PUBLISHER: The Business Research Company | PRODUCT CODE: 1691883
PUBLISHER: The Business Research Company | PRODUCT CODE: 1691883
Honeycomb packaging is crafted from layers of paperboard or cardboard arranged in a hexagonal pattern, resembling honeycomb cells. This packaging solution is designed with recyclable and biodegradable materials, providing a sustainable substitute for conventional packaging materials.
The primary varieties of honeycomb packaging materials encompass paper-based, plastic-based, and aluminum-based options. Paper-based honeycomb packaging utilizes recycled paper to construct honeycomb structures, ensuring robustness, resilience, and shock absorption. This packaging solution includes diverse formats such as boxes, cartons, pallets, pads, and interior packing, serving multiple industries including automotive, consumer products, food and beverage, and industrial sectors.
The honeycomb packaging market research report is one of a series of new reports from The Business Research Company that provides honeycomb packaging market statistics, including honeycomb packaging industry global market size, regional shares, competitors with a honeycomb packaging market share, detailed honeycomb packaging market segments, market trends and opportunities, and any further data you may need to thrive in the honeycomb packaging industry. This honeycomb packaging market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The honeycomb packaging market size has grown strongly in recent years. It will grow from $13.67 billion in 2024 to $14.37 billion in 2025 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to increasing demand for sustainable and eco-friendly packaging solutions, growth of e-commerce and online retail sectors, expansion of the electronics and automotive industries, preference for lightweight yet strong packaging materials, rising awareness about the benefits of recyclable packaging, adoption in food and beverage packaging for protection and insulation, expansion of the logistics and transportation sectors.
The honeycomb packaging market size is expected to see strong growth in the next few years. It will grow to $17.69 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to the continuation of the trend towards sustainable packaging options, growth of the pharmaceutical and healthcare industries, expansion of the construction and building materials sector, increasing regulations promoting environmentally friendly packaging, demand for protective and cushioning packaging solutions, focus on reducing packaging waste and carbon footprint, adoption in the furniture and home goods packaging. Major trends in the forecast period include the integration of advanced manufacturing techniques, development of recyclable materials, collaboration between manufacturers and end-users, expansion for product protection, adoption of automation and robotics, and integration of smart packaging features.
The rise in e-commerce sales is expected to fuel the growth of the honeycomb packaging market moving forward. E-commerce sales involve the buying and selling of goods or services through online platforms or websites. This market is expanding due to several factors, including increased demand for convenience in shopping, the widespread use of smartphones and the Internet, and its global reach. Honeycomb packaging offers strong protection for products during transit while being lightweight yet durable, making it ideal for e-commerce shipments. Additionally, honeycomb packaging is designed to optimize space efficiency, improving storage and transportation capacity for e-commerce deliveries. For example, in February 2024, Digital 360 Commerce, a U.S.-based B2B e-commerce research and media company, reported that e-commerce sales in the U.S. reached $1.119 trillion in 2023, up from $1.040 trillion in 2022, marking a 7.6% growth. Consequently, the continued growth of e-commerce sales is driving the expansion of the honeycomb packaging market.
Key players in the honeycomb packaging market are concentrating on innovating packaging solutions to cater to the increasing demand from low- and medium-volume e-commerce retailers and fulfillment companies. One such innovation is paper wrapping systems, which utilize paper-based materials within honeycomb structures for product protection and containment. Sealed Air Corporation introduced the QuikWrap Nano and QuikWrap M systems in November 2022. These systems, powered without electricity and requiring minimal assembly, offer efficient packaging solutions for e-commerce businesses. The QuikWrap Nano, suitable for low-volume enterprises, features a compact corrugated board dispensing box holding expanding die-cut honeycomb paper and interleaf tissue paper. On the other hand, the QuikWrap M is designed for medium-volume operations and is refillable, accommodating larger rolls of honeycomb paper and tissue paper. Both systems provide double-layered protection for products, utilizing FSC-certified recyclable paper with tear and hold technology.
In May 2022, BEWI ASA, a Norway-based manufacturer of polystyrene foam products, acquired Honeycomb Cellpack A/S for an undisclosed amount. This acquisition enables BEWI to strengthen its strategy of enhancing its product range in paper packaging, providing complementary solutions to its existing offerings. BEWI's strategy focuses on expanding production capacity and advancing sustainability initiatives through this broadened portfolio. Honeycomb Cellpack A/S is a Denmark-based company known for its expertise in sustainable paper packaging solutions.
Major companies operating in the honeycomb packaging market are BASF SE, WestRock Company, DS Smith plc, Packaging Corporation of America, Sonoco Products Company, Sealed Air Corporation, Huhtamaki PPL Limited, Flexi-Hex, Smurfit Kappa Group plc, Signode Industries Inc., Eco-Products Pvt. Ltd., ACH Foam Technologies Inc., Axxor Group, Cascades Inc., Nordgrens Emballage FABrik Group, Premier Packaging Products Pvt. Ltd., Macpac Industries Private Limited, IPC Industrial Packaging Corp., Lsquare Eco Products Pvt. Ltd., Eltete TPM Ltd., Pheng Hoon Honeycomb Paper Products Pte. Ltd., Honeycomb Cellpack A/S, Nubold Group Ltd., American Containers Inc., Corint Group Inc., Honicel Nederland BV
North America was the largest region in the honeycomb packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the honeycomb packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the honeycomb packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The honeycomb packaging market consists of sales of products such as honeycomb boards, panels, adhesives, protective liners, and edge protectors. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Honeycomb packaging Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on honeycomb packaging market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for honeycomb packaging ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The honeycomb packaging market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.