About Digital Cutting Machine
Digital Cutting Machine basically are software operated die cutting machines which use die to cut different patterns and shapes on paper or label or card. This machines are equipped with cutting plates and rollers other than cartridges. The digital cutting machines do not require steel dies. There are 3 variety of digital cutting machines which include flat, laser and rotary die cutting machines. Commercial Printing accounts for largest market share in digital cutting machines. Geographically, Asia Pacific is expected to be the dominant most market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The growing demand for label and paper cutting applications has led to growth of the digital cutting machines. Advancement in the technology providing better efficiency and saving costs has led to people adopting digital cutting machines compared to traditional manual die cutting machines. Asia Pacific is expected to be the biggest market of digital cutting machine. 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.
Bobst (Switzerland), Labelmen Machinery Co. Ltd. (Taiwan), Asahi Group Holdings, Ltd. (Japan), Lemor (Portugal), Higher Shengli Printing Machinery Group Co.,Ltd. (China), Li Shenq Machinery Co., Ltd (Taiwan), Shandong Century Machinery Co., Ltd. (China), ShanDong Seny Machinery Co.,LTD (China), Iijima MFG Co., Ltd. (China) and Cerutti Group (Italy) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Standard Paper Box Machine Co. Inc. (China), Hitech Systems Pfe Pvt Ltd. (India) and Tangshan Yuyin Printing machinery Co, Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Digital Cutting Machine market by Type (Flat Die Cutting Machine, Laser Die Cutting Machine and Rotary Die Cutting Machine) and Region.
On the basis of geography, the market of Digital Cutting 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). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Digital Cutting Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Commercial Printing will boost the Digital Cutting Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rotary Die Cutting Machine is rising in Popularity
Market Growth Drivers:
Growth in End User Industries and Advancement in Technology
Challenges:
High Cost of Machine
Restraints:
Emergence of New Players into the Market
Opportunities:
Healthcare Industry Presents Huge Opportunities with Recent Increasing Investments in the Industry
Market Leaders and their expansionary development strategies
In January 2022, JBC Technologies has acquired of Colorado die-cutter, Die-Cut Technologies. The acquisition present that the number of digital cutting machines that not only expand our ability to provide rapid prototypes, but also enable us to cut parts with tighter tolerances and thicker, more dense materials than we’ve been able to do in the past.
In 2019, Hitech Systems Pfe Pvt Ltd., an India based Print Finishing Equipment manufacturer has announced launch of its new heavy-duty digital die-cutter. The company aims at targeting large format printing because of its huge potential. The newly launched machine comes up with a auto feeder which can cut up to 6 mm thick media.
Key Target Audience
Digital Cutting Machine Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms 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.