Global Synthetic Paper Market Analysis & Trends - Industry Forecast to 2030
Description
Global Synthetic Paper Market Analysis & Trends - Industry Forecast to 2030
Synthetic Paper: Market Size
From $1,126.44 million in 2024, the global Synthetic Paper market is projected to reach $2370.21 million by 2030. Based on our analysis the market is expected to grow at a CAGR of 13.2% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include developments in the printing and packaging technologies, the rising popularity of blister packaging and folding cartons and increasing concerns against deforestation.
Global Synthetic Paper Market: Market Dynamics
Synthetic papers have become more popular as they have characteristics of both paper and films. As synthetic paper has superior physical and chemical properties, they provide many and diverse benefits over ordinary paper. These papers are also radiant white and have printable surfaces. They are also tough hence support high-quality printing. The factors driving the growth of the synthetic paper market are its eco-friendly properties, the extensive application areas of synthetic paper, and rising utilization in the pharmaceutical and food & beverages industries.
On the other hand, the limited plastics material available for synthetic paper and volatility in the raw material prices are likely to obstruct the profit boundaries. In addition, increasing concerns of pulp paper for environmental pollution will further boost for the Synthetic Paper market.
Impact of COVID-19 on Synthetic Paper
The pandemic has negatively affected industries around the world, particularly the packaging industry. Packaging companies were thinking with innovative technologies that were friendly to the environment, reusable, and biodegradable. Yet concerns about hygiene and safety has temporarily halted the packaging industry’s advancement towards a sustainable and supply chain, as e-commerce services were also suspended for few months. Hence owing to security concerns the synthetic paper demand has declined. Due to this major lockdown, the consumer market has begun to show zero interest towards purchasing any kind of paper products as almost all schools and colleges were closed for a very long period of time.
By End User
Food and Beverages Segment Dominate the Market in 2024
The food and beverages segment made huge revenue in 2024 and growing its prominence during the forecast period as synthetic paper can be perfectly used in food & beverages and can be used for printing, packaging, and labeling requirements as they are non-tearable. It's oil-resistant nature helps in potential food & beverage leaks.
By Geography
Asia Pacific Region is Leading in the Global Market Place
Asia Pacific is likely to have a huge demand in the forecast period owing to rising urbanization, increasing population, growth in cost per package, sustainability, and the improving consumer lifestyle in emerging economies of China and India. China’s emergence as a global manufacturing hub has increased the demand for synthetic paper.
List of the Key Players Profiled in the Market Include:
• Elastin International Corporation
• Yupo Corporation
• Valeron Strength Films
• Toyobo Co. Ltd.
• Aluminium Feron GmbH & Co. KG
• Shijiazhuang Dadao Packaging Materials Co.,Ltd
• HWASEUNG Industries Co.,Ltd
• Ruian Rifo Packaging Material Co., Ltd.
• PPG Industries, Inc.
• Neenah Inc.
• Kaveri Metallising & Coating Industries Pvt. Ltd.
• Innovia Films
• Relyco Sales, Inc.
• HOP Industries Corporation
• Cosmo Films
• American Profol, Inc.
• Seiko Epson Corporation
• Agfa-Gevaert
• Tamerica Products Inc.
