Strapping Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Strapping Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A4649
Buy Now

Market Overview 2023-2028:

The global strapping machine market size reached US$ 5.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.2 Billion by 2028, exhibiting a growth rate (CAGR) of 3.2% during 2023-2028. 

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.

Strapping Machine Market Trends:

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global strapping machine market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, material, style and application.

Breakup by Product:

  • Semi-Automatic
  • Automatic
  • Fully Automatic
     

Breakup by Material:

  • Steel
  • Polypropylene
  • Polyester
     

Breakup by Style:

  • Palette Strappers
  • Table-top Strappers
  • RQ-8 Strappers
     

Breakup by Application:

  • Food and Beverage
  • Consumer Electronics
  • Household Appliances
  • Newspaper and Graphics
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
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$ 2499
Five User License: US$ 3499
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)

Key Questions Answered in This Report:

  • How has the global strapping machine market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global strapping machine market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the style?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global strapping machine market and who are the key players?
  • What is the degree of competition in the industry?

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Strapping Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Clients Testimonial

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More