According to Cognitive Market Research, The Global Folding Machine market is USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 8.50% from 2023 to 2030.
The demand for folding machines market is rising due to rapid urbanization, increased disposable income of consumers, and the rising adoption of folding machines by apparel manufacturers, hotels, and hospitals.
Demand for manufacturing remains higher in the folding machine market.
The fully automatic category held the highest folding machine market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific folding machine market will experience the strongest growth until 2030.