The slitter rewinder machines are utilized to chop huge rolls of material into tiny pieces with the help of the un-rolling and re-reeling process. In other words, these machines are used for transforming the gigantic rolls of plastic, paper, or other objects into narrower rolls for direct consumption or further processing into end-use products.
Covid-19 Impact & Market Status
The slitter rewinder machines suffered from the packaging industries' delay in production during the COVID-19 pandemic. A decrease in packaging industry demand brought on by the COVID pandemic also had a negative impact on the market for slitter rewinder machines. The various other factors such as disturbed supply chain, improper supply of components/raw material, government restriction on trade, and others during COVID-19 harmed the slitter rewinder machines market. Later, towards the start of 2021, the packaging sector began to function at peak efficiency. To meet the growing need for technological improvement among packaging producers, the makers of slitter rewinder machines are concentrating on providing innovation and the newest technology in their products. Over all, it is anticipated that the market for slitter rewinder machines will expand favourably during the anticipated time frame. To meet the rising demand for packaging solutions, the market's major players are also creating and introducing a new product under the category of slitter rewinder machines.
Supremacy of the Asia-pacific region in the slitter rewinder market
Due to the growing number of paper and paperboard companies with affordable machinery and low-cost production in nations like India, Japan, and China, the Asia Pacific area is drawing the key participants in the worldwide rewinder machine market. During the projection years, a rapid rate of growth is anticipated for the Asia Pacific region. Additionally, it is able to export outside of other market regions thanks to the availability of affordable machinery and sporadic value manufacturing.
The market for slitter rewinder machines is dominated by the high operating speed segment
The advent of cutting-edge technology has increased demand for innovative packaging solutions, which has led to a preference among packaging producers and converters for slitter rewinder machines with accelerated operating speeds. Additionally, it is predicted that the above 800 m/min sector would account for 44 percent of market value by the end of 2029 and that it will grow at a CAGR of 4.2 percent from 2022 to 2029.
Centre Winder Machine- The Most Preferred Type of Slitter Rewinder Machines by the Packaging Companies
The centre winder machine is usually favoured by packaging or conversion businesses since it helps produce rolls of excellent quality and uniform thickness. By the end of 2029, the centre winder sector is anticipated to account for around half of the market for slitter rewinder machines while also creating a USD 160 million additional opportunity.
At a CAGR of 3.8% over the forecast period, the global market for slitter rewinder machines is expected to increase from its estimated value of USD 1.1 billion in 2022 to USD 1.5 billion.
The slitter rewinder machine is a combination of two distinct machines that are slitting machine and the rewinding machine. The slitter is the standard system adopted to change paper, film, and material. These machines are capable of converting massive rolls of fabric into smaller rolls. Additionally, the makers of flexible packaging materials employ these conversion machines to create laminated reels and pouches.
Slitting and rewinding are the last activities to be performed on flexible packaging material before finished reels are delivered to the customer. The quality and aesthetic appeal of the end-use reels that clients ultimately obtain directly depend on how well these machines perform. Being the last step of the conversion process involving co-extrusion, printing, inspection, and lamination, and king of disruption during slitting operation may result in the pile of costly inventory in which all the material and process costs have been included. Therefore, slitting is a complex process.
With increased intolerance against conventional plastics, the flexible packaging sector has abruptly converted from plastic movies to bendy paper packaging, creating a wealth of growth opportunities for the slitter rewinder machine market in the present. Flexible packaging has changed over time and is still referred to as being in the innovation age.
Additionally, the market for slitter rewinder machines is expected to develop over the course of the forecast period due to the increasing popularity of tissue paper goods, which has shown a modest growth over the past couple of years.
The machine's productive time is decreased to less than 50% of the overall period since several reels must be replaced each time and rewind reel changeovers happen often. The additional output from higher speeds would be much below pro-rata if these transitions aren't achieved fast, raising severe doubts about the appropriateness of investing in their underlying technologies and picking high-speed machines.
Hagihara Industries Inc., PSA Technology, Parkinson Technologies, KAMPF Schneidmaschinen für SRF, Kataoka Machine Co., Ltd., Yongcheng New Materials Equipment, Wenzhou King sun Machinery Industrial Co., Ltd., Jiangyin Kesheng Machinery Co., Ltd., TS Converting Equipment Ltd., and others are some of the major companies fostering the market's expansion.
Latest Innovations in the Global Slitter Rewinder Machines Market: A Snapshot
- In March 2021, a British company partnered with one of the leading manufacturing slitting technologies which are Atlas Converting Equipment Ltd., And became a member of Kompf Scheid- & Wickeltechnik GmbH & Co. KG as one of the parts of Jagenberg Group Industrial Solutions sector. The objective of this partnership was to provide future-proof machines and advanced slitting technology solutions to customers across the globe.
Slitter Rewinder Machines Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 1.5 billion|
|Growth Rate||CAGR of 3.8% during 2021-2028|
|Segment Covered||Machine, Maximum, Substrate, Regions|
|Regions Covered||North America, Europe, The Asia Pacific, South America, Middle East & Africa|
|Key Players Profiled||Hagihara Industries Inc., PSA Technology, Parkinson Technologies, KAMPF Schneidmaschinen für SRF, Kataoka Machine Co., Ltd., Yongcheng New Materials Equipment, Wenzhou King sun Machinery Industrial Co., Ltd., Jiangyin Kesheng Machinery Co., Ltd. & among others.|
Key Segments of the Global Slitter Rewinder Machines Market
Machine Overview, 2022-2029 (USD Billion)
- Centre Winder
- Centre-Surface Winder
- Surface Winder
Maximum Overview, 2022-2029 (USD Billion)
- Less than 300 m/min
- 300 to 600 m/min
- 601 to 800 m/min
- Above 800 m/min
Substrate Overview, 2022-2029 (USD Billion)
Regional Overview, 2022-2029 (USD Billion)
- North America
- The US
- Rest of Europe
- The Asia Pacific
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa