Market Overview:
The global strapping machine market reached a value of US$ 5.35 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.13 Billion by 2027, exhibiting at a CAGR of 4.82% during 2022-2027. 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 on different end use industries. 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.
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, along with forecasts at the global, regional and country level from 2022-2027. 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
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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 |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| 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?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Strapping Machine Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Semi-Automatic
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Automatic
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Fully Automatic
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Material
7.1 Steel
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Polypropylene
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Polyester
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Style
8.1 Palette Strappers
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Table-top Strappers
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 RQ-8 Strappers
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Application
9.1 Food and Beverage
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Consumer Electronics
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Household Appliances
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Newspaper and Graphics
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Dynaric Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 FROMM Holding AG
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Maillis Group
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Messersì Packaging S.r.l.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Mosca GmbH
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Polychem Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Samuel Son & Co.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Signode Industrial Group LLC (Crown Holdings Inc.)
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 StraPack Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Strapex
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Transpak Equipment Corp.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
List of Figures
Figure 1: Global: Strapping Machine Market: Major Drivers and Challenges
Figure 2: Global: Strapping Machine Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Strapping Machine Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Strapping Machine Market: Breakup by Product (in %), 2021
Figure 5: Global: Strapping Machine Market: Breakup by Material (in %), 2021
Figure 6: Global: Strapping Machine Market: Breakup by Style (in %), 2021
Figure 7: Global: Strapping Machine Market: Breakup by Application (in %), 2021
Figure 8: Global: Strapping Machine Market: Breakup by Region (in %), 2021
Figure 9: Global: Strapping Machine (Semi-Automatic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Strapping Machine (Semi-Automatic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Strapping Machine (Automatic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Strapping Machine (Automatic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Strapping Machine (Fully Automatic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Strapping Machine (Fully Automatic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Strapping Machine (Steel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Strapping Machine (Steel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Strapping Machine (Polypropylene) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Strapping Machine (Polypropylene) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Strapping Machine (Polyester) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Strapping Machine (Polyester) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Strapping Machine (Palette Strappers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Strapping Machine (Palette Strappers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Strapping Machine (Table-top Strappers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Strapping Machine (Table-top Strappers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Strapping Machine (RQ-8 Strappers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Strapping Machine (RQ-8 Strappers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Strapping Machine (Food and Beverage) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Strapping Machine (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Strapping Machine (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Strapping Machine (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Strapping Machine (Household Appliances) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Strapping Machine (Household Appliances) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Strapping Machine (Newspaper and Graphics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Strapping Machine (Newspaper and Graphics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Strapping Machine (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Strapping Machine (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: North America: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: North America: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: United States: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: United States: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Canada: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Canada: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Asia-Pacific: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Asia-Pacific: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: China: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: China: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Japan: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Japan: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: India: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: India: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: South Korea: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: South Korea: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Australia: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Australia: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Indonesia: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Indonesia: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Others: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Others: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Europe: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Europe: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Germany: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Germany: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: France: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: France: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: United Kingdom: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: United Kingdom: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Italy: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Italy: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Spain: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Spain: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Russia: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Russia: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Others: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Others: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Latin America: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Latin America: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Brazil: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Brazil: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Mexico: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Mexico: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Others: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Others: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Middle East and Africa: Strapping Machine Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Middle East and Africa: Strapping Machine Market: Breakup by Country (in %), 2021
Figure 85: Middle East and Africa: Strapping Machine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Global: Strapping Machine Industry: SWOT Analysis
Figure 87: Global: Strapping Machine Industry: Value Chain Analysis
Figure 88: Global: Strapping Machine Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Strapping Machine Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Strapping Machine Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Strapping Machine Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: Global: Strapping Machine Market Forecast: Breakup by Style (in Million US$), 2022-2027
Table 5: Global: Strapping Machine Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Strapping Machine Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Strapping Machine Market: Competitive Structure
Table 8: Global: Strapping Machine Market: Key Players