Market Overview:
The global strapping machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for strapping machines from various end-use industries, such as wood industry, paper industry, building industry, textile industry and others. In addition, the increasing adoption of automatic strapping machines is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period.
Product Definition:
A strapping machine is a device used to strap together items for shipping or storage. The straps hold the items tightly together and prevent them from moving around during transit. This is important for preventing damage to the items and ensuring that they arrive at their destination in one piece.
Semi Automatic:
Semi automatic strapping machines are used in the packaging industry for packing and bundling of goods. They are also known as semi-automatic wrapping machines or semi-automated strapping machines. These types of equipment can be operated by a person with minimal supervision, but they do not require a lot of skilled labor to operate them.
Automatic:
An automatic strapping machine is a device used for wrapping or securing loads in bundles. It consists of a mechanism that wraps the load around a core structure using flexible straps. The basic function of such machines is to bind several similar products together with one another and also with the support of an operator, thereby creating multiple layers and increasing overall strength.
The global automatic strapping machine market size was valued at USD 692.1 million in 2016.
Application Insights:
The building and construction industry accounted for the largest strapping machine market share in 2017. The rising demand for wooden houses in developing countries such as India and China is expected to be a major factor driving the application segment over the forecast period. In addition, increasing investments by governments to develop housing infrastructure at a domestic level is further anticipated to augment growth over the coming years.
Paper industry was another prominent application segment that accounted for significant market share in 2017 owing to high demand from packaging sector of commodities such as sugar, cement, cotton ginned cotton and others which are wound on paper sheets & rolls respectively. Other applications include textile industries where machines are used for wrapping fabrics with plastic or paper before packing them into boxes or cartons which are used worldwide including North America, Europe & Middle East etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing construction spending and rapid industrialization in emerging economies, such as China and India. In addition, rising demand for consumer goods along with growing e-commerce industry will drive strapping machine market growth in this region.
Europe was valued at USD X million in 2017 owing to high production of packaged food products along with paper & textiles industry across major countries including Germany, France and Italy among others which are also major consumers of these machines globally.
Growth Factors:
- Growing demand from end-use industries: The global Strapping Machine market is witnessing a significant growth due to the increasing demand from end-use industries such as automotive, construction, and packaging.
- Technological advancements: The Strapping Machine market is experiencing rapid technological advancements with the introduction of new and innovative products in the market. This is helping manufacturers to cater to the growing needs of consumers in a better way.
- Rising disposable income: The rising disposable income of consumers across the globe is propelling them to purchase high-end products such as Strapping Machines, thereby fueling the growth of this market.
- Increasing urbanization: The increasing urbanization has led to an increase in investments in infrastructure development projects which are further fuelling the growth of the global Strapping Machine market . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Strapping Machine Market Research Report
By Type
Semi Automatic, Automatic
By Application
Wood Industry, Paper Industry, Building Industry, Textile Industry, Others
By Companies
Mosca, Polychem, Signode Packaging Systems, Dynaric, Samuel Strapping Systems, Cyklop, Dongguan Xutian Packing Machine, Yongsun
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Strapping Machine Market Report Segments:
The global Strapping Machine market is segmented on the basis of:
Types
Semi Automatic, Automatic
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
Wood Industry, Paper Industry, Building Industry, Textile 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:
- Mosca
- Polychem
- Signode Packaging Systems
- Dynaric
- Samuel Strapping Systems
- Cyklop
- Dongguan Xutian Packing Machine
- Yongsun
Highlights of The Strapping Machine 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:
- Semi Automatic
- Automatic
- By Application:
- Wood Industry
- Paper Industry
- Building Industry
- Textile 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 Strapping Machine 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?
Strapping Machine is a machine that straps materials together to create assemblies.
Some of the major players in the strapping machine market are Mosca, Polychem, Signode Packaging Systems, Dynaric, Samuel Strapping Systems, Cyklop, Dongguan Xutian Packing Machine, Yongsun.
The strapping machine market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Strapping Machine 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. Strapping Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Strapping Machine Market - Supply Chain
4.5. Global Strapping Machine Market Forecast
4.5.1. Strapping Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Strapping Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Strapping Machine Market Absolute $ Opportunity
5. Global Strapping Machine 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. Strapping Machine Market Size and Volume Forecast by Type
5.3.1. Semi Automatic
5.3.2. Automatic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Strapping Machine 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. Strapping Machine Market Size and Volume Forecast by Application
6.3.1. Wood Industry
6.3.2. Paper Industry
6.3.3. Building Industry
6.3.4. Textile Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Strapping Machine 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. Strapping Machine 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 Strapping Machine 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. Strapping Machine 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 Strapping Machine Demand Share Forecast, 2019-2026
9. North America Strapping Machine 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 Strapping Machine 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 Strapping Machine Market Size and Volume Forecast by Application
9.4.1. Wood Industry
9.4.2. Paper Industry
9.4.3. Building Industry
9.4.4. Textile 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 Strapping Machine Market Size and Volume Forecast by Type
9.7.1. Semi Automatic
9.7.2. Automatic
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 Strapping Machine Demand Share Forecast, 2019-2026
10. Latin America Strapping Machine 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 Strapping Machine 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 Strapping Machine Market Size and Volume Forecast by Application
10.4.1. Wood Industry
10.4.2. Paper Industry
10.4.3. Building Industry
10.4.4. Textile 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 Strapping Machine Market Size and Volume Forecast by Type
10.7.1. Semi Automatic
10.7.2. Automatic
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 Strapping Machine Demand Share Forecast, 2019-2026
11. Europe Strapping Machine 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 Strapping Machine 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 Strapping Machine Market Size and Volume Forecast by Application
11.4.1. Wood Industry
11.4.2. Paper Industry
11.4.3. Building Industry
11.4.4. Textile 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 Strapping Machine Market Size and Volume Forecast by Type
11.7.1. Semi Automatic
11.7.2. Automatic
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projecions 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 Strapping Machine Demand Share, 2019-2026
12. Asia Pacific Strapping Machine 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 Strapping Machine 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 Strapping Machine Market Size and Volume Forecast by Application
12.4.1. Wood Industry
12.4.2. Paper Industry
12.4.3. Building Industry
12.4.4. Textile 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 Strapping Machine Market Size and Volume Forecast by Type
12.7.1. Semi Automatic
12.7.2. Automatic
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 Strapping Machine Demand Share, 2019-2026
13. Middle East & Africa Strapping Machine 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 Strapping Machine 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 Strapping Machine Market Size and Volume Forecast by Application
13.4.1. Wood Industry
13.4.2. Paper Industry
13.4.3. Building Industry
13.4.4. Textile 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 Strapping Machine Market Size and Volume Forecast by Type
13.7.1. Semi Automatic
13.7.2. Automatic
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 Strapping Machine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Strapping Machine Market: Market Share Analysis
14.2. Strapping Machine Distributors and Customers
14.3. Strapping Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mosca
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Polychem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Signode 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. Dynaric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Samuel Strapping Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cyklop
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dongguan Xutian Packing Machine
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yongsun
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
