Synthetic Paper Market Size, Share, Industry, Forecast and outlook (2024-2031)
The global synthetic paper market has been experiencing a significant revolution in recent years, driven by the increasing demand for environmentally friendly and durable alternatives to traditional paper. As a sustainable solution, synthetic paper has found applications across various industries, including printing, packaging, labels, and more. The high-density polyethene drive leads the product segment in the global synthetic paper market, accounting for almost half of the market share. Similarly, the Asia-Pacific region dominates the synthetic paper market, capturing the largest market share of over 1/3rd. The Ministry of Environment in Japan indicated that the Asia-Pacific recorded a 15% increase in synthetic paper consumption in 2021 compared to the previous year.