According to the latest report by IMARC Group, titled “Strapping Machine Market Report by Product (Semi-Automatic, Automatic, Fully Automatic), Material (Steel, Polypropylene, Polyester), Style (Palette Strappers, Table-top Strappers, RQ-8 Strappers), Application (Food and Beverage, Consumer Electronics, Household Appliances, Newspaper and Graphics, and Others), and Region 2025-2033”, the global strapping machine market reached a value of USD 6.0 Billion in 2024. A strapping machine is an equipment that combines all the necessary functions, such as closing, cutting, and tensioning, within a single piece of equipment. These lightweight, electrically powered machines consistently create a secure seal on parcels and packages with strapping. Strapping is necessary for holding these goods together, stabilizing their position, and fastening them securely. Primarily, these machines are used in heavy-duty tasks for the transportation of packaged goods over long distances. As a result, they are widely used to secure a wide range of products, including food, beverages, consumer goods, newspapers, and merchandise, in different sectors.
Global Strapping Machine Market Trends:
The market is primarily driven by the augmenting demand in various applications of the packaging industry. This can be attributed to the increasing need for effective packaging to avoid damages during transit. Apart from this, the rapid utilization of strapping machines in numerous end-use industries, such as food and beverages (F&B), newspaper printing, consumer goods, and heavy machinery, is propelling the market. Moreover, the expanding industrial automation, along with the advent of Industry 4.0, is providing an impetus to the market growth. Continual technological advancements, such as the launch of customizable strapping machines, are further creating a positive outlook for the market. Some of the other factors impacting the growth of the market include the increasing product adoption by small and medium businesses (SMBs), inflating disposable incomes of the masses, rapid industrialization, and extensive research and development (R&D) activities conducted by key players. On account of the aforementioned factors, the market is anticipated to reach a value of USD 8.4 Billion by 2033, exhibiting a CAGR of 3.57% during 2025-2033.
Market Summary:
Report Scope:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Product, Material, Style, Application, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Dynaric Inc., FROMM Holding AG, Maillis Group, Messersì Packaging S.r.l., Mosca GmbH, Polychem Corporation, Samuel Son & Co., Signode Industrial Group LLC (Crown Holdings Inc.), StraPack Inc., Strapex and Transpak Equipment Corp. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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