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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Strapping Machine Market Outlook

The global strapping machine market attained a value of about USD 5.62 billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 4.8% to reach nearly USD 8.57 billion by 2034.

Global Strapping Machine Market

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Extensive Use of Strapping Machine in the Food and Beverage Industry is Boosting the Industry Growth

The market for strapping machine is being aided by the robust growth of the food and beverage industry. As food and beverage products require enhanced security to prevent contamination, strapping machines are increasingly being used in food and beverage packaging, which is propelling the market growth. In addition, the rising demand for strapping machines for palletisation in the food and beverage industry is augmenting the industry growth further. The growing use of plastic-based strapping is also increasing the use of strapping machines, which is fuelling the market growth. Moreover, the cost-effectiveness of strapping machines makes them ideal for use in logistics and transportation, which is further invigorating the market growth. As hand tools of versatile materials, such as steel, are increasingly being deployed in packaging, the demand for semi-automatic strapping machines is surging significantly, which is propelling the market growth. Furthermore, the development of strapping machines that can provide cost-effective and simple methods for food and beverage packaging while increasing their durability is significantly contributing to the market growth.

Strapping Machine: Market Segmentation

A strapping machine, variously known as a bundler, is a machine that is used to keep boxes, bundles, and packages that are held tightly together. It is used in the packaging of products, such as food, household appliances, and beverages. The straps provided by strapping machines are typically made up of polyester, polypropylene, and steel.

Global Strapping Machine Market by Segment

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The major product segments in the market are:

  • Semi-Automatic
  • Automatic
  • Fully Automatic

The market can be broadly categorised on the basis of its materials into:

  • Steel
  • Polypropylene
  • Polyester

By applications, the market is divided into:

  • Food and Beverage
  • Consumer Appliances
  • Household Appliances
  • Newspaper and Graphics
  • Others

The EMR report looks into the regional markets of strapping machine like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Rising Demand for Strapping Machine in the E-Commerce Sector to Invigorate the Market Growth

The demand for strapping machines escalated due to the robust growth of the e-commerce sector. As major e-commerce platforms, such as Amazon and eBay, are increasingly improving their logistics, strapping machines are being deployed in warehouses to wrap plastic or other materials around the product to prevent mechanical damage, which is augmenting the market growth. Strapping machines are also increasingly being deployed to enhance workers’ safety by preventing the risk of injuries, hence further bolstering the industry growth. In addition, fully automatic strapping machines are cost-effective and eliminate labour costs for strapping, due to which it is extensively used and is fuelling the growth of the market.

As the logistics industry is significantly growing while adopting various technological advancements, such as robotics, artificial intelligence (AI), and the Internet of things (IoT), among others, the demand for strapping machines for effective packaging is surging, which, in turn, is propelling the market growth. Moreover, the advent of Industry 4.0 is increasing the use of machinery for tedious tasks, which is also expected to increase the deployment of strapping machines, which is further projected to propel the market growth in upcoming years.

Key Industry Players in the Global Strapping Machine Market

The report presents a detailed analysis of the following key players in the global strapping machine market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Dynaric, Inc.
  • Polychem Corporation
  • StraPack, Inc.
  • Transpak Equipment Corp.
  • Signode Industrial Group LLC
  • Fromm Holding AG
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Material
  • Application
  • Region
Breakup by Product
  • Semi-Automatic
  • Automatic
  • Fully Automatic
Breakup by Material
  • Steel
  • Polypropylene
  • Polyester 
Breakup by Application
  • Food and Beverage
  • Consumer Appliances
  • Household Appliances
  • Newspaper and Graphics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Dynaric, Inc.
  • Polychem Corporation
  • StraPack, Inc.
  • Transpak Equipment Corp.
  • Signode Industrial Group LLC
  • Fromm Holding AG
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market attained a value of approximately USD 5.62 billion.

The market is projected to grow at a CAGR of 4.8% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 8.57 billion by 2034.        

The market is being driven by the rising demand for polypropylene strapping and the growing use for strapping machines in the palletisation and transportation of food and beverage products.

The key trends of the market include the rising demand for strapping machines due to the robust growth of the e-commerce sector, increasing deployment of fully automatic strapping machines in Market 4.0, and extensive use of strapping machines in the logistics market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading products in the market are semi-automatic, automatic and fully automatic.

The significant materials of strapping machine in the market are steel, polypropylene, and polyester.

The leading applications of strapping machines are food and beverage, consumer appliances, household appliances, and newspaper and graphics, among others.

The key players in the global strapping machine market are Dynaric, Inc., Polychem Corporation, StraPack, Inc., Transpak Equipment Corp., Signode Industrial Group LLC, and Fromm Holding AG, among others.

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