The most recent market study on die-cutting machines predicts that during the forecast period (2023 to 2033), demand will increase globally at a CAGR of 2.3 %. The study’s goal is to examine significant market dynamics and identify important trends and opportunities that will boost Die-Cutter sales over the next ten years.
The factors influencing the shift in consumer behaviour and purchasing patterns are thoroughly examined in the report. In order to help market participants identify lucrative segments, it also offers refined sales projections.
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Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Die-Cutter
With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.
In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Die-Cutter market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
Key Die-Cutter Market Takeaways and Projections
- The U.S. is expected to lead the North America Die-Cutter market, projecting the fastest growth in the region between 2021 and 2031
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.
Report Benefits & Key Questions Answered
- Die-Cutter Historical Market Analysis: The detailed survey by FMI, examines key factors in the Die-Cutter market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Die-Cutter market for the forecast period 2021-2031.
- Die-Cutter Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Die-Cutter for the assessment period. As per the study, the demand for Die-Cutter will grow at a robust CAGR between 2021 and 2031.
- Die-Cutter Market Trend Analysis: The latest study by FMI on the Die-Cutter market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
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Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Die-Cutter market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
Key Segments of Die-Cutter Market Covered in the Report
Based on Machine Type:
- Manual
- Semi-automatic
- Automatic
Based on the Application:
- Die-cutting/Through cutting
- Perforating
- Scoring
- Creasing
- Slitting
Based on the End Use:
- Pharmaceutical & Healthcare
- Textiles
- Automobile
- Industrial & Manufacturing
- Others (Construction, etc.)
Based on the Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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