Press release
Synthetic Paper Market Opportunities and Trends With Leading Key Profiles Till 2031 - Arjobex SAS, Yupo Corporation, PPG Industries.
Global synthetic paper market reached US$ 766.0 million in 2022 and is expected to reach US$ 1,389.44 million by 2031, growing with a CAGR of 9.1% during the forecast period 2024-2031.Synthetic Paper Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Synthetic paper is a durable, tear-resistant, and waterproof alternative to traditional paper, made from synthetic polymers such as polypropylene and polyethylene. It offers high printability, chemical resistance, and longevity, making it ideal for labels, maps, packaging, and security documents. Unlike conventional paper, synthetic paper does not degrade easily, ensuring sustainability in various industrial and commercial applications. The market is driven by the demand for eco-friendly printing materials, advancements in recyclable polymer technologies, and increasing applications in durable goods packaging. The rise of sustainable alternatives is influencing future market trends.
List of the Key Players in the Synthetic Paper Market:
Arjobex SAS, Yupo Corporation, PPG Industries, Taghleef Industries Group, Transcendia, American Profol Inc, Afga-Gevaert Group, Seiko Epson Corporation, Nan Ya Plastics Corporation and Relyco Sales, Inc.
Industry Development:
On November 16, 2021, Agfa launched a new synthetic paper called SYNAPS Xerographic Matt (XM), designed with antimicrobial properties to prevent the growth of bacteria and viruses on the paper surface. This innovation enhances hygiene and durability, making it ideal for applications in healthcare, hospitality, and public spaces where cleanliness is a priority.
Market Dynamics:
The versatility of synthetic paper has led to its widespread adoption across industries such as packaging, labels, printing, and advertising. In the packaging industry, its resistance to moisture, chemicals, and tearing makes it a preferred choice for food & beverages, pharmaceuticals, and consumer goods. The labeling and printing sectors are also shifting towards synthetic paper due to its durability and vibrant print quality, even in extreme conditions. Additionally, the rise of e-commerce has increased the demand for durable and visually appealing packaging materials, further driving synthetic paper adoption. According to the World Trade Organization (WTO), global trade of synthetic paper in end-use industries has grown by 12% year-on-year since 2020.
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Growth Forecast Projected:
The Global Synthetic Paper Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Synthetic Paper Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Synthetic Paper Market:
By Product: High-density polyethene, Biaxially Oriented Polypropylene, Others.
By Manufacturing Process: Fiber Synthetic Paper, Film Synthetic Paper, Film-Laminate Synthetic Paper.
By Application: Labels, Non-Labels.
Regional Analysis for Synthetic Paper Market:
The regional analysis of the Synthetic Paper Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Synthetic Paper market?
➠ Who are the leading manufacturers in the global Synthetic Paper industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Synthetic Paper industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Synthetic Paper market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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