Global Pulp Molding Machine Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Pulp Molding Machine Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global pulp molding machine market has been segmented on the basis of machine type, product type, application, end-use, as well as regions and countries.
A pulp molding machine is a machine that can produce packages such as egg trays, cartons, fruit trays, coffee cup trays, etc. It is called a paper molding machine as it uses waste paper and water as feedstock to create its end-product.
The increasing usage of packaging made from molded pulp across a host of end-use industries such as F&B, electronics, healthcare, etc. is a major factor that is expected to fuel the revenue growth of the global pulp molding machine market over the next 10 years.
Owing to the various regulations and guidelines being enforced by respective governing bodies across the world concerning the use plastic and the disposal of its waste has driven the demand for sustainable packaging. This factor is expected to play a crucial role in the revenue growth of this global market in the foreseeable future.
The steady growth in the prominence of the e-commerce industry, as well as increasing disposable incomes across the world are leading to individuals increasing the number of consumer goods and electronics they purchase, and this is expected to have a significant impact on the revenue growth of the global pulp molding machine market in the coming years.
However, in light of the recent COVID-19 outbreak, the manufacturing and supply operations of numerous industries have either completely halted or are functioning with a minimal workforce. This is expected to can revenue growth restraints for the global pulp molding machine market. Although, these circumstances are anticipated to improve in time as the influence of this virus on day-to-day activities curbed.
Segmentation of the global pulp molding machine market is as follows:
On the basis of machine type, the automatic machine segment accounted for the highest number of revenue shares of the global pulp molding market in 2019, as these machines are improve productivity, are easy-to-operate, can perform specified tasks without supervision, and have a high rate of mold interchangeability.
In terms of product type, the rotary product type segment accounted for the majority revenue share of the global pulp molding machine market in 2019, due to its low consumption of energy, high productivity, and low operational costs. The reciprocating product type segment is slated to index considerable revenue growth over the forecast period, owing to the increasing adoption of these machines to produce products of high-quality such as fruit trays, egg trays, industrial packages, dishware, disposable medical care products, electronic goods packaging, etc.
With respect to application, the trays application segment accounted for the majority revenue share of this market due to the increasing demand for these products due to their wide availability, low-cost, and great shock absorption properties. The clamshell and end cap segments are also slated to index considerable rate of revenue growth over the next decade.
Concerning end-use, the food packaging segment accounted for the highest number of revenue shares of the global pulp molding machine market, due to the increasing adoption of molded pulp packaging products in this industry. However, the electronics end-use segment is also anticipated to index considerable revenue growth in the years to come.
Regional Segmentation and Analysis:
The markets in the Asia Pacific region accounted for the majority revenue share of the global pulp molding market in 2019, as is also slated to register the fastest rate of revenue growth in the foreseeable future. The markets in Europe and North America are expected to register considerable rates of revenue growth respectively over the next 10 years.
Segmentation of the Global Pulp Molding Machine Market:
Segmentation by Machine Type:
Segmentation by Product Type:
- Parts & Attachments
Segmentation by Application:
- End Caps
- Bowls & Cups
Segmentation by End-Use:
- Food Packaging
- Food Service
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- DKM Machine Manufacturing Inc.
- Beston (Henan) Machinery Co. Ltd.
- Pulp Moulding Dies Inc.
- Brodrene Hartmann A/S
- BeSure Technology Co.
- Maspack Limited
- Taiwan Pulp Moulding Co. Ltd.
- Inmaco Solutions B.V.
- HGHY Pulp Molding Pack Co. Ltd.
- Guangzhou Nanya Pulp Molding Equipment Co. Ltd.
- Southern Pulp Machinery (Pty) Ltd.
- Acorn Industry Co. Ltd.
- Eurasia Light Industry Equipment Manufacture Co. Ltd. (EAMC)
- Qingdao Perfect Equipment & Parts Co. Ltd.
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