use in food & beverage, pharmaceutical, and printing & packaging applications. Tension control is a necessary component in machineries where flexible printing & packaging is done. Low tensile strength of the flexible material often leads to fluctuations in tension in the moving web and can drastically affect the quality of the process, leading to low-quality printing, irregular packaging, uneven lamination, perforation in packaging, and other issues. The growing transition toward flexible packaging in these sectors due to increased competition among retailers, which, in turn, has increased the demand for high-quality labeling, printing, and packaging, thereby driving the tension control market.
Asia Pacific: Expected to be the leading market for tension controls during the forecast period.
The tension control market has been analyzed with respect to six regions, namely, North America, Europe, Asia Pacific, South America, the Middle East, and Africa. The market in Asia Pacific is expected to lead the tension control market, by region. The increase in demand for packaging machinery imports and manufacturing, due to rising transition toward flexible packaging in the food & beverage sector is the major driving factor for tension control market in Asia Pacific. The growth in pharmaceutical manufacturing further offers opportunities for the tension control market in the region.
To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the tension control market. These include Maxcess( US), Montalvo( US), Erhardt + Leimer( Germany), FMS( Switzerland), Double E( US), Nireco( Japan), and Re( Italy). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market shares.
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