Synthetic Paper Market Size, Share, By Type (Polypropylene (PP) Paper, Polyethylene (PE) Paper, Other Types), By Application (Packaging, Labeling, Printing, Industrial), By End-User Industry (Consumer Goods, Healthcare, Retail, Others), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI54319 | Publish Date: May 2023 | No. of Pages: 172

Global Synthetic Paper Market By Overview

Synthetic Paper market size was valued at USD 1.2 Billion in 2024 and is expected to reach USD 2.0 Billion by 2034, growing at a CAGR of 5.8%

Synthetic paper has represented a huge growth in the paper industry, hence providing very stern competition to traditional paper products. Whereas traditional paper is made of cellulose fibers, the synthetic paper is made from synthetic resins derived from petroleum. This makes it distinctly different from conventional paper and endows it with several properties making it very suitable for various applications. Long-lasting, impermeable, tear-resistant, and chemically resistant, synthetic paper comes endowed with very high-quality printing properties for graphics and text reproduction. In most cases, it is also heat sealable, and hence it offers a great deal of versatility in the different applications of packaging and labeling. These superior characteristics are driving its increasing adoption across diverse sectors.  A huge growth is seen in the synthetic paper market; several factors have attributed to this. Growing environmental consciousness boosts demand for sustainable packaging solutions. Synthetic paper itself is not of renewable raw material origin, but it brings advantages compared to conventional paper in durability and recyclability, reducing waste and resource consumption over its life cycle. Moreover, the boom in e-commerce has added to the surge in demand for robust and solid packaging material options, making synthetic paper quite attractive.   As far as applications are concerned, synthetic paper finds extended use in the packaging industry for various products needing protection from moisture, grease, or chemicals.

It finds its application in the production of labels, tags, and stickers because it undergoes fine printing and does not smudge. It applies to food and beverages in a meaningful way because of its property of handling harsh conditions without affecting the stored or harnessed product. In addition, it is widening its application in the medical records, patient information cards, and pharmaceutical packaging industries within the healthcare sector. The spectrum of raw materials used in the manufacture of synthetic paper runs from BOPP to HDPE, PET, and PVC. Of course, all of these raw materials have properties that vary from one another, which eventually affect the final characteristics of the synthetic paper product. One such material is BOPP, which finds wide applications since it has very good heat stability, is water-resistant, and has high tensile strength.

Though synthetic paper has many advantages, higher production costs compared with traditional paper and ecological risks arising from its petroleum-based origin are serious challenges. However, efforts in research and development continue towards more environmentally friendly production methods and other alternative raw materials to minimize the problems. The synthetic paper market, in general, continues to grow as industries look for innovative and solid materials to meet new demands from consumers and businesses. Coupled with excellent performance characteristics and heightened environmental awareness, not to mention the growth of e-commerce, it becomes a valuable and versatile product with bright prospects.

Synthetic Paper Market Size

                    For More Report Details, Download Free Sample PDF

Global Synthetic Paper Market By Drivers & Restraints

Key Drivers of Target Market:

Growing Demand for Durable and Sustainable Packaging

  • The increasing need for durable, water-resistant, and tear-proof packaging materials is a significant driver for the synthetic paper market. Synthetic paper's superior durability and sustainability make it an ideal choice for packaging in various industries, including food and beverages, pharmaceuticals, and consumer goods.

Advances in Printing Technology

  • Advancement in printing technology has made synthetic paper more compatible with offset, digital, and screen printing methods. In this way, it improves not only the quality but also the versatility of the printed material, thus driving demand from sectors like advertising, marketing, and commercial printing.

Restrains:

Recycling Challenges

  • While synthetic paper is recyclable, the recycling infrastructure for synthetic materials is not as widespread or developed as that for traditional paper. This can pose challenges in waste management and recycling, affecting its environmental appeal.

Opportunities:

Innovation in Material Science

  • Ongoing research and development in material science present opportunities to improve the properties of synthetic paper, making it more cost-effective, environmentally friendly, and suitable for a wider range of applications. Innovations in biodegradable and compostable synthetic papers can further enhance market potential.

Global Synthetic Paper Market By Segmentations & Regional Insights

The market is segmented based on Product Type, Application, End-User Industry and Region.

