Paper Making Machine Market Research, 2031
The global paper making machine market size was valued at $20.4 billion in 2021, and is projected to reach $32.3 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031. Paper making machine or paper machine is a modern machine used to produce various kinds of paper in huge amounts in paper and mash industry. Paper machines are the drive systems which increase the performance of the machine and deliver improved quality of the paper. The paper machine systems provide required specifications to ensure efficient production of paper. The growing consumption of paper and paperboard is one of the prime factors driving paper machine systems market. The pulp and paper production is growing with the extreme demand for drive technology or systems. In addition, many companies are introducing new technology-based paper making machines that can automate and improve the rate of producing papers.
Rise in demand for paper within packaging industry is expected to drive the paper making machine market. In addition, rise in consumption of paper and paperboards and increase in environments benefits and economic advantages by pulp and paper manufacturers is anticipated to boost the growth of the market. In addition, rise in demand for paper making machine by using different types of material such as cloth and cotton, for reducing the deforestation is likely to accelerate the growth of the paper making machines market. Moreover, increase in demand for paper napkins at homes, restaurants, and other commercial and residential spaces is expected to drive the paper making machine market growth.
The COVID-19 pandemic forced many companies in the global paper making machine market to halt business operation for a short term to comply with new government regulations to curb the spread of the disease. This halt in operation directly impacts revenue flow of the global paper making machine industry. 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 paper making machine market is segmented into Headboxes Type, Operation and Machine Type. By headboxes type, the market is categorized into multilayer and air padded. In 2021, the multilayer segment dominated the global paper making machine market, in terms of revenue, and is expected to maintain this trend in the coming years. On the basis of machine type, the market is fragmented into specialty paper machine, graphic paper machine, packaging paper machine, tissue paper making machine and others. Specialty paper machine is anticipated to dominate the global market throughout the forecast period. On the basis of operation, the market is categorized into semi-automatic and fully automatic. Fully automatic segment is the highest revenue contributor of the paper making machine market share in 2021.
Major players are adopting product launch and acquisition as their key developmental strategies to improve their machine portfolio of paper making machine market. For instance, in January 2021, Voith launched specialty paper machine PM 40 was successfully started at Sun Paper’s Yanzhou site in Shandong Provice, in China. This new capacity is expected to further enrich the product portfolio of the company.
By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific region is expected to hold the highest market share during the forecast period.
COMPETITION ANALYSIS
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, Parson, Cnbm Allimand, Kadant Inc., Recard SPA, Georgia-Pacific Corporation.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the paper making machine market analysis from 2021 to 2031 to identify the prevailing paper making machine market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the paper making machine market segmentation assists to determine the prevailing market opportunities.
- The global paper making machine market forecast from 2022-2031 is included in the report.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global paper making machine market trends, key players, market segments, application areas, and market growth strategies.
Paper Making Machine Market Report Highlights
| Aspects | Details |
 By Headboxes Type |
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 By Operation |
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 By Machine Type |
|
 By Region |
|
 Key Market Players | Kadant Inc., ihi corporation, voith gmbh, a.celli group, bellmer, Kawanoe Zoki Co, Ltd, Georgia-Pacific Corporation, OverMade Srl, toscotec s.p.a., Andritz, parsons, CNBM, allimand, Cellwood, Recard Spa, NSK Ltd., Valmet |
Analyst Review
The paper making machine market holds high growth potential in the commercial and industrial sector. The market has witnessed significant growth over the past decade, owing to rise in adoption of paper making machine such as specialty paper making machine, tissue paper making machines, graphic paper machine, packaging paper machine and others. Market players are also acquiring other companies and enhancing their product portfolios to increase their market potential in terms of geographic and customer base expansion. Moreover, the leading players in the market are producing affordable, and efficient paper making machine to cater to a large customer base.
Factors such as increase in demand for paper in packaging industry has significant impact over the market growth in the recent years. In addition, increase in adoption of technologies and rise in awareness of environmental concerns are expected to drive the growth of the global paper making machine market.
Among the analyzed regions, Asia-Pacific is expected to account for the highest revenue in the global market throughout the forecast period, followed by Europe, North America, and LAMEA.
Many companies are introducing new technology-based paper making machines that can automate and improve the rate of producing papers.
By Headboxes Type, the multilayer segment is leading contributor in the paper making machine market.
Asia-Pacific is the largest regional market for Paper Making Machine.
The global paper making machine market is projected to reach $32,267.3 million by 2031.
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.
The base year considered in the global paper making machine market report is 2021.
The top ten market players are selected based on two key attributes - competitive strength and market positioning.
The global paper making machine market was valued at $20,360.8 million in 2021.
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