The paper core cutting machine market size is projected to be worth USD 269.7 million in 2023. The market is likely to surpass USD 376.7 million by 2033 at a CAGR of 3.4% during the forecast period. The core cutting machine is used for cutting the core of the paper into several sections. Paper core cutting machines play a very important role in the completion of any manufacturing process.
These machines are employed for cutting paper tubes or cores around which the sheets of material will be wound. Core cutting machines are mostly available in variants such as manual, automatic, and semi-automatic. These machines are used to cut paper cores of various lengths and diameters for the conversion of master rolls into smaller ones.
Drivers Propelling the Demand for Paper Core Cutting Machine include:
Challenges for Companies /Manufacturers in the Paper Core Cutting Machine Market:
Opportunities in the Paper Core Cutting Machine Industry:
Latest Trends in the Paper Core Cutting Machine Market:
Attribute | Details |
---|---|
Paper Core Cutting Machine Market Size (2023) | USD 269.7 million |
Paper Core Cutting Machine Market Projected Size (2033) | USD 375.7 million |
Value CAGR (2023 to 2033) | 3.4% |
From 2018 to 2022, the global paper core cutting machine market experienced a CAGR of 2.0%, reaching a market size of USD 260.8 million in 2022 from USD 240.6 million in 2018. Paper cores are basically the long tubes majorly used in many applications such as paper towels, cable reels, and others. Paper tubes are also called as spiral wound paper cores or paper tubes.
Paper core cutting machines are employed in manufacturing industries for precise cutting and machining of the paper tubes. Increasing demand for paper cores from various industries such as textiles, adhesive tapes, and wires is one of the significant factor for the paper core cutting machines market growth. Furthermore, the paper cores are reusable, recyclable, and eco-friendly solutions makes it a sustainable option.
As a result, the paper core cutting machines market has shown a significant growth. The waste generated from the paper core cutting machines is less and also it can be again reused and recycled further. The convenience provided by the paper cores and wide applications of the paper core are contributing to the growth of paper core cutting machine market.
Looking ahead, the global paper core cutting machine market is expected to rise at a CAGR of 3.4% from 2023 to 2033. During the forecast period, the market size is expected to reach USD 376.7 million in 2033.
With the increasing demand for paper cores from end use industries such as textiles, electrical, adhesive, converting, and shipping and storage industry, the demand for the paper core cutting machine is expected to be at the forefront during the projected years.
The requirement for high speed machineries along with accurate results from the manufacturing industries is attributing towards the growth of the paper core cutting machine market. With the advancement in technology and the increasing adoption of automation in the manufacturing sector, the paper core cutting machine industry is expected to grow at a significant rate during the forecast period.
Country | China |
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Market Size (USD million) by End of Forecast Period (2033) | USD 84.0 million |
CAGR % 2023 to End of Forecast (2033) | 3.3% |
According to World Integrated Trade Solutions (WITS), China is at the top in the import of textiles and clothing. China is the manufacturing hub with the establishment of various industries from different sectors. The manufacturing sector in China requires automated machines to meet the demand for products. Thus, China is expected to propel the paper-core cutting machine market.
Country | India |
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Market Size (USD million) by End of Forecast Period (2033) | USD 37.7 million |
CAGR % 2023 to End of Forecast (2033) | 3.8% |
India is one of the fastest-growing countries in the Asia Pacific. Paper and packaging Industry in India has shown significant growth in recent years and has a future growth potential for the industry. According to India Brand Equity Foundation (IBEF), the paper and packaging Sector in India is estimated to reach USD 204.8 billion in 2025 expanding at a CAGR of 26.7%.
The paper and packaging industry in India is the fifth largest sector of the Indian economy. Paper core cutting machine is an essential part of the packaging industry. As a result, India is expected to create growth opportunities for the paper core cutting machine market in the future.
The semi-automatic machine type segment dominates the paper core cutting machine market with a market share of 52.2% in the estimated year. This segment captures a significant market share in 2023 due to its affordability and clean precise cutting. It is majorly preferred by small and medium-scale enterprises for paper core cutting. In most developing countries, the availability of cheap labor allows manufacturers to install the semi-automatic machine.
