Die Cutting Machines Market Size, Share, By Product (Flat Die Cutting Machine, Laser Die Cutting Machinery, and Rotary Die Cutting Machine), By Technology (Metal-to-Metal, Kiss Cutting, and Slitting & Scoring), By Distribution Channel (Direct Sales and Distributor Sales), By End-use (Automobile Industry, Medical & Pharmaceutical Industry, Textile Industry, Manufacturing, and Other Industrial Domains), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI99519 | Publish Date: April 2024 | No. of Pages: 170

Global Die Cutting Machines Market Overview

Die Cutting Machines Market Size was valued at US$1.9 billion in 2024 and is projected to grow at a CAGR of 5.5% to reach US$3.1 billion by 2034.

Die cutting machines are helpful for many materials, including paper, linoleum, cardboard, corrugated board, fire board, cork, leather, plastic, and PVC. They may also be used for scoring and creasing tasks. Using a die cutting machine has several advantages, including cheap operating costs, speed, precision, the use of unskilled personnel, and material savings. Almost every scrap booker, artist, or craftsman uses a die-cutting machine to create one-of-a-kind items. Customers may choose from a wide variety of die cutting machines based on their own needs. To form the desired shape, the ram-type machine forces the material through the die. Between the cutting die and the punching ram in the feeding tray are the stacks of printed material that have been square-cut.

Die-cutting machine market growth is primarily driven by the world's rapid industrialization. Global demand for die-cutting machines is also expanding due to growing demand from different industrial operations. However, the use of sharp blends and the costly maintenance required if broken make these die-cutting machines unsafe, which is projected to impede the worldwide market growth throughout the forecast period. Over the forecast period, the die-cutting machines market is anticipated to have several possibilities due to various technical advances and increased demand from industrial operations.

Die Cutting Machines Market Size

Global Die Cutting Machines Market Drivers & Restraints

Key Drivers of Target Market:

Expansion of the packaging industry

  • One of the primary forces behind the growth of the Die Cutting Machines Market is the growing demand from companies across a variety of industries, including consumer products, food and beverage, and medicines, for high-quality, customizable packaging solutions. Consumers' increasing desire for eye-catching labels and packaging to encourage customer interaction is driving up demand for improved die cutting machinery.
  • Automation and digital die cutting are two technological advancements that increase operating precision and efficiency, reduce waste, and enable mass manufacturing with minimal human contact. Environmental concerns and the growing emphasis on sustainable packaging materials are also driving advancements in die-cutting technology, making machines more versatile and effective in handling various eco-friendly materials.

Integration of Industry 4.0

  • Industry 4.0 and smart production provide new insights for integrating loT and Al in die-cutting machines, which may result in predictive maintenance, continuous tracking, and higher productivity. Businesses have a chance to create machinery to satisfy the growing need for specialized and packaged solutions.
  • Furthermore, because of increased industrialization, urbanization, and growing disposable incomes, developing countries in South America, Africa, and the Asia-Pacific region offer tremendous economic potential. The need for automated die-cutting gear is increasing as businesses in these regions improve their production processes.

Restrains:

Not environmentally friendly

  • The constantly changing regulatory environment, especially with regard to safety and environmental requirements. Die-cutting procedures sometimes require the use of various materials, such as substrates, adhesives, and inks, some of which may include ingredients that are considered hazardous to human health or the environment.
  • Die-cutting sector businesses may have to engage in sustainable practices and use materials that comply with laws as they grow more severe, which might affect manufacturing processes and raise operating expenses. The market for die-cutting machines is also challenged by technological obsolescence. Older die-cutting machine models may need to be updated due to the quick advancement of technology; therefore, in order for manufacturers to remain competitive, they must continuously innovate and improve their offerings.

Global Die Cutting Machines Market Segmentations & Regional Insights

The market is segmented based on product, technology, distribution channel, end-use, and region.

Product Insights:

  • Flat Die Cutting Machine:

The most popular kind of die-cutting machine is the flat die-cutting machine. It cuts out particular forms by applying pressure to the material with a flat metal die. Flat die cutters are renowned for their inexpensive, easy-to-use operation and straightforward design. They are appropriate for a variety of applications since they can handle a wide range of materials.

  • Laser Die Cutting Machinery:

This technology cuts forms in the material by using a laser or another perfectly focused light source. Precise control over the laser beam makes creating complex cuts and shapes possible.

  • Rotary Die Cutting Machine:

This kind feeds a web of material through the machine, which uses a continually revolving cylindrical die to cut forms continuously and accurately. For large-scale production runs when uniformity and speed are crucial, this is perfect.

Among the segments mentioned above, the one that dominated the market is the Flat Die Cutting Machine due to its versatility, low cost, and ease of use.

Technology Insights:

  • Metal-to-Metal:

In this age-old die-cutting technique, a sharp metal die physically cuts through the material by exerting mechanical pressure.

  • Kiss Cutting:

This method utilizes a somewhat dull die to cut through the material, separating it from the backing material only slightly. Pressure-sensitive adhesive applications, such as labels and stickers, frequently employ this method.

  • Slitting & Scoring:

Slitting is cutting material with a sharp blade to make narrow cuts, while scoring is making creases or folds without cutting through using a dull instrument. These methods are frequently used with die-cutting when producing brochures or packing materials.

Among the segments mentioned above, the Metal-to-Metal segment dominates the market, as it is an established segment that is easy to use and has a simple mechanism for use.

Distribution Channel Insights:

  • Direct Sales:

Manufacturers utilize their own sales force or internet platforms to market die-cutting equipment directly to final consumers. This strategy allows them to exercise more control over product training and customer support.

  • Distributor Sales:

Producers disperse their equipment via an industrial machinery-focused network of distributors. These distributors may offer clients a broader reach and local knowledge.

