The global Synthetic Paper for Labelling Market size was USD 519.9 Million in 2020 and is expected to register a revenue CAGR of 8.8% during the forecast period. Increasing use of synthetic paper in various end-use industries such as packaging, pharmaceuticals, cosmetics and personal care products, and manufacturing is expected to drive market revenue growth during the forecast period. Properties of synthetic paper such as excellent durability, water-proof, oil resistance, chemical resistance, as well as tear resistance is boosting demand for the product across various end-use industries. Synthetic papers are mainly made with synthetic polymers and deliver additional properties.
Manufacturers are investing in research development activities for production of synthetic paper in multiple grades and gauge thickness under different names and brands. Characteristics of different types of synthetic paper are based on print technology and intended application uses. Most of these manufacturers are designing synthetic paper with novel properties such as food contact, biodegradability, security, and extended thermal exposure for various applications. PPG TESLIN synthetic paper by PPG Industries Inc. is a single-layer and polyolefin-based material, which is a unique substrate category among synthetic papers. Other synthetic papers can be composed of thermoplastic materials, including HDPE, PP, vinyl, or other options, and these are often coated.
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Top Players in the Global Synthetic Paper for Labelling Market:
PPG Industries, Inc., Seiko Epson Corporation, Agfa-Gevaert N.V., Yupo Corporation, NAN YA PLASTICS CORPORATION, Polyart (Arjobex), Profol Americas, Inc., Cosmo Films Limited, Neenah Inc., and Toyobo Co., Ltd.
Use of synthetic paper is continuously increasing in a wide range of applications because of its versatility, durability, print quality, and compatibility, and in many cases, greater cost-efficiency. Growing concerns regarding deforestation and water conservation among producers of wood cellulose fiber paper is resulting in emergence of synthetic paper as an alternative to traditional paper. Major applications of synthetic paper include durable product labels, industrial labels, laminated cards, restaurant menu cards, heavy-duty manuals, waterproof maps, racing bibs, wristbands, and ultra-durable POP advertising.
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Market segmentation based on Product Type Outlook:
- Biaxially Oriented Polypropylene (BOPP) Films
- High Density Polythene (HDPE)
- Polyvinyl Chloride (PVC)
- Others
Application Outlook:
- Labelling
- Printing
- Paper Bag Making
- Others
Manufacturing Process Outlook:
- Film Synthetic Paper
- Fiber
- Film laminate
- Others
End-Use Outlook:
- Packaging
- Transportation
- Pharmaceuticals
- Cosmetics and Personal Care
- Manufacture
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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