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Global Honeycomb Packaging Market is Expected to Reach $15.05 billion by 2023

Global Honeycomb Packaging Market Research Report

Honeycomb Packaging Market Research Report

Market Research Report on Global Honeycomb Packaging Market

RAIPUR, INDIA, December 1, 2017 / --

Report Sellers has added a new market research report “Honeycomb Packaging- Global Market Outlook (2017-2023)” to its offerings.

According to Report, 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.

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 .

Browse through the complete description and in-depth TOC on “Global Honeycomb Packaging Market”

What does the Report Offers

Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments

Report Scope

Global honeycomb packaging market has been segmented by end users covered, packaging types covered and regions covered

End Users Covered:
Consumer Goods
Automotive Goods
Industrial Goods
Food & Beverage
Other End Users

Packaging Types Covered:
Exterior Packaging
Logistics Packaging
Interior Packaging
Other Packaging Types
Regions Covered:
North America
Rest of Europe
Asia Pacific
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
South Africa

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