Thailand Synthetic Paper Market Size & Outlook, 2022-2030
Thailand synthetic paper market, 2018-2030 (US$M)
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Thailand synthetic paper market highlights
- The Thailand synthetic paper market generated a revenue of USD 8.4 million in 2022 and is expected to reach USD 14.5 million by 2030.
- The Thailand market is expected to grow at a CAGR of 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.
Synthetic paper market data book summary
| Market revenue in 2022 | USD 8.4 million |
| Market revenue in 2030 | USD 14.5 million |
| Growth rate | 7% (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, Thailand 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 |
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Thailand 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 58.33% in 2022. Horizon Databook has segmented the Thailand synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.
The synthetic paper market in Thailand is expected to grow on account of its rising applications in ecommerce, food & beverage, logistics & freight, retail, pharmaceutical, and aviation industries. The aforementioned industries are expected to drive the product demand owing to its use in packaging, labeling, documents, and other applications.
Food & beverage industry in Thailand has received huge investment in the past four years from domestic as well as international investors thus flourishing the overall market. The booming logistics sector in Thailand owing to investment in transport infrastructure is expected to propel the product demand.
Budding e-commerce on account of the influence of social media platforms has attracted heavy uses of the product for the purpose of labeling on the packed products owing to its high endurance capacity. Moreover, increasing payment options such as mobile banking and e-wallets have contributed to the growth of e-commerce platforms across the country.
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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 country-level data and insights on the Thailand synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into Thailand synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand synthetic paper market size, by product, 2018-2030 (US$M)
Thailand Synthetic Paper Market Outlook Share, 2022 & 2030 (US$M)
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