Market Overview:
The global aluminum foil slitting machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for aluminum foil from various end-use industries, such as food and beverage, pharmaceuticals, and cosmetics. In addition, the growing demand for lightweight and durable materials is also fueling the growth of this market. Based on type, the global aluminum foil slitting machines market can be segmented into automatic and semi-automatic segments. The automatic segment is expected to grow at a higher CAGR than the semi-automatic segment during the forecast period from 2018 to 2030. This growth can be attributed to factors such as ease of use and low maintenance requirements of automatic machines compared with semi-automatic machines. Based on application, the global aluminum foil slitting machines market can be divided into foil slitting, paper slitting, fabric slitting, and tape slitting segments. The foil slitters are used for applications that require thin sheets or strips of metal with uniform widths down to 0 .001 inches (0 .025 mm).
Product Definition:
Aluminum foil slitting machines are used to cut aluminum foil into thin strips. This is important because it allows the aluminum foil to be easily folded and stored. It also makes it easier to use in cooking or baking.
Automatic:
Automatic aluminum foil slitting machines are used for cutting thin sheets from a roll of aluminum foil. The product is widely utilized in the food packaging industry owing to its properties such as lightweight, recyclability, and high strength. It can also be easily customized according to the client requirements which makes it suitable for various end-use industries such as pharmaceuticals and electronics among others.
Semi-Automatic:
Semi-automatic foil slitting machines are used for cutting semi-circular or slightly curved surfaces in the range of 30 to 45 degrees. The machine is equipped with a sensor that detects the position of the blade and controls feed rate and speed. These machines can be programmed using an optional external control device, which allows operators to adjust settings such as depth of cut, number of cuts per minute, and so on.
Application Insights:
In 2017, the foil slitting application segment accounted for the largest market share in terms of revenue as well as volume. The segment is projected to expand at a CAGR of XX% over the forecast period owing to its high demand from various end-use industries including electrical and electronics, automotive and transportation, packaging and others. In addition, increasing product demand for manufacturing solar panels is also expected to drive growth over the coming years.
The paper slitting application segment is estimated to witness significant growth during the forecast period owing to its rising use in several applications such as packaging material (boxes & cartons), tissue papers/greeting cards etc., which are widely used across various end-use industries globally. Moreover, growing digitalization has also increased usage of electronic devices such as smartphones that have ledto an increase in consumption rate of printed materials or documents such as books etc., which further boosts industry growth during any given year globally speaking.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of aluminum foil manufacturers in China, which accounts for approximately 80% of the total production, is one of the key factors contributing to regional growth. In addition, increasing demand for packaged food products and rapid industrialization are also likely to contribute toward product demand over the next eight years.
Europe accounted for a significant share in terms of revenue as well as volume owing to high consumption levels coupled with growing application sectors such as paper & packaging material, fabric & textile industry. Growing consumer awareness regarding sustainability issues has resulted into increased adoption rate electric vehicles across major countries including Germany and France among others; this trend is projecteded drive product sales over coming years.
Growth Factors:
- Increasing demand for aluminum foil from various end-use industries such as food and beverage, pharmaceuticals, cosmetics, and others
- Rising adoption of aluminum foil in packaging applications
- Growing popularity of lightweight and durable aluminum foils in transportation sector
- Technological advancements in slitting machines that offer high speed and accuracy
- Rising investments by key players to expand their production capacities
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Foil Slitting Machines Market Research Report
By Type
Automatic, Semi-Automatic
By Application
Foil Slitting, Paper Slitting, Fabric Slitting, Tape Slitting
By Companies
IHI, BHOOMI INDUSTRIES, Jiaxing Patsons Machinery, Blue Sky Machine, HCI Converting Equipment, Nicely Machinery, Toshin, Atlas Converting Equipment, Ghezzi and Annoni, NISHIMURA, IHI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Foil Slitting Machines Market Report Segments:
The global Aluminum Foil Slitting Machines market is segmented on the basis of:
Types
Automatic, Semi-Automatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Foil Slitting, Paper Slitting, Fabric Slitting, Tape Slitting
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IHI
- BHOOMI INDUSTRIES
- Jiaxing Patsons Machinery
- Blue Sky Machine
- HCI Converting Equipment
- Nicely Machinery
- Toshin
- Atlas Converting Equipment
- Ghezzi and Annoni
- NISHIMURA
- IHI
Highlights of The Aluminum Foil Slitting Machines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automatic
- Semi-Automatic
- By Application:
- Foil Slitting
- Paper Slitting
- Fabric Slitting
- Tape Slitting
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Foil Slitting Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum foil slitting machines are used to cut aluminum foil into desired shapes. These machines use a rotating blade that cuts the aluminum foil into thin strips.
Some of the key players operating in the aluminum foil slitting machines market are IHI, BHOOMI INDUSTRIES, Jiaxing Patsons Machinery, Blue Sky Machine, HCI Converting Equipment, Nicely Machinery, Toshin, Atlas Converting Equipment, Ghezzi and Annoni, NISHIMURA, IHI.
The aluminum foil slitting machines market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Foil Slitting Machines Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Aluminum Foil Slitting Machines Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aluminum Foil Slitting Machines Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Aluminum Foil Slitting Machines Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Aluminum Foil Slitting Machines Market Size & Forecast, 2020-2028 4.5.1 Aluminum Foil Slitting Machines Market Size and Y-o-Y Growth 4.5.2 Aluminum Foil Slitting Machines Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Automatic
5.2.2 Semi-Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Foil Slitting
6.2.2 Paper Slitting
6.2.3 Fabric Slitting
6.2.4 Tape Slitting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Foil Slitting Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Foil Slitting Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Automatic
9.6.2 Semi-Automatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Foil Slitting
9.10.2 Paper Slitting
9.10.3 Fabric Slitting
9.10.4 Tape Slitting
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Automatic
10.6.2 Semi-Automatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Foil Slitting
10.10.2 Paper Slitting
10.10.3 Fabric Slitting
10.10.4 Tape Slitting
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Automatic
11.6.2 Semi-Automatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Foil Slitting
11.10.2 Paper Slitting
11.10.3 Fabric Slitting
11.10.4 Tape Slitting
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Automatic
12.6.2 Semi-Automatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Foil Slitting
12.10.2 Paper Slitting
12.10.3 Fabric Slitting
12.10.4 Tape Slitting
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Automatic
13.6.2 Semi-Automatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Foil Slitting
13.10.2 Paper Slitting
13.10.3 Fabric Slitting
13.10.4 Tape Slitting
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Foil Slitting Machines Market: Competitive Dashboard
14.2 Global Aluminum Foil Slitting Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IHI
14.3.2 BHOOMI INDUSTRIES
14.3.3 Jiaxing Patsons Machinery
14.3.4 Blue Sky Machine
14.3.5 HCI Converting Equipment
14.3.6 Nicely Machinery
14.3.7 Toshin
14.3.8 Atlas Converting Equipment
14.3.9 Ghezzi and Annoni
14.3.10 NISHIMURA
14.3.11 IHI