The Industrial and Material Production industry, encompassing sub-industries such as Wood and Paper Products and Manufacturing, is a cornerstone of global economic development. The global manufacturing market is projected to reach $12 trillion by 2025, driven by advancements in automation, robotics, and smart manufacturing technologies. The wood and paper products market is expected to grow to $482 billion by 2026, with a CAGR of 4.3%, fueled by the increasing demand for sustainable packaging and construction materials
29%
Digital twins are being widely adopted by manufacturing companies to efficiently and cost-effectively analyze complex systems and enhance overall efficiency. This technology allows enterprises to conduct thorough analyses of machinery and projects without the need for physical testing, leading to significant savings and improved performance.
78%
Blockchain has become a vital tool for enterprises worldwide, ensuring that the materials produced and utilized are sourced ethically and transparently. This technology guarantees transparency, reduces the risk of alterations, and prevents forgery, thereby enhancing the integrity of supply chains.
400%
Despite widespread digitization across various industries, the demand for paper continues to rise, raising significant questions about the sustainability of this trend and the measures needed to ensure responsible exploitation of these resources.
