The solid bleached sulfate (SBS) paperboard market size reached US$ 8.70 billion in 2024 and is expected to reach approximately US$ 10.91 billion by 2034, growing at a CAGR of 2.3% during the forecast period from 2024 to 2034.
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Bleached chemical pulp with a coating in its top layer and some grades in its reverse side is known as solid bleached sulfate (SBS) board. It is used for high-quality graphical and packaging products as it has high strength, adaptability, and printability. These are widely used in electronics, cosmetics, chocolates, and pharmaceuticals for packaging purposes. These are the eco-friendly and sustainable packaging options due to which manufacturers, suppliers, and end-users depend upon SBS for packaging services. These are available in 200 to 600 GSM which makes them appropriate for various types of printing processes. SBS are found appropriate for flavour as well as essence packaging. The global packaging market size is estimated to grow from USD 1.20 trillion in 2022 to reach an estimated USD 1.58 trillion by 2032, growing at a 3.16% CAGR between 2023 and 2032.
By type, the SBS C1S segment led the solid bleached sulfate (SBS) boards market in 2023. This rising trend for luxury packaging in various sectors has enhanced the growth of the packaging industry. It fulfils the demand for sustainability by producing recyclable products in the market. These boards have one smooth surface that is suitable for printability to enhance the product’s appearance.
By application, the folding type segment led the solid bleached sulfate (SBS) boards market in 2023. This type is beneficial for pharmaceutical, food & beverage, and cosmetic markets by providing structural integrity while packaging products. Folding boards are durable yet lightweight which makes them ideal in these sectors for packaging purposes.
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