Strapping Machine Market Growth Analysis Report - Market Size, Share, Forecast Trends and Outlook (2025-2034)
Description
The global strapping machine market attained a value of USD 5.62 Billion in 2024 and is further expected to grow at a CAGR of 4.80% during the forecast period of 2025-2034 to reach nearly USD 8.98 Billion by 2034. Growing e-commerce and logistics industries are significantly boosting the demand for high-efficiency packaging solutions including strapping machines globally.
Key Insights and Trends
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.
The major product segments in the market are:
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:
Key Insights and Trends
- The Asia Pacific strapping machine market secured the dominant position in 2024 and is expected to grow at a CAGR of 5.9% over the forecast period.
- By country, China is expected to register a CAGR of 5.7% over the forecast period.
- By products, fully automatic machines are projected to grow at a CAGR of 5.4% over the forecast period.
- By application, the food and beverage category is projected to grow at a CAGR of 5.4% over the forecast period.
- Market Size in 2024: USD 5.62 Billion
- Projected Market Size in 2034: USD 8.98 Billion
- CAGR from 2025 to 2034: 4.80%
- Dominant Regional Market: Asia Pacific
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.
The major product segments in the market are:
- Semi-Automatic
- Automatic
- Fully Automatic
- Steel
- Polypropylene
- Polyester
- Food and Beverage
- Consumer Appliances
- Household Appliances
- Newspaper and Graphics
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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
Table of Contents
173 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Strapping Machine Market Analysis
- 5.1 Key Industry Highlights
- 5.2 Global Strapping Machine Historical Market (2018-2024)
- 5.3 Global Strapping Machine Market Forecast (2025-2034)
- 5.4 Global Strapping Machine Market by Product
- 5.4.1 Semi-Automatic
- 5.4.1.1 Historical Trend (2018-2024)
- 5.4.1.2 Forecast Trend (2025-2034)
- 5.4.2 Automatic
- 5.4.2.1 Historical Trend (2018-2024)
- 5.4.2.2 Forecast Trend (2025-2034)
- 5.4.3 Fully Automatic
- 5.4.3.1 Historical Trend (2018-2024)
- 5.4.3.2 Forecast Trend (2025-2034)
- 5.5 Global Strapping Machine Market by Material
- 5.5.1 Steel
- 5.5.1.1 Historical Trend (2018-2024)
- 5.5.1.2 Forecast Trend (2025-2034)
- 5.5.2 Polypropylene
- 5.5.2.1 Historical Trend (2018-2024)
- 5.5.2.2 Forecast Trend (2025-2034)
- 5.5.3 Polyester
- 5.5.3.1 Historical Trend (2018-2024)
- 5.5.3.2 Forecast Trend (2025-2034)
- 5.6 Global Strapping Machine Market by Application
- 5.6.1 Food and Beverage
- 5.6.1.1 Historical Trend (2018-2024)
- 5.6.1.2 Forecast Trend (2025-2034)
- 5.6.2 Consumer Appliances
- 5.6.2.1 Historical Trend (2018-2024)
- 5.6.2.2 Forecast Trend (2025-2034)
- 5.6.3 Household Appliances
- 5.6.3.1 Historical Trend (2018-2024)
- 5.6.3.2 Forecast Trend (2025-2034)
- 5.6.4 Newspaper and Graphics
- 5.6.4.1 Historical Trend (2018-2024)
- 5.6.4.2 Forecast Trend (2025-2034)
- 5.6.5 Others
- 5.7 Global Strapping Machine Market by Region
- 5.7.1 North America
- 5.7.1.1 Historical Trend (2018-2024)
- 5.7.1.2 Forecast Trend (2025-2034)
- 5.7.2 Europe
- 5.7.2.1 Historical Trend (2018-2024)
- 5.7.2.2 Forecast Trend (2025-2034)
- 5.7.3 Asia Pacific
- 5.7.3.1 Historical Trend (2018-2024)
- 5.7.3.2 Forecast Trend (2025-2034)
- 5.7.4 Latin America
- 5.7.4.1 Historical Trend (2018-2024)
- 5.7.4.2 Forecast Trend (2025-2034)
- 5.7.5 Middle East and Africa
- 5.7.5.1 Historical Trend (2018-2024)
- 5.7.5.2 Forecast Trend (2025-2034)
- 6 North America Strapping Machine Market Analysis
- 6.1 United States of America
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Canada
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Europe Strapping Machine Market Analysis
- 7.1 United Kingdom
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Germany
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 France
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Italy
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Asia Pacific Strapping Machine Market Analysis
- 8.1 China
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Japan
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 India
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 ASEAN
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Australia
- 8.5.1 Historical Trend (2018-2024)
- 8.5.2 Forecast Trend (2025-2034)
- 8.6 Others
- 9 Latin America Strapping Machine Market Analysis
- 9.1 Brazil
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Argentina
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Mexico
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Others
- 10 Middle East and Africa Strapping Machine Market Analysis
- 10.1 Saudi Arabia
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 United Arab Emirates
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Nigeria
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 South Africa
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Value Chain Analysis
- 13 Competitive Landscape
- 13.1 Supplier Selection
- 13.2 Key Global Players
- 13.3 Key Regional Players
- 13.4 Key Player Strategies
- 13.5 Company Profiles
- 13.5.1 Dynaric, Inc.
- 13.5.1.1 Company Overview
- 13.5.1.2 Product Portfolio
- 13.5.1.3 Demographic Reach and Achievements
- 13.5.1.4 Certifications
- 13.5.2 Polychem Corporation
- 13.5.2.1 Company Overview
- 13.5.2.2 Product Portfolio
- 13.5.2.3 Demographic Reach and Achievements
- 13.5.2.4 Certifications
- 13.5.3 StraPack, Inc.
- 13.5.3.1 Company Overview
- 13.5.3.2 Product Portfolio
- 13.5.3.3 Demographic Reach and Achievements
- 13.5.3.4 Certifications
- 13.5.4 Transpak Equipment Corp.
- 13.5.4.1 Company Overview
- 13.5.4.2 Product Portfolio
- 13.5.4.3 Demographic Reach and Achievements
- 13.5.4.4 Certifications
- 13.5.5 Signode Industrial Group LLC
- 13.5.5.1 Company Overview
- 13.5.5.2 Product Portfolio
- 13.5.5.3 Demographic Reach and Achievements
- 13.5.5.4 Certifications
- 13.5.6 Fromm Holding AG
- 13.5.6.1 Company Overview
- 13.5.6.2 Product Portfolio
- 13.5.6.3 Demographic Reach and Achievements
- 13.5.6.4 Certifications
- 13.5.7 Others
Pricing
Currency Rates
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