Australia Synthetic Paper Market Size & Outlook, 2022-2030
Australia synthetic paper market, 2018-2030 (US$M)
Related Markets
Australia synthetic paper market highlights
- The Australia synthetic paper market generated a revenue of USD 23.1 million in 2022 and is expected to reach USD 38.9 million by 2030.
- The Australia 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 23.1 million |
| Market revenue in 2030 | USD 38.9 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, Australia accounted for 2.1% 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 Asia Pacific, China synthetic paper market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 56.1 million by 2030.
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Synthetic Paper Market Scope
Synthetic Paper Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 56.28% in 2022. Horizon Databook has segmented the Australia synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.
Consumers in Australia continue to seek high quality, premium products. In spirits segment, vibrant and striking 360-degree shrink sleeve packaging has captured the attention of consumers. Consumers in the country are more aware and concerned about ethical and sustainable aspects, which majorly influence their purchasing decisions.
Australian customers are also more likely to buy items from companies with a minimal carbon impact. Many firms have accelerated efforts to reduce their carbon footprint in order to achieve carbon neutrality by 2050.
The demand for sustainable products such as recyclable synthetic paper is resulting in companies using sustainable credentials as part of their marketing strategies to promote brands. The presence of standup pouches has expanded into a number of product areas, such as baby food and yogurt.
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Target buyers of Australia synthetic paper market databook
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Our clientele includes a mix of synthetic paper market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into Australia synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia synthetic paper market size, by product, 2018-2030 (US$M)
Australia Synthetic Paper Market Outlook Share, 2022 & 2030 (US$M)
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