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Global Hexacomb Packaging Market Size, Trends and Growth Opportunity, By Product Type (Container, Cartons, Boxes and Others), Application (Food and Beverages, Automotive Goods, Furniture, Consumer Goods, Industrial Goods and Others), Function Type (Cushioning, Blocking and Bracing, Void- fill, Insulation, and Wrapping), Packaging Type (Exterior Packaging, Interior Packaging, Pallets, and Others), By Region and Forecast Till 2027.


Report ID : IR100529 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 112

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  • Global Hexacomb Packaging Market Size, Trends and Growth Opportunity, By Product Type (Container, Cartons, Boxes and Others), Application (Food and Beverages, Automotive Goods, Furniture, Consumer Goods, Industrial Goods and Others), Function Type (Cushioning, Blocking and Bracing, Void- fill, Insulation, and Wrapping), Packaging Type (Exterior Packaging, Interior Packaging, Pallets, and Others), By Region and Forecast Till 2027.
    Global Hexacomb Packaging Market 
    The Global Hexacomb Packaging Market was valued at US$4770 million in 2021 and it is expected to reach at US$7500 million in 2027 at a CAGR of 6.21% during forecast period 2022-2027.
    The most popular paper-based honeycomb packaging option, Hexacomb, provides a completely customisable structural product to PCA's corrugated goods. The distinctive engineering of the hexacomb makes it robust and resilient, with rigidity and cushioning to offer the best possible protection. Hexacomb packaging is made of a paper-based material that offers an exceptional balance of strength and lightness.
    Market Drivers
    Hexacomb packaging is frequently used in shipping and transport because it is highly durable and safeguards goods from harm. Heavy paperboard packing, or hexacomb packaging, is mostly used for transportation. For a variety of products, including electronics, furniture, FMCG goods, and others, hexacomb packaging serves as protective packaging options. The hexacomb packaging is the current fashion in the packaging sector. It is the most environmentally friendly packaging option and offers more alternatives than other packaging types, particularly plastic packaging, which can result in the production of a lot more pointless waste that pollutes the environment on both land and at sea. These containers are easily recyclable, biodegradable, and won't pollute the environment in any harmful ways.
    Market Restraints
    Hexacomb packaging market growth would be further hampered over the aforementioned estimate period by the availability of several replacements, including lighter and smaller packages. Additionally, the natural habitats are in danger due to an increase in paper use in the production of hexacomb packing. Therefore, the main market challenge that will slow the market's growth rate is the concern over environmental issues.
    Market Segmentation
    The global hexacomb packaging market is segmented into product type, application, function type and packaging type. By product type it segmented into container, cartons, boxes and others. By application it segmented into food and beverages, automotive goods, furniture, consumer goods, industrial goods and others. By function type it segmented into cushioning, blocking and bracing, void- fill, insulation, and wrapping. By packaging type it segmented into exterior packaging, interior packaging, pallets, and others.
    Regional Analysis
    The global hexacomb packaging market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The hexacomb packaging market is dominated by North America in terms of revenue and market share. This is as a result of the existence of significant market participants here. The government's enhanced efforts to reduce packaging waste will also probably accelerate business expansion in this area.
    Key Players
    Various key players are listed in this report such as Amcor plc (Switzerland), Mondi (U.K.), Sonoco Products Company (U.S.), Sealed Air (U.S.), Huhtamaki OYJ (Finland), Sappi (South Africa), DS Smith (U.K.), Coveris (U.K.), Sabert (U.S.), Wihuri (Finland)
    Market Taxonomy
    By Product Type

    • Container
    • Cartons
    • Boxes
    • Others
    By Application
    • Food and Beverages
    • Automotive Goods
    • Furniture
    • Consumer Goods
    • Industrial Goods
    • Others
    By Function Type 
    • Cushioning
    • Blocking and Bracing
    • Void- fill
    • Insulation
    • Wrapping
    By Packaging Type
    • Exterior Packaging
    • Interior Packaging
    • Pallets
    • Others
    Key Question Addressed by the Report
    • What are the Key Opportunities in Global Hexacomb Packaging Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the role of key players in the value chain?
