Exact matches only
Search in title
Search in content
Search in posts
Search in pages
Filter by Categories
strapping-machine-market

Strapping Machine Market [By Product Type (Semiautomatic Strapping Machines, Automatic Strapping Machines, Fully Automatic Strapping Machines); By Material (Polypropylene, Polyester, Steel, Others); By Application (Bundling, Binding, Packaging, Others); By End-User (Consumer Goods, Food and Beverage, Newspaper and Publishing, Postal, Others); By Region]: Market Size & Forecast, 2017 – 2026

Published: Jan 2018
Pages: 70
Format: PDF
Report ID: PM1045
License and Pricing
Buy Now Inquire Before Buying

Report Summary

The global strapping machine market was valued at USD 4,465 million in 2017 and is anticipated to grow at a CAGR of 5.2% during the forecast period. Strapping machines create a strap, which is used to hold products together primarily during shipping. Strapping machines are used for holding together boxes, packages, and bundles to protect them from external damage during shipping and packaging. Strapping machines dispense a material called strapping, which is sealed around a box or a package for efficient packaging. Strapping is made out of different materials such as metal, plastic, ultra band steel replacement material, or other materials according to the requirements of the products to be packaged. Strapping machines are used in various applications such as magazine publishing, commercial printing, food, postal fields, and others. Different models of strapping machines such as semiautomatic low volume models, semiautomatic moderate volume models, and fully automatic high volume models are available in the market to cater to varied user requirements.

The major driving factors of the market include significant growth in the global packaging industry, and increasing need to protect products from damage during shipping. The increasing demand from consumer goods and food & beverage is expected to accelerate the adoption of strapping machines during the forecast period. Manufacturers are increasingly using strapping machines to increase package safety, and cost efficiency. Other factors driving the growth of this market include rising use of automatic strapping machines to reduce human intervention, and technological advancements. However, high investment costs associated with them would limit the growth of the market. Expansion of established companies into emerging economies introduction of strapping machines at affordable costs for use in small and medium businesses would provide numerous growth opportunities in the market.

Asia-Pacific Strapping Machine Market By Product Type, 2017 - 2026

Asia-Pacific Strapping Machine Market By Product Type, 2017 - 2026Note: Inside circle depicts data for 2017 & outside circle depicts data for 2026

The vendors in the market are launching new products to meet the growing customer needs. In addition, the leaders in the market are acquiring and collaborating with top companies in the market to enhance their offerings in the market and expand their customer base. For instance, In July 2017, Mosca introduced an entry level semiautomatic strapping machine to expand its offerings in the market. The affordable MO-M-8 machine enables users to strap small amounts of products while maintaining high quality and performance. Other features offered by the strapping machine include an illuminated service push-button for monitoring of the machine’s current operating state and tracking heating temperatures. In February 2017, Kite Packaging launched a range of strapping machines to cater to the growing requirements of its consumers. The company redesigned its strapping achiness to offer high quality and affordable packaging solutions in the market. Kite’s semi-automatic machine is developed for small and medium sized items and requires manual feeding of strapping into it. 

Segment Analysis

The global Strapping Machine market is segmented on the basis of product type, material, application, end-user, and geography. Based on the type of product, the market is segmented into semiautomatic strapping machines, automatic strapping machines, and fully automatic strapping machines. The material segment is categorized into polypropylene, polyester, steel, and others. On the basis of application, the market is segmented into bundling, binding, packaging, and others. The end-users in the market include consumer goods, food and beverage, newspaper and publishing, postal, and others. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. Asia-Pacific accounted for the largest share in the global Strapping Machine Market in 2017.

SAMPLE TABLE
Asia-Pacific Strapping Machine Market, By Product Type, 2017 - 2026 
(USD Million)

Asia-Pacific Strapping Machine Market, By Product Type, 2017 - 2026 (USD Million)

Competitive Landscape

Other leading players in the market include Mosca GmbH, Samuel Strapping Systems, MJ Maillis S.A., Transpak Equipment Corp., Signode Packaging Systems Corporation, Strapex Group, Polychem Corporation, Dynaric Inc., Messersi Packaging S.r.l., Fromm Holdings AG, Australian Warehouse Solutions, and Venus Packaging among others.

