Global BOPP Synthetic Paper market will reach 260 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/22

The global market for BOPP synthetic paper is witnessing significant growth due to the rising usage of synthetic paper in labels and tags. Due to its durability, BOPP synthetic papers are in demand which is consequently boosting the growth of the market. Besides, the BOPP synthetic paper provides the benefits of normal papers such as opacity, good printability, whiteness, and appearance which is creating a positive impact on the global BOPP synthetic paper market in the near future. Biaxial oriented polypropylene (BOPP) synthetic paper has high performance and stability over a wide range of environmental conditions and temperatures that lead to drives the growth of the market.

However, the normal paper is often given preference over the synthetic paper because of the low cost of normal paper. This factor hampers the growth of the market in the years to come. 

The global BOPP Synthetic Paper market is valued at 170 million US$ in 2018 is expected to reach 260 million US$ by the end of 2025, growing at a CAGR of 5.7% during 2019-2025.

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