The slitter rewinder machines market is estimated to record a 3.6% CAGR from 2023 to 2033, from USD 1.2 billion in 2023 to USD 1.7 billion in 2033.
Slitter rewinder machines are in high demand from a variety of end-use sectors, including plastic film, paper & board, foils, laminates, and others. Slitter rewinder machines are used to cut huge rolls of paper, plastic, or other material into smaller rolls for immediate consumption or further processing to produce finished goods. Slitting and rewinding machines, also known as slitter rewinder machines, combine two independent units into one.
Paper machines, plastic films, aluminum foil, and flexible laminates are examples of these machines. These slitting rewinding machines are classified as converting machines and are used by flexible packaging material manufacturers in conjunction with rotogravure/flexographic printing and laminating equipment to produce laminated reels and pouches.
The expense of center-surface winder slitter rewinder machines limits their use and raises affordability concerns among small business owners who cannot afford expensive machines. This cost issue complicates the growth rate of the slitter rewinder machine market.
| Report Attribute | Details |
|---|---|
| Slitter Rewinder Machines Market Value (2023) | USD 1.2 billion |
| Slitter Rewinder Machines Market Anticipated Value (2033) | USD 1.7 billion |
| Slitter Rewinder Machines Market Growth Rate (2023 to 2033) | 3.6% CAGR |
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The slitter rewinder machines market is expected to be worth USD 1.1 billion by 2022, growing at a 4.1% CAGR from 2017 to 2022. Global Market Absolute Dollar Growth is USD 514.8 million.
Surface winder slitter rewinder machines are becoming increasingly popular among manufacturers of converted film products because they enable them to produce high-quality goods while requiring less manpower.
As a result of expanding demand for tissue paper goods, global tissue paper manufacturing capacity has increased, opening up new opportunities for the surface winder slitter rewinder machines industry.
The global slitter rewinder machines are projected to expand 1.3 times the current market value during the forecastable period with the expanding converting capacity by the packaging manufacturers.
The slitter rewinder machines are used for converting the jumbo rolls of paper, plastic, or other material into smaller rolls for direct consumption or further processing into final products. The slitter rewinder machines are a combination of two different machines which are slitting machines & rewinding machines.
| Historical CAGR (2017 to 2022) | 4.1% |
|---|---|
| Forecast CAGR (2023 to 2033) | 3.6% |
| Year | Market Value |
|---|---|
| 2016 | USD 1.43 billion |
| 2021 | USD 2.23 billion |
| 2022 | USD 1.1 billion |
| 2023 | USD 1.2 billion |
| 2033 | USD 1.7 billion |
Customers' growing resistance to plastic consumption, in general, is driving up demand for products made of converted paper. As a result, paper products are widely used by people. Paper slitter rewinder machines are also used extensively in the production of converted paper goods.
As more end users use converted paper products such as paper bags, sanitary paper products, and corrugated products, the market for paper slitter rewinder machines is expected to grow.
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Center-surface winder slitter rewinder machines keep the rewinding material under low, continuous tension. As a result, pressure-sensitive materials such as technical films, thin plastic films and sheets, metal foils, and other similar materials lend themselves well to conversion by center-surface winder slitter rewinder machines.
Furthermore, as leading slitter rewinder machine manufacturers expand their efforts to promote center-surface winder machines, large-scale converting firms all over the world are opting for center-surface winder slitter rewinder machines.
With little to no human input necessary, the machine's capacity to function automatically enhances process precision. Therefore, its ability to make overall production more efficient benefits the firms.
The costs incurred by producers as a result of mistakes or poor products are reduced, which is accelerating the demand for paper slitter rewinder machines by manufacturers. Moreover, rapid urbanization and increasing disposable income further increase the paper slitter rewinder machine market growth.
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To meet rising demand, manufacturers are focusing on sustainable and environmentally friendly converted paper products, extending profitable prospects to market participants over the projection period. Furthermore, the increased deployment of high-end converting machines is expected to propel the slitter rewinder machine market forward.
The global flexible packaging market, specifically in emerging economies of Asia Pacific, Latin America, and others are projected to witness strong growth in the coming years. Domestic flexible packaging companies are expanding their production capacities to seize the opportunities created by the developing packaging industry.
Top global flexible packaging companies based in the matured packaging markets of North America, and Western Europe are gradually establishing manufacturing facilities in the evolving flexible packaging markets such as the Asia Pacific. All these factors have been attributed to the growing demand for packaging converters, including slitter rewinder machines.
Furthermore, with a high rate of variation involved in product quality due to the involvement of machine operators or laborers, converting companies prefer to automate the manufacturing process and involve minimum operators or laborers throughout the manufacturing process.
Thus, converting firms are opting for automatic slitter rewinder machines to convert films, foils, and paper products due to their innovative technological advancements.
In the present market scenario, around 150 GWh of lithium-ion batteries are consumed globally, around 60% of which are consumed by the automotive industry only as per the United States Department of Energy. The tremendous growth observed in the demand for electric vehicles is primarily responsible for the rapid growth in the global demand for lithium-ion batteries.
Lithium-ion batteries are composed of very thin metal foils acting as a cathode and anode for the flow of electricity, and very thin plastic film as a separator to restrict the flow of electricity.
To carefully handle and convert the parent rolls of very thin technical films used in lithium-ion batteries, the slitting machines are used which creates market growth opportunities for the slitter rewinder machines market.
