An industrial equipment to processes raw material and manufacture tissue paper rolls is being highly practiced in several companies across the globe. The increasing demand for single-use disposable tissue paper has led to boost demand for tissue paper converting machine at rapid pace. This is mainly attributed to the rising global urban population which is the main consumers of tissue paper. Thereby, anticipates to have positive impact on the market growth avenues in the near future.
According to a report by Future Market Insights, the global tissue paper converting machine market is anticipated to be valued at US$ 1,123.8 Mn in 2016 and estimated to reach US$ 1,912.6 Mn by the end of 2027. The market is expected to register a CAGR of 5.0% during the forecast period 2017 – 2027. Several manufacturers are expected to invest heavily in new machineries in order to strengthen company’s brand image along with integration on innovative technologies in product development.
What are the dynamic factors to drive tissue paper converting machine market?
- Growing urban population
- Adoption of innovative rewinding technologies in developing tissue paper conversion and reduction in waste
- Increasing incorporation of automation level with the growing implementation of data exchange technologies
- Growing preference for customized tissue paper converting machine over standard solution
- Prevailing low end machine with low capacity levels in emerging market
However, sluggish acceptance of hygienic solution coupled with other economical alternatives available in the market are expected to restrain the market growth during the forecast period.
Which type of tissue paper converting machine is anticipated to remain prevalent in demand during the forecast period?
Tissue paper converting machine are primarily found in two types based on its automation level. This includes fully automatic and semi-automatic tissue paper converting machines. Among these, fully automatic ones are expected to remain prevalent. Paper napkin converting line and folded tissues converting lines operate mostly on automatic lines which account for majority of value share. Whereas, on the account of low capital investment competency of small or local tissue paper products makers, semi-automatic tissue paper converting machine account for nearly 10% of the overall global market share.
Where can market players foresee high level of profitability margin?
A wide variety of tissue paper converting lines is available in the market based on its usage where kitchen rolls, paper napkin, toilet rolls and standalone system are among others. With the ever-increasing demands hygienic solutions in both developed and emerging economies, toilet paper rolls are expected to hold maximum value share of the total market where 80% is comprised of consumer’s market. Tissue paper converting machine sales for toilet rolls is expected to reach 1,500 units in 2017 and projected to reach more than 2,700 by the end of 2027.
What is the future scenario for tissue paper converting machine market?
Emerging economies like the Asia-Pacific excluding Japan (APEJ) and the Middle East & Africa (MEA) are expected to represent slower adoption of proper hygienic products and solutions owing to more inclination towards economic alternatives over premium product. Thereby, anticipated to witness moderate growth during the forecast period. Other developed regions like the Europe and North America are expected to attain sustaining growth in tissue paper converting machine market. With the introduction of tissue paper recycling process, the market players are highly likely to attain tremendous opportunities in these regions during the forecast period.
Several companies such as Paper Converting Machine Company Italia S.p.A., A.Celli Group, Fabio Perini S.p.A., BaoSuo Paper Machinery Manufacture Co., Zambak Kagit San.Ve Tic.Ltd.Sti., Maflex S.R.L., Chan Li Machinery Co., Ltd., Bretting Manufacturing Co. Inc. and United Converting S.R.L. are some of the key stake holders operating in the tissue paper converting machines market.
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