The global webbing cutting machine market is estimated to exceed US$ 2 billion by 2022, increasing at a CAGR of 2% to 3% during the forecast period (2022-2032). The global market for webbing cutting machines is expected to reach US$ 3 billion by 2032. The necessity for accurate and effective cutting of webbing used for lifting industrial bulk containers will drive up demand.
Webbing cutting machines are also known as belt cutting machines. They can cut and seal synthetic materials such as polyester, nylon, and others automatically. These machines are widely employed in the production of woven belts, flat cables, strap belts, plastic zippers, hook and loop tapes, and shrinkable tubes.
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Market Competition
Key manufacturers in the global webbing cutting machines market include
- Lohia Group,
- DEMA Sewing Solutions,
- Seattle Fabrics Inc.,
- John Howard Company,
- PIX Transmissions Ltd.,
- Kingsing Auto Co. Ltd.,
- Honggang Cutting Machine Co. Ltd.,
- Hightex Special Sewing Machine Inc.,
- Brother Industries Ltd., among others.
Leading players are advancing their manufacturing technologies to gain a competitive edge in the market, as well as to reduce material wastage and human interference.
What are the main trends driving demand for webbing cutting machines?
The demand for webbing cutting machines is likely to rise as the textile industry advances. Furthermore, the growing demand for automation among various firms to reduce labour and material waste would open up new market opportunities.
Another element predicted to drive continuous developments in webbing cutting equipment is rising need for precise and efficient webbing cutting. This is likely to stimulate market expansion.
Furthermore, the packaging industry is seeing an increase in the use of webbing cutting machines. Sales are increasing as a result of increased consumption of processed or canned foods and beverages, as well as increased usage of medications and cosmetics.
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Which are the Factors Restraining the Growth of Webbing Cutting Machine Market?
According to Future Market Insights (FMI), large capital investments and high maintenance cost of webbing cutting machines are expected to pose as a challenge for new across underdeveloped regions.
In addition to this, shortage of skilled professionals and lack of knowledge regarding the webbing cutting machines in the developing countries such as China, Brazil, India, and others are likely to restrain the growth.
Also, the increasing energy consumption owing to the use of automated technologies in the various industries might impede the demand during the forecast period.
Key Segments Profiled in the Webbing Cutting Machines Market
Driven Type:
- Electrical
- Mechanical
Automation:
- Automatic Webbing Cutting Machines
- Sem-Automatic Webbing Cutting Machines
Webbing Width:
- Below 20 mm
- 20 – 120 mm
- 120 – 240 mm
- Above 240 mm
End-Use Industry:
- Apparel & Textiles
- Machinery & Hardware
- Food & Beverages
- Electrical & Electronics
- Pharmaceuticals
- Logistics & Transportation
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Japan
- Middle East & Africa
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Material Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
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