Global Rotary Die- Cutter Market Size, Trends and Growth opportunity, By Type (semi rotary die cutter and full rotary die cutter), By Application (corrugated board, medical, flexible circuits, digital printing and others), By region and forecast till 2027.
Global Rotary Die- Cutter Market
The global Rotary Die- Cutter market was valued at US$462.1 million in 2021 and it is expected to reach at US$561.8 million in 2027 at a CAGR of 2.2% during forecast period 2022-2027.
Due to strong demand from the food and beverage and healthcare industries, it is anticipated that the rotary die cutter market would expand steadily throughout the course of the forecast period. Due to its connections to branding, marketing, and product quality, packaging is an essential component of businesses. Depending on the need, corrugated boxes are made in a variety of forms and sizes using a rotary die cutting machine. It is extensively utilised in a variety of technologically advanced industries, including automation, printing, and flexible circuits.
Market Drivers
In the food and beverage industry, packaging is crucial. Paper boxes, corrugated boxes, and other packaging are all made with rotary die cutters. The global food packaging business has a significant demand for rotary die cutters. Automation, printing, and electrical sectors all use technology more and more frequently. Flexible circuits are created using a rotary die cutter and can be applied to the automotive industry to address demands for connection, autonomous driving, and electrification.
Market Restraints
Rotary die cutters have a high setup cost. The cost of rotary die cutter tooling is higher. For simultaneous processes, more machines are required. Because of this, a sizable space is needed for the installation of gear. These factors are anticipated to restrain the rotary die cutter market soon.
Market Segmentation
The global rotary die cutters market segmented into type and application. On the basis of type it segmented into semi rotary die cutter and full rotary die cutter. On the basis of application it segmented into corrugated board, medical, flexible circuits, digital printing and others.
Regional Analysis
The global rotary die cutters market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The market for rotary die cutters is developed in Europe. In the upcoming years, it is anticipated that the market in the area would expand dramatically. One of the main factors propelling the rotary die cutter market in Europe is the high demand for rotary die cutters in the e-commerce sector.
Key Players
Various key players are listed in this report such as Preco, Inc., Mid-State Litho, Inc., Morgana Systems Ltd., ISOWA Corporation, Heidelberg, Koenig&Bauer Iberica SA, Shanghai Yawa Printing Machinery, Guidolin Girotto, Zod, Duplo and Plockmatic Group.
Market Taxonomy
By Type
Semi Rotary Die Cutter
Full Rotary Die Cutter
By Application
Corrugated Board
Medical
Flexible Circuits
Digital Printing
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Key Question Addressed by the Report
What are the Key Opportunities in Global Rotary Die- Cutter Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
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