Tissue Paper Converting Machines Market Report Overview
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The global tissue paper converting machines market size was USD 1309.2 million in 2022 and is projected to touch USD 1962.49 million by 2031 at a CAGR of 4.6% during the forecast period.
A tissue paper converting machine is a device or an equipment that folds paper napkins with the help of vacuum. They make tissues with the help of a folding head which is made up of a couple of rotating steel cylinders. These steel cylinders have folding clamps and they are called as mechanical folders.
Day by day new innovations and changes are being witnessed in the market. The growth of the industry can be attributed to these advancements and innovations. Many small companies are opting to purchase this product which has in turn increased the demand for the product. This can be identified as the latest trend in the market.
Many reasons have helped in the robust development of the tissue paper converting machines market over the past few decades. Tissues are used on a large-scale in hotels, and restaurants. The introduction of advanced tissue paper converting machines with automated services has been a new development in the market. All these factors have resulted in the global tissue paper converting machines market share.
COVID-19 impact: Increase in The Demand for The Product Enhanced the Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The pandemic of COVID-19 resulted in the loss of livelihood of many people and industries. A lot of products lost their market presence due to very low demand during the pandemic period. However, the tissue paper converting machines market share saw a spike during the pandemic.
The precautions taken by people to maintain cleanliness and hygiene led to the high usage of tissue papers and even toilet paper rolls. Tissues were used in households, hospitals, and in every place. This became a major advantage for the market growth.
LATEST TRENDS
"The Rise in Demand for The Product from Start-Ups to Increase the Market Growth"
Recently there has been a lot of demand for the product especially from start-ups, small-scale business as well as medium-scale business. Many small companies are opting to purchase this product which has in turn increased the demand for the product.
Tissue paper converting machines are affordable and can be easily purchased with a low budget. Small businesses have low production capacity and this equipment can be very suitable to match their production capacity. Also, the increase in demand for toilet roll converting machines will positively influence the market growth. This is identified as the latest trend.
Tissue Paper Converting Machines Market Segmentation
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- By Type:
The market can be divided on the basis of type into the following segments:
Toilet rolls lines, kitchen rolls lines, paper napkin lines, tissue fold, lines, and, standalone system. The toilet rolls segment is anticipated to dominate the market during the forecast period.
- By Application:
Classification based on application into the following segment:
Fully automatic, and, semi-automatic. The fully automatic segment is predicted to dominate the market during the research period.
DRIVING FACTORS
"Rise in the Number of Hotels and Restaurants to Fasten the Market Growth"
After the pandemic period the number of hotels, lodges, and, restaurants have seen a drastic increase. The growing tourism market is also complementing the growth f the hotel industry. This in turn is fueling the global tissue paper converting machines market growth.
Tissues are used on a large-scale in hotels, and restaurants. Toilet rolls are also used in lodges and hotels. Apart from this the growing awareness among people to maintain cleanliness has further increased the scope of the market. Both these factors have created a good growth opportunity for the market.
"Incorporation of Technology in The Usage of Tissue Papers to Propel Market Growth "
When a product gets a touch of technology the demand for it automatically accelerates. Incorporation of technology will increase the efficiency and accuracy of the performance of any product. Some of the new developments that can observed in the market is introduction and usage of vacuum systems.
Vacuum systems include suction boxes, as well as suction roles that help in easily taking out the tissue papers. The introduction of advanced tissue paper converting machines with automated services has been a new development in the market. The new products introduced in the market are increasing the scope of tissue paper converting machines.
RESTRAINING FACTOR
"Harmful Effects of Tissue Paper on The Environment to Decrease the Market Growth"
In spite of the growing demand for tissue papers, the environment concerns brought up by it can become a major factor restraining the market growth. Tissues are made up of paper like material that is obtained from the pulp of a tree. To obtain this, trees have to be cut down. This results in deforestation which can further lead to many other consequences.
Another factor that can hamper the market growth is the increasing usage and preference towards hand drier machines. Hand drier machines are used in malls, complexes, and many other places. This can be a major factor restraining the market growth.
Tissue Paper Converting Machines Market Regional Insights
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"North America to Dominate Market Share in The Upcoming Years"
North America is a region that is predicted to dominate the market during the forecast period. It occupies more than one-fourth of the market share. Many reasons have contributed to the growth of the global tissue paper converting machines market in North America.
The rising awareness of hygiene and cleanliness among people in this region has propelled the market growth. The highly advanced automated tissue machines are very popular in this region. The number of hotels, lodges, and restaurants have increased owing to the flourishing tourism industry. These factors have created lucrative growth opportunities for the market.
Key Industry Players
"Leading Players adopt Acquisition Strategies to Stay Competitive "
Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.
List of Market Players Profiled
- Fabio Perini S.p.A. (Italy)
- Bretting Manufacturing (U.S.)
- PCMC (India)
- BaoSuo Paper Machinery (China)
- A.Celli Group (U.K.)
Report Coverage
The report provides insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with regional insights. Market dynamic forces during the forecast period have also been discussed for a better understanding of the market situations
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 1309.2 Million in 2022 |
Market Size Value By |
US$ 1962.49 Million by 2031 |
Growth Rate |
CAGR of 4.6% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Type and Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the global tissue paper converting machines market expected to touch by 2031?
The global tissue paper converting machines market is projected and estimated to touch USD 17148 million by 2031.
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What CAGR is the tissue paper converting machines market expected to exhibit by 2031?
The tissue paper converting machines market is expected to exhibit a CAGR of 4.6% by 2031.
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Which are the driving factors of the tissue paper converting machines market?
Tissues are used on a large-scale in hotels, and restaurants. The introduction of advanced tissue paper converting machines with automated services has been a new development in the market. All these factors have resulted in the global tissue paper converting machines market growth.
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Which are the top companies operating in the tissue paper converting machines market?
Fabio Perini S.p.A., Bretting Manufacturing, PCMC, and, BaoSuo Paper Machinery the top companies operating in the tissue paper converting machines market.