Posted By Coherent Market Insights
Posted on October 11, 2021
The global converting paper Market is projected worth US$ 440.2 billion by 2026 and the market is projected to showcase 2.2% CAGR during the forecast period
Paper converting is a process that comes from taking the paper and converting it into another product. Converting paper finds use in various applications such as hygiene paper, writing paper, newsprint, printing paper, and others. Increasing demand for converting paper from various applications is expected to propel growth of the global converting paper market.
A detailed report on Global Converting paper Market Market providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027.
Top Key Players in Converting paper Market market: International Paper Company, Georgia-Pacific LLC, Finch Paper LLC, Burgo Group SPA, Alberta Newsprint Company Ltd., Rolland Enterprises Inc., P.H. Glatfelter Co., American Eagle Paper Mills, Asia Pacific Resources International Holdings Ltd., Canfor Corporation, Domtar Corporation, Twin Rivers Paper Company Inc., UPM-Kymmene Oyj, BillerudKorsnäs AB, Catalyst Paper Corporation, Clearwater Paper Corporation, Stora Enso Oyj, Verso Corporation, Mitsubishi Paper Mills Limited, Delta Paper Corp., and others
Regional Analysis For Converting paper Market Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Converting paper Market market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Increasing demand for personal hygiene products worldwide is expected to boost the growth of the converting paper market during the forecast period. Converting paper is widely used to make hygiene paper products, such as baby diapers, tissue paper, and others. For instance, in April 2021, Huanlong Group officially launched the expansion project with an annual output of 50,000 tons of high-end tissue paper. The expansion has allowed Huanlong Group to exceed its annual production capacity of 100,000 tons of tissue paper and converting capacity.
Key Takeaways:
The converting paper market is expected to exhibit a CAGR of 2.2 % during the forecast period owing to the increasing demand for converting paper in both develop and developing countries. For instance, in April 2020, Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, announced the launch of Smart TOUCH HMI, a new human-machine interface available on Forte tissue converting lines. It works much like mobile devices with swipe functionality, enabling a short learning curve and increased productivity.
Among regions, Asia Pacific is expected to witness robust growth in the converting paper market, owing to rapidly growing packaging industry and evolving e-commerce industry. There is an increasing demand for efficient packaging solutions in lightweight packaging formats across the packaging and e-commerce industry. India has been witnessing a surge in its e-commerce sector over the years. For example, according to IBEF, Indian packaging industry is riding on the e-commerce wave, Indian e-commerce market is expected to reach US$ 200 billion by 2026, from US$ 38.5 billion in 2017.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Converting paper market Is Projected To Rise At A Cagr Of 2.2% During 2027 appeared first on Gatorledger.
The global converting paper Market is projected worth US$ 440.2 billion by 2026 and the market is projected to showcase 2.2% CAGR during the forecast period
Paper converting is a process that comes from taking the paper and converting it into another product. Converting paper finds use in various applications such as hygiene paper, writing paper, newsprint, printing paper, and others. Increasing demand for converting paper from various applications is expected to propel growth of the global converting paper market.
A detailed report on Global Converting paper Market Market providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027.
Top Key Players in Converting paper Market market: International Paper Company, Georgia-Pacific LLC, Finch Paper LLC, Burgo Group SPA, Alberta Newsprint Company Ltd., Rolland Enterprises Inc., P.H. Glatfelter Co., American Eagle Paper Mills, Asia Pacific Resources International Holdings Ltd., Canfor Corporation, Domtar Corporation, Twin Rivers Paper Company Inc., UPM-Kymmene Oyj, BillerudKorsnäs AB, Catalyst Paper Corporation, Clearwater Paper Corporation, Stora Enso Oyj, Verso Corporation, Mitsubishi Paper Mills Limited, Delta Paper Corp., and others
Regional Analysis For Converting paper Market Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Converting paper Market market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Increasing demand for personal hygiene products worldwide is expected to boost the growth of the converting paper market during the forecast period. Converting paper is widely used to make hygiene paper products, such as baby diapers, tissue paper, and others. For instance, in April 2021, Huanlong Group officially launched the expansion project with an annual output of 50,000 tons of high-end tissue paper. The expansion has allowed Huanlong Group to exceed its annual production capacity of 100,000 tons of tissue paper and converting capacity.
Key Takeaways:
The converting paper market is expected to exhibit a CAGR of 2.2 % during the forecast period owing to the increasing demand for converting paper in both develop and developing countries. For instance, in April 2020, Paper Converting Machine Company (PCMC), part of Barry-Wehmiller, announced the launch of Smart TOUCH HMI, a new human-machine interface available on Forte tissue converting lines. It works much like mobile devices with swipe functionality, enabling a short learning curve and increased productivity.
Among regions, Asia Pacific is expected to witness robust growth in the converting paper market, owing to rapidly growing packaging industry and evolving e-commerce industry. There is an increasing demand for efficient packaging solutions in lightweight packaging formats across the packaging and e-commerce industry. India has been witnessing a surge in its e-commerce sector over the years. For example, according to IBEF, Indian packaging industry is riding on the e-commerce wave, Indian e-commerce market is expected to reach US$ 200 billion by 2026, from US$ 38.5 billion in 2017.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
The post Converting paper market Is Projected To Rise At A Cagr Of 2.2% During 2027 appeared first on Gatorledger.
