Projected Expansion: Tissue Paper Converting Machinery Market Set to Grow 1.3 Times its Current Value, Surpassing US$ 1.5 Billion in Sales by 2026

At a CAGR of 4.9% from 2022 to 2026, the market for tissue paper converting machines is projected to grow from an estimated US$ 1.6 billion in 2022 to US$ 1.9 billion by 2026.

The tissue paper converting machinery market is predicted by FMI to generate an additional opportunity worth US$ 406.5 Mn during the forecast period.

By 2021, the tissue paper converting machinery industry would generate sales of more than US$ 1.5 billion, according to FMI. By the end of the forecast period in 2026, the market for tissue paper conversion equipment is projected to grow by 1.3 times its present value.

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In 2018, Gambini launched AirMill, the innovative technology that enhances embossing technology and transformed conventional tissue paper into increasing volume and good absorbency without compromising its tensile strength. Consumer proclivity for soft and high-absorption quality tissue paper, combined with good strength and compact format, will also continue to provide a fillip to the sales of tissue paper converting machines in 2019 and beyond.

Companies Investing Heavily in Capacity Expansion of Tissue Paper Products

As per FMI analysis, the consumption of tissue paper in last three years has rapidly increased owing to the growing concern around hygiene maintenance. As tissue paper is used for one time only, it helps to prevent chronic disease spread. This creates a huge opportunity for tissue paper key players. The tissue paper manufacturers have started investing in capacity expansion and quality management.

On 27 November 2018, Cascade Inc. invested US$ 58 million to modernize tissue converting capacity at its Wagram, NC plant.

In 2018, Metsa Tissue, replaced its old machines with an increased capacity machine having production capacity of 10,000 Tones. In order to deal with the growing demand of tissue paper in West European region, the company started new away-from-home, converting lines at its Germany plant.

Implementation of Hybrid Technology in Industries Creating New Opportunities

In order to deal with market competition, key players are laying maximum focus on developing innovative and integrated technologies of tissue paper converting machines. In 2018, Gambini S.p.A. one of the leading manufacturers of converting machineries, introduced Gambini for You (G4U) - Pilot Line along with the strategic partner AirMil. This consists of a pilot line from the unwinders to the log saw with the format 2.8m and speed up to 550 m/min. Moreover, Fabio Perini S.p.A. recently launched MyPerini, a complete range of converting and packaging line for tissue papers.

Toilet Roll Converting Machine Lines Gaining More Traction

As per FMI's study, the demand for toilet roll converting line is dominating the global market of tissue paper converting machines. The key players can skip the use of rewinding of logs using advanced toilet tissue paper converting lines. It is witness that the demand for toilet tissue paper is growing significantly in Asia Pacific and North American regions. As per the report, the global sales of toilet roll converting machines poised to reach ~2 thousand units in 2019. Following this, the demand for kitchen roll converting machines is estimated to shoot up by the end of 2027, as the European consumers have a higher demand for kitchen tissue paper in consumer and hospitality sectors.

The modern converting machines maintains the embossing and printing quality during tissue paper formatting. The sales of folded tissue paper converting machine lines will continue to remain less, reveals the FMI study. Owing to an increasing preference of pocket tissue papers, the demand for paper napkin converting machines is expected to be bearish during 2019-2027. The market share for standalone machines will remain constant due to increasing preference of integrated technology based machineries.

This study underlines key opportunities in the tissue paper converting machines market and finds that the market would exhibit growth at a value CAGR of ~5% during the forecast period, 2019-2027. 

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Future Market Insights (ESOMAR-certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

Tissue Paper Converting Machines Market by Category

By System Type:

Toilet Roll Converting Lines
Consumer
Away From Home
Kitchen Roll Converting Lines
Consumer
Away From Home
Folded Tissue Converting Line
Consumer
Away From Home
Paper Napkin Converting Lines
Standalone

By Operation Type:

Automatic
Semi-Automatic

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Key Benefits

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the Tissue Paper Converting Machines market analysis from 2022 to 2026 to identify the prevailing Tissue Paper Converting Machines market opportunities.
Market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
An in-depth analysis of the Tissue Paper Converting Machines market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes an analysis of the regional as well as global Tissue Paper Converting Machines market trends, key players, market segments, application areas, and market growth strategies.

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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

This release was published on openPR.