ALBANY, N.Y., Dec. 10, 2020
- Need for increased productivity across tissue paper manufacturing units, in order to cater to the increasing demand for toilet rolls and tissue boxes, has driven sales across the market
- The outbreak of the coronavirus caused formidable disruptions across the retail industry, has put pressure on several product manufacturers including tissue paper companies
ALBANY, N.Y., Dec. 10, 2020 /PRNewswire/ -- Hoarding of retail shops was amongst the initial repercussions of the COVID-19 outbreak. Several retail outlets ran short of toilet papers, hand wash liquids, and sanitizers as people began stockpiling these items in their homes. This propensity was an outcome of the pre-lockdown panic that ensued across the largest economies of the world. In the contemporary scenario, it is impossible to get a clear view of the global tissue paper industry without assessing the COVID-19 crisis. The humongous demand for tissue paper rolls across the residential sector can be attributed to the apprehensions of the masses during the ongoing pandemic situation. Despite reopening of countries and marketplaces, people continue to be baffled by the consequences of strict lockdowns and market shutdowns. Henceforth, the demand for tissues paper in on a rise across the entire world, painting a bright scenario for the tissue paper packaging machines market.
The global tissue paper packaging machines market is projected to tread along a revenue-oriented pathway in the years to follow. The undisputed use of tissue paper rolls and boxes across the residential, commercial, and industrial sectors is the primary driver of market demand. It is estimated that the global tissue paper packaging machines market would touch a value of US$ 321.8 Mn by the end of 2027, growing from a value of US$ 194.4 Mn in 2016. This rise in value corresponds to a CAGR of 4.7% for the forecast period between 2017 and 2027.
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Key Findings of the Tissue Paper Packaging Machines Market Report
The demand for tissue papers continues to escalate across hotels and restaurants as people become more inclined toward following cleanliness and hygiene standards, thus boosting the prospects in the tissue paper packaging machines market. Besides, use of toilet rolls and kitchen rolls across large hotels and hospitality units has also caused an uptick in sales of tissue papers. The aforementioned factors are putting pressure on tissue manufacturers to increase their output. Besides, the need for quality assurance in tissue manufacturing has also necessitated the use of premium quality standards for manufacturing. Henceforth, the global tissue paper packaging machines market is projected to attract fresh revenues in the years to follow.
The use of tissues in the cosmetics industry has also increased by leaps and bounds in recent times. To cater to the exponential demand for skin-friendly tissues, several tissue manufacturers have introduced new lines of wet tissues. These tissues are meant to hydrate the facial skin and produce a rejuvenating effect. Therefore, use of tissue paper packaging machines is poised to increase across the industry. The use of wet tissues for cleaning wooden surfaces and platforms in homes and offices has also driven demand within the global market.
Explore 164 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the 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 at https://www.transparencymarketresearch.com/tissue-paper-packaging-machines-market.html
Global Tissue Paper Packaging Machines Market: Growth Drivers
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Global Tissue Paper Packaging Machines Market: Key Players
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Global Tissue Paper Packaging Machines Market: Segmentation
By System Type
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Converting Paper Market – The growing adoption of digitalization is expected to reduce the demand for printing and writing paper. Digital media and paperless communication are replacing paper, and threatening the traditional market for newsprint and office paper. The market share of printing and writing paper is shifting to packaging paper owing to the growth of the e-commerce market and consumer preference for converting paper packaging formats.
Rigid Paper Containers Market – The paperboard segment of the rigid paper containers market was valued at US$ 76 Bn in 2017 and is expected to expand at a CAGR of 6.1% during the forecast period of 2018-2026. On the basis of product type, the boxes segment holds the maximum market share in the rigid paper containers market and is expected to create an incremental $ opportunity of US$ 92,819.4 Mn during the forecast period.
Pizza Box Market – Growing customer inclination towards home delivery & takeaways (HDTA) across the globe is expected to fuel the growth in the pizza box market. The global pizza box market was valued at US$2,223.0 mn in 2016 and is expected to grow at a CAGR of 4.6% over the forecast period. The global pizza box market is characterized by rising in consumer demand for pizza delivery, cost of manufacturing of corrugated pizza boxes, and the advancement in the manufacturing designs.
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