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Pulp Molding Machines Market Share

Report ID: GMI4794
Published Date: Aug 2020
Report Format: PDF

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Pulp Molding Machines Market Share

The pulp molding machines industry is majorly contributed by

Beston Group
BeSure Technology
Guangzhou Nanya Pulp Molding Equipment Co.
Sodaltech
Taiwan Pulp Moulding Co.
Inmaco Solutions B.V.
HGHY Pulp Molding
Southern Pulp Machinery Ltd.
Acorn Industry Co., Ltd.
DKM Machine Manufacturing Inc.

The aforementioned companies are taking initiatives to create market dominance in underdeveloped countries. For instance, Beston Group, to expand its market presence, started supplying pulp molding units in Sudan from April 2019.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

These machines will gain traction across Asia Pacific owing to rising deployment of disposable packaging solutions in the region and shifting preference toward sustainable packaging. APAC market may register 3.5% CAGR through 2026.

The food & beverage segment may record 70% revenue share in 2026, driven by substantial advancements in the food industry and the advent of numerous quick service eateries worldwide.

Small-scale industries usually prefer molding machines that have a capacity of less than 1,500 units/hour, owing to their low-cost capital venture & general production capacity requirement of around 700-1500 pieces per hour. The <1,500 units/h segment may record 20% volume share in 2026.

Automatic segment may register 3.5% CAGR through 2026, driven by the fact that these units can perform definite tasks even without the necessity of an employee. They have a high rate of mold handling, an automatic dry system, and are also easier to operate.

Rotary machines will garner popularity as they can produce both, small and large molded units. They also have reasonable expenses and simple functionality, owing to which the segment recorded USD 350 million revenue in 2019.