The traditional pegboard is a wooden board with holes in it where pegs can be placed so that tools can be hung from them. It is believed that the board was invented in 1897 by a medical doctor who sought to keep his instruments separated to prevent the spread of leprosy among his patients.

Why is it called pegboard?

Peg-Board is an expired trademark used as a brand name by the Masonite Corporation, first used in 1962, which is often used as a generic term for perforated storage boards made of hardboard, wood, metal, or other material.

What is pegboard without holes called?

The material is commonly known as masonite or hardboard.