The Business Research Company Global Wood and Paper Machinery Market Report 2021 – Impact and Recovery of COVID-19
LONDON, GREATER LONDON, UK, September 27, 2021 /EINPresswire.com/ – Automation is a new technology made by manufacturers of sawmills and woodworking machinery as it enables faster, more efficient and more efficient production and minimizes waste. Automated sawmills and woodworking machines perform tasks without human intervention. These automated machines include log handling and cutting systems, fully automated debarking systems and x-ray scanners.
Global Woodworking and Paper Machinery Market report is segmented by Type into Paper Industry Machinery, Woodworking Machinery, By Machine Type into Forming Machinery, Presses, Drying Machinery, Graders, Others, By operation in autonomous, semi-autonomous, manual, by capacity in small, medium, large.
The major players in the global woodworking and paper machinery industry are Dream International Limited, Adidas, Integrity Toys Inc, JAKKS Pacific Inc, LEGO Group.
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The global wood and paper machinery market size is expected to grow from $ 42.32 billion in 2020 to $ 45.32 billion in 2021 at a compound annual growth rate (CAGR) of 7.1%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities that resulted in operational challenges. The market is expected to reach $ 76.59 billion in 2025 at a CAGR of 14%.
Western Europe was the largest region in the global woodworking and paper machinery market, accounting for 41% of the market in 2020. Asia-Pacific was the second largest region, accounting for 31% of the global market. Africa was the smallest region in the world market for woodworking and paper machinery.
Global Wood and Paper Machinery Market Report 2021 – By Type (Paper Industry Machines, Woodworking Machines), By Machine Type (Forming Machines, Pressing Machines, Drying Machines, Sizing Machines ), by Operation (Autonomous, Semi-Autonomous, Manual), by Capacity (Small, Medium, Large), COVID-19 Impact And Recovery is one of a series of new reports from The Business Research Company that provides market insight Wood and Paper Machinery Market size and growth forecast for Wood and Paper Machinery for the overall market, Wood and Paper Machinery market segments, and geographies, market trends of wood and paper machinery, wood and paper machinery market drivers, restraints, revenue, profiles and market share of major competitors.
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