What is Global Flatbed Die-Cutter Market?
The Global Flatbed Die-Cutter Market is a specialized sector within the broader packaging industry. Flatbed die-cutters are machines used in the process of cutting, creasing, embossing, waste stripping, and blank separation of sheet materials. These machines are typically used in the production of packaging materials, labels, and other related products. The global market for these machines is significant and continues to grow, driven by the increasing demand for packaging materials worldwide. The market is characterized by the presence of several key players who manufacture and supply these machines to various industries. However, the market is also influenced by several factors such as technological advancements, changes in consumer preferences, and regulatory policies among others.
Automatic Die Cutting Machine, Semi-automatic Die Cutting Machine in the Global Flatbed Die-Cutter Market:
The Global Flatbed Die-Cutter Market is segmented based on the type of machines into Automatic Die Cutting Machine and Semi-automatic Die Cutting Machine. Automatic Die Cutting Machines are fully automated systems that require minimal human intervention. These machines are known for their high speed and precision, making them ideal for large-scale production. On the other hand, Semi-automatic Die Cutting Machines require some level of human intervention. These machines are typically used in smaller scale production or for specialized tasks that require a higher level of control. Both types of machines play a crucial role in the market and their demand is influenced by various factors such as the scale of production, the complexity of tasks, and budget among others.
Label and Soft Packaging, Corrugated Board and Cartons Packaging, Medical, Electric Vehicle Batteries, Others in the Global Flatbed Die-Cutter Market:
The Global Flatbed Die-Cutter Market finds its application in several areas including Label and Soft Packaging, Corrugated Board and Cartons Packaging, Medical, Electric Vehicle Batteries, and Others. In the Label and Soft Packaging sector, these machines are used to produce labels and packaging materials for various products. In the Corrugated Board and Cartons Packaging sector, they are used to produce packaging materials for shipping and transportation. In the Medical sector, these machines are used to produce packaging materials for medical devices and pharmaceuticals. In the Electric Vehicle Batteries sector, they are used to produce packaging materials for batteries. Lastly, in the Others sector, these machines find their application in various other industries that require the production of packaging materials.
Global Flatbed Die-Cutter Market Outlook:
The Global Flatbed Die-Cutter Market outlook highlights that the market was valued at US$ 460.1 million in 2022. It is projected to reach US$ 611.1 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period from 2023 to 2029. The market is dominated by the top three players who collectively hold a market share of about 41%. China is the largest producer of flatbed die-cutters, accounting for around 47% of the global production. It is followed by Europe and Japan, which account for 21% and 14% of the global production respectively. In terms of consumption, the largest market is Asia-Pacific, which holds a market share of about 51%. It is followed by Europe and North America, which account for around 23% and 20% of the global market share respectively.
Report Metric | Details |
Report Name | Flatbed Die-Cutter Market |
Accounted market size in 2022 | US$ 493.8 million |
Forecasted market size in 2029 | US$ 613.4 million |
CAGR | 3.0% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | BOBST, Masterwork, Sanwa, Century-Pack, Koenig&Bauer Iberica SA, SBL, Young Shin, ASAHI MACHINERY LIMITED, Sysco Machinery Co., Shanghai Yawa Printing Machinery, KAMA GmbH, BERHALTER AG, Jih Shuenn, Wookil Machinery, IIJIMA MFG |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |