According to the research report titled ‘Global Roll Slitting Machines market by product Type (Roll/Log Slitters and Slitter Rewinders), Material (Paper, Polymers, Foil, and Other), and Operation (Manual and Automatic): Global Opportunity Analysis and Industry Forecast, 2020-2027’, available with Market Study Report, global roll slitting machines market was worth USD 2,366.4 million in 2020 and is expected to register 3.6% CAGR over 2021-2027 to reach a valuation of USD 3,031.14 million by the forecast period end.
 

Surging metal cutting activities, alongside adoption of artificial intelligence and automation technologies in sheering operations of paper and plastic are catalyzing the growth of global roll slitting machines market.
 

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For instance, IMS Technologies, an auxiliary of Coeclerici S.p.A partnered with Reifenhäuser India Marketing Private Limited (RIMPL) in July 2020 to support its service quality inclusive of deals and aftersales in India.
 

For the unversed, roll slitting machines, also known as log slitters, bologna cutters, or baloney slicers are used to cut large rolls of materials like paper and aluminum, into thinner rolls with specific dimensions.
 

Additionally, development of technologically advanced products equipped with touch screen programmable logic controller (PLC) are also expected to propel revenue flow in the industry.
 

However, stringent governmental directives are anticipated to hinder the growth of the business domain over the projected timeframe.
 

In terms of product type, the industry is split  into slitter, rewinder and roll, whereas based on material type, the market space is classified into foil, paper, aluminum, and others. Speaking of operation, the market sphere is divided into automatic and manual.
 

Moving on to regional terrain, Asia Pacific, Europe, North America, and Latin America are major contributors to industry valuation. Among these, Asia Pacific is anticipated to capture a major market share over 2021-2027, owing to developing spotlight on robotization and technological headway.
 

Leading companies in global roll slitting machines market include Kashif Saeed General Trading LLC, Orion Graphic Machinery, ibW Rührwerkstechnik GmbH, K M Trivedi Engineering Pvt. Ltd., Oteman, Ghezzi & Annoni S.p.A, H. R. (Paper) Machinery Private Limited, R. K. Label Printing Machinery Private Limited, Hariram Engineering and C.M.C Converting Machinery Cevenini S.R.L. among others.