Paper Moulding Machine Market

The paper moulding machine market is expected to grow steadily over the next eight years, with a forecasted increase in both volume and value. Key players in the market include China, Finland, and India, with significant market share and growth potential. The market saw a sharp rise in demand in 2022, with notable increases in consumption and production volumes. Despite fluctuations in import and export prices, the overall trend suggests a positive outlook for the paper moulding machine market.

Market Forecast

Driven by rising demand for paper moulding machine worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +3.2% for the period from 2022 to 2030, which is projected to bring the market volume to 27K units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +5.2% for the period from 2022 to 2030, which is projected to bring the market value to $820M (in nominal prices) by the end of 2030.

Consumption

World Consumption of Machines For Moulding Articles In Paper Pulp, Paper Or Paperboard

In 2022, the amount of machines for moulding articles in paper pulp, paper or paperboard consumed worldwide rose sharply to 21K units, picking up by 9.9% on the year before. Over the period under review, consumption, however, saw a abrupt curtailment. Over the period under review, global consumption reached the maximum volume at 38K units in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

The global paper moulding machine market value surged to $548M in 2022, with an increase of 26% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a abrupt descent. Global consumption peaked at $1.4B in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (4.5K units), Finland (3.3K units) and India (1.1K units), together accounting for 43% of global consumption. Germany, Indonesia, Thailand, the United States, Turkey, Japan, Canada, Russia, South Africa and Italy lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by the United States (with a CAGR of +72.7%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, China ($142M) led the market, alone. The second position in the ranking was taken by Indonesia ($42M). It was followed by India.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to -17.9%. In the other countries, the average annual rates were as follows: Indonesia (+6.3% per year) and India (+20.7% per year).

In 2022, the highest levels of paper moulding machine per capita consumption was registered in Finland (589 units per million persons), followed by Germany (13 units per million persons), Thailand (13 units per million persons) and Canada (10 units per million persons), while the world average per capita consumption of paper moulding machine was estimated at 2.6 units per million persons.

In Finland, paper moulding machine per capita consumption remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (-0.5% per year) and Thailand (+23.9% per year).

Production

World Production of Machines For Moulding Articles In Paper Pulp, Paper Or Paperboard

In 2022, production of machines for moulding articles in paper pulp, paper or paperboard decreased by -1.4% to 36K units for the first time since 2019, thus ending a two-year rising trend. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 2.3%. As a result, production reached the peak volume of 37K units. From 2019 to 2022, global production growth remained at a lower figure.

In value terms, paper moulding machine production reached $964M in 2022 estimated in export price. In general, production recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2015 when the production volume increased by 5.7%. As a result, production attained the peak level of $1.4B. From 2016 to 2022, global production growth remained at a lower figure.

Production By Country

The country with the largest volume of paper moulding machine production was China (27K units), comprising approx. 74% of total volume. Moreover, paper moulding machine production in China exceeded the figures recorded by the second-largest producer, Finland (3.2K units), eightfold. Germany (2.5K units) ranked third in terms of total production with a 7% share.

From 2012 to 2022, the average annual growth rate of volume in China was relatively modest. In the other countries, the average annual rates were as follows: Finland (-0.8% per year) and Germany (+6.1% per year).

Imports

World Imports of Machines For Moulding Articles In Paper Pulp, Paper Or Paperboard

In 2022, supplies from abroad of machines for moulding articles in paper pulp, paper or paperboard decreased by -0.2% to 12K units, falling for the second year in a row after six years of growth. In general, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 52%. Over the period under review, global imports reached the maximum at 14K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, paper moulding machine imports totaled $359M in 2022. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.8% against 2019 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 47%. As a result, imports attained the peak of $394M. From 2020 to 2022, the growth of global imports remained at a somewhat lower figure.

Imports By Country

The countries with the highest levels of paper moulding machine imports in 2022 were India (1,224 units), Indonesia (1,038 units), the United States (845 units), the Netherlands (635 units), Thailand (603 units), Turkey (548 units), Canada (403 units), Russia (389 units), Mexico (326 units), Poland (318 units), Vietnam (272 units) and France (248 units), together accounting for 57% of total import. Italy (244 units) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of +22.9%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest paper moulding machine importing markets worldwide were India ($38M), Indonesia ($36M) and the Netherlands ($22M), with a combined 27% share of global imports. The United States, Poland, Canada, Turkey, Russia, Italy, Mexico, France, Vietnam and Thailand lagged somewhat behind, together accounting for a further 31%.

In terms of the main importing countries, Italy, with a CAGR of +34.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average paper moulding machine import price amounted to $29,987 per unit, remaining relatively unchanged against the previous year. Overall, the import price, however, continues to indicate a noticeable downturn. The growth pace was the most rapid in 2021 an increase of 18% against the previous year. Global import price peaked at $45,410 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Italy ($41,579 per unit), while Thailand ($10,890 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.8%), while the other global leaders experienced mixed trends in the import price figures.

Exports

World Exports of Machines For Moulding Articles In Paper Pulp, Paper Or Paperboard

In 2022, after seven years of growth, there was significant decline in overseas shipments of machines for moulding articles in paper pulp, paper or paperboard, when their volume decreased by -8% to 28K units. Over the period under review, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 115% against the previous year. As a result, the exports attained the peak of 30K units, and then fell in the following year.

In value terms, paper moulding machine exports reached $397M in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.2% against 2013 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. Over the period under review, the global exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports By Country

China dominates exports structure, accounting for 22K units, which was near 81% of total exports in 2022. It was distantly followed by Germany (1.6K units), achieving a 5.9% share of total exports. The Netherlands (759 units) and the United States (423 units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the machines for moulding articles in paper pulp, paper or paperboard exports, with a CAGR of +30.3% from 2012 to 2022. At the same time, Germany (+14.1%), the Netherlands (+3.1%) and the United States (+2.8%) displayed positive paces of growth. From 2012 to 2022, the share of China increased by +47 percentage points.

In value terms, the largest paper moulding machine supplying countries worldwide were China ($171M), Germany ($90M) and the Netherlands ($36M), together comprising 75% of global exports.

Germany, with a CAGR of +21.0%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average paper moulding machine export price stood at $14,370 per unit in 2022, surging by 10% against the previous year. Overall, the export price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of 18%. Over the period under review, the average export prices attained the peak figure at $51,086 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($54,923 per unit), while China ($7,629 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.1%), while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox Market Intelligence Platform