Market Overview:
The global manual strapping tool market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for manual strapping tools in various end-use industries, such as the building industry, food & beverage industry, logistics & warehousing industry, pharmaceuticals industry and others. In addition, the growing trend of online shopping is also contributing to the growth of the global manual strapping tool market.
Product Definition:
A manual strapping tool is a handheld device that uses tension to secure a strap around an object. It is often used in shipping and packaging applications to hold items together securely. The importance of a manual strapping tool lies in its ability to quickly and securely attach a strap around an item, without the need for additional equipment or tools.
Mechanical Strapping Tools:
Mechanical strapping tools are used for manual mechanical or fluidized bedding type of packing. They are mainly used in the packaging and transportation of industrial goods such as metal sheets, coils, bars and other similar products. The global market is expected to grow at a CAGR close to 5% over the forecast period owing to increasing demand from various end-use industries including automotive & aerospace, construction & building materials along with consumer goods industry.
Hand Pneumatic Strapping Tool:
Hand Pneumatic Strapping Tool is used to apply hand pressure on straps in order to form a tight fit around the object being packed. It is primarily used for manual strapping of boxes and containers.
The Hand Pneumatic Strapping Tool has an attached air compressor that provides the necessary force needed to compress the air springs, which in turn helps in forming a tight seal around objects or surfaces.
Application Insights:
The building and construction industry led the global manual strapping tool market in 2017. Manual strapping is used to reinforce structures against earthquakes, wind, and other natural disasters. The rising number of infrastructure projects in developing countries is expected to augment the demand for these tools over the forecast period.
In addition, increasing investments by governments in infrastructural development are likely to boost product demand over the next eight years. In 2016, China invested USD 142 billion while India invested USD 100 billion on various infrastructure projects that year alone which indicates a significant increase from previous years. These factors are projected to drive growth of this application segment during the forecast period thereby benefitting overall market growth across regions globally by 2030 ¢â‚¬Å“2030¢â‚¬ (LH).
The food and beverage industry was estimated at around USD 1.5 billion in 2017 owing to growing consumption patterns of alcoholic.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing investments in construction and logistics sectors by various governments across the region. For instance, according to the U.S.-based Global Construction Leadership Council (GCLC), infrastructure investment is likely to increase by USD X trillion over the next five years in order meet growing demand for transportation and housing.
In Europe, countries such as Germany are expected witness high growth rates owing to rapid industrialization along with advancements in technology coupled with increased spending on automation of production processes within industries such as food & beverage, automotive,.
Growth Factors:
- Increasing demand for packaged and processed food items
- Rising trend of online shopping
- Growing popularity of strapping as a binding method in various industries
- Technological advancements in the manual strapping tool market
- Stringent government regulations for product safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Manual Strapping Tool Market Research Report
By Type
Mechanical Strapping Tools, Hand Pneumatic Strapping Tool, Others
By Application
Building Industry, Food & Beverage Industry, Logistics & Warehousing Industry, Pharmaceuticals Industry, Others
By Companies
Maillis Group, Cyklop, Fromm Packaging Systems, Orgapack, Siat, IWISS Tools, Ferplast, Searo Packing, PAC Strapping Products, Millenium Packaging Solutions, NUODA, Yang Bey Industrial Co., Ltd., Prodotti Secur, Southgate Packaging Ltd., Signode
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Manual Strapping Tool Market Report Segments:
The global Manual Strapping Tool market is segmented on the basis of:
Types
Mechanical Strapping Tools, Hand Pneumatic Strapping Tool, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building Industry, Food & Beverage Industry, Logistics & Warehousing Industry, Pharmaceuticals Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Maillis Group
- Cyklop
- Fromm Packaging Systems
- Orgapack
- Siat
- IWISS Tools
- Ferplast
- Searo Packing
- PAC Strapping Products
- Millenium Packaging Solutions
- NUODA
- Yang Bey Industrial Co., Ltd.
- Prodotti Secur
- Southgate Packaging Ltd.
- Signode
Highlights of The Manual Strapping Tool Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mechanical Strapping Tools
- Hand Pneumatic Strapping Tool
- Others
- By Application:
- Building Industry
- Food & Beverage Industry
- Logistics & Warehousing Industry
- Pharmaceuticals Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Manual Strapping Tool Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A manual strap tool is a device used to manually secure straps around an object. It typically has a handle and a series of metal prongs that can be inserted into the strap to hold it in place.
