India Synthetic Paper Market Size & Outlook, 2025-2033
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India synthetic paper market highlights
- The India synthetic paper market generated a revenue of USD 36.8 million in 2024 and is expected to reach USD 72.3 million by 2033.
- The India market is expected to grow at a CAGR of 7.8% from 2025 to 2033.
- In terms of segment, bopp was the largest revenue generating product in 2024.
- HDPE is the most lucrative product segment registering the fastest growth during the forecast period.
Synthetic paper market data book summary
| Market revenue in 2024 | USD 36.8 million |
| Market revenue in 2033 | USD 72.3 million |
| Growth rate | 7.8% (CAGR from 2025 to 2033) |
| Largest segment | Bopp |
| Fastest growing segment | HDPE |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| 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, India accounted for 3.1% of the global synthetic paper market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China synthetic paper market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 72.3 million by 2033.
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Synthetic Paper Market Scope
Synthetic Paper Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Illinois Tool Works | View profile | 10001+ | Glenview Nas, Illinois, United States, North America | http://www.itw.com/ |
| Jindal Poly Films | View profile | 1001-5000 | New Delhi, Delhi, India, Asia | http://www.jindalpoly.com |
| Technovative Group Inc | View profile | 25 | 30 Canton Road, Unit 701, 7th Floor, Tower 2, Silvercord, Tsim Sha Tsui, Hong Kong, Hong Kong | http://www.technovative.co |
| Transcendia | View profile | 101-250 | Franklin Park, Illinois, United States, North America | http://www.transcendia.com/ |
| Cosmo Films | View profile | 10001+ | New Delhi, Delhi, India, Asia | http://www.cosmofilms.com/ |
| Sihl Group | View profile | 11-50 | Bern, Bern, Switzerland, Europe | http://www.sihl.ch/ |
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | https://www.fpg.com.tw/ |
| Toyobo Co Ltd | View profile | 12460 | 2-8, Dojima Hama 2-chome, Kita-ku, Osaka, Japan, 530-8230 | http://www.toyobo.co.jp |
India 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 60.87% in 2024. Horizon Databook has segmented the India synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2021 to 2033.
Pharmaceutical labels are the face of self-adhesive label industry. It is responsible for producing highly engineered, converted, and decorated labels. The segment accounts for bulk investments made for acquiring sophisticated European and American branded label presses.
Label printers make huge investments to upgrade their capabilities not only in printing but also for inspection and quality enhancing finishing equipment to meet the exact demands of their customers. Cosmo Films is among India's and the world's major manufacturer of synthetic paper.
Cosmo Synthetic Paper (CSP) is extending its use in a variety of applications to catch up with the rising synthetic paper market demand. The company recently introduced an improved type of synthetic paper that might replace paper in a variety of applications resulting in increased demand for synthetic paper in India.
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Horizon Databook provides a detailed overview of country-level data and insights on the India synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into India synthetic paper market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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India synthetic paper market size, by product, 2021-2033 (US$M)
India Synthetic Paper Market Outlook Share, 2024 & 2033 (US$M)
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