Market Overview:
The global letter folding machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for letter folding machines from commercial and home users. Additionally, the growing trend of online shopping is also contributing to the growth of this market. Based on type, the global letter folding machine market can be segmented into half-fold, z-fold, double-parallel, and others. The half-fold segment is expected to account for a major share of the global market in 2018 owing to its low cost and easy operation. Based on application, the global letter folding machine market can be divided into commercial use and home use segments.
Product Definition:
A letter folding machine is a piece of office equipment used to fold letters and other flat materials into thirds or fourths. This is done in order to make the material easier to mail. The importance of using a letter folding machine is that it makes the process of mailing much quicker and easier, as well as more accurate.
Half-fold:
The half-fold is a crease that has been made in the paper, which forms an angle of approximately 45 degrees with respect to the original fold. The half-fold technique is used for folding letter sized paper and smaller. It helps in saving material as well as time when compared to other techniques of folding such as four-side or eight-side folding.
The growth factor responsible for the increasing demand for half folded papers are schools.
Z-fold:
Z-fold is a term used in folding machines to refer to the process of creating two copies of a document. The machine consists of two metal arms that hold the paper and then move towards each other, forming two creases along the middle before returning to their original position. This movement is repeated for several movements until multiple pages are folded into fours. Z-folding machines can be manual as well as automatic depending on its type which can handle various sizes of papers and documents efficiently.
Application Insights:
The commercial use segment dominated the global letter folding machine market in 2017, accounting for more than 60.0% share of the total revenue. The segment is expected to witness significant growth over the forecast period owing to an increase in working population and tourism, which has resulted in a rise in demand for hotels and restaurants across various regions including Asia Pacific, Europe and North America. As per a study published by travel industry analytics firm ForwardKeys, Inc., around 20% of all international travelers will have dinner at a restaurant or dine out while traveling; this percentage is expected to increase by around 10% from 2018 to 2019. This factor is projected to fuel demand for letter-folding machines at commercial establishments over the next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing demand for compact and lightweight household appliances. The region is expected to maintain its dominance over the forecast period, with China accounting for a major share of revenue generation. The growing popularity of traditional Chinese medicine (TCM) among consumers from various countries in Asia has boosted product sales, thereby supporting regional growth.
Europe accounted for a significant share of revenue in 2017 due to high demand from several countries including Germany, U.K., Italy and France among others. Growing consumer preference towards fitness centers as well as spas across Europe is anticipated to fuel product adoption across several commercial spaces including gyms and salons/spas over the forecast period.
Growth Factors:
- Increasing demand for customized letters and envelopes
- Rising awareness about the benefits of letter folding machines
- Growing popularity of digital communication methods
- Proliferation of online shopping portals
- Technological advancements in letter folding machine design and functionality
Scope Of The Report
Report Attributes
Report Details
Report Title
Letter Folding Machine Market Research Report
By Type
Half-fold, Z-fold, Double-Parallel, Others
By Application
Commercial Use, Home Use
By Companies
Duplo, Dynafold, Formax, Intelli-Zone, Martin Yale, MBM, FP, Pitneybowes, Neopos, Postroom
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Letter Folding Machine Market Report Segments:
The global Letter Folding Machine market is segmented on the basis of:
Types
Half-fold, Z-fold, Double-Parallel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Use, Home Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Duplo
- Dynafold
- Formax
- Intelli-Zone
- Martin Yale
- MBM
- FP
- Pitneybowes
- Neopos
- Postroom
Highlights of The Letter Folding Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Half-fold
- Z-fold
- Double-Parallel
- Others
- By Application:
- Commercial Use
- Home Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Letter Folding Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A letter folding machine is a device that helps you fold letters into a specific shape. This can be useful for things like invitations, thank-you cards, and other stationary items.
Some of the major companies in the letter folding machine market are Duplo, Dynafold, Formax, Intelli-Zone, Martin Yale, MBM, FP, Pitneybowes, Neopos, Postroom.
The letter folding machine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Letter Folding Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Letter Folding Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Letter Folding Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Letter Folding Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Letter Folding Machine Market Size & Forecast, 2018-2028
4.5.1 Letter Folding Machine Market Size and Y-o-Y Growth
4.5.2 Letter Folding Machine Market Absolute $ Opportunity
Chapter 5 Global Letter Folding Machine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Letter Folding Machine Market Size Forecast by Type
5.2.1 Half-fold
5.2.2 Z-fold
5.2.3 Double-Parallel
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Letter Folding Machine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Letter Folding Machine Market Size Forecast by Applications
6.2.1 Commercial Use
6.2.2 Home Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Letter Folding Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Letter Folding Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Letter Folding Machine Analysis and Forecast
9.1 Introduction
9.2 North America Letter Folding Machine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Letter Folding Machine Market Size Forecast by Type
9.6.1 Half-fold
9.6.2 Z-fold
9.6.3 Double-Parallel
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Letter Folding Machine Market Size Forecast by Applications
9.10.1 Commercial Use
9.10.2 Home Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Letter Folding Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Letter Folding Machine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Letter Folding Machine Market Size Forecast by Type
10.6.1 Half-fold
10.6.2 Z-fold
10.6.3 Double-Parallel
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Letter Folding Machine Market Size Forecast by Applications
10.10.1 Commercial Use
10.10.2 Home Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Letter Folding Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Letter Folding Machine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Letter Folding Machine Market Size Forecast by Type
11.6.1 Half-fold
11.6.2 Z-fold
11.6.3 Double-Parallel
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Letter Folding Machine Market Size Forecast by Applications
11.10.1 Commercial Use
11.10.2 Home Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Letter Folding Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Letter Folding Machine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Letter Folding Machine Market Size Forecast by Type
12.6.1 Half-fold
12.6.2 Z-fold
12.6.3 Double-Parallel
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Letter Folding Machine Market Size Forecast by Applications
12.10.1 Commercial Use
12.10.2 Home Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Letter Folding Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Letter Folding Machine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Letter Folding Machine Market Size Forecast by Type
13.6.1 Half-fold
13.6.2 Z-fold
13.6.3 Double-Parallel
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Letter Folding Machine Market Size Forecast by Applications
13.10.1 Commercial Use
13.10.2 Home Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Letter Folding Machine Market: Competitive Dashboard
14.2 Global Letter Folding Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Duplo
14.3.2 Dynafold
14.3.3 Formax
14.3.4 Intelli-Zone
14.3.5 Martin Yale
14.3.6 MBM
14.3.7 FP
14.3.8 Pitneybowes
14.3.9 Neopos
14.3.10 Postroom