Key questions answered by the report

  • What is the current Market Size and Forecasts of Global Strapping Machine Market
  • What is the market opportunity for Strapping Machine products
  • How big is the market size for applications in the Global Strapping Machine Market
  • How much is the estimated market for Strapping Machine in North America during the forecast period
  • What are the companies in this market and how are they classified
  • What are the available opportunities and who are the top market players in this space

 

Table of Contents

  1. Overview and Scope
    1. Research goal & scope
    2. Research assumptions
    3. Research Methodology
      1. Primary data sources
      2. Secondary data sources
    4. Key take-away
    5. Stakeholders
  2. Executive Summary
    1. Market Definition
    2. Market Segmentation
  3. Strapping Machine Market Insights
    1. Strapping Machine – Industry snapshot
    2. Strapping Machine - Ecosystem analysis
    3. Strapping Machine Market Dynamics
      1. Strapping Machine – Market Forces
        1. Strapping Machine Market Driver Analysis
        2. Strapping Machine Market Restraint/Challenges analysis
        3. Strapping Machine Market Opportunity Analysis
      2. Industry analysis - Porter's five force
        1. Bargaining power of supplier
        2. Bargaining power of buyer
        3. Threat of substitute
        4. Threat of new entrant
        5. Degree of competition
      3. Strapping Machine Market PEST Analysis, 2016
      4. Strapping Machine Market Value Chain Analysis
      5. Strapping Machine Industry Trends
      6. Competitive Ranking Analysis
  4. Strapping Machine Market Size and Forecast, 2017-2026 by Product Type
    1. Key Findings
    2. Semiautomatic Strapping Machines
    3. Automatic Strapping Machines
    4. Fully Automatic Strapping Machines
  5. Strapping Machine Market Size and Forecast, 2017-2026 by Material
    1. Key Findings
    2. Polypropylene
    3. Polyester
    4. Steel
    5. Others
  6. Strapping Machine Market Size and Forecast, 2017-2026 by Application
    1. Key Findings
    2. Bundling
    3. Binding
    4. Packaging
    5. Others
  7. Strapping Machine Market Size and Forecast, 2017-2026 by End-User
    1. Key Findings
    2. Consumer Goods
    3. Food and Beverage
    4. Newspaper and Publishing
    5. Postal
    6. Others
  8. Strapping Machine Market Size and Forecast, 2017-2026 by Region
    1. Key Findings
    2. North America
      1. U.S.
      2. Canada
      3. Mexico
    3. Europe
      1. Germany
      2. UK
      3. France
      4. Italy
      5. Rest of Europe
    4. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Rest of Asia-Pacific
    5. Latin America
      1. Brazil
    6. Middle East & Africa
  9. Company Profiles
    1. Mosca GmbH
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    2. Samuel Strapping Systems
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    3. MJ Maillis S.A.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    4. Transpak Equipment Corp.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    5. Signode Packaging Systems Corporation
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    6. Strapex Group
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    7. Polychem Corporation
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    8. Dynaric Inc.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    9. Messersi Packaging S.r.l.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    10. Fromm Holdings AG
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    11. Australian Warehouse Solutions
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    12. Venus Packaging
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments

Report Content

Qualitative Analysis

  • Industry overview
  • Industry trends
  • Market drivers and restraints
  • Market size
  • Growth prospects
  • Porter’s analysis
  • PESTEL Analysis
  • Value Chain Analysis
  • Key market opportunities prioritized
  • Competitive landscape
    • Overview
    • Financials
    • Product benchmarking
    • Latest strategic developments

Quantitative Analysis

  • Market size, estimates, and forecasts from 2017 - 2026
  • Market revenue estimates for product type up to 2026
  • Market revenue estimates for materials up to 2026
  • Market revenue estimates for application up to 2026
  • Market revenue estimates for end-user up to 2026
  • Regional market size and forecast for product segments up to 2026
  • Regional market size and forecast for materials segments up to 2026
  • Regional market size and forecast for application segments up to 2026
  • Regional market size and forecast for end-user segments up to 2026
  • Company financials

 

Request For customization

 

By using this form you agree with the storage and handling of your data by this website.

Speak to Analyst

 

By using this form you agree with the storage and handling of your data by this website.

Inquire Before Buying

 

By using this form you agree with the storage and handling of your data by this website.

Request for Sample

By using this form you agree with the storage and handling of your data by this website.