SAN FRANCISCO, Sept. 17, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Tissue Paper Packaging Machines - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 473
Companies: 41 - Players covered include BaoSuo Paper Machinery Manufacture Co., Ltd.; Dechangyu Paper Machinery Manufacture Co., Ltd.; Fabio Perini S.p.A.; Infinity Machine & Engineering Corp.; M.T.C. (Macchine Trasformazione Carta) S.R.L.; Shanghai Soontrue Machinery Equipment Co. Ltd.; STAX Technologies D.O.O.; Tissue Machinery Company S.p.A.; Unimax Group Engineering & Development Corporation; Wangda Industrial Co., Limited and Others.
Coverage: All major geographies and key segments
Segments: Operation Type (Fully Automatic, Semi-Automatic); System Type (Toilet Rolls Packaging Lines, Kitchen Rolls Packaging Lines, Tissue Fold Packaging Lines, Standalone systems)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Tissue Paper Packaging Machines Market to Reach $262 Million by 2026
Amid the COVID-19 crisis, the global market for Tissue Paper Packaging Machines estimated at US$215.7 Million in the year 2020, is projected to reach a revised size of US$262 Million by 2026, growing at a CAGR of 3.2% over the analysis period. Toilet Rolls Packaging Lines, one of the segments analyzed in the report, is projected to record a 3.7% CAGR and reach US$146.5 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Kitchen Rolls Packaging Lines segment is readjusted to a revised 2.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $59.9 Million in 2021, While China is Forecast to Reach $53.1 Million by 2026
The Tissue Paper Packaging Machines market in the U.S. is estimated at US$59.9 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$53.1 Million by the year 2026 trailing a CAGR of 6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.
Tissue Fold Packaging Lines Segment to Reach US$25.7 Million by the year 2026
In the global Tissue Fold Packaging Lines segment, USA, Canada, Japan, China and Europe will drive the 2.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$16.2 Million in the year 2020 will reach a projected size of US$19.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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