Solid Board Market Report: Trends, Forecast and Competitive Analysis to 2030

Solid Board Trends and Forecast

The future of the global solid board market looks promising with opportunities in the building and construction, tobacco packaging, food and beverage, cosmetic, and electronic markets. The global solid board market is expected to reach an estimated $11.5 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are growing demand for processed food industry and increasing consumer preference towards eco-friendly products.

A more than 150-page report is developed to help in your business decisions.

Solid Board by Segment

The study includes a forecast for the global solid board by material type, application, end use, and region.

Solid Board Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:

• Virgin Paper
• Recycled Paper

Solid Board Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Layer Pads
• Trays
• Edge Protectors
• Pop Displays
• Boxes

Solid Board Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Building and Construction
• Tobacco Packaging
• Food and Beverages
• Cosmetics
• Electronics

Solid Board Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Solid Board Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies solid board companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the solid board companies profiled in this report include-

• VPK Packaging
• Smurfit Kappa
• nternational Paper
• Nuttall packaging
• Eska
• reston Board & Packaging
• Unipak

Solid Board Market Insights

Lucintel forecasts that box will remain the largest segment over the forecast period due to increasing utilization of solid boards to hold various items in those containers for storage and transportation purposes.

Within this market, food and beverage will remain the largest segment due to rising demand for food and beverage packaging.

Europe is expected to witness highest growth over the forecast period due to significantly growing e-commerce industry and presence of major players in the region.

Features of the Global Solid Board Market

Market Size Estimates: Solid board market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Solid board market size by material type, application, end use, and region in terms of value ($B).

Regional Analysis: Solid board market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different material types, applications, end uses, and regions for the solid board market .

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the solid board market .

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the solid board market size?

Answer: The global solid board market is expected to reach an estimated $11.5 billion by 2030.

Q2. What is the growth forecast for solid board market ?

Answer: The global solid board market is expected to grow with a CAGR of 3.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the solid board market ?

Answer: The major drivers for this market are growing demand for processed food industry and increasing consumer preference towards eco-friendly products.

Q4. What are the major segments for solid board market ?

Answer: The future of the solid board market looks promising with opportunities in the building and construction, tobacco packaging, food and beverage, cosmetic, and electronic markets.

Q5. Who are the key solid board market companies?

Answer: Some of the key solid board companies are as follows.

• VPK Packaging
• Smurfit Kappa
• nternational Paper
• Nuttall packaging
• Eska
• reston Board & Packaging
• Unipak

Q6. Which solid board market segment will be the largest in future?

Answer: Lucintel forecasts that box will remain the largest segment over the forecast period due to increasing utilization of solid boards to hold various items in those containers for storage and transportation purposes.

Q7. In solid board market , which region is expected to be the largest in next 5 years?

Answer: Europe is expected to witness highest growth over the forecast period due to significantly growing e-commerce industry and presence of major players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the solid board market by material type (virgin paper and recycled paper), application (layer pads, trays, edge protectors, pop displays, and boxes), end use (building and construction, tobacco packaging, food and beverages, cosmetics, and electronics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?