Global Flatbed Die Cutters Market: Overview
Die cutting machines or cutters are used in various industries to cut materials in the desired shapes. Generally, in the market, there are two types of die cutting machines available, which are flatbed die cutters and rotary die cutters. Flatbed die cutters are used for low-volume projects and cost-effective operations. Simple projects with minimum operators and cost are possible due to flatbed die cutters.
Flatbed die cutters are used in customized manufacturing and projects due to their high interchangeability and cost-effectiveness. As they are cost-effective and easy to operate, flatbed die cutters are used more as compared to other die cutting machines. In flatbed die cutter machines, new advancements in technology such as laser cutting, digital printing, and design enhancement offer a unique opportunity to the businesses involved in the flatbed die cutters market.
Global Flatbed Die Cutters Market: Dynamics
Global industrialization and increased production are driving the demand for flatbed die cutters. The demand for flatbed die cutters has increased due to new manufacturers and end-user industries entering the market. The manufacturers and designers of flatbed die cutters are focusing on research and development to introduce new technology and reduce the initial cost of these machines.
Flatbed die cutter machines need new cutters for every new project, and also incur higher maintenance costs, which is restraining the growth of the market. The overall flatbed die cutters market depends upon the textile, decoration, stationery, and automobile industries. These flatbed die cutter machines are also helping to increase the demand for the cutting tools and parts required in die cutting machines.
The flatbed die cutters market is experiencing sluggish growth as compares to the rotary die cutters market, due to the low volume and speed of the machines available in the market. In the future, the improvement in capacity and digitalization will help boost the demand for flatbed die cutters. Recently, Graphtec Corporation developed flatbed digital cutters to with an extensive range of materials now used in sign making technologies.
Flatbed Die Cutters Market: Geographical Outlook
The global flatbed die cutters market is segmented into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. The Asia Pacific region is estimated to dominate the global flatbed die cutters market by the end of the forecast period. Due to the rapid industrialization in China, India, Japan, and ASEAN countries, the demand for flatbed die cutters is increasing in the Asia Pacific region.
After the Asia Pacific region, Europe is the second-largest market for flatbed die cutters, owing prominent automotive and textile leaders such as Germany, Italy, France, and the U.K. In North America, the United States plays a key role in the growth of the flatbed die cutters market. Latin America and the Middle East & Africa are expected to show sluggish growth during the forecast period. By considering the country level growth of the flatbed die cutters market, China is projected to dominate the global market throughout the forecast period.
Flatbed Die Cutters Market: Key Players
Some of the key players operating in the global flatbed die cutters market are as follows:
- Asahi Machinery Limited
- Bobst Group SA
- Cerutti Group
- Dalian Yutong
- Hannan Products
- Higher Shengli Printing Machinery Group
- Iijima Seisakusho Co Ltd
- JihShuenn Electronic Machine Industrial
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The global flatbed die cutters market has been divided into seven regions
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Middle East & Africa (MEA)
Global Flatbed Die Cutters Market: Segmentation
The global flatbed die cutters market is segmented on the basis of material processed, operating technology, and end-user industry, as follows:
On the basis of material processed, the global flatbed die cutters market is segmented into:
- Carton Boards
- Corrugated Boards
- Wooden Boards
- Semi-rigid Plastic
On the basis of operating technology, the global flatbed die cutters market is segmented into:
On the basis of end-user industry, the global flatbed die cutters market is segmented into:
- Other Industrial