Press release
Global Slitter Rewinder Machines Market to be Worth USD 1.7 Billion by 2033: Future Market Insights, Inc.
The slitter rewinder machines market is estimated to grow from USD 1.2 billion in 2023 to USD 1.7 billion in 2033. 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. The slitter rewinder machine market is expected to post a 3.6% CAGR from 2023 to 2033.Packaging or conversion industries typically prefer The centre winder machine, as it produces rolls of great quality and uniform thickness. The center winder sector is expected to account for around half of the market for slitter rewinder machines by the end of 2029.
The slitter rewinder machine combines two separate machines: the slitting machine and the rewinding machine. The slitter is the industry standard for changing paper, film, and material. These devices can cut large rolls of fabric into smaller rolls. Manufacturers of flexible packaging materials also use these conversion machines to create laminated reels and pouches.
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Slitting and rewinding are the final operations on flexible packaging material before finished reels are supplied to the client. The quality and aesthetic attractiveness of the end-use reels that clients eventually receive are directly proportional to how well these machines function. As the final step in the conversion process that includes co-extrusion, printing, inspection, and lamination, any disturbance during the slitting operation may result in a pile of costly inventory that includes all material and process costs. As a result, slitting is a complicated process.
With rising sensitivity to conventional plastics, the flexible packaging business has rapidly changed from plastic films to bendy paper packaging, offering a plethora of current growth potential for the slitter rewinder machine market. Flexible packaging has evolved and is still considered to be in the innovation stage. Furthermore, the market for slitter rewinder machines is likely to rise over the forecast period due to the increasing popularity of tissue paper items, which has witnessed modest growth in recent years.
Numerous reels must be replaced each time and rewind reel changeovers occur often, the machine's productive time is reduced to less than 50% of the whole period. If these transitions are not completed quickly, the additional output from higher speeds is substantially lower pro-rata, raising serious concerns about the prudence of investing in their underlying technologies and selecting high-speed equipment.
Key Takeaways from the Slitter Rewinder Machines Market
• The Slitter rewinder machines market is expected to record a CAGR of 3.6% during the forecast period 2023 to 2033.
• The rising demand for flexible packaging is a key factor contributing to the market growth of slitter rewinder machines. Rising demand for flexible packaging leads to high conversion capacity among packaging producers.
• North America dominated the slitter rewinder machines market.
Competitive Landscape
key Companies in the Market are as follows:
• 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
Key Development in the Slitter Rewinder Machines Market
• March 2021 - A British firm collaborated with Atlas Converting Equipment Ltd., one of the leading manufacturers of slitting technology, and became a member of Kompf Scheid- & Wickeltechnik GmbH & Co. KG as part of the Jagenberg Group Industrial Solutions division. The goal of this collaboration was to supply customers all around the world with future-proof machinery and sophisticated slitting technology solutions.
• March 2021 - GOEBEL IMS, an MS TECHNOLOGIES S.p.A. company, introduced a new model of OPTIWIND, a slitter rewinder machine used for shaftless unwinding of paper and paperboard. The GOEBEL IMS Division Unit revolves around OPTIWIND paper conversion technology. The machine can cut and rewind reels up to 5 meters wide, creating completed reels as tiny as 70 mm.
• March 2021 - Atlas Converting Equipment Ltd., a market leader in slitting technology, join Kampf Schneid- & Wickeltechnik GmbH & Co. KG as a member of the Jagenberg Group's Industrial Solutions division. With this partnership, both companies aspire to provide cutting-edge slitting technology and future-proof machines to clients all around the world.
• January 2020 - NISHIMURA MFG. CO., LTD. announced the introduction of Model FH154J, a new product in its slitter rewinder machine line.
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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
By Region:
• North America
• Latin America
• Western Europe
Have a Look at Another Post on the Packaging Domain:
Linerless Label Market - https://www.fmiblog.com/2024/10/11/global-linerless-label-market-to-be-worth-usd-3-0-billion-by-2033-future-market-insights-inc/
Cling Film Market - https://www.fmiblog.com/2024/10/11/cling-film-market-is-predicted-to-reach-usd-2197-6-million-globally-by-2033-at-5-5-cagr-future-market-insights-inc/
Packaging Tubes Market - https://www.fmiblog.com/2024/10/14/packaging-tubes-market-is-expected-to-progress-at-a-cagr-of-3-4-from-2024-to-2034-fmi/
Bulk Bag Market - https://www.fmiblog.com/2024/09/06/bulk-bag-market-is-predicted-to-reach-usd-6-0-billion-globally-by-2034-at-2-6-cagr-future-market-insights-inc/
Future Market Insights Inc.
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Website: https://www.futuremarketinsights.com
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 stands as 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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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