Cleveland, OH, March 29, 2018 — US paper industry machinery demand is forecast to total $3.6 billion in 2022, according to Paper Industry Machinery: United States, a report recently released by Freedonia Focus Reports. Increasing paper and paperboard production and the desire of producers to reduce operating costs through upgrades to more efficient machinery will drive gains over the forecast period.
Demand for converting machinery is projected to grow the fastest and remain the largest of any segment through 2022. Domestic suppliers will benefit from the upward trend in paper product shipments projected through 2022.
These and other key insights are featured in Paper Industry Machinery: United States. This report forecasts US paper industry machinery demand and shipments in nominal US dollars at the manufacturer level to 2022. Total demand and shipments are segmented by product in terms of:
- wood preparation and other pulp mill machinery
- paper production machinery
- finishing machinery
- converting machinery
- parts and attachments
To illustrate historical trends, total demand, total shipments, the various demand segments, and trade are provided in annual series from 2007 to 2017.
More information about the report is available at https://www.freedoniafocusreports.com/Paper-Industry-Machinery-United-States-FF75023/.