The global sales of paper waste strippers market are estimated to be worth USD 1.5 billion in 2021 and are anticipated to reach a value of USD 2.2 billion by 2031. Sales are projected to rise at a CAGR of 4.1% over the forecast period between 2021 and 2031. The revenue generated by paper waste strippers market in 2020 was USD 1.4 billion.
The need for good recycling processes and waste management solutions from industries dealing in paper and packaging fuels the demand for paper waste strippers. With increasingly strict environmental regulations, coupled with sustainability initiatives, excellent equipment is a must for improving paper recycling and waste.
Innovations in stripper technologies also remain one of the key drivers of this market, as they improve efficiency and enhance the quality of separation in paper waste.
A further demonstration of demand for good paper waste strippers is the extension of worldwide recycling infrastructure hand in glove with rising awareness of environmental impacts. The increase in industrial production, along with the packaging sectors, further fuels the rising demand for these waste management solutions.
Global Paper Waste Strippers Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2020 | USD 1.4 billion |
| Estimated Size, 2021 | USD 1.5 billion |
| Projected Size, 2031 | USD 2.2 billion |
| Value-based CAGR (2021 to 2031) | 4.1% |
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The demand for paper waste strippers has increased owing to the numerous properties of this machine that benefits various industries. Paper waste strippers can be utilized for stripping of cardboard, single and double corrugated paper, double laminated corrugated paper and so on.
The paper waste strippers have improved the efficiency of waste stripping along with saving time for the workers compared to the manual stripping that was very time consuming and tedious as per the bulk production in the industries.
The paper waste strippers are easy to operate and can be used by the workers right after obtaining simple training. The paper waste strippers do not cause any damage to the bonding area while stripping. Paper waste strippers have a long service life depending on the materials stripped and the maintenance of the chain and gears that are used in the machine.
The timely lubrication increases the service life of chains. They are also used for the gluing or packing process in the printing and packaging industry.
The technological advancement has resulted in the introduction of these paper waste strippers that are available in manual, semi-automatic and fully automatic types which are used as per the production levels and requirements of the industries. These paper waste strippers are economical as per the output of the products.
North American paper waste strippers market will have a significant growth in the forecasted period. North American country United States is the largest producer and consumer of paper and paper products and thus it has the highest demand for these paper waste strippers machine for the efficient production.
Principal Consultant
The European market has a growth opportunity in the paper waste strippers market owing to the increase in usage of technologically advanced equipment like fully automatic paper waste strippers in various industries for efficient production. Also, the growing packaging industry will impact the demand in the region.
Some key manufacturers operating the business in the paper waste strippers market globally includes
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Paper Waste Strippers Market
