Synthetic Paper Market Size Estimated at USD 1,151.45 Million in 2022, Projected to Surpass USD 2,405.33 Million by 2030 | Zion Market Research

According to the report published by Zion Market Research, the global Synthetic Paper Market size was valued at USD 1,151.45 Million in 2022 and is predicted to reach USD 2,405.33 Million by the end of 2030. The market is expected to grow with a CAGR of 9.65% during the forecast period. The report analyzes the global Synthetic Paper Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Synthetic Paper Market industry.

Report in this sample: https://www.zionmarketresearch.com/sample/synthetic-paper-market

The production of synthetic paper generally uses petroleum derivatives which include synthetic resins such as polypropylene and polyethylene. The synthetic paper looks same as regular paper but their characteristics resemble that of plastic films. As synthetic paper have superior physical and chemical characteristics they offer many and varied advantages over the ordinary paper. Synthetic papers are resistant to stains, oily substances, water, and most of the chemical products. They can withstand extreme cold and heat. Ultraviolet rays do not have any effect on the paper, thus making it ideal for the outdoor applications. The synthetic papers are eco-friendly, inorganic and less amount of byproducts are produced during its manufacturing.

✅Key Growth Factors - Synthetic Paper Market

1. Growing Demand in Packaging and Labeling

Synthetic paper offers tear resistance, durability, and excellent print quality, making it ideal for food packaging, tags, labels, and consumer goods.

Increasing demand for high-quality labeling in FMCG, pharmaceuticals, and beverages is boosting the market.

2. Rising Adoption in Industrial Applications

Used for maps, manuals, ID cards, and outdoor signage due to its water, chemical, and UV resistance.

Its long shelf life makes it more suitable than traditional paper in challenging environments.

3. Eco-Friendly and Sustainable Benefits

Synthetic paper is recyclable and reusable, reducing waste compared to single-use paper.

Growing emphasis on sustainable packaging solutions supports its adoption.

4. Advancements in Printing Technology

Compatibility with offset, flexographic, digital, and screen printing expands its usage.

Improved ink adhesion and faster printing processes make it more attractive to end-users.

5. Expansion in Emerging Economies

Rapid growth in retail, e-commerce, and packaged food industries in Asia-Pacific and Latin America is driving demand.

Rising consumer preference for premium, durable packaging supports market growth.

6. Regulatory Push for Safer Materials

Increasing regulations on traditional plastics are encouraging industries to adopt more recyclable and eco-friendly materials, including synthetic paper.

Access our report for a comprehensive look at key insights - https://www.zionmarketresearch.com/report/synthetic-paper-market

Synthetic Paper Market: Competitive Players

Nan Ya Plastics Corporation
Arjobex SAS
Hop Industries Corporation
Relyco Sales, Inc.
Seiko Epson Corporation
Agfa-Gevaert N.V.
Yupo Corporation
American Profol Inc.
PPG Industries, Inc.
Transilwrap Company, Inc.
MDV Papier-und Kunststoffveredelung GmbH.

The Global Synthetic Paper Market is segmented as follows:

By Type

HDPE
BOPP
others

By Application

non-label
label

🔻 Major Challenges - Synthetic Paper Market

1. High Production Costs

Synthetic paper is made from petroleum-based resins like polypropylene and polyethylene, which are more expensive than natural pulp.

This higher cost limits its adoption in price-sensitive markets.

2. Dependence on Crude Oil Prices

Raw materials for synthetic paper are derived from petrochemicals.

Fluctuations in crude oil prices directly affect production costs and market stability.

3. Environmental Concerns

Although durable and recyclable, synthetic paper is plastic-based and contributes to plastic waste if not managed properly.

Growing pressure for biodegradable and eco-friendly alternatives poses a challenge.

4. Limited Awareness in Developing Regions

Many businesses in emerging markets are still not familiar with the benefits of synthetic paper.

Lack of awareness and lower adoption slow down market expansion.

5. Competition from Digitalization

Increasing use of digital media and paperless solutions in offices, education, and packaging reduces demand for printed paper, including synthetic paper.

6. Recycling and Disposal Issues

While recyclable, synthetic paper requires specialized recycling processes.

Limited infrastructure in many regions makes recycling difficult, raising sustainability concerns.

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