Strapping Machines market

Strapping Machines Market - Global Outlook and Forecast 2022-2028

  • 25 January 2022
  • Machines
  • 70 Pages
  • Report code : PMR-6802104

  • 4.7 (158)

Strapping Machines Market

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Strapping machines are various types of equipment that perform the action of bundling together products or parts by way of a strap or several straps that fasten an item to a material handling product, usually a pallet. Strapping is performed for many applications, including the reinforcement of packaging, which is the primary method of fastening products to a pallet. Strapping is also used as a method of combining many small products into one large bundle for easier material handling purposes.

Strapping Machines Market contains market size and forecasts of Strapping Machines in global, including the following market information:

Global Strapping Machines Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Strapping Machines Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Strapping Machines companies in 2021 (%)

The global Strapping Machines market was valued at 2190.9 million in 2021 and is projected to reach US$ 3019.6 million by 2028, at a CAGR of 4.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Fully Automatic Strapping Machines Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Strapping Machines include Signode, MJ Maillis, Cyklop, Fromm, StraPack, Mosca, Samuel Strapping Systems, Transpak and Polychem, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Strapping Machines manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Strapping Machines Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Strapping Machines Market Segment Percentages, by Type, 2021 (%)

Fully Automatic Strapping Machines

Automatic Strapping Machines

Semi-automatic Strapping Machines

Global Strapping Machines Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Strapping Machines Market Segment Percentages, by Application, 2021 (%)

Food & Beverage

Consumer Electronics

Household Appliances

Newspaper & Graphics

Others

Global Strapping Machines Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Strapping Machines Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Strapping Machines revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Strapping Machines revenues share in global market, 2021 (%)

Key companies Strapping Machines sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Strapping Machines sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Signode

MJ Maillis

Cyklop

Fromm

StraPack

Mosca

Samuel Strapping Systems

Transpak

Polychem

Yongsun

Xutian Packing Machine

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