    • What is the competitive Landscape in the industry?
     

    Global Hexacomb Packaging Market TOC:
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Hexacomb Packaging Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Hexacomb Packaging Market, By Product Type
    5.1 Y-o-Y Growth Comparison, By Product Type
    5.2 Global Hexacomb Packaging Market Share Analysis, By Product Type
    5.3 Global Hexacomb Packaging Market Size and Forecast, By Product Type
    5.3.1 Container
    5.3.2 Cartons
    5.3.3 Boxes 
    5.3.4 Others
    6 Global Hexacomb Packaging Market, By Application
    6.1 Y-o-Y Growth Comparison, By Application
    6.2 Global Hexacomb Packaging Market Share Analysis, By Application
    6.3 Global Hexacomb Packaging Market Size and Forecast, By Application
    6.3.1 Food and Beverages
    6.3.2 Automotive Goods 
    6.3.3 Furniture
    6.3.4 Consumer Goods
    6.3.5 Industrial Goods
    6.3.6 Others
    7 Global Hexacomb Packaging Market, By Function Type
    7.1 Y-o-Y Growth Comparison, By Function Type
    7.2 Global Hexacomb Packaging Market Share Analysis, By Function Type
    7.3 Global Hexacomb Packaging Market Share Analysis, By Function Type
    7.3.1 Cushioning
    7.3.2 Blocking And Bracing
    7.3.3 Void- Fill 
    7.3.4 Insulation
    7.3.5 Wrapping
    8 Global Hexacomb Packaging Market, By Packaging Type
    8.1 Y-o-Y Growth Comparison, By Packaging Type
    8.2 Global Hexacomb Packaging Market Share Analysis, By Packaging Type
    8.3 Global Hexacomb Packaging Valve Market Size and Forecast, By Packaging Type
    8.3.1 Exterior Packaging
    8.3.2 Interior Packaging
    8.3.3 Pallets
    8.3.4 Others
    9 Global Hexacomb Packaging Market, By Region
    9.1 Global Hexacomb Packaging Market Share Analysis, By Region
    9.2 Global Hexacomb Packaging Market Share Analysis, By Region
    10 North America Hexacomb Packaging Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 North America Hexacomb Packaging Market Share Analysis, By Product Type
    10.3 North America Hexacomb Packaging Market Size and Forecast, By Application
    10.4 North America Hexacomb Packaging Market Size and Forecast, By Function Type
    10.5 North America Hexacomb Packaging Market Size and Forecast, By Packaging Type
    10.5 North America Hexacomb Packaging Market Size and Forecast, By Country
    10.5.1 U.S
    10.5.1 Canada
    10.5.3 Mexico
    11 Europe Hexacomb Packaging Market Analysis and Forecast (2022-2027)
     11.1 Introduction
    11.2 Europe Hexacomb Packaging Market Share Analysis, By Product Type
    11.3 Europe Hexacomb Packaging Market Size and Forecast, By Application
    11.4 Europe Hexacomb Packaging Market Size and Forecast, By Function Type
    11.5 Europe Hexacomb Packaging Market Size and Forecast, By Packaging Type
    11.6 Europe Hexacomb Packaging Market Size and Forecast, By Country
    11.6.1 Germany
    11.6.2 France
    11.6.3 UK
    11.6.4 Rest of Europe
    12 Asia Pacific Hexacomb Packaging Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Asia Pacific Hexacomb Packaging Market Size and Forecast, By Product Type
    12.3 Asia Pacific Hexacomb Packaging Market Size and Forecast, By Application
    12.4 Asia Pacific Hexacomb Packaging Market Size and Forecast, By Function Type
    12.5 Asia Pacific Hexacomb Packaging Market Size and Forecast, By Packaging Type
    12.6 Asia Pacific Hexacomb Packaging Market Size and Forecast, By Country
    12.6.1 China 
    12.6.2 Japan
    12.6.3 India
    12.6.4. Rest of Asia Pacific
