Global Solid Board Market, By Material Type (Recycled Paper, Virgin Paper), Product Type (Bleached Solid Board, Unbleached Solid Board), Weight (Up to 200 GSM, 201-300 GSM, 301-500 GSM, Above 500 GSM), Application (Boxes, POP Displays, Edge Protectors, Trays, Layer Pads), End User (Electrical and Electronics, Healthcare and Pharmaceuticals, Cosmetics and Personal Care, Food and Beverages, Industrial Packaging, Building and Construction, Tobacco Packaging), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Global Solid Board Market Analysis and Insights
The solid board market size is expected to grow at a compound annual growth rate of 4.80% for the forecast period of 2021 to 2028. Data Bridge Market Research report on solid board market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Solid boards are perfect for manufacturing packaging solutions which can be used in humid conditions, and for packaging fresh food, frozen food and flowers. The use of solid boards offers a striking competitive advantage over other forms of packaging and other products.
The solid board market is expected to rise in demand due to the light weight of solid boards. The rise in application scope for manufacturing packaging and promotional products such as boxes, layer pads and POP displays is also projected to flourish the growth of the solid board in the forecast period of 2021 to 2028. The point-of-sale appeal and cost-effective packaging solutions, associated with sustainability offered by solid boards when compared to alternatives such as plastic or metal products are also anticipated to boost the demand of the solid board market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. Furthermore, the various benefits of these boards such as high moisture resistance, maximum stiffness and perfect protection for valuable products are also expected to push the growth of solid board market in the above mentioned forecast period.
The major factor which is expected to actively drive the demand of solid board market is the high disposable income and rise in the trend of e-commerce shopping. Likewise, the rise in consumer preference for eco-friendly products and distaste of consumers towards plastic-based products along with rise in focus on combating environmental issues are likely to offer various growth opportunities for the growth of solid board market over the forecast period of 2021 to 2028.
However, the presence of product alternate and environmental impact are expected to impede the growth of the solid board market in the above mentioned forecast period, whereas the presence of matured markets can challenge the growth of the solid board market.
This solid board market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the solid board market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Solid Board Market Scope and Market Size
The solid board market is segmented on the basis of material type, product type, weight, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material type, the solid board market is segmented into recycled paper and virgin paper.
- On the basis of product type, the solid board market is segmented into bleached solid board and unbleached solid board
- Based on weight, the solid board market is segmented into up to 200 GSM, 201-300 GSM, 301-500 GSM and above 500 GSM.
- On the basis of application, the solid board market is segmented into boxes, POP displays, edge protectors, trays and layer pads.
The end user segment for solid board market is segmented into electrical and electronics, healthcare and pharmaceuticals, cosmetics and personal care, food and beverages, industrial packaging, building and construction and tobacco packaging. Food and beverages have further been segmented into confectionery, fresh produce, milk and dairy, frozen food and meat and poultry.
Global Solid Board Market Country Level Analysis
The solid board market is analyzed and market size, volume information is provided by country, material type, product type, weight, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe leads the solid board market due to the high demand related to e-Commerce and delivery services as well as the strong presence of major players focusing on the move away from single-use plastics. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the low labor and operation costs.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Global Solid Board Market Share Analysis and Competitive Landscape
The solid board market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to solid board market.
The major players covered in the solid board market report are Smurfit Kappa, DS Smith, Mondi, NIPPON PAPER INDUSTRIES CO., LTD., Sealed Air, International Paper, VPK Group NV, SOLIDUS SOLUTIONS Holding B.V., Huhtamäki Oyj, Lyburn Supplies Limited, Tetra Pak, Sonoco Products Company, Mayr-Melnhof Karton AG, Georgia-Pacific, WestRock Company, Rengo Co.Ltd., Stora Enso, Billerudkorsnas AB, Pactiv LLC and METSÄ GROUP among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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