Slitter Rewinder Machines Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Slitter Rewinder Machines Market by region.
Slitter rewinders are used to roll thin, flexible, non-woven materials, like paper. slitting machine consists of three main parts; the unwind, the slitter and the rewind. Material is feeded through the slitter’s unwind, material will then unwind and be slit into various widths as per requirement. Growing flexible packaging industry and increasing usage of Lithium-ion Battery in Automotive Industry are key drivers for the growth of Slitter Rewinder Machines market.
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For instance, according to The Flexible Packaging Association (FPA)’s A Flexible Packaging Path to a Circular Economy 2020 report- Currently, flexible packaging is the fastest growing segment in the industry and is expected to grow from1.34 trillion units in the year 2020 to 1.8 trillion units in volume in the year 2023. Also, as per U.S. Department of Energy’s NATIONAL BLUEPRINT FOR LITHIUM BATTERIES 2021-2030 report, In the year 2020, 747 GWh of global EV lithium-ion cell were manufactured , and the U.S. manufactured around 8% (about 59 GWh) of the Global cell. Manufacturing of lithium-ion cell for EVs is anticipated to grow to 2,492 GWh by the year 2025 and U.S. is also estimated to grow to 224 GWh by the year 2025. Also, with the increasing demand for sustainable packaging and growing penetration of electric vehicles, the adoption & demand for Slitter Rewinder Machines is likely to increase the market growth during the forecast period. However, adverse impact of covid 19 pandemic on packaging and automotive industry impedes the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Slitter Rewinder Machines market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to growing flexible packaging in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as increasing demand for flexible packaging and growing automotive industry in the region would create lucrative growth prospects for the Slitter Rewinder Machines market across Asia-Pacific region.
Major market player included in this report are:
Euromac Costruzioni Meccaniche s.r.l.
GOEBEL Schneid und Wickelsysteme GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
Furthermore, years considered for the study are as follows:
Target Audience of the Global Slitter Rewinder Machines Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
North America is leading the Industrial Automation and Equipment market through increasing number of collaboration and effective government policies. Industrial Automation and Equipment companies in the United States spend about one-fifth of their total revenue on research and development – among the highest rates in any industry. Throughout difficult economic times and through fluctuations in sales revenue, the industry has consistently prioritized R&D. In order to maintain the partnership, the federal government is funding research at sustainable levels. The industry will continue to drive economic growth and develop technologies that will advance the future.
Industrial Automation and Equipment moved quickly to secure supply chains, protect their employees, and address other urgent concerns after the spread of COVID-19. In spite of seriousness of the situation and the fact that many governments continue to impose physical distance requirements, Industrial Automation and Equipment companies are now forward when the pandemic subsides and a new normal begins. As a result of COVID-19, many fundamental aspects of the sector have changed, including customer behavior, business revenue, and various features of corporate operations. Thus, some companies may unable to survive the crisis.
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