Latin America Synthetic Paper Market Size & Outlook

The synthetic paper market in Latin America is expected to reach a projected revenue of US$ 118.4 million by 2030. A compound annual growth rate of 6.1% is expected of Latin America synthetic paper market from 2023 to 2030.
Revenue, 2022 (US$M)
$73.8
Forecast, 2030 (US$M)
$118.4
CAGR, 2023 - 2030
6.1%
Report Coverage
Latin America

Latin America synthetic paper market highlights

  • The Latin America synthetic paper market generated a revenue of USD 73.8 million in 2022.
  • The market is expected to grow at a CAGR of 6.1% 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.
  • Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.


Latin America data book summary

Market revenue in 2022USD 73.8 million
Market revenue in 2030USD 118.4 million
Growth rate6.1% (CAGR from 2022 to 2030)
Largest segmentBopp
Fastest growing segmentHDPE
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 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, Latin America region accounted for 6.9% of the global synthetic paper market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 101.9 million by 2030.

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Synthetic Paper Market Companies

Name Profile # Employees HQ Website

Latin America 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 57.18% in 2022. Horizon Databook has segmented the Latin America synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.


Synthetic paper is widely used in the packaging industry which is one of the major factors for its market growth in Central & South America, owing to rising industrial setup in the region primarily in Brazil & Argentina.

Brazil is one of the major countries producing synthetic paper as the oil production in the country is high. Low raw material prices in the region reduces the manufacturing cost of paper rendering it feasible for production on a large-scale and export to countries with high demand.

Cut & stack labeling is cost-effective in the long run. These labels can be produced on film (metalized & opaque). A comprehensive range of embellishments is also added to the product including foil stamping, embossing, striking metallic, stunning varnish effects, and intricate shapes.

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  • Our clientele includes a mix of synthetic paper market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America synthetic paper market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America synthetic paper market size, by country, 2018-2030 (US$M)

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

Latin America synthetic paper market size, by country, 2018-2030 (US$M)

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