Global Pulp Moulding Machinery Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Pulp Moulding Machinery Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Pulp Moulding is a packaging material, typically made from recycled paperboard and/or newsprint. It is used for protective packaging or for food service trays and beverage carriers. Other typical uses are end caps, trays, plates, bowls and clamshell containers.

Market Overview:

The latest research study on the global Pulp Moulding Machinery market finds that the global Pulp Moulding Machinery market reached a value of USD 468.12 million in 2022. It’s expected that the market will achieve USD 708.92 million by 2028, exhibiting a CAGR of 7.16% during the forecast period.

Enterprise shutdown affects production plan and downstream demand The COVID-19 virus first began to erupt in China. During this period, most of the non-essential products factories in China ceased operation, including most of the pulp molding machinery companies. Most of the world's major manufacturers of pulp molding machinery are in China. COVID-19 is affecting the manufacturer's production plan. There are more than 2 million confirmed cases of COVID-19 worldwide, indicating that the epidemic has reached a severe stage. Many companies worldwide have suspended their work, and downstream demand for products may decline.

Industry chain disruption

Global intermediate products account for more than half of all commodity trade, and the global supply chain has been tightly integrated. The epidemic is affecting the pulp molding machinery industry chain. The COVID-19 epidemic has led to a slowdown in manufacturing activities, mainly manifested in parts shortage, labor disruption and traffic disruption. As the global supply chain may continue to be interrupted, the output value of the pulp molding machinery industry may also decrease.

Increased competition

During the forecast period, competition among suppliers will intensify. Suppliers will compete based on price and product quality to provide market competitive advantage. During the forecast period, we expect that with the development of downstream industries, especially the food and beverage industry, the demand for pulp molding machinery products will increase, and more and more companies will enter the pulp molding machinery market. The competition will increase.

Continuous innovation

Technological innovation will promote product innovation, so it will play an important role in promoting the market growth. In order to remain competitive in a fiercely competitive market, suppliers should develop new ideas and technologies and keep up with the latest technologies. The raw materials and product performance of pulp molding machinery products will continue to improve to meet the growing demand for downstream industries. And as global energy prices fluctuate, pulp moulding machinery manufacturers will focus on product quality improvement and energy optimization in production to gain greater market share.

Increase in downstream demand

The key factor driving the market growth is the continued growth of downstream demand. With the global population growth and rapid economic development, the food industry is booming. This has led to the rapid development of foodservice packaging-related industries. And busywork leads to a lifestyle change, and more and more people around the world are beginning to use disposable containers. These reasons have led to the growth of the pulp moulding machinery market.

Region Overview:

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

Company Overview:

Guangzhou Nanya Pulp Molding Equipm is one of the major players operating in the Pulp Moulding Machinery market, holding a share of 6.87% in 2023.

Guangzhou Nanya Pulp Molding Equipm

Established in 1994, NANYA is one of the earliest and largest manufacturers of pulp molding machines in China, and has become the world's leading supplier of pulp molding machinery.

Beston

Beston (Henan) Machinery Co., Ltd. is a global partner that provides a complete waste recycling system to convert various municipal solid wastes into value. The company's products, including waste sorting equipment, waste tire and plastic pyrolysis equipment, biomass carbonization equipment and pulp molding equipment, can bring huge benefits to investors and the environment.

Segmentation Overview:

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

Application Overview:

By application, the Food & Beverage segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Pulp Moulding Machinery market covered in Chapter 3:

PM-Group
Hsing Chung Molded Pulp
HGHY Pulp Molding Pack
BeSure Technology
Xiangtan Shuanghuan Machinery Development Co., Ltd.
Longkou City Hongrun Packing Machinery Co., Ltd.
Beston
Xiangtan ZH Pulp Molded
Dekelon Paper Making Machinery
Brødrene Hartmann
Henan Rotecho Industrial
SPM
Guangzhou Nanya Pulp Molding Equipment
EAMC
Qisheng Thermoforming Machinery
Sodaltech

In Chapter 4 and Chapter 14.2, on the basis of types, the Pulp Moulding Machinery market from 2018 to 2029 is primarily split into:

Manual
Semi-Automatic
Automatic

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Pulp Moulding Machinery market from 2018 to 2029 covers:

Food & Beverage
Automotive
Consumer Goods
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)