About Folder Gluer Belts
Folder Gluer belts are designed for packaging for food and pharmaceutical. It provides a long service life, less packaging waste, aseptic packaging. Folder Gluer belts have good excellent reversed bending properties, high abrasion resistance, outstanding dimensional stability, and others. This market has been growing due to solid demand from the food and pharma industries.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.0% |
The global folder-gluer belts market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Folder Gluer Belts market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Techbelt (England), Habasit (Switzerland), Derco BV (Netherlands), Gates Mectrol (United States), Ammeraal Beltech (Netherlands), CHIORINO (Italy), Nitta (United States), Forbo Siegling GmbH (Germany), Ajay Belting (India) and Zeon Belts (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Nav AuxiChem Private Limited (India) and Splawn Belting (United States).
Segmentation Overview
AMA Research has segmented the market of Global Folder Gluer Belts market by Type (Polyamide Folder-Gluer Belts and Polyester Folder-Gluer Belts), Application (Boxes, Cardboard and Others) and Region.
On the basis of geography, the market of Folder Gluer Belts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Folder Gluer Belts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Materials, the sub-segment i.e. Nitrile-Butadiene Rubber (NBR) will boost the Folder Gluer Belts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advances in Conveyor Belt Design and Composition and High-Speed Production of Laminated or Glossy Materials
Market Growth Drivers:
Advances in Belt Construction Materials, Increase Demand for Box-Making Industry and Increase Number of Food Packaging Company
Challenges:
Lack of Advanced Technology and Costly Skilled Manpower
Restraints:
Rapid Changes in Technology and Rising Cost of Raw Materials
Opportunities:
Increase Number of Pharmaceutical and Cosmetic Packaging Companies in Emerging Companies Such As India and China
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Folder Gluer Belts Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.