Market Overview:
The global paper honeycomb core market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lightweight and high-strength materials in various end-use industries such as construction, automotive, and others. In terms of type, the below 15mm segment is expected to dominate the market during the forecast period owing to its low weight and high strength properties. However, with technological advancements in manufacturing processes, the 15mm-30mm segment is projected to grow at a higher CAGR than other segments during the forecast period. In terms of application, construction is expected to be one of the fastest growing applications due to increasing demand for lightweight building materials across regions.
Product Definition:
A paper honeycomb core is a lightweight, yet strong and stiff, core material made from paper. It is often used in composite panels for applications such as boat hulls, wind turbine blades, and automotive parts. The cells of the honeycomb are filled with resin to create a composite panel that is stronger and lighter than solid fiberglass or other materials.
Below 15mm:
Below 15mm honeycomb core market size was estimated to be USD 5.6 billion in 2016 and is expected to witness significant growth over the forecast period. The product has a wide range of applications such as packaging, construction, furniture & bedding, automotive interiors and exteriors, creative industries (artificial intelligence), electronics (3D printing), medical devices among others. It also finds application in aerospace engineering for designing lightweight structures that are efficient during take-off and landing.
15mm to 30mm:
15mm to 30mm is a range of paper honeycomb core used in packaging applications. The 15-30 mm size category refers to the thickness of the paperboard, which can be made using various raw materials such as Kraft paper, sulfate papers and bleached wood among others. The 15-30 mm size category products are widely utilized for packaging applications owing to their properties such as lightweight, high strength and stiffness among others.
Application Insights:
The construction application segment led the global paper honeycomb core market in 2017 and is projected to witness significant growth over the forecast period. The product is widely used in residential, commercial and industrial buildings as a lightweight alternative to conventional materials such as steel and concrete.
Paper honeycomb core offers thermal insulation, soundproofing properties along with aesthetic appeal owing to its thin profile design. These factors are likely to drive its demand in construction applications over the coming years. However, high manufacturing costs are expected to hamper industry expansion over the next few years.
The automotive sector was valued at USD 544 million in 2017 owing to increasing use of lightweight materials including paper honeycombs for vehicle interior decoration purposes such as instrument panels.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand from end-use industries, such as construction and automotive. Rapid industrialization in emerging economies of India, China and Indonesia has led to an increase in per capita income levels among consumers, which is anticipated to drive product adoption across various sectors including transportation and communication.
The European market was valued at USD X million in 2017 owing to high demand for sustainable products from several countries including Germany, France and Italy. Paper honeycomb core offers numerous advantages over other materials due its lightweight properties that enable reduction of structural weight while improving the overall performance of a building or vehicle; this factor will have a positive impact on industry growth during the forecast period.
North America accounted for 20% share of global revenue in 2017 owing with growing use across several applications such as aerospace & defense (aircraft interior), marine (shipbuilding) etc.
Growth Factors:
- Increasing demand from end-use industries such as aerospace, automotive and construction
- Growing popularity of lightweight and high-performance materials in various applications
- Rising investment in research and development for advanced honeycomb core products
- Technological advancements that have led to the development of new manufacturing processes
- Growing awareness about the benefits of paper honeycomb cores over traditional materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Paper Honeycomb Core Market Research Report
By Type
Below 15mm, 15mm to 30mm, Above 30mm
By Application
Construction, Automotive, Others
By Companies
Lsquare Eco-Products Pvt. Ltd., Safe Corrugated Containers Pvt. Ltd.,, Yoj Pack Kraft, Grigeo, AB, Packaging Corporation of America, Honeycomb Cellpack A/S, Premier Packaging Products, Rebul Packaging Pty Ltd, Corint Group, Rebul Packaging Pty Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Paper Honeycomb Core Market Report Segments:
The global Paper Honeycomb Core market is segmented on the basis of:
Types
Below 15mm, 15mm to 30mm, Above 30mm
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lsquare Eco-Products Pvt. Ltd.
- Safe Corrugated Containers Pvt. Ltd.,
- Yoj Pack Kraft
- Grigeo, AB
- Packaging Corporation of America
- Honeycomb Cellpack A/S
- Premier Packaging Products
- Rebul Packaging Pty Ltd
- Corint Group
- Rebul Packaging Pty Ltd
Highlights of The Paper Honeycomb Core Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 15mm
- 15mm to 30mm
- Above 30mm
- By Application:
- Construction
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Paper Honeycomb Core Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Paper honeycomb core is a type of paperboard that has a honeycomb-like pattern on its surface. Paper honeycomb core is often used in the manufacturing of boxes, packaging, and other products.
Some of the key players operating in the paper honeycomb core market are Lsquare Eco-Products Pvt. Ltd., Safe Corrugated Containers Pvt. Ltd.,, Yoj Pack Kraft, Grigeo, AB, Packaging Corporation of America, Honeycomb Cellpack A/S, Premier Packaging Products, Rebul Packaging Pty Ltd, Corint Group, Rebul Packaging Pty Ltd.
The paper honeycomb core market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Paper Honeycomb Core Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Paper Honeycomb Core Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paper Honeycomb Core Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Paper Honeycomb Core Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Paper Honeycomb Core Market Size & Forecast, 2020-2028
4.5.1 Paper Honeycomb Core Market Size and Y-o-Y Growth
4.5.2 Paper Honeycomb Core Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Below 15mm
5.2.2 15mm to 30mm
5.2.3 Above 30mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Automotive
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paper Honeycomb Core Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Paper Honeycomb Core Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Below 15mm
9.6.2 15mm to 30mm
9.6.3 Above 30mm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Automotive
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Below 15mm
10.6.2 15mm to 30mm
10.6.3 Above 30mm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Automotive
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Below 15mm
11.6.2 15mm to 30mm
11.6.3 Above 30mm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Automotive
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Below 15mm
12.6.2 15mm to 30mm
12.6.3 Above 30mm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Automotive
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Below 15mm
13.6.2 15mm to 30mm
13.6.3 Above 30mm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Automotive
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Paper Honeycomb Core Market: Competitive Dashboard
14.2 Global Paper Honeycomb Core Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lsquare Eco-Products Pvt. Ltd.
14.3.2 Safe Corrugated Containers Pvt. Ltd.,
14.3.3 Yoj Pack Kraft
14.3.4 Grigeo, AB
14.3.5 Packaging Corporation of America
14.3.6 Honeycomb Cellpack A/S
14.3.7 Premier Packaging Products
14.3.8 Rebul Packaging Pty Ltd
14.3.9 Corint Group
14.3.10 Rebul Packaging Pty Ltd