• Nan Ya Plastics Corporation
List of the Regions/Countries Profiled in the Market Include:
North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others
Table of Contents
200 Pages
- 1 Market Outline
- 1.1 Definition
- 1.2 Market Segmentation & Scope
- 1.3 Market Trends
- 1.4 Regulatory Factors
- 1.5 Application Analysis
- 1.6 End User Analysis
- 1.7 Strategic Benchmarking
- 1.8 Opportunity Analysis
- 2 Executive Summary
- 3 Research Methodology and Data Source
- 3.1 Methodology/Research Approach
- 3.1.1 Research Programs/Design
- 3.1.2 Market Size Estimation
- 3.2 Data Source and Assumptions
- 3.2.1 Purchased Database
- 3.2.2 Company Repository
- 3.2.3 Secondary Sources
- 3.2.4 Primary Research
- 3.2.5 List of Assumptions
- 4 Market Overview
- 4.1 Current Trends
- 4.1.1 Increasing Demand in Imports & Exports Among Several Manufacturers
- 4.1.2 High Demand in the Industries of Retail, Food and Beverage
- 4.1.3 Recent Technological Developments in the Pallet Racking System
- 4.1.4 Growth Opportunities/Investment Opportunities
- 4.2 Drivers
- 4.3 Constraints
- 4.4 Impact of COVID-19
- 5 Market Factor Analysis
- 5.1 Porters Five Forces
- 5.1.1 Bargaining power of suppliers
- 5.1.2 Bargaining power of buyers
- 5.1.3 Threat of substitutes
- 5.1.4 Threat of new entrants
- 5.1.5 Competitive rivalry
- 5.2 Value Chain Analysis/Supply Chain Analysis
- 6 Consumer behaviour analysis/Consumer Research
- 6.1 Consumer trends and preferences
- 6.2 Factors affecting buying decision
- 6.3 Consumer product adoption
- 6.4 Observation & Recommendations
- 7 Pallet Racking System Market, By Type
- 7.1 Semi-Automated
- DATA TABLE Semi-Automated Market Forecast to 2030 (US$ MN)
- 7.2 Manual
- DATA TABLE Manual Market Forecast to 2030 (US$ MN)
- 7.3 Fully Automated
- DATA TABLE Fully Automated Market Forecast to 2030 (US$ MN)
- 8 Pallet Racking System Market, By Frame Load Capacity
- 8.1 Up to 5 Ton
- DATA TABLE Up to 5 Ton Market Forecast to 2030 (US$ MN)
- 8.2 5-15 Ton
- DATA TABLE 5-15 Ton Market Forecast to 2030 (US$ MN)
- 8.3 Above 15 Ton
- DATA TABLE Above 15 Ton Market Forecast to 2030 (US$ MN)
- 9 Pallet Racking System Market, By Racking System Type
- 9.1 Selective Pallet Rack
- DATA TABLE Selective Pallet Rack Market Forecast to 2030 (US$ MN)
- 9.2 Push-back Rack
- DATA TABLE Push-back Rack Market Forecast to 2030 (US$ MN)
- 9.3 Narrow Aisle Rack
- DATA TABLE Narrow Aisle Rack Market Forecast to 2030 (US$ MN)
- 9.4 Mezzanine
- DATA TABLE Mezzanine Market Forecast to 2030 (US$ MN)
- 9.5 Gravity Flow Rack
- DATA TABLE Gravity Flow Rack Market Forecast to 2030 (US$ MN)
- 9.6 Drive-in Rack
- DATA TABLE Drive-in Rack Market Forecast to 2030 (US$ MN)
- 10 Pallet Racking System Market, By System Type
- 10.1 Shuttle Racking
- DATA TABLE Shuttle Racking Market Forecast to 2030 (US$ MN)
- 10.2 Conventional
- DATA TABLE Conventional Market Forecast to 2030 (US$ MN)
- 10.3 Mobile Racking
- DATA TABLE Mobile Racking Market Forecast to 2030 (US$ MN)
- 10.3.1 Vertically Rotating
- DATA TABLE Vertically Rotating Market Forecast to 2030 (US$ MN)
- 10.3.2 Horizontally Rotating
- DATA TABLE Horizontally Rotating Market Forecast to 2030 (US$ MN)
- 10.4 Hybrid/Customized Racking