    13 Latin America Hexacomb Packaging Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Latin America Hexacomb Packaging Market Size and Forecast, By Product Type
    13.3 Latin America Hexacomb Packaging Market Size and Forecast, By Application
    13.4 Latin America Hexacomb Packaging Market Size and Forecast, By Function Type
    13.5 Latin America Hexacomb Packaging Market Size and Forecast, By Packaging Type
    13.6 Latin America Hexacomb Packaging Market Size and Forecast, Country
    13.6.1 Brazil
    13.6.2. Rest of Latin America
    14 Middle East Hexacomb Packaging Market Analysis and Forecast (2022-2027) 
    14.1 Introduction
    14.2 Middle East Hexacomb Packaging Market Share Analysis, By Product Type
    14.3 Middle East Hexacomb Packaging Market Size and Forecast, By Application
    14.4 Middle East Hexacomb Packaging Market Size and Forecast, By Function Type
    14.5 Middle East Hexacomb Packaging Market Size and Forecast, By Packaging Type
    14.6 Middle East Hexacomb Packaging Market Size and Forecast, By Country
    14.6.1. Saudi Arabia
    14.6.2. UAE
    14.6.3. Egypt
    14.6.4. Kuwait
    14.6.5. South Africa
    15 Competitive Analysis
    15.1 Competition Dashboard
    15.2 Market share Analysis of Top Vendors
    15.3 Key Development Strategies
    16 Company Profiles
    16.1. Amcor plc. (Switzerland)
    16.1.1 Overview
    16.1.2 Offerings
    16.1.3 Key Financials
    16.1.4 Business Segment & Geographic Overview
    16.1.5 Key Market Developments
    16.1.6 Key Strategies
    16.2. Mondi (U.K.)
    16.2.1 Overview
    16.2.2 Offerings
    16.2.3 Key Financials
    16.2.4 Business Segment & Geographic Overview
    16.2.5 Key Market Developments
    16.2.6 Key Strategies
    16.3. Sonoco Products Company (U.S.)
    16.3.1 Overview
    16.3.2 Offerings
    16.3.3 Key Financials
    16.3.4 Business Segment & Geographic Overview
    16.3.5 Key Market Developments
    16.3.6 Key Strategies
    16.4. Sealed Air (U.S.)
    16.4.1 Overview
    16.4.2 Offerings
    16.4.3 Key Financials
    16.4.4 Business Segment & Geographic Overview
    16.4.5 Key Market Developments
    16.4.6 Key Strategies
    16.10.3 Key Financials
    16.10.4 Business Segment & Geographic Overview
    16.10.5 Key Market Developments
    16.10.6 Key Strategies
    16.5. Huhtamaki OYJ (Finland)
    16.5.1 Overview
    16.5.2 Offerings
    16.5.3 Key Financials
    16.5.4 Business Segment & Geographic Overview
    16.5.5 Key Market Developments
    16.5.6 Key Strategies
    16.6. Sappi (South Africa)
    16.6.1 Overview
    16.6.2 Offerings
    16.6.3 Key Financials
    16.6.4 Business Segment & Geographic Overview
    16.6.5 Key Market Developments
    16.6.6 Key Strategies
    16.7. DS Smith (U.K.)
    16.7.1 Overview
    16.7.2 Offerings
    16.7.3 Key Financials
    16.7.4 Business Segment & Geographic Overview
    16.7.5 Key Market Developments
    16.7.6 Key Strategies
    16.8. Coveris (U.K.)
    16.8.1 Overview
    16.8.2 Offerings
    16.8.3 Key Financials
    16.8.4 Business Segment & Geographic Overview
    16.8.5 Key Market Developments
    16.8.6 Key Strategies
    16.9. Sabert (U.S.)
    16.9.1 Overview
    16.9.2 Offerings
    16.9.3 Key Financials
    16.9.4 Business Segment & Geographic Overview
    16.9.5 Key Market Developments
    16.9.6 Key Strategies
    16.10. Wihuri (Finland)
    16.10.1 Overview
    16.10.2 Offerings
    16.10.3 Key Financials
    16.10.4 Business Segment & Geographic Overview
    16.10.5 Key Market Developments
    16.10.6 Key Strategies