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Global Honeycomb Paperboard Packaging Market Size, Status and Forecast 2021-2027
Honeycomb paperboard packaging is a kind of protective packaging used before shipping of products. It is good as shock absorber, bracing, cradling, void fillers, cushion, and can be used for expandable pallets. It is an environment-friendly packaging solution, which is 100% recyclable. The unique design of honeycomb packaging products gives them advantage over their substitutes such as corrugated boxes, EPS, and wood. Honeycomb is one of the strongest and most economical core materials available today. Honeycomb paperboard packaging products include pads, spacer, fillers, and pallets, which are used for filling empty spaces, block and bracing, and wrapping. One of the key drivers contributing to the growth of this market is the high demand for protective and sustainable packaging. The increasing demand for honeycomb paperboard packaging is directly related to the high growth rate in the manufacturing industry and the e-commerce sector. The growing use of protective packaging materials in these sectors for safe product delivery is driving the market for honeycomb paperboard packaging. Honeycomb is one of the strongest and most economical core packaging materials with good absorbing, cradling, bracing, and cushioning features. The growing applications of honeycomb packaging, especially for electronics and automotive products, which have high chances of damage during transportation, will spur further growth prospects for this market during the forecast period.
Market Analysis and Insights: Global Honeycomb Paperboard Packaging Market The global Honeycomb Paperboard Packaging market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Honeycomb Paperboard Packaging market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Honeycomb Paperboard Packaging market in terms of revenue. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Honeycomb Paperboard Packaging market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Honeycomb Paperboard Packaging market.
Global Honeycomb Paperboard Packaging Scope and Market Size Honeycomb Paperboard Packaging market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Honeycomb Paperboard Packaging market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
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Segment by Type Interior Packaging Exterior Packaging Others
Segment by Application Shock Absorber Bracing Cradling Void Fillers Cushion
By Region North America U.S. Canada Europe Germany France U.K. Italy Russia Nordic Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA
By Company Smurfit Kappa PCA Cascades Axxor Complete Packaging Solutions Dufaylite Developments HonECOre Multi-Wall Packaging Rebul Custom Packaging Yoj Pack-Kraft
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Table of content
1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Honeycomb Paperboard Packaging Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Interior Packaging 1.2.3 Exterior Packaging 1.2.4 Others 1.3 Market by Application 1.3.1 Global Honeycomb Paperboard Packaging Market Share by Application: 2016 VS 2021 VS 2027 1.3.2 Shock Absorber 1.3.3 Bracing 1.3.4 Cradling 1.3.5 Void Fillers 1.3.6 Cushion 1.4 Study Objectives 1.5 Years Considered 2 Global Growth Trends 2.1 Global Honeycomb Paperboard Packaging Market Perspective (2016-2027) 2.2 Honeycomb Paperboard Packaging Growth Trends by Regions 2.2.1 Honeycomb Paperboard Packaging Market Size by Regions: 2016 VS 2021 VS 2027 2.2.2 Honeycomb Paperboard Packaging Historic Market Share by Regions (2016-2021) 2.2.3 Honeycomb Paperboard Packaging Forecasted Market Size by Regions (2022-2027) 2.3 Honeycomb Paperboard Packaging Industry Dynamic 2.3.1 Honeycomb Paperboard Packaging Market Trends 2.3.2 Honeycomb Paperboard Packaging Market Drivers 2.3.3 Honeycomb Paperboard Packaging Market Challenges 2.3.4 Honeycomb Paperboard Packaging Market Restraints 3 Competition Landscape by Key Players 3.1 Global Top Honeycomb Paperboard Packaging Players by Revenue 3.1.1 Global Top Honeycomb Paperboard Packaging
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gopisharmasworld · 3 years
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Composite Cans Market : Global Opportunity Analysis and Industry Forecast, 2021–2030
Composite cans are containers that consist of two ends and a cylindrical body, lid is made up of paper, boards, and kraft papers, whereas two ends or caps are made up of aluminium, metals, & plastic.
These composite cans are strong and durable as compared to conventional paper cans. They are high heat resistant, chemical resistant, and corrosion resistant. These are the significant factors responsible for the growth of composite cans in packaging industries. Composite cans are cost-effective & versatile in nature.
