Die-cutting Machine Market Size, Share, Opportunities, And Trends By Type (Rotary Type, Flat-Bed Type, Others), By Material (Plastic, Metal, Rubber, Others), By End-User (Automotive, Electronics, Medical, Packaging, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : Feb 2024
  • Report Code : KSI061616590
  • Pages : 140

The die-cutting machine market is expected to show steady growth during the forecast period. A die-cutting machine is used for cutting various materials into precise shapes and sizes. It operates by applying pressure to a metal die, which is a specialized tool shaped to the desired pattern or design and can cut paper, cardboard, fabric, leather, and metal. Such machine finds applicability in numerous sectors, such as packaging, automotive, electronics, and medical. Bolstering growth in such end-users, coupled with the establishment of manufacturing facilities, is driving the die-cutting machine market growth.

Market Drivers

  • The growing packaging industry bolsters the die-cutting machine market growth.

Die-cutting machines allow for precise and high-speed cutting of a variety of packaging materials such as cartons, labels, and corrugated boards. As the e-commerce and retail sectors expand globally, there is an increasing demand for efficient packaging solutions, which has positively impacted the overall packaging sector growth. For instance, according to the Packaging Corporation of America, in 2022, $7,780.7 million revenue was generated in packaging, and $622.1 million revenue was generated by paper, which represented a significant increase in revenue compared to the year 2021.

  • The establishment of manufacturing plants propelled the die-cutting machine industry growth.

Die-cutting machines provide efficient and accurate cutting solutions owing to which they are widely used to manufacture automotive components such as gaskets, labels, foam inserts, and seals. By cutting through a variety of materials such as rubber, plastic, and metal, die-cutting improves overall quality and durability. Booming demand for advanced vehicles coupled with urbanization has led to the establishment of new automotive production facilities. For instance, in February 2023, BMW Group announced to invest in its production plant in San Luis Potosí, Mexico, where the company will manufacture NEUE KLASSE by 2027.

  • Technological advancement bolsters the die-cutting machine market growth.

Technological innovations have improved speed, accuracy, monitoring, and versatility in cutting various materials. These technological advancements attract customers looking for higher productivity and cost-efficiency, which extensively increased their adoption in numerous manufacturing facilities. For instance, SBL Machinery offers SBL-820SE, which is an automatic platen die-cutting and creasing machine that consists of an advanced large-size touchscreen monitor system for easy operation and troubleshooting as well as offers a maximum punching speed of 8000S/H.

Asia-Pacific is expected to grow significantly

Asia Pacific is anticipated to account for a significant share of the die-cutting machine market due to the establishment of numerous manufacturing facilities in the major economies in the region. For instance, in January 2024, VinFast, Vietnam's leading electric vehicle (EV) manufacturer, and the Tamil Nadu State Government announced a landmark partnership in a Memorandum of Understanding (MoU) for the construction of an integrated electric vehicle facility in Tamil Nadu, India. Additionally, in November 2023, Polestar expanded its manufacturing footprint to South Korea with the production of Polestar 4 set to begin in Busan in 2025. Moreover, in June 2023, Garrett Motion completed the development of its automotive plant in Wuhan, China.

Market Restraints

  • High initial cost will restrain the die-cutting machines market growth.

Die-cutting machines are very expensive to buy initially, and the high initial cost may limit small and medium-sized businesses from implementing this technology, particularly if they have limited budgets or capital resources, which may affect the die-cutting machines market growth.

Market Development

  • November 2023- JWEI signed a strategic cooperation agreement with the ESKO, an industry leader in packaging design and printing processes at the 9th all in Print China 2023, to collaborate and create more value for customers.
  • November 2021- BOBST announced the launch of MASTERLINE DRO, a new rotary die-cutting solution that sets the new gold standard for inside-outside printing and enables exceptional productivity, with an output of more than 40 million square meters per year, by combining high-volume production on simple boxes and added-value packaging with qualitative printing and die-cutting.

Company Products

  • TECHNOCUT 1050- DGM Global offers the TECHNOCUT 1050, a fully automatic, intelligent flat die-cutting and creasing machine. It offers precise centering, high speed, simple operation, and stable performance features, making it an excellent choice for customers and widely used for large-format cutting. It features a cutting force of 300 tons with a speed of 7500 s/h and a fully instinctive, nonstop paper-feeding system.
  • Duopress Power 106CSB- The Duopress Power 106CSB offered by MK Masterwork is a die-cutting machine with dual stations and blanking capabilities. It is versatile and can be configured to fit a variety of products with a 1060mm format embossing and cutting unit that can emboss and cut 7,000 times per hour, and this machine is suitable for paper or cardboard weighing 90-2000g/m².
  • SBL-820E- SBL-820E is an automatic Platen die-cutting and creasing? machine provided by SBL MACHINERY. It is accessible in a wide feeding range of 320x280mm to 815x605mm, with a maximum speed of 8000 sheets per hour. It features a touchscreen monitor with a computerized self-diagnostic system that is simple to use and useful for troubleshooting in each section. SBL-820E cutting pressure can be adjusted based on the stocks, with a maximum pressure of 200 tons.

