Paper Machinery Market Forecast and CAGR
According to latest research by Fact.MR, paper machinery market is set to witness steady growth during 2021-2031. Demand for paper machinery will witness steady recovery in short-term, with optimistic growth outlook in the long-run. Muted demand from print media industry will mean limited opportunities in near future, however, sales of paper machinery in personal care sector will provide momentum.
What is Driving Demand for Paper Machinery?
Sustainable paper making machinery and process will continue to drive the market in this new era.For instance, Valmet is propelling itself towards providing paper machinery with similar concept. High demand in packaging industry will continue to be lucrative for the paper machinery market.
In addition to this, globally e-commerce and online retail shops has contributed to rise in consumption of paperboards which is fueling the demand for paper machinery. On similar ground, advanced technologies such as through air drying (TAD), advance NTT for tissue making machines are aiming towards cost-efficient and safe & easy production.
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Demand in Healthcare Sector Likely to Augment Paper Machinery Sales
COVID-19 pandemic has deliberately impacted the manufacturing sector which adversely impacts on the growth trajectory. In spite of global crisis, few of manufacturing industries like healthcare have registered significant growth rate owing to heightened spread of virus across the globe.
Owing to rise in awareness regarding personal hygiene across the globe, market has seen a growth in demand for napkins, pharmaceutical packaging and personal care products like diapers, tissue, feminine care etc. This surge in sales resulted in positive outlook for paper machinery in these end use industries.
In addition paper machinery also find its application in food and beverages industries for food product packaging. Over the pandemic duration, the industry registered likely surge in the demand and is set to have similar trend in future. These optimistic growths are likely to fuel the market northwards for paper packaging machines.
North America and Europe Paper Machinery Market Outlook
North America and Europe are one of the largest markets for paper machinery globally. The paper machinery market is set to drive towards with few uncertainty in demand. Demand for pure paper product is likely to be muted over the forecast period. Recently North America and Europe both are leading in fight against carbon emission and making world sustainable. This step is likely to impact paper manufacturing and paper machinery market towards downturn.
Demand in paper machinery market isarising from North America and Europe which will led by personal hygiene products. Similarly, paper such as high quality coffee filter, candy bags, and tea wraps which are cost efficient and have high demand in the region is presumed to accelerate paper machinery demand in food and beverages industry.
The manufacturers in the region have focused on fewer segments. As a result in market concentration in several segments have increased. For comparison North America has seen significant growth in containerboard, uncoated wood free and coated wood free paper products. However they have experienced downfall in Tissue paper segment. North America have highly concentrated market in coated wood free products. On other hand Europe has witnessed growth in all the above mentioned segments.
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Next-Generation Bio-Products for Paper Machinery
Extensively cutting of trees for paper manufacturing contributes massively to pollution which is one of themost sever environmental concern.This distress has been revolving around the industry for long,and may set back the growth.
In recent times pulp and paper mills has experienced mixed results. This is certainly due to increase in the global digital media and internet usage. This has reduced the demand for various traditional paper products such as newspaper, magazine etc. Demand for paper machinery new equipment in printing and paper making industry is likely to face challenge over forecasted period.
Though,the demand for pure paper products may not change significantly but we are in the era where there is explosion of research activity to develop new bio-products for paper industry. Paper manufacturing primary ingredient wood, is a biomaterial with macro & Nano-fibers, and sugar molecules. These properties of wood has been in consideration by many manufacturers for producing bio products. This bio products finds application in nanofibers, composite materials, and lignin based carbon fiber.
The industry believes that wood based product will find new ways to extend its footprint in the market. Recycled products and sustainable method for producing high quality paper is likely to fuel the slow growing paper making industry.
Who are the Key Manufacturers and Suppliers of Paper Machinery?
Some of the leading manufacturers and suppliers of Paper Machinery include
- Beston Machinery Egg Tray Machine
- HOBEMA machine factory
- S. L. Paper Machines LLP
- Popp Maschinenbau GmbH
- Unique Fluid Controls
- Baosuo Paper Machinery Manufacture Co. Ltd.
- Qingdao Yidafa International trade Co Ltd.
Key manufacturers of paper machinery are aiming towards providing product which are environment friendly and contribute toachieve sustainability. Moving forward in same path, manufacturers are innovating products for maximum efficiency with minimum operating cost. One of the key manufacturer Valmet, has developed “OptiConcept M” paper machines and NTT technology for tissue manufacturing. This machine will aid in keeping cost down by decreasing energy consumption and increasing chemical efficiency.
Similar trends by manufacturers are propelling paper machinery market to grow in niche segments such as tissue manufacturing, containerboard, uncoated wood free and coated wood free paper products.
An Adaptive Approach to Modern-day Research Needs
Paper Machinery Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
By Machine Type
- Tissue Paper Machine
- Toilet Paper Machine
- A4 Making Machine
- Kraft Paper Machine
By Sheet Former Shape
- Cylinder Mould
- Oblong mesh
By Paper Width (mm)
- Below 1000
- 1000 - 2000
- 2000 - 4000
- Above 4000
- Fully Automatic
By End-use Industry
- Packaging Industry
- Pulp & Papers
- Print Media
- Food & Beverages
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
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