Anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 3.6% between 2023 and 2033, the slitter rewinder machines market is expected to witness a growth in valuation from US$ 1.2 billion in 2023 to reach US$ 1.7 billion by 2033.
In the current market landscape, slitter rewinder machines are experiencing heightened demand across diverse end-use sectors, encompassing plastic film, paper & board, foils, laminates, and more. These machines play a crucial role in the industrial process by efficiently cutting large rolls of materials such as paper, plastic, or other substrates into smaller rolls, either for immediate use or for subsequent processing to manufacture finished goods. Renowned as slitting and rewinding machines, they integrate two separate units into a unified system, enhancing efficiency in material processing and contributing to streamlined production processes.
North America dominates the slitter rewinder machine market in terms of market share and revenue, and this dominance is expected to continue during the forecast period. This region’s market growth can be due to rising consumer awareness of the benefits of utilizing sustainable products.
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The substantial growth of China’s packaging machinery industry, particularly in the paper rewinding machines segment, stands out as a pivotal factor propelling the market. According to the Italian Trade Agency (ITA), the packaging machinery industry in China achieved a significant valuation of US$ 5.6 billion in 2018, with further growth anticipated. This remarkable expansion is driven by the burgeoning packaging sector, inclusive of slitter rewinder machines, which is poised to sustain its upward trajectory throughout the forecast period in China.
In contrast, the broader Asia Pacific region is poised for rapid growth over the projection period. This is primarily due to the region’s burgeoning manufacturing footprint and its attractive manufacturing environment, which fosters the demand for advanced machinery such as slitter rewinder machines.
Center-surface and Surface Winder Machines to Buckle-up
With more than 50% share of the total revenue of slitter rewinder machines market at present, the center winder type of slitter rewinder machines continues to dominate. Although low price point has been the key driver for sales growth of this type of slitter rewinder machines over the years, it is more likely that this segment will witness a sluggish growth in revenue over the next few years, says the report.
However, attributed to a relatively superior control over the tension created in rewinding material, surface winder and center-surface winder types of slitter rewinder machines are projected to gather ground at a rapid pace, according to the report.
High Speed Converting Applications to Gain Momentum
High speed rewinding is constantly witnessing growing demand, subsequently pushing the sales of slitter rewinder machines operating at above 800 m/min. This remains the top selling segment in the speed category of slitter rewinder machines landscape that currently accounts for over 40% share in the total market value.
Whereas, the report positions 601-800 m/min as the next popular segment in slitter rewinder machines market.
Market Trends and Growth Prospects
The Slitter Rewinder Machines Market is witnessing a growing demand for customized solutions that cater to specific industry requirements. Additionally, the focus on sustainable practices and energy-efficient operations is driving the adoption of eco-friendly technologies. With emerging economies investing heavily in infrastructure development, the market is poised for substantial growth.
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The Key Players Are
- KAMPF Schneidmaschinen für SRF
- NISHIMURA MFG. Co., Ltd.
- HAGIHARA INDUSTRIES INC.
- Atlas Converting Equipment Ltd.
- Euromac Costruzioni Meccaniche s.r.l.
- GOEBEL Schneid und Wickelsysteme GmbH
- Jennerjahn Machine, Inc.
- Kataoka Machine Co., Ltd.
- Deacro Industries Ltd.
- Parkinson Technologies
- Hangzhou Dahua Industry Control Technology Co., Ltd.
- PSA Technology
- Ashe Converting Equipment Ltd.
- others
APEJ Continues to Reflect Hefty Investment Potential
With more than 35% of the total market value and a substantial incremental opportunity projection, APEJ remains the most lucrative region for penetration of slitter rewinder machines.
On the other side, North America and Western Europe hold a relatively similar share in the market value, representing the second highest performing regions in slitter rewinder machines marketplace.
Rampant expansion of plastic and packaging industries across developing Asian economies is prominently attributed to the growth of APEJ market for slitter rewinder machines.
Brisk growth in the demand for converting applications is identified to be a strong factor propelling the number of converting firms – thereby fueling the revenue growth of slitter rewinder machines market.
The flourishing paper industry in MEA is most likely to create lucrative deployment opportunities for manufacturers and suppliers of slitter rewinder machines in the region. The report indicates a moderate yearly revenue of MEA slitter rewinder machines market in and ahead of 2023.
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Slitter Rewinder Machines Market Key Segment
By Maximum Operating Speed:
- Less than 300 m/min
- 300 to 600 m/min
- 601 to 800 m/min
- Above 800 m/min
By Machine Type:
- Centre Winder
- Surface Winder
- Centre-surface Winder
By Substrate:
- Paper
- Plastic
- Metal
- Textile
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