This is a paper cup machine from China.
I am afraid that if the machines in most industries develop at this rate, in the future. more than 80 % of the industries will be overcapacity. The reason for this is that the machines are constantly being updated and advanced.
In the absence of smart phones, we can't imagine getting books, education, entertainment, takeaway food, taxis, many things in life through mobile phones.
The advent of AI will in turn further help machines to progress in terms of software design and learning.
The 4-yearly Drupa exhibition in Germany, machine manufacturers who fail to keep up with the introduction of advanced equipment every 4 years. Then, they will face losing business opportunities or even being eliminated in the next 4 years.
There is no doubt that China maintains a good development in equipment. I believe the future will also have a good performance. China's market is too competitive, so to stay competitive, it must keep developing new technology.
The customer's demands on the machine will also become different from what they were before, and the durability of the machine may become unimportant. Instead, faster production speeds, fewer personnel, less maintenance, and more intelligence will become more important. At the same time the life span for purchasing a new machine will be shorter.
For paper traders, there are many factories in China that produce slitting machines, rewinding machines, laminating machines and so on. How to choose a suitable machine represents the competitiveness you have among your competitors in the coming years (at least 3-5 years).
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