Fabio Perini S.p.A, Tissue Machinery Company S.p.A., BaoSuo
Paper Machinery Manufacture Co., Ltd., and STAX Technologies D.O.O., are among
the most prominent enterprises in the global tissue
paper packaging machines market. Together they wield a
considerable influence on the global tissue paper packaging machines market.
These market players are identified by high capacity and highly automated
machines, finds Transparency Market Research (TMR) in a recent study.
Investment in innovations and developing competencies has
significantly risen among these companies, as they aim at accelerating their
growth pace. Besides this, they have their focus on expanding their footprint
to sustain their global positions. In addition, their efforts are aimed at
updating their offerings to gain better traction amidst the prevailing
competition. Given the scenario, the global tissue paper packaging
market will witness several technological advancements in the coming
years.
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According to TMR, the global tissue paper packaging machines
market is projected to surpass US$321.8 mn by the end of 2027. In 2016, the
market was valued at US$194.4 mn. Considering the estimated and historic market
figures hold true, the global tissue paper packaging machines market will
expand at a CAGR of 4.7% between 2017 and 2027. Among key system types
available in the market, the toilet roll packaging lines segment was estimated
to hold the dominant 47.2% in the global market in 2017. As per TMR, North
America held the lead in the global tissue paper packaging machines market in
2017.
Rising Consciousness about Better Hygiene Practices to
Propel Growth
The globally increasing urban population and subsequently
rising concerns among people regarding better hygiene, fuelling the use of
tissue paper products are driving the market for tissue paper products, in turn
giving impetus to the global tissue paper packaging machinery market. Other than
this, the market will gain immensely as companies invest in novel machineries
as a part of their brand building activity. Considering the highly competitive
environment they have to operate in, most companies are wary about their
process of product development and its alignment with their brand strategies.
They are constantly focusing on improving the end user experience, which will
enable the global tissue paper packaging machines market gain significant
momentum in the coming years.
In the coming years, the market will benefit from
technological advancements and automation introduced in the production process.
As a result of evolving technologies and automation services the demand for
advanced machinery has increased in the global tissue paper packaging machines
market. Subsequently, recent technological advancements in the production of
packaging lines and standalone machines have enabled the manufacturers produce
in larger volumes.
Slow Acceptance of Proper Hygiene to Restrain Growth in
Underdeveloped Countries
Despite growth prospects witnessed worldwide, the slow
acceptance of proper hygiene and the availability of economic alternatives are
creating hindrances for the global tissue paper packaging market. This is
especially true in case of underdeveloped economies where the pace of adopting
novel hygiene solutions is way lesser than that of developed economies. A
majority of consumers living across emerging nations also prefer more economic
solutions which pose threat to the market’s growth. Furthermore, the market is
negatively impacted by the economic instability in South America. The
Russia-Ukraine conflict, which has negatively impacted technological
advancements, has affected the growth of trade in the region, in turn creating
obstacles for the tissue paper packaging machines market.
This review is based on a TMR report, titled “Tissue
Paper Packaging Machines Market (System Type – Toilet Roll Packaging Lines
(Consumer Market and Away-from-home Market), Kitchen Roll Packaging Lines
(Consumer Market and Away-from-home Market), Fold Tissue Packaging Lines
(Consumer Market and Away-from-home Market), Standalone Systems; Operation –
Automatic and Semi-automatic) – Global Industry Analysis and Forecast 2017-2027.”
The report segments the global tissue paper packaging
machines market as:
By System Type
- Toilet
roll packaging lines
- Consumer
market
- Away-from-home
market
- Kitchen
roll packaging lines
- Consumer
market
- Away-from-home
market
- Folded
tissues packaging lines
- Consumer
market
- Away-from-home
market
- Standalone
systems
By Operation
- Automatic
- Semi-automatic
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By Region
- Europe
- Middle
East & Africa (MEA)
- North
America
- South
America
- Asia
Pacific excluding China & Japan (APECJ)
- China
- Japan
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