Global Flexible Dies Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Flexible Dies Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A flexible die is made of a thin sheet of steel, and folds around a magnetic cylinder. Because flexible dies are a thin sheet of metal as opposed to a solid drum, they’re less expensive to manufacture and to ship. Although the steel types of flexible die which can be choose is limited, hardening and other surface treatments on the tip of the blade can increase the service life, including non-stick coating. In addition, Flexible dies are used for to-liner cutting in the majority of typical label jobs. Flexible Dies are Laser hardened and surface treated for increased durability. These dies offer enhanced die life for a wide range of applications, including abrasive materials.

Market Overview:

The latest research study on the global Flexible Dies market finds that the global Flexible Dies market reached a value of USD 219.81 million in 2022. It’s expected that the market will achieve USD 353.37 million by 2028, exhibiting a CAGR of 8.23% during the forecast period.

Wide Range of Downstream Applications

The current market situation shows that the list of materials compatible with flexible dies is constantly expanding. This means that the downstream applications of Flexible Dies will be more extensive.
The flexible mold can handle PP, PE, PVT, PET, Tyvek, cardboard, etc. With the advancement of technology, flexible dies are generally machine sharpened, and the cutting angle and mold height are adjusted to suit specific material structures and requirements. This means that manufacturers can convert various self-adhesive and single-material substrates.

Substitute Threat

Rotary die cutting involves flexible or solid rotating dies. These molds are all cylindrical molds.
Solid molds perform better in material handling or waste removal than flexible dies. Block removal or material management requires drilling into solid molds and installing equipment to help remove debris or small parts moving along the web.
Solid molds have the ability to transform more difficult and challenging materials.
For flexible dies, it is difficult to cut very thick materials. Solid molds enable customers to cut through very abrasive materials or substrates with messy adhesives, multilayer structures and gasket materials.
Solid molds are more durable. Naturally, solid molds are more durable. They are more suitable for withstanding high pressure applications and more abrasive materials. The service life of solid molds is usually 2-3 times longer than that of flexible dies.

Price Downtrend

Now, cost reduction is a top priority for all companies. For example, Electro Optic is characterized by its economic molds. The company's DURA mold is specially designed for converting abrasive materials such as thermal transfer surface materials. Whether it is long-term work or highly abrasive materials, DURA molds have the lowest mold cost per thousand feet.

Region Overview:

Geographically, Asia Pacific held the largest market share – 34.47% in 2022.

Company Overview:

Maxcess is one of the major players operating in the Flexible Dies market, holding a share of 19.62% in 2023.

Maxcess

Maxcess International is a company that develops and manufactures web components and accessories. It offers precision rolls, tension control, slitting systems, and more. In 2020, RotoMetrics was acquired by Maxcess.

Wink

Wink is a manufacturer of cutting tools for the graphic industry. All over the world, renowned manufacturers of labels, packaging and many other die-cut products rely on the quality and outstanding service provided by Wink.

Segmentation Overview:

By type, Not Laser Hardened segment accounted for the largest share of market in 2022.

Laser Hardened

Laser hardening is a process in which the tip of the cutting line is hardened by a laser, controlled by a specially developed computer controlled procedure. This gives maximum possible lifetime of the flexible die.

Not Laser Hardened

Without laser hardening Flexible Dies meets stringent requirements for use on all types of self-adhesive materials: paper, PP, PE, PVC, PET, Tyvek, etc. The cutting edge hardness is generally 48-50 HRC.

Application Overview:

In the Flexible Dies market, 56.71% of the total value was generated through the Consumer Goods segment by application in 2022.

Key Companies in the global Flexible Dies market covered in Chapter 3:

ESON CZ
Wilson Manufacturing
Atlas Die (Bernal)
Wink
Grandcorp Group
Apple Die
Spilker
Drohmann
Suron
Maxcess
BEST Cut Die
Kocher + Beck
Lartec
Sanjo Machine Works
Hadesheng

In Chapter 4 and Chapter 14.2, on the basis of types, the Flexible Dies market from 2018 to 2029 is primarily split into:

Laser Hardened
Not Laser Hardened

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Flexible Dies market from 2018 to 2029 covers:

Consumer Goods
Medical & Pharmaceutical
Industrial & Automotive Fabrication
Personal Care
Packaging
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)