Honeycomb Paper Market Overview
The rising adoption of expanded paper honeycomb as a sustainable and lightweight substitute for traditional materials like solid fillings, chipboard strips.
WILMINGTON, DE, UNITED STATES, February 25, 2025 /
EINPresswire.com/ -- Allied Market Research has published a new report titled, โ
Honeycomb Paper Market by Core Type (Expanded Paper Honeycomb, Expanded Paper Honeycomb Blocks, Continuous Paper Honeycomb, Others), by Cell Size (Up to 10 mm, 10 to 30 mm, Above 30 mm), by End-use Industry (Home Dรฉcor, Transport & Logistics, Automotive, Building & Construction, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030.โ
According to the report, the global honeycomb paper market was valued at $6.5 billion in 2020 and is projected to reach $11.0 billion by 2030, growing at a CAGR of 5.4% from 2021 to 2030.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
https://www.alliedmarketresearch.com/request-sample/A11829
Market Drivers, Challenges, and Opportunities
- Growth Drivers: The rising adoption of expanded paper honeycomb as a sustainable and lightweight substitute for traditional materials like solid fillings, chipboard strips, and tube boards in interior doors and partition walls is fueling market expansion.
- Challenges: The poor processing performance of paper honeycomb boards limits their application in certain end-use industries, posing a challenge to market growth.
- Opportunities: The increasing use of paper honeycomb pallets for air shipments, due to their low weight and high durability, presents lucrative growth prospects for industry players.
Key Market Segments
Cell Size:
- The 10 to 30 mm segment accounted for nearly 50% of the market share in 2020 and is expected to maintain dominance, registering the fastest CAGR of 5.6% through 2030.
- The demand for honeycomb cores ranging from 10 mm to 30 mm is increasing in building & construction, particularly for interior door applications.
End-use Industry:
- The home dรฉcor segment held over 40% of the market share in 2020 and is projected to grow at a CAGR of 5.8%.
- The growing popularity of eco-friendly materials in interior dรฉcor, such as honeycomb core furniture and doors, is driving this segmentโs expansion.
Regional Insights
- Asia-Pacific (APAC), followed by Europe and North America, led the market in 2020, accounting for more than 40% of global revenue.
- APAC is also projected to experience the highest CAGR of 6.2% by 2030, driven by the increasing demand for sustainable home dรฉcor solutions and strong manufacturing growth in the region.
Key Market Players
- Lsquare Eco Products Pvt. Ltd.
- Greencore Packaging
- Honicel Nederland B.V.
- EcoGlobe Packaging Private Limited
- Helios Packaging
- MAC PACK
- Axxor
- Crown Holdings Inc.
- Schรผtz GmbH & Co. KGaA
- YOJ Pack-Kraft
As sustainability continues to shape industries, the honeycomb paper market is poised for steady growth, with increasing adoption in home dรฉcor, packaging, and logistics.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐:
https://www.alliedmarketresearch.com/honeycomb-paper-market/purchase-options
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