Market revenue in 2022 | USD 24.0 million |
Market revenue in 2030 | USD 38.9 million |
Growth rate | 6.2% (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 |
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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.
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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