Synthetic Paper Market
Global Synthetic Paper Market Size, Share & Trends Analysis Report By Type (HDPE, BOPP And Others (PET And PVC)), By Application (Labelling And Tags, Printing, Paper Bags, And Others) By End-User Industry (Industrial, Institutional, and Others (Commercial, and Retail)) Forecast 2022-2028 Update Available - Forecast 2024-2030
The global synthetic paper market is anticipated to grow at a considerable CAGR of 8.8% during the forecast period. Synthetic papers are widely adopted due to their significant printing ability, durability, and resistance to oil, water, grease, and other chemicals. They have a quick drying time and significant resistance to moisture and weather with high opacity and efficiency. Synthetic papers are widely adopted due to environmental concerns and eco-friendly attributes. They are made without any wood fibers and avoid cutting trees and perform better than the conventional papers. It differs from the plastic film in printing characteristics, and it differs from the traditional paper due to the lack of wood fibers. They are widely adopted by manufacturers and distributors for any type of plastic film that will accept offset printing other than generic polystyrenes or PVC films. The prominent factor that enhances the growth of the market is due to the adoption of Synthetic papers over conventional papers. Favorable Government policies and regulations are boosting the market growth of Synthetic papers.for instance, In May 2021, Cosmo Films, the indian packaging and speciality films manufacturer has introduced a 100% Opaque Synthetic Paper(OSP), which especially designed for dangler application.
Impact of COVID-19 Pandemic on Global Cardiology Surgery, Devices, and Drugs Market
During the COVID-19 pandemic, the supply of FMCG products, among others stopped during the period of nationwide lockdown which has adversely affected the synthetic paper industry as the synthetic paper mainly used in printing for packaging of FMCG products, cosmetics, medicines, among others. However, the market is projected to recover after the COVID-19 pandemic, and the key market players operating in the global synthetic paper market are resuming their operations, due to upsurge in online grocery demand which is boosting the market in the near period.
Segmental Outlook
The global synthetic paper market is segmented based on devices type, application, and end-user industry. Based on type, the market is segmented into high-density polyethylene (HDPE), biaxially oriented polypropylene (BOPP), and others (PET, and PVC). Based on application, the market is sub-divided into labeling and tags, printing, paper bags, and others. Based on the end-user industry, the market is bifurcated into industrial, institutional, and others (commercial and retail). Based on type, the BOPP is projected to witness higher growth over the forecast period. The growth is mainly driven as it offers high strength and clarity and makes them appropriate for usage as packaging material such as for fruits, fast food, confectionery, snacks, and vegetable application. BOPP offers ease of laminating, coating & printing to obtain desirable appearance and characteristics. Furthermore, it is cost-efficient along with exceptional moisture barrier and higher strength properties when associated with other existing alternatives, resulting in higher demand of the BOPP segment in the global synthetic paper market.
Global Synthetic Paper Market Share by Type, 2021 (%)
The Printing Segment is anticipated to Hold a Prominent Share in the Global Synthetic Paper Market
The printing segment is anticipated to achieve higher market growth in the coming years. Synthetic paper provides different functionalities for a range of applications in industries including pharmaceuticals, cosmetics as well as food & beverages for printing, it has properties such as durability, tear-resistance compared to conventional papers. These printing applications include tickets/passes, menus, cards/envelopes, personalized marketing materials, wrist bands, point of purchase displays, and labels for numerous end-user industries.
Regional Outlooks
The global synthetic paper market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). Asia-Pacific is anticipated to grow at the fastest rate. The foremost reason for the growth of the global synthetic paper market is promoting mainly by the numerous end-user industries such as food and beverages, cosmetics, pharmaceuticals, chemicals, and manufacturing.