The packing segment is expected to record a CAGR of 5.0% during the forecast period. The packaging industry is creating an enormous amount of opportunities for the paper core cutting market. Paper cores are being majorly used in tapes, labels, adhesives, and other applications. Also, with the growing concerns over plastic use and its environmental hazards, packaging manufacturers are moving towards the use of paper and paper boards. As a result, the packaging segment is anticipated to create growth in paper core cutting machines in the forecast years.
The key players in the paper core cutting machine market are focusing on innovative strategies by developing automatic machines providing maximum output and accurate results. Manufacturers are developing the machines according to the consumer’s demands for the cutting speed, size, and length of the cores.
Key Strategies Adopted by the Players
The major companies are trying to collaborate, which can help them gain competitive advantage, and also gain access to advanced technologies.
Companies are trying to improve their production efficiency and accuracy by highly investing in research and development. Some of the companies are trying to provide the product with minimum cost, which can be affordable for small and medium scale. This can eventually increase the adoption rate of the paper core cutting machine.
The major key players are investing and expanding their channels into emerging economies which can help them gain market position. This strategy is helping them to increase their customer base.
Key Developments in the Paper Core Cutting Machine Market:
Table 01: Global Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 02: Global Market Volume (Tonnes) Analysis, By Operating Speed, 2018H to 2033F
Table 03: Global Market Value (US$ Million) Analysis, by Automation, 2018H to 2033F
Table 04: Global Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 05: Global Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 06: Global Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 07: Global Market Value (US$ Million) Analysis, by Region, 2018H to 2033F
Table 08: Global Market Volume (Tonnes) Analysis, by Region, 2018H to 2033F
Table 09: North America Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 10: North America Market Volume (Tonnes) Analysis, By Automation, 2018H to 2033F
Table 11: North America Market Value (US$ Million) Analysis, by Operating Speed, 2018H to 2033F
Table 12: North America Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 13: North America Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 14: North America Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 15: North America Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 16: North America Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 17: Latin America Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 18: Latin America Market Volume (Tonnes) Analysis, By Operating Speed, 2018H to 2033F
Table 19: Latin America Market Value (US$ Million) Analysis, by Automation, 2018H to 2033F
Table 20: Latin America Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 21: Latin America Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 22: Latin America Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 23: Latin America Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 24: Latin America Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 25: East Asia Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 26: East Asia Market Volume (Tonnes) Analysis, By Operating Speed, 2018H to 2033F
Table 27: East Asia Market Value (US$ Million) Analysis, by Automation, 2018H to 2033F
Table 28: East Asia Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 29: East Asia Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 30: East Asia Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 31: East Asia Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 32: East Asia Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 33: South Asia & Pacific Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 34: South Asia & Pacific Market Volume (Tonnes) Analysis, By Operating Speed, 2018H to 2033F
Table 35: South Asia & Pacific Market Value (US$ Million) Analysis, by Automation, 2018H to 2033F
Table 36: South Asia & Pacific Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 37: South Asia & Pacific Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 38: South Asia & Pacific Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 39: South Asia & Pacific Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 40: South Asia & Pacific Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 41: Western Europe Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 42: Western Europe Market Volume (Tonnes) Analysis, By Operating Speed, 2018H to 2033F
Table 43: Western Europe Market Value (US$ Million) Analysis, by Automation, 2018H to 2033F
Table 44: Western Europe Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 45: Western Europe Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 46: Western Europe Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 47: Western Europe Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 48: Western Europe Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 49: Eastern Europe Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 50: Eastern Europe Market Volume (Tonnes) Analysis, By Operating Speed, 2018H to 2033F
Table 51: Eastern Europe Market Value (US$ Million) Analysis, by Automation, 2018H to 2033F
