Press release
Rising Demand Food And Beverage Fuel Growth In The Paper Drying Systems Market: A Key Catalyst Accelerating Paper Drying Systems Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Paper Drying Systems Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the course of recent years, the size of the paper drying systems market has seen consistent expansion. The market value will increase from $5.69 billion in 2024 to $5.94 billion in 2025, resulting in a compound annual growth rate (CAGR) of 4.4%. The increased growth during the historical period is due to the expansion in the paper and pulp sector, coupled with stringent environmental rules and regulations.
Paper Drying Systems Market Size Forecast: What's the Projected Valuation by 2029?
The market size of paper drying systems is anticipated to experience consistent expansion in the upcoming years, with projections of hitting a value of $7.21 billion in 2029 at a 4.9% Compound Annual Growth Rate (CAGR). This projected growth during the forecast period can be linked to green manufacturing practices, heightened attention to energy efficiency, and the worldwide growth of the packaging sector. The forecast period is also expected to see trends like the creation of non-contact drying methods, the implementation of microwave drying, improved tracking and diagnostics through IIOT, the use of computational fluid dynamics (CFD), an emphasis on meeting environmental standards, and technology advancements in the paper production industry.
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What Are the Drivers Transforming the Paper Drying Systems Market?
The growth of the paper drying systems market is anticipated to be driven by the escalating demand in the food and beverage industry. This industry comprises all enterprises involved in the processing, packaging, and distribution of raw food items. Paper drying systems are employed for various drying techniques in order to conserve and improve the quality of food and beverage products. For example, in 2023, the Food & Drink Federation, a UK-based body that represents and offers advice to UK food and drink manufacturers, reported that Scotland had 1,185 food and beverage manufacturing companies. In addition, food and beverage exports increased by 31% in 2022, reaching $10.18 billion (£8.1 billion). Furthermore, the turnover of food and beverages in the same year accounted for $12.5 billion (£10.3 billion), or 33% of the total manufacturing in Scotland. Consequently, the rising demand for paper drying systems in the food and beverage industry is fuelling the expansion of the paper drying systems market.
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What Trends Will Shape the Paper Drying Systems Market Through 2029 and Beyond?
Major corporations in the paper drying systems market are focusing on inventing unique strategies, such as the 'digital twin' approach, in order to maintain their position. The concept of a 'digital twin' approach involves creating a digital version of a physical product, system, or process. For example, with a 'digital twin' representation, a virtual version of the drying system is made. For example, in October 2022, Smurfit Kappa Group PLC, a paper-based packaging producer from Ireland, deployed a new drying technique in its UK paper mill. This resulted in a drop in steam energy usage by 6% and a decrease in total CO2 emissions by 5%. It is predicted that this will replace the existing energy-demanding paper drying method, widely seen as the highest energy-consuming part of paper production. Moreover, the innovative process aims to cut expenses and achieve a target of net-zero emissions.
Which Segments in the Paper Drying Systems Market Offer the Most Profit Potential?
The paper drying systemsmarket covered in this report is segmented -
1) By System Type: Blow Through Systems, Thermocompressor Based, Cascade Type, Trap Based System Drying
2) By Drying Method: Multi-Cylinder Dryers, Flakt Dryers, Steam Heated Cylinders, Single-Tier Dryers
3) By Dryer: Rolling Bed Dryers, Conduction Dryers, Convection Dryers, Air Dryers, Other Dryers
4) By Application: Paper And Pulp, Packaging, Food And Beverage, Other Applications
Subsegments:
1) By Blow Through Systems: Air Knife Systems, High-Pressure Air Systems
2) By Thermocompressor Based: Steam Thermocompressors, Heat Recovery Thermocompressors
3) By Cascade Type: Two-Stage Cascade Systems, Multi-Stage Cascade Systems
4) By Trap Based System Drying: Vacuum Trap Systems, Condensate Trap Systems
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Which Firms Dominate the Paper Drying Systems Market by Market Share and Revenue in 2025?
Major companies operating in the paper drying systems market report are Andritz AG, GEA Process Engineering Inc., Valmet, Alfa Laval AB, Voith GmbH, Dürr Systems Inc., Kadant Inc., ABK Groupe, A.Celli Paper S.p.A., Industrial Kiln & Dryer Group, FEECO International Inc., Shandong Tianli Energy Co. Ltd., Carrier Vibrating Equipment Inc., Komline-Sanderson Corporation, HEDRICH Group, Allimand SA, Vulcan Drying Systems, R-V Industries Inc., CPM Wolverine Proctor LLC, Marsden Inc., Forbes Marshall Ltd., Ircon Drying Systems AB, Basque Paper Consortium. A.I.E, BHS Corrugated Maschinen- und Anlagenbau GmbH, Stela Laxhuber GmbH
Which Regions Offer the Highest Growth Potential in the Paper Drying Systems Market?
North America was the largest region in the Paper Drying Systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the paper drying systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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