Global Synthetic Paper Packaging Market, By Grade (Carton board, Containerboard), Product Type (Folding Cartons, Corrugated Boxes), End User Industry (Food, Beverage, Healthcare, Personal Care, Household Care, Electrical Products) Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Synthetic Paper Packaging Market
Data Bridge Market Research analyses that the Synthetic Paper Packaging market will project a CAGR of 2.10% for the forecast period of 2021-2028 and would account to USD 1,998.02 million by 2028. Rise in the demand by the printing, labelling, and packaging industries, surging urbanization and growing demand for commodities are the factors anticipated to propel the growth of the synthetic paper packaging market.
The synthetic paper is same as a daily paper, however their properties are comparable to the plastic films. As synthetic paper has superior physical and chemical properties, they offer several and numerous advantages over the normal paper. The manufacturer of the synthetic paper sometimes utilizes crude oil derivatives that contain synthetic resins just like the plastic and polythene.
Paper packaging is a versatile and cost-effective technique to safeguard, preserve, and transport a large variety of product. Additionally, it are often made-to-order to satisfy the customers' desires for product-specific needs. The characteristics, such as light-weight, biodegradability, and recyclability, are the benefits of paper packaging that build it a necessary element for packaging.
The increasing shopper consciousness relating to product packaging and growing demand from the emerging markets are the factors driving the marketplace for synthetic paper packaging. The rise of on-line searching and delivery-on-demand services has fuelled the usage of cardboard and paper-based luggage.
The major challenges faced by the paper packaging market is that the inability of paper within the packaging of heavy weighted materials, leading to the business being weak. Moreover, deforestation and also the unleash of dioxins throughout paper production cause environmental considerations. These factors, in turn, are impeding the expansion of the synthetic paper packaging market.
This synthetic paper packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on synthetic paper packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth
Global Synthetic Paper Packaging Market Scope and Market Size
The synthetic paper packaging market is segmented on the basis of grade, product type, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of grade, the synthetic paper packaging market is segmented into carton board?, and containerboard.
- On the basis of product type, the synthetic paper packaging market is segmented into folding cartons, and corrugated boxes.
- On the basis of end user industry, the synthetic paper packaging market is segmented into food, beverage, healthcare, personal care, household care, and electrical products.
Synthetic Paper Packaging Market Country Level Analysis
The global synthetic paper packaging market is analysed and market size insights and trends are provided by country, grade, product type, and end user as referenced above.
The countries covered in the synthetic paper packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region dominates the synthetic paper packaging market and will continue to flourish its trend of dominance during the forecast period owing players in the market are increasingly investing in advanced and customized packaging solutions, through increased M&A activities or R&D strategies. Asia-Pacific will however register the highest CAGR for this period, by changing cultural trends, the expanding population, growing urbanization, and the rising popularity of commodities through online marketing.
The country section of the synthetic paper packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Synthetic Paper Packaging Market Share Analysis
The synthetic paper packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to synthetic paper packaging market.
The major players operating in the synthetic paper packaging market report are DuPont., Agfa-Gevaert Group., PPG Industries, Inc., NAN YA PLASTICS CORPORATION., ARJOBEX SAS, RELYCO., Transcendia, Seiko Epson Corporation., YUPO CORPORATION, Formosa Plastics Group, Granwell Products Inc, Folex, Profol GmbH, Sihl AG, Japan Pulp & Paper Co., Ltd., Aluminium Féron GmbH & Co. KG, B & F Plastics, Inc., Jindal Poly Films Limited, VALÉRON, Cosmo Films Ltd., TOYOBO CO., LTD., Polyplex, Kernow Coatings, Southwest Binding & Laminating., Neenah, Inc., TAGHLEEF INDUSTRIES GROUP, AVERY DENNISON CORPORATION., among others. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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