Honeycomb Packaging Global Market by End User, Scope, Analysis and Forecasts to 2023

(EstateNewsWire.com, October 12, 2017 ) According to Publisher, 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.

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Some of the key players in global honeycomb packaging market include 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 and Lsquare Eco-Products Pvt. Ltd .

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

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Regions Covered:
-North America
-US
-Canada
-Mexico
-Europe
-Germany
-France
-Italy
-UK
-Spain
-Rest of Europe
-Asia Pacific
-Japan
-China
-India
-Australia
-New Zealand
-Rest of Asia Pacific
-Rest of the World
-Middle East
-Brazil
-Argentina
-South Africa
-Egypt

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