The global paper slitting machine market is anticipated to gain traction from the rising initiatives by several organizations to lower energy consumption of the paper slitting machine by surging production capacity and bringing in digitization. This information is given by Fortune Business Insights™ in a recently published report, titled, “Paper Slitting Machine Market Size, Share & Industry Analysis, By Blade Type (Razor Blade, Shear Blade, and Air Score Blade), By Technology (Manual, Semi-Automatic, and Fully Automatic) and Regional Forecast, 2020-2027.” The report further mentions that the paper slitting machine market size was USD 417.4 million in 2019 and is projected to reach USD 548.6 million by 2027, exhibiting a CAGR of 3.5% during the forecast period.
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This Report Answers the Following Questions:
- What are the growth drivers and trends of the market?
- How will the companies boost sales of paper slitting machine in the near future?
- Which region would lead the market by generating the highest revenue?
- What is the competitive scenario of the market?
Fortune Business Insights™ provides a list of all the paper slitting machine manufacturers operating in the market. They are as follows:
- Parkland Machines Ltd (England)
- ASHE Converting Equipment (England)
- SOMA (Czech Republic)
- ATLAS CONVERTING EQUIPMENT LT (United Kingdom)
- GOEBEL Schneid und Wickelsysteme GmbH (Germany)
- Kampf Schneid- und Wickeltechnik GmbH & Co. KG (Germany)
- Euromac S.r.l. (Italy)
- Parkinson Technologies, Inc (United States)
- Pasquato cutting machines (ITALY)
- Universal Converting Equipment (United Kingdom)
Regional Analysis-
Availability of Labor at Low Cost to Accelerate Growth in Asia Pacific
Asia Pacific procured USD 196.5 million in 2019 in terms of revenue. This growth is attributable to the availability of labor at cheap rates. Also, the densely populated countries, such as India and China house several paper slitting machine manufacturers for their lower capital costs. Both the countries are considered to be the major manufacturing hubs for a wide range of paper products. Europe is expected to generate a considerable share fueled by the existence of multiple industry giants in this region. Besides, the regulatory bodies in this region are investing hefty amounts of money in a number of manufacturing projects.
Regional Analysis for Paper Slitting Machine Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Paper Slitting Machine Market:
- Introduction
- Executive Summary
- Market Dynamics
- Key Paper Slitting Machine Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Paper Slitting Machine Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
- Conclusion
Competitive Landscape-
Key Companies Aim to Increase Sales by Providing Innovative Technologies
Reputed companies present in the market are enhancing their research and development activities by investing huge sums. They are striving to equip the paper slitting machines with unique technologies. Below are two of the latest industry developments:
- October 2019: Atlas Converting Equipment Ltd. unveiled ER610-DT, its next generation compact turret slitter rewinder. It is capable of processing web widths up to 1650mm. It has a speed of 600m/min.
- April 2018: GOEBEL IMS announced the expansion of its service portfolio by opening MyLab. It is the company’s latest 800sqm customer innovation and application centre to serve their clients efficiently.
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