Global Synthetic Paper Market, by Region 2021-2028
The Asia-Pacific Region is projected to Witness the Higher Growth in Global Synthetic Paper Market
The Asia-Pacific region is holding the highest market share in the global synthetic paper market. The primary factor contributing to the growth of the market, is increasing demand from industries such as food & beverage, cosmetics, and chemicals for paper, paper bags, and other paper products, higher awareness about ecology, subject to variation in lifestyle trends will additionally supplement the synthetic paper market growth.The North American region is holding the second highest market share following Asia-Pacific of the global synthetic paper market. The primary factor contributing to the growth of the market, are the increasing awareness and adoption of non-toxic, eco-friendly packaging and the escalating demand for packaged and frozen food are likely to fuel the synthetic paper market growth.
Market Players Outlook
The major companies serving the global synthetic paper market are PPG Industries, Seiko Epson Corporation, Agfa-Gevaert Group, Nan Ya Plastics Corporation, Yupo Corporation, American Profol Inc., Cosmos Films, Dupont, Hop Industries Corporation, Arjobex Sas, S.b Enterprises, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, In June 2019, Yupo Corporation has developed its new synthetic paper, manufactured from biodegradable plastic resin, used for label applications. Sugarcane bagasse is used to manufacture green synthetic Yupo papers in place of conventional crude oil-based paper. The organization took this step to promote sustainable development and to provide technology that produced environment friendly products.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global cardiology surgery, devices, and drug market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1.Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Impact of COVID-19 on the Global Synthetic Paper Market
- Recovery Scenario of Global Synthetic Paper Market
1.1.Research Methods and Tools
1.2.Market Breakdown
1.2.1.By Segments
1.2.2.By Region
2.Market Overview and Insights
2.1.Scope of the Report
2.2.Analyst Insight & Current Market Trends
2.2.1.Key Findings
2.2.2.Recommendations
2.2.3.Conclusion
3.Competitive Landscape
3.1.Key Company Analysis
3.1.1.Agfa-Gevaert Group
3.1.1.1.Overview
3.1.1.2.Financial Analysis
3.1.1.3.SWOT Analysis
3.1.1.4.Recent Developments
3.1.2.NAN YA PLASTICS CORPORATION
3.1.2.1.Overview
3.1.2.2.Financial Analysis
3.1.2.3.SWOT Analysis
3.1.2.4.Recent Developments
3.1.3.PPG Industries
3.1.3.1.Overview
3.1.3.2.Financial Analysis
3.1.3.3.SWOT Analysis
3.1.3.4.Recent Developments
3.1.4.Seiko Epson Corporation
3.1.4.1.Overview
3.1.4.2.Financial Analysis
3.1.4.3.SWOT Analysis
3.1.4.4.Recent Developments
3.1.5.Yupo Corp.
3.1.5.1.Overview
3.1.5.2.Financial Analysis
3.1.5.3.SWOT Analysis
3.1.5.4.Recent Developments
3.2.Key Strategy Analysis
3.3.Impact of COVID-19 on Key Players
4.Market Segmentation
4.1.Global Synthetic Paper Market by Type
4.1.1.High-Density Polyethylene (HDPE)
4.1.2.Biaxially Oriented Polypropylene (BOPP)
4.1.3.Others (PET and PVC)
4.2.Global Synthetic Paper Market by Application
4.2.1.Labeling and Tags
4.2.2.Printing
4.2.3.Paper Bag
4.2.4.Others
4.3.Global Synthetic Paper Market by End-User
4.3.1.Industrial
4.3.2.Institutional
4.3.3.Others (Commercial and Retail)
5.Regional Analysis
5.1.North America
5.1.1.United States
5.1.2.Canada
5.2.Europe
5.2.1.UK
5.2.2.Germany
5.2.3.Italy
5.2.4.Spain
5.2.5.France
5.2.6.Rest of Europe
5.3.Asia-Pacific
5.3.1.China
5.3.2.India
5.3.3.Japan
5.3.4.South Korea
5.3.5.Rest of Asia-Pacific
5.3.6.Rest of the World
6.Company Profiles
American profol inc.
6.2.Arjobex SAS
6.3.Azbil Corp.
6.4.China Leowong Industry Co. Ltd.
6.5.Cosmo films
6.6.Dupont Inc.
6.7.Etec Creation Co. Ltd.
6.8.Fspg hi-tech co. Ltd
6.9.Haiyan Huada Ink Chemical Co. Ltd.
