Synthetic Paper Market Forecasts to 2030 - Global Analysis By Product (Uncoated Synthetic Paper and Coated Synthetic Paper), Material Type (Biaxially Oriented Polypropylene (BOPP), High-Density Polyethylene (HDPE), Polystyrene (PS), High-Impact Polystyren

Synthetic Paper Market Forecasts to 2030 - Global Analysis By Product (Uncoated Synthetic Paper and Coated Synthetic Paper), Material Type (Biaxially Oriented Polypropylene (BOPP), High-Density Polyethylene (HDPE), Polystyrene (PS), High-Impact Polystyrene (HIPS) and Other Material Types), Manufacturing Process, Functionality, Application, End User and By Geography


According to Stratistics MRC, the Global Synthetic Paper Market is accounted for $1.2 billion in 2024 and is expected to reach $1.9 billion by 2030 growing at a CAGR of 7.6% during the forecast period. Synthetic paper is a durable, eco-friendly material made from synthetic polymers. It mimics the appearance and texture of traditional paper but offers superior water resistance, tear resistance, and longevity. Widely used in printing, packaging, labels, and outdoor applications, synthetic paper combines the benefits of plastic and paper, making it suitable for environments where conventional paper would quickly deteriorate.

According to the United Nations Environment Programme (UNEP), the global demand for sustainable and recyclable materials is increasing due to heightened environmental awareness and regulatory pressures.

Market Dynamics:

Driver:

Growing awareness about environmental sustainability

The growing awareness about environmental sustainability acts as a significant driver for the synthetic paper market. As consumers and businesses become more conscious of the environmental impact of their choices, there is a shift towards products that offer sustainable alternatives to traditional materials. Synthetic paper, being recyclable and often made from non-toxic resins, aligns with these eco-friendly preferences, driving its demand across various sectors.

Restraint:

Lack of awareness

Despite the benefits, a lack of awareness about synthetic paper's advantages remains a restraint. Many potential users are either unfamiliar with synthetic paper or do not fully understand its environmental benefits and applications. This gap in knowledge can hinder market growth, as consumers and businesses may continue to opt for traditional paper products out of habit or due to misconceptions about cost and performance.

Opportunity:

Increasing consumer preference for environmentally friendly products

The increasing consumer preference for environmentally friendly products presents a significant opportunity for the synthetic paper market. As the global community becomes more environmentally conscious, the demand for sustainable, durable, and recyclable materials like synthetic paper is expected to rise. This trend is particularly evident in industries such as packaging, where eco-friendly alternatives are increasingly sought after.

Threat:

Competition from alternative materials

Competition from alternative materials poses a threat to the synthetic paper market. Innovations in biodegradable and compostable materials may offer similar environmental benefits while potentially being perceived as more ""natural"" or ""eco-friendly"" than synthetic options. This competition could limit the market share of synthetic paper, especially in applications where material aesthetics and environmental perception are critical.

Covid-19 Impact:

The Covid-19 pandemic initially disrupted the synthetic paper market due to supply chain interruptions and a temporary decline in demand across several industries. However, the pandemic also accelerated the shift towards digital and contactless solutions, where synthetic paper's durability and resistance to contaminants offered unique advantages. As a result, the market is recovering, with an increased focus on hygienic, durable, and sustainable materials.

The coated synthetic paper segment is expected to be the largest during the forecast period

The coated synthetic paper segment is expected to be the largest during the forecast period. Coated synthetic paper offers enhanced printability, durability, and resistance to water, chemicals, and tear, making it ideal for high-quality printing applications, labels, and packaging. Its superior performance in demanding environments drives its adoption across various industries, contributing significantly to the market's growth.

The industrial applications segment is expected to have the highest CAGR during the forecast period

The industrial applications segment is expected to have the highest CAGR during the forecast period. This growth is attributed to the increasing use of synthetic paper for industrial tags, labels, and packaging, where its durability, resistance to chemicals, and moisture are highly valued. The expansion of manufacturing sectors and the rising demand for durable labeling solutions in harsh environments fuel this segment's growth.

