Packaging Industry Research Report Honeycomb Packaging Market Size

Global Honeycomb Packaging Market to Surpass
US$ 16.95 Bn by 2025
The global honeycomb packaging market was valued at US$ 9.64 Bn in 2016 and is
expected to reach US$ 16.95 Bn by 2025, registering a CAGR of 6.5% over the forecast
period (2017–2025) according to a Honeycomb Packaging Market, by Packaging
Type (Exterior Packaging, Interior packaging, Pallets, and Others), by End-use
industry (Automotive, Consumer goods, Food and beverages, Furniture, Industrial
goods, and Others). Honeycomb packaging is designed using honeycomb structures.
The material is conglutinated using glue water into numerous hexagons, which are
sandwiched by sheets to form honeycomb packaging material. Honeycomb packaging is
100% recyclable and is made from recycled paper. Stringent government regulation on
packaging waste such as the European Packaging and Packaging Waste directive
94/62/EC which is concerned with managing packaging and packaging waste to reduce
or prevent environmental impact of packaging is a factor leading to increasing demand
for environment friendly packaging. The properties of honeycomb packaging such as
lightweight, eco-friendly, and others makes it a sustainable packaging option. Stringent
regulations for environment friendly packaging, increasing demand for lightweight
packaging, and growing e-commerce sector are factors propelling growth of the
honeycomb packaging market.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/honeycomb-packaging-
market-1034
Browse 400 pages, 300 market data tables* and 60 figures* on "Honeycomb Packaging
Market” - Global forecast to 2025.
Key Trends and Analysis of the Honeycomb Packaging Market:

The exterior packaging segment accounted for the highest market share in 2016
packaging type of the global honeycomb packaging market. This is due to growing e-