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Soaring Demand Set to Propel Converting Equipment Market to $53.07 Billion by 2029

09-30-2025 01:51 PM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Converting Equipment

Converting Equipment

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What Is the Expected CAGR for the Converting Equipment Market Through 2025?
The market size for converting equipment has been consistently expanding in the past few years. There is an expected growth from $43.01 billion in 2024 to $44.5 billion in 2025, driven by a compound annual growth rate (CAGR) of 3.5%. The historic phase of growth can be linked to the development of the packaging industry, global supply chain expansion, an increase in consumer goods production, a rise in disposable income, regulatory conformity, and the emergence of e-commerce.

What's the Projected Size of the Global Converting Equipment Market by 2029?
It is projected that the converting equipment market will experience consistent expansion in the upcoming years. This market is estimated to reach a value of $53.07 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.5%. The predicted growth during this forecast period can be related back to the rising demand for pharmaceuticals, innovative electronic manufacturing, swift prototyping and limited production, smart packaging needs, and an emphasis on sustainability. Some of the key trends anticipated during this forecast period include the integration of industry 4.0, increased flexibility and personalization, the digital transformation of workflows, developments in printing technology, and the use of automation to achieve labor optimization.

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Top Growth Drivers in the Converting Equipment Industry: What's Accelerating the Market?
The anticipated growth in the converting equipment market is predicted to be driven by personalization and high-end labels. Personalization is about adapting a service or a communication method to suit the needs and expectations of an individual or an organization. On the other hand, high-end labels refer to privately labeled brands that offer superior quality products with a higher price tag compared to other market private-labels. Personalization and high-end labels employ converting equipment to produce unique labels, boxes, banners, clothing, and accessories of premium quality based on the customers' needs. For instance, a Salesforce report in May 2022, backed by a study carried out on 13,020 consumers and 3,916 corporate buyers, revealed that 61% of consumers in 2021 believed companies would use relevant personal data transparently and beneficially, a climb from 52% in 2020. Additionally, 73% of consumers expected companies to understand their distinct needs and expectations. Therefore, the surge in personalization and high-end brands is a significant factor propelling the market.

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What Trends Will Shape the Converting Equipment Market Through 2029 and Beyond?
Primary companies in the converting equipment market like JBC Technologies Inc., are focusing on designing innovative products like precision rotary die-cutting machines to offer dependable services to their consumers. A precision rotary die-cutting press, which is equipped with a sharp blade on a rotating cylinder, allows cutting of materials such as fabric, paper, and leather with absolute precision. As an illustration, JBC Technologies, a US-based firm that manufactures converting equipment including die-cutting and non-metallic fabrication products, launched the Dorey Converting Systems (DCS) precision rotary die-cutting press in September 2022. This groundbreaking rotary press has the finest ability to laminate different substances, die-cut intricate shapes with accurate tolerances, and administer actions like island placement, all in a single line. The press includes a closed-loop vision system integrated with six cameras for monitoring high-speed production. Another essential component of the latest DCS rotary die-cutting press's in-line vision system is the strategic placement of inspection cameras post-production processes.

What Are the Main Segments in the Converting Equipment Market?
The converting equipmentmarket 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 Top Companies are Driving Growth in the Converting Equipment Market?
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

Which Regions Will Dominate the Converting Equipment Market Through 2029?
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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This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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