Slitter Rewinder Machines Market to Exhibit Significant Incremental Dollar Opportunity During the Fo

According to the latest market report published by Future Market Insights titled "Slitter Rewinder Machines Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028," the developing demand for paper to replace plastic products has propelled the global slitter rewinder machines market due to the increased demand for paper converting Globally, the revenue generated from sales of has been estimated to be around US$989.7 Mn in 2018 and is projected to register a CAGR of 3.9% during the forecast period 2018-2028.Regional players are gradually expanding their production capacities, while North America and Western Europe-based global packaging giants are making investments in the expansion in the region

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Evolving Packaging Industry and Large Production of Flexible Plastic Films to Drive the APEJ Slitter Rewinder Machines Market. Regional players are gradually expanding their production capacities, while North America and Western Europe-based global packaging giants are making investments in the expansion in the region. Thus, the significant developments in the packaging industry of the region have created a lucrative opportunity for the during the forecast period. Globally, the revenue generated from sales of has been estimated to be around US$989.7 Mn in 2018 and is projected to register a CAGR of 3.9% during the forecast period 2018-2028.

Growing Paper Industry to Propel the Slitter Rewinder Machines Market in MEA

In MEA, the paper industry is significantly large and is further expanding at a substantial pace. The North Africa and GCC paper industries have sufficient production output to serve the entire MEA region, as well as export the converted paper products to European countries and other geographies. This has attributed to the relatively higher demand for surface winder slitter rewinder machines in the MEA region as compared to that in other regions.

Sluggish Growth of the Slitter Rewinder Machines Market in North America and Japan

Large manufacturing industry is established in North America and Western Europe regions, along with a significant number of manufacturers. Unlike the demand for in APEJ, the relatively organised manufacturing industry of North America and Western Europe region have majority of the demand for high-end or high-capacity slitter rewinder machines, which are majorly developed by slitter rewinder machine manufacturers based in these geographies only.

The global market value for slitter rewinder machines is expected to expand 1.5X during the forecast period 2018-2028.

The key players in the global slitter rewinder machines market are KAMPF Schneidmaschinen für SRF, Hagihara Industries Inc., NISHIMURA MFG. Co., Ltd., Atlas Converting Equipment Ltd., GOEBEL Schneid und Wickelsysteme GmbH, Euromac Costruzioni Meccaniche S.R.L., Jennerjahn Machine, Deacro Industries Ltd., Kataoka Machine Co., Ltd., Parkinson Technologies, PSA Technology, Hangzhou Dahua Industry Control Technology Co., Ltd., Ashe Converting Equipment Ltd., La Meccanica Fumagalli S.R.L., Changzhou Yongsheng New Materials Equipment Co., Ltd., Jiangyin Kesheng Machinery Co., Ltd., Krishna Engineering Works, TS Converting Equipment Ltd., Wenzhou Kingsun Machinery Industrial Co., Ltd., and Verga-Flexo Kft.

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