Solid Board Market Size, Share, Growth, Trends, and Global Industry Analysis: By material Type (Recycled Paper, Virgin Paper), By product type (Boxes, Trays, Edge Protectors, POP Display, Layer Pads, Others), By End- User (Electrical and Electronics, Cosmetics and Personal Care, Healthcare and Pharmaceuticals, Food and Beverages, Others) and Region Forecast 2019-2030

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Solid Board Market was valued at USD 8,525.3 million in 2023 and grew at 3.8% CAGR over the historical years (2019 - 2023). The Solid Board market is projected to reach USD 11,683.9 million by 2030 at a CAGR of 4.1%. The solid board market is expected to increase significantly, owing to its optimal applicability in packaging solutions for humid areas, as well as in the packaging of fresh produce, frozen items and flowers. Solid boards have a particular competitive edge over other packaging materials due to their unique features.

One of the primary reasons for the increased demand for solid boards is their lightweight nature, which makes them an appealing alternative for a wide range of packaging and promotional applications, including boxes, layer pads, and point-of-purchase (POP) displays. This versatility, along with their great point-of-sale appeal, provides a cost-effective and environmentally friendly alternative to standard packaging materials such as plastic and metal.

The solid board market is expected to develop significantly from 2024 to 2030, as firms prioritize sustainability in their packaging solutions. Furthermore, solid boards offer various advantages that drive demand, such as increased moisture resistance, stiffness, and greater protection for valuable products. These advantages make solid boards a more popular choice, adding to the market's growth over the forecast period.

Solid Board Market Key Developments:

  • On April 30, 2024, LEIPA, a renowned maker of sustainable board solutions, launched their latest product: a digitally printable board. This unique device enables clients to print bespoke graphics, barcodes, sequential numbers, small quantities, quantity top-ups, and creative patterns directly onto LEIPA board sheets. LEIPA pioneers this game-changing substrate for the digital printing process in collaboration with packaging. digital, the first printing service provider for digitally printed solid board packaging, and Xeikon, using their IDERA digital printing technology. This product innovation gives clients new ways to increase the value of their carton packaging.
  • On April 16, 2024, International Paper and DS Smith Plc agreed on an all-share merger, resulting in a global leader in sustainable packaging

Solid Board Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.1%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific

Solid Board Market Dynamics

The solid board industry is expanding in response to rising demand for sustainable packaging, which is being driven by increased environmental consciousness and a shift away from plastic. Because of its durability and lightweight nature, e-commerce has increased the need for solid board packaging. Furthermore, the food and beverage industry's need for solid board, which is used to package a variety of items, is increasing. Manufacturing technological developments, like as better recycling processes and increased coatings, are also helping to drive market growth by enhancing the quality and performance of solid board products. Despite rising demand, market expansion may be hampered by the volatility of raw material costs utilized in solid board manufacture. Despite rising demand, market growth may be hampered by volatility in raw material prices for solid board manufacture. This price fluctuation could affect the product's cost-effectiveness, thereby impeding market expansion. Furthermore, the technical limits of solid boards in specific packaging applications may impose difficulties. Furthermore, the industry presents potential opportunities, particularly with the growing use of digital printing technologies to improve the visual attractiveness of solid boards for promotional packaging. Furthermore, the rising application of solid boards in industries such as food and beverages, medicines, and chilled packaging presents significant opportunities for market expansion throughout the forecast.

Solid Board Market Segmentation

By Material Type

  • Recycled Paper
  • Virgin Paper

By Product Type

  • Boxes
  • Trays
  • Edge Protectors
  • POP Display
  • Layer Pads
  • Others

By End User

  • Electrical and Electronics
  • Cosmetics and Personal Care
  • Healthcare and Pharmaceuticals
  • Food and Beverages
  • Others

Frequently Asked Questions

The Solid Board market was valued at USD 8,525.3 million in 2023 and is projected to reach USD 11,683.9 million by 2030, growing at a CAGR of 4.1%.