Segmentation

  • By Type
    • Rotary Type
    • Flat-Bed Type
    • Others
  • By Material
    • Plastic
    • Metal
    • Rubber
    • Others
  • By End-User
    • Automotive
    • Electronics
    • Medical
    • Packaging
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits to the stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Russia-Ukraine War Impact Analysis

5. DIE-CUTTING MACHINE MARKET BY TYPE

5.1. Introduction

5.2. Rotary Type

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Flat-Bed Type

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

5.4. Others

5.4.1. Market Trends and Opportunities

5.4.2. Growth Prospects

5.4.3. Geographic Lucrativeness

6. DIE-CUTTING MACHINE MARKET BY MATERIAL

6.1. Introduction

6.2. Plastic

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Metal

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

6.4. Rubber

6.4.1. Market Trends and Opportunities

6.4.2. Growth Prospects

6.4.3. Geographic Lucrativeness

6.5. Others

6.5.1. Market Trends and Opportunities

6.5.2. Growth Prospects

6.5.3. Geographic Lucrativeness

7. DIE-CUTTING MACHINE MARKET BY END-USER

7.1. Introduction

7.2. Automotive

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.2.3. Geographic Lucrativeness

7.3. Electronics

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

7.3.3. Geographic Lucrativeness

7.4. Medical

7.4.1. Market Trends and Opportunities

7.4.2. Growth Prospects

7.4.3. Geographic Lucrativeness

7.5. Packaging

7.5.1. Market Trends and Opportunities

7.5.2. Growth Prospects

7.5.3. Geographic Lucrativeness

7.6. Others

7.6.1. Market Trends and Opportunities

7.6.2. Growth Prospects

7.6.3. Geographic Lucrativeness

8. DIE-CUTTING MACHINE MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Type

8.2.2. By Material

8.2.3. By End-User

8.2.4. By Country

8.2.4.1. United States

8.2.4.1.1. Market Trends and Opportunities

8.2.4.1.2. Growth Prospects

8.2.4.2. Canada

8.2.4.2.1. Market Trends and Opportunities

8.2.4.2.2. Growth Prospects

8.2.4.3. Mexico

8.2.4.3.1. Market Trends and Opportunities

8.2.4.3.2. Growth Prospects

8.3. South America

8.3.1. By Type

8.3.2. By Material

8.3.3. By End-User

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.1.1. Market Trends and Opportunities

8.3.4.1.2. Growth Prospects

8.3.4.2. Argentina

8.3.4.2.1. Market Trends and Opportunities

8.3.4.2.2. Growth Prospects

8.3.4.3. Others

8.3.4.3.1. Market Trends and Opportunities

8.3.4.3.2. Growth Prospects

8.4. Europe

8.4.1. By Type

8.4.2. By Material

8.4.3. By End-User

8.4.4. By Country

8.4.4.1. United Kingdom

8.4.4.1.1. Market Trends and Opportunities

8.4.4.1.2. Growth Prospects

8.4.4.2. Germany

8.4.4.2.1. Market Trends and Opportunities

8.4.4.2.2. Growth Prospects

8.4.4.3. France

8.4.4.3.1. Market Trends and Opportunities

8.4.4.3.2. Growth Prospects

8.4.4.4. Italy

8.4.4.4.1. Market Trends and Opportunities

8.4.4.4.2. Growth Prospects

8.4.4.5. Spain

8.4.4.5.1. Market Trends and Opportunities

8.4.4.5.2. Growth Prospects

8.4.4.6. Others

8.4.4.6.1. Market Trends and Opportunities

8.4.4.6.2. Growth Prospects

8.5. Middle East and Africa

8.5.1. By Type

8.5.2. By Material

8.5.3. By End-User

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.1.1. Market Trends and Opportunities

8.5.4.1.2. Growth Prospects

8.5.4.2. UAE

8.5.4.2.1. Market Trends and Opportunities

8.5.4.2.2. Growth Prospects

8.5.4.3. Others

8.5.4.3.1. Market Trends and Opportunities

8.5.4.3.2. Growth Prospects

8.6. Asia Pacific

8.6.1. By Type

8.6.2. By Material

8.6.3. By End-User

8.6.4. Japan

8.6.4.1.1. Market Trends and Opportunities

8.6.4.1.2. Growth Prospects

8.6.5. China

8.6.5.1.1. Market Trends and Opportunities

8.6.5.1.2. Growth Prospects

8.6.6. India

8.6.6.1.1. Market Trends and Opportunities

8.6.6.1.2. Growth Prospects

8.6.7. South Korea

8.6.7.1.1. Market Trends and Opportunities

8.6.7.1.2. Growth Prospects

8.6.8. Taiwan

8.6.8.1.1. Market Trends and Opportunities

8.6.8.1.2. Growth Prospects

8.6.9. Thailand

8.6.9.1.1. Market Trends and Opportunities

8.6.9.1.2. Growth Prospects

8.6.10. Indonesia

8.6.10.1.1. Market Trends and Opportunities

8.6.10.1.2. Growth Prospects

8.6.11. Others

8.6.11.1.1. Market Trends and Opportunities

8.6.11.1.2. Growth Prospects

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. HOACO Automation Technology

10.2. DGM Global

10.3. International Cutting Die

10.4. MK Masterwork

10.5. SBL MACHINERY CO., LTD

10.6. Autoprint Machinery Manufacturers Pvt. Ltd


HOACO Automation Technology

DGM Global

International Cutting Die

MK Masterwork

SBL MACHINERY CO., LTD

Autoprint Machinery Manufacturers Pvt. Ltd