NEW YORK, United States, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled “Synthetic Paper Market Size, Share, Growth Analysis Report By Raw Material Application (BOPP, HDPE, PET, PVC), By Application (Printing, Labels & Tags, Packaging, Others), By End-User (Industrial, Institutional, Commercial/Retail), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.
The report analyses the Synthetic Paper market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Synthetic Paper market.
Synthetic Paper Market Overview:
Synthetic paper resembles regular paper, but it possesses characteristics more akin to plastic films. Synthetic paper has numerous advantages since it has superior physical and chemical properties to ordinary paper. Synthetic paper is typically made using petroleum derivatives with synthetic resins like polypropylene and polyethylene. The synthetic papers are waste-free during production, organic, and environmentally favorable. Owing to their glossy surface coating, synthetic papers are often used for photo printing because they make colors look enticing. Printing leaflets, posters, and other things like banners on these pages is common practice. These papers have grown in significance as eco-friendly materials.
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Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023.
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, Revenue Analysis, SWOT Analysis, Historical and Forecast Growth, Porter's 5 Forces Analysis
- Facts and Factors research methodology
Key Insights from Primary Research
- As per the analysis, the Synthetic Paper market is likely to grow above a CAGR of around 8.90% between 2022 and 2028.
- The Synthetic Paper market size was worth around US$ 729.30 Million in 2021 and is estimated to hit approximately US$ 1216.39 Million by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- One of the major factors driving the growth of the synthetic paper market is the increasing preference of consumers for eco-friendly and recycled packaging.
- By raw materials, the BOPP category dominated the market in 2021.
- By application, the printing category dominated the market in 2021.
- On the basis of region, The Asia Pacific dominated the synthetic paper market in 2021.
Industry Dynamics
The process of printing pictures for indoor banners, posters, and other photo printing purposes on synthetic paper is likely to drive the growth of the global synthetic paper market. These papers are known to improve the color and aesthetics of photographs. The surge in investments, expansion of manufacturing sectors, use in consumer product packaging, and speedy industrialization have a beneficial effect on the synthetic paper market.
Synthetic paper is increasingly used in various industries, including those that produce food & beverages, transportation, medical products, packaging, and consumer goods. The market benefits from the growing awareness of the use of environmentally friendly products.
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Competitive Players
The report contains qualitative and quantitative research on the global synthetic paper market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness.
The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.
Some of the main players in the global Synthetic Paper market include;
- PPG Industries Inc.
- Seiko Epson Corporation
- AGFA-Gevaert Group
- YUPO Corporation
- Arjobex SAS
- American Profol Inc.
- HOP Industries Corporation
- Relyco Sales Inc.
- Transilwrap Company Inc.
- MDV Papier-Und Kunststoffveredelung GmbH
- Cosmo Films Ltd.
- Neenah Inc.
- Toyobo Co. Ltd.
- Hwaseung Industries Co. Ltd.
- Innovia Flims
- NAN YA Plastics Corporation
- Valeron Strength Films
- Aluminium Féron GmbH & Co. Kg
- Huanyuan Plastic Film Co. Ltd.
- Tamerica Products Inc.
- Ruian Rifo Packaging Material Co. Ltd.
- Kaveri Metallising & Coating Industries Pvt. Ltd.
- Shijiazhuang Dadao Packaging Materials Co.Ltd.
- Elastin International Corp.
- Masterpiece Graphix
Browse the full “Synthetic Paper Market Size, Share, Growth Analysis Report By Raw Material Application (BOPP, HDPE, PET, PVC), By Application (Printing, Labels & Tags, Packaging, Others), By End-User (Industrial, Institutional, Commercial/Retail), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” Report at https://www.fnfresearch.com/synthetic-paper-market
Synthetic Paper Market: Segmentation Analysis
The global synthetic paper market is segregated based on raw materials, application, end-use industry, and region.
Based on raw materials, the market is divided into BOPP, HDPE, PET, and PVC. Among these, the BOPP segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period. Based on application, the market is classified into printing, labels & tags, packaging, and others. In 2021, the printing category dominated the application segment in the global market.
Based on end-use, the market is classified into industrial, institutional, and commercial/retail. The industrial end-use segment dominated the market in 2021.
Regional Dominance:
The global synthetic paper market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The Asia Pacific is anticipated to dominate the global market for synthetic papers during the forecast period. There are several reasons behind Asia-Pacific's growth, including its high economic growth rate and different eating habits, packaging, and printing preferences.
Moreover, the growing population in the region offers a large market for fast-moving consumer goods (FMCG) products and packaged food & beverages, which is expected to drive growth in the synthetic paper market. The Asia Pacific market growth is also driven by increasing population, rising disposable incomes, industrialization, and urbanization.
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Recent Industry Developments:
- September 2020: Yupo Corporation has developed "SUPERYUPO Double" (grade: FRBW) for double-sided printing using oil-based inks on paper. As a result of its innovation, "SUPERYUPO Double" retains YUPO's core characteristics, such as durability, water resistance, and printing suitability, while allowing the use of oil-based ink for paper without needing special synthetic paper ink. In the YUPO GREEN Series, the product is blended with plant-derived biomass resin, which helps reduce greenhouse gas emissions.
Key questions answered in this report:
- What is the market size and growth rate forecast for Synthetic Paper industry?
- What are the main driving factors propelling the Synthetic Paper Market forward?
- What are the leading companies in the Synthetic Paper Industry?
- What segments does the Synthetic Paper Market cover?
- How can I receive a free copy of the Synthetic Paper Market sample report and company profiles?
Report Scope:
| Report Attribute | Details |
| Market Size in 2021 | USD 729.30 Million |
| Projected Market Size in 2028 | USD 1,216.39 Million |
| CAGR Growth Rate | 8.90% CAGR |
| Base Year | 2021 |
| Forecast Years | 2022-2028 |
| Key Market Players | PPG Industries Inc., Seiko Epson Corporation, AGFA-Gevaert Group, YUPO Corporation, Arjobex SAS, American Profol Inc., HOP Industries Corporation, Relyco Sales Inc., Transilwrap Company Inc., MDV Papier-Und Kunststoffveredelung GmbH, Cosmo Films Ltd., Neenah Inc., Toyobo Co. Ltd., Hwaseung Industries Co. Ltd., Innovia Flims, NAN YA Plastics Corporation, Valeron Strength Films, Aluminium Féron GmbH & Co. Kg, Huanyuan Plastic Film Co. Ltd., Tamerica Products Inc., Ruian Rifo Packaging Material Co. Ltd., Kaveri Metallising & Coating Industries Pvt. Ltd., Shijiazhuang Dadao Packaging Materials Co.Ltd., Elastin International Corp., Masterpiece Graphix., and others. |
| Key Segment | By Raw Material Application, Application, End-User, and Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
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The global synthetic paper market is segmented as follows:
By Raw Material Application
- BOPP
- HDPE
- PET
- PVC
By Application
- Printing
- Labels & Tags
- Packaging
By End-user
- Industrial
- Institutional
- Commercial/Retail
- Others
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Key Offerings:
- Market Size, Trends, & Forecast by Revenue | 2022−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis by Raw Material Application, Application, End-User, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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