Paper Slitting Machine Market Worth USD 548.6 million Covid-19 Pandemic to Affect Sales of Products


Posted June 12, 2020 by Aashi_K

The global paper slitting machine market size was USD 417.4 million in 2019 and is projected to reach USD 548.6 million by 2027, exhibiting a CAGR of 3.5% during the forecast period.

 
The market is transforming with the increased requirement from the demand side, which is resulting the companies to install advanced paper slitting machines for increasing productivity. These new machines are fully automatic and provide multiple benefits to the manufacturers such as enhanced safety, wind quality, high degree of accuracy, and turrets. With the variable requirements from the customers, companies are also developing new systems with these advanced technologies to support a variety of paper quality and thus enhancing customer satisfaction.

The global paper slitting machine market is anticipated to gain traction from the rising initiatives by several organizations to lower energy consumption of the paper slitting machine by surging production capacity and bringing in digitization. This information is given by Fortune Business Insights™ in a recently published report, titled, “Paper Slitting Machine Market Size, Share & Industry Analysis, By Blade Type (Razor Blade, Shear Blade, and Air Score Blade), By Technology (Manual, Semi-Automatic, and Fully Automatic) and Regional Forecast, 2020-2027.” The report further mentions that the paper slitting machine market size was USD 417.4 million in 2019 and is projected to reach USD 548.6 million by 2027, exhibiting a CAGR of 3.5% during the forecast period.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Fortune Business Insights™ provides a list of all the paper slitting machine manufacturers operating in the market. They are as follows:

Parkland Machines Ltd (England)
ASHE Converting Equipment (England)
SOMA (Czech Republic)
ATLAS CONVERTING EQUIPMENT LT (United Kingdom)
GOEBEL Schneid und Wickelsysteme GmbH (Germany)
Kampf Schneid- und Wickeltechnik GmbH & Co. KG (Germany)
Euromac S.r.l. (Italy)
Parkinson Technologies, Inc (United States)
Pasquato cutting machines (ITALY)
Universal Converting Equipment (United Kingdom)

About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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Last Updated June 12, 2020