0.040″), By Application (Food & Beverage, Consumer Goods, Pharmaceutical) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report">
Market Overview:
The global pneumatic powered strapping tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for packaged and processed food products, rising consumer expenditure on durable goods, and growing pharmaceutical industry.
Product Definition:
Pneumatic powered strapping tools use compressed air to tighten straps around objects, providing a secure hold. This type of tool is important for securely fastening heavy items, as it can apply more pressure than manual means.
Strapping Thickness
The global pneumatic powered strapping tools market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing demand for efficient packaging solutions across various industries including food & beverages, pharmaceuticals, consumer goods, and electronics among others.
Strapping Thickness:0.030"-0.040":
The global strapping thickness range 0.030"-0.040" is expected to grow at a significant pace owing to the rising demand for pneumatic powered tools in the packaging industry, which can be attributed to their operational efficiency and ease of use. In addition, these products are cost-effective as compared to other mechanical or hydraulic systems available in the market, thereby providing an impetus for market growth over the forecast period.
Application Insights:
The food and beverage application segment accounted for the largest revenue share in 2017. The segment is projected to expand further at a steady CAGR owing to rising demand for packaged foods, beverages and other products from various end-use industries. Pneumatic powered strapping tools are used to bundle pallets of food & beverage products for transportation as well as storage purposes.
Strapping is one of the most important packing techniques used by the industry because it offers flexibility in design, easy handling and protection of goods during transit or storage. It also helps in reducing wastage during packaging due to its ability to compactly pack numerous items into limited space available on trucks, vans or trains. Furthermore, increasing use of pneumatic powered strapping tools coupled with rising demand from end-use industries such as pharmaceuticals will fuel market growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the region. In addition, rising population coupled with growing consumerism has led to an increase in demand for food products which will further boost product demand over the forecast period.
North America was valued at USD X million in 2017 and is projected to witness significant growth over the forecast period on account of high consumption levels of packaged foods particularly meats, poultry, and seafood across countries such as U.S., Canada, and Mexico among others are anticipated drive regional growth over next eight years.
Europe accounted for 24% revenue share in 2017 owing its large presence of meat processing plants along with strong presence of several major players operating within this industry including JBS; Tyson Foods Inc.; National Foods; Sanderson Farms Inc.; Cargill Inc.
Growth Factors:
- Increasing demand for packaged and processed food items
- Growing e-commerce industry
- Rising number of manufacturing units across the globe
- Proliferation of automated warehouses and distribution centers
- Stringent government regulations for product safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Pneumatic Powered Strapping Tools Market Research Report
By Type
Strapping Thickness<0.030", Strapping Thickness:0.030"-0.040", Strapping Thickness>0.040"
By Application
Food & Beverage, Consumer Goods, Pharmaceutical
By Companies
FROMM, Rocket Industrial, GripPack, Midwest Industrial Products, Orgapack, Polychem, Signode, Samuel
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Pneumatic Powered Strapping Tools Market Report Segments:
The global Pneumatic Powered Strapping Tools market is segmented on the basis of:
Types
Strapping Thickness<0.030", Strapping Thickness:0.030"-0.040", Strapping Thickness>0.040"
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
Food & Beverage, Consumer Goods, Pharmaceutical
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:
- FROMM
- Rocket Industrial
- GripPack
- Midwest Industrial Products
- Orgapack
- Polychem
- Signode
- Samuel
Highlights of The Pneumatic Powered Strapping Tools 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:
- Strapping Thickness<0.030"
- Strapping Thickness:0.030"-0.040"
- Strapping Thickness>0.040"
- By Application:
- Food & Beverage
- Consumer Goods
- Pharmaceutical
- 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 Pneumatic Powered Strapping Tools 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Pneumatic Powered Strapping Tools are a type of industrial machinery that uses compressed air to power the operation of straps or bands. These tools can be used to attach objects together, such as boxes, crates, and drums.
Some of the key players operating in the pneumatic powered strapping tools market are FROMM, Rocket Industrial, GripPack, Midwest Industrial Products, Orgapack, Polychem, Signode, Samuel.
The pneumatic powered strapping tools market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pneumatic Powered Strapping Tools Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pneumatic Powered Strapping Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pneumatic Powered Strapping Tools Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pneumatic Powered Strapping Tools Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pneumatic Powered Strapping Tools Market Size & Forecast, 2020-2028
4.5.1 Pneumatic Powered Strapping Tools Market Size and Y-o-Y Growth
4.5.2 Pneumatic Powered Strapping Tools Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Strapping Thickness<0.030"
5.2.2 Strapping Thickness:0.030"-0.040"
5.2.3 Strapping Thickness>0.040"
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Consumer Goods
6.2.3 Pharmaceutical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pneumatic Powered Strapping Tools Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pneumatic Powered Strapping Tools Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Strapping Thickness<0.030"
9.6.2 Strapping Thickness:0.030"-0.040"
9.6.3 Strapping Thickness>0.040"
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Consumer Goods
9.10.3 Pharmaceutical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Strapping Thickness<0.030"
10.6.2 Strapping Thickness:0.030"-0.040"
10.6.3 Strapping Thickness>0.040"
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Consumer Goods
10.10.3 Pharmaceutical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Strapping Thickness<0.030"
11.6.2 Strapping Thickness:0.030"-0.040"
11.6.3 Strapping Thickness>0.040"
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Consumer Goods
11.10.3 Pharmaceutical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Strapping Thickness<0.030"
12.6.2 Strapping Thickness:0.030"-0.040"
12.6.3 Strapping Thickness>0.040"
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Consumer Goods
12.10.3 Pharmaceutical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Strapping Thickness<0.030"
13.6.2 Strapping Thickness:0.030"-0.040"
13.6.3 Strapping Thickness>0.040"
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Consumer Goods
13.10.3 Pharmaceutical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pneumatic Powered Strapping Tools Market: Competitive Dashboard
14.2 Global Pneumatic Powered Strapping Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FROMM
14.3.2 Rocket Industrial
14.3.3 GripPack
14.3.4 Midwest Industrial Products
14.3.5 Orgapack
14.3.6 Polychem
14.3.7 Signode
14.3.8 Samuel
