Report Update Nov 1, 2024

Singapore - Machines for Making Bags, Sacks or Envelopes of Paper or Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Paper Bag Machine Market 2024

Paper Bag Machine Market Size in Singapore

In 2022, the Singaporean paper bag machine market increased by 210% to $X, rising for the second year in a row after two years of decline. In general, consumption continues to indicate a strong expansion. Paper bag machine consumption peaked in 2022 and is expected to retain growth in the immediate term.

Paper Bag Machine Production in Singapore

In value terms, paper bag machine production fell remarkably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a precipitous decline. The most prominent rate of growth was recorded in 2019 with an increase of 47% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Paper Bag Machine Exports

Exports from Singapore

In 2022, approx. X units of machines for making bags, sacks or envelopes of paper or paperboard were exported from Singapore; remaining relatively unchanged against the previous year's figure. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 200%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper bag machine exports amounted to $X in 2022. Overall, exports recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 173% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X units) and Thailand (X units) were the main destinations of paper bag machine exports from Singapore.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +17.0%).

In value terms, Thailand ($X), Malaysia ($X) and Indonesia ($X) constituted the largest markets for paper bag machine exported from Singapore worldwide.

Among the main countries of destination, Thailand, with a CAGR of +52.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average paper bag machine export price stood at $X per unit in 2022, standing approx. at the previous year. Over the period under review, the export price showed a pronounced slump. The growth pace was the most rapid in 2017 when the average export price increased by 34%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+2,679.9%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Bag Machine Imports

Imports into Singapore

Paper bag machine imports into Singapore surged to X units in 2022, increasing by 38% against the year before. Over the period under review, imports, however, saw a slight descent. The growth pace was the most rapid in 2021 with an increase of 225% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, paper bag machine imports surged to $X in 2022. In general, imports posted modest growth. The pace of growth appeared the most rapid in 2021 when imports increased by 190%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, China (X units) was the main supplier of paper bag machine to Singapore, with a 94% share of total imports. Moreover, paper bag machine imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +35.8%.

In value terms, China ($X) constituted the largest supplier of machines for making bags, sacks or envelopes of paper or paperboard to Singapore, comprising 94% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 4.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +49.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-12.5% per year) and Germany (+4.1% per year).

Import Prices by Country

In 2022, the average paper bag machine import price amounted to $X per unit, rising by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for making bags, sacks or envelopes of paper or paperboard in the world?

The countries with the highest volumes of in 2021 were Nigeria, China and the United States, together accounting for 28% of global consumption.

What are the largest producers of machines for making bags, sacks or envelopes of paper or paperboard in the world?

The country with the largest volume of paper bag machine production was China, comprising approx. 50% of total volume. Moreover, paper bag machine production in China exceeded the figures recorded by the second-largest producer, Germany, fourfold. Japan ranked third in terms of total production with a 6.4% share.

What are the leading suppliers of machines for making bags, sacks or envelopes of paper or paperboard to Singapore?

In value terms, Malaysia and China constituted the largest paper bag machine suppliers to Singapore.

What are the leading importers of machines for making bags, sacks or envelopes of paper or paperboard from Singapore?

In value terms, Malaysia remains the key foreign market for paper bag machine exports from Singapore.

What is the average export price for machines for making bags, sacks or envelopes of paper or paperboard in Singapore?

The average paper bag machine export price stood at $156,118 per unit in 2021, reducing by -9.7% against the previous year.

What is the average import price for machines for making bags, sacks or envelopes of paper or paperboard in Singapore?

In 2021, the average paper bag machine import price amounted to $99,629 per unit, with an increase of 3.3% against the previous year.

This report provides an in-depth analysis of the paper bag machine market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28951150 - Machines for making bags, sacks or envelopes of paper or paperboard

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023