Product Type Insights:

  • Polypropylene paper/PP paper: Another form of synthetic paper is polypropylene paper, which is typically fabricated from a mixture of polypropylene resin. The characteristics of this material include strength, water resistance, and durability. Particular areas of application for PP papers are those in which it has to support a number of environmental factors, such as moisture, chemicals, and UV light. It basically retains its outstanding feature of tear and bending resistance, making it very appropriate for outdoor signage, maps, and high-quality packaging materials. Apart from that, PP paper finds applications in most cases where recyclability issues crop up as it is recyclable in facilities equipped to process polypropylene.
  • Polyethylene, PE Paper: Polyethylene, or PE, paper is made from polyethylene resin and it's a flexible, moisture-resistant material. Because of the fact that it does not break under wet conditions, PE paper finds extensive use in packaging. It finds a wide application in food packaging, grocery bags, and other uses that frequently come into contact with liquids. PE paper also exhibits excellent printability, hence will work well in labeling and most marketing material applications. It is cost-effective in large quantities due to the manufacturing process and properties.
  • Other Types: This segment includes synthetic papers made from materials such as polyester and polycarbonate. Polyester paper, commonly referred to as PET paper, happens to have extremely good strength and durability with high chemical resistance. It mostly finds services industries in their durable label and tag applications that are exposed to harsh conditions. The paper made from polycarbonate has very high transparency and, at the same time, high heat resistance; therefore, it finds its specific application in special purposes, such as high-temperature labels and protective covers.

Application insights:

  • Packaging: In the packaging segment, synthetic paper finds its applications in its durability and resistance to various environmental conditions; it is used in the packaging of food and beverages, pharmaceuticals, and other consumer goods where product integrity is of interest. It has very good water, oils, and other contaminant resistance, so it does not degrade or become further compromised, which makes it an ideal material for applications requiring these properties, unlike traditional paper. It also provides an excellent quality surface that allows for vivid graphics and informative printing.
  • Labeling: Synthetic paper, due to its properties, is highly suitable for labeling applications where durability and longevity are of prime concern. Synthetic paper-based labels are tear-resistant, smudge-proof, and water-resistant—the three key elements that any label in the logistics, healthcare, or retail industries must possess. These labels can bear up under all types of environments, from very high temperatures to chemicals, remaining legible and intact throughout their lifecycle.
  • Printing, one of the biggest advantages of synthetic paper is the smooth and durable surface that can support high-quality print output, making synthetic paper find its application in commercial printing such as brochures, maps, and high-end promotional material printing. Other than this, it is also water-resistant and wear-resistant; thus, it will be suitable for prints that are going to have a longer life and need to look good. Additionally, synthetic paper is processed by various printing techniques like offset, digital, and screen printing.
  • Industrial: Synthetic paper is valued for its physical strength, resistance to chemicals, and resistance to harsh conditions in industrial applications. It finds applications in creating durable tags, labels, and protective covers used in the automotive, electronic, and manufacturing industries. Its high-temperature resistance and mechanical stress tolerance mean it is highly utilized in applications that require robustness and reliability under difficult conditions.

End-User Industry insights:

  • Consumer Goods: In the consumer goods sector, synthetic paper is used extensively in product packaging and labeling of food, beverages, and personal care items. The durability aspect ensures that the packaging stays intact, with labels that remain readable throughout the shelf life of the product. High-quality graphics and information printed on synthetic paper also contribute to enhancing the aesthetic appeal and branding of consumer products.
  • Healthcare: The synthetic paper is used in the healthcare industry in applications like medical labels, patient records, and packaging of pharmaceutical products. In this respect, properties that make synthetic paper resistant to moisture and chemicals ensure that medical labels and packages do not fall apart or become unreadable. Furthermore, durability conferred on the synthetic paper helps retain the reliability of key medical documents and labels.
  • Retail, synthetic paper is used for price tags, promotional materials, and other labeling applications. Given that synthetic paper has a special resistance to wear and tear or the general weather elements, this assures that the retail labels and tags are not spoiled. The high quality printability of synthetic paper contributes to enhancing the aesthetic value of retail material to assist in marketing and branding.
  • Others: This section includes other industries that use synthetic paper in a host of specialized applications within the automotive, aerospace, and electronics industries—industries in which durability and resistance to loads and hostile conditions play a vital role. Specialized uses can range from protective covers to high-temperature labels and other custom uses that benefit from the properties of synthetic paper.

