India Synthetic Paper Market (2025-2031) Outlook | Trends, Value, Share, Forecast, Revenue, Size, Analysis, Industry, Growth & Companies

Market Forecast By Raw Material (BOPP, HDPE, PET, PVC), By Application (Printing, Labels & Tags, Packaging), By End Use Industry (Industrial, Institutional, Commercial/Retail) And Competitive Landscape
Product Code: ETC4503745 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Synthetic Paper Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s synthetic paper import market in 2024 continued to be dominated by top exporting countries such as China, Vietnam, Italy, USA, and South Korea. The market displayed a very high concentration with a notable Herfindahl-Hirschman Index (HHI) in 2024. Despite a commendable compound annual growth rate (CAGR) of 24.41% from 2020 to 2024, there was a dip in the growth rate from 2023 to 2024, recording a decrease of -20.73%. This data suggests a dynamic landscape in the Indian synthetic paper import sector, influenced by both internal and external factors.

India Synthetic Paper Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India Synthetic Paper Market Overview

Synthetic paper is an eco-friendly alternative to traditional paper, offering durability and moisture resistance. The India synthetic paper market is witnessing growth as businesses seek sustainable packaging solutions and labels. This market is set to thrive as environmental awareness continues to drive demand.

Drivers of the Market

The India synthetic paper market is being propelled by the surge in demand for sustainable and eco-friendly packaging materials. Synthetic paper is a durable, waterproof, and tear-resistant alternative to traditional paper, which appeals to various industries like packaging, labels, and commercial printing. Additionally, the growing e-commerce sector has increased the need for durable packaging materials.

Challenges of the Market

In the India Synthetic Paper Market, challenges include the need for material innovation and cost-effectiveness. Developing synthetic papers with improved durability, printability, and sustainability attributes can be complex. The market also faces challenges related to educating businesses and consumers about the benefits of synthetic paper over traditional pulp-based paper. Additionally, price competition from traditional paper products can be a hurdle, especially in cost-sensitive industries.

COVID-19 Impact on the Market

The India Synthetic Paper market faced disruptions during the pandemic, particularly in the packaging and printing sectors. As these industries stabilize and demand for eco-friendly materials increases, the market is likely to rebound.

Key Players in the Market

The synthetic paper market in India sees contributions from major players such as PPG Industries, Arjobex, Seiko Epson Corporation, and Yupo Corporation.

Key Highlights of the Report:

  • India Synthetic Paper Market Outlook
  • Market Size of India Synthetic Paper Market, 2024
  • Forecast of India Synthetic Paper Market, 2031
  • Historical Data and Forecast of India Synthetic Paper Revenues & Volume for the Period 2021-2031
  • India Synthetic Paper Market Trend Evolution
  • India Synthetic Paper Market Drivers and Challenges
  • India Synthetic Paper Price Trends
  • India Synthetic Paper Porter's Five Forces
  • India Synthetic Paper Industry Life Cycle
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By Raw Material for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By BOPP for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By HDPE for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By PET for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By PVC for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By Printing for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By Labels & Tags for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By Packaging for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By End Use Industry for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By Institutional for the Period 2021-2031
  • Historical Data and Forecast of India Synthetic Paper Market Revenues & Volume By Commercial/Retail for the Period 2021-2031
  • India Synthetic Paper Import Export Trade Statistics
  • Market Opportunity Assessment By Raw Material
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End Use Industry
  • India Synthetic Paper Top Companies Market Share
  • India Synthetic Paper Competitive Benchmarking By Technical and Operational Parameters
  • India Synthetic Paper Company Profiles
  • India Synthetic Paper Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Synthetic Paper Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Synthetic Paper Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Synthetic Paper Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Synthetic Paper Market Revenues & Volume, 2021 & 2031F

3.3 India Synthetic Paper Market - Industry Life Cycle

3.4 India Synthetic Paper Market - Porter's Five Forces

3.5 India Synthetic Paper Market Revenues & Volume Share, By Raw Material, 2021 & 2031F

3.6 India Synthetic Paper Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India Synthetic Paper Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F

4 India Synthetic Paper Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for eco-friendly and sustainable packaging solutions

4.2.2 Growth in the e-commerce industry leading to higher demand for packaging materials

4.2.3 Technological advancements in synthetic paper production processes

4.3 Market Restraints

4.3.1 High initial investment costs for setting up synthetic paper manufacturing facilities

4.3.2 Competition from traditional paper products

4.3.3 Fluctuating prices of raw materials used in synthetic paper production

5 India Synthetic Paper Market Trends

6 India Synthetic Paper Market, By Types

6.1 India Synthetic Paper Market, By Raw Material

6.1.1 Overview and Analysis

6.1.2 India Synthetic Paper Market Revenues & Volume, By Raw Material, 2021-2031F

6.1.3 India Synthetic Paper Market Revenues & Volume, By BOPP, 2021-2031F

6.1.4 India Synthetic Paper Market Revenues & Volume, By HDPE, 2021-2031F

6.1.5 India Synthetic Paper Market Revenues & Volume, By PET, 2021-2031F

6.1.6 India Synthetic Paper Market Revenues & Volume, By PVC, 2021-2031F

6.2 India Synthetic Paper Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Synthetic Paper Market Revenues & Volume, By Printing, 2021-2031F

6.2.3 India Synthetic Paper Market Revenues & Volume, By Labels & Tags, 2021-2031F

6.2.4 India Synthetic Paper Market Revenues & Volume, By Packaging, 2021-2031F

6.3 India Synthetic Paper Market, By End Use Industry

6.3.1 Overview and Analysis

6.3.2 India Synthetic Paper Market Revenues & Volume, By Industrial, 2021-2031F

6.3.3 India Synthetic Paper Market Revenues & Volume, By Institutional, 2021-2031F

6.3.4 India Synthetic Paper Market Revenues & Volume, By Commercial/Retail, 2021-2031F

7 India Synthetic Paper Market Import-Export Trade Statistics

7.1 India Synthetic Paper Market Export to Major Countries

7.2 India Synthetic Paper Market Imports from Major Countries

8 India Synthetic Paper Market Key Performance Indicators

8.1 Adoption rate of synthetic paper in different industries

8.2 Investment in research and development for synthetic paper technology

8.3 Environmental impact assessment of synthetic paper production and usage

9 India Synthetic Paper Market - Opportunity Assessment

9.1 India Synthetic Paper Market Opportunity Assessment, By Raw Material, 2021 & 2031F

9.2 India Synthetic Paper Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India Synthetic Paper Market Opportunity Assessment, By End Use Industry, 2021 & 2031F

10 India Synthetic Paper Market - Competitive Landscape

10.1 India Synthetic Paper Market Revenue Share, By Companies, 2024

10.2 India Synthetic Paper Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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