Many types of composite cans are available in the market, which include peel able foil end containers, easy open-end containers, and deep lid cans. These cans are safe and environmentally friendly. In addition, tamper evident are offered on top of composite cans to make these products child-resistant and to enhance product safety of cans.
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Market Scope and Structure Analysis
Report MetricDetails  Market Size Available for Years  2020–2030  Base Year Considered  2020  Forecast Period  2021–2030  Forecast Unit  Value (USD)  Regions Covered  North America, Europe, Asia-Pacific, LAMEA  Segment CoveredProducts Type, Price Point, Application Distribution Channel, and Region  Companies CoveredSmurfit Kappa Group Plc., Macherey-Nagel Gmbh & Co., Pioneer Packaging, Inc. Amcor ltd., Irwin Packaging Pty ltd., and Mondi Group Plc.
COVID-19 Impact analysis
Whole economy was suffering from crises specifically during the lockdown period due to COVID-19 outbreak. Composite cans industry was partly working during pandemic, as composite cans are widely used in food & beverages packaging industries and movement of essential goods was allowed by the government. However, the production cycle has been affected due to disruption in supply chain of raw materials, which has hampered the demand for composite cans and led to adverse effect on composite can market.
During COVID-19, e-commerce has played a vital role in re-gaining & supporting market growth. As use of online platform for ordering raw material helps in bridging gaps in supply chain and online food delivery platforms is helping to raise revenue from packaging industries.
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Top Impacting Factors
Increase in use of composite cans has been witnessed in the food & beverages packaging industry, as composite cans offer standard packaging to food products such as accuracy in molded dimensional & high flexural module to carry expected loads. In the food industry, composite cans are used for packaging of both dry and liquid food products such as snacks, pickles, tea, coffee, liquid condensed milk, chocolate, energy drinks, & mass gainers. These are some of the key factors that drive the demand for composite cans in packaging food products; thereby, driving the growth of the composite cans market.
Composite cans are made of ecofriendly materials since composite cans are made of papers and card board. This is leading to higher adoption of bio-degradable packaging and elimination of plastic containers from market. Increase in awareness among individuals further drives the growth of the composite can market.
Increase in prominence of composite cans in online food delivery industries has led to rapid growth in demand for composite containers. These composite food containers help pack food tightly and reduce chances of food spillages. Majority of people, such as students and bachelors, are dependent on online food delivery platforms, which is expected to boost the growth of the composite can market during the forecast period.
Market Trends
Use of composite cans as gifts article and for better branding
Composite cans are trending into a market as they are cost-effective, environmentally friendly, & non- toxic in nature. These cans are also used as gift articles and gift boxes as easy customization is possible on composite cans. Many cafes and restaurants have started printing their name on composite cans for better branding, and it makes containers more attractive and eye catchy, which fuels the growth of the composite cans market.
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Multiple uses of composite cans
Composite cans have eliminated use of tin containers as they are corrosive in nature. They look attractive, are light weight, and also has long time span, therefore, these containers can be re-used for storing different things.
Application of composite cans in food delivery
Major application of composite cans in online delivery of food products has played a vital role in the growth of the composite cans market. Composite cans are used as food container, and are very helpful in delivering food.
Key segments covered
Products Type
Containers
Cans & Lids
Price Point
Premium
Medium
Economy
Application
Food & Beverage Packaging
Consumer Goods
Industrial Goods
Textiles and Apparels
Agriculture Industries
Personal Care and Cosmetics
Distribution Channel
B2b
B2C
E-commerce
Region-
North AmericaU.S. Canada Mexico
EuropeGermany France UK Spain Italy Rest of Europe
Asia-PacificChina India Japan Australia South Korea Rest of Asia-Pacific
LAMEALatin America Middle East Africa
Key Benefits of Report-
This study presents the analytical depiction of the composite cans industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the composite cans market share.
The current market is quantitatively analyzed from 2020 to 2028 to highlight the Composite Cans market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed composite cans market analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions Answered in the Report
Who are the leading market players active in the composite cans market?
