Argentina Synthetic Paper Market Size & Outlook, 2022-2030
Argentina synthetic paper market, 2018-2030 (US$M)
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Argentina synthetic paper market highlights
- The Argentina synthetic paper market generated a revenue of USD 10.9 million in 2022 and is expected to reach USD 18.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.7% from 2023 to 2030.
- In terms of segment, bopp was the largest revenue generating product in 2022.
- HDPE is the most lucrative product segment registering the fastest growth during the forecast period.
Synthetic paper market data book summary
| Market revenue in 2022 | USD 10.9 million |
| Market revenue in 2030 | USD 18.3 million |
| Growth rate | 6.7% (CAGR from 2022 to 2030) |
| Largest segment | Bopp |
| Fastest growing segment | HDPE |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | BOPP, HDPE, PET |
| Key market players worldwide | Formosa Plastics Group, Sihl Group, Cosmo Films, Transcendia, Toyobo Co Ltd, Technovative Group Inc, Jindal Poly Films, Illinois Tool Works |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.0% of the global synthetic paper market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil synthetic paper market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 18.3 million by 2030.
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Synthetic Paper Market Scope
Synthetic Paper Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina synthetic paper market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to synthetic paper market will help companies and investors design strategic landscapes.
Bopp was the largest segment with a revenue share of 56.88% in 2022. Horizon Databook has segmented the Argentina synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.
The easy availability of the raw materials in Argentina reduces the manufacturing cost of synthetic paper, which is expected to drive the production and demand for the product over the forecast period. The manufacturing industry is also at a boom in the Argentine economy.
The leading industries are food processing and beverages, chemical and pharmaceuticals, electronics, and home appliances. The food processing and beverages industry have a high demand for synthetic paper for packaging purposes, and as a result, the synthetic paper market is expected to grow in this region over the forecasted period.
Moreover, the key players of the packaging industry in Argentina are switching to eco-friendly and sustainable packaging products. Since the BOPP synthetic paper is the best eco-friendly substitute of the traditional paper, the BOPP synthetic paper market is expected to grow over the forecasted period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into Argentina synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina synthetic paper market size, by product, 2018-2030 (US$M)
Argentina Synthetic Paper Market Outlook Share, 2022 & 2030 (US$M)
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