According to the research report titled ‘Paper Honeycomb Market Size By Core, By Application, Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026‘, available with Market Study Report, global paper honeycomb market is anticipated to witness notable growth during 2020-2026.
 

Preference for environment friendly packaging, as well as rising adoption of the product across an array of industry verticals such as automotive, ceramics, glass, metal mechanics, household appliances, and others, are the major factors propelling the growth of global paper honeycomb market. Further, several benefits of paper honeycomb such as cost-effectiveness, durability, and lightweight are also likely to contribute to the industry growth.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2969025/
 

With respect to core, paper honeycomb industry is segmented into slices unexpanded, continuous unexpanded, and pre-expanded sheets. Based on application spectrum, the market is segmented into electronics, metal mechanics, building & construction, distribution, ceramics, glass, food & beverages, household appliances, furniture, and automotive.
 

As per the report, global paper honeycomb market share from household appliances application is poised to witness tremendous growth during the forecast period, as protective packaging is used extensively to make sure that there’s no damage to appliance during transportation and storage. Changing preference to use environment friendly packaging materials instead of fossil-based materials is also likely to contribute to the industry growth.
 

Moving on, metal mechanics application segment in global paper honeycomb market is also projected to register significant gains during the analysis timeframe, cites the report. Increasing utilization of metal mechanics products across several end-user industries like building & construction will boost the demand for paper honeycomb for robust packaging.
 

Based on geographical overview, LATAM paper honeycomb industry is expected to showcase impressive growth in coming years, owing to increasing automotive production in countries such as Brazil and Mexico which requires automotive packaging. Further, rise in construction activities due to rapid urbanization and surging population will also foster the product demand in LATAM.
 

Meanwhile, Middle East & Africa paper honeycomb market is anticipated to amass modest gains by the year 2026, mainly due to flourishing construction sector. Rise in ceramics and glass industry is also poised to fuel the market growth in MEA.

Key players operating in global paper honeycomb marketplace are Hexcel Corporation, Hexagonas Mexicanos Company, DuPont Inc., Honecore, Honicel Nederland BV, Industrial Packaging Corporation (IPC), American Containers Inc., PCA Hexacomb (Packaging Corporation of America), Greencore Packaging Solutions, Sunrise Mfg. Inc., AB Grigeo, Advanced Honeycomb Technologies Inc., and Smurfit Kappa Group.