Table 52: Eastern Europe Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 53: Eastern Europe Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 54: Eastern Europe Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 55: Eastern Europe Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 56: Eastern Europe Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 57: Central Asia Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 58: Central Asia Market Volume (Tonnes) Analysis, By Automation, 2018H to 2033F
Table 59: Central Asia Market Value (US$ Million) Analysis, by Operating Speed, 2018H to 2033F
Table 60: Central Asia Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 61: Central Asia Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 62: Central Asia Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 63: Central Asia Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 64: Central Asia Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 65: Russia & Belarus Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 66: Russia & Belarus Market Volume (Tonnes) Analysis, By Automation, 2018H to 2033F
Table 67: Russia & Belarus Market Value (US$ Million) Analysis, by Operating Speed, 2018H to 2033F
Table 68: Russia & Belarus Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 69: Russia & Belarus Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 70: Russia & Belarus Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 71: Russia & Belarus Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 72: Russia & Belarus Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 73: Balkan Countries Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 74: Balkan Countries Market Volume (Tonnes) Analysis, By Automation, 2018H to 2033F
Table 75: Balkan Countries Market Value (US$ Million) Analysis, by Operating Speed, 2018H to 2033F
Table 76: Balkan Countries Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 77: Balkan Countries Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 78: Balkan Countries Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 79: Balkan Countries Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 80: Balkan Countries Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 81: Baltic Countries Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 82: Baltic Countries Market Volume (Tonnes) Analysis, By Automation, 2018H to 2033F
Table 83: Baltic Countries Market Value (US$ Million) Analysis, by Operating Speed, 2018H to 2033F
Table 84: Baltic Countries Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 85: Baltic Countries Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 86: Baltic Countries Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 87: Baltic Countries Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 88: Baltic Countries Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Table 89: MEA Market Value (US$ Million) Analysis, By Automation, 2018H to 2033F
Table 90: MEA Market Volume (Tonnes) Analysis, By Automation, 2018H to 2033F
Table 91: MEA Market Value (US$ Million) Analysis, by Operating Speed, 2018H to 2033F
Table 92: MEA Market Volume (Tonnes) Analysis, by Operating Speed, 2018H to 2033F
Table 93: MEA Market Value (US$ Million) Analysis, by End Use, 2018H to 2033F
Table 94: MEA Market Volume (Tonnes) Analysis, by End Use, 2018H to 2033F
Table 95: MEA Market Value (US$ Million) Analysis, by Country, 2018H to 2033F
Table 96: MEA Market Volume (Tonnes) Analysis, by Country, 2018H to 2033F
Figure 01: Global Market Share Analysis By Automation, 2023E & 2033F
Figure 02: Global Market Y-o-Y Analysis By Automation, 2018H to 2033F
Figure 03: Global Market Attractiveness Analysis By Automation, 2023E to 2033F
Figure 04: Global Market Share Analysis by Operating Speed, 2023E & 2033F
Figure 05: Global Market Y-o-Y Analysis by Operating Speed, 2018H to 2033F
Figure 06: Global Market Attractiveness Analysis by Operating Speed, 2023E to 2033F
Figure 07: Global Market Share Analysis by End Use, 2023E & 2033F
Figure 08: Global Market Y-o-Y Analysis by End Use, 2018H to 2033F
Figure 09: Global Market Attractiveness Analysis by End Use, 2023E to 2033F
Figure 10: Global Market Share Analysis by Region 2023E & 2033F
Figure 11: Global Market Y-o-Y Analysis by Region, 2018H to 2033F
Figure 12: Global Market Attractiveness Analysis by Region, 2023E to 2033F
Figure 13: North America Market Attractiveness Analysis by Automation, 2023E to 2033F
Figure 14: North America Market Y-o-Y Analysis By Operating Speed, 2018H to 2033F
Figure 15: North America Market Value Share Analysis by End Use 2023(E)
Figure 16: North America Market Share Analysis by Country, 2023E & 2033F
Figure 17: Latin America Market Attractiveness Analysis by Automation, 2023E to 2033F
Figure 18: Latin America Market Y-o-Y Analysis By Operating Speed, 2018H to 2033F
Figure 19: Latin America Market Value Share Analysis by End Use 2023(E)
Figure 20: Latin America Market Share Analysis by Country, 2023E & 2033F
Figure 21: East Asia Market Attractiveness Analysis by Automation, 2023E to 2033F
Figure 22: East Asia Market Y-o-Y Analysis By Operating Speed, 2018H to 2033F
Figure 23: East Asia Market Value Share Analysis by End Use 2023(E)
Figure 24: East Asia Market Share Analysis by Country, 2023E & 2033F
Figure 25: South Asia & Pacific Market Attractiveness Analysis by Automation, 2023E to 2033F
Figure 26: South Asia & Pacific Market Y-o-Y Analysis By Operating Speed, 2018H to 2033F
Figure 27: South Asia & Pacific Market Value Share Analysis by End Use 2023(E)
Figure 28: South Asia & Pacific Market Share Analysis by Country, 2023E & 2033F
Figure 29: Western Europe Market Attractiveness Analysis by Automation, 2023E to 2033F
