The latest research study “Roll Slitting Machines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global roll slitting machines market reached a value of US$ 2.12 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.65 Billion by 2027 exhibiting a CAGR of 3.60% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Roll slitting represents a shearing operation that cuts a large roll of material into narrower rolls. Roll slitting machines are extensively utilized to reduce and customize the size of flexible materials based on the choices or requirements of the industrial end-users. They offer numerous benefits, such as convenience, durability, cost-effectiveness, etc. Roll slitting machines can also minimize manual errors while producing identical and precise shapes quickly. Consequently, they aid in converting a wide range of raw materials, including foil, vinyl, gasket, foam, rubber, non-woven, polyvinyl chloride (PVC), adhesive tape, etc., into finished goods.
Global Roll Slitting Machines Market Trends and Drivers:
The growing utilization of technical fabrics in various aircraft components, such as fuselage, turbine blades, airbags, etc., is primarily driving the roll slitting machines market. Additionally, the increasing product adoption in the manufacturing of duvets, rugs, blankets, curtains, mattresses, white sheets, pillows, pillow covers, and other types of clothing required in hotels is further catalyzing the market growth. Besides this, the escalating need for highly reliable roll slitting machines in the agriculture and construction industries is acting as another significant growth-inducing factor. Moreover, the expanding application of non-apparel textiles in interior fitments, safety facilities, sound and thermal insulation of cars, etc., is also positively influencing the global market. Apart from this, the introduction of automatic variants that are suitable for companies engaged in the production process of fashion wear, disposable hospital gowns, digital printers, etc., is anticipated to fuel the roll slitting machines market over the forecasted period
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The report has been segmented the market into following categories:
List of Major Key Players:
The major players in the market are 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.
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