Global Synthetic Paper Market 2018-2022| Industry Analysis and Forecast| Technavio
LONDON--(BUSINESS WIRE)--Oct 4, 2018--The global synthetic paper market research report by predicts the market to post a CAGR of almost 6% during the period 2018-2022.
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Technavio has published a new market research report on the global synthetic paper market for the period 2018-2022. (Graphic: Business Wire)
A key driver for the global synthetic paper market is the adoption of synthetic labels in the beverage industry. Labels play a very important role in the promotion of beverages and help in creating product differentiation. Synthetic paper is used for most labeling applications because of its qualities such as durability and water resistance. Additionally, synthetic paper is appropriate even for the shipping of beverages as it is capable of withstanding high temperatures and is inert to UV rays when exposed to sunlight.
This research report also provides an analysis of the most important trends expected to impact the market outlook during the period 2018-2022. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
In this report, Technavio highlights the increased demand for synthetic paper in in-mold labeling as one of the key trends in the global synthetic paper market:
Global synthetic paper market: Increased demand for synthetic paper in in-mold labeling
The in-mold labeling technique is a process in which a pre-printed label is placed in that mold that bears the desired shape of the end-product. The labels are held in the mold with a static charge or vacuum. The label is embedded into the products’ wall when molten plastic is added into the mold. The in-mold labeling technique is used in the packaging industry as an alternative for printing molded parts with customized requirements such as a highly flexible design.
“Synthetic papers are used in in-mold labeling as they are compatible to the process. Synthetic papers are recyclable as they possess the chemical characteristics of polypropylene and polyethylene. These papers assist in eliminating most of the quality issues, which occur with the use of traditional paper and has become a preferred material in the in-mold labeling process,” says a senior analyst at Technavio for research on tags and labels.
Global synthetic paper market: Segmentation analysis
This synthetic paper market analysis report segments the market by material type (BOPP and HDPE) and geography (the Americas, APAC, and EMEA).
APAC led the market in 2017 with around 35% of the market share, followed by the Americas and EMEA respectively. APAC is expected to dominate the market throughout the period 2018-2022.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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INDUSTRY KEYWORD: TRANSPORT MANUFACTURING LOGISTICS/SUPPLY CHAIN MANAGEMENT CHEMICALS/PLASTICS PACKAGING
SOURCE: Technavio Research
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PUB: 10/04/2018 11:09 AM/DISC: 10/04/2018 11:09 AM