Germany Synthetic Paper Market Size & Outlook, 2022-2030
Germany synthetic paper market, 2018-2030 (US$M)
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Germany synthetic paper market highlights
- The Germany synthetic paper market generated a revenue of USD 66.6 million in 2022 and is expected to reach USD 93.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.3% 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 66.6 million |
| Market revenue in 2030 | USD 93.5 million |
| Growth rate | 4.3% (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, Germany accounted for 6.2% 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 Europe, Germany synthetic paper market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 93.5 million by 2030.
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Synthetic Paper Market Scope
Synthetic Paper Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 57.96% in 2022. Horizon Databook has segmented the Germany synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.
PP films are widely used for non-durable applications. They are the most economical for applications that do not require high levels of shrinkage or for elevated temperature or outdoor exposure. PET films are used for durable applications.
PVC, PET, and PS-based films are used for high shrink applications. The films are selected for applications requiring >15% shrinkage. Film shrinkage is unidirectional with maximum shrinkage between 35%–75%. PE films are used for stretch sleeve applications.
PE, PP or PE/PP blends in synthetic paper are used for in-mold and PP and synthetic paper are used for thermal transfer and direct thermal applications. Plastic films are often in competition with or a replacement for paper as a substrate of choice for label applications.
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Our clientele includes a mix of synthetic paper market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into Germany synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany synthetic paper market size, by product, 2018-2030 (US$M)
Germany Synthetic Paper Market Outlook Share, 2022 & 2030 (US$M)
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