The global roll slitting machine market is projected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising demand for packaging application across the globe.
Roll slitting machine alternatively known as baloney slicer, bologna cutter, or log slitter is an industrial equipment used for chopping down large parent rolls of materials such as metal, fabrics, and paper into smaller rolls of specific dimensions. Being versatile in nature, roll slitting machine can truncate materials such as fabric, paper, foil, adhesive tapes, and polymers. Advanced roll slitting machines features include monitoring the roll movement, which minimizes the wastage.
The report on the global roll slitting machine market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes | Details |
Base Year | 2020 |
Historic Data | 2018 & 2019 |
Forecast Period | 2021–2028 |
Regional Scope | Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
Report Coverage | Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
Paper & pulp and textile together hold major chunk of the market
On the basis of industry, the market can be segregated into paper & pulp, textile, polymers, packaging, foil, and others. Roll slitting machines are used in the decoration, digital printing, and aerospace industry to cut rolls of various fabrics. However, the paper & pulp and textile segment accounts for large market share.
Slitter Rewinders is the most demanded roll slitting machine
Based on types, the roll slitting machine market can be segmented into log slitters and slitter rewinders. The slitter rewinders segment held a majority of market share, in terms of revenue. This is due its flexibility to cut various materials effectively across various industries which is driving the growth of the market segment. Slitter rewinders are versatile and highly efficient machines, which can perform unwinding and rewinding operations even on extremely large rolls.
North America holds the largest share in global market
In terms of regions, the market can be divided into Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is anticipated to hold a major share of the market owing to the increasing in the number of manufacturing activities in the region. The market in Asia Pacific is foreseen to expand the use of roll slitting machine due to the rising development in the packaging industry during the forecast period.
Major players in the global roll slitting machine market include Dah Bah Machinery Industrial Inc, CMC Converting Machinery Cevenini Srl, Ghezzi & Annoni, H. R. (Paper) Machinery Private Limited, Rosenthal MFG, K M Trivedi Engineering Pvt. Ltd., Universal Converting Equipment, Kuen Yuh Machinery Engineering Co., Ltd., DCM-ATN, Orion Graphic Machinery, Oteman, Yo Den Enterprises Co., Ltd, Jota Machinery, Svegea, Azad Paper Industries. Many companies are investing in research & development to withstand the competition and increase their market share.
Major players in the global roll slitting machine market include Dah Bah Machinery Industrial Inc, CMC Converting Machinery Cevenini Srl, Ghezzi & Annoni, H. R. (Paper) Machinery Private Limited, Rosenthal MFG, K M Trivedi Engineering Pvt. Ltd., Universal Converting Equipment, Kuen Yuh Machinery Engineering Co., Ltd., DCM-ATN, Orion Graphic Machinery, Oteman, Yo Den Enterprises Co., Ltd, Jota Machinery, Svegea, Azad Paper Industries. Many companies are investing in research & development to withstand the competition and increase their market share.
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