Paper Slitting Machine Market 2020: Market Restraining Factors & Market Share

Stringent Government Regulations and Uncertainty in the Global Trade to Hinder Growth

The recent outbreak of COVID-19 pandemic is anticipated to hamper the market growth over the coming years. The governments have reduced the global trade of non-essential products, thus limiting the sale of these machines across the regions or countries. Owing to the increasing spread of COVID-19, the governments are imposing stringent lockdowns in countries, which is slowing the overall economic conditions. This has impacted the new purchase decisions of organizations, thus hampering the paper slitting machine market growth.

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Shear Blades Segment to Hold Highest Market Share in the Forecast Period

The shear blade segment is projected to have the highest market growth due to the high accuracy of the cutting process. Owing to its high accuracy, majority of the manufacturers install shear blade system, making them the most widely adopted type of blades. These blades very often get cracks & defects and also can be sharpened several times before flattening.

Moreover, the razor blade segment is expected to exhibit moderate market growth, as these blades are of low cost and thus are highly installed by the Chinese players. These blades are very easy to set up. Hence, they are often installed in those machines that are used to manufacture different types of paper products. Furthermore, the air score blade is anticipated to experience sluggish growth with respect to the other types of blades, as these units have softer materials and are also very difficult to set up as compared to others.