The global honeycomb paperboard packaging market to grow at a CAGR of 5.59% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global honeycomb paperboard packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated by end-users. The report also includes a discussion of the key vendors operating in this market.
According to the report, increased use in e-commerce industry is a major driver contributing to this markets growth. With increasing internet penetration and growing popularity of the mobile internet, the sales in the ecommerce industry is increasing. As vendors in the e-commerce industry need to deliver products within small time frames without damages, they opt for protective packaging solutions such as honeycomb paperboard packaging. Thus, the increase in sales in this industry is boosting the honeycomb paperboard packaging market.
The demand for protective packaging solutions in the ecommerce industry will increase further during the forecast period as ecommerce providers, who were initially focusing on reducing costs, are now emphasizing on reducing pilferage and damage in transit, brand building, product differentiation, and customer satisfaction.
Further, the report states that increasing demand for flexible protective packaging is a major challenge this market is facing. Flexible protective packaging is in huge demand because of the growing focus on convenience along with sustainability in the packaging industry. Flexible protective packaging materials are light weight with superior barrier properties and are easier to use compared to traditional rigid packaging materials. Moreover, flexible protective packaging is also becoming increasingly popular in the e-commerce industry, which primarily uses protective mailers, air pillows, and bubble packaging for the safe delivery of products to customers.
- Smurfit Kappa
- Packaging Corporation of America
Other prominent vendors
- Complete Packaging Solutions
- Dufaylite Developments
- HonECOre Paper Honeycomb Solutions
- Honeycomb Products Inc.
- Multi-Wall Packaging
- Rebul Custom Packaging
- Yoj Pack-Kraft
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Five Forces Analysis
Part 07: Market segmentation by packaging type
Part 08: Geographical segmentation
Part 09: Summary of key figures
Part 10: Market drivers
Part 11: Impact of drivers
Part 12: Market challenges
Part 13: Impact of drivers and challenges
Part 14: Market trends
Part 15: Vendor landscape
For more information about this report visit http://www.researchandmarkets.com/research/n4k6gj/global_honeycomb
Research and Markets
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SOURCE Research and Markets