Press release
Global Tissue Paper Converting Machine Market to Expand at a CAGR of 5.4% will Reach $2.04 Billion By the End of 2028 | Key Players: Smurfit Kappa Group PLC, Ontrack Enterprises, Curt G Joa Inc., Solaris Paper Inc., Toscotec S.p.A.
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company presents an extensive market research report on the Tissue Paper Converting Machine Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The tissue paper converting machine market size has grown strongly in recent years. It will grow from $1.56 billion in 2023 to $1.65 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to growing hygiene awareness, population growth and urbanization, economic development and disposable income, preference for convenient and sanitary products, sustainability and eco-friendly practices..
The tissue paper converting machine market size is expected to see strong growth in the next few years. It will grow to $2.04 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to evolving consumer lifestyles, innovation in tissue product design, global health concerns, market expansion in developing regions, regulatory emphasis on hygiene standards.. Major trends in the forecast period include market demand for eco-friendly products, global expansion strategies, innovations in embossing and printing, integration of artificial intelligence (ai), focus on ergonomics and operator safety..
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Key Market Players:
Kimberly-Clark Corporation, Smurfit Kappa Group plc, Ontrack Enterprises, Curt G Joa Inc., Paper Converting Machine Company, Solaris Paper Inc, PT Pindo Deli Pulp & Paper Mills, C. G. Bretting Manufacturing Co. Inc., TORRES DISEÑOS INDUSTRIALES S.A.U, Gambini S.p.A, Toscotec S.p.A., A.Celli Group, Futura S.p.A., Winkler+Dünnebier GmbH, STAX Technologies d.o.o., Industrial Macchine Automatiche S.p.A., United Converting S.R.L., Fabio Perini S.p.A., Kawanoe Zoki Co. Ltd., Convermat Corporation, Baosuo Paper Machinery Manufacture Co. Ltd., ZAMBAK KAGIT SAN. VE TIC. LTD. STI., Omet S.R.L., Tissuewell S.R.L., Hinnli Co. Ltd, GDM SpA, OCEAN ASSOCIATE CO.LTD, Peixin International Group, 9.SEPTEMBAR - TISSUE CONVERTING, Maflex S.R.L. are prominent players in the industry.
Market Drivers:
The increasing demand for face tissues, toilet paper, and other products is expected to propel the growth of the tissue paper converting machine market in the coming future. Face tissue is a delicate paper tissue that is used as a handkerchief or to wipe the face. Toilet paper is a sanitized, soft, lightweight paper used in restrooms for personal washing after excretion. The tissue paper converting machine makes separate toilet tissue rolls and face tissues of the necessary sizes by embossing, perforating, and cutting the bigger-size paper rolls. For instance, in 2022, according to the International Trade Centre (ITC), a Switzerland-based international agency for the development of micro, small, and medium-sized enterprises, the global toilet or facial tissue stock, towel or napkin stock, and similar paper products import value increased by 28% from $4.14 billion in 2021 to $5.33 billion in 2022. Further, the US import units increased by 14% from 274,593 tons in 2021 to 321,820 tons in 2022. Therefore, increasing demand for face tissues, toilet paper, and other products drives the tissue paper converting machine market.
More Information About the Global Tissue Paper Converting Machine Market Report -
https://www.thebusinessresearchcompany.com/report/tissue-paper-converting-machine-global-market-report
Market Segments Include:
1) By System Type: Toilet Roll Converting Lines, Kitchen Rolls Converting Lines, Folded Tissue Converting Line, Paper Napkin Converting Lines, Standalone
2) By Component: Unwinds, Embossers Or Laminators Or Calendars, Rewinders, Tail sealers, Accumulators, Log Saws
3) By Application: Fully Automatic, Semi-Automatic
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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