Strapping Machine Market Size, Share & Trends Report

Strapping Machine Market Size, Share & Trends Analysis Report By Product (Flux, Lubricant, Solder Paste, Adhesives & Sealants, Conformal Coatings), By Application, By Region, And Segment Forecasts, 2023 - 2030

Report ID: GVR-1-68038-964-7
Number of Pages: 150
Format: Electronic (PDF)

Historical Range: 2018 - 2021
Industry: Advanced Materials

Market Segmentation

Strapping Machine Market Product Outlook (Revenue, USD Million; 2018 - 2030)
- Semi-Automatic
- Automatic
- Fully Automatic
Strapping Machine Market Materials Outlook (Revenue, USD Million; 2018 - 2030)
- Steel
- Polypropylene
- Polyester
Strapping Machine Market Application Outlook (Revenue, USD Million; 2018 - 2030)
- Food & Beverage
- Consumer Electronics
- Household Appliances
- Newspaper & Graphics
- Metal
- Building & Construction
- Others
Strapping Machine Market Regional Outlook (Revenue, USD Million; 2018- 2030)
- North America
  - North America Strapping Machine, By Product
    - Semi-Automatic
    - Automatic
    - Fully Automatic
  - North America Strapping Machine, By Material
    - Steel
    - Polypropylene
    - Polyester
  - North America Strapping Machine, By Application
    - Food & Beverage
    - Consumer Electronics
    - Household Appliances
    - Newspaper & Graphics
    - Metal
    - Building & Construction
    - Others
  - U.S.
    - U.S. Strapping Machine, By Product
      - Semi-Automatic
      - Automatic
      - Fully Automatic
    - U.S. Strapping Machine, By Material
      - Steel
      - Polypropylene
      - Polyester
    - U.S. Strapping Machine, By Application
      - Food & Beverage
      - Consumer Electronics
      - Household Appliances
      - Newspaper & Graphics
      - Metal
      - Building & Construction
      - Others
- Europe
  - Europe Strapping Machine, By Product
    - Semi-Automatic
    - Automatic
    - Fully Automatic
  - Europe Strapping Machine, By Material
    - Steel
    - Polypropylene
    - Polyester
  - Europe Strapping Machine, By Application
    - Food & Beverage
    - Consumer Electronics
    - Household Appliances
    - Newspaper & Graphics
    - Metal
    - Building & Construction
    - Others
  - Germany
    - Germany Strapping Machine, By Product
      - Semi-Automatic
      - Automatic
      - Fully Automatic
    - Germany Strapping Machine, By Material
      - Steel
      - Polypropylene
      - Polyester
    - Germany Strapping Machine, By Application
      - Food & Beverage
      - Consumer Electronics
      - Household Appliances
      - Newspaper & Graphics
      - Metal
      - Building & Construction
      - Others
- Asia Pacific
  - Asia Pacific Strapping Machine, By Product
    - Semi-Automatic
    - Automatic
    - Fully Automatic
  - Asia Pacific Strapping Machine, By Material
    - Steel
    - Polypropylene
    - Polyester
  - Asia Pacific Strapping Machine, By Application
    - Food & Beverage
    - Consumer Electronics
    - Household Appliances
    - Newspaper & Graphics
    - Metal
    - Building & Construction
    - Others
  - China
    - China Strapping Machine, By Product
      - Semi-Automatic
      - Automatic
      - Fully Automatic
    - China Strapping Machine, By Material
      - Steel
      - Polypropylene
      - Polyester
    - China Strapping Machine, By Application
      - Food & Beverage
      - Consumer Electronics
      - Household Appliances
      - Newspaper & Graphics
      - Metal
      - Building & Construction
      - Others
  - India
    - India Strapping Machine, By Product
      - Semi-Automatic
      - Automatic
      - Fully Automatic
    - India Strapping Machine, By Material
      - Steel
      - Polypropylene
      - Polyester
    - India Strapping Machine, By Application
      - Food & Beverage
      - Consumer Electronics
      - Household Appliances
      - Newspaper & Graphics
      - Metal
      - Building & Construction
      - Others
  - Japan
    - Japan Strapping Machine, By Product
      - Semi-Automatic
      - Automatic
      - Fully Automatic
    - Japan Strapping Machine, By Material
      - Steel
      - Polypropylene
      - Polyester
    - Japan Strapping Machine, By Application
      - Food & Beverage
      - Consumer Electronics
      - Household Appliances
      - Newspaper & Graphics
      - Metal
      - Building & Construction
      - Others
- Central & South America
  - Central & South America Strapping Machine, By Product
    - Semi-Automatic
    - Automatic
    - Fully Automatic
  - Central & South America Strapping Machine, By Material
    - Steel
    - Polypropylene
    - Polyester
  - Central & South America Strapping Machine, By Application
    - Food & Beverage
    - Consumer Electronics
    - Household Appliances
    - Newspaper & Graphics
    - Metal
    - Building & Construction
    - Others
  - Brazil
    - Brazil Strapping Machine, By Product
      - Semi-Automatic
      - Automatic
      - Fully Automatic
    - Brazil Strapping Machine, By Material
      - Steel
      - Polypropylene
      - Polyester
    - Brazil Strapping Machine, By Application
      - Food & Beverage
      - Consumer Electronics
      - Household Appliances
      - Newspaper & Graphics
      - Metal
      - Building & Construction
      - Others
- Middle East & Africa
  - Middle East & Africa Strapping Machine, By Product
    - Semi-Automatic
    - Automatic
    - Fully Automatic
  - Middle East & Africa Strapping Machine, By Material
    - Steel
    - Polypropylene
    - Polyester
  - Middle East & Africa Strapping Machine, By Application
    - Food & Beverage
    - Consumer Electronics
    - Household Appliances
    - Newspaper & Graphics
    - Metal
    - Building & Construction
    - Others

