Paper Napkin Making Machine Market By Production Capacity (100-200/Hr, 200-400/Hr, 400-600/Hr, 600-800/Hr, 800 +/Hr), By Sales Channel (E-Commerce, Direct Sales), By System Type (Integrated, Standalone), By Operations (Automatic, Semi-Automatic) - Growth, Future Prospects, And Competitive Landscape, 2019 - 2027

The Increasing Awareness of Hygiene among the Individuals Has Increased the Demand for Paper Napkin Making Machine Market

Globally, the paper napkin-making machine market is expected to grow with a CAGR of 4.20% during the forecast period from 2019 to 2027 and has registered a market value of US$ 110.5 Mn in 2018. Paper napkin-making machines are used to produce and manufacture paper napkins of different sizes. Paper napkins are defined as tissue paper that is used for cleaning fingers, hands, and faces.

The increasing awareness of hygiene among individuals and the government due to urbanization is one of the major factors driving the global market. Additionally, the companies are focusing on developing new machines, which produce more paper napkins per hour and consume low power during the production process. Moreover, the rising hospitality, healthcare, sports, and other global industries are some of the major factors driving the market's growth. 

Market Synopsis

Paper Napkin Making Machine with Direct Sales in its Sales Channel Segment Continue Dominating the Market

In 2018, the overall paper napkin-making machine market was led by the direct sales segment in its sales channel segment, contributing to a high percentage of the market share of the total revenue generated globally in 2018 and having a market share of more than 1/4th in the sales channel segment. This is because direct sales have been one of the traditional ways of purchasing products.

Additionally, direct sales allow buyers to check the machine's functionality and performance before the purchase. However, e-commerce has been expected to be the fastest-growing segment during the forecast period due to increasing digitalization, urbanization, and advancement in technology has led to the utilization of e-commerce, which allows the users to buy and purchase product online by comparing the machines from different companies and reducing their travel time and money.

North America Dominates the Market by Region

The global paper napkin-making machine market was led by North America, with a market share of more than 35.0% in 2018. This is due to well-established healthcare infrastructure and awareness among individuals about hygiene and cleanliness among the individuals in the region. As a result, the region is accounted to grow with a CAGR of more than 3.0% during the forecast period. The U.S. is the leading country in the region due to its well-established healthcare infrastructure and strict rules and regulations made by the government of the country.

Some prominent players operating in the Paper Napkin Making Machine are Ocean Associate Co. Ltd., Beston Paper Machine Hobema, Alpha Napkin Machines, Hanwha Corporation, S.K. Engineering Works, Jori Machine, Royal Paper Industries, Finetech Tissue Machines, and Delta Paper Machine.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The paper napkin-making machine market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global paper napkin-making machine market based on production capacity, system type, operations sales channel, and geography. 

Frequently Asked Questions:

The market for Paper Napkin Making Machine is expected to reach US$ XX Bn by 2027.

The Paper Napkin Making Machine market is expected to see significant CAGR growth over the coming years, at 4.20%.

The report is forecasted from 2019-2027.

The base year of this report is 2018.

Hobema, Ocean Associate Co. Ltd., Alpha Napkin Machines, S.K. Engineering Works, Hanwha Corporation, Jori Machine are some of the major players in the global market.

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Published Date:  Nov 2019
Category:  Automation & Process Control
Report ID:   60011
Report Format:   PDF
Pages:   120
Rating:    4.2 (70)
Delivery Time: 24 Hours to 48 Hours   
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