Rising environmental concerns have contributed to the market growth of solid boards over polymer-based boards.

The market demand is driven by the rapid expansion of the processed food sector and rising demand for frozen food items.

Market research is segmented based on material type, application, end-user, and region.

Asia-Pacific is estimated to largest share with the highest CAGR over the forecast period.

Key Features of the Report

  • The solid board market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1.Executive Summary
2.Global Solid Board Market Introduction 
2.1.Global Solid Board Market  - Taxonomy
2.2.Global Solid Board Market  - Definitions
2.2.1.Material Type
2.2.2.Product Type
2.2.3.End User
2.2.4.Region
3.Global Solid Board Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Solid Board Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Solid Board Market  By Material Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Recycled Paper
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Virgin Paper
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Solid Board Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Boxes
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Trays
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Edge Protectors
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. POP Display
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Layer Pads
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Solid Board Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Electrical and Electronics
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Cosmetics and Personal Care
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Healthcare and Pharmaceuticals
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Food and Beverages
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Others
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.Global Solid Board Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Solid Board Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Recycled Paper
9.1.2.Virgin Paper
9.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Boxes
9.2.2.Trays
9.2.3.Edge Protectors
9.2.4.POP Display
9.2.5.Layer Pads
9.2.6.Others
9.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Electrical and Electronics
9.3.2.Cosmetics and Personal Care
9.3.3.Healthcare and Pharmaceuticals
9.3.4.Food and Beverages
9.3.5.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Solid Board Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Material Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Recycled Paper
10.1.2.Virgin Paper
10.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Boxes
10.2.2.Trays
10.2.3.Edge Protectors
10.2.4.POP Display
10.2.5.Layer Pads
10.2.6.Others
10.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Electrical and Electronics
10.3.2.Cosmetics and Personal Care
10.3.3.Healthcare and Pharmaceuticals
10.3.4.Food and Beverages
10.3.5.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Solid Board Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Material Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Recycled Paper
11.1.2.Virgin Paper
11.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Boxes
11.2.2.Trays
11.2.3.Edge Protectors
11.2.4.POP Display
11.2.5.Layer Pads
11.2.6.Others
11.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Electrical and Electronics
11.3.2.Cosmetics and Personal Care
11.3.3.Healthcare and Pharmaceuticals
11.3.4.Food and Beverages
11.3.5.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Solid Board Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Material Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Recycled Paper
12.1.2.Virgin Paper
12.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Boxes
12.2.2.Trays
12.2.3.Edge Protectors
12.2.4.POP Display
12.2.5.Layer Pads
12.2.6.Others
12.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Electrical and Electronics
12.3.2.Cosmetics and Personal Care
12.3.3.Healthcare and Pharmaceuticals
12.3.4.Food and Beverages
12.3.5.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Solid Board Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Material Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Recycled Paper
13.1.2.Virgin Paper
13.2.  Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Boxes
13.2.2.Trays
13.2.3.Edge Protectors
13.2.4.POP Display
13.2.5.Layer Pads
13.2.6.Others
13.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Electrical and Electronics
13.3.2.Cosmetics and Personal Care
13.3.3.Healthcare and Pharmaceuticals
13.3.4.Food and Beverages
13.3.5.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Lyburn Supplies
14.2.2.DS Smith
14.2.3.International Paper
14.2.4.Sonoco
14.2.5.Tetra Pak
14.2.6.Huhtamaki
14.2.7.VPK Packaging Group
14.2.8.Essentra
14.2.9.Solidus Solutions
14.2.10.Smurfit Kappa
15. Research Methodology 
16. Appendix and Abbreviations 

 

  • Lyburn Supplies
  • DS Smith
  • International Paper
  • Sonoco
  • Tetra Pak
  • Huhtamaki
  • VPK Packaging Group
  • Essentra
  • Solidus Solutions
  • Smurfit Kappa

Adjacent Markets