Global Paper Converting Machine Market 2016-2020

Some of the key findings from our paper converting machine market forecast report are summarized below

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Global paper converting machine market overview

Market research analysts at Technavio predict that the global paper converting machine market will grow steadily during the next four years and post a CAGR of more than 3% by 2020. This market research analysis identifies the use of transpromotional documents as one of the primary growth factors for this market. TransPromo is a document that consists of a well-positioned promotional message with all essential transactional information and helps marketers reach out to their customers in a more attractive way. The customization of messages to ensure that they are relevant as the transaction document on which the message is being incorporated will increase the chances of positive response from customers. Advancements in digital printing technology will drive the adoption of transactional documents, which in turn, bolsters the market’s growth prospects.

Paper-cutting is evolving as a predominant art all over the globe and companies will start focusing on producing innovative products to gain a competitive edge over their competitors. The adoption of laser technology will not only improve the company’s production process but also offer various other benefits such as reduced configuration costs, zero downtime, and ease of operation. As a result, the use of laser as a tool will be one of the major market trends in the coming years.

Competitive landscape and key vendors

Owing to the presence of several multinational, regional, and local vendors, the market appears to be fragmented. Though the regional and local vendors find it difficult to compete with established players in terms of product quality, features, and range of offerings, they offer innovative solutions at lower prices and offer a stiff competition to the established vendors. Due to the rise in e-commerce parcel distribution and growth of the consumer and retail industries, the market offers considerable growth potential, which induces vendors to focus on product innovation. Since the requirement of high capital restricts the entry of new players, vendors have the need to expand geographically while reviving domestic demand. Analysts also predict that the international players will acquire regional or local players and grow inorganically during the forecast period.

The report offers a detailed analysis of several leading companies, including:

• Paper Converting Machine Company
• Mitsubishi Heavy Industries Printing & Packaging Machinery
• Rich Industry Holding Company
• PAKEA 

The other prominent vendors in the market are Andritz, Azimuth International, CAN GO COMPANY, Future Pack, GAVO Meccanica, Hinnli, MTC S.R.L, Ocean Associates, OMET, PAPCEL Litovel, and S.K. Hi-tech Machines.

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Paper converting machine market segmentation by end-product 

• Tissue papers
• Stationery papers
• Paperboard

During 2015, the tissue papers segment accounted for the major market shares and analysts expect this trend to continue in the coming years as well. The global market for tissue papers is highly dependent on consumer dynamics. The expected increase in demand for tissue and tissue-related products around the globe will fuel the growth of the industry in this market segment.

Paper converting machine market segmentation by geography

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographical regions, APAC will be the major revenue contributor to the market in the coming years. The rise in consumption and production of paper in the major economies in the region such as China and India and the increase in demand for paper in several developing countries around the globe, will fuel the growth of the market in this region. 

Key highlights of the global paper converting machine​ market for the forecast years 2016-2020:

• CAGR of the market during the forecast period 2016-2020
• Detailed information on factors that will accelerate the growth of the paper converting machine​ market during the next five years
• Precise estimation of the global paper converting machine​ market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behaviour
• Growth of the paper converting machine​ industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of paper converting machine​ companies

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