The pulp and paper industry has become one of the largest industries in the world, led by manufacturers in North America, Northern Europe and East Asia.
Although the business income and output of this industry have increased, it is still reshaped by some major trends such as globalization, environmentalism, digitalization and e-commerce.
The changes in the industry caused by these trends, together with increased competition and increasingly stringent health, safety and environmental regulations, have led to increased costs, making it more difficult than ever for manufacturers to maintain profits. The pattern of competition also limits the capital investment ability of many companies, which makes machine efficiency and utilization become the top priority for the company to achieve successful development.