Market Share of Paper Cups & Container Forming Equipment Industry
The paper cups and container forming market is fragmented, with major players such as Paper Machinery Corporation, Nessco India, and Horauf America LLC, among others, vying to increase their market share by introducing new products, showcasing their equipment in expos and trade shows, expanding their operations, and entering strategic mergers and acquisitions.
- In April 2024, Paper Machinery Corporation, a US-based company, announced its participation in the Drupa Trade Show in Dusseldorf, Germany, in May 2024. The company planned to showcase its cutting-edge advancements in paper cup-forming equipment and paper lid machines.
- In January 2024, Michael Horauf Maschinenfabrik GmbH and Co. KG, a German brand, announced the launch of the BMP 300 Super Extended paper cup forming machine to produce extra-large packaging cups and containers with high output. The machine can produce up to 230 cups per minute.
Paper Cups & Container Forming Equipment Market Leaders
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Paper Machinery Corporation
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Nessco India
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Ruian Mingyuan Machinery Co. Ltd.
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Sahil Graphics
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Michael Horauf Maschinenfabrik GmbH and Co. KG
*Disclaimer: Major Players sorted in no particular order