6.10.Hop Industries Corp.
6.11. MDV Papier UND Kunststoffveredelung GmbH
6.12. Nan Ya Plastics Corp.
6.13.Ningbo Huikai Stationary Co. Ltd.
6.14.Relyco Sales, Inc.
6.15.S.B. Enterprises
6.16.Seiko Epson Corp.
6.17.Shenzhen FAXIN ZHONGXIN STICKINESS CO. LTD.
6.18.Transilwrap Co., Inc.
6.19.Yupo Corp.
1.GLOBAL SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028($ MILLION)
2.GLOBAL HIGH-DENSITY POLYETHYLENE (HDPE) SYNTHETIC PAPER MARKET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3.GLOBAL BIAXIALLY ORIENTED POLYPROPYLENE (BOPP) SYNTHETIC PAPER MARKET MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4.GLOBAL OTHERS (PET AND PVC) SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5.GLOBAL SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
6.GLOBAL SYNTHETIC PAPER FOR LABELLING AND TAGS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7.GLOBAL SYNTHETIC PAPER PRINTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8.GLOBAL SYNTHETIC PAPER BAGS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9.GLOBAL SYNTHETIC PAPER FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10.GLOBAL SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
11.GLOBAL SYNTHETIC PAPER FOR INDUSTRIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12.GLOBAL SYNTHETIC PAPER FOR INSTITUTIONAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13.GLOBAL SYNTHETIC PAPER FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14.GLOBAL SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
15.NORTH AMERICAN SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16.NORTH AMERICAN SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
17.NORTH AMERICAN SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
18.NORTH AMERICAN SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
19.EUROPEAN SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20.EUROPEAN SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY TYPES, 2021-2028 ($ MILLION)
21.EUROPEAN SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22.EUROPEAN SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2021-2028 ($ MILLION)
23.ASIA-PACIFIC SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24.ASIA-PACIFIC SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
25.ASIA-PACIFIC SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26.ASIA-PACIFIC SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
27.REST OF THE WORLD SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28.REST OF THE WORLD SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
29.REST OF THE WORLD SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
30.REST OF THE WORLD SYNTHETIC PAPER MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1.IMPACT OF COVID-19 ON GLOBAL SYNTHETIC PAPER MARKET, 2021-2028 ($ MILLION)
2.IMPACT OF COVID-19 ON GLOBAL SYNTHETIC PAPER MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3.RECOVERY OF GLOBAL SYNTHETIC PAPER MARKET, 2022-2028 (%)
4.GLOBAL SYNTHETIC PAPER MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5.GLOBAL HIGH-DENSITY POLYETHYLENE (HDPE) SYNTHETIC PAPER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6.GLOBAL BIAXIALLY ORIENTED POLYPROPYLENE (BOPP) SYNTHETIC PAPER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7.GLOBAL OTHER SYNTHETIC PAPER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8.GLOBAL SYNTHETIC PAPER MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
9.GLOBAL SYNTHETIC PAPER FOR LABELLING AND TAGS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10.GLOBAL SYNTHETIC PAPER PRINTING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11.GLOBAL SYNTHETIC PAPER BAGS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12.GLOBAL SYNTHETIC PAPER FOR OTHER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13.GLOBAL SYNTHETIC PAPER MARKET SHARE BY END-USER, 2021 VS 2028 (%)
14.GLOBAL SYNTHETIC PAPER FOR INDUSTRIAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15.GLOBAL SYNTHETIC PAPER FOR INSTITUTIONAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16.GLOBAL SYNTHETIC PAPER FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17.GLOBAL SYNTHETIC PAPER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18.US SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
19.CANADA SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
20.UK SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
21.FRANCE SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
22.GERMANY SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
23.ITALY SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
24.SPAIN SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
25.REST OF EUROPE SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
26.INDIA SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
27.CHINA SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
28.JAPAN SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
29.SOUTH KOREA SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
30.REST OF ASIA-PACIFIC SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
31.REST OF THE WORLD SYNTHETIC PAPER MARKET SIZE, 2021-2028 ($ MILLION)
