China Synthetic Paper Market Size & Outlook, 2022-2030
China synthetic paper market, 2018-2030 (US$M)
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China synthetic paper market highlights
- The China synthetic paper market generated a revenue of USD 107.6 million in 2022 and is expected to reach USD 180.9 million by 2030.
- The China 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 107.6 million |
| Market revenue in 2030 | USD 180.9 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, China accounted for 10.0% 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 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 |
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China 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 57.25% in 2022. Horizon Databook has segmented the China synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.
China is the second largest market for synthetic paper in terms of consumption in Asia Pacific market. The increasing focus on the utilization of ecofriendly products, especially in tag & label application is expected to have a positive impact on the demand over the forecast period.
Tag & label is increasingly being used in chemical, cosmetics, and food & beverage industries, which is likely to facilitate the growth of synthetic paper market over the next seven years. Moreover, the increasing investments by companies due to the low labor costs in the country are expected to propel the growth of the market.
The increasing demand for printed synthetic paper is propelling the growth of this market. Printed synthetic paper is witnessing high demand due to the growing need to differentiate products for easy identification and marketing purposes.
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Target buyers of China 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into China synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China synthetic paper market size, by product, 2018-2030 (US$M)
China Synthetic Paper Market Outlook Share, 2022 & 2030 (US$M)
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