Strapping Machine Market Dynamics

Drivers: Increasing Demand For From The Packaging Industry

A strapping machine is used to apply a strap to an item to stabilize, combine, or reinforce it. It dispenses, tightens, and seals the straps made of polyester, polypropylene, or steel. A strapping machine is widely used to enclose or protect various products during shipping, storage, use, and sale. It is mainly used in food & beverage, building & construction, consumer electronics, metal, newspaper & graphics, and household appliances industries. Increasing demand for strapping machines from the packaging industry to enclose and protect various products from aforementioned application industries to achieve safety and usability is anticipated to increase the product demand over the forecast period. Strapping machine offers packaging solutions for the steel and metal industry, including rods & bars, aluminum, and other non-ferrous metals along with metal service centers and cold mills. Steel strapping provides high tensile strength and excellent shock resistance for heavy-duty metal sheets, rods, and bars. Suitable strapping technology and consumables should be used for benefits such as optimal pack integrity, transport security, protection of products with bottom/top cover, low maintenance, and low cost.

Rising Demand From Asia Pacific

The global strapping machine market is driven by the robust growth in the product demand in various application industries in Asia Pacific. The presence of major economies in the region, such as China, India, and Japan, was the key factor responsible for market growth in the past and the trend is projected to continue over the forecast period. Packaging has become a very important factor in attracting customers. The relative market players are spending a large amount of money on packaging aspects apart from the product itself to attract consumers toward their products. This has also led to an increase in the demand for strapping machines, which form a vital part of the packaging process. The strapping machine places a strap or band around the packages to hold and provide security and closure to the packages. The presence of emerging economies, such as China, India, and Japan, in the region is expected to drive the growth of the food & beverage industry. Owing to the diversity in this region, in terms of demographics, consumption patterns, dietary preferences, and income levels, the food & beverage industry is expected to grow significantly in the coming years. Asia Pacific's food & beverage industry is projected to grow significantly over the forecast period.

Restraints: High Cost Of Installation

Strapping machine is used for packaging products in various industries including food & beverage, consumer electronics, metal, building & construction, household appliances, pharmaceuticals, and newspaper & graphics. Key market players from these application industries are spending a huge amount on packaging than the product itself. However, the strapping machine market is capital-intensive. It requires a lot of capital investment for the installation of strapping machines and R&D activities, which is a major challenge for key players and new entrants in the strapping machine market. Besides packaging material, the volume & size of the packaging and size of the strapping machine affect the unit cost of a product. Small strapping machines require less expensive machine tools, whereas large volume strapping machines require expensive tools, leading to higher maintenance costs.

What Does This Report Include?

This section will provide insights into the contents included in this strapping machine market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Strapping machine market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Strapping machine market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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