End-use Insights:

  • Automobile Industry:

A wide range of applications call for the widespread usage of die-cutting machines in this sector. These machines are designed to accurately cut a wide range of materials, including leather for upholstery, steering wheels, gear shift knobs, and airbags; textiles for seat coverings, headliners, and interior components; and soundproofing materials for sealing engine components.

  • Medical & Pharmaceutical Industry:

In the medical and pharmaceutical industries, die cutting creates sticky labels, packaging materials, and parts for medical devices.

  • Textile Industry:

Die-cutting machines are essential to the textile industry's ability to shape materials for various uses. They are employed in the exact cutting of forms for upholstery (making elaborate patterns and designs), clothing (pockets, collars, and cuffs), and other textile items (banners, flags, and filters).

  • Manufacturing:

Die cutting is used to create labels, packing materials, gaskets, and other components in various industrial industries.

  • Other Industrial Domains:

Food and beverage packaging, electronics, printing and graphics, and aerospace are just a few of the sectors that employ die-cutting equipment.

Die Cutting Machines Market Regional Insights

  • The North America: The market is estimated to witness a significantly high revenue share over the forecast period because of the robust presence of top die-cutting machine manufacturers and a well-established industrial foundation.
  • Asia Pacific: The market is estimated to witness the largest revenue share because of the region's fast industrialization and rising demand for consumer products. One significant player in this market is China.
  • The Europe: market finds lucrative market opportunities because of technical breakthroughs and an emphasis on automation and precision in die-cutting procedures.
  • The Latin America: market is growing gradually due to rising manufacturing investments and knowledge of die-cutting technology.
  • The Middle East and Africa:  market is an emerging market, driven by the growth of industrial infrastructure and upcoming developments in die-cutting technology.

Die Cutting Machines Market Report Scope:

Attribute

Details

Market Size 2024

US$ 1.9 billion

Projected Market Size 2034

US$ 3.1 billion

CAGR Growth Rate

5.5%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Flat Die Cutting Machine, Laser Die Cutting Machinery, and Rotary Die Cutting Machine.

By Technology - Metal-to-Metal, Kiss Cutting, and Slitting & Scoring.

By Distribution Channel - Direct Sales and Distributor Sales.

By End-use - Automobile Industry, Medical & Pharmaceutical Industry, Textile Industry, Manufacturing, and Other Industrial Domains.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Die Cutting Machines Market report based on product, technology, distribution channel, end-use, and region.

Segmentation:

By Product:

  • Flat Die Cutting Machine
  • Laser Die Cutting Machinery
  • Rotary Die Cutting Machine

By Technology:

  • Metal-to-Metal
  • Kiss Cutting
  • Slitting & Scoring

By Distribution Channel:

  • Direct Sales
  • Distributor Sales

By End-use:

  • Automobile Industry
  • Medical & Pharmaceutical Industry
  • Textile Industry
  • Manufacturing
  • Other Industrial Domains

Die Cutting Machines Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Die Cutting Machines Market Competitive Landscape & Key Players

The key players operating the Die Cutting Machines Market include ASAHI Group Holding Ltd., Bobst Group S.A., Cerutti Group S.A., Sanwa Mfg. Co. Ltd., Duplo data AS, Shandong Century Machinery Co. Ltd, Hannan Products Company, Inc., Heidelberger Druckmaschinen AG, Higher Shengli Printing Machinery Group, IIJIMA MFG Corp., and Labelmen Enterprises.

Die Cutting Machines Market Companies

Global Die Cutting Machines Market Recent News

  • In May 2024, Duplo USA expanded its B2 range by introducing two significant products in North America: The DuSense DDC-8000 B2 Raised Spot UV Coater and the DSM-1000 B2 Platen Die Cutter. Both solutions demonstrate the brand's dedication to remaining at the forefront of the industry by consistently developing equipment to meet the demands of the modern market. They are now displayed at Drupa in the Duplo stand in Hall 6 A31.
  • In March 2022, BOBST announced that folding carton and corrugated box producers worldwide could commercially purchase its flagship flatbed die-cutter, MASTERCUT 1.65. The MASTERCUT 1.65, which combines the best of BOBST innovation and technology, is a one-of-a-kind machine that can easily handle both solid corrugated board and carton. It is the only machine on the market made explicitly for litho-laminated converting.

Global Die Cutting Machines Market Company Profile

  • ASAHI Group Holding Ltd.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bobst Group S.A.
  • Cerutti Group S.A.
  • Sanwa Mfg. Co. Ltd.
  • Duplo data AS
  • Shandong Century Machinery Co. Ltd
  • Hannan Products Company, Inc.
  • Heidelberger Druckmaschinen AG
  • Higher Shengli Printing Machinery Group
  • IIJIMA MFG Corp.
  • Labelmen Enterprises

“*” marked represents similar segmentation in other categories in the respective section.

FAQs

Die Cutting Machines Market is segmented based on product, technology, distribution channel, end-use, and region.

The key factors driving the Die Cutting Machines Market include the growth of packaging and automotive industries, increasing demand for customized die-cut products, technological advancements, and the need for efficient production processes.

The report typically considers regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is expected to dominate the Die Cutting Machines Market due to its large manufacturing base and significant investments in industries like packaging and automotive.

The key players operating the target market includes, ASAHI Group Hoilding Ltd., Bobst Group S.A., Cerutti Group S.A., Zhengzhou Yutong Group Co., Ltd., Duplo data AS, FXD LLC, Hannan Products Compant, Inc., Heidelberger Druckmaschinen AG, Higher Shengli Printing Machinery Group, IIJIMA MFG Corp., and Labelmen Enterprises.