UK Synthetic Paper Market Size & Outlook, 2022-2030
UK synthetic paper market, 2018-2030 (US$M)
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UK synthetic paper market highlights
- The UK synthetic paper market generated a revenue of USD 25.9 million in 2022 and is expected to reach USD 34.7 million by 2030.
- The UK market is expected to grow at a CAGR of 3.7% 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 25.9 million |
| Market revenue in 2030 | USD 34.7 million |
| Growth rate | 3.7% (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, UK accounted for 2.4% 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 Europe, Germany synthetic paper market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 93.5 million by 2030.
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Synthetic Paper Market Scope
Synthetic Paper Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 57.53% in 2022. Horizon Databook has segmented the UK synthetic paper market based on bopp, hdpe, pet covering the revenue growth of each sub-segment from 2018 to 2030.
BOPP is expected to be the dominant product type over the forecast period owing to its characteristics such as minimum label stiffness (equivalent to 40 microns) for voided opaque films, good machine direction tensile modulus, low and controlled outside controlled coefficient of friction (COF), and label cutting and surface functionality for hot melt adhesion.
When choosing a substrate for labeling application converters must steer their customers toward what best suits the end user. Every roll of labels has a different requirement; therefore, the choice of substrate will take into account many factors.
For instance, white wine labels need to withstand an ice bucket bath, the labels on shampoo bottles need to hold up for weeks or months in moist, humid bathroom environments; lawn mower labels need to withstand the outdoors and sunlight.
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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 UK synthetic paper market , including forecasts for subscribers. This country databook contains high-level insights into UK synthetic paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK synthetic paper market size, by product, 2018-2030 (US$M)
UK Synthetic Paper Market Outlook Share, 2022 & 2030 (US$M)
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