Increasing demand for tissue papers is resulting into rise in demand for tissue paper converting machine. Future Market Insights has developed a report on expansion of global tissue paper converting machines market. A reporter from FMI has fielded several questions on the basis of presumptive growth of global tissue paper converting machines market.
What is your take on the expansion of global tissue paper machines market?
Well, according to statistics provided by FMI, the global market is likely to witness expansion at 5% CAGR during 2017-2027. The global market is poised to reach valuation of over US$ 1900 Mn by the end of 2027, up from US$ 1123 Mn in 2016.
What are the trends propelling demand for tissue paper converting machines?
Improvements in rewinding technology to improve the speed of tissue paper conversion as well as reduction in waste, and shift towards customized machines over standard solutions are key trends fueling growth of the global market. Additionally, increasing implementation of data exchange technologies to incorporate high automation levels have further propelled demand for tissue paper converting machines.
What are the segments of the market on the basis of system, which is the leading segment?
Kitchen roll lines, toilet roll lines, paper napkin lines, tissue fold lines as well as standalone systems are segments of tissue paper converting machines market on the basis of system type. Among these, toilet paper rolls procure over half share of the global market. The standalone segment accounts for 6.6% market share and 10% market share in terms of value and volume respectively.
Based on operation type, what are the segments of the global market, why semi-automated machines are preferred more?
Based on type of operations, the global market has been segmented into semi-automatic and fully automatic machines. Owing to minimum capital investment, the semi-automatic machines market procures 10% share of the global market. All paper napkin and folded tissues converting machines are automatic. On the other hand, kitchen rolls and toilet rolls converting machines have wide variations in automation.
Why APEJ region is foreseen as fastest growing region in coming years?
Europe and China are observed as the dominating regions in the global tissue paper converting machines market. Further, China is expected to increase its market share in foreseeable future. Rising demand for tissue papers in emerging economies in APEJ region is the key reason for the fastest expansion of APEJ region. Entire APAC region is full of large as well as small manufacturers of tissue papers, whereas North America consists of very minimum number of manufacturers.
What are the prominent players operating in the global market?
Fabio Perini S.p.A., Wangda Industrial Co., Limited, Paper Converting Machine Company Italia S.p.A., Kawanoe Zoki Co., Ltd., Gambini S.p.A, Mtorres Disenos Industriales Sau, A.Celli Group, Futura S.p.A., United Converting S.R.L., BaoSuo Paper Machinery Manufacture Co., Ltd., Dechangyu Paper Machinery Manufacture Co., Ltd., C.G. Bretting Manufacturing Co. Inc., and Omet S.R.L. are several leading players operating in the global market. However, Zambak Kagit San.Ve Tic.Ltd.Sti., Chan Li Machinery Co., Ltd., Unimax Group Engineering & Development Corporation, Tissue Converting D.O.O., Hinnli Co., Ltd., Maflex S.R.L., and Tissuewell S.R.L. have further consolidated their footprints in the global market.
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