The global tissue paper converting machines market is estimated at US$ 1.6 Bn in 2022 and is expected to reach US$ 1.9 Bn by 2026, at a CAGR of 4.9% from 2022-2026. According to FMI’s estimates, the tissue paper converting machinery market would produce US$ 406.5 Mn in incremental opportunity over the forecast period.
In 2018, Gambini launched AirMill, the innovative technology that enhances the embossing technology and transformed the conventional tissue paper into increasing volume and good absorbency without compromising its tensile strength. Consumer proclivity for soft and high absorption quality tissue paper, combined with good strength and compact format, will also continue to provide a fillip to the sales of tissue paper converting machines in 2019 and beyond.
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Companies Investing Heavily in Capacity Expansion of Tissue Paper Products
As per FMI analysis, the consumption of tissue paper in last three years has rapidly increased owing to the growing concern around hygiene maintenance. As tissue paper is used for one time only, it helps to prevent chronic disease spread. This creates a huge opportunity for tissue paper key players. The tissue paper manufacturers have started investing in capacity expansion and quality management.
On 27 November 2018, Cascade Inc. invested US$ 58 million to modernize tissue converting capacity at its Wagram, NC plant.
In 2018, Metsa Tissue, replaced its old machines with an increased capacity machine having production capacity of 10,000 Tones. In order to deal with the growing demand of tissue paper in West European region, the company started new away-from-home, converting lines at its Germany plant.
Implementation of Hybrid Technology in Industries Creating New Opportunities
In order to deal with market competition, key players are laying maximum focus on developing innovative and integrated technologies of tissue paper converting machines. In 2018, Gambini S.p.A. one of the leading manufacturers of converting machineries, introduced Gambini for You (G4U) – Pilot Line along with the strategic partner AirMil. This consists of a pilot line from the unwinders to the log saw with the format 2.8m and speed up to 550 m/min. Moreover, Fabio Perini S.p.A. recently launched MyPerini, a complete range of converting and packaging line for tissue papers.
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Toilet Roll Converting Machine Lines Gaining More Traction
As per FMI’s study, the demand for toilet roll converting line is dominating the global market of tissue paper converting machines. The key players can skip the use of rewinding of logs using advanced toilet tissue paper converting lines. It is witness that the demand for toilet tissue paper is growing significantly in Asia Pacific and North American regions.
As per the report, the global sales of toilet roll converting machines poised to reach ~2 thousand units in 2019. Following this, the demand for kitchen roll converting machines is estimated to shoot up by the end of 2027, as the European consumers have a higher demand for kitchen tissue paper in consumer and hospitality sectors.
Competitive Landscape
To get a competitive advantage, the market’s leading companies have sought to extend their global reach, improve their product quality portfolio, and speed up the development process. Additionally, most companies employ marketing strategies such as mergers and acquisitions to broaden their market reach and strengthen their position.
For instance,
Key Companies Profiled
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