Regional insights:

  • The North American region includes the United States, Canada, and Mexico. In this region, there is strong demand for synthetic paper in various industries on account of advanced manufacturing capabilities, strong consumer goods sectors, and significant packaging and labeling needs. Innovation and key player presence drive the growth of the synthetic paper market in this region.
  • Europe: It encompasses all countries in Western and Eastern Europe. The European market is driven by strict regulations regarding environmental sustainability and standards of packaging. Thus, high-quality synthetic paper and eco-friendly solutions are in demand. A wide industrial base and a focus on sustainability encourage the application of synthetic paper in Europe.
  • Asia-Pacific: This region contains leading markets in China, Japan, India, and Southeast Asian countries. In this area, fast industrialization and urbanization are boosting their demand in the sectors of synthetic paper for packaging, labelling, and industrial applications. A large consumer base and growing manufacturing sectors boost the tremendous growth potential of the synthetic paper market of Asia-Pacific.
  • Latin America, countries include Brazil and Argentina. In this region, the market is boosted by the growing consumer goods sector and rising demand for durable packaging solutions. Economic development and increasing disposable incomes are boosting the growth of the synthetic paper market in the Latin American region.
  • Middle East and Africa region includes a diverse range of countries that are different in terms of their market dynamics. Here, the synthetic paper finds application in those industries that need durability and resistance to severe environmental conditions. The drivers would be industrial developments, infrastructure projects, and rising demand for high-quality packaging and labelling solutions.

Synthetic Paper Market Report Scope:

Attribute

Details

Market Size 2024

USD 1.2 Billion 

Projected Market Size 2034

USD 2.0 Billion

CAGR Growth Rate

5.8%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type- Polypropylene (PP) Paper, Polyethylene (PE) Paper, Other Types

By Application- Packaging, Labeling, Printing, Industrial

By End-User Industry- Consumer Goods, Healthcare, Retail, Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on By Type, Application, End-User Industry, and Region.

Segmentation:

By Type:

  • Polypropylene (PP) Paper
  • Polyethylene (PE) Paper
  • Other Types

By Application:

  • Packaging
  • Labeling
  • Printing
  • Industrial 

By End-User Industry:

  • Consumer Goods
  • Healthcare
  • Retail
  • Others

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Synthetic Paper Market By Competitive Landscape & Key Players

The key players operating the Synthetic Paper Market include Yupo Corporation, Nan Ya Plastics Corporation, Arjobex SAS, PPG Industries, Inc., Hop Industries Corporation, American Profol Inc., MDV Papier-und Kunststoffveredelung GmbH, Relyco Sales, Inc., Transilwrap Company, Inc., Seiko Epson Corporation, and Agfa-Gevaert N.V.

Synthetic Paper Market Players

                            To Access More Companies, Request Free Sample Report

Global Synthetic Paper Market By Recent News

  • In April 2023, Launch of Eco-Friendly Synthetic Paper, Yupo Corporation introduced a new line of eco-friendly synthetic paper made from 100% recyclable materials. This development aims to address the growing demand for sustainable packaging solutions and reduce the environmental impact of synthetic paper production. The new product line is designed to be biodegradable under certain conditions, further enhancing its appeal to environmentally conscious consumers and businesses.
  • In June 2023, Expansion of Production Facilities, Agfa-Gevaert Group announced the expansion of its synthetic paper production facilities in Europe. This expansion is expected to increase the company's production capacity by 30%, enabling them to meet the rising demand for synthetic paper in packaging, labeling, and printing applications across the region. The new facilities will incorporate advanced manufacturing technologies to improve efficiency and product quality.

Global Synthetic Paper Market By Company Profile

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

FAQs

Synthetic Paper Market Size was valued at USD 1.07 Billion in 2024 and is expected to reach USD 2.0 Billion by 2034, growing at a CAGR of 5.8%.

The Synthetic Paper Market is segmented into By Type, Application, End-User Industry, and Region.

Factors driving the market include Growing Demand for Durable and Sustainable Packaging and Advances in Printing Technology

The Synthetic Paper Market's restraints include Recycling Challenges.

The Synthetic Paper Market is segmented by Region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Synthetic Paper Market include Yupo Corporation, Nan Ya Plastics Corporation, Arjobex SAS, PPG Industries, Inc., Hop Industries Corporation, American Profol Inc., MDV Papier-und Kunststoffveredelung GmbH, Relyco Sales, Inc., Transilwrap Company, Inc., Seiko Epson Corporation, and Agfa-Gevaert N.V.