Press release
Hybrid Commercial Vehicle Market Size and Forecast to Grow at a CAGR of 19.57% By 2021
Honeycomb packaging is a type of protective packaging used for protecting products during transportation and handling. This packaging is generally made from either plastic or paperboard. Honeycomb packaging can be used as edge protectors, die-cuts, and packaging dividers. The following exhibit shows some of the advantages of honeycomb packaging. In general, honeycomb packaging is made by joining two plain sheets, wherein the middle surface is a continuous series of hexagonal cells. Hence, it is sometimes also called hexacomb.
Technavios analysts forecast the global honeycomb packaging marketto grow at a CAGR of 5.17% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global honeycomb packaging market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through sales of various packaging types of honeycomb packaging such as interior packaging, exterior packaging, pallets packaging and others packaging. The "others packaging" includes honeycomb packaging dividers, cushioning materials and as a base for carton pallets.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Honeycomb Packaging Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
DS Smith
Smurfit Kappa Group
Packaging Corporation of America
Cascades
Other prominent vendors
Axxor
Complete Packaging Systems
Corint Group
Creopack
Honicel
Lsquare Eco-Products
Multi-Wall Packaging
PREMIER PACKAGING PRODUCTS
Market driver
Growing automotive market in emerging economies
For a full, detailed list, view our report
Market challenge
Rising prices of raw material
For a full, detailed list, view our report
Market trend
Rising trend of using lightweight packaging materials
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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