Global Paper Finishing Machines Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Paper Finishing Machines Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Finishing: post-press processes that happen to a document after it has left the press or printer. The finishing operations could include bindery work, such as folding, trimming, binding, die-cutting, inserting, or any post press process that must be completed.

Market Overview:

The latest research study on the global Paper Finishing Machines market finds that the global Paper Finishing Machines market reached a value of USD 3584.23 million in 2022. It’s expected that the market will achieve USD 4223.0 million by 2028, exhibiting a CAGR of 2.77% during the forecast period.

Affect the normal operation of the industry

The raging COVID-19 plunged the global economic environment into depression. The impact of COVID-19 on the paper finishing machines industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The government has also put forward higher requirements for the production and operation of enterprises.

In the short term, from the supply side, the company's operating pressure will increase due to postponement of workers' arrival and logistics and transportation issues. In the long run, as the epidemic gradually improves or ends, the impact on the paper finishing machines industry will gradually weaken. Production and sales will return to the original level and gradually increase.

Logistics

Due to the epidemic situation, many countries have imposed controls on domestic transportation and the movement of people, and imposed restrictions on imported goods. This has led to various levels of logistics disruption, cargo accumulation and transportation delays. At present, the logistics industry in various countries is gradually recovering operations according to different national policies. It is expected that after the epidemic is further controlled, it will basically return to normal.

Strength

In recent years, due to factors such as rapid urbanization, changes in lifestyles, the use of mobile phones, and the widespread use of mobile commerce, online food orders have increased significantly. The increase in online food ordering has increased the demand for paper packaging for food delivery and takeaway. This has led to the increasing use of paper finishing machines in the food industry.

Many countries around the world have started prohibiting the use of plastic products. For instance, in January 2017, the Government of New Delhi banned the use of all disposable plastics in the city. Such restrictions on the use of plastic will drive the demand for alternative eco-friendly products such as paper.

The market registers a higher production of processed paper and cardboard, as cardboard boxes are replacing wooden boxes for the transportation of components and mail orders.

Weakness

The initial cost of the industrial paper cutting machines and other equipment is a restraint impeding the growth of the paper finishing machines market.

Affected by economic development and changes in regional policies, fluctuations in raw material prices and rising labor costs will be detrimental to the development of the industry.

Opportunities

Laser cutting employs high-powered solid state or CO2 lasers to vaporise material in the beam path. Spot size can be altered and the power can be adjusted to fully cut, kiss-cut or score a paper, film, or board substrate. This eliminates the need for mechanical dies, as the shape is defined digitally.

In recent years, Suppliers stress the benefits of laser systems in eliminating tools and reducing set-up costs translating into savings in changeover time, labour and waste. After the initial learning curve, systems are flexible and easy to use. Furthermore, there are advantages that are impossible using a fixed dies, such as varying the shape or perforation effects on each separate product.

Threat

The electronicization of books and newspapers has accelerated significantly, leading to a decline in the market demand for paper books and newspapers, which in turn led to a shrinking market demand for Paper Finishing Machines, and the company faced intensified market competition.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

Baumfolder Corporation is one of the major players operating in the Paper Finishing Machines market, holding a share of 0.43% in 2023.

Baumfolder Corporation

Baumfolder Corporation is a leading solution provider for order fulfillment, post-press bindery, paper-folding, and mailing equipment since 1917. Its material handling equipment feeders can feed books to cardboard and even diapers, they offer innovative solutions to multiple applications in graphics arts, packaging, mailing and other industries. Baumfolder contract manufacturing service capabilities includes skills to provide High end assembly services at low cost solutions prices.

Bobst

Bobst is one of the world’s leading suppliers of substrate processing, printing and converting equipment and services for the label, flexible packaging, folding carton and corrugated industries.

Segmentation Overview:

Among different product types, Cutting and Trimming segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Packaging and Labels segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Paper Finishing Machines market covered in Chapter 3:

Muller Martini
Schmedt GmbH & Co. KG
Highcon Systems Ltd.
JMD Group
Bobst
Horizon International Inc.
MB Bäuerle GmbH
Baumfolder Corporation
Kolbus GmbH & Co. KG
Spiel Associates, Inc.
Watkiss Automation
Duplo Corporation
MBM Corporation
Hunkeler AG
C.P. Bourg
Petratto S.r.l.
General Binding Corporation (GBC)
GUK
Guowang Machinery
Komfi spol. s r.o.
Plockmatic International AB
Masterwork Group
POLAR Mohr
BW Papersystems
MBO Postpress Solutions GmbH
Böwe Systec
Koenig & Bauer

In Chapter 4 and Chapter 14.2, on the basis of types, the Paper Finishing Machines market from 2018 to 2029 is primarily split into:

Cutting and Trimming
Creasing and Folding
Numbering, Perforating & Scoring
Binding
Laminating and Coating

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Paper Finishing Machines market from 2018 to 2029 covers:

Packaging and Labels
Advertising
Commercial
Magazine
Books
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)