Slitting machine

Global Slitting Machine Market Size, by Type (Automatic Thermal Paper Slitting Machine), Applications (Packaging, Healthcare & Pharmaceuticals) & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2025

Category: Machinery and Equipment     ID: IRP1769     Date: Sep, 2020
The global slitting machine market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2025, at a CAGR of XX% during 2019 to 2025. Scope of global slitting machine market includes by type (Automatic Thermal Paper Slitting Machine, Automatic Slitting Rewinding Machine, Automatic Roll to Sheet Cutting Machine), by application (Packaging, Healthcare, Pharmaceuticals,) and by region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).
Slitting Machine is an engineering equipment used to transform large rolls of materials, such as paper and aluminum in specific dimensions, and these machines are also known as baloney slicers, bologna cutters, or log slitters. These machines can be used for soft materials as well as hard materials, slitting machine consists of circular or straight blades for soft materials while for hard materials, two cylindrical rolls with matching grooves and ribs are used. Moreover, slitting machine are widely used machine because of its wide use in printing, coating, and laminating industry.
One of the major applications of slitting machine is in packaging industry, which is a key factor stimulating the slitting machine market growth over the forecast period. It is widely used in automation in packaging, metal cutting industry, and in food industry which are the key factors driving the growth of slitting machine market across the globe. Moreover, slitting machine is cost efficient and provide maximum efficiency due to which many industries are widely using slitting machine to achieve high efficiency and to increase productivity, while paper slitting machine would help them in reducing the waste generated by machines and lower the expenditure of manufacturers. However, the rapid growth in the pharmaceuticals, and food industry tends to increase the demand of slitting machine for packaging of medicines and foods. Moreover, the rapid growth of paper, and plastic industry, is also one of the key factor driving the slitting machine market growth across the globe.
However, the slitting machines are prone to injuries which is expected to restrain the product demand over the coming years. With the presence of top key players of market, it is challenging for small manufacturers of slitting machine to invest in the market. Moreover, the increasing demand of high-quality packaged food industry, due to which the key manufacturers of market have introduced slitting machine which is embedded with touch screen programmable logic controller (PLC) which tends to increase the market demand across the globe. Moreover, the highly populated countries in Asia Pacific region, such as India and China have large number of manufacturers of slitting machine and have major role in increasing the demand of market over coming years. However, Europe, and Latin America region estimated to have a positive growth of market, owing to robust growth in packaging industry, and changing the lifestyle of consumers in the region.
The global slitting machine market is primarily segmented by type, application, and region.

In terms of type, the market is split into:
* Automatic Thermal Paper Slitting Machine
* Automatic Slitting Rewinding Machine
* Automatic Roll to Sheet Cutting Machine

In terms of application, the market is divided into:
* Packaging
* Healthcare
* Pharmaceuticals

The market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
* Parkinson Technologies, Inc
* Universal Converting Equipment
* ASHE Converting Equipment
* Parkland Machines Ltd
* Toray Engineering Co.,Ltd.
* HCI Converting Equipment Co., Ltd.
* Hertz Controls Pvt. Ltd.
* Valgo Machinery Private Limited
* Shreeji Tech Engineering
* Ocean International
* Viva Engineering

These enterprises have been focusing on development strategies, such as expansions, new product launches, agreements & partnerships, and acquisitions to expand their business across the globe.
Key Benefits of the Report:
* Global, regional, country, type, and application market size and their forecast from 2015-2025
* Identification and detailed analysis and insights on key market dynamics, such as drivers, opportunities, restraints, and challenges influencing the growth of the market
* Detailed analysis and insights on industry outlook with market specific PESTLE analysis, Porter’s Five Forces analysis, and Value Chain analysis, to achieve a better understanding of the market and prepare expansion strategies
* Identification and comprehensive analysis of key market players and their market share, detailed financial positions, key products, core competencies, and unique selling points
* Identification and analysis of Key players’ competitive developments and strategic initiatives, such as mergers, joint ventures, sales contracts, and new product introduction in the market
* Expert interviews and their insights on current and future outlook, market shift, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, type, and application with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of slitting Machine
* Owing to the volatility seen in the market due to the Global COVID-19 pandemic, businesses around the globe wish to know the impact on their market and how this changes the projections for 2020 and the forthcoming years. Orian Research is in talks with seasoned market analysts and key note speakers to understand the impact of COVID 19 on markets and factors that will bring in stability in the foreseeable future

Target Audience:
* Slitting Machine manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes

Project Analysis

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