- DATA TABLE Hybrid/Customized Racking Market Forecast to 2030 (US$ MN)
- 11 Pallet Racking System Market, By Application
- 11.1 Trays & Crates
- DATA TABLE Trays & Crates Market Forecast to 2030 (US$ MN)
- 11.2 Rigid Sheets
- DATA TABLE Rigid Sheets Market Forecast to 2030 (US$ MN)
- 11.3 Pipes & Panels, Tires
- DATA TABLE Pipes & Panels, Tires Market Forecast to 2030 (US$ MN)
- 11.4 Drums & Pails
- DATA TABLE Drums & Pails Market Forecast to 2030 (US$ MN)
- 11.5 Cases & Boxes
- DATA TABLE Cases & Boxes Market Forecast to 2030 (US$ MN)
- 11.6 Timber & Rolls
- DATA TABLE Timber & Rolls Market Forecast to 2030 (US$ MN)
- 12 Pallet Racking System Market, By End User
- 12.1 Packaging
- DATA TABLE Packaging Market Forecast to 2030 (US$ MN)
- 12.2 Mining
- DATA TABLE Mining Market Forecast to 2030 (US$ MN)
- 12.3 Automotive
- DATA TABLE Automotive Market Forecast to 2030 (US$ MN)
- 12.4 Logistics & Warehousing
- DATA TABLE Logistics & Warehousing Market Forecast to 2030 (US$ MN)
- 12.5 Healthcare
- DATA TABLE Healthcare Market Forecast to 2030 (US$ MN)
- 12.6 Food & Beverage
- DATA TABLE Food & Beverage Market Forecast to 2030 (US$ MN)
- 12.7 Electrical & Electronics
- DATA TABLE Electrical & Electronics Market Forecast to 2030 (US$ MN)
- 12.8 Chemical
- DATA TABLE Chemical Market Forecast to 2030 (US$ MN)
- 12.9 Building & Construction
- DATA TABLE Building & Construction Market Forecast to 2030 (US$ MN)
- 12.10 Aerospace
- DATA TABLE Aerospace Market Forecast to 2030 (US$ MN)
- 12.11 Metal Processing & Manufacturing
- DATA TABLE Metal Processing & Manufacturing Market Forecast to 2030 (US$ MN)
- 13 Pallet Racking System Market, By Geography
- 13.1 North America
- DATA TABLE North America Market Forecast by Countries to 2030 (US$ MN)
- 13.1.1 US
- 13.1.2 Canada
- 13.1.3 Mexico
- 13.2 Europe
- DATA TABLE Europe Market Forecast by Countries to 2030 (US$ MN)
- 13.2.1 Germany
- 13.2.2 U.K
- 13.2.3 Italy
- 13.2.4 France
- 13.2.5 Spain
- 13.2.6 Rest of Europe
- 13.3 Asia Pacific
- DATA TABLE Asia Pacific Market Forecast by Countries to 2030 (US$ MN)
- 13.3.1 China
- 13.3.2 Japan
- 13.3.3 India
- 13.3.4 Australia
- 13.3.5 New Zealand
- 13.3.6 Rest of Asia Pacific
- 13.4 Middle East
- DATA TABLE Middle East Market Forecast by Countries to 2030 (US$ MN)
- 13.4.1 Saudi Arabia
- 13.4.2 UAE
- 13.4.3 Rest of Middle East
- 13.5 Latin America
- DATA TABLE Latin America Market Forecast by Countries to 2030 (US$ MN)
- 13.5.1 Argentina
- 13.5.2 Brazil
- 13.5.3 Rest of Latin America
- 13.6 Rest of the World (RoW)
- DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2030 (US$ MN)
- 13.6.1 South Africa
- 13.6.2 Others
- 14 Key Player Activities
- 14.1 Acquisitions & Mergers
- 14.2 Agreements, Partnerships, Collaborations and Joint Ventures
- 14.3 Product Launch & Expansions
- 14.4 Other Activities
- 15 Leading Companies
- 15.1 SSI Schaefer
- 15.2 Nedcon B.V.
- 15.3 Montel Inc.
- 15.4 Estral Innovation and Applied Logistics
- 15.5 Kardex Ag
- 15.6 Jungheinrich AG
- 15.7 Interroll Dyanmic Storage
- 15.8 Hannibal Industries, Inc.
- 15.9 Elite Storage Solutions Inc.
- 15.10 Dexion Gmbh
- 15.11 Daifuku Co., Ltd
- 15.12 AVERYS Group
- 15.13 Mecalux SA.
