Solid Beached Board (SBB) and Solid Bleached Sulphate (SBS) Board by Type (Overview: Global Solid Beached Board (SBB) and Solid Bleached Sulphate (SBS) Board Consumption Value, C1S, C2S), by Application (Overview: Global Solid Beached Board (SBB) and Solid Bleached Sulphate (SBS) Board Consumption Value, Folding Carton, Cup and Plate, Liquid Packaging, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global SBB and SBS board market size was valued at USD 8,277.9 million in 2022 and is projected to grow at a CAGR of 2.1% from 2023 to 2032. The growth of the market can be attributed to the increasing demand for packaging in various end-use industries such as food and beverages, pharmaceuticals, and personal care. Additionally, the rising popularity of e-commerce and the growing middle class in developing countries are expected to contribute to the market's growth.
The C1S segment accounted for the largest market share in 2022, and it is expected to continue dominating the market during the forecast period. This is attributed to the wide applications of C1S paperboard in packaging, including food, beverages, cosmetics, and pharmaceuticals. The folding carton segment accounted for the largest market share in 2022, and it is projected to continue dominating the market during the forecast period. The growth can be attributed to the increasing demand for folding cartons in various end-use industries, including food and beverage, pharmaceuticals, and personal care.
The global market for Solid Beached Board (SBB) and Solid Bleached Sulphate (SBS) Board is projected to reach USD XXX million by 2027, growing at a CAGR of XXX% from 2021 to 2027. Key market insights include the rising demand for sustainable packaging solutions, the growing popularity of e-commerce, and the increasing use of SBS in liquid packaging.
The growth of the SBB and SBS board market is driven by several factors. Firstly, the increasing demand for sustainable packaging solutions is a major driver. Consumers are becoming more aware of the environmental impact of packaging, and they are seeking out products that are made from sustainable materials. SBB and SBS board are both made from renewable resources, and they can be recycled after use.
Secondly, the growing popularity of e-commerce is another key driver of market growth. E-commerce shipments require robust packaging materials that can protect products from damage during transit. SBB and SBS board are both strong and durable materials, making them ideal for e-commerce packaging.
Finally, the increasing use of SBS in liquid packaging is also driving market growth. SBS board is an excellent barrier material, which makes it ideal for packaging liquids such as milk, juice, and soft drinks. The growing demand for liquid packaging is expected to continue to drive the growth of the SBS board market in the coming years.
The SBB and SBS board market faces a number of challenges and restraints. Firstly, the high cost of SBB and SBS board can be a barrier to entry for some companies. Secondly, the availability of alternative packaging materials, such as plastic and metal, can limit the growth of the SBB and SBS board market. Finally, the environmental impact of SBB and SBS board production can be a concern for some consumers.
The Asia-Pacific region is expected to dominate the global SBB and SBS board market over the forecast period. This is due to the region's large population and growing middle class. The increasing demand for sustainable packaging solutions in the region is also expected to drive market growth.
Among the segments, the folding carton segment is expected to account for the largest share of the global SBB and SBS board market over the forecast period. Folding cartons are used to package a wide range of products, including food, beverages, and pharmaceuticals. The growing demand for e-commerce is expected to drive the growth of the folding carton segment in the coming years.
Several growth catalysts are expected to drive the growth of the SBB and SBS board industry in the coming years. These include the increasing demand for sustainable packaging solutions, the growing popularity of e-commerce, and the increasing use of SBS in liquid packaging. In addition, the development of new technologies, such as lightweight SBB and SBS board, is expected to further drive market growth.
The global SBB and SBS board market is highly competitive. Some of the leading players in the market include:
Several significant developments have occurred in the SBB and SBS board industry in recent years. These include the development of new technologies, such as lightweight SBB and SBS board, and the increasing use of SBB and SBS board in sustainable packaging solutions. In addition, there has been a growing trend towards consolidation in the industry, as major players acquire smaller companies to expand their market share.
This report provides a comprehensive overview of the global SBB and SBS board market. The report includes an analysis of the key market trends, drivers, and challenges. The report also provides a forecast of the market size and growth rate for the period 2021 to 2027.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 2.1% from 2019-2033 |
Segmentation |
|
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 2.1% from 2019-2033 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.