What current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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linhgd9 · 3 years
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Containerboard Market to reach USD 142.03 billion by 2027| Asia Pacific to Continue its Dominance with China on the Lead states Fortune Business Insights™
The global containerboard market share is projected to reach USD 142.03 billion by 2027 owing to the rising demand for sustainable packaging worldwide. Containerboards are paperboards used generally for packaging material due to their properties such as lightweight and paperweight, or high grammage. A recently published report by Fortune Business Insights
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 titled, “Containerboard Market Size, Share & Industry Analysis, By Material (Virgin, and Recycled), By End-User (Food & Beverage, Personal Care & Cosmetics, Industrial, and Others), and Regional Forecast, 2020-2027,”offers a qualitative and quantitative analysis of the market. As per this report,
The containerboard market size value of the market stood at USD 120.60 billion in 2019 and will exhibit a CAGR of 2.1% between 2020 to 2027.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Request a sample PDF:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/containerboard-market-102801
What are the Highlights of the Report?
The report offers an extensive overview of the market and highlights the growth drivers, restraints, upcoming opportunities, and possible challenges of the market. It also discusses the table of segmentation based on factors such as material, end-user, and geography with the names of the leading segment and its attributed factors. It also lists the names of players operating in the market and the key strategies adopted by them. Furthermore, the report discusses significant industry developments, current trends prevalent in the market, and other interesting insights that will help investors to make financial and beneficial decisions in the market.
Market Drivers
Increasing Demand from Pharmaceutical Industries to Boost Growth
With rapid industrialization, there is an increasing need for sustainable packaging from various sectors such as cosmetics, food and beverage, pharmaceutical, personal care, and others. This stands as a major factor in boosting the containerboard market growth. Besides this, the booming food and beverage sector with increasing popularity for ready-to-eat frozen food and convenient food would increase its productivity, thereby demanding more containerboards for package and shipment purposes. This will bode well for the market in the coming years.
On the contrary, regulatory impositions based on the use of nature-friendly resources for the production of containerboards may pose a major challenge for the market players, thereby hampering the overall market size. Nevertheless, the rapidly developing e-commerce industry would aid growth. Apart from that, the rising preference for product-specific corrugated boxes for safety concerns regarding external stress is likely to create lucrative growth opportunities for the market in the forthcoming years.
Regional Segmentation:
Asia Pacific to Continue its Dominance with China on the Lead
Asia Pacific is dominating the market with a revenue of USD 53.13 billion earned in 2019. The growth of this region is attributed to the rapid industrialization activities, coupled with a rise in the preference for ready-to-eat and packaged food and beverages. China stands as the leading producer of containerboard and will continue to do so in the forthcoming years on account of the busy lifestyle and rising production of convenient food products.
On the other side, the market in Europe is expected to exhibit significant growth owing to the expansion of the personal care and cosmetics market. The market in the Middle East and Africa and Latin America will grow steadily with the development of retail distribution channels and the increasing agriculture-related businesses in the respective regions.
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Competitive Landscape
Consolidated Nature of Market will Intensify Competition
The competitive landscape of the market is consolidated in nature with the presence of a bunch of players holding about 20% of the overall production capacity. These include Mondi Group, SCG Packaging Public Company Limited, DS Smith, Lee & Man Paper Manufacturing Ltd., and Smurfit Kappa. Major vendors are investing massively on the research and development of recyclable and water-resistant containerboard products to attract high revenue in the coming years. Besides this, the players are also engaging in collaborative efforts such as agreements and contracts, mergers and acquisitions, joint ventures, and others for gaining a competitive edge in the market.
List of Containerboard Market Manufacturers Include:
Stora Enso
Nine Dragons Paper (Holdings) Limited
Hamburger Containerboard
Georgia-Pacific LLC
Rengo Co., Ltd.
WestRock Company
Oji Fibre Solutions (NZ) Ltd.
International Paper
Smurfit Kappa
Lee & Man Paper Manufacturing Ltd.
DS Smith
SCG PACKAGING PUBLIC COMPANY LIMITED
Mondi Group
Other Players
A Significant Industry Development:
June 2018 – Mondi Group acquired Powerflute for USD 398 million for increasing the annual production capacity.
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