Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 18.74 Billion | USD 29.71 Billion | 5.94% | 2022 |
FrequentlyAsked Questions
Machines make use of paper cushions for cushioning products during logistics & transport activities. Furthermore, paper strips are twisted with the help of paper cushion equipment for creating pillows of paper. Reportedly, paper cushion machines perform manual, semi-automatic, and automatic operations.
The global paper cushion machines market growth is owing to the use of paper cushion bags for packaging food products such as pasta, sugar, rice, and cereals.
According to a study, the global paper cushion machines industry size was $18.97 billion in 2022 and is projected to reach $27.48 billion by the end of 2030.
The global paper cushion machines market is anticipated to record a CAGR of nearly 5.94% from 2023 to 2030.
The Asia-Pacific paper cushion machines industry is set to register the highest CAGR over the forecasting timeline owing to the massive product penetration in countries such as emerging economies such as India and China with its use in the thriving e-commerce sector as well as the fashion industry.
The global paper cushion machines market is led by players such as Protega Global, Sealed Air Corporation, Pregis, Hexcel, and Papier Sprick.
The paper cushion machines market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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