Some of the major companies in the manual strapping tool market are Maillis Group, Cyklop, Fromm Packaging Systems, Orgapack, Siat, IWISS Tools, Ferplast, Searo Packing, PAC Strapping Products, Millenium Packaging Solutions, NUODA, Yang Bey Industrial Co., Ltd., Prodotti Secur, Southgate Packaging Ltd., Signode.
The manual strapping tool market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Manual Strapping Tool Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Manual Strapping Tool Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Manual Strapping Tool Market - Supply Chain
4.5. Global Manual Strapping Tool Market Forecast
4.5.1. Manual Strapping Tool Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Manual Strapping Tool Market Size (000 Units) and Y-o-Y Growth
4.5.3. Manual Strapping Tool Market Absolute $ Opportunity
5. Global Manual Strapping Tool Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Manual Strapping Tool Market Size and Volume Forecast by Type
5.3.1. Mechanical Strapping Tools
5.3.2. Hand Pneumatic Strapping Tool
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Manual Strapping Tool Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Manual Strapping Tool Market Size and Volume Forecast by Application
6.3.1. Building Industry
6.3.2. Food & Beverage Industry
6.3.3. Logistics & Warehousing Industry
6.3.4. Pharmaceuticals Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Manual Strapping Tool Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Manual Strapping Tool Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Manual Strapping Tool Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Manual Strapping Tool Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Manual Strapping Tool Demand Share Forecast, 2019-2026
9. North America Manual Strapping Tool Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Manual Strapping Tool Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Manual Strapping Tool Market Size and Volume Forecast by Application
9.4.1. Building Industry
9.4.2. Food & Beverage Industry
9.4.3. Logistics & Warehousing Industry
9.4.4. Pharmaceuticals Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Manual Strapping Tool Market Size and Volume Forecast by Type
9.7.1. Mechanical Strapping Tools
9.7.2. Hand Pneumatic Strapping Tool
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Manual Strapping Tool Demand Share Forecast, 2019-2026
10. Latin America Manual Strapping Tool Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Manual Strapping Tool Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Manual Strapping Tool Market Size and Volume Forecast by Application
10.4.1. Building Industry
10.4.2. Food & Beverage Industry
10.4.3. Logistics & Warehousing Industry
10.4.4. Pharmaceuticals Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Manual Strapping Tool Market Size and Volume Forecast by Type
10.7.1. Mechanical Strapping Tools
10.7.2. Hand Pneumatic Strapping Tool
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Manual Strapping Tool Demand Share Forecast, 2019-2026
11. Europe Manual Strapping Tool Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Manual Strapping Tool Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Manual Strapping Tool Market Size and Volume Forecast by Application
11.4.1. Building Industry
11.4.2. Food & Beverage Industry
11.4.3. Logistics & Warehousing Industry
11.4.4. Pharmaceuticals Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Manual Strapping Tool Market Size and Volume Forecast by Type
11.7.1. Mechanical Strapping Tools
11.7.2. Hand Pneumatic Strapping Tool
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Manual Strapping Tool Demand Share, 2019-2026
12. Asia Pacific Manual Strapping Tool Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Manual Strapping Tool Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Manual Strapping Tool Market Size and Volume Forecast by Application
12.4.1. Building Industry
12.4.2. Food & Beverage Industry
12.4.3. Logistics & Warehousing Industry
12.4.4. Pharmaceuticals Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Manual Strapping Tool Market Size and Volume Forecast by Type
12.7.1. Mechanical Strapping Tools
12.7.2. Hand Pneumatic Strapping Tool
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Manual Strapping Tool Demand Share, 2019-2026
13. Middle East & Africa Manual Strapping Tool Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Manual Strapping Tool Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Manual Strapping Tool Market Size and Volume Forecast by Application
13.4.1. Building Industry
13.4.2. Food & Beverage Industry
13.4.3. Logistics & Warehousing Industry
13.4.4. Pharmaceuticals Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Manual Strapping Tool Market Size and Volume Forecast by Type
13.7.1. Mechanical Strapping Tools
13.7.2. Hand Pneumatic Strapping Tool
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Manual Strapping Tool Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Manual Strapping Tool Market: Market Share Analysis
14.2. Manual Strapping Tool Distributors and Customers
14.3. Manual Strapping Tool Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Maillis Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cyklop
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fromm Packaging Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Orgapack
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siat
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. IWISS Tools
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ferplast
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Searo Packing
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PAC Strapping Products
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Millenium Packaging Solutions
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NUODA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yang Bey Industrial Co., Ltd.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Prodotti Secur
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Southgate Packaging Ltd.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Signode
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
