Synthetic Paper Market Estimated At USD 1.7 Billion By 2030
San Francisco, 9 Dec 2022: The Report Synthetic Paper Market Size, Share & Trends Analysis Report By Product (BOPP, HDPE, PET), By Application (Label, Non-label), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2022 - 2030 The global synthetic paper market size is expected to reach USD 1.7 billion by 2030, as per a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 5.5% from 2022 to 2030. Increasing awareness about climate change and the growing shift towards eco-friendly and recyclable packaging materials are expected to drive market growth. The major drivers of the market growth are the global increasing demand for paper and the efforts made to decrease the dependency on plant-based paper. Its sustainable production and recyclable nature are expected to notably drive the demand for synthetic paper materials in the coming years. The Covid-19 pandemic had disrupted the global supply chain thus severely impacting the end