Mexico Synthetic Paper Market Size & Outlook, 2022-2030

The synthetic paper market in Mexico is expected to reach a projected revenue of US$ 20.6 million by 2030. A compound annual growth rate of 5.8% is expected of Mexico synthetic paper market from 2023 to 2030.
Revenue, 2022 (US$M)
$13.1
Forecast, 2030 (US$M)
$20.6
CAGR, 2023 - 2030
5.8%
Report Coverage
Mexico

Mexico synthetic paper market highlights

  • The Mexico synthetic paper market generated a revenue of USD 13.1 million in 2022 and is expected to reach USD 20.6 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 5.8% 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 2022USD 13.1 million
Market revenue in 2030USD 20.6 million
Growth rate5.8% (CAGR from 2022 to 2030)
Largest segmentBopp
Fastest growing segmentHDPE
Historical data2018 - 2021
Base year2022
Forecast period2023 - 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, Mexico accounted for 1.2% 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 North America, U.S. synthetic paper market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 20.6 million by 2030.

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Synthetic Paper Market Companies

Name Profile # Employees HQ Website

Mexico 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 58.02% in 2022. Horizon Databook has segmented the Mexico synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.


Synthetic paper is primarily used for unconventional applications such as for SCUBA surveys of sea life. The products are also used for developing wine tags. Custom-made synthetic paper warnings are often seen hanging on doors, which cannot be affected by wind or rain.

PPG Industries, Inc. manufactures Teslin, a synthetic paper used as durable pressure-sensitive labels on shipping containers, industrial drums, blood bags, medical packaging & pallet, and shipping and supply-chain labels.

Teslin synthetic paper is apt for use in durable label applications that require processing with multiple printing technologies including laser printing. Traditionally, sheet wraps around stick labels were made of lithographically printed art paper laminated with BOPP protective film. However, they failed to provide an overall waterproof function, and the cost was higher in comparison to synthetic paper.

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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 Mexico synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into Mexico synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico synthetic paper market size, by product, 2018-2030 (US$M)

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

Mexico synthetic paper market size, by product, 2018-2030 (US$M)

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