QYR Market Research Global Color Sorter Market Research | Page 5

QYResearch
Demand is driven by demographics and the health of the economy. The
profitability of individual companies depends on their ability to bid
accurately, secure contracts, and control costs. Large companies enjoy
economies of scale in financing and the ability to offer a broad range of
services in many locations. Smaller companies can compete effectively by
specializing in particular services or focusing on certain geography.
On the basis of region, Asia-Pacific is the largest market segment of
Greaseproof Paper, with a revenue market share nearly 51.32% in 2017,
followed by North America.