Strapping Machine Market Intelligence Report 2022: A $4.22 Billion Market in 2021 - Global Forecast to 2027 - ResearchAndMarkets.com

The "Strapping Machine Market Intelligence Report - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The Global Strapping Machine Market is projected to reach USD 5,987.30 million by 2027 from USD 4,224.60 million in 2021, at a CAGR 5.98% during the forecast period.

In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

The report on strapping machine identifies key attributes about the customer to define the potential market and identify different needs across the industry.

Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. This market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience.

This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

Key Findings

• The Americas Strapping Machine Market size was estimated at USD 1,145.50 million in 2021, is expected to reach USD 1,205.58 million in 2022, and is projected to grow at a CAGR of 5.76% to reach USD 1,603.41 million by 2027.
• The Asia-Pacific Strapping Machine Market size was estimated at USD 1,629.85 million in 2021, is expected to reach USD 1,728.26 million in 2022, and is projected to grow at a CAGR of 6.04% to reach USD 2,318.17 million by 2027.
• The Europe, Middle East & Africa Strapping Machine Market size was estimated at USD 1,449.25 million in 2021, is expected to reach USD 1,538.31 million in 2022, and is projected to grow at a CAGR of 6.08% to reach USD 2,065.71 million by 2027.

Company Usability Profiles:

• Cyklop GmbH
• Dongguan Xutian Packing Machine Co., Ltd.
• Dynaric, Inc.
• Fromm Holding AG
• Hangzhou Youngsun Intelligent Equipment Co., Ltd.
• Hellmann Verpackung
• Humboldt Verpackungstechnik GmbH
• Join Pack Machines Pvt. Ltd.
• LINDER GmbH
• Messersi Packaging S.r.l.
• MJ Maillis SA
• Mosca GmbH
• Packway Inc.
• Polychem Corporation
• Samuel, Son & Co.
• Signode Industrial Group LLC
• SORSA Strapping Systems
• StraPack Corporation
• TART, s.r.o.
• Transpak Equipment Corp.
• Venus Packaging
• Vinayak Packaging Industries

Market Segmentation & Coverage:

Material:

• Baler Twines
• PET
• Polyester
• PP
• PVC
• Steel

Product Type:

• Automatic Strapping Machines
• Hand-tools Strapping Machines
• Semiautomatic Strapping Machines

End-user:

• Building & Construction
• Commercial Printing
• Consumer good
• Electronic industry
• Food & Beverage
• General Packaging
• Pharmaceutical

Application:

• Bundling
• Closing
• Handling Aid
• Load Securing

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

For more information about this report visit https://www.researchandmarkets.com/r/8a8mdh

View source version on businesswire.com: https://www.businesswire.com/news/home/20220817005515/en/