The proportion of BOPP thermal synthetic paper market size varies in different regions due to differences in data sources and statistical time points. The following is a brief overview of the market share of global and Chinese BOPP thermal sensitive synthetic paper (or related BOPP materials) based on currently available information:
Global market
1.Overall scale: It is expected that the global BOPP film market will reach 23.94 billion US dollars by 2029, with a compound annual growth rate (CAGR) of 4.4% in the coming years. The global BOPP synthetic paper market is expected to reach approximately RMB 1.4 billion in 2023 and RMB 2.1 billion in 2030, with a compound annual growth rate of 5.7% from 2024 to 2030.
2.Regional distribution:
Europe is one of the main regions in the global BOPP synthetic paper market, occupying approximately 30% of the market share.
The Asia Pacific region, including China, Japan, South Korea, Taiwan, China, India, Southeast Asia and other countries or regions, is also an important market for BOPP synthetic paper.
North America (the United States and Canada), Latin America (Mexico, Brazil and other countries), the Middle East and Africa (Türkiye, Saudi Arabia and other countries) and other regions also have a certain market share.
Chinese market
1.Industry scale: In recent years, China's BOPP synthetic paper industry has shown a rapid development trend and has become the world's largest BOPP synthetic paper production base. With the increasing awareness of environmental protection and the transformation and upgrading of the printing and packaging industry, the demand for BOPP synthetic paper market continues to grow.
2.Market structure: In the Chinese market, BOPP synthetic paper is widely used in packaging, printing, electronics, medical and other fields. Among them, the packaging industry is the main consumer area of BOPP synthetic paper, accounting for over 60%. In addition, with the rapid development of the electronics and medical industries, the application of BOPP synthetic paper in these fields is also increasing.
3.Market size: In recent years, the market size of BOPP synthetic paper in China has continued to expand. According to market research data, the market size exceeded 100 billion yuan in 2019 and is expected to continue growing at a compound annual growth rate of over 8% in the coming years. By 2025, the overall market size of the industry is expected to reach over 150 billion yuan.
It should be noted that due to differences in statistical methods and data sources, there may be certain differences in the proportion of BOPP thermal synthetic paper market size in different regions. Therefore, when obtaining specific data, attention should be paid to the authority and accuracy of the data source. Meanwhile, with the development and changes of the market, the proportion of each region may also undergo corresponding adjustments.