Paper Making Machine Market By Headboxes Type (Multilayer, Air Padded), By Operation (Semi – automatic, Fully automatic), By Machine Type (Specialty paper machine, Graphic paper machine, Packaging paper machine, Tissue Paper Making Machines, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global paper making machine market was valued at $20,360.8 million in 2021, and is projected to reach $32,267.3 million by 2031, registering a CAGR of 4.6% from 2022 to 2031. Paper making machine is an industrial machine, which is used to manufacture different types of paper in large quantities at high speed in paper and pulp industry. Increase in economic and ecological advantages by paper and pulp manufacturers and rise in demand for paper in the packaging industry are the major factors driving the growth of the paper making machine market. Moreover, rise in demand for paper making by using different types of materials such as cloth and cotton for reducing deforestation, is expected to propel the demand for the paper machine market during the forecast period.
Major players are adopting product launch and acquisition as their key developmental strategies to improve the machine portfolio of the paper making machine market. For instance, in June 2021, Andritz launched two new high speed tissue machines with a design speed of 2,200 m/min for high production capacity. This is expected to improve the product portfolio of the company.
The global paper making machine market is segmented on the basis of headboxes type, machine type, operation and region. On the basis of headboxes type, the market is segmented into multilayer and air padded. In 2021, the multilayer segment accounted for the largest share of 81% of the overall paper making machine market.
Based on machine type, the paper making machine market is segmented into specialty paper making machine, graphic paper making machine, packaging paper machine, tissue paper making machine and others. The specialty paper making machine segment held the largest market share of 31% in 2021. On the basis of operation, the market is categorized into semi-automatic and fully automatic. The fully automatic segment held the largest market share of 77% of the paper making machine market in 2021.
Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The COVID-19 pandemic forced many companies in the global paper making machine market to halt business operations for a short term to comply with new government regulations to curb the spread of the disease. This halt in operations directly impacts revenue flow of the global paper making machine market. In addition, there is a halt in manufacturing of industrial machines, owing to lack of raw materials and manpower in the lockdown period. Further, no new consignments have been received by companies that operate in this sector. Hence, halt in industrial activities and lockdowns for several months has affected the global paper making machine market and the market is anticipated to witness a slow recovery during the forecast period.
The key players profiled in the paper making machine market report include Voith, Bellmer, Cellwood, Andritz, Toscotec, A. Cellie, OverMade Srl, Ihi corporation, Valmet, kawanoe zoki co., ltd, Nsk ltd, parason, Cnbm, Allimand, Kadant Inc., Recard SPA, Georgia-Pacific Corporation.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging global paper making machine market trends and dynamics.
The paper making machine market analysis is conducted by the estimations for the key market segments between 2021 and 2031.
Extensive analysis of the global paper making machine market is conducted by following key machine positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global paper making machine market forecast analysis from 2022 to 2031 is included in the report.
The key market players within market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global paper making machine market.
Key Market Segments
By Headboxes Type
Multilayer
Air Padded
By Operation
Semi – automatic
Fully automatic
By Machine Type
Specialty paper machine
Graphic paper machine
Packaging paper machine
Tissue Paper Making Machines
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
voith gmbh
bellmer
Cellwood
Andritz
toscotec s.p.a.
a.celli group
OverMade Srl
ihi corporation
Valmet
Kawanoe Zoki Co, Ltd
NSK Ltd.
parsons
CNBM
allimand
Kadant Inc.
Recard Spa
Georgia-Pacific Corporation
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