- List of Tables
- Table 1 Global Pallet Racking System Market By Region, Market Forecast (2022-2030) (US $MN)
- Table 2 Global Pallet Racking System Market By Type, Market Forecast (2022-2030) (US $MN)
- Table 3 Global Pallet Racking System Market By Semi-Automated, Market Forecast (2022-2030) (US $MN)
- Table 4 Global Pallet Racking System Market By Manual, Market Forecast (2022-2030) (US $MN)
- Table 5 Global Pallet Racking System Market By Fully Automated, Market Forecast (2022-2030) (US $MN)
- Table 6 Global Pallet Racking System Market By Frame Load Capacity, Market Forecast (2022-2030) (US $MN)
- Table 7 Global Pallet Racking System Market By Up to 5 Ton, Market Forecast (2022-2030) (US $MN)
- Table 8 Global Pallet Racking System Market By 5-15 Ton, Market Forecast (2022-2030) (US $MN)
- Table 9 Global Pallet Racking System Market By Above 15 Ton, Market Forecast (2022-2030) (US $MN)
- Table 10 Global Pallet Racking System Market By Racking System Type, Market Forecast (2022-2030) (US $MN)
- Table 11 Global Pallet Racking System Market By Selective Pallet Rack, Market Forecast (2022-2030) (US $MN)
- Table 12 Global Pallet Racking System Market By Push-back Rack, Market Forecast (2022-2030) (US $MN)
- Table 13 Global Pallet Racking System Market By Narrow Aisle Rack, Market Forecast (2022-2030) (US $MN)
- Table 14 Global Pallet Racking System Market By Mezzanine, Market Forecast (2022-2030) (US $MN)
- Table 15 Global Pallet Racking System Market By Gravity Flow Rack, Market Forecast (2022-2030) (US $MN)
- Table 16 Global Pallet Racking System Market By Drive-in Rack, Market Forecast (2022-2030) (US $MN)
- Table 17 Global Pallet Racking System Market By System Type, Market Forecast (2022-2030) (US $MN)
- Table 18 Global Pallet Racking System Market By Shuttle Racking, Market Forecast (2022-2030) (US $MN)
- Table 19 Global Pallet Racking System Market By Conventional, Market Forecast (2022-2030) (US $MN)
- Table 20 Global Pallet Racking System Market By Mobile Racking, Market Forecast (2022-2030) (US $MN)
- Table 21 Global Pallet Racking System Market By Vertically Rotating, Market Forecast (2022-2030) (US $MN)
- Table 22 Global Pallet Racking System Market By Horizontally Rotating, Market Forecast (2022-2030) (US $MN)
- Table 23 Global Pallet Racking System Market By Hybrid/Customized Racking, Market Forecast (2022-2030) (US $MN)
- Table 24 Global Pallet Racking System Market By Application, Market Forecast (2022-2030) (US $MN)
- Table 25 Global Pallet Racking System Market By Trays & Crates, Market Forecast (2022-2030) (US $MN)
- Table 26 Global Pallet Racking System Market By Rigid Sheets, Market Forecast (2022-2030) (US $MN)
- Table 27 Global Pallet Racking System Market By Pipes & Panels, Tires, Market Forecast (2022-2030) (US $MN)
- Table 28 Global Pallet Racking System Market By Drums & Pails, Market Forecast (2022-2030) (US $MN)
- Table 29 Global Pallet Racking System Market By Cases & Boxes, Market Forecast (2022-2030) (US $MN)
- Table 30 Global Pallet Racking System Market By Timber & Rolls, Market Forecast (2022-2030) (US $MN)
- Table 31 Global Pallet Racking System Market By End User, Market Forecast (2022-2030) (US $MN)
- Table 32 Global Pallet Racking System Market By Packaging, Market Forecast (2022-2030) (US $MN)
- Table 33 Global Pallet Racking System Market By Mining, Market Forecast (2022-2030) (US $MN)
- Table 34 Global Pallet Racking System Market By Automotive, Market Forecast (2022-2030) (US $MN)
- Table 35 Global Pallet Racking System Market By Logistics & Warehousing, Market Forecast (2022-2030) (US $MN)
- Table 36 Global Pallet Racking System Market By Healthcare, Market Forecast (2022-2030) (US $MN)
- Table 37 Global Pallet Racking System Market By Food & Beverage, Market Forecast (2022-2030) (US $MN)
- Table 38 Global Pallet Racking System Market By Electrical & Electronics, Market Forecast (2022-2030) (US $MN)
- Table 39 Global Pallet Racking System Market By Chemical, Market Forecast (2022-2030) (US $MN)
- Table 40 Global Pallet Racking System Market By Building & Construction, Market Forecast (2022-2030) (US $MN)
- Table 41 Global Pallet Racking System Market By Aerospace, Market Forecast (2022-2030) (US $MN)
- Table 42 Global Pallet Racking System Market By Metal Processing & Manufacturing, Market Forecast (2022-2030) (US $MN)
- NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.
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