Singapore Synthetic Paper Market Size & Outlook, 2022-2030
Singapore synthetic paper market, 2018-2030 (US$M)
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Singapore synthetic paper market highlights
- The Singapore synthetic paper market generated a revenue of USD 8.1 million in 2022 and is expected to reach USD 14.0 million by 2030.
- The Singapore market is expected to grow at a CAGR of 7.1% 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.
Synthetic paper market data book summary
| Market revenue in 2022 | USD 8.1 million |
| Market revenue in 2030 | USD 14.0 million |
| Growth rate | 7.1% (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, Singapore accounted for 0.8% 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 Asia Pacific, China synthetic paper market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 56.1 million by 2030.
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Synthetic Paper Market Scope
Synthetic Paper Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Singapore 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 56.79% in 2022. Horizon Databook has segmented the Singapore synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.
Synthetic Paper Industry in Singapore is expected to grow over the forecast period on account of rising applications of the product. The industry has witnessed a significant growth owing to the flourishing packaging industry driven by substantial growth in the consumption of food and beverage products.
Government initiatives such as Green Plan and Vertical Farming accompanied by the rising awareness among consumers about the eco-friendly nature of synthetic paper is expected to drive the growth of the market in the future.
Local government efforts towards the preservation of natural resources along with the growing concept of Skyrise Greenery and reducing carbon emissions is likely to contribute to the increasing demand for synthetic paper.
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Target buyers of Singapore synthetic paper market databook
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Our clientele includes a mix of synthetic paper market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Singapore synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into Singapore synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore synthetic paper market size, by product, 2018-2030 (US$M)
Singapore Synthetic Paper Market Outlook Share, 2022 & 2030 (US$M)
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