Automated Converting Machines to Revolutionize the Tissue Paper Converting Machine Industry Says Future Market Insights, Inc. [Yahoo! Finance]
SMURFIT KAPPA GROUP ADR (SMFKY)
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Source: Yahoo! Finance
Global sales of tissue paper converting machines was valued at US$ 1.30 billion in 2024, and is expected to reach US$ 1.64 billion by 2034, expanding at a CAGR of 2.30% during the forecast period. NEWARK, Del, March 05, 2024 (GLOBE NEWSWIRE) -- The market for tissue paper converting machines is estimated to be around US$ 1.30 billion in 2024. It is projected to exhibit a CAGR of 2.30% over the forecast period and reach a market size of US$ 1.64 billion by 2034. The tissue paper industry has seen remarkable growth in recent years. This is primarily due to the expansion of retail infrastructure, including supermarkets and convenience stores, which has ensured the widespread availability of tissue paper products, meeting consumer needs. Rising disposable incomes, particularly in developing regions, have also driven consumer preferences towards convenient and affordable hygiene products. The emergence of online shopping platforms has also provided consumers with convenient access to
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