Brazil Synthetic Paper Market Size & Outlook, 2022-2030

The synthetic paper market in Brazil is expected to reach a projected revenue of US$ 38.9 million by 2030. A compound annual growth rate of 6.2% is expected of Brazil synthetic paper market from 2023 to 2030.
Revenue, 2022 (US$M)
$24.0
Forecast, 2030 (US$M)
$38.9
CAGR, 2023 - 2030
6.2%
Report Coverage
Brazil

Brazil synthetic paper market highlights

  • The Brazil synthetic paper market generated a revenue of USD 24.0 million in 2022 and is expected to reach USD 38.9 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 6.2% 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 2022USD 24.0 million
Market revenue in 2030USD 38.9 million
Growth rate6.2% (CAGR from 2022 to 2030)
Largest segmentBopp
Fastest growing segmentHDPE
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBOPP, HDPE, PET
Key market players worldwideFormosa 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, Brazil accounted for 2.2% 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 Companies

Name Profile # Employees HQ Website

Brazil 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 57.08% in 2022. Horizon Databook has segmented the Brazil synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.


Vitopel S.A. has been working with numerous local synthetic paper manufacturers and recyclers to develop the product. The product uses Dubbed Vitopaper technology, which was developed by Vitopel and researchers at the Federal University of São Carlos (UFSCar).

It uses recycled plastic from the wrappers of ice cream, snacks, and bottle labels. This is expected to have a positive impact on the growth of the market over the forecast period. However, the high cost of synthetic paper as compared to natural paper is expected to restrain the growth of synthetic paper over the forecast period.

Synthetic papers are gaining greater acceptance as a viable alternative to vinyl films for many demanding store graphics and Point-Of-Purchase applications. Synthetic papers are plastic films engineered to look, feel, and print like paper.

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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into Brazil synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil synthetic paper market size, by product, 2018-2030 (US$M)

Brazil Synthetic Paper Market Outlook Share, 2022 & 2030 (US$M)

Brazil synthetic paper market size, by product, 2018-2030 (US$M)

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