Hi, what are you looking for?
The global strapping equipment market is expected to reach a valuation of US$ 1.7 Bn in 2022. With sales growing at a 4.6% CAGR, the market size will reach US$ 2.7 Bn by 2032.
Strapping equipment is increasingly being adopted in sectors such as food & beverages, shipping & logistics, building and construction, and automobile to pack heavy and bulky boxes. Usually, materials such as polyester, steel or plastic are used in strapping equipment to pack the product. Polyester is used as the strongest and most rigid material for packaging.
The E-commerce sector is estimated to boost the market for the strapping equipment as it is used most frequently in it. Most industries are focussing on increasing productivity by reducing packaging time and ensuring 360-degree protection of bulk loads.
Get [email protected] https://www.futuremarketinsights.com/reports/sample/rep-gb-15044
Strapping equipment help to increase strength of heavy and bulk packages during loading and unloading thus consumes less processing time. On the back of this, end user’s inclination towards automatic strapping equipment has increased in recent years.
“Growing adoption of automatic strapping equipment across the food & beverage sector, along with increasing sales of consumer electronics across the globe,” says an FMI analyst.
Signode Industrial Group LLC, Cyklop International, Dongguan Xutian Packing Machine Co. Ltd., Dynaric Inc., Fromm Holding AG, Hefei Seelong Import and Export Group Co. Ltd, Messersi Packaging Srl, Mosca GmbH, North Shore Strapping Inc., Packmaster Machinery Pvt Ltd, Polychem Corporation, Samuel, Son & Co., StraPack, Corp., Tiger Pack, Inc., TITAN Umreifungstechnik GmbH and Co. KG, Transpak Equipment Corp, VENUS HARTUNG PTY LTD, GTI Industries Inc, FELINS, ASN Packaging Pvt Ltd.
Global Strapping Equipment Market Report
Future market insights, in its new report, offers an unbiased analysis of the global market for strapping equipment market by product type (horizontal strapping equipment and vertical strapping equipment), by automation (manual, semi-automatic and automatic), by end-use industry (automobile, food & beverages, building & construction, electrical & electronics, household appliances, shipping & logistics and others), across seven regions.
Speak to our Research [email protected] https://www.futuremarketinsights.com/ask-question/rep-gb-15044
Strapping Equipment Market by Category
4. Global Strapping Equipment Market Analysis 2015–2021 and Forecast 2022–2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2015-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast, 2022-2032
About the Packaging Division at Future Market Insights
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
Have a Look at Related Research Reports:
Download complimentary copy of FMI’s white paper on ‘Intelligent Packaging for Circular Economy’ in collaboration with Graham Packaging and Avery Dennison
Sterile Rubber Stopper Market are expected to surpass a valuation of US$ 2.1 by 2022 – Comprehensive Research Report by FMI
Multiflex Tubes Market are projected to create an absolute dollar opportunity of nearly US$ 900 Mn through 2032 – Comprehensive Research Report by FMI
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware – 19713, USA T: +1-845-579-5705 For Sales Enquiries: [email protected] Website: https://www.futuremarketinsights.com Report https://www.futuremarketinsights.com/reports/strapping-equipment-market LinkedIn| Twitter| Blogs
The post Strapping Equipment Market Competitor Analysis, Winning Strategies and Growth Drivers 2032 appeared first on Future Market Insights.
Rockets from a US M142 High Mobility Artillery Rocket System (HIMARS) fired during military exercises in Morocco. - Copyright POOL/AFP/File Thomas LohnesPaul HANDLEYUS-made precision...
India has reported its first confirmed case of monkeypox after a 35-year-old man with a history of travel to the Middle East showed symptoms.
Drones make it possible for Kyiv to conduct reconnaissance along the 2,470-kilometre (1,535-mile) front line, spotting Russian forces.
China's economy grew much slower than expected in the second quarter as it was battered by lockdowns in major cities including Shanghai - Copyright...
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.