According to a recent Future Market Insights study, the worldwide leather embossing machine market is positioned for significant growth in the next years. With a projected value pool of US$ 45 billion by the end of 2023, this industry is likely to have a considerable increase in demand and adoption over the next decade, with a 4.5% CAGR driving its value to US$ 70 billion by 2033.
Increasing usage of machines and demand for high-quality products in various industries coupled with the installation of smart devices in the machinery are some of the factors propelling the growth of the Leather Embossing Machine Market in the industrial automation industry. Industries are implementing automation to increase productivity and reduce labor costs. FMI provides detailed insights about the industry for the Market players to craft their long-term strategies to maintain the competitive edge in the industry.
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To receive detailed insights about the Leather Embossing Machine Market, our experts relies on primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.
Understanding the Impact of Covid-19 on Industrial Automation Industry
The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, the dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2020.
Lack of human assistance and key player’s hesitation in investing for high-end machinery during the pandemic has negatively impacted the industrial automation industry in 2020. However, with relaxation in lockdown, the Leather Embossing Machine Market has picked up the pace.
The FMI’s recent report talks about the Market scenario in the chapter on the COVID-19 impact analysis to aid the Market players for the upcoming years. The report gives a detailed Market analysis surrounding the Market condition and its impact on the Leather Embossing Machine Market.
Key Questions Answered in the Report:
- What are the key trends and challenges that will affect global Leather Embossing Machine Market in upcoming years?
- What are the factors that will influence the Leather Embossing Machine Market demand?
- Which region will be the most lucrative for Leather Embossing Machine Market throughout the forecast period?
- How will evolving regulatory policies impact the Market growth?
- What is the impact of Covid-19 on the Leather Embossing Machine Market?
Who are the Key Manufacturers and Suppliers of Leather Embossing Machine?
- Campbell Randall
- Shanghai UPG International Trading Co., Ltd
- Cerys Corporation Limited
- Crown Machinery Company Limited
- Hangzhouwilling International Co., Ltd.
- Artsgate Trading Pte Ltd.
- Hubei Tengcang Building Materials Technology Co., Ltd.
- Dongguan City South Nekon Machinery Co., LTD
- OMAC srl
- Honggang Cutting Machine CO.,LTD.
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Leather Embossing Machine Market: Segmentation
Key Segments of Leather Embossing Machine Market
By Leather Type:
- Synthetic Leather
- PU (Polyurethane) based leather
- PVC (Polyvinylchloride) based leather
- Bio Based leather
- Real Leather
By Operational Methods:
- Pneumatic
- Manual
- Automatic
By Machine Type:
- Vertical embossing
- Horizontal embossing
- Roll on Presses
- Cylinder Presses
- Air Toggles Presses
By Function:
- Stamping
- Foil Stamping
- Carving
- Punching
- Hot printing
- Cutting
By End-use Industry:
- Footwear
- Furnishing
- Automotive
- Clothing
- Sporting Goods
- Industrial Fabric
- Bags, wallets and purses
- Others
By Region:
- North America (USA, Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, Italy, France, United Kingdom, Spain, NORDICS, BENELUX, Russia)
- East Asia (China, Japan, South Korea)
- South Asia & Pacific (India, ASEAN Countries, Oceania)
- Middle East and Africa (GCC Countries, Turkey, South Africa, Northern Africa)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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