Region with largest share:

The Asia Pacific region is positioned to dominate the synthetic paper market, holding the largest share. This dominance is driven by rapid industrialization, the growth of the packaging and labeling industries, and increasing environmental awareness among consumers and businesses. In Addition, countries like China, Japan, and India are leading the demand for synthetic paper due to their large manufacturing bases and growing focus on sustainability fuel this region’s growth.

Region with highest CAGR:

The Asia Pacific region also anticipates rapid growth in the synthetic paper market, with the highest CAGR during the forecast period. The region's market growth is fueled by expanding end-use industries, rising consumer awareness about sustainable products, and supportive government policies promoting environmental sustainability. The increasing adoption of synthetic paper in emerging economies, coupled with ongoing technological advancements, further accelerates this growth.

Key players in the market

Some of the key players in Synthetic Paper Market include Yupo Corporation, Nan Ya Plastics Corporation, PPG Industries, Inc., American Profol Inc., Arjobex SAS, Agfa-Gevaert N.V., Seiko Epson Corporation, Toyobo Co., Ltd., Polyplex Corporation Ltd., Relyco Sales, Inc., Cosmo Films Ltd., Neenah, Inc., Transcendia, Inc., MDV Papier- und Kunststoffveredelung GmbH, Mitsubishi Chemical Corporation, Jindal Poly Films Ltd., Innovia Films Limited, HOP Industries Corporation, Shijiazhuang Dadao Packaging Materials Co., Ltd., and Valeron Strength Films.

Key Developments:

In April 2024, Agfa, a global leader in inkjet printing solutions, will showcase its latest addition to the Anapurna printer family, the Anapurna Ciervo H3200, at the upcoming ISA International Sign Expo (Orlando, Florida – April 10 to 12). Following its successful debut at the FESPA Global Print Expo in Europe last month, this cutting-edge wide-format hybrid printer is now ready to impress North American print service providers as one of Agfa’s new ‘power beasts’.

In March 2024, Seiko Epson Corporation has expanded its lineup of inertial measurement units1 (IMU) equipped with high-performance, six degrees of freedom sensors. The new M-G370PDT (""M-G370T"" below) is a low-noise premium model that is now in volume production and began shipping in February 2024.

Products Covered:
• Uncoated Synthetic Paper
• Coated Synthetic Paper

Material Types Covered:
• Biaxially Oriented Polypropylene (BOPP)
• High-Density Polyethylene (HDPE)
• Polystyrene (PS)
• High-Impact Polystyrene (HIPS)
• Polyethylene Terephthalate (PET)
• Polyvinyl Chloride (PVC)
• Other Material Types

Manufacturing Process Covered:
• Coextruded Film
• Extruded Flat Film
• Spun-Bonded Papers
• Synthetic Pulp
• Tubular Film

Functional Properties Covered:
• Waterproof & Water Resistant
• Tear Resistant & High Durability
• Printable & Inkjet Compatible
• Flame Retardant
• Grease & Chemical Resistant
• Other Functional Properties

Applications Covered:
• Packaging Labels
• Industrial Applications
• Other Applications

