The global rotary die cutters market is estimated to register growth at a CAGR of 2.2% during the forecast period, from 2022 to 2030, as per an analysis by Transparency Market Research (TMR).
The adoption of rotary die cutters is being increasing across different industry verticals owing to their ability to help in minimizing the workload on employees and reducing the overall operating costs, states a TMR report on the rotary die cutters market. In addition, these cutters help in advancing the productivity levels. These advantages of the machine are likely to result into profitable prospects for companies operating in the rotary die cutters market during the forecast period, note analysts at TMR. Hence, the global rotary die cutters market share is expected to attain a value of US$ 561.5 Mn by 2030.
The rotary die cutters market in Europe is prognosticated to maintain leading position during the forecast period, according to analysts at TMR. The regional market growth is ascribed to several factors including a rise in the adoption of rotary die cutters in the e-commerce industry. Moreover, an increase in the product demand from the food and grocery packaging industry of the region is estimated to fuel the Europe rotary die cutters market in the forthcoming years.
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Rotary Die Cutters Market: Key Findings
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Rotary Die Cutters Market: Growth Boosters
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Rotary Die Cutters Market: Key Players
Some of the key players profiled in the report are:
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