Roll Slitting Machines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Roll Slitting Machines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global roll slitting machines market size reached US$ 2.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2023-2028.

Roll slitting machines are used to reduce and customize the size of flexible materials based on the preferences or requirements of industrial end users. They are durable, convenient, and economical and can minimize manual errors while producing precise and identical shapes quickly. As a result, they assist in converting a wide range of raw materials, such as foil, paper, vinyl, textile, gasket, foam, rubber, non-woven, adhesive tape, and polyvinyl chloride (PVC), into finished or consumer goods.

Roll Slitting Machines Market Trends:

Non-apparel textiles are utilized around the world in producing interior fitments, carpets, safety facilities, fiber composites, tire reinforcement, air and oil filters, and sound and thermal insulation of cars. This, in confluence with the boosting sales of passenger and commercial vehicles, represents one of the key factors driving the demand for roll slitting machines in the automotive industry. Moreover, the expanding application of technical fabrics in aircraft components, such as turbine blades, fuselage, and airbags, is impelling the market growth. Apart from this, roll slitting machines find usage in the production of rugs, duvets, blankets, curtains, mattresses, white sheets, pillows, pillow covers, and other types of clothing required in hotels. This, in confluence with a considerable increase in the booking of hotel rooms for concerts, sports events, corporate meetings, and travel purposes, is influencing the market positively. Besides this, key manufacturers are offering automatic machines suitable for companies engaged in the manufacturing process of apparel, fashion wear, disposable hospital gown, and digital printing. Furthermore, these players are introducing highly reliable machines, which is anticipated to catalyze the demand for these machines in the agriculture and construction industries across the globe.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global roll slitting machines market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, material and operation.

Breakup by Type:

Roll/Log Slitters

Slitter Rewinders

Breakup by Material:

Paper

Polymers

Foil

Others

Breakup by Operation:

Automatic

Manual

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ASHE Converting Equipment, Atlas Converting Equipment Ltd., Automatic Log Slitter (ALS) Limited, Comexi, Ghezzi & Annoni S.p.A., LIDEM Construcciones Mecánicas S.L, Oteman, Parkland International, Ribamatic, Rosenthal Manufacturing Co. Inc., SOMA spol. s r. o. and Svegea of Sweden AB.

Key Questions Answered in This Report

1. What was the size of the global roll slitting machines market in 2022?

2. What is the expected growth rate of the global roll slitting machines market during 2023-2028?

3. What are the key factors driving the global roll slitting machines market?

4. What has been the impact of COVID-19 on the global roll slitting machines market?

5. What is the breakup of the global roll slitting machines market based on the type?

6. What is the breakup of the global roll slitting machines market based on the material?

7. What is the breakup of the global roll slitting machines market based on the operation?

8. What are the key regions in the global roll slitting machines market?

9. Who are the key players/companies in the global roll slitting machines market?