Press release
Expanding Packaging Industry On The Solid Bleached Sulfate (SBS) Board Market Emerges as a Core Driver of the Solid Bleached Sulfate (SBS) Board Market in 2025
Solid Bleached Sulfate (SBS) Board
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What Is the Expected CAGR for the Solid Bleached Sulfate (SBS) Board Market Through 2025?_x000D_
The solid bleached sulfate (SBS) board market has seen steady growth in recent years. It is expected to rise from $8.59 billion in 2024 to $8.92 billion in 2025, reflecting a CAGR of 3.9%._x000D_
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What's the Projected Size of the Global Solid Bleached Sulfate (SBS) Board Market by 2029?_x000D_
The market for solid bleached sulfate (SBS) board is poised to witness consistent growth in the upcoming years, with an expected valuation of $10.46 billion in 2029 and a CAGR of 4.1%. This growth trajectory during the forecasted period can be linked to heightened attention on innovative packaging in the electronics sector, the balancing act of cost-effectiveness and high quality, and investments made by corporations into R&D for enhancing the properties of SBS board. Other contributing factors include advances in food safety standards, and the development of recyclable and compostable coatings. The forecast period will also see trends like the adoption of lightweight packaging solutions, automation of production processes, the utilization of 3D printing technology, incorporation of augmented reality features into SBS board packaging, and the application of artificial intelligence algorithms for defect detection._x000D_
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Top Growth Drivers in the Solid Bleached Sulfate (SBS) Board Industry: What's Accelerating the Market? _x000D_
Going forward, the solid bleached sulfate (SBS) board market will find a considerable growth driver in the packaging industry. As an industry focused on the creation, manufacturing, and provision of materials designed to safeguard products for distribution, storage, sale, and use, the packaging sector has seen a sharp surge in demand, largely due to the expansion of e-commerce which invariably has ushered in an increased need for shipping and protective packaging. Consumer cravings for convenience and products that can be used on the move has led to innovative trends in single-serve and portable packaging designs. The high printability and aesthetic appeal, excellent strength and durability, multipurpose applications, environmentally-friendly and recyclable attributes, and superior barrier properties of Solid Bleached Sulfate (SBS) board have made it a favourite for protecting and marketing a wide array of products. A case in point is a report by Invest India, the national investment promotion and facilitation agency of India, projecting that by 2025, the Indian packaging market will reach a staggering $204.81 Bn, with a CAGR of 26.7% from 2020 to 2025. Thus, the proliferation of the packaging industry is a signal for the growth of the solid bleached sulfate (SBS) board market._x000D_
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What Trends Will Shape the Solid Bleached Sulfate (SBS) Board Market Through 2029 and Beyond?_x000D_
Leading businesses in the solid bleached sulfate (SBS) board market are focusing on the development of eco-conscious products to meet escalating consumer and regulatory demands for environmentally friendly packaging solutions. A sustainable cup, architected to reduce ecological harm, is made from green materials and boasts a re-usable design. For example, Clearwater Paper, a U.S.-based paper and forest product production business, unveiled NuVo with BioPBS, an eco-sustainable cup in June 2022. NuVo with BioPBS is a variant of solid bleached sulfate (SBS) board, refined with BioPBS, a decomposable and compostable bioplastic. This distinctive material fuses the robustness and superior printability of the SBS board with the ecological advantages of BioPBS, establishing it as an eco-conscious packaging solution._x000D_
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What Are the Main Segments in the Solid Bleached Sulfate (SBS) Board Market?_x000D_
The solid bleached sulfate (sbs) board market covered in this report is segmented - _x000D_
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1) By Product: Solid Bleached Sulfate C1S, Solid Bleached Sulfate C2S_x000D_
2) By Category: Coated, Uncoated_x000D_
3) By Application: Folding Carton, Cup And Plate, Liquid Packaging, Other Applications_x000D_
4) By End-Use: Food Packaging, Cosmetic Packaging, Pharmaceutical Packaging, Graphical Use, Electronics Packaging, Other End-Uses_x000D_
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Subsegments:_x000D_
1) By Solid Bleached Sulfate C1S: C1S Packaging Board, C1S Printing And Labeling Paper, C1S Cartons And Boxes _x000D_
2) By Solid Bleached Sulfate C2S: C2S Packaging Board, C2S Printing And Labeling Paper, C2S High-Quality Packaging Solutions_x000D_
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Which Top Companies are Driving Growth in the Solid Bleached Sulfate (SBS) Board Market?_x000D_
Major companies operating in the solid bleached sulfate (SBS) board market are WestRock Company, International Paper Company, Stora Enso, Smurfit Kappa, Graphic Packaging Holding Company (GPK), Georgia-Pacific, ITC Limited, Sappi Limited, Billerud AB, Fedrigoni, JK Paper Ltd., Holmen Iggesund, Oji Fiber Solutions (NZ) Limited, PakFactory, Diamond Packaging, Newman & Company Inc., Lamitech Inc., Sandusky Packaging Corporation, Cascades Sonoco, Hammond Paper Company Limited_x000D_
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Which Regions Will Dominate the Solid Bleached Sulfate (SBS) Board Market Through 2029?_x000D_
North America was the largest region in the solid bleached sulfate (SBS) board market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solid bleached sulfate (SBS) board market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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