About Industrial Blades
The global industrial blades market are growing at an exponential rate due to increasing demand from various industry verticals. Industrial blades have massive importance among the food & processing, textile, paper packaging, rubber & tire, medical, warehouse, among other end-user industries. Industrial blades are available in various shapes such as straight, circular, pointed tip, and toothed, among other shapes.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.0% |
The market is highly fragmented due to the presence of several prominent vendors. Some of the leading players are adopting organic and inorganic strategies such as a merger, acquisition, product launches, among others in order to gain competitive advantage. Moreover, some of the prominent vendors are continuously focusing on technological advancements in order to offer the products as per the market necessities. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Industrial Blades 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.
International Knife & Saw, Inc. (United States), Baucor Tools, Inc. (United States), Delite Engineering Works (India), D.B. Engineering Pvt Ltd. (India), York Saw & Knife Company, Inc. (United States), Maier-Unitas Gmbh (Germany), Krumar Knives & Blades (Croatia), Alpha Machine Knife Co. Ltd (United States), MONGIN (France), Fremont Affutage (France) and Mozart AG (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Coltex Di Bruscagin Carla (Italy), Banas A.S. Precision Cutting Equipment Industry (Turkey), Creative Tools (India), Cadence, Inc. (United States), Carolina Knife & Manufacturing (United States) and Perfect Engineering Works (India).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Blades market by Type (Standard and Custom), Application (Slicing, Cross-Cutting, Die Cutting, Guillotine Cutting and Others) and Region.
On the basis of geography, the market of Industrial Blades 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 Shape, the sub-segment i.e. Straight will boost the Industrial Blades market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Paper & Packaging will boost the Industrial Blades market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct Sales will boost the Industrial Blades market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Custom Industrial Blades are Preferring by the Various Industries Based on the Application
Market Growth Drivers:
Upsurging Food Processing Industries Worldwide and Increasing Demand from Cloth and Textile Sector
Restraints:
Fluctuations in Raw Material Prices
Opportunities:
Upsurging Demand from Emerging Economies
Market Leaders and their expansionary development strategies
In February 2023, The Tirumala Tirupati Devasthanams (TTD) has signed a Memorandum of Understanding (MoU) with Gillette India Private Ltd for supply of one crore stainless steel double edged full blades
In January 2023, OAK BROOK in partnership with advertising agency Bailey Lauerman, is launching a new campaign for wiper blades. In the “Night Vision has Evolved” campaign, the mysterious and striking ads highlight the innovative features of Bosch wiper blades to provide optimal nighttime clarity and enhance safer night driving.
Key Target Audience
Industrial Blades Manufacturers, Industrial Blades Raw Material Suppliers, Industrial Blades Traders/Distributors, Industrial Blades Importer/Exporter, Regulatory & Government Bodies, End Users and Others
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.