Woodworking And Paper Machinery Market Trends, Market Share, Size, Growth Status And Forecast To 2033

The new report published by The Business Research Company, titled Woodworking And Paper Machinery Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the woodworking and paper machinery market size has grown strongly in recent years. It will grow from $42.3 billion in 2023 to $46.24 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The woodworking and paper machinery market size is expected to see strong growth in the next few years. It will grow to $64.34 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=2876&type=smp

E-Commerce Expansion Fuels Growth In The Woodworking And Paper Machinery Market
The expanding e-commerce industry is expected to propel the growth of the woodworking and paper machinery market going forward. E-commerce refers to the buying and selling of goods and services over the internet. The rise of e-commerce has increased demand for packaging materials, including cardboard and corrugated paper, which drives the need for paper machinery used in packaging production. For instance, in August 2023, according to a report published by the U.S. Census Bureau, a US-based government agency, U.S. retail e-commerce sales for the second quarter of 2023 reached an estimated $277.6 billion, reflecting a 2.1% rise compared to the first quarter of the same year. Therefore, the rapid growth in e-commerce is driving the growth of the woodworking and paper machinery market.

Innovative Kraftliner Machines Drives Advancements
Major companies operating in the woodworking and paper machinery markets are developing innovative products, such as kraftliner machines, to enhance their product offerings. A kraftliner machine is an industrial device used in paper manufacturing to produce high strength kraftliner paper, commonly employed in packaging, particularly for corrugated boxes. For instance, in April 2023, the Voith Group, a Germany-based technology company specializing in papermaking machinery, launched the world's largest kraftline machine for SCA (a Swedish forest industry company). The machine features a design speed of 1,400 meters per minute and a wire width of 10,200 mm. The Voith XcelLine paper machine will produce 725,000 tons of high-quality kraftliner per year with basis weights between 100 and 200 gsm. The new machine increases SCA's production capacity by 270,000 tons. The highly efficient solutions reduce resource consumption and enable maximum productivity with the lowest overall production costs.

The woodworking and paper machinery market covered in this report is segmented -

1) By Type: Paper Industry Machinery, Woodworking Machinery
2) By Machine Type: Forming Machines, Pressing Machines, Drying Machines, Sizer Machines, Other Machine Types
3) By Operation: Autonomous, Semi-autonomous, Manual
4) By Capacity: Small, Medium, Large

Subsegments Covered: Pulp Making Machinery, Paper And Paperboard Making Machinery, Paper And Paperboard Converting Machinery, Other Paper Industry Machinery

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=2876&type=discount

Major companies operating in the woodworking and paper machinery market include Mitsubishi Heavy Industries Ltd., Bobst Group SA, Tere*x Corporation, Dream International Limited, Adidas AG, Integrity Toys Inc., JAKKS Pacific Inc., LEGO Group, Homag, SCM Group, Biesse Group, IMA Schelling, Stanley Black & Decker Inc., JPW Industries, Felder Group, Altendorf GmbH, Martin Woodworking Machines Corp., Stiles Machinery Inc., Weinig Holz-Her USA, Greenply Industries, Shobha Industries Private Limited, ConInfra Machinery, S. L. Paper Machines LLP, Parason Machinery Pvt. Ltd., Klabin S.A., Greenlam Industries.

Contents of the report:
1. Executive Summary
2. Woodworking And Paper Machinery Market Report Structure
3. Woodworking And Paper Machinery Market Trends And Strategies
4. Woodworking And Paper Machinery Market - Macro Economic Scenario
5. Woodworking And Paper Machinery Market Size And Growth
…..
27. Woodworking And Paper Machinery Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/woodworking-and-paper-machinery-global-market-report

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.