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Market Research Report

Strapping Machine Market: By Technology (Manual, Semi-Automatic, & Automatic Strapping), By material (Steel, Polyester, & PVC), By End-User (Food & Beverage & Printing Industry), By Geography

Published On : 2018-08-07 Report Page : 280 Category: Packaging

Global Strapping Machine Market Outlook 2017-2025

Market Overview

Strapping machine market has a crucial place in the Packaging industry. Growth and technological advancement in the packaging industry is expected to drive the growth of the global strapping machine market. As per the company’s size and operations, the type of strapping machine is demanded in terms of automation. The automatic strapping machine is capable of 30-70 straps per minute along with the faster-conveying system as compared to semi-automatic and arch strapping machine. Whereas, companies with small-scale packaging functions, demand for manual and semi-autonomous strapping machines. Food and beverages industry and consumer goods industry are the major end-user segment with the highest demand for strapping machines to achieve time and cost efficiency and packaging protection. Moreover, other factors such as an installation of strapping machine in the production line at the end point and changing business operations to reduce manpower are boosting the demand for automatic strapping machines. Goldstein Research analyst forecast that the global strapping machine market is set to reach nearly USD 7.0 billion by 2025, growing at a CAGR of 5.1% over the forecast period (2017-2025).

Global Strapping Machine Market Segmentation

By Technology

  • Manual Strapping Machine
  • Semi-Automatic Strapping Machine
  • Automatic Strapping Machine

Semi-automatic strapping machine segment acquired the largest market share of 39.3% in 2017 in terms of units demanded on the back of its cost-effectiveness, easy installation and providing automation to the operations.

By Material

  • Steel
  • Polyester
  • PP (Polypropylene)
  • PET(Polyethylene Terephthalate)
  • PVC (Polyvinyl chloride)

By End-User

  • Food & Beverage Industry
  • Electronics Industry
  • Printing Industry
  • Others (wood industry, etc.)

By Geography

  • North America (U.S. & Canada)  Strapping Machine Market {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Strapping Machine Market {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Strapping Machine Market {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Strapping Machine Market {Market Share (%), Market Size (USD Billion)}
  • The Middle East & Africa (GCC, South Africa, North Africa, Romea) Strapping Machine Market {Market Share (%), Market Size (USD Billion)}

Based on geography, Asia Pacific region accounted for the largest market share of 37.4% in 2017 due to the presence of mammoth packaging industry in the region which augments the demand for strapping machine. Asia-Pacific is followed by North America strapping machine market, which is expected to grow at a CAGR of 5.7% over the forecast period.

Covered In This Global Strapping Machine Market Report          

The report covers the present ground scenario and the future growth prospects of the strapping machine market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.

Global Strapping Machine Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the Global strapping machine market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Strapping Machine Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

Our Global strapping machine market report comprises of the following companies as the key players: Transpak Equipment Corp., Strapex, Signode Packaging Systems Corporation, Polychem Corporation, Australian Warehouse Solutions, Dynaric, Inc., Samuel Strapping Systems, StraPack Inc., Messersì Packaging S.r.l., MOSCA GmbH, Venus Packaging, MJ Maillis SA, etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Strapping Machine Market Report

  • What is the total market size by 2025 and what would be the expected growth rate of the market?

  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry-level players?
  • What are the recent developments and business strategy of the key players?

Reasons to buy this market study

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  • Respond to your competitors’ business structure, strategy and prospects

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Strapping Machine Market: By Technology (Manual, Semi-Automatic, & Automatic Strapping), By material (Steel, Polyester, & PVC), By End-User (Food & Beverage & Printing Industry), By Geography

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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