The synthetic paper market size is expected to grow by $ 51.21 mn during 2021-2025, progressing at a CAGR of almost 6.48%. The report provides thorouh insights on the COVID-19 impact on the market and new business opportunities, if any, during the pandemic period. According to Technavio research experts, we expect the impact to be significant during the first quarter, which should gradually alleviate in subsequent quarters – with a limited impact on the full-year economic growth.
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Synthetic Paper Market Trends & Drivers
The synthetic paper market research report has a detailed analysis on the key drivers, trends, and challenges, which will help vendors in making important business decisions and modifications to cater to the changing consumer demand. While it is essential to capitalize on key drivers such as high demand from beverage industry, it is also crucial to understand the challenges that will impede sales during the forecast period. Identifying and addressing market growth challenges will create additional opportunities for the existing and new market players.
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The synthetic paper market has also explored key trends such as , which will have a significant positive impact on the market growth over the forecast period. A thorough study of the market trends will enable vendors to understand demographics effectively, which can be used to further product and service innovation.
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Synthetic Paper Market: Segmentation Analysis
This market research report segments the synthetic paper market by Material (BOPP, HDPE, and Others) and Geography (US, Canada, and Rest of Americas).
The US region led the synthetic paper market in 2021, followed by Canada and Rest of Americas respectively. During the forecast period, the US region is expected to register the highest incremental growth due to factors such as .
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A few of the key topics covered in the report include:
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
Vendors covered
Vendor classification
Market positioning of vendors
Competitive scenario