Figure 30: Western Europe Market Y-o-Y Analysis By Operating Speed, 2018H to 2033F
Figure 31: Western Europe Market Value Share Analysis by End Use 2023(E)
Figure 32: Western Europe Market Share Analysis by Country, 2023E & 2033F
Figure 33: Eastern Europe Market Attractiveness Analysis by Automation, 2023E to 2033F
Figure 34: Eastern Europe Market Y-o-Y Analysis By Operating Speed, 2018H to 2033F
Figure 35: Eastern Europe Market Value Share Analysis by End Use 2023(E)
Figure 36: Eastern Europe Market Share Analysis by Country, 2023E & 2033F
Figure 37: Central Asia Market Attractiveness Analysis by Automation, 2023E to 2033F
Figure 38: Central Asia Market Y-o-Y Analysis By Operating Speed, 2018H to 2033F
Figure 39: Central Asia Market Value Share Analysis by End Use 2023(E)
Figure 40: Central Asia Market Share Analysis by Country, 2023E & 2033F
Figure 41: Russia & Belarus Market Attractiveness Analysis by Automation, 2023E to 2033F
Figure 42: Russia & Belarus Market Y-o-Y Analysis By Operating Speed, 2018H to 2033F
Figure 43: Russia & Belarus Market Value Share Analysis by End Use 2023(E)
Figure 44: Russia & Belarus Market Share Analysis by Country, 2023E & 2033F
Figure 45: Balkan Countries Market Attractiveness Analysis by Automation, 2023E to 2033F
Figure 46: Balkan Countries Market Y-o-Y Analysis By Operating Speed, 2018H to 2033F
Figure 47: Balkan Countries Market Value Share Analysis by End Use 2023(E)
Figure 48: Balkan Countries Market Share Analysis by Country, 2023E & 2033F
Figure 49: Baltic Countries Market Attractiveness Analysis by Automation, 2023E to 2033F
Figure 50: Baltic Countries Market Y-o-Y Analysis By Operating Speed, 2018H to 2033F
Figure 51: Baltic Countries Market Value Share Analysis by End Use 2023(E)
Figure 52: Baltic Countries Market Share Analysis by Country, 2023E & 2033F
Figure 53: MEA Market Attractiveness Analysis by Automation, 2023E to 2033F
Figure 54: MEA Market Y-o-Y Analysis By Operating Speed, 2018H to 2033F
Figure 55: MEA Market Value Share Analysis by End Use 2023(E)
Figure 56: MEA Market Share Analysis by Country, 2023E & 2033F
Figure 57: USA Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 58: USA Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 59: USA Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 60: Canada Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 61: Canada Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 62: Canada Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 63: Brazil Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 64: Brazil Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 65: Brazil Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 66: Mexico Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 67: Mexico Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 68: Mexico Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 69: Germany Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 70: Germany Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 71: Germany Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 72: Italy Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 73: Italy Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 74: Italy Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 75: France Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 76: France Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 77: France Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 78: United Kingdom Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 79: United Kingdom Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 80: United Kingdom Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 81: Spain Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 82: Spain Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 83: Spain Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 84: Russia Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 85: Russia Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 86: Russia Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 87: GCC Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 88: GCC Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 89: GCC Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 90: South Africa Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 91: South Africa Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 92: South Africa Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 93: Japan Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 94: Japan Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 95: Japan Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 96: India Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 97: India Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 98: India Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 98: China Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 99: China Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 100: China Market Value Share Analysis, by End Use, 2023E & 2033F
Figure 101: Australia Market Value Share Analysis, by Automation, 2023E & 2033F
Figure 102: Australia Market Value Share Analysis, By Operating Speed, 2023E & 2033F
Figure 103: Australia Market Value Share Analysis, by End Use, 2023E & 2033F
Rising automation and the need for accurate and precise manufacturing are the top trends.
Higher maintenance costs indirectly affect the cost of production and limit growth.
The manufacturing sector in China requires automated machines and propels market growth.
The need for faster production rates drives sales.
The market is forecast to register a CAGR of 3.4% through 2033.
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