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Paper Honeycomb Market Trends

Report ID: GMI4814
Published Date: Nov 2024
Report Format: PDF

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Paper Honeycomb Market Trends

The growing e-commerce sector significantly increases the need for lightweight packaging solutions. With the growth of online shopping, there has been an increased demand for packaging materials that can protect products during transport while at the same time minimizing shipping costs. Paper Honeycomb offers a perfect solution that provides strong protection to goods without adding too much weight. Not only does this reduce shipping costs, but it also meets the growing consumer concerns and regulations about sustainability by using eco-friendly materials.

For example, in 2023, Kevlar® 1 mil N636 paper won a Silver Award for High-Performance Design in the Aerospace and Aviation Technologies category. This ultra-thin, ultra-light honeycomb paper is 20-30% lighter than similar products and can reduce the total aircraft weight by 3-4%, reducing operating costs and enhancing efficiency in the aircraft cabin.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for paper honeycomb was valued at USD 4.5 billion in 2024 and is projected to reach USD 6.9 billion by 2034, driven by a CAGR of over 4.7% from 2025 to 2034.

The furniture segment held an 11.9% market share in 2024, amounting to USD 540 million, and is projected to grow at a 5.2% CAGR from 2025 to 2034, driven by the demand for lightweight and durable furniture.

The U.S. market is projected to reach USD 1.7 billion by 2034, driven by a CAGR of 5% from 2025 to 2034, fueled by rapid industrialization, urbanization, and growing environmental awareness.

Major players in the industry include Grigeo AB, IPC Industrial Packaging Corporation, Smurfit Kappa, Greencore Packaging, Honecore, Hexagonas Mexicanos, Sunrise MFG Inc., PCA Hexacomb, Honicel Netherland BV, and DuPont.