Growth in Education Industry Expected to Drive Global Letter Folding Machine Market: Ken Research

Letter folding machine is a specific device/machine used to fold the paper, usually for mailings.  It is commonly referred as paper folders. These machines are extensively used to create letter folds (C Folds) and accordion folds (Z Folds). Other commonly used folds include a fold-out, gate (brochure) fold, half fold, double parallel fold, and right angle fold. There are a wide range of letter folding machines are available that can make it easier for the publishers to fold any type of paper in a hassle-free way. These machines are widely used to fold the letter. Household use, industrial use and commercial use are some of the leading applications of the letter folding machine. There are numerous benefits of using folding machines such as save time, increase productivity, increase efficiency, reduced employee fatigue, more uniformity, remote use, save money, no more outsourcing, less maintenance, better the business, add professional touch and create a better quality product etc.

Several feeding mechanisms are utilized for a letter folding machine, which depend on the volume & type of paper it handles. The manual-feed letter folding machine is primarily designed for the light use like folding business correspondence. In addition, friction-feed letter folding machine primarily uses a series of wheels to pull any type of letter or paper into the machine for folding. However, these wheels can leave the smudges or damage the paper. The most exclusive models use an air feed that sucks the paper in with the burst of air. For a business that handles glossy paper or delicate jobs, an air-feed mechanism is usually recommended.

As per analysis, “Global Letter Folding Machine Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global letter folding machine market include Intelli-Zone, Pitneybowes, Duplo, Neopos, Formax, MBM, Postroom, FP, Martin Yale, Dynafold and among others. The leading industry players are engaged in developing new products variants to increase their market share and gain the traction in global marketplace. Players are also predicted to remain active in the letter folding machine market throughout the forecasting period. The companies are engaging in various strategic acquisitions including application dominance, product launches, Research & Development (R&D), agreements, product width & breadth, and collaborations to gain the market share.

Based on type, letter folding machine market can be segmented as Z-fold, letter fold, half-fold and double-fold. In addition, based on application, market can be segmented as home use and commercial use.

The letter folding machine market is driven by increase in education industry, followed by growth in commercial business. However, inclination towards sending documents online may impact the market. Moreover, rise in demand in emerging economy and surge in technological advancements in the letter folding machine are leading opportunities for market. Furthermore, high cost associated with letter folding machine is a major challenge for global market. Based on geography, the North-America and Europe regions hold major share in global letter folding machine market owing to growth in commercial sector across the region. The Asia-Pacific region is estimated to witness higher growth rate due to rise in demand from education industry over the forecast period.

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Global Letter Folding Machine Market

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