What is Roll Slitting Machine Market?
Roll slitting is a shearing operation that cuts a large roll of material into narrower rolls. There are two types of slitting: log slitting and rewind slitting. In log slitting the roll of material is treated as a whole (the 'log') and one or more slices are taken from it without an unrolling/re-reeling process. In rewind slitting the web is unwound and run through the machine, passing through knives or lasers, before being rewound on one or more shafts to form narrower rolls. The multiple narrower strips of material may be known as mults (short for multiple) or pancakes if their diameter is much more than their width.[1] For rewind slitting the machine used is called a slitter rewinder, a slitter or a slitting machine – these names are used interchangeably for the same machines.
The market study is being classified by Type (Automatic, Semi-automatic and Manual) and major geographies with country level break-up.
CMC Converting Machinery Cevenini Srl (Italy), Ghezzi & Annoni (Italy), H. R. (Paper) Machinery Private Limited (India), Hariram Engineering (India), K M Trivedi Engineering Pvt. Ltd. (India), Kashif Saeed General Trading LLC (India), Orion Graphic Machinery (United States), Oteman (United States), R. K. Label Printing Machinery Private Limited (India) and Rosenthal MFG (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that India Manufacturers will contribute to the maximum growth of Global Roll Slitting Machine market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Roll Slitting Machine market by Type, Application and Region.
On the basis of geography, the market of Roll Slitting Machine 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Usage of Metal Cutting Activities in the Manufacturing Sector
- Growth of Global Plastic and Paper Industries
Market Trend
- Increasing Adoption of Artificial Intelligence (AI) and Automation Solutions
Restraints
- High Costs Associated with the Machine
Opportunities
- Growth of the Packaging Sector Across Developed and Developing Economies
Challenges
- Stiff Competition Among the Major Players
Key Target Audience
Manufacturers, Raw material suppliers, Government and Researchers