Tissue Paper Packaging Machines Market - Manufacturing Cost Analysis Including Key Raw Materials, Price Trend, Key Suppliers and Forecast 2027
The global tissue paper packaging machines market was valued at US$ 194.4 Mn in 2016 and is expected to be valued at US$ 321.8 Mn in 2027.
The global tissue paper packaging machines market consists of packaging lines as well as standalone units which prominently include components such as wrappers, bundlers, case packers, etc. particularly designed for roll and folded products. The market is influenced by factors such as demand for tissue paper products in consumer and away from home (AFH) market, cost of manufacturing of tissue paper jumbo rolls, and the advancement in the technology. Tissue paper packaging machine manufacturers across the globe has experienced the rise in demand of tissue paper products among consumers and thus expanding the production capacity of the machinery.
The global tissue paper packaging machines market is expected to expand at a CAGR of 4.7% in terms of market value over the forecast period 2017-2027. The global market is observed to generate revenues primarily driven by tissue paper industry.
On the basis of system type, the global tissue paper packaging machines market is segmented into toilet roll packaging lines, kitchen roll packaging lines, folded tissue packaging lines and standalone systems. Toilet roll, kitchen roll and folded tissues packaging lines are further segmented into consumer market and away-from-home (AFH) market.
The toilet rolls packaging lines is the leading segment with market share of around half of the global market. Folded tissues packaging lines is the fastest growing segment due to a high scope of innovative packaging and rapidly increasing consumer preference for folded tissues.
Within toilet rolls packaging lines segment, the AFH market contributes with only around one-fourth of the market segment. This has created ample opportunity in the AFH market to expand globally for toilet rolls packaging lines market.
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