Published by Coherent Market Insights
Posted on September 28, 2021
4 min readLast updated: February 1, 2026
The honeycomb packaging market is growing due to eco-friendly demand, with North America leading. Key players include ACH Foam Technologies and BASF SE.
Honeycomb structures are naturally occurring or man-made that have the geometry of a honeycomb. These are used between two thin sheets to make materials for honeycomb packaging. Honeycomb structure aids the material used in packaging in reducing density and increasing shear and compression properties. This enables in minimizing the material usage and maximizes strength. Honeycomb packaging is 100% ecofriendly, lightweight, shock absorbent and does not change in dimensions with temperature variations. It provides advantages such as easy handling and transportation, easy disposal, and low cost.
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Increasing demand for sustainable packaging by various industries such as automotive, furniture, consumer goods, and others are the major growth drivers for honeycomb packaging. Furthermore, the growing demand for e-Commerce sector owing to increasing utilization of smart phones is propelling the growth of packaging industry, which in turn has augmented the growth of honeycomb packaging.
Increasing demand for flexible packaging is the major challenge to honeycomb packaging market. Stringent government regulation by U.S. Environmental Protection Agency and other regulatory bodies on the recyclability and environment hazards of the material used in flexible packaging such as plastic and aluminium is expected to boost growth of the honeycomb packaging market as honeycomb packaging is made from environment friendly material.
The major market players operating in the honeycomb packaging market are ACH Foam Technologies, BASF SE, DS Smith Plc, Huhtamaki Group, Lsquare Eco-Products Pvt. Ltd., Packaging Corporation of America, Sealed Air Corporation, Sonoco Products Company, Smurfit Kappa Group, and WestRock Company.
The honeycomb packaging market is highly competitive with the major market players adopting various strategies such as merger and acquisitions, collaborations and new product launches to gain an edge in the market. For instance, in April 2015, Smurfit Kappa Benelux, which is a subsidiary of Smurfit Kappa, acquired Mexican and European operations of Hexacomb, which is a subsidiary of Packaging Corporation of America. Also, in March 2017, Automated Packaging Systems launched a new AirPouch FastWrap, which is a cost effective packaging solution as compared to other wrappings such as pre-filled and paper bundled bubble and foam sheeting.
Market Dynamics
North America is accounted for the largest share of 34.79% in 2016 in the market. This is attributed to growing demand and government regulations for environment friendly packaging such as honeycomb. Asia Pacific is estimated to be the second largest and the fastest growing market over the forecast period due to rapid growth in automotive, industrial, and other sectors, especially in emerging economies such as India and China.
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The post Honeycomb Packaging Market 2021 Rapidly Grow In All Over World By Key Companies appeared first on Gatorledger.
The article discusses the growth and dynamics of the honeycomb packaging market.
Increasing demand for sustainable and eco-friendly packaging solutions.
Key players include ACH Foam Technologies, BASF SE, and Smurfit Kappa Group.
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