Market Overview:
The global paper honeycomb 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 durable materials in various applications such as automotive, building & construction, household appliances, food & beverage, and others. In terms of type, the continuous unexpanded segment is expected to hold the largest share of the global paper honeycomb market during the forecast period. This can be attributed to its high strength-to-weight ratio and durability as compared to other types of paper honeycombs.
Product Definition:
A paper honeycomb is a material made from thin, vertical strips of paper that are glued together to form a hexagonal pattern. Paper honeycombs are used in packaging and insulation. They are also sometimes used as a building material.
Continuous Unexpanded:
Continuous Under-expanded (CUE) paper honeycomb is a type of paper honeycomb, which has been produced by using an extrusion process. The major reason for the expansion of this product is due to its high strength and durability. This continuous growth factor makes it suitable in various end-use industries such as packaging, construction, furniture & interiors and others.
Slices Unexpanded:
Slices unexpanded is a type of honeycomb structure made from paper pulp. It has hexagonal shape and size of single sheet is 0.9mm thickness, which can be used as an alternative to expanded polystyrene (EPS) in packaging applications such as laptop shipment boxes, mobile phone protective cases or household goods shipping containers among others.
Application Insights:
The automotive application segment led the global paper honeycomb market in 2017. It is widely used in the interior design of cars, especially for headliners and rear seats. The product helps reduce noise and vibration, which enhances passenger comfort. In addition, it helps maintain cabin temperature even during hot summers by reducing heat penetration through soundproofing material properties such as thermal insulation and air tightness.
Paper honeycomb sheets are also used to manufacture sunroofs that offer a comfortable ride to passengers during summer months by maintaining cabin temperature within acceptable limits without making them sweaty or uncomfortable due to excessive heat penetration while driving at high speeds over 70 kmph for long durations of time with a closed vehicle system (VCS). This has resulted in increased demand from the automotive sector globally over recent years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand from various end-use industries in countries, such as China and India. In addition, rising construction activities in these countries are likely to drive product demand from 2018 to 2030.
The continuous expansion of honeycomb production capacity by key players across Asia Pacific is also anticipated to fuel industry growth over the next eight years. For instance, Honeywell International Inc., a multinational conglomerate headquartered in the U.S., has increased its production capacity of honeycomb panels at its plant located at Pune, Maharashtra State, India since 2016 with an investment of USD X million (approximately INR 1 Crore). This strategic move was aimed at catering Topper’s demand across all segments including aerospace & defense and building & construction sectors within India itself as well as other emerging economies like China and Indonesia etc.
Growth Factors:
- Increasing demand for lightweight and eco-friendly materials in the automotive and construction industries
- Growing popularity of honeycomb paper as a packaging material
- Rising demand from the Asia Pacific region
- Technological advancements that improve the manufacturing process and properties of honeycomb paper
- Growing awareness about the benefits of using honeycomb paper
Scope Of The Report
Report Attributes
Report Details
Report Title
Paper Honeycomb Market Research Report
By Type
Continuous Unexpanded, Slices Unexpanded, Pre-Expanded Sheets
By Application
Automotive, Building & Construction, Household Appliances, Food & Beverage, Others
By Companies
IPC Industrial Packaging Corporation, Smurfit Kappa, DS Smith, Greencore Packaging, Honecore, Grigeo AB, Hexagonas Mexicanos, Sunrise MFG, PCA Hexacomb, Honicel Netherland BV, American Containers, Cascades, Axxor, Corint Group
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Paper Honeycomb Market Report Segments:
The global Paper Honeycomb market is segmented on the basis of:
Types
Continuous Unexpanded, Slices Unexpanded, Pre-Expanded Sheets
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
Automotive, Building & Construction, Household Appliances, Food & Beverage, 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:
- IPC Industrial Packaging Corporation
- Smurfit Kappa
- DS Smith
- Greencore Packaging
- Honecore
- Grigeo AB
- Hexagonas Mexicanos
- Sunrise MFG
- PCA Hexacomb
- Honicel Netherland BV
- American Containers
- Cascades
- Axxor
- Corint Group
Highlights of The Paper Honeycomb 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:
- Continuous Unexpanded
- Slices Unexpanded
- Pre-Expanded Sheets
- By Application:
- Automotive
- Building & Construction
- Household Appliances
- Food & Beverage
- 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 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 is a type of paper sculpture that uses sheets of paper to create a three-dimensional structure. The sheets are glued together and then cut into triangular shapes, which are then stacked on top of each other to create the final product.
Some of the key players operating in the paper honeycomb market are IPC Industrial Packaging Corporation, Smurfit Kappa, DS Smith, Greencore Packaging, Honecore, Grigeo AB, Hexagonas Mexicanos, Sunrise MFG, PCA Hexacomb, Honicel Netherland BV, American Containers, Cascades, Axxor, Corint Group.
The paper honeycomb market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Paper Honeycomb 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paper Honeycomb 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 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 Market Size & Forecast, 2020-2028
4.5.1 Paper Honeycomb Market Size and Y-o-Y Growth
4.5.2 Paper Honeycomb 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 Continuous Unexpanded
5.2.2 Slices Unexpanded
5.2.3 Pre-Expanded Sheets
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 Automotive
6.2.2 Building & Construction
6.2.3 Household Appliances
6.2.4 Food & Beverage
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paper Honeycomb 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 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 Continuous Unexpanded
9.6.2 Slices Unexpanded
9.6.3 Pre-Expanded Sheets
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 Automotive
9.10.2 Building & Construction
9.10.3 Household Appliances
9.10.4 Food & Beverage
9.10.5 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 Continuous Unexpanded
10.6.2 Slices Unexpanded
10.6.3 Pre-Expanded Sheets
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 Automotive
10.10.2 Building & Construction
10.10.3 Household Appliances
10.10.4 Food & Beverage
10.10.5 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 Continuous Unexpanded
11.6.2 Slices Unexpanded
11.6.3 Pre-Expanded Sheets
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 Automotive
11.10.2 Building & Construction
11.10.3 Household Appliances
11.10.4 Food & Beverage
11.10.5 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 Continuous Unexpanded
12.6.2 Slices Unexpanded
12.6.3 Pre-Expanded Sheets
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 Automotive
12.10.2 Building & Construction
12.10.3 Household Appliances
12.10.4 Food & Beverage
12.10.5 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 Continuous Unexpanded
13.6.2 Slices Unexpanded
13.6.3 Pre-Expanded Sheets
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 Automotive
13.10.2 Building & Construction
13.10.3 Household Appliances
13.10.4 Food & Beverage
13.10.5 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 Market: Competitive Dashboard
14.2 Global Paper Honeycomb Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IPC Industrial Packaging Corporation
14.3.2 Smurfit Kappa
14.3.3 DS Smith
14.3.4 Greencore Packaging
14.3.5 Honecore
14.3.6 Grigeo AB
14.3.7 Hexagonas Mexicanos
14.3.8 Sunrise MFG
14.3.9 PCA Hexacomb
14.3.10 Honicel Netherland BV
14.3.11 American Containers
14.3.12 Cascades
14.3.13 Axxor
14.3.14 Corint Group
