Middle East & Africa Synthetic Paper Market Size & Outlook
Middle East & Africa synthetic paper market, 2018-2030 (US$M)
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MEA synthetic paper market highlights
- The MEA synthetic paper market generated a revenue of USD 60.6 million in 2022.
- The 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.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 60.6 million |
| Market revenue in 2030 | USD 101.9 million |
| Growth rate | 6.7% (CAGR from 2022 to 2030) |
| Largest segment | Bopp |
| Fastest growing segment | HDPE |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, MEA region accounted for 5.6% 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.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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Synthetic Paper Market Scope
Synthetic Paper Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 56.6% in 2022. Horizon Databook has segmented the Middle East & Africa synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.
Yupo Corporation and PPG Industries are some of the major players in the market that offer synthetic paper products in the Middle East. The rising food packaging industry in Africa and the Middle East is likely to provide avenues for the growth of synthetic paper market over the forecast period.
InfoME Technologies LLC, a technology solutions and IT products trading company, UAE, supplies a variety of barcode labels, ribbons accessories, RFID labels that are media made for synthetic paper to support different printing technologies.
The company also markets thermal paper labels that are treated with a heat sensitive layer and imaged through direct contact with the print head. Direct thermal products with a top coat provide enhanced durability for applications where high humidity and surface abrasion are of prime concern.
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Our clientele includes a mix of synthetic paper market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa synthetic paper market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA synthetic paper market size, by country, 2018-2030 (US$M)
Middle East & Africa Synthetic Paper Market Outlook Share, 2022 & 2030 (US$M)
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