End Users Covered:
• Printing & Converting Industry
• Food & Beverage Industry
• Pharmaceutical & Medical Industry
• Manufacturing Industry
• Retail & Consumer Goods Industry
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Synthetic Paper Market, By Product
5.1 Introduction
5.2 Uncoated Synthetic Paper
5.3 Coated Synthetic Paper
6 Global Synthetic Paper Market, By Material Type
6.1 Introduction
6.2 Biaxially Oriented Polypropylene (BOPP)
6.3 High-Density Polyethylene (HDPE)
6.4 Polystyrene (PS)
6.5 High-Impact Polystyrene (HIPS)
6.6 Polyethylene Terephthalate (PET)
6.7 Polyvinyl Chloride (PVC)
6.8 Other Material Types
7 Global Synthetic Paper Market, By Manufacturing Process
7.1 Introduction
7.2 Coextruded Film
7.3 Extruded Flat Film
7.4 Spun-Bonded Papers
7.5 Synthetic Pulp
7.6 Tubular Film
8 Global Synthetic Paper Market, By Functionality
8.1 Introduction
8.2 Waterproof & Water Resistant
8.3 Tear Resistant & High Durability
8.4 Printable & Inkjet Compatible
8.5 Flame Retardant
8.6 Grease & Chemical Resistant
8.7 Other Functional Properties
9 Global Synthetic Paper Market, By Application
9.1 Introduction
9.2 Packaging Labels
9.2.1 In-Mold Labels
9.2.2 Shrink Labels
9.2.3 Pressure Sensitive Labels
9.2.4 Wrap-Around Labels
9.2.5 Stack Labels
9.2.6 Bar-coded Labels
9.2.7 Laboratory Identification Labels
9.3 Industrial Applications
9.3.1 Graphic Arts
9.3.2 Maps
9.3.3 Charts
9.3.4 Menus
9.3.5 Banners
9.3.6 ID Cards
9.3.7 Paper Bags
9.3.8 Printing
9.4 Other Applications
10 Global Synthetic Paper Market, By End User
10.1 Introduction
10.2 Printing & Converting Industry
10.3 Food & Beverage Industry
10.4 Pharmaceutical & Medical Industry
10.5 Manufacturing Industry
10.6 Retail & Consumer Goods Industry
10.7 Other End Users
11 Global Synthetic Paper Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Yupo Corporation
13.2 Nan Ya Plastics Corporation
13.3 PPG Industries, Inc.
13.4 American Profol Inc.
13.5 Arjobex SAS
13.6 Agfa-Gevaert N.V.
13.7 Seiko Epson Corporation
13.8 Toyobo Co., Ltd.
13.9 Polyplex Corporation Ltd.
13.10 Relyco Sales, Inc.
13.11 Cosmo Films Ltd.
13.12 Neenah, Inc.
13.13 Transcendia, Inc.
13.14 MDV Papier- und Kunststoffveredelung GmbH
13.15 Mitsubishi Chemical Corporation
13.16 Jindal Poly Films Ltd.
13.17 Innovia Films Limited
13.18 HOP Industries Corporation
13.19 Shijiazhuang Dadao Packaging Materials Co., Ltd.
13.20 Valeron Strength Films
List of Tables
Table 1 Global Synthetic Paper Market Outlook, By Region (2022-2030) ($MN)
Table 2 Global Synthetic Paper Market Outlook, By Product (2022-2030) ($MN)
Table 3 Global Synthetic Paper Market Outlook, By Uncoated Synthetic Paper (2022-2030) ($MN)
Table 4 Global Synthetic Paper Market Outlook, By Coated Synthetic Paper (2022-2030) ($MN)
Table 5 Global Synthetic Paper Market Outlook, By Material Type (2022-2030) ($MN)
Table 6 Global Synthetic Paper Market Outlook, By Introduction (2022-2030) ($MN)
Table 7 Global Synthetic Paper Market Outlook, By Biaxially Oriented Polypropylene (BOPP) (2022-2030) ($MN)
Table 8 Global Synthetic Paper Market Outlook, By High-Density Polyethylene (HDPE) (2022-2030) ($MN)
Table 9 Global Synthetic Paper Market Outlook, By Polystyrene (PS) (2022-2030) ($MN)
Table 10 Global Synthetic Paper Market Outlook, By High-Impact Polystyrene (HIPS) (2022-2030) ($MN)
Table 11 Global Synthetic Paper Market Outlook, By Polyethylene Terephthalate (PET) (2022-2030) ($MN)
Table 12 Global Synthetic Paper Market Outlook, By Polyvinyl Chloride (PVC) (2022-2030) ($MN)
Table 13 Global Synthetic Paper Market Outlook, By Other Material Types (2022-2030) ($MN)
Table 14 Global Synthetic Paper Market Outlook, By Manufacturing Process (2022-2030) ($MN)
Table 15 Global Synthetic Paper Market Outlook, By Coextruded Film (2022-2030) ($MN)
Table 16 Global Synthetic Paper Market Outlook, By Extruded Flat Film (2022-2030) ($MN)
Table 17 Global Synthetic Paper Market Outlook, By Spun-Bonded Papers (2022-2030) ($MN)
Table 18 Global Synthetic Paper Market Outlook, By Synthetic Pulp (2022-2030) ($MN)
Table 19 Global Synthetic Paper Market Outlook, By Tubular Film (2022-2030) ($MN)
Table 20 Global Synthetic Paper Market Outlook, By Functionality (2022-2030) ($MN)
Table 21 Global Synthetic Paper Market Outlook, By Waterproof & Water Resistant (2022-2030) ($MN)
Table 22 Global Synthetic Paper Market Outlook, By Tear Resistant & High Durability (2022-2030) ($MN)
Table 23 Global Synthetic Paper Market Outlook, By Printable & Inkjet Compatible (2022-2030) ($MN)
Table 24 Global Synthetic Paper Market Outlook, By Flame Retardant (2022-2030) ($MN)
Table 25 Global Synthetic Paper Market Outlook, By Grease & Chemical Resistant (2022-2030) ($MN)
Table 26 Global Synthetic Paper Market Outlook, By Other Functional Properties (2022-2030) ($MN)
Table 27 Global Synthetic Paper Market Outlook, By Application (2022-2030) ($MN)
Table 28 Global Synthetic Paper Market Outlook, By Packaging Labels (2022-2030) ($MN)
Table 29 Global Synthetic Paper Market Outlook, By In-Mold Labels (2022-2030) ($MN)
Table 30 Global Synthetic Paper Market Outlook, By Shrink Labels (2022-2030) ($MN)
Table 31 Global Synthetic Paper Market Outlook, By Pressure Sensitive Labels (2022-2030) ($MN)
Table 32 Global Synthetic Paper Market Outlook, By Wrap-Around Labels (2022-2030) ($MN)
Table 33 Global Synthetic Paper Market Outlook, By Stack Labels (2022-2030) ($MN)
Table 34 Global Synthetic Paper Market Outlook, By Bar-coded Labels (2022-2030) ($MN)
Table 35 Global Synthetic Paper Market Outlook, By Laboratory Identification Labels (2022-2030) ($MN)
Table 36 Global Synthetic Paper Market Outlook, By Industrial Applications (2022-2030) ($MN)
Table 37 Global Synthetic Paper Market Outlook, By Graphic Arts (2022-2030) ($MN)
Table 38 Global Synthetic Paper Market Outlook, By Maps (2022-2030) ($MN)
Table 39 Global Synthetic Paper Market Outlook, By Charts (2022-2030) ($MN)
Table 40 Global Synthetic Paper Market Outlook, By Menus (2022-2030) ($MN)
Table 41 Global Synthetic Paper Market Outlook, By Banners (2022-2030) ($MN)
Table 42 Global Synthetic Paper Market Outlook, By ID Cards (2022-2030) ($MN)
Table 43 Global Synthetic Paper Market Outlook, By Paper Bags (2022-2030) ($MN)
Table 44 Global Synthetic Paper Market Outlook, By Printing (2022-2030) ($MN)
Table 45 Global Synthetic Paper Market Outlook, By Other Applications (2022-2030) ($MN)
Table 46 Global Synthetic Paper Market Outlook, By End User (2022-2030) ($MN)
Table 47 Global Synthetic Paper Market Outlook, By Printing & Converting Industry (2022-2030) ($MN)
Table 48 Global Synthetic Paper Market Outlook, By Food & Beverage Industry (2022-2030) ($MN)
Table 49 Global Synthetic Paper Market Outlook, By Pharmaceutical & Medical Industry (2022-2030) ($MN)
Table 50 Global Synthetic Paper Market Outlook, By Manufacturing Industry (2022-2030) ($MN)
Table 51 Global Synthetic Paper Market Outlook, By Retail & Consumer Goods Industry (2022-2030) ($MN)
Table 52 Global Synthetic Paper Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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