The global unfinished paper manufacturing market, a part of the AAA industry, grew at a compound annual growth rate (CAGR) of around 2% during the historic period. The AAA industry showed a steady growth. The growth is mainly due to the increased demand for solid fiber box and corrugated paper box from the food and beverage, retail and packaging industries.
In the forecast period, the global unfinished paper manufacturing market size is expected to be over $900 billion by 2021, growing at a CAGR of nearly 3%. This is expected due to the demand for corrugated and solid fiber box from the retail and e-commerce industries as well as growth in the newsprint industry in the region. Furthermore, rising population, increase in dispensable income, and increasing per capita incomes are expected to drive the global unfinished paper manufacturing market in the future.
Find TBRC’s report on the unfinished paper manufacturing market: https://www.thebusinessresearchcompany.com/report/unfinished-paper-manufacturing-global-market-report-2018
Smarter Manufacturing in paper mills is getting faster and leaner with the adoption of sensor and wireless technologies. Sensors are generating insights for improving process efficiencies and reduce potential breakdowns. Wireless technology is aiding the implementation of sensor technology in manufacturing units.
Major companies in the unfinished paper manufacturing market, offering smart technology include Georgia-Pacific Corporation, International Paper, Kimberly Clark Corporation, Tetra Laval Group, Svenska Cellulosa Aktiebolaget.
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