How Is The Woodworking And Paper Machinery Market Segmented?
The woodworking and paper machinery market covered in this report is segmented –
1) By Type: Paper Industry Machinery, Woodworking Machinery
2) By Machine Type: Forming Machines, Pressing Machines, Drying Machines, Sizer Machines, Other Machine Types
3) By Operation: Autonomous, Semi-autonomous, Manual
4) By Capacity: Small, Medium, Large
Subsegments:
1) By Paper Industry Machinery: Pulping Machinery, Papermaking Machinery, Finishing and Converting Machinery
2) By Woodworking Machinery: Sawing And Cutting Machines, Planing And Molding Machines, Drilling And Boring Machines, Sanding And Finishing Machines, CNC Routers And Machining Centers
What Is Driving The Woodworking And Paper Machinery Market? E-Commerce Expansion Fuels Growth In The Woodworking And Paper Machinery Market
The expanding e-commerce industry is expected to propel the growth of the woodworking and paper machinery market going forward. E-commerce refers to the buying and selling of goods and services over the internet. The rise of e-commerce has increased demand for packaging materials, including cardboard and corrugated paper, which drives the need for paper machinery used in packaging production. For instance, in August 2023, according to a report published by the U.S. Census Bureau, a US-based government agency, U.S. retail e-commerce sales for the second quarter of 2023 reached an estimated $277.6 billion, reflecting a 2.1% rise compared to the first quarter of the same year. Therefore, the rapid growth in e-commerce is driving the growth of the woodworking and paper machinery market.
What Is Driving The Woodworking And Paper Machinery Market? Construction Industry's Demand For Wooden Homes Boosts Woodworking And Paper Machinery Market
The increasing demand from the construction industry for wooden homes or wood-framed homes is expected to drive the woodworking and paper machinery markets. Woodworking machinery is used for processing wood components such as cross-laminated timber (CLT) and laminated veneer lumber (LVL) used in wooden houses. For instance, in February 2024, according to the Infrastructure and Projects Authority, a UK-based government agency, £164 billion planned investment in major infrastructure and construction projects for 2024/25 exceeds that of 2023/24, highlighting robust economic growth. Over the next decade, total projected investments are estimated to reach between £700 billion and £775 billion. Hence, the increasing demand from the construction industry is expected to drive the woodworking and paper machinery market in the forecast period.
Who Are The Major Players In The Global Woodworking And Paper Machinery Market?
Major companies operating in the woodworking and paper machinery market include Mitsubishi Heavy Industries Ltd., Bobst Group SA, Terex Corporation, Dream International Limited, Adidas AG, Integrity Toys Inc., JAKKS Pacific Inc., LEGO Group, Homag, SCM Group, Biesse Group, IMA Schelling, Stanley Black & Decker Inc., JPW Industries, Felder Group, Altendorf GmbH, Martin Woodworking Machines Corp., Stiles Machinery Inc., Weinig Holz-Her USA, Greenply Industries, Shobha Industries Private Limited, ConInfra Machinery, S. L. Paper Machines LLP, Parason Machinery Pvt. Ltd., Klabin S.A., Greenlam Industries.
What Are The Key Trends Of The Global Woodworking And Paper Machinery Market? Innovative Kraftliner Machines Drives Advancements
Major companies operating in the woodworking and paper machinery markets are developing innovative products, such as kraftliner machines, to enhance their product offerings. A kraftliner machine is an industrial device used in paper manufacturing to produce high strength kraftliner paper, commonly employed in packaging, particularly for corrugated boxes. For instance, in April 2023, the Voith Group, a Germany-based technology company specializing in papermaking machinery, launched the world’s largest kraftline machine for SCA (a Swedish forest industry company). The machine features a design speed of 1,400 meters per minute and a wire width of 10,200 mm. The Voith XcelLine paper machine will produce 725,000 tons of high-quality kraftliner per year with basis weights between 100 and 200 gsm. The new machine increases SCA’s production capacity by 270,000 tons. The highly efficient solutions reduce resource consumption and enable maximum productivity with the lowest overall production costs.
What Are The Key Trends Of The Global Woodworking And Paper Machinery Market? Automation Revolutionizing Sawmill And Woodworking Machinery Manufacturing
Automation is a new technology manufactured by sawmills and woodworking machinery manufacturers as it provides faster, more efficient, and optimum production and minimizes waste. Automated sawmills and woodworking machinery perform tasks without human intervention. These automated machines include Roundwood handling and cutting systems, fully automated debarking systems, and X-ray scanners.
Regional Outlook For The Global Woodworking And Paper Machinery Market
Western Europe was the largest region in the woodworking and paper machinery market in 2024. Asia-Pacific was the second largest region of the woodworking and paper machinery market. The regions covered in the woodworking and paper machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the woodworking and paper machinery market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
What Defines the Woodworking And Paper Machinery Market?
The woodworking and paper machinery market consists of sales of circular and band sawing equipment, planning machinery, and sanding machinery, and/or manufacturing paper industry machinery for making paper and paper products, such as pulp making machinery, paper and paperboard making machinery, and paper and paperboard converting machinery. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
How is Market Value Defined and Measured?
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
What is the Market Assessment and Strategic Outlook for the Woodworking And Paper Machinery Industry?
The woodworking and paper machinery market research report is one of a series of new reports from The Business Research Company that provides woodworking and paper machinery market statistics, including woodworking and paper machinery industry global market size, regional shares, competitors with a woodworking and paper machinery market share, detailed woodworking and paper machinery market segments, market trends and opportunities, and any further data you may need to thrive in the woodworking and paper machinery industry. This woodworking and paper machinery market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
