Report overview
Strapping machines are various types of equipment that perform the action of bundling together products or parts by way of a strap or several straps that fasten an item to a material handling product, usually a pallet. Strapping is performed for many applications, including the reinforcement of packaging, which is the primary method of fastening products to a pallet. Strapping is also used as a method of combining many small products into one large bundle for easier material handling purposes.
This report aims to provide a comprehensive presentation of the global market for Strapping Machines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Strapping Machines. This report contains market size and forecasts of Strapping Machines in global, including the following market information:
Global Strapping Machines Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Strapping Machines Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Strapping Machines companies in 2022 (%)
The global Strapping Machines market was valued at US$ 2190.9 million in 2022 and is projected to reach US$ 3019.6 million by 2029, at a CAGR of 4.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Strapping Machines main players are Signode, Samuel Strapping, Baosteel, Anshan Falan, etc. Global top four manufacturers hold a share about 35%. China is the largest market, with a share about 45%.
We surveyed the Strapping Machines manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Strapping Machines Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Strapping Machines Market Segment Percentages, by Type, 2022 (%)
Fully Automatic Strapping Machines
Automatic Strapping Machines
Semi-automatic Strapping Machines
Global Strapping Machines Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Strapping Machines Market Segment Percentages, by Application, 2022 (%)
Food & Beverage
Consumer Electronics
Household Appliances
Newspaper & Graphics
Others
Global Strapping Machines Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Strapping Machines Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Strapping Machines revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Strapping Machines revenues share in global market, 2022 (%)
Key companies Strapping Machines sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Strapping Machines sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Signode
MJ Maillis
Cyklop
Fromm
StraPack
Mosca
Samuel Strapping Systems
Transpak
Polychem
Yongsun
Xutian Packing Machine
Outline of Major Chapters:
Chapter 1: Introduces the definition of Strapping Machines, market overview.
Chapter 2: Global Strapping Machines market size in revenue and volume.
Chapter 3: Detailed analysis of Strapping Machines manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Strapping Machines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Strapping Machines capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