The slitter rewinder machines manufacturers have developed machines specifically to produce lithium-ion batteries. For instance, HAGIHARA INDUSTRIES INC. offers duplex center drive slitter rewinder machine model HDS-904, used mainly for separating film for lithium-ion batteries.
| Countries | China |
|---|---|
| CAGR (2017 to 2022) | 5.1% |
| Valuation (2023 to 2033) | USD 465.8 million |
| Countries | United States |
|---|---|
| CAGR (2017 to 2022) | 2.6% |
| Valuation (2023 to 2033) | USD 265.5 million |
| Countries | Japan |
|---|---|
| CAGR (2017 to 2022) | 2.4% |
| Valuation (2023 to 2033) | USD 122.9 million |
| Countries | Germany |
|---|---|
| CAGR (2017 to 2022) | 3.4% |
| Valuation (2023 to 2033) | USD 87.3 million |
| Countries | India |
|---|---|
| CAGR (2017 to 2022) | 7.1% |
| Valuation (2023 to 2033) | USD 89.6 million |
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. This region's market growth can be due to rising consumer awareness of the benefits of utilizing sustainable products.
A significant portion of the North American slitter rewinder machines market is captured by the United States The country is anticipated to hold around 90% of the regional market value share by the end of 2028.
The rapidly-growing flexible packaging industry in the United States is the key factor creating a growth opportunity for the slitter rewinder machines market. According to the Flexible Packaging Association (FPA), in the United States flexible packaging is the second leading packaging segment in the world. In 2019, the United States' flexible packaging industry was worth USD 33.6 billion. Thus, the growing flexible packaging industry in the nation is anticipated to propel the demand for slitter rewinder machines.
China remains the leading country generating revenue across the Asia Pacific Excluding Japan for the slitter rewinder machines market. China slitter rewinder machines market is anticipated to register a CAGR of 4.6% and is estimated to create an incremental opportunity of USD 103 million during 2022-2028.
The growing packaging machinery industry in China is anticipated to push the market growth for the paper rewinding machines market. As per Italian Trade Agency (ITA), the packaging machinery industry in China was worth USD 5.6 billion in 2018 and the FMI team expects this to increase in the future. Overall, the expanding packaging industry which also includes slitter rewinder machines is estimated to rise during the forecasted period in China.
Asia Pacific, on the other hand, is expected to rise rapidly over the projection period, owing to the region's growing manufacturing footprint and attractive manufacturing environment.
With the advancement in technology and with the increasing demand for packaging solutions, packaging manufacturers/converters prefer slitter rewinder machines with high operating speed.
Based on the mentioned factor, the above 800 m/min segment is anticipated to hold 44% of the market value share by the end of 2028 and is estimated to expand at a CAGR of 4.2% from 2022 to 2028.
The center winder machine is primarily preferred by the packaging/converting companies as this machine helps in producing high-quality rolls with uneven thickness. The center winder segment is forecasted to hold around half portion of the slitter rewinder machines market by 2033 along with creating an incremental opportunity of USD 160 million.
key Companies in the Market are as follows:
| Attribute | Details |
|---|---|
| Market Size Value in 2023 | USD 1.2 billion |
| Market Size Value in 2033 | USD 1.7 billion |
| Market Analysis | USD billion for Value |
| Key Region Covered | North America; Latin America; Western Europe; Eastern Europe; Asia Pacific Excluding Japan (APEJ); The Middle East and Africa (MEA); Japan |
| Key Segments | By Maximum Operating Speed, By Machine Type, By Substrate, By Region |
| Key Companies Profiled | 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; Ashe Converting Equipment Ltd.; Changzhou Yongsheng New Materials Equipment Co., Ltd.; La Meccanica Fumagalli S.R.L.; Jiangyin Kesheng Machinery Co., Ltd.; TS Converting Equipment Ltd.; Krishna Engineering Works; Verga-Flexo Kft.; Wenzhou Kingsun Machinery Industrial Co., Ltd. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The market is expected to flourish at a CAGR of 3.6%.
The market is expected to reach USD 1.7 billion in 2023.
By 2028, the country is forecast to hold 90% of the value share.
The global market is expected to experience a CAGR of 4.2% by 2028.
Through 2028, China is anticipated to record a 4.6% CAGR.
1. Executive Summary | Slitter Rewinder Machines Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Machine Type 5.1. Center Winder 5.2. Surface Winder 5.3. Center-surface Winder 6. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Maximum Operating Speed 6.1. Less than 300 m/min 6.2. 300 to 600 m/min 6.3. 601 to 800 m/min 6.4. Above 800 m/min 7. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Substrate 7.1. Paper 7.2. Plastic 7.3. Metal 7.4. Textile 8. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. Asia Pacific Excluding Japan 8.6. Japan 8.7. Middle East and Africa 9. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 13. Asia Pacific Excluding Japan Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 14. Japan Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. KAMPF Schneidmaschinen für SRF 18.2. Nishimura Mfg. Co., Ltd. 18.3. Hagihara Industries Inc 18.4. Atlas Converting Equipment Ltd 18.5. Euromac Costruzioni Meccaniche s.r.l. 18.6. Goebel IMS 18.7. Jennerjahn Machine 18.8. Kataoka Machine Co., Ltd. 18.9. Dahua Industry Control Technology 18.10. PSA Technology 18.11. Ashe Converting Equipment Ltd. 18.12. Yongsheng New Materials Equipment 18.13. Deacro Industries Ltd 18.14. La Meccanica Fumagalli S.R.L. 19. Assumptions & Acronyms Used 20. Research Methodology
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Slitter Rewinder Machines Market
