Press release
Emerging Sub-Segments Transforming the Converting Equipment Market Landscape
The converting equipment market is poised for significant expansion as industries increasingly prioritize efficiency and sustainability. With advancements in manufacturing technologies and rising demand across various sectors, this market is set to experience dynamic growth and evolving trends that promise to reshape packaging and converting processes.Converting Equipment Market Size and Projected Growth Through 2030
The converting equipment market is forecasted to expand substantially, reaching a total value of $56.38 billion by 2030. This growth corresponds to a compound annual growth rate (CAGR) of 5.1%. Key factors contributing to this growth include the rising adoption of smart manufacturing technologies, growing requirements for sustainable packaging solutions, and the increasing production needs within pharmaceutical and food packaging sectors. Additionally, there is an enhanced focus on operational efficiency and the expanded use of digital monitoring systems driving market momentum. Expected trends over the coming years involve wider implementation of fully automated converting lines, demand for high-speed converting machinery, integration of intelligent sensors, increased flexible packaging production, and dedicated efforts to minimize waste.
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Primary Companies Leading the Converting Equipment Market
Several prominent players dominate this field, including Nordson Corporation, Bobst Group SA, Davis-Standard LLC, Paper Converting Machine Company, Mark Andy Inc., Kampf Machinery Corporation, C. G. Bretting Manufacturing Co. Inc., Rotometrics International Ltd., Nordmeccanica Group, Comexi Group, Parkinson Technologies Inc., Karlville Development LLC, Ghezzi & Annoni S.R.L., Elsner Engineering Works Inc., New Era Converting Machinery Inc., Ashe Converting Equipment, Catbridge Machinery LLC, Atlas Converting Equipment Ltd., AZCO Corp, Universal Converting Equipment, Maxson Automatic Machinery Company, Schober USA Inc., Uteco Converting S.p.A., and Valmet Oyj.
In a notable development in November 2023, CORE Industrial, a US-based manufacturer in the industrial machinery sector, acquired General Converting Inc. The acquisition aims to enhance CORE Industrial's packaging solutions portfolio, expand its product range, and broaden its client base. General Converting Inc. is a US company specializing in packaging and container manufacturing.
How Technological Advances Are Shaping the Converting Equipment Industry
The converting equipment market is witnessing a surge in innovation, particularly with the rise of high-speed inline finishing systems designed to boost production speeds, efficiency, and customization capabilities for label and packaging applications. These systems merge multiple converting operations-such as laminating, die-cutting, and slitting-into one automated workflow, streamlining processes and reducing downtime compared to traditional standalone machines.
For example, in September 2025, B+W PaperSystems, a US-based producer of paper and label converting machines, introduced the Speedliner X. This new inline finishing system boasts a modular design that supports various label substrates, incorporates precision die-cutting, and offers high-speed lamination. It enables manufacturers to achieve faster production cycles and consistent output quality. In addition, its compact size and user-friendly digital controls help optimize operations and minimize waste, making it suitable for both short and long runs in flexible packaging and label markets.
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Segment Breakdown Highlighting the Largest Market Share in Converting Equipment
The converting equipment market is categorized into several segments:
1) Type: Manual, Semi-Automatic, and Automatic machinery
2) Maximum Operating Speed: Less Than 300 M/Min, 300 To 600 M/Min, 601 To 800 M/Min, and Above 800 M/Min
3) Application Areas: Food and Beverages, Household Cleaning Products, Electronics, Cosmetics, Pharmacy and Healthcare, and Other Applications
Further subsegments include:
- Manual devices such as handheld converting tools and manual cutting machines
- Semi-Automatic equipment including semi-automatic cutting machines and folding devices
- Automatic machinery comprising fully automatic cutting machines and machines for folding and gluing
This segmentation provides a comprehensive understanding of the market dynamics and identifies the sectors that currently hold the largest share in the converting equipment landscape.
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