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Die-Cutting Service Market Share

Report ID: GMI11770
Published Date: Oct 2024
Report Format: PDF

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Die-Cutting Service Market Share

Global Die-Cutting Service Company Market Share Analysis, 2023

The die-cutting service industry is fragmented, with several regional companies operating on a global scale. In 2023, the Bernard Group, Gardico Inc, Colvin-Friedman Company, The Strouse Corporation, American Industrial Company led the market. To expand their customer base, broaden their product offerings, and establish a stronger foothold in the market, these corporations strategically deploy mergers, acquisitions, partnerships, and facility expansions. They also leverage their vast distribution networks and resources to investigate new markets.

Die-Cutting Service Market Companies

Major players operating in the die-cutting service industry are:

American Industrial Company
Baril Corporation
Bernard Group
Colvin-Friedman Company
Custom Fabricating & Supplies , Inc.
Eurolaser
Gardico Inc
Heubach Corporation
The Strouse Corporation
Thrust Industries

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for die-cutting service was reached USD 2 billion in 2023 and is expected to grow at a CAGR of over 3.8% from 2024 to 2032, attributed to its widespread applications in various industries, including packaging, automotive, textiles, electronics, and healthcare.

The rotary die-cutting segment accounted for approximately 44% share of the market in 2023 and expected to grow at a CAGR of 4% through 2032, due to its high-speed operations, enabling the swift production of substantial volumes of die-cut products.

The packaging segment dominated the die-cutting service market in 2023, holding around 52% of the market share, attributed to the pivotal role packaging plays in marketing and branding.

The Asia Pacific market for die-cutting service is projected to reach USD 1 billion by 2032, due to the rapid industrialization across multiple sectors, including packaging, automotive, textiles, and electronics.

Major key players in the die-cutting service market include American Industrial Company, Baril Corporation, Bernard Group, Colvin-Friedman Company, Custom Fabricating & Supplies, Inc., Eurolaser, Gardico Inc, Heubach Corporation, The Strouse Corporation, and Thrust Industries.