The road for converting machine companies to break through barriers amid intensified industry competition

In 2023, the global tissue market has continued to grow. Industry production capacity driven by massive investment has been further released. According to the research and summary of the Tissue Paper Professional Committee of the China Paper Association

In 2023, the global tissue market has continued to grow. Industry production capacity driven by massive investment has been further released. According to the research and summary of the Tissue Paper Professional Committee of the China Paper Association, the total production capacity and consumption of China's household paper industry has reached 20 million tons and 11.847 million tons respectively in 2022. China has become the world's largest producer and consumer of household paper. At the same time, investment in the domestic household paper industry has grown too fast, and periodic overcapacity has become increasingly prominent. In addition, product homogeneity is serious, industry market competition is extremely fierce, and manufacturing companies are facing low-price competition.

For converting equipment companies such as folding and packaging, the aging of the population also means a reduction in the number of employees and a continued rise in labor costs. Therefore, the industry and market not only have ever-increasing product quality requirements (such as higher softness, bulk, water absorbency, etc.), but also the need for production equipment with higher speed and efficiency, as well as the increased demand for automation and intelligence of converting equipment.

Strengthening R&D innovation in processing production line intelligence, remote control and other aspects, and developing differentiated products have become the general trend for the development of domestic enterprises, and it is also the road for post-converting equipment companies to break through.

The MY Group has always had a keen market vision. From the innovating of paper tissue machines to cotton soft towel machines and bottom-drawn tissue dual-use machines, we have accurately met consumer needs in terms of application and quality. In 2024, MY has launched a number of technological innovation and upgrade projects, including upgrading the production speed of folding machines, upgrading the applicable weight range of base paper/cloth, the research and development of PP wood pulp non-woven fabric embossing devices, and electrical control upgrades (through 10 sets of servo to achieve more stable operation and more precise control of the jumbo roll back stand, front insertion, cloth catching, folding, lifting, counting, flipping and other devices), etc., aiming to further create differentiated competitiveness for customers, reduce costs and improve efficiency.