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Driving Converting Equipment Market Growth in 2025: The Role of Personalization And Premium Labels Fueling The Converting Equipment Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Converting Equipment Market Size Growth Forecast: What to Expect by 2025?
The market scale of converting equipment has seen robust growth in previous years. The market worth, predicted to expand from $43.01 billion in 2024 to $45.22 billion in 2025, implies a compound annual growth rate (CAGR) of 5.1%. Factors such as growth in the packaging sector, globalized supply chains, enhancement in the production of consumer goods, increased spending power, regulatory compliance, and the e-commerce boom can account for the historical period growth.
How Will the Converting Equipment Market Size Evolve and Grow by 2029?
The market size for converting equipment is predicted to experience consistent expansion in the coming years, with an anticipated growth to $54.38 billion in 2029, at a compound annual growth rate (CAGR) of 4.7%. The estimated growth during the forecast period can be linked to a surge in demand for pharmaceutical products, flexible electronics production, rapid prototyping and short-run manufacturing, the need for intelligent packaging, and a focus on eco-friendly practices. Key trends throughout the predicted period include the integration of Industry 4.0, adaptability and personalization, the digitization of workflow, advancements in printing technology, and automation to optimize labor.
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What Drivers Are Propelling the Growth of Converting Equipment Market Forward?
The surge in personalization and premium labels is anticipated to fuel the expansion of the converting equipment market. The term "personalization" pertains to the customization of a service, prototype or communication to suit an individual's or a corporation's needs and preferences. Premium labels denote private brands that provide comparably superior products at prices higher than other private labels in the market. These labels and personalization needs leverage converting equipment for making tailor-made labels, boxes, banners, stickers, outfits, and high-grade accessories according to customer necessities. For example, a Salesforce study from May 2022, which surveyed 13,020 consumers and 3,916 business buyers, revealed that 61% of customers were positive about the appropriate and transparent usage of pertinent personal data by companies in 2021, increasing from the 52% in 2020. Moreover, 73% of these customers expected companies to comprehend their distinct demands and anticipations. Thus, the rise in personalization and premium labels is contributing to the market growth. Market Driver for Converting Equipment: Boost in Manufacturing Spurs the Converting Equipment Market
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Which Emerging Trends Are Transforming the Converting Equipment Market in 2025?
Major corporations in the converting equipment sector are putting their efforts into the creation of innovative products like precision rotary die-cutting machines in order to offer dependable services to their clientele. A precision rotary die-cutting press is a piece of machinery that employs a sharp blade attached to a rotating cylinder which, when rotated, precisely cuts materials like fabric, paper, and leather. Making an example out of JBC Technologies Inc., a US firm that specializes in producing converting equipment, which introduced the Dorey Converting Systems (DCS) rotary die-cutting press in September 2022. This product has an exceptional ability for complex die-cut components that can bind various substances, meticulously cut complex shapes with precise margins, and execute tasks like island placement in one line. A significant aspect of the new Dorey Converting Systems die-cutting press is its integrated vision system that includes six cameras for overseeing high-speed production, with additional inspection cameras placed to monitor post-production.
What Are the Key Segments in the Converting Equipment Market?
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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Who Are the Key Players Shaping the Converting Equipment Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Converting Equipment Market?
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
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