The slitter rewinder machines market is surveyed at US$ ~1.2 Billion in 2022 and is projected to show up at US$ ~1.5 Billion by 2028, at a CAGR of 3.8% from 2022 to 2028.
The slitter rewinder machines market saw taking off advancement in 2021 with generally livelihoods up 4.2% year over year. One more guess by FMI checks that slitter rewinder machines livelihoods will augment some place in the scope of 2022 and 2028 close by setting out a consistent opportunity of US$ ~334 Mn during the assessed period.
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As of late let data out of slitter rewinder machines market examination shows that overall arrangements of the general spot winder slitter rewinder machines market is supposed to enroll a CAGR of 3.5% during 2022-2028 close by holding the market worth of US$ ~753 Mn around the completion of 2028.
The slitter rewinder machines market comprise around 2% of the worldwide bundling hardware market worth US$ ~58 Bn in 2021.
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.
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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.
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Sustainability Issues Associated with Plastic to Shape Adoption Patterns
As presented in the report, paper and plastic converting applications continue to cumulatively cover a whopping 94% share in the market value. However, applications in plastic and plastic-based material converting are witnessing a strong challenge for further growth owing to the ascending environmental concerns across the globe. Paper has been projected for a significant incremental opportunity, as highlighted in the report.
As the challenges associated with the use of plastic films and plastic-based materials are raising sustainability concerns to a great extent, the demand for slitter rewinder machines in plastic converting applications is stagnated.
As a result, the sales of center slitter rewinder machines are falling. However, it is conversely pushing prospects of surface winder machines and center-surface winder machines used predominantly in paper converting applications. A few other prominent applications include converting of technical films and a range of pressure sensitive materials.
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