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The strapping machine market is forecasted to grow by USD 1.32 billion during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the strapping machine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for strapping machines from e-commerce sector, increasing consumption in steel and metal industry, and growth of global industrial packaging market.
The strapping machine market is segmented as below:
By Product
- Automatic
- Semi-automatic
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the strapping machine market covers the following areas:
- Strapping machine market sizing
- Strapping machine market forecast
- Strapping machine market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global strapping machine market: ASN Packaging Pvt Ltd., Crown Holdings Inc., Crown Packaging Corp., Cyklop International, Dongguan Xutian Packing Machine Co. Ltd., Dynaric Inc., Fromm Holding AG, Hefei Seelong Import and Export Group Co. Ltd., Hunan ADTO Industrial Group Co. Ltd., Messersi Packaging Srl, Mosca GmbH, North Shore Strapping Inc., Packmaster Machinery Pvt Ltd., Polychem Corp., Samuel Son and Co. Ltd., StraPack Corp., Tiger Pack Inc., TITAN Umreifungstechnik GmbH and Co. KG, Transpak Equipment Corp., and VENUS HARTUNG PTY LTD..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is high growth potential in emerging economies."
According to the report, one of the major drivers for this market is the rising demand for strapping machines from e-commerce sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ASN Packaging Pvt Ltd.
- Crown Holdings Inc.
- Crown Packaging Corp.
- Cyklop International
- Dongguan Xutian Packing Machine Co. Ltd.
- Dynaric Inc.
- Fromm Holding AG
- Hefei Seelong Import and Export Group Co. Ltd.
- Hunan ADTO Industrial Group Co. Ltd.
- Messersi Packaging Srl
- Mosca GmbH
- North Shore Strapping Inc.
- Packmaster Machinery Pvt Ltd.
- Polychem Corp.
- Samuel Son and Co. Ltd.
- StraPack Corp.
- Tiger Pack Inc.
- TITAN Umreifungstechnik GmbH and Co. KG
- Transpak Equipment Corp.
- VENUS HARTUNG PTY LTD.