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Tension Control Market by Type, Component, Application And Region - Global Forecast to 2022

Tension Control Market: Global Forecast until 2022

  • April 2018
  • 115 pages
  • ID: 5371679
In this report:
Pharmaceutical & homecare is the fastest growing end-use for the flexible printing & packaging application, with a projected CAGR of ##.##% during the forecast period.
According to a report by PMMI, Mexico imports up to ##% of packaging machinery form the US, Germany, and Italy.
Automated tension control is the fastest growing segment for tension control, growing at a CAGR of ##.##% during the forecast period and is expected to reach a market size of USD ##.## million by 2022.

Summary

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The tension control market is estimated to rise at a compound annual growth rate of ~4.7 percent, between 2017 and 2022.

The tension control market is forecasted to grow from an estimated $891.40M in 2017 to $1118.80M by 2022, at a compound annual growth rate of ~4.7 percent, between 2017 and 2022. The growing demand for automated tension control and the growing transition toward flexible printing and packaging from rigid packaging are driving the industry across the globe. High capital costs for installation is a main restraint for the tension control market.

The manual segment is forecasted to hold the most important share of the tension control market, by category, during the estimate period.

The manual segment is forecasted to dominate the tension control market during the outlook period.The presence of small-scale printing & packaging sector in developing economies including China, India (IN), and Indonesia (ID) is predicted to push the manual tension control segment because of low operational and installation costs combined with it.

Asia Pacific (APAC) is anticipated to be the biggest tension control market during the estimate period.

Asia-Pac (APAC): The largest industry for tension control.

APAC is the biggest market for tension control.The fast growth in the flexible printing & packaging market, especially in the food & beverages market in Asia-Pac has created demand for the flexible packaging machinery, thereby boosting the industry demand for tension control in Asia Pacific (APAC).

China (CN), India (IN), and Indonesia (ID) are anticipated to grow at a quick pace during the outlook period.

Breakdown of Primaries

Comprehensive interviews have been managed with several key industry participants, subject-matter experts, C-suite executives of key industry players, and industry consultants to verify and obtain critical qualitative and quantitative info, as well as to evaluate future industry prospects. The classification of primaries interviews is like:

• By Company category: Tier 1 - 51.0 percent, Tier 2 - 30.0 percent, Tier 3 - 19.0 percent

• By Description: C-suite - 31.0 percent, D -Level- 43.0 percent, Others - 26.0 percent

By area: Asia Pacific - 30.0 percent, Europe - 27.0 percent, North america (NA) - 22.0 percent, Middle East - 11.0 percent, South America - 6.0 percent, Africa - 4.0 percent

Note: The 1/3 of the companies, the tiers of the corporations has been defined on the basis of their final revenue; as of 2016: Tier 1 = >USD 5 million, Tier 2 = $1.0M to $5.0M, and Tier 3 =

Note: Others includes product engineers, sales managers, regional managers, consultants, and technical experts.

Key players in the tension control market are Maxcess, Montalvo, Erhardt+Leimer, FMS, and Re.

Segment Research

The analysis defines, depicts, and forecasts the tension control market by module, category, end-user, and area.It also provides a in-depth qualitative and quantitative analysis of the market.

The market research offers a comprehensive analysis of major market drivers, industry restraints, alternatives, and opportunities. The industry report also comprises an detailed competitive review of top actors in the sector together with their company descriptions, recent evolutions, and key industries strategies.

Why acquire this industry report?

1. The study determines and addresses main markets for the implementation of tension controls in the paper, printing & packaging sector, which would help system providers review the rise in demand.

2. The analysis benefits solution providers distinguish the pulse of the sector and offer business insights into drivers, market restraints, and opportunities.

3. The market research will facilitate top players comprehend the strategies of their competitors better and will facilitate in making tactical conclusions.

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