Synthetic Paper Market to Grow at 6.63 CAGR through 2020
Print this Article | Send to Colleague
Research and Markets, Dublin, Ireland, has added the Global Synthetic Paper Market 2016-2020 report to its offering. The report forecasts the global synthetic paper market to grow at a CAGR of 6.63% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The rising internet penetration and the increasing trend of online buying will boost the global synthetic paper market during the forecast period. More than 40% of the global population has internet access, and the percentage is increasing rapidly, giving more people access to online shopping.
According to the report, during the forecast period, the demand from different segments of the beverages industry such as milk, juices, and water will be the key driver of the HDPE synthetic paper packaging market. Vendors use eye-catching labels in beverage packaging to make the products stand out. Beverage labeling solutions with sophisticated decorations in alcoholic beverages and high-end soda bottles stand out on retail shelves.
