Hexagonal Packaging Market, By Product Type, By End Use Industry, By Geography

Description

The hexagonal packaging market is estimated to be valued at USD 15.99 Bn in 2024 and is expected to reach USD 24.85 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

Figure 1. Hexagonal Packaging Market Share (%), By Region, 2024

Hexagonal packaging provides numerous advantages over regular packaging formats. With six sides instead of four, hexagonal packaging maximizes space during transportation and storage. They can fit together tightly with no gaps in between, allowing 25% more products to be carried per truck or stored in a warehouse compared to circular or rectangular containers. The shape also provides protection from point impacts as force gets distributed evenly on the six sides. This has led to rising adoption of hexagonal packaging solutions across various industries such as food, beverage, pharmaceuticals, personal care products, and others in recent years.

Market Dynamics:

The global hexagonal packaging market is driven by the increasing demand from fast moving consumer goods industries. Rising health-conscious consumer preference for packaged foods and beverages is propelling the market growth. Hexagonal containers allow brands to showcase their products advantageously by utilizing maximum space on retail shelves. The growing e-commerce industry is another key growth driver as hexagonal boxes facilitate the safe delivery of fragile items. However, requirements of specialized packaging machinery as well as initial setup and manufacturing costs pose challenges to the market growth. Ongoing research towards the development of lightweight and sustainable packaging materials presents a significant opportunity for market players.

Key Features of the Study:

This report provides in-depth analysis of the global hexagonal packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global hexagonal packaging market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Smurfit Kappa, Hexagon Packaging (Pty) Ltd, The Custom Boxes Australia, Lalchand Box Maker, AnyCustomBox, Essence Ecocrafts, Boxpool LLP, The Champion Litho Press Sivakasi, Pak Factory, ZEE Packaging, Elite Custom Boxes, The Boxes Way, Boxorigin LLP, Handicrafts Goods, PackagingPrinting, and Healey Packaging Ltd
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global hexagonal packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Detailed Segmentation-

By Product Type:
- Container
- Boxes
- Cartons
- Others
By End-use Industry:
- Food Packaging
- Cosmetics & Personal Care
- Pharmaceuticals
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Smurfit Kappa
- Hexagon Packaging (Pty) Ltd
- The Custom Boxes Australia
- Lalchand Box Maker
- AnyCustomBox
- Essence Ecocrafts
- Boxpool LLP
- The Champion Litho Press Sivakasi
- Pak Factory
- ZEE Packaging
- Elite Custom Boxes
- The Boxes Way
- Boxorigin LLP
- Handicrafts Goods
- PackagingPrinting
- Healey Packaging Ltd

Product Code: CMI7047

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By End Use Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Hexagonal Packaging Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Hexagonal Packaging Market - COVID-19
Impact Analysis

5. Global Hexagonal Packaging Market, By Product Type, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Container
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Boxes
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Cartons
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Hexagonal Packaging Market, By End Use Industry, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Food Packaging
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Cosmetics & Personal Care
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Pharmaceuticals
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Hexagonal Packaging Market, By Region, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End Use Industry, 2019- 2031 (US$ Bn)
- Countries
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End Use Industry, 2019- 2031 (US$ Bn)
- Countries
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End Use Industry, 2019- 2031 (US$ Bn)
- Countries
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End Use Industry, 2019- 2031 (US$ Bn)
- Countries
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2020 - 2031
- Market Size and Forecast, By Product Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By End Use Industry, 2019- 2031 (US$ Bn)
- Sub-regions/Countries
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Smurfit Kappa
  - Company Overview
  - Product Type Portfolio
  - Recent Developments/Updates
- Hexagon Packaging (Pty) Ltd
- The Custom Boxes Australia
- Lalchand Box Maker
- AnyCustomBox
- Essence Ecocrafts
- Boxpool LLP
- The Champion Litho Press Sivakasi
- Pak Factory
- ZEE Packaging
- Elite Custom Boxes
- The Boxes Way
- Boxorigin LLP
- Handicrafts Goods
- PackagingPrinting
- Healey Packaging Ltd

9. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact
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