need for automotive, furniture and consumer goods.

End Users Covered:

  • Consumer Goods
  • Automotive Goods
  • Furniture
  • Industrial Goods
  • Food & Beverage
  • Other End Users
  • Logistics Packaging

Packaging Types Covered:

  • Exterior Packaging
  • Pallets
  • Interior Packaging
  • Other Packaging Types

Companies Mentioned

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

Key Topics Covered:

1. Executive Summary

2. Preface

3. Market Trend Analysis

4. Porters Five Force Analysis

5. Global Honeycomb Packaging Market, By End User

6. Global Honeycomb Packaging Market, By Packaging Type

7. Global Honeycomb Packaging Market, By Geography

8. Key Developments

9. Company Profiling

For more information about this report visit https://www.researchandmarkets.com/research/fwshjx/honeycomb