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Converting Equipment Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
The Converting Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Converting Equipment Market Size and Its Estimated Growth Rate?
The market size of converting equipment has seen robust growth in the past years. The market is projected to expand from $43.01 billion in 2024 to $45.22 billion in 2025, at a compound annual growth rate (CAGR) of 5.1%. The historic growth of the market is linked to the expansion in the packaging industry, the global supply chains, the manufacturing of consumer goods, increased disposable income, regulatory compliance, and the surge in e-commerce.
The market size of converting equipment is forecasted to experience continuous growth in the upcoming years, potentially reaching a worth of $54.38 billion in 2029 with a compound annual growth rate (CAGR) of 4.7%. This growth in the predicted timeframe can be linked to the expanding demand for pharmaceuticals, flexible electronics production, quick prototyping, short-run manufacturing, the need for intelligent packing, and a strong focus on eco-friendliness. Noteworthy trends for the forecast period encompass the integration of Industry 4.0 elements, increased flexibility and personalization, digitization of workflows, advances in print technology, and automation to enhance labour efficiency.
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How Are Emerging Segments Shaping the Converting Equipment Market Landscape?
The converting equipment market covered in this report is segmented -
1) By Type: Manual, Semi-Automatic, Automatic
2) By Maximum Operating Speed: Less Than 300 M/Min, 300 To 600 M/Min, 601 To 800 M/Min, Above 800 M/Min
3) By Substrate: Paper, Plastic, Metal, Textile
4) By Application: Food And Beverages, Household Cleaning Products, Electronics, Cosmetics, Pharmacy And Healthcare, Other Applications
Subsegments:
1) By Manual: Handheld Converting Tools, Manual Cutting Machines
2) By Semi-Automatic: Semi-Automatic Cutting Machines, Semi-Automatic Folding Equipment
3) By Automatic: Fully Automatic Cutting Machines, Fully Automatic Folding And Gluing Machines
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Which Growth Factors Are Influencing Converting Equipment Market Expansion?
The expansion of the converting equipment market is anticipated to be fueled by personalization and premium labels. Personalization involves adapting a service, model, or communication to satisfy the specific needs and preferences of an individual or organization. Premium labels, on the other hand, pertain to privately labeled brands that offer superior quality products at a higher cost than other market private labels. Personalization and premium labels utilize converting equipment to produce high-quality customized labels, containers, banners, clothing, and accessories based on the demands of the client. For example, a Salesforce report in May 2022, based on a study of 13,020 consumers and 3,916 business buyers, showed that in 2021, 61% of clients were convinced that companies would utilize pertinent personal data in a clear and useful way. This was an increase from 52% in 2020. Also, 73% of clients expected firms to understand their unique needs and expectations. Consequently, the rise of personalization and premium labels is propelling the conversion equipment market's growth. Converting Equipment Market Driver: Advancement in Manufacturing Boosts The Converting Equipment Market
Who Are the Dominant Players Across Different Converting Equipment Market Segments?
Major companies operating in the converting equipment market report are Parkland International, Nordson Corporation, Bobst Group SA, Davis-Standard LLC, Wittenstein SE, Paper Converting Machine Company (PCMC), Mark Andy Inc., Kampf Machinery Corporation, C. G. Bretting Manufacturing Co. Inc., Rotometrics International Ltd., Nordmeccanica Group, Comexi Group, Parkinson Technologies Inc., Delta Industrial Services Inc., Karlville Development LLC, Ghezzi & Annoni S.R.L., Elsner Engineering Works Inc., New Era Converting Machinery Inc., Ashe Converting Equipment, Catbridge Machinery LLC, Tidland Corporation, Atlas Converting Equipment Ltd., Keene Technology Inc., AZCO Corp, Universal Converting Equipment, Maxson Automatic Machinery Company, Schober USA Inc., CMS Industrial Technologies LLC, Uteco Converting S.p.A., Valmet Oyj
What Are the Latest Developing Trends in the Converting Equipment Market?
Leading businesses active in the converting equipment market are concentrating on bringing forth innovative goods like precision rotary die-cutting machines to offer trustworthy services to their clientele. A precision rotary die-cutting press illustrates a machine that combines a sharp-edged blade on a turning cylinder, through which the material is processed as the cylinder spins, accurate cutting materials like paper, cloth, and leather. For instance, in September 2022, JBC Technologies Inc., an American corporation that designs die-cutting and non-metallic fabrication products under the converting equipment umbrella, unveiled the Dorey Converting Systems (DCS) precision rotary die-cutting press. This ground-breaking rotary press is optimally suited for intricate die-cut parts that allow for lamination of different materials, accurate die-cut of complex shapes, and processes like island placement in sequence. It includes a six-camera integrated closed-loop visual system for monitoring fast-paced production. The strategic placement of inspection cameras post the production process is an additional crucial feature of the new DCS rotary die-cutting press's in-line vision system.
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Which Geographic Regions Are Expected to Dominate the Converting Equipment Market in the Coming Years?
Asia-Pacific was the largest region in the converting equipment market in 2024. The regions covered in the converting equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Converting Equipment Market?
2. What is the CAGR expected in the Converting Equipment Market?
3. What Are the Key Innovations Transforming the Converting Equipment Industry?
4. Which Region Is Leading the Converting Equipment Market?
Why This Report Matters:
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Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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