Paper Making Machine Market Worldwide with Leading Players 2031
The paper making machine market size was valued at $20.4 billion in 2021, and is estimated to reach $32.3 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031.
Papermaking involves a series of machinery designed to produce various types of paper products, including toilet paper, tissue paper, A4 paper, napkin paper, and others. The machinery typically comprises four key components: the forming section, the pressing section, the drying section, and the finishing section.
Within these sections, elements such as the Fourdrinier wire and cylinder mold serve as distinct types of forming components, while the pressing process utilizes press rolls and papermaker's felts. Drying is facilitated by one or more dryers integrated into the system.
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The growth of the papermaking machine market is expected to be driven by several significant factors, including the increasing demand for paper in the packaging industry. Additionally, growing awareness regarding hygiene and the usage of paper products is fueling the demand for items like paper napkins, especially in domestic, commercial, and hospitality settings. Furthermore, the adoption of papermaking machines that utilize alternative materials such as cloth and cotton to mitigate deforestation is anticipated to further stimulate market growth.
The paper making machine market is segmented on the basis of headboxes type, machine type, operation and region. On the basis of headboxes type, the market is segmented into multilayer and air padded. In 2021, the multilayer segment accounted for the largest share of 81% of the overall paper making machine market share.
Based on machine type, the market is segmented into specialty paper making machine, graphic paper making machine, packaging paper machine, tissue paper making machine and others. The specialty paper making machine segment held the largest market share of 31% in 2021. On the basis of operation, the market is categorized into semi-automatic and fully automatic. The fully automatic segment held the largest market share of 77% of the paper making machine market in 2021.On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe region was a highest revenue contributor in 2021.
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Top Players:
The key players profiled in the paper making machine market report include Voith, Bellmer, Cellwood, Andritz, Toscotec, A. Cellie, OverMade Srl, Ihi corporation, Valmet, Kawanzoe Zoki Co., ltd., Nsk Ltd, Parason, Cnbm, Allimand, Kadant Inc., Recard SPA, Georgia-Pacific Corporation.
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