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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. Sample figures with some insights are shown below.
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?
For any questions related to Solid Board Market, Solid Board Market Size, Solid Board Market Growth, Solid Board Market Analysis, Solid Board Market Report, Solid Board Market Share, Solid Board Market Trends, Solid Board Market Forecast, Solid Board Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Solid Board Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Solid Board Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Solid Board Market by Material Type
3.3.1: Virgin Paper
3.3.2: Recycled Paper
3.4: Global Solid Board Market by Application
3.4.1: Layer Pads
3.4.2: Trays
3.4.3: Edge Protectors
3.4.4: POP Displays
3.4.5: Boxes
3.5: Global Solid Board Market by End Use
3.5.1: Building and Construction
3.5.2: Tobacco Packaging
3.5.3: Food and Beverages
3.5.4: Cosmetics
3.5.5: Electronics
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Solid Board Market by Region
4.2: North American Solid Board Market
4.2.1: North American Solid Board Market by Application: Layer Pads, Trays, Edge Protectors, POP Displays, and Boxes
4.2.2: North American Solid Board Market by End Use: Building and Construction, Tobacco Packaging, Food and Beverages, Cosmetics, and Electronics
4.3: European Solid Board Market
4.3.1: European Solid Board Market by Application: Layer Pads, Trays, Edge Protectors, POP Displays, and Boxes
4.3.2: European Solid Board Market by End Use: Building and Construction, Tobacco Packaging, Food and Beverages, Cosmetics, and Electronics
4.4: APAC Solid Board Market
4.4.1: APAC Solid Board Market by Application: Layer Pads, Trays, Edge Protectors, POP Displays, and Boxes
4.4.2: APAC Solid Board Market by End Use: Building and Construction, Tobacco Packaging, Food and Beverages, Cosmetics, and Electronics
4.5: ROW Solid Board Market
4.5.1: ROW Solid Board Market by Application: Layer Pads, Trays, Edge Protectors, POP Displays, and Boxes
4.5.2: ROW Solid Board Market by End Use: Building and Construction, Tobacco Packaging, Food and Beverages, Cosmetics, and Electronics
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Solid Board Market by Material Type
6.1.2: Growth Opportunities for the Global Solid Board Market by Application
6.1.3: Growth Opportunities for the Global Solid Board Market by End Use
6.1.4: Growth Opportunities for the Global Solid Board Market by Region
6.2: Emerging Trends in the Global Solid Board Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Solid Board Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Solid Board Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: VPK Packaging
7.2: Smurfit Kappa
7.3: nternational Paper
7.4: Nuttall packaging
7.5: Eska
7.6: reston Board & Packaging
7.7: Unipak
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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