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The global strapping machine market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A strapping machine, or bundler, is an industrial equipment used for bundling and securing pallet loads, boxes, cases and soft and hard packages together for convenient transportation and storage. The machines dispense the straps that are sealed around the carton for efficient packaging. The straps are commonly manufactured using polyester, polypropylene and metal that are customized as per the requirement. The strapping machines are commonly available in automated, semiautomatic and handheld variants that aid in minimizing the risk of shipping damage, spillage and collapse and enhancing package safety and overall efficiency. As a result, they find extensive applications across various industries, including food and beverage, pharmaceutical, electronics and paper.
The increasing demand for effective packaging solutions across industries is one of the key factors driving the growth of the market. Moreover, the widespread adoption of plastic-based strapping materials for securing fragile and bulky products is providing a thrust to the market growth. Strapping machines are widely used for the packaging and palletization of food and beverages as they require additional protection to prevent contamination and spoilage. Additionally, the integration of strapping machines with the existing packaging lines is acting as another growth-inducing factor. These machines are installed at the endpoints of production and assembly lines for streamlining packaging operations. In line with this, extensive design and functional improvements in automatic strapping machines for increasing the strapping frequency is also contributing to the growth of the market. These innovative machines also offer reduced maintenance costs and higher tension control with adjustable heights and compatibility with multiple strap varieties. Other factors, including the increasing requirement for industrial automation, along with the launch of customizable strapping machines, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global strapping machine market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product, material, style and application.
Breakup by Product:
Breakup by Material:
Breakup by Style:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
|Base Year of